Blue Horseshoe Stocks- Share Reduction Play & More

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———————————————————— ** ———————————————————— ———————————————————— Profitable Developments, Inc. PRDL It`s been awhile since we`ve run across a stock trading at a dead bottom (.0001), and even longer since we`ve discussed one in our reports, but in light of the PR we caught this morning on PRDL, we`re going to make an exception.

We might call a stock like this a “lottery ticket”; a low probability, extreme high reward play. Super-subpennies by nature are highly speculative, but have the tantalizing quality of having nowhere to go but up. Especially in the instance of a stock like PRDL which announced a massive share reduction this morning.

With a stock trading in a higher price range, a 30% reduction should roughly equate to a similar gain on the chart. With a stock like PRDL, where each tick up on the chart equals a 100% gain, there`s really no telling where the road will lead. We just know we`re very interested to observe the result.

Starting with a block of two billion shares, the company is claiming to have planned for the retirement of a total of 30% of its common stock, click through to the PR below:

NEW YORK, NY , United States / ACCESSWIRE / Aug 6, 2014 / Profitable Developments, Inc. (OTC PINK: PRDL), today announced that it plans to retire a total of four billion shares of common stock. >>> FULL PR ( ———————————————————— Med-Cannabis Pharma, Inc. MCPI Following Monday`s initial alert on MCPI ( , we observed a low of .0355, and sent out an update yesterday afternoon to highlight the 30% move the stock had made up to that point (.465). However, MCPI ended up pushing into the close at a new high of .485 and increasing our total possible two-session gain to as high as 37% It remains on our radar today after such a strong close. Any time a stock closes at a new high of day, there`s always a chance for some momentum spill-over into the following session.

———————————————————— Petroleo Brasiliero S.A. (Petrobras) PBR – Options Update We`ve been hot on the trail of the PBR $16 Weekly Calls this week, tracking them from a low of .20 following Monday`s report ( , to yesterday`s high of .64 (+220%). After that spike, we saw a pullback, and the contracts ended up closing out the day at .30.

From here, we`ll be looking for the possibility of a dip-and-rip scenario, so it`ll be important to keep our eyes peeled for quick-strike opportunities.

———————————————————— Extended Watchlist:

EGLE, ENPH, NRZ, DRYS, KNDI ============================================================

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