Tag: ONVO

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)

ARIA, CAMT, MACK, ECPN & Extended Watchlist

ARIAD Pharmaceuticals, Inc.  ARIA

Lately, our scans have  certainly been yielding some profitable plays, and after appearing both in Friday’s extended watchlist and yesterday morning’s report, ARIA claimed its place as the next big winner to add to that list. As we approach Thursday’s holiday hiatus, we are expecting market activity to taper as people begin to travel to their holiday destinations and generally prepare for upcoming festivities. We may decide to suspend Wednesday’s newsletter, barring some unforeseen development that may need relaying.

But for now, let’s talk about the big day ARIA had for us yesterday. After opening at 4.06, the stock came back to a low of 3.92  before running up to close at 5.13. The Northerly movement continued post-market, and the stock is gapping up this morning, so we don’t want to let ARIA slip from our radars now. Remember, this stock was trading as high as the 17.00-range as recently as last month, so it still may have some ground to recover.

So far, from Friday’s low of 3.30, the bounce on ARIA has afforded us the opportunity to make up to 55% profit (at yesterday’s closing price) and we suspect that figure could continue to grow today.

Camtek Ltd.  CAMT

CAMT came off of yesterday’s extended watchlist after it had been gapping up in premarket trading, and continued to roll throughout the day. We witnessed a move from 4.11 to a high of 5.29 on 58x the 3mo. average volume, qualifying this as a serious momentum play.

It appears CAMT will gap up once again (currently trading above 6.00) so we have our eyes peeled for continued upward activity today.

Merrimack Pharmaceuticals, Inc. MACK

On November 8th, MACK appeared in our daily report, at which time we mentioned a “big gap on the chart between the 3.00-3.40 level” that would bring us excessive gains if filled. We went on to mention the key point to watch for was a break of the 3.00 mark, and we did in fact witness that event this past Friday.

The move we were watching for did come to fruition, and the party may not be over yet; the stock is currently trading in the 3.50-range, so we will be very interested to see what happens today. We’d like to see MACK hold support at the 50DMA of 3.26 in order for it to have a good chance to pile on some added gains.

El Capitan Precious Metals, Inc. ECPN

ECPN hit our scanners today as a stock coming off of a recent consolidation that followed a big run on the chart. In early October it ran off of its 52-wk low (.055) and would subsequently hit .41 (Nov 13th) before pulling back to find support at .1142 last Thursday. Since that time it has been logging higher lows and higher highs, so we’d like to see a continuation of that trend which could make ECPN fall under the category of a solid recovery play.

We prepped a video chart on ECPN, click below and take a look:

Extended Watchlist:
ECTE, IMUC, ONVO, MBIS, OTIV, ICLD, BLRX

ARIA, PVG, ATRM, TEMN, INVA & Extended Watchlist

ARIAD Pharmaceuticals, Inc.  ARIA

ARIA is the first of three solid winners to come off of our Extended Watchlist from Friday morning. The stock began by touching a daily low of 3.30, followed by a run into the 4.04 high, marking the opportunity for intraday gains of up to 33%

Just a word of caution, the company has a pending lawsuit in which it is being sued by a multiple plaintiffs in a securities fraud case that will commence next month. On October 9, 2013, the Company announced that the U.S. Food and Drug Administration placed a partial clinical hold on all new patient enrollment in clinical trials of Iclusig, following reports of non-serious and serious adverse events in Iclusig-treated patients. Following this news, the price of ARIAD shares dropped nearly 66%, or $11.31 per share, from the previous day’s closing price of $17.14 per share, to a closing price of $5.83 per share on October 9, 2013, on extremely heavy volume.

As a result, investors who purchased ARIA stock between Dec.’11 and Oct.’13 are eligible to take part in the class-action suit.

Pretium Resources, Inc.  PVG

PVG was another substantial gainer for us on Friday, bringing us gains to the tune of 48% as the stock tore out of the gate, pausing only briefly near its low of 3.93 before skyrocketing as high as 5.80 early in the session. For the remainder of the day, PVG held much of those daily gains, and managed a strong close at 5.32.

That kind of momentum makes PVG a good candidate for a possible continuation of momentum, so we want to make sure we’re paying close attention as we begin this short trading-week.

Aetrium, Inc. ATRM

ATRM is another one that came out of the gate with guns blazing on Friday. After opening at 8.46, the stock spiked sharply to a morning high of 10.45, nice 24% move.

Later in the session, we observed a bounce from 5.60 back up to 6.68, which added an opportunity for an additional 19% gain, bringing the total cumulative gains for ATRM to a very respectable 43%

When added to the gains we saw from our other selections, our total possible gains for Friday’s session topped out at 124% All in a day’s work!


Team Nations Corp. TEMN
&
Inova Technologies, Inc. INVA

We observed these two sub-penny plays hitting our scanner on Friday, trading substantial volume. We want to be on the lookout for any possible continuation of momentum heading into this week.

In the case of INVA, the stock was trading at more than a penny as recently as October, and is now coming off of a bottom, so it will interesting to see how much of its lost ground it can gain back. A return to October levels would mean gains up to and exceeding 100% from its current price.

TEMN Video Chart:

Extended Watchlist:
INO, OREX, CAMT, SIRI, DVAX, ONVO, GLUU