VRNG Archives - Blue Horseshoe Stocks

Blue Horseshoe Stocks: VLTC, PZOO Updates & More

Pazoo, Inc. PZOO

A week ago today, we revisited PZOO in our morning report and were instantly rewarded for our good timing with a run from .0052 to .0071, a 37% intraday move. We let our readers know that we’d be monitoring the stock more closely moving forward, and this week it has once again begun an upswing.

After consolidating off of that initial pop, it ultimately found support at .0049 on Monday before turning northward once again and rebounding to .0068 (+39%).

It continued to set higher highs and higher lows during yesterday’s session as it traded in a range from .006-.008 (+33%), and finally cracked above its 50-day moving average, which was something we were looking to have happen.

To get an in-depth view of the current PZOO chart, click or tap on the graphic below:

Visit PZOO @ www.pazoo.com
The new site dedicated to its marijuana testing arm is located @ cannabisking.pazoo.com

Voltari Corp. VLTC

It was also last Wednesday that we alerted VLTC via our extended watchlist, and it didn’t take very long for this play to make a huge move.

VLTC touched a low of 2.18 on Thursday at the end of the short week, followed by a run to as high as 4.73 on Monday. That registered as a 117% session-over-session rip, and came on nearly seven times the 30-day average trading volume. A tip of the cap to anyone who took advantage of that rapid, hefty upswing!

Extended Watchlist:
TRBD, MCP, VRNG, INO, PSTR, DRYS

Blue Horseshoe Stocks: TASR & Extended Watchlist

TASER International, Inc. TASR

On Wednesday, we indicated our interest in TASR via our extended watchlist, after noticing an extremely topical PR hitting the wires that morning. For those of you who might not have made the connection, TASER refers to the popular brand of non-lethal electric weapons. The company does in fact make a range of other “public safety” products as well, including body-worn video cameras.

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During a time when more and more people are calling for heightened law enforcement accountability, one apparent solution that seems to be gaining traction among citizens as well as civil servants is outfitting police with body cameras to continuously record their on-duty activity. On Wednesday, TASR announced that one department has made the move to full implementation with a large order (see PR below).

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We want to continue to monitor the stock, as it hit new 52-week highs on Wednesday, and is gapping up in premarket trading today. It will be interesting to follow this play, especially if more and more agencies make the move to body cameras, as TASER is already a trusted name in the field, and could fill a lot of that demand.
SEATTLE, WA–(Marketwired – Nov 26, 2014) – TASER International (NASDAQ: TASR) today announced the purchase of 623 AXON body-worn video cameras and a five-year subscription to EVIDENCE.com by the Winston-Salem Police Department. This order was received in the fourth quarter of 2014 and is expected to ship in the fourth quarter of 2014. >> FULL PR

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Side Note – TASR Options

Given the current scenario with the chart in blue sky territory, we’ll be on the lookout for a dip-and-rip setup, and in that event we’ll be focusing on the 12/20 $21 & $22 Calls for possible intraday flip opportunities during today’s short session.

Extended Watchlist:
VRNG, REDG (News), AVIX

Blue Horseshoe Stocks: Update on AAPL & Extended Watchlist

Apple, Inc. AAPL – Options

On Friday, our morning report contained a blurb in which we stated we’d be “hot on the trail of potential gains in the Apple options chain”, and we certainly hope folks got in on some of the action that ensued. We have been following AAPL quite heavily since our report on Wed. the 14th, wherein we commented on the Apple-Beats buyout rumor.

AAPL stock tore out of the gate, bulling its way up all day to more than $614 just prior to the close. As a result, the options contracts we were following in the $605-610 range steadily ramped up in price over the course of the session.

As you can see on the graphic below, some truly notable gains were possible for anyone trading these contracts. The daily ranges on these things were quite impressive:

$605 Calls – Day’s Range: 2.15-9.76 – Max Gain: 354%

$607 Calls – Day’s Range: .83-7.13 – Max Gain: 759%

$610 Calls – Day’s Range: .25-4.70 – Max Gain: 1780%

It really wouldn’t have mattered which Calls you were into on Friday- traders literally could have thrown a dart at a board filled with contracts and come up with a winner!

AAPL continued to press upward this morning, as the stock has traded as high as the 618.90’s in pre-market activities. Now that it has broken well above the previous resistance point of $607.33, that’s the level we’d like to see hold as support in the event of any pullbacks.

Other stocks that had significant gains in the options calls from last week that we want to continue to monitor this week include: DDD, TSLA, GOGO, DDD & FEYE

Side Note:

Triton Distribution Systems, Inc. TTDZ now trading as:
Green Cures & Botanical Distribution Inc. GRCU

TTDZ, a stock that has given us many chances to profit in 2014, finally underwent the name and symbol change that we had been anticipating, becoming GRCU.

If you recall, this play was one of the largest runners we encountered during the “green rush” earlier this year. We caught it at a low of .0012 on January 30th, and subsequently rode it to a high of .049 in early April. For anyone without a calculator handy, that equates to a staggering move of 3983% in just over two months time! It’s hard not to call that one of our biggest successes of the year so far.

