Blue Horseshoe Stocks: This Week’s Big Runners

Marijuana Company of America, Inc. MCOA

As a part of our general focus on marijuana related stocks, we’ve been hot on the trail of MCOA, first bringing it into the mix early last month (at a low of .0094) and keeping it the conversation all through this week as its gains have gone exponential.

Leading into yesterday’s report, we had already witnessed a move of more than 500% and the stock followed that up with yet another stellar performance on the day. It traded up a solid 70% from a low of .072 to a new high of .1225.

That means that a stock we signaled for observation one month ago tomorrow, went from subpenny and smashed through the dime barrier, which definitely isn’t something you see every day! Neither is a twelve-bagger of any kind, yet the overall run we’ve seen from MCOA in four weeks now amounts to 1203%


Cannabics, Inc. CNBX

CNBX is of course another pot play that we jumped on early last month when we began heavily urging our readers to take heed of the second Green Rush that we’re currently experiencing, and we’ve stuck with it consistently. Subsequent to our report on October 5th we saw it trading for as little as .06, and the epic run it has mounted since then has taken it past the elusive dollar barrier!

Yesterday it posted another nice intraday move going from .75 to 1.12 (+52%) and measuring from that six-cent low, it equates to a remarkable overall run of 1766%


Medical Marijuana, Inc. MJNA

At this point there are so many huge performers in the cannabis space that it’s beginning to become difficult to keep up with all the winners, but we need to take a minute to update our readers on MJNA, which is a play we’ve followed for years.

Like many other pot stocks, it has enjoyed a huge rush of upward movement in recent weeks. We tagged it in our report on September 23rd, saw a low of .04, and yesterday, in a session with absolutely enormous dollar volume, it hit .23. A hefty 475% move has been the result, and as we keep saying, with elections coming in just a few days and medical and recreational marijuana on several ballots, all of these cannabis stocks could still stand to make big swings to the upside.



Galenfeha, Inc. GLFH

Speaking of multi-day runners, starting on Monday morning, we’ve been steadily tracking GLFH through what has been a series of solid daily increases that have amounted to a fairly impressive 3-day run.

As we’ve stated previously, GLFH is a low-volume, low-float play that doesn’t need a whole lot in the way of buying pressure to effect appreciable upward momentum, and we’ve certainly seen that dynamic exemplified.

Yesterday, the stock traded in a range from a low of .0429 on up to a new high of .057, for a daily advance of 33% and a total increase of 119% over our observed low from Monday (.026). In the event of a dip, we’d ideally like to see it maintain support at the 200DMA of .0498. Failing that, we’ll remain interested as long as it doesn’t fall below our witnessed low.


Extended Watchlist:
AXPW, CHK, SGBY, BIOD, NVCR(Bottom-bouncer)

Blue Horseshoe Stocks: More Cannabis Updates

Zerez Holdings ZRZH

ZRZH provided us with a healthy intraday gain opportunity for the second straight session yesterday. Despite making its really big move on Monday, it still managed to trade in a range from .014 to a new high of .019; a 36% pop.

As we were just mentioning yesterday morning, the incredible run started out from a low of .0037 on Monday, so the two-day spike that we’ve witnessed comes out to 414% All that after simply noticing the stock wake up from a slumber in the prior session, so congrats to any who were able to use our alert to their advantage here.

While not directly involved in the cannabis space, we consider this one to be related in light of their smart greenhouse technology that is set to take advantage of renewed and ongoing interest in the cannabis growing business.


Galenfeha, Inc. GLFH

GLFH was another inclusion from Monday’s report that has steadily ramped its way up so far this week. Its range carried it up 35% from .026-.035 on our first day of observance, and yesterday it pushed its upper limit once again.

This time, the trading range was another modest move-up from .037-.043 (+16%) and the new high extended the total gains we’ve seen thus far to 65% in a two-session span. We’d be perfectly happy to see the stock continue its slow ascent in this fashion.


The Second Green Rush Continues

We once again took to the pages of our newsletter yesterday to urge everyone to zero in on marijuana related stocks due to the massive surge of volume and price increases that have hit the sector of late, and figure to continue through election day.

