Tag: GCHK

Blue Horseshoe Stocks: BCEI Review & More

Bonanza Creek Energy, Inc. BCEI

On an otherwise relatively quiet day, we observed a nice move in BCEI, a stock we’ve been tracking routinely for quite some time. The most recent occasion upon which we mentioned the stock was a few weeks back on August 18th, and we subsequently observed a low of .81.

Yesterday’s  move from 1.19 up to a new high of 1.41 was not only an intraday push of 18% but it also represented a total upswing of 74% over our observed low. It has been a fairly steady incline over the past ten sessions or so, and we’ll continue to monitor it higher highs and higher lows.

Other Updates

Signal Bay, Inc. SGBY – We alerted our readers to our interest in SGBY on Tuesday, and the entire week has been a a continual uptrend as it has recorded higher highs and higher lows every single day.

From Tuesday low of .0103 to yesterday’s new high at .0219, we’d seen a total three-session increase of 113% and it will remain on our radar going forward.
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Enteromedics, Inc. ETRM – We’ve got a history with ETRM that literally stretches back for years, and yesterday thought to re-signal the stock as it was showing a hint of life coming off of the new 52-week low it established just this week.

We mentioned that we’re going to keep an eye on it for a recovery over an extended period, but it fared pretty well in the short-term also, with a nice 21% move from .1383-.167. We’ll continue to track it for higher highs and higher lows in sessions to come.

InvestView, Inc. INVU

We spotted a possible subpenny bottom-play in INVU. It registered a new 52-week low of .0025 last week, traded in a daily range from .0031 up to .0041 yesterday, with accumulation/distribution picking up considerably in recent sessions.  We’re going to keep watch over this one for signs of a recovery off of these lows.

Extended Watchlist:
PVHO, CATQ, GCHK, STX, EARS, CLCD, TVIX

Blue Horseshoe Stocks: LOTE Recap & More

Lot78, Inc. LOTE

Yesterday, as we were congratulating those of our members who had caught our tag of LOTE in last Thursday morning’s premarket report, which ran 70% from .0037- .0063 on Friday,  we mentioned that our continued interest in the stock was predicated on it maintaining support above .0046. Not only did it manage to do so, but what followed was a monstrous session that carried it from subpenny territory, on into Pennyland! It was a truly excellent way to kick off the short trading week.

From a daily low of .0052, LOTE roared its way to an afternoon high of .0152. a move of exactly a penny, which provided the chance at intraday gains of up to 192%  From our observed low of .0037 from the prior session, that represents a two-day swing of 311% The move came in conjunction with the stock’s third-highest trading volume of 2016, and the close came just two ticks below the HOD, at .015.

We’ll certainly have LOTE, which now qualifies as a momentum-play, near the top of our watchlist as we progress through this holiday-shortened week. On any pullbacks, we’ll want to see the stock maintain support above a penny.

BIND Therapeutics, Inc. BIND

Another solid pick from yesterday’s report came in the form of BIND, a company that had filed for Chapter-11 this spring.

We caught this one on the heels of its acceptance of Pfizer’s $20M stalking horse bid, in which the pharma giant intends to acquire most of the bankrupt company’s assets barring the submission of any higher bids when the assets go to auction later this month.

As for the opportunity that was present following our inclusion of the play in yesterday’s morning report, BIND traded in a daily range from .57-.79, a respectable single-session rip of 39%  We’ll continue to track this play in the event it can hold support above yesterday’s swing low.

Santa Fe Gold Corp. SFEG

On Friday morning, we marked SFEG for tracking, and what has followed is two big sessions of solid gain opportunities. Before breaking for the holiday weekend, the stock traded in a range from .0115-.0165 for an initial gain of 43%

Then yesterday, things really took off in a northerly direction as the stock traded up from .0194 to an impressive new high of .044. That came out to a single-session jump of 127% and a two-day swing amounting to 283%

With the stock firmly in blue sky breakout territory, we’ll want to continue to keep an eye peeled to monitor its activity going forward. Considering the kind of volatility we’ve witnessed thus far, a dip-and-rip scenario could be waiting to play out on the chart.
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Added Note: Speaking of gold plays, the markets experienced a selloff yesterday, and appear to be in line for another possible downturn today. As such, we’ll look to these gold-related stocks as a corresponding idea.

AngloGold Ashanti Ltd. AU and Royal Gold, Inc. RGLD

Extended Watchlist:
GCHK, TALK, SOUP, DCTH,

EXTO, GCHK, DWIS, EMBA – Hot Penny Stocks Today

Exit Only, Inc. EXTO

EXTO has been an absolute workhorse of a stock for us ever since we first put it on our radar at .0025. We subsequently enjoyed a 416% run up to .0129. After a period of consolidation, it found support at .0065.

We pointed out a pinching MACD indicator last week, and it appears as if the next few trading sessions could carry with them the cross that we are looking for. If EXTO reacts to a MACD cross in the same manner it has in the past, we are staring out over the edge of another PPS surge.

Greenchek Technology, Inc. GCHK

As we pointed out before Summer, Greenchek’s chart offers multiple bounce opportunities for wary traders. We added the stock to our watchlist once again recently, as we noticed the start of another uptrend.

We alerted that at .0015, just before the stock surged to .0022, for a quick 47% gain. We are looking to test the resistance at .0022 this week, and if that level can be surmounted, the next flak points will sit at .0025, .0027 and .0032.

In just over a month, there have been four runs of at least 33%, and for anyone sitting on the sidelines, it seems only a matter of time before it is possible to catch and take advantage of the next wave.

Dinewise,Inc. DWIS

DWIS on Friday, hit a high of .11, and closed out at that price, trading twice its 3 month average volume. In the past week following our mentions, the stock moved 57% from .07 to .11.

In the past we have seen prices on the order of .1795, so we would like to see it retest that level. From here, that would mark an added gain of 63%

The stock moved up on relatively light volume last week; there is only 2 million shares in the float, and that is exactly how it trades.

eMamba International Corp. EMBA

EMBA has been on our radar for just a few weeks, thus making it the freshest pick out of all the stocks featured in today’s newsletter.

During that short time, we have experienced a run from .36 to .507: a gain of 41%, a very impressive figure for a stock priced in this range. We are also seeing a pinching MACD, an indication that more gains are in store.

The company recently appointed Derek Suzuki to its board of directors, a gentleman who has had his hand in the success of multiple Fortune 500 companies, including almart (Sam’s Club), Costco, VIZIO, Circuit City, CompUSA, Best Buy, Best Buy Canada and Future Shop. Derek’s involvement is expected to bolster the eMamba team’s effectiveness significantly.