Tag: IDRA

Blue Horseshoe Stocks: PIHN, NGMC, MLCG

Polaris International Holdings, Inc. PIHN

We tagged PIHN in yesterday morning’s extended watchlist, with no idea that the stock would become the latest in a long line of companies that are jumping into the medical marijuana business.

Now, all of the sudden, a seemingly random stock that traded from .012-.0169 (+41%) yesterday, is now grabbing our attention for another reason.

If any of the other plays that we’ve seen take off on cannabis-related news are any indicator, the gain opportunities could continue to roll in. A predictable scenario could include the stock running off of this morning’s PR, pulling back as folks reap their profits, and following that with a subsequent bounce. A classic dip-and-rip would certainly not be out of the ordinary under these conditions, so we’ll want to continue to monitor PIHN as we cruise through mid-week.

PLANO, TX–(Marketwired – Mar 19, 2014) – Polaris International Holdings, Inc. (PINKSHEETS: PIHN) (OTC Pink: PIHN) is pleased to announce they have entered into an exclusive agreement with Longevity Holdings, LLC for the ProCannas® product line. The agreement grants the sole rights to sell, distribute and market the provisional patent-pending formulation of Longevity Holding, LLC cannabis oil. >>> FULL PR


Next Generation Energy Corp. NGMC

NMGC is another cannabis play with fresh news out today that we want to throw into the mix. The company has the intention to partner with an already-existing chain of marijuana dispensaries.

FAIRFAX, Va., March 19, 2014 /PRNewswire via COMTEX/ — Next Generation Energy Corp. (OTCQB:NGMC) announced today its major advancement into the Medical Marijuana industry. Darryl Reed, CEO of NGMC, said the Company’s wholly owned subsidiary, NextGen Cannabis Consulting LLC, has entered into a LOI with Highway 2 Health, Inc. (H2H). H2H currently owns and operates three dispensaries in the greater Los Angeles area and has extensive experience in the Medical Marijuana industry. >> FULL PR


ML Captial Group, Inc. MLCG

MLCG was another play from yesterday’s report to fare well off of some pot-related press, trading in a range from .0544-.074, an intraday move of 36%

Extended Watchlist:
AMZG, PLUG, WPCS, IDN, PSUN, IDRA, HTM, HZNP

EWSI, FREE, PLUG, IDRA, DSCO & Extended Watchlist

E-Waste Systems, Inc.  EWSI
Following Friday’s newsletter, EWSI opened at its low of day at .043, and would go on to close at its high of day at .05, marking an increase of 16% This comes after we pointed out the stock coming off of a recent bottom, and with a bullish close like we saw on Friday, we are going to be watching this one to make higher lows and higher highs to confirm the current uptrend.

We were clued into re-alerting EWSI on Friday as a result of a good chart setup on both the RSI and the MACD. With no morning gap-up, Friday’s 16% move was purely realized gain.

We have witnessed EWSI run to ten cents in the past, so we know for a fact that it is capable of much larger gains. Indicators seem to point to the current push spanning multiple sessions, leaving it high on our watchlists as we begin a new trading week.

FreeSeas, Inc. FREE
 Over the course of a few weeks since we alerted FREE for the first time on 09/10, we have seen FREE go on a mammoth run from .2213 all the way up to .9287, an increase of 320%

Following that peak, the stock has pulled back to find support in the .60-.70 range, and now have it on watch for another possible leg up from these levels. The next key area of resistance from here is going to be the 200DMA at .98.

Plug Power, Inc. PLUG

We first called PLUG on 02/15 as a “potential recovery play” right after we noticed the stock hitting its 52-week lows. What we ended up seeing from PLUG was a recovery, and then some. Over the past several months, the stock not only regained the ground to where it had fallen off a cliff in early February, but the stock has continued its ascent, touching a high of .80 in early September.

As you can see, gains of nearly 600% were possible for anyone who had caught this play at or near its 52-week low on the heels of our initial alert.

Idera Pharmaceuticals, Inc. IDRA
& Discovery Laboratories, Inc. DSCO

Both of these stocks gapped up on Friday after appearing in our extended watchlist, and we still have them on our radars heading into this week.

Each stock traded large volume during Friday’s sessions, so we’re interested to see if they can build up some momentum.

Extended Watchlist:

RNN, ONVO, ONTY, CTIC, TKMR, ATOS(Huge gap down, watching for a potential bounce)

Blue Horseshoe: EWSI & Extended Watchlist

E-Waste Systems, Inc.  EWSI
Following our last mention of EWSI, on August 21st, the stock was trading at a low of .0425, and in just six trading sessions, the stock had topped out at .10, racking in gains to the tune of 135%

Following that run, the stock gradually consolidated, as it searched for a bottom throughout the month of September. This morning, we are entering EWSI back into the conversation, as it appears to have found that bottom, and begun to show signs of another uptrend.

The stock breached its 50DMA at .043, and managed to close at that level. The chart is looking extremely ripe, as we’ve pointed out with the annotations below. We definitely want to keep a sharp eye on this stock today, and heading into next week.  A return to its previous swing high could mean another triple digit gain from EWSI.

Extended Watchlist:

PTSC, DSCO, IDRA, ASTI, HSOL, STXS