Tag: LIVE

Blue Horseshoe Stocks: GBGM & Fresh News Plays

Global Gaming Network, Inc. GBGM

After undergoing consolidation in recent sessions, GBGM has made its way down to find support at .0012, where it has begun to bounce.

This is a stock that was trading over half a penny as recently as late March, so we’ll want to stay open to the possibility that a bounceback from these low levels could produce notable gains.

The RSI is currently looking extremely oversold, while accumulation and distribution is on a steady upswing, so we believe that monitoring this play for a possible recovery could yield results in upcoming sessions.

Today, following the stock’s first green candle in six trading days, we’ll be on the lookout for GBGM to make higher lows and higher highs, which would confirm that it has begun to trend off of its bottom.

Fresh News Plays

The following stocks have news out this morning, that we felt was worthy of passing along:

Merrimack Pharmceuticals, Inc. MACK

We’ve highlighted MACK in the past, and were pleased to see that company has come out with news today outlining the positive clinical progress of its pancreatic cancer treatment trials, as well as releasing its Q1 financials, and filing an 8-K. We’ll provide links to all of these developments here:

Fuelstream, Inc. FLST

In addition to this morning’s news, FLST boasts a tight share structure (updated recently), and is currently trading near a bottom on on the chart. A turnaround from here could get really interesting, so we’ll be anxious to see how this play responds in coming sessions.

SUNRISE, FL–(Marketwired – May 1, 2014) – Fuelstream, Inc. (OTCQB: FLST) (“Fuelstream” or the “Company”), a international reseller of Aviation Jet fuel, is pleased to announce the official launch of a new website that will allow clients to access fuel pricing and other information on a real-time basis. >>> FULL PR

Extended Watchlist:
GLUU, RAD, S, JBLU, LIVE, ADXS

Blue Horseshoe Stocks: REVO, DEWM & Extended Watchlist

Revolutionary Concepts, Inc. REVO

We placed REVO on watch back on February 6th following news of a share reduction, and at the time, the stock was trading at .0022. We are very pleased to report that yesterday, just six sessions later, the stock ran to a new high of .0297. That’s a mega-spike of 1250% in just over a week, and one of a host of quadruple-digit gainers that we’ve passed along to our readers thus far in 2014.

The momentum in this stock is enticing, so we’re certainly going to be open to the possibility of carryover through to next week. At the same time, we’ve seen these scenarios take a different route enough times to remain skeptical. Most of the time, these huge gainers will undergo a consolidation period, which is when we give it our full attention, because a properly-timed bottom can lead to serious gains on the bounce.

We prepared a video of the REVO chart that you can view by clicking below:

Dewmar International, Inc. DEWM

DEWM has been extremely kind to us in the short time since we first mentioned it on Monday (low of .0036), at which time it served us up roughly 45% in cumulative intraday gains. On Tuesday, we were afforded the chance at a 66% intraday gain as the stock ran from .0051 to .0085. At that point we had seen DEWM trade up 136% from our initial alert low.

Yesterday DEWM continued to push the envelope in a big way, reaching all the way up to .021, an astounding 483% move above Monday’s low!

Despite already having other products currently for sale in Walmart stores (as we mentioned on Monday), news out yesterday shows that the company is also serious about moving into the cannabis sector:

HOUSTON, TX, Feb 13, 2014 (Marketwired via COMTEX) — Dewmar International BMC, Inc. (OTCQB: DEWM) (OTCBB: DEWM) (“Dewmar” or “Company”) today announced that it has entered into a one year distribution agreement with C+SWISS, the original and first hemp-based ice tea ever distributed in the United States. The agreement gives Dewmar the exclusive right to distribute the hemp-based ice tea nationwide to one of the world’s largest retailers. The distribution agreement, effective immediately, continues Dewmar’s recently announced initiatives to become one of the most successful licensees and creators of hemp-based products in the United States.

www.DewmarInternational.com

Extended Watchlist:
CYBK, LIVE, NEWL, LCAV, SYMX, MHR

Happy New Year from Blue Horseshoe Stocks

With tomorrow’s holiday splitting another week right down the middle, we’d like to take this opportunity to wish our audience a very safe, healthy and Happy New Year. 2013 was an extremely successful year for us, and we are really excited to make 2014 even better!

At this point all of our regular readers are aware of our ongoing interest in marijuana -related stocks. We’ve covered this relatively new and rapidly growing industry tenaciously over the past year-and-a-half, and to our great pleasure, it has provided us with countless opportunities to profit.

Cannabis Science, Inc. CBIS

CBIS is an old favorite of ours that has delivered the goods on several occasions. Most recently, following our latest report which included the stock (12/19), CBIS touched its 52-wk low at .028, and has been really heating up since that time, reaching a high of .04 yesterday, good for a rebound of 43%

The stock closed at the high-of-day on more than 5.5x its 3mo. average volume, which certainly qualifies CBIS as a potential momentum play.

Here are some of the other stocks we’ve been  continuously tracking in the cannabis industry:

Hemp, Inc. HEMP,

Medical Marijuana, Inc. MJNA

Growlife, Inc. PHOT

Also consider: FITX, GRNH, SKTO, TRTC (Click here to view a past report containing much larger list of marijuana-related stocks)

We want to have the sector as a whole on watch as these plays are heating up, and seem poised to begin the New Year on a strong note. That fact, in concert with all of the recent progress that marijuana has made on both legislative and social levels, has us thinking that 2014 could be a landmark year for marijuana related stocks.

We also prepared a video chart presentation on the subject:

Progress Watch Corp. PROW

We first alerted on PROW back on Dec. 20th, at which time the stock saw a low of .0065, and we subsequently followed it to a high of .013. (+100%) After pulling back to .008 the following day, the stock has now surged back to re-test that .013 mark, giving us chances at up to an additional 65% gain.

PROW is likely to remain on our radar and in our reports well into the New Year.

Kandi Technologies Group, Inc. KNDI

KNDI came off of yesterday’s morning report to have a solid session, so we wanted to congratulate anyone who was able to take advantage. The stock saw a daily low of 11.50, followed by the high at 12.79, marking an intraday gain of just over 11%  A pretty good move for a stock in that price range, and a nice addition to the significant gains we’ve already seen from KNDI.

Extended Watchlist:
DROP, ONVO, CYTR, IMMU, LIVE, DRYS, FREE, GNK, MDNT(Readers pick, coming off recent 52week lows, thanks to John)