Wednesday’s Midday Report | BTHR, GNIN, VRNI

Big Three Restaurants, Inc. BTHR

BTHR first appeared on our extended watchlist back on January 2nd. At that time we observed the stock make a run from a low of .0012, and culminate into a high of .0036 on the 7th, following our morning feature that day. That gained us 200%

This past Tuesday morning, BTHR appeared on our extended watchlist for the first time since January, and was as low as .0009 that same trading day. This morning, we observed shares trading hands at .0027, representing the second 200% move from BTHR in as many months.

We will continue to keep this gem on our radars moving forward.
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Green Innovations Ltd. GNIN

Yesterday, when we published a video chart on GNIN, we mentioned that we wanted to see support hold above its 50DMA, and break through the 20DMA. GNIN has performed just as we had hoped it would. With a low of 1.00 during trading yesterday, the stock saw a 49% move to 1.49 this morning.

We would now like to see the 20DMA at 1.25 to hold as support, and we feel there is a good chance of that. We can see the PPO pinching and getting ready for a cross, the RSI is through the 50-line and is making its way toward the 50DMA and the power zone. The indications on the chart seem to point toward an uptrend, so we definitely want to keep an eye peeled for GNIN.

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Virogen, Inc. VRNI

VRNI came out of the gate strong this morning, gapping up to .0008 and running to .001 following our morning alert that a bounce seemed likely. We saw some profit taking pull the stock back to .0007, where it filled part of that gap-up. In that sense, it’s good for the chart to fill in those gaps, so we like what we’ve seen from VRNI thus far today. The stock is trading record volume, with more than 110M shares trading hands as of 1:40PM.

The L2 shows solid support with over 20M shares on the bid at .0006 as illustrated in the screen shot below:

This Mornings News:

SAN GERONIMO, Calif., March 6, 2013 /PRNewswire/ — Virogen Inc. (OTC Pink: VRNI), a holding company specializing in data security and encryption technology, today announced the creation of a new technical consulting division, which will be the focal point of the company’s Q2 2013 strategic initiative.

Virogen’s wholly-owned subsidiary, Tiger Team Technologies (“T3”), established its new technical consulting division in response to client requests for the company’s high-level services on an ongoing basis. Recognizing that technical consulting services have long served as significant profit centers for many major technology companies, in some cases producing 60% or more of these companies’ operating profits, T3’s technical consulting services division will spearhead the company’s strategic entry into this market niche.  The move into this market niche will serve to enhance and support the marketing of the company’s flagship business offerings.

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Extended Watchlist:
EGCT, BCCI, MDIN, IDGC, REDG

VHGI, MDIN, SUNB, IDVC & Extended Watchlist

VHGI Holdings, Inc. VHGI

&
Northstar Global Business Services, Inc. MDIN

After featuring in yesterday morning’s report, VHGI and MDIN both continued their runs from last week on Monday. With MDIN logging a 189% gain from Thursday’s low (.0037 ) to a high of .0107,
and VHGI touching .048, marking a 380% move from Friday’s low of a penny to yesterday’s high of .048, we were extremely pleased with the performance on each of these stocks.
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Sunbelt International Corp. SUNB

Another nice gain off of yesterdays newsletter was SUNB which appeared on both Friday’s and yesterday’s extended watchlist. From the .015 low on Friday to yesterday’s high of .025, a gain of 67%

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Infrastructure Developments Corp. IDVC

Another extended watchlist mover, IDVC ran from .001 to .008 before pulling back to .0015. Out of all the stocks recently mentioned in our newsletters, IDVC strikes us with the most intrigue. The chart is primed up, with the RSI just having punched through the power zone. The PPS just broke through the 20, 50 & 100DMA’s while spending a portion of yesterday’s trading session above the 200DMA. The PPO and Slow STO have both just crossed and passed up through the 50DMA, and the blue bars on the histogram are cranking up to the bullish side. There has also been a significant increase in volume over the past few days, All in all, the ripe setup on IDVC leads us to place this stock near the top of our watchlists heading into mid-week.
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Green Innovations Ltd. GNIN

GNIN is another stock that will be on our watchlist today, after we featured it in a short video chart published last night. We’d recommend everyone head over and get subscribed to our youtube channel (http://youtube.com/bluehorseshoestocks) so you can stay up to date on all of our video publications.

Some of the things we are looking for out of GNIN moving forward- We’d like to see the .89 level (50DMA) hold as support, and have the stock climb back above the 20DMA at 1.22.

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Extended Watchlist:
ANTH, ACUR, ACRX, ABIO, BBDA, ENTB, BTHR

REDG, VHGI, MDIN & Extended Watchlist

Red Giant Entertainment Inc. REDG

REDG appeared on our social networking feeds on Wednesday, and the stock was trading between .08-.11 on abnormal volume with large blocks of shares going off in between the bid and the ask.

It is a good idea to keep an eye on our social networking feeds, as in the case of REDG, when we may not have the time to send out an entire email, our social feeds are the quickest method of following our activity.

REDG then appeared in our daily report for Thursday. The large volume continued, and it seemed the market makers were shaking the tree to root out the weak hands, as the stock dipped as low as .075 in the first few minutes of trading. The high-volume momentum on the stock really intrigued us, and had to keep REDG on our radar into this week as well. In the last hour of trading on Friday, we observed REDG pushing to new highs, hitting .16 before closing out at .155, representing possible gains of nearly 115% from Thursday’s .075 low.

