Blue Horseshoe Stocks: Updates on BFLX & SKYF, Extended Watchlist

Yesterday’s two momentum plays both fared extremely well, collectively allowing us the chance to bank more than 200% in cumulative intraday gains. Read ahead for an update of those performances:

Bioflamex Corp. BFLX

BFLX opened at .0009, and dipped as low as .0007 before closing out the day at the high of .0013, marking an overall intraday move of  86%

As you can plainly see on the intraday chart below of BFLX’s trading activity, there were several swings on the day, which actually tallied cumulative gains of 153%

The stock closed up 44% on the day, and did so on over 425 million shares traded. That’s the kind of momentum that is strong enough to sustain multi-day runs, so we’ll be on the lookout for that. There will be a point where profit-taking will drive the price back down, where we can be ready to time a dip-and-rip, if that’s the scenario with which we are presented.

In order to keep our interest, BFLX will have to hold support in the .0007-.0009 range.

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SKY440, Inc. SKYF

 SKYF started out the day yesterday at .0013 and briefly dipped as low as .0012 before going on a romp, reaching a high of .0024, which marked a chance for a 100% intraday gains.

The stock closed at .002, up 54% on the day with 569 million shares trading hands, another example of the extreme liquidity that we like to see. For us to remain interested in this play, we’ll need to see support hold off of yesterday’s lows of .0012.

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Extended Watchlist:

HALO, GORO, XXII, TC, PLUG

Blue Horseshoe Stocks: WAVX, APP, HEMP & Extended Watchlist

Wave Systems Corp. WAVX

WAVX hits our radar this morning as a fresh news play that is currently gapping up in pre-market trading. It will be worth putting this one on our radar in the event that the stock continues to run. The news is regarding a collaboration between WAVX, and Micron Technology, Inc. (Nasdaq:MU).

BOISE, Idaho and LEE, Mass., April 15, 2014 (GLOBE NEWSWIRE) — Micron Technology, Inc. (MU), a global leader in advanced semiconductor systems, and Wave Systems Corp. (WAVX), a leading provider of endpoint security, today announced they are expanding their relationship to develop solutions designed to strengthen user protection against current and emerging threats to compute and embedded platforms. >> FULL PR


American Apparel, Inc. APP

Now is the time of year when we begin speculating on the positioning of APP; our coverage of this stock goes back to 2011. Traditionally this stock performs well heading into the heavy retail season which lasts from summer through the holidays.

The stock has recently come down to a relative low just below the fifty-cent mark, and has a gap on the chart (as you can see below) to .58.

As is usually the case when we bring this play into the conversation, this is more of a long-term watchlist item that we like to continuously monitor for opportunities over extended periods of time.


Hemp, Inc. HEMP

On the heels of its announcement of record-setting revenues, HEMP made a significant move after we featured it in yesterday’s morning report.

After opening up at .085, the stock rapidly shot up roughly 18% to a dime, before running into resistance. We’d like to see the stock hold support at or above the .075 range to keep things interesting.


Extended Watchlist:
HPJ, ONVO, IDRA, HALO, PLUG, WIIM

TVTV, EPAZ & Extended Watchlist

WhereverTV Broadcasting Corp. TVTV

Following our first day of coverage, TVTV had a good solid session in which the stock traded roughly three times its 3-month average volume. Apart from 363 shares, all 32K+ shares were traded on the ask; when buy-side pressure heavily outweighs sell-side pressure, its always a good sign.

While the stock did not make any large gains, we were pleased to see it hold support above the levels we had designated in our prior reports.

For those of you who may have missed both Wednesday and Thursday‘s reports, we recommend giving them a read and familiarizing yourself with TVTV’s business plan. They have a solid idea, in the attractive live mobile streaming television space. WhereverTV offers subscriptions that give users access to streaming television service, comparable to any currently available cable or satellite subscription, delivered to any internet-capable device. These days, “internet-capable device” can include just about anything from TVs, Blu-Ray players, and video game consoles, to PCs, tablets and smart-phones.

For more info visit:
www.wherever.tv

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Epazz, Inc. EPAZ

We are bring EPAZ to you this morning at quite an interesting time, as the stock just bounced off of its 52-week low of .001, and subsequently started to run yesterday. It cracked above the 20DMA, gaining upwards of 140% on record volume.

