Month: November 2012

Medical Marijuana Round-Up: Part Three

Medical Marijuana Round-Up: Part Three

Election Day has come and gone, and as we suspected, medical marijuana passed in certain states. While still against federal law, this was big step for the medical marijuana movement, and related stocks that we have reported on in the recent past. We were one of the first to the party in discussing the potential of these stocks as desicion 2012 drew near, and now of course, we see several other groups jumping on the bandwagon. Simply check out the dates on our previous reportsto see that this is, in fact, the case.The following is a list of medical marijuana plays that we’ve continuously monitored, and will continue to do so as we see how the successful push for legalization in some states affects their futures.

These are all stocks that have brought us sizable gains already, but with this new development, things could get really exciting as a result. We wouldn’t be surprised to see another wave of new interest in these and other related stocks.

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Medical Marijuana, Inc. MJNA

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Hemp, Inc. HEMP

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GreenGro Technologies, Inc. GRNH

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Cannabis Science, Inc. CBIS

____Here are several more related plays that we’ve dug up to give you as much of a variety as possible.

 ERBB, FSPM, GTLA,MDBX, MWIP, PARS, PHOT, RFMK, RIGH, SFIO, SRER, TRTC

____Extended Watchlist:
STLK, CGRA, ACGX, VLNX, CGUD

STLK & CGRA | Afternoon Updates

STL Marketing Group, Inc. STLK

This far today, STLK has touched a high of .017 on relatively light volume, which confirms that the tight share structure remains unchanged (for the past three years now).That high marks a 100% move on the day!

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CGrowth Capital, Inc. CGRA

Since we’ve been tracking CGRA, it has steadily risen from .08 to today’s new high of .17 (+113%). It has inched up on light volume, a good sign, and based upon the Level 2 (snapshot below), there appears to be little in the way up to the low .30’s.

 

STL Marketing Group, Inc. | STLK | This Morning’s Focus

STL Marketing Group, Inc. STLK

Yesterday we stated that “we expect to see the stock upgraded to ‘current’ status on OTCMarkets.com any day now.” As it turns out, we won’t have to wait after all, as that day is today. Below, find this morning’s PR announcing current status. We also played with the notion that a status upgrade could precede another run for the stock.

COLORADO SPRINGS, CO, Nov 06, 2012 (MARKETWIRE via COMTEX) — STL Marketing Group, Inc. (PINKSHEETS: STLK) has initiated the process of filing the initial disclosures and supplementary information to the OTC Markets and received a Current Status Opinion Letter from its counsel. As a result, the OTC has cleared the “Caveat Emptor” on the Company’s stock and the Company is now classified as Current Status on the OTC Markets.

In the past when stocks we’ve followed have gone current, it has resulted in heightened press activity for the company, so we wouldn’t be surprised to see a good bit of new information coming from STLK in the near future.

After we first alerted STLK on Monday, October 22nd, the stock saw a low of .006, and a high of .0235 that same day. The following day, the high was edged up to .0249. Maximum gains attainable at the peak on the 23rd stood at 315%

During yesterday’s session the stock saw a low of .0063, and a subsequent high of .0085 for a comparitively modest, yet still significant 35% intraday move. What this tells us, after now seeing two nice moves from STLK in just a short period, is that we are dealing with a fairly bouncy stock that could easily continue to bring us more chances for profit. Given the nature of the first run we observed, there is a high ceiling on where it could go, and yesterday’s bounce from our original alert price could signify just the beginning of the next run up.

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Extended Watchlist:
AMBS, CGRA, BBDA,