Blue Horseshoe Stocks: DEWM, FITX & Much More

Dewmar International BMC, Inc. DEWM

DEWM is a stock that we want to add to our radar as we kick off another trading week. Apart from recently gaining a steam, the stock gapped up on Friday, and followed that with a classic dip-and-rip.There are a couple of interesting aspects with regard to DEWM’s business; in a recent interview, CEO Marco Moran announced Dewmar’s interest in pursuing the industrial hemp and medical marijuana market. We know from recent experience that even the suggestion of entry into this new and hot sector can produce significant gains.

Additionally, the flagsghip product of DEWM’s current business is being offered in over 20 Walmart locations, and the company has the intent to expand thart number as much as possible in 2014. That makes DEWM one story that we are definitely going to want to follow moving forward.

The current chart on DEWM looks pretty ripe as well with a possible upcoming Golden Cross in the making:


From this morning’s PR scan:

FastFunds Financial, Inc. FFFC
This is another cannabis play that we’ll be watching today on the heels of the following PR:

Frozen Food Gift Group, Inc. FROZ

FROZ has some potential merger news out this morning that you might also want to take a look at:


Creative Edge Nutrition, Inc. FITX

In addition to ramping up on Friday, and looking like it wants to gap up this morning, FITX came with an intriguing PR today that we had to pass along:

MADISON HEIGHTS, MI / ACCESSWIRE / February 10, 2014 / Creative Edge Nutrition, Inc. (FITX), is proud to announce that it has accelerated its construction and build-out plans for what will become the world’s largest and most advanced legal cannabis production facility.

Bill Chaaban stated “it is important for our company to receive its license from Health Canada as soon as possible. To fulfill this goal, we have redesigned the layout of our standing 27,000 square foot building to become a self-sustained complete operational production facility. It will have all of the state of the art technologies implemented into the design of our larger facility. This building will be completely compliant with our obligations as promised to Health Canada.

While we retrofit the existing building we will continue the build-out of our 53,000 square foot facility. We have implemented cGMP and USP 797 design and work flow models into the design and build-out of our buildings. Security fencing will begin to be installed in the next two weeks. We have decided to fence the complete 10.3 acre site to facilitate and accommodate the eventual build-out of the entire property. We will be posting pictures and videos throughout the build-out process to keep shareholders informed of our progress.”


From Friday’s Extended Watchlist

The following plays off of our Extended Watchlist made some notable, albeit modest moves during Friday’s session:

Sunesis Pharmaceuticals, Inc. SNSS

Daily Range: 4.41-5.08     Max Gain: 15%

GT Advanced Technologies, Inc. GTAT

Daily Range: 9.90-10.76  Max Gain: 9%

WPCS International, Inc. WPCS

Daily Range: 1.60-1.85  Max Gain: 16%


Extended Watchlist:
KNDI, EXMT, VAPR, ORFG, PLUG, ZNGA, DGAZ, AZC, BLDP


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

Afternoon Updates & Watchlist

Axxess Pharma, Inc. AXXE

After appearing in this morning’s alert, AXXE traded as high as .459 before dipping back to .30, and has come back to .393 as of the time of this publication. From that bottom, it represents an opportunity for an intraday 31%. When added to the many swings that we’ve observed from this bouncy stock since we began following it, the cumulative gains add up to nearly 100%  Volatile stocks like these can be good for rapid gains if properly timed, and we’ve seen evidence of that in AXXE.

Today’s PR:


FreeSeas, Inc. FREE

We’d also like to include an update on FREE, which we recently began tracking on September 10th, when we stated that we were on the lookout for the “next areas of resistance to come at .33 and .38,”.

This afternoon we’re happy to report that yesterday’s trading broke the low barrier at .33. and today the stock punched through the .38-mark to hit a high of .50.

From the low following 09/10 (.2213), today’s high equates to a 126% increase in just over a week.


Extended Watchlist:
EXMT, RAD, DRYS, ZNGA, GOGO FB