MSLP | Blue Horseshoe Stocks

ZNGA, MFTH, MSVS, F & Today’s Extended Watchlist

Zynga, Inc. ZNGA

ZNGA hit 8.67 yesterday, gaining 18% from its 52-wk low that we pointed out the day prior. It’s always nice to be able to time a bottom just right.

As we said yesterday, Friday’s upcoming Facebook IPO has a lot of folks buzzing about related stocks as well, leading us to believe that the rest of the week could continue to be very interesting for ZNGA.

Yesterday we pointed out ZNGA options as well (the $10 June Calls), which traded as low as .35, and as high as .55, for a possible 57% profit.
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Medisafe 1 Technologies Corp. MFTH

Micron Enviro Systems Inc. MSVS

These two new momentum plays popped up on our radar recently after we noticed inreasing volume and PPS. We are going to be to keeping an eye out for each to continue the patterns we have observed, hopefully bringing us some nice added gains.
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Ford Motor Co. F

We want to keep our scanners attuned to Ford stock as well as the stock has been on a steady downtrend of late. It is currently trading as low as it has since the last week in December, and we are on the sidelines patiently waiting for it to settle into an absolute bottom, which we will attempt to time as well as we did with ZNGA.

Once we see a turnaround here, we wouldn’t be surprised to see the stock go right back to around 12.00 or 13.00, which would be a tidy gain from current levels.

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Extended Watchlist:
EMWW, MSLP, ICPA,

VPER | Viper Networks, Inc. & Today’s Extended Watchlist

Viper Networks, Inc. VPER

We first caught VPER back on March 13th. The stock was trading as low as .0018, and ran to .0056, 211% the very next day.

Since that time, we saw another run, after the stock pulled back to .003, and subsequently surged to .0064; so we know VPER is capable of some nice swing action.

Yesterday, we saw the stock trickle down to a new low, and as you can see on the chart, it appears to be searching out a bottom that we will attempt to time for yet another bounce-play.

Recent News:
DETROIT, May 1, 2012 (GLOBE NEWSWIRE) — Viper Networks, Inc. (Pink Sheets:VPER), is pleased to announce the appointment of Mr. David Alpert of Prestige Business Management, Inc. of Nevada, to supervise and complete the last two fiscal years of the Company’s financials ended December 31, 2011.>>> FULL STORY

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Extended Watchlist:
ICPA, ECDC, EVDR, MSLP, RENU, CYNX,

MSLP | Muscle Pharm Corp. & Today’s Extended Watchlist

Muscle Pharm Corp MSLP

It has been a while since we first jumped on MSLP. Our maiden alert came on March 20th. Following that point, the stock was as low as .012, and we witnessed a run as high as .0375 by April 2nd. After that 213% run, the stock pulled back to find support off of the 50DMA around a penny-and-a-half. A bounce from .0147 to .0305 was yielded by MSLP from there. Following that, it established a new low at .017, from which point we arrived at a high of .0228.

There have been a few good PR’s recently, including the announcement of a stock repurchase program, as well as new news out this morning:

DENVER, May 3, 2012 /PRNewswire via COMTEX/ — MusclePharm Corporation (OTCBB: MSLP), a nutritional supplement company focusing on all categories of an active lifestyle, today said that, in light of yesterday’s FDA ban on the substance DMAA, >>>Full Story

The look of the chart is ripening as well. We can clearly see the 50DMA rising toward the 200DMA and heading for a potential golden cross, as well as the MACD converging, with the histogram bars therein looking like they may soon want to flip up topside. All in all, it seemed like the right time to mention MSLP once again.