The company has also gone live with a new website that you can find @ http://gcbdinc.com/

We’re going to begin monitoring this, and other marijuana related plays more heavily in coming weeks. As many of you will remember, we’re anxiously awaiting the start of legal sales in Washington State, presently slated for mid-July. It could very well provide the cannabis sector with another swell of interest and buying, much like the beginning of sales in Colorado did back in January, which of course sparked one of the most monumental sector surges the penny markets have ever seen.

Extended Watchlist:
BCRX, ARO, VRNG, INO, SPEX, ADXS

INFN, FITX & Extended Watchlist

Creative Edge Nutrition, Inc. FITX

FITX gained roughly 10% on the day yesterday, and now has some untraded-upon news that hit the wires this morning.

If you recall, we outlined a tentative agreement between FITX and GroLife, Inc (PHOT) wherein PHOT’s joint venture with CANX USA, Organic Growth International, LLC (OGI) was said to have struck a series of agreements with CEN Biotech, a partially-owned subsidiary of FITX. The end-goal of these agreements is to establish the world’s largest legal cannabis production facility.

Today, a new name enters the fray, as FITX has announced its partnership with RXMB, Inc. RXNB Inc. is in the field of THC research and development, and has the technology to supply cutting-edge growing technologies for marijuana.

MADISON HEIGHTS, MI / January 31, 2014 / ACCESSWIRE / Creative Edge Nutrition, Inc. (FITX), is proud to announce that it has entered into a licensing and operating agreement with RXNB Inc. RXNB Inc. has a portfolio valuation of $110 million dollars and approximately $27.5 million dollars in annual revenue. It represents a recent merger of a multitude of independent companies in the pharmaceutical and nutraceutical space. >>>FULL PR

Links to Some Relevant Articles:

Seven Companies Capitalizing on Canadian Cannabis

Marijuana Equipment Gives GrowLife a Buzz

Infinera Corp. INFN

INFN appeared in yesterday’s Extended Watchlist, and produced a performance that provided us with a solid gain opportunity. This is a stock that had been on a steady downtrend until Wednesday when its bottom bounce caught our attention. The stock would see a daily low of 8.10 before running to 9.16, a 13% move.

As you can see on the chart below, conditions are still looking pretty favorable for INFN, with an RSI rising sharply toward the powerzone, and a MACD Cross in the making. Yesterday saw the filling of a recent gap, and we’d like to see support hold above 8.50 in order for this play to keep our interest.

Extended Watchlist:
ZNGA, VRNG, BLDP, ARAY, HPJ, CMG

DEJ, PHOT & Extended Watchlist

Dejour Energy, Inc. DEJ

We’re taking a look at DEJ this morning, an oil & gas play that is coming off of a recent bottom. Indicators on the chart seem to be ripening, so we wanted to put DEJ on everyone’s radar. As you can see, the RSI is coming off of being oversold, while the MACD is in the process of a bullish cross, with the blue bars on the histogram also flipping up to the bullish side.

Yesterday the company announced its entry into a letter of intent on a deal that will partner it with a privately-held energy company out of Singapore, and bring in a substantial amount of capital in the process:

VANCOUVER, British Columbia–(BUSINESS WIRE)-Dejour Energy Inc. (TSX:DEJ) (NYSE MKT:DEJ), an independent oil and natural gas exploration and production company operating in North America’s Piceance Basin and Peace River Arch regions, today announces that it has signed a Letter of Intent to create a strategic joint venture partnership with a private Singapore based energy company (‘SECO’) to develop the company’s Colorado oil and gas assets.

Upon completion of due diligence, legal documentation and requisite approvals expected prior to January 31, 2014, SECO will invest an initial sum of up to $27.5mm in 2014 and 2015 to earn an 85% share in Dejour’s interests in its Colorado properties >> FULL PR

Growlife, Inc. PHOT

Many of you know, we’ve been pounding the table on PHOT and the marijuana industry as a whole for well over a year now. Beginning back in August, we started to ramp up our coverage of this stock. At the time PHOT was trading as low as .0299, and has continued to push the envelope ever since, bringing us up to the present where PHOT is now officially in Blue Sky Breakout mode.

The stock has reached lofty highs culminating in yesterday’s run up to .14, which represents an astonishing 368% increase off of the low we just mentioned, in just a few months’ time.

As is the case with any runner that’s streaking into the Blue Sky, we want to be cautious of a potential reversal. In the event of pullback, we’d like to see support hold at the previous resistance level of .1045.

Important Industry Side Note: Not only have there been recent talks within the NY State legislature about plans for a bill that would legalize the drug in New York as it has been in Washington and Colorado, but Uruguay also recently became the first country in the world to effect nationwide legalization and regulation of growth, sales, and trade. The idea that marijuana prohibition is both ineffective and harmful on many levels is finally beginning to gain real headway in the mainstream.

12/16 – Newsweek Article: GrowLife Wants to Be Legal Weed’s Financier

Extended Watchlist:
FTR, KFN, BIOD, ATHX, VRNG, CREG