PSTI Archives - Page 3 of 3 - Blue Horseshoe Stocks

HNR, CETV & Extended Watchlist

Harvest Natural Resources, Inc. HNR

HNR set off our scanner this morning as this energy stock appears to be gapping up heavily in pre-market trading. Harvest announced this morning that it had entered into negotiations to sell the company’s Venezuelan assets, and spin off its remaining assets into a new company, a move that the CEO believes the proposed sale “affords the Company and its shareholders the ability to reap the benefits of our exceptional portfolio in the near term.” We’ll certainly be watching, as HNR is currently up 35% (a/o 8:30am).

In addition to this morning’s press release (below), the company will be holding a conference call tomorrow for anyone interested in learning more about the proposed transaction and its ramifications. To access the conference call, dial 800-344-6698 or 785-830-7979, five to ten minutes prior to the start time. At that time you will be asked to provide the conference number, which is 3073565. A recording of the conference call will also be available for replay at 719-457-0820, passcode 3073565 through September 17, 2013.

HOUSTON, Sept. 11, 2013 /PRNewswire via COMTEX/ — Harvest Natural Resources, Inc. (NYSE: HNR) today announced it has entered into exclusive negotiations with Pluspetrol Venezuela S.A., an entity belonging to one of the leading exploration and production companies in Latin America, to sell the outstanding shares of Harvest. >>> FULL REPORT

CEM Enterprises CETV

We first called CETV on May 10th after it popped up on our Form-4 scan. At the time it was trading at 2.67, and in the roughly four months since that time, it has yet to dip below that price.

We are placing it back on watch for further gains as it is approaching its recent high of 4.85 (reached at the end of August), which represented a gain of 82% from our bottom. We’re interested to see if the stock can now break past that previous swing high for added gains. Conditions on the chart suggest this as a possibility, as you can see, the RSI is rumbling toward the powerzone, we have a potential Golden Cross of the 50 & 200DMA currently setting up.

Extended Watchlist:
AQUM, VTUS, PSTI, DVAX

IWDM, KMAG & Extended Watchlist

ioWorldMedia, Inc. IWDM

IWDM first appeared in our newsletter on July 19th, shortly after it had hit its 52-wk low. For about a month following, the stock lingered at around .015-.0219, giving everyone ample opportunity to accumulate cheap shares. Last week, the stock had pushed as high as .06, making gains of up to 300% possible since the time of our first alert.

After hitting that six-cent high, the stock experienced a couple days of consolidation, until yesterday, when it began to move up once again.

Currently, BARCHART.com rates IWDM as a “Strong Buy”

Technically speaking the chart is looking sound. We have a golden cross of the 20DMA superseding the 100DMA, as accumulation and distribution has been on a steady increase this month. The RSI has also been hovering around the powerzone.

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KMA Global Solutions International, Inc. KMAG

Speaking of golden crosses, KMAG, an old-time favorite, is experiencing one currently, with the 50DMA surpassing the 100DMA. Accum/Dist. has been rising steadily, the RSI recently held support off of the 50DMA, and the PPO is pinching, showing a hint of covergence. The Slow STO recently crossed over, passing the 50DMA, and is heading up to the powerzone.

We started putting KMAG back on our radar at .0075 on August 3rd, and by the 13th, it hit a price of .019, for a tidy 153% gain. Key levels of resistance will come at August’s high of .019, and .0231 (previous high hit in April)

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Extended Watchlist:
AAPT, BBDA, ENTB, OTHM, PSTI, NOK, HEK

BBDA, MDHI, EGCT & Extended Watchlist

Bebida Beverage Co. BBDA

BBDA has been a crowd-favorite for some time now, and for good cause. The stock has performed very well since we’ve been following. On Thursday, we mentioned that a break of resistance at .0039 could lead us into blue sky territory. On Friday, it did just that, touching a high of.0048 before closing at .0045. That leaves the amount of gains we’ve seen out of BBDA at well over 200%

We like BBDA for the short, medium and long term, and Barchart.com agrees with us, giving the stock an 88% Overall “Buy” Rating.

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Ecologic Transportation, Inc. EGCT

EGCT is fairly new to our watchlists, and has already had quite a showing.

On Friday, the stock traded over 3.5X the 3mo. average volume. Increased volume is often an indicator of forthcoming gains, so we definitely want to monitor this one closely as we begin this new week.

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Medical Alarm Concepts Holding, Inc. MDHI

We are bringing MDHI into the mix today as a bottom play. The stock has recently come down off of a high of .0094, to find support in the .0025 range. Prior to that high, the stock traded as low as .002.

MDHI’s past shows us that it is clearly capable of impressive runs, which is precisely why we want to pay close attention while it is at a relative bottom.

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Extended Watchlist:

KMAG, NOK, OXGN, PSTI, TLON

(AAPL August 10 $615 & $ 620 calls which closed at 6.10 and 4.15 respectively)

AAPL worked well in our favor last week, breaching that $615 mark that we were shooting for; not only did it touch $618 but appears as if it wants to gap up today.