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VHGI Holdings, Inc. VHGI

We’re no strangers to VHGI, having seen a huge run from the stock last year, to the tune a .20-.40 run. We’ve been noticing it start to move up off of its bottom, and re-alerted the stock in Friday’s Extended Watchlist, just in the nick of time to catch the explosion. Opening at .0134 and subsequently dipping as low as a penny, the stock hit a high of .029, and closed at .024 for gains ranging in the 140-190% area.

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Northstar Global Business Services, Inc. MDIN

We mentioned MDIN on Thursday’s Extended Watchlist, and the stock was as low as .0037. On Friday, we saw a range from .0051-.0074 (closed @ .0072), and we are eager to see how that momentum will spill over into this week.

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Extended Watchlist:
IDVC, TADF, PGOL, SUNB, ETRN (Possible Bottom Bounce)

MINE, VOIS, REDG & Extended Watchlist

The following pair of stocks came off of our extended watchlist yesterday morning to provide us with the chance at some quick intraday gains.

Minerco Resources, Inc. MINE

MINE made a quick 33% move Wednesday morning, touching a low of .003 before upticking to .004. The stock closed back at .0029, so we are going to be observing MINE for similar intraday bounces today. Having traded roughly 5X the average volume, this is a stock that is getting a lot of trader attention.

The company had news out yesterday as well.

NASHUA, N.H., Feb. 27, 2013 /PRNewswire via COMTEX/ — Minerco Resources, Inc. (OTCQB: MINE), a progressive developer, producer and provider of worldwide commodities solutions, announced today that the company’s subsidiary, Level 5 Beverage Company, Inc., has entered into a Premium Product Development Agreement with Power Brands.Level 5’s Premium Product Development with Power Brands includes the 1) formulation and development of four (4) beverage products (four varieties); 2) the Creative Brief; 3) Executive Consultation; 4) label design; 5) lay-flat artwork; 6) packaging and material sourcing; 7) contract manufacturers; and 8.) the product business plan.
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VOIS, Inc.

Another stock coming off of yesterday’s extended watchlist, VOIS opened at .0077, and saw a low of .0066 before running to .0123, gaining 60% in the first 30 minutes of trading. It ended up dipping back to .0075, and made another 32% pop, touching .0099 before settling in to close at .0095. VOIS is currently even more hotly-traded than the previously mentioned stock, with 21M shares changing hands yesterday, more than 10X the normal amount.

The activity comes on the heels of an LOI PR released yesterday morning by VOIS.

SAN DIEGO, Feb. 27, 2013 /PRNewswire via COMTEX/ — VOIS, INC. (OTCQB: VOIS) announces that it has entered into a Letter of Intent with Mind Technologies, Inc. (MTEK) to purchase 100% of the assets of MTEK. The Company has agreed to the acquisition in order to secure ownership of all BCI/ thought-controlled technology developed and being developed by the Company.In exchange for the assets of MTEK, the Company will issue to MTEK shares of its common stock. The number of shares issued to MTEK will be based on an independent valuation to determine the fair market value of the assets purchased. The Company expects to close the transaction no later than March 15, 2013, which is subject to the execution of a definitive purchase agreement by the parties.

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Red Giant Entertainment Inc. REDG

REDG is going to be a potential bounceplay for today. The stock gapped down from .20 to .18 yesterday, and took a beating for most of the day to a low of .065. At around 2PM, a significant amount of volume began flowing into the stock, and facilitated a bounce back to .11 before closing at .10.

In all the stock traded over 4.6M shares yesterday, with roughly 1.4M of that coming in at the close, and with that kind of momentum, we are very interested to observe the activity on REDG today.

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Extended Watchlist:
MDIN, MNOV, GNIN, SPEX, PLUG, DSS,

BMSN, AMBS, AAPL & Extended Watchlist

BMSN has been like a rocket lately, blasting off since we first alerted the stock back on December 26th.We have seen five consecutive days of gains, with Monday’s action breaking a previous resistance point of .0021 and reaching a high of ,0024, before closing at .0016.Considering the momentum we witnessed over the past five sessions, we are expecting to see a pullback at some point. In such an event, we’d like to see the support hold off of the 50DMA of .001.

Our next key level of resistance is going to be at .0024. If it can get past that, the next level is .003, and .004 (200DMA).

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Amarantus Bioscience, Inc. AMBS

We first began talking about AMBS on November 6th. Another one on a serious uptrend; in the past 14 days of trading, the stock has seen just two days of closing in the red.

AMBS will be co-hosting an international symposium , the #C4CT Concussion Awareness Conference, “with the purpose of bringing thought leaders in the field of Traumatic Brain Injury (“TBI”) drug and diagnostic research & development, professional athletes, former professional athletes and celebrity sports figureheads that share the Company’s, TCMG’s and Brewer’s desire to support research into new TBI treatments, sports leagues who have social and fiduciary responsibilities to improve player safety and caring for former players previously affected by TBI and cognitive disorders, as well as other key stakeholders in the ongoing social discussion regarding head injuries and their side effects.”

BARCHART.COM currently has AMBS rated a “100% Buy”

We had stated before that we were looking for a break past .13, and that it would bring us into bluesky breakout mode, and now that it has done so, we’re going to hold onto our hats, because there’s no telling where it could stop. We’d like to see .13 hold as the new base level of support.

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Apple, Inc. AAPL

AAPL was as low as 510.24 on Dec. 21st, and dipping as low as 504.66 on December 27th. With all of the hype coming from “fiscal cliff” negotiations, Monday’s big rally (closed at 532.1729) has the stock trading close to 550.00 premarket today.

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Extended Watchlist:

 MSSD, BTHR, FORC, PPHM, MDIN, CTIX, SNTL, DNYS, KWK, NOK

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