We’re counting on the passage of California’s recreational bill to pass, and of course, there are several other states where it’s a possibility as well. All in all, the cannabis space could balloon by a significant percentage of its current size and the moves we’re seeing already seem to be an advanced indicator of that.

Cannabics, Inc. CNBX – We first began calling for our readers to track CNBX on October 5th at which time we would see a low of .06. We’ve seen it go up hundreds of percentage points since then, and yesterday it piled on with another great session.

It traded in a daily range from .65-.94, for added gains of 45%, and an overall move up from our observed low totaling 1467% in just over three weeks!
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Marijuana Company of America, Inc. MCOA – MCOA is another continued mover. When placing it in yesterday’s report, it had already made a move of 490% from our witnessed low of .0094 to .0555.

Yesterday’s session added a run from .052 to .07 (+35%), which extends the gains we’ve seen on this play to 546% in less than a month’s time.
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Honorable Mention: Also among the pot plays highlighted in yesterday’s report was VAPE which posted a nice intraday gain as well. The stock traded from .01545-.022, for gains of up to 42% on the day.



Direxion Daily Gold Miners Bull 3X ETF (NUGT) – Options Idea

With the markets in general showing reticence over the impending election and the inherent uncertainties therein, we’re seeing some rocky road ahead in coming sessions for the dollar, so we want to have a plan in place for taking advantage of that, with a bullish gold call on NUGT.

To do that, we’re going to utilize the NUGT Weekly $15.50-16.50 Calls in the event that our suspicions on the state of things prove accurate.


Extended Watchlist:
DEAC, SGBY, SFOR, FRLF, MEDT, QEDN, CIIX, IFAN

Blue Horseshoe Stocks: ZRZH Recap, Big Pot Plays & More


Zerez Holdings ZRZH

After an abnormal volume alert showed ZRZH waking out of a slumber on Friday, we were prompted to include the stock on our watchlist yesterday, and the ensuing activity was quite impressive.

The stock saw a low of .0037, and steadily ramped its way up throughout the session, cracking the penny barrier and reaching .013 just prior to the close.  That was good for intraday gains of up to 251% and we ended up seeing a strong close just a tick below at .012. In conjunction with continued high volume, we’ll be certain to keep tabs on ZRZH’s movements in coming sessions.


Galenfeha, Inc. GLFH – While it didn’t put up obscene numbers, GLFH was included in yesterday’s report, and did earn itself an honorable mention with a solid push from .026-.035. That’s a respectable rise of 35% This is just the type of low-volume, low-float plays that have the ability to make sharp moves to the upside with relatively light amounts of buying pressure, so we’ll remain vigilant here.


Critical Cannabis Votes Just a Week Away

We’ve been pounding the table for the past month, encouraging everyone to pay close attention to the cannabis sector as we approach election day. With the pivotal moment now just a week away, the invigoration of the space has continued as expected.

The birth of recreational marijuana industries are a possibility in California, Nevada, Arizona, Maine and Massachusetts, and the passing of even one of those initiatives will be a game changer. The anticipation alone has boosted several of the related stocks that we’ve been tracking.

Cannabics, Inc. CNBX – One of those is CNBX, which we initially tagged on October 5th and subsequently witnessed trades going off as low as .06. Since that time the stock has been steadily building higher base levels of support, and has really kicked things into high gear over the past few sessions.

We reminded our readers of its status in Friday’s report, at which point we had already seen the stock increase over 500%, and yesterday we witnessed a second straight huge session. CNBX traded in a range from .38-.74 (+95%) and that incredible new high works out to an overall increase of 1133% above our observed low from less than a month ago.

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Marijuana Company of America, Inc. MCOA – Speaking of pot plays we highlighted at the beginning of October that have made excellent runs, our tag of MCOA dates back to the 4th. At that time the stock was trading as low as .0094,  and yesterday, we watched as it hit .0555. That equates to an overall increase of 490%

These are the types of gains that we’ve been trying to warn our readers of, and why we’ll continue to track the sector as a whole. Other players that could stand to see continued bolstering following election day and the hysteria that further legalization could bring to the marketplace are CBIS, MJNA, TRTC, HEMP, VAPE, CVSI, and NEWC, just to name a few.