AFTERNOON UPDATES
Vid3G, Inc. VIDG
We didn’t see the continuation of the uptrend on VIDG as we had hoped this morning, though its important to remember that plays coming off of their 52-week lows can take a little time to mature before they’re ready for a full recovery.
So we’ll still keep this one on our radar as the week continues, while it continues to feel out a bottom.
Med-Cannabis Pharma, Inc. MCPI
On a brighter note, our alert on MCPI yesterday came a really good time. We saw a low of .355 during Monday’s session, and today the stock continued to move, running as high as .465 this afternoon. That marked a solid 30% overnight increase on this marijuana related play.
Remember, this is one that we’ll have on watch for some time as the company prepares to open three recreational cannabis shops in Washington State. We’ll be eager for updates in that regard.