As you can see on the chart we included below, the MACD just had a crossover, signaling the start of a bullish trend, and the RSI is showing strength, just moving past the 50-line. We’ve also seen a concurrent rise in the Accumulation/Distribution. We are looking for the next patch of resistance to crop up at the 50DMA of .0032. Should EPAZ have a rough time pushing past that point, we could see a dip-and-rip opportunity. Moving forward, we’d like to see support hold in the area of the 20 and 10DMA’s of .0022 and .0016 respectively.

EPAZ Company Profile Video

CHICAGO, March 21, 2013 /PRNewswire via COMTEX/ — Epazz, Inc. (OTCQB: EPAZ), a leading provider of cloud based business software solutions announced today that the convertible notes in June 2012 for $42,500 and July 2012 for $32,500 has been concluded. Epazz, Inc. has not entered into any convertible notes in 2013.

Epazz Inc. is a leading cloud based software company that specializes in providing customized cloud applications to the corporate world, higher education institutions and the public sector. Epazz BoxesOS(TM) v3.0 is the complete business web-based software package for small to mid-size businesses, Fortune 500 enterprises, government agencies, and higher education institutions.

For More Info Visit:
http://www.epazz.com/
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Extended Watchlist:
DHSM, SKTO, HALO, ANAC, TTNP

Happy Holidays From Blue Horseshoe

We’d like to wish everyone a happy holiday, first and foremost, however you celebrate the season. We’ve been on a hot streak recently, so we urge everyone to stay with us through the last week of 2012 as we begin the new year on a good foot.

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MediSwipe, Inc. MWIP

MWIP recently provided us with a huge opportunity; following our first mention of the stock back in October, we witnessed a run from a low of .0024 all the way up .0199, as pointed out on the chart below. At its peak, a run that could have yielded gains of almost 730%.

It is currently holding above a penny, and we’d like to see it continue to do so into 2013.

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Extended Watchlist:
ECOB, RXAC, HALO, APPY, CEMI, AAPL

ANTS, BVSN, RFMK, EGCT & Extended Watchlist

ANTs Software Inc. ANTS

Another week ends on a good note. We had some nice opportunities this week. ANTS made us a nice gain yesterday, after mentioning it on Wednesday. The stock came from a low of .0118, and yesterday saw a close one tick shy of the high of day at .024, giving us the chance to score 112% in gains in just over a day.

ANTS went through a bit of a quiet period after its announcements back in July, and in the month of September, we’ve already seen three PR’s, including two 8-K’s, which really gave us a boost in volume, with the stock trading over 10M shares on three consecutive days. That is significant dollar volume for a penny stock. That is why we will continue to keep an eye on it heading into next week.

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BroadVision, Inc. BVSN

We typically do not dabble in big board listed stocks, due to the rarity of the types of gains we see with the pennies, however that was not the case with BVSN this week. We jumped on this stock after it hit our scanner, and brought it to you just in the nick of time on Wednesday. At that time the stock traded as low as 8.50. Yesterday’s high just shy of 12.00, marked the opportunity for gains of more than 40%

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Rapid Fire Marketing, Inc. RFMK

RFMK appeared for the first time in yesterday’s newsletter, and it seems our first time mentions have been hot lately. Sometimes we let stocks sit on our radars until the most opportune moments, and this was the case with RFMK. The daily range was between .0021 and .0026, on over 2X the 3mo average in volume.

Seeing a 25% gain on day one of our coverage is always a treat. Looking at the technicals on the chart, this could be the start of a nice run for RFMK. The MACD is just starting to cross, and the RSI appears as if it wants to head into the powerzone. With the activity on the chart and the way the stock is presenting itself, we’ll have this stock on our watchlist for the short-to-medium term.

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Ecologic Transportation, Inc. EGCT

We’ve been pounding the tables for months now on EGCT, and we wouldn’t expect it to end anytime soon. From last Tuesday’s twenty cent low, to yesterday’s high of .40, marks another 100% in gains added to the already exceptional performance of EGCT. As we’ve previously mentioned, we are going to be watching this for awhile, for reasons outlined in our recently published special report regarding the pending acquisition of ACE Rent A Car.

In all, the stocks appearing on today’s report have cumulatively brought us 278% in gains over the past week or so, which is exactly the type of week we love to have. Be sure to stay with us as we try to make next week just as special.

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Extended Watchlist:
KNKT, CBIS, BIOF, PEIX, WAFR, HALO, PPHM, EOX (Bottom Bouncer)

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