KNDI, PHOT, BHRT, TTDZ, RAGL & Extended Watchlist

Kandi Technologies, Inc. KNDI

KNDI is up significantly in premarket trading this morning as a result of an earnings release that boasts some vastly increased quarterly and yearly figures for the rising Chinese tech firm. This puts KNDI near the top of our watchlist as we open up a new trading week:

JINHUA, China, March 17, 2014 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the ‘Company’ or ‘Kandi’) (KNDI), today announced its financial results for the fourth quarter and full year ending December 31, 2013.

Fourth Quarter 2013 Highlights

  • Revenues rose 92.0% to $50.6 million from $26.3 million in the fourth quarter of 2012. EV sales increased significantly to $40.0 million, a 193.7% jump from the same period last year. During the quarter, the Company sold 3,568 units of pure electronic vehicles
  • Gross profit increased 152.0% to $11.4 million from $4.5 million in the same period last year
  • GAAP net loss was ($14.7 million) compared to a net income of $2.2 million in the same period of last year, mainly due to increases of non-cash charges, such as change of fair value of financial derivatives, higher income tax, general and administrative expenses, and interest expenses
  • Non-GAAP net income* was $4.6 million, up nearly 259% year-over-year from $1.3 million.>> FULL PR


Growlife, Inc. PHOT

We’re turning our attention to PHOT this morning. This cannabis play that we’ve been tracking since well before January’s “Green Rush” has some news out today that we wanted to share with our readers.

It eludes to a joint venture with another player in the legal marijuana space, Vape Holdings, Inc. (VAPE). As we’ve learned over recent months, it’s prudent to pay close attention when one of these cannabis stocks comes with fresh news. We’ve seen many instances where such PR’s catalyze significant gain opportunities.

WOODLAND HILLS, Calif., March 17, 2014 /PRNewswire/ — GrowLife, Inc. (PHOT), a diversified company operating in the legal cannabis industry which develops, markets and deploys products and services of legal cannabis, is pleased to announce a Joint Venture (JV) with Vape Holdings, Inc. (VAPE) to fund the research and development of patentable technology to create pharmaceutical grade extractions from cannabis.

Each Company will bring its specific expertise to the Joint Venture; GrowLife providing Equipment Manufacturing while Vape Holdings provides guidance for the process technology and concentrate formulas. >> FULL PR


Bioheart, Inc. BHRT

BHRT is a stock we wanted to radar this morning, coming off of a press release of its own.

Following a Golden Cross, it recently had a nice run from the .015 area up to to .08 range. It subsequently consolidated and found support at .03, and bounced back up over .04.

We’ll be watching for BHRT to continue to make higher highs and higher lows, on the chance that it could retest previous swing highs at .05, .06, and .08.

SUNRISE, FL–(Marketwired – Mar 17, 2014) – Bioheart, Inc. (OTCQB: BHRT), a biotechnology company focused on the discovery, development and, subject to regulatory approval, commercialization of autologous cell therapies for the treatment of degenerative diseases, announced today that it has entered into a joint venture with Magnum Cell Therapies (http://www.magnumterapiacelular.com/).

Magnum Cell Therapies’ mission is to provide the latest regenerative medicine therapies to patients suffering from degenerative diseases. Magnum’s facilities include a state of the art clinic and laboratory located in Honduras. >> FULL PR

 


Triton Distribution Systems, Inc. TTDZ

We’d also like to talk about the performance of TTDZ following our most recent tag of the stock on Thursday. After seeing a low of .008 that morning, the stock would finish the remainder of the week on a note of strength, running up to a high of .011 just prior to Friday’s closing bell.

That was equal to a solid two-day increase of up to 38%


RA Global Services, Inc. RAGL

RAGL is a momentum play that we want to add to our radar today. The stock traded up Friday on high volume, and boasts an extremely low float. It will be interesting to see if breakout conditions can spill over into this week.

Low-float plays such as this are subject to volatile swings, which can be used to a sharp trader’s advantage.



Extended Watchlist:
MNGA, CDTI, KIPS, GALE, WYY

Blue Horseshoe Stocks: OSLH Update

OSL Holdings Corp. OSLH

After taking advantage of a few nice gain opportunities with OSLH this week, we essentially handed it to our readers on a silver platter once again yesterday morning.

The stock continued its impressive run by starting out from an early morning low of .1944, and surging as high as .28 inside of the first hour of trading. That marked a solid 44% intraday spike, and OSLH achieved that feat on more than 10x its 3-month average volume.

The performance was enough to land us the top spot on Thursday’s Penny Stock Rumble:

While congratulations are in order for anyone that was able to take advantage of yesterday’s positive trading activity, we must also remind folks that it wasn’t the first chance for profits that we handed our readers vis-a-vis OSLH this week.

Our first alert came on Monday and we followed the stock from .089 to .19 for possible gains of up to 113%

Then again on Wednesday, we witnessed an added 85% move as the stock traded in a daily range of .135-.25.

In total, that brings our max gains on OSLH for the week to a cumulative figure of 242% We’ve also seen the stock register higher lows and higher highs for most of the week as well, so we’re going to keep an eye peeled to this one for opportunities borne out of possible continued momentum.

Up in pre-market trading this morning, we may also want to be on the lookout for a possible dip-and-rip scenario. Any pullbacks must be followed closely in that event, as the resultant bounce could be yet another chance to get ahead with this play.

This will wrap up another blockbuster week of high-octane stock market action; be sure to rejoin us on Monday, when we’ll do it all over again! Happy trading, and good luck out there!

OSLH, TTDZ, PSID, PLUG & Extended Watchlist

OSL Holdings Corp. OSLH

After putting OSLH on watch Monday morning, we saw the stock run hard, jumping 113% from .089 to .19.

Yesterday brought another chance for traders to score sizable intraday gains. The stock traded in a range from .135-.25, which represents a move of 85%

Currently there’s support sitting at .115 and .135, with resistance at .199 and .25. If it can break past .20 again, we think there’s a good chance of seeing OSLH retest the .25-level.


Positive ID Corp. PSID

We brought PSID back to our reports on February 18th on the heels of a major consolidation, and ended up being very pleased with the timing. We saw a low of .0572, and then, just seven sessions later, a subsequent price of .125. That was good for a 119% rip.

The stock then underwent a general consolidation while fortunately holding above the 200DMA, and after touching a low of .08 yesterday, we were able to witness another run, this time to .1095, tacking on an additional 37% to the total gains we’ve seen off of this stock in just a few weeks.


Triton Distribution, Inc. TTDZ

To refresh your memory on TTDZ, we caught this play at .0012 on January 30th, and would actually see it increase 1000% to .0132 over a period of just over three weeks!

After the consolidation that followed, TTDZ came down to bounce off of support at .0061 at the beginning of this week, and has made a nice turnaround, reaching back up to .0094 shortly before the closing bell yesterday.


Plug Power, Inc. PLUG

After pulling back off of its most recent run-up, PLUG reversed its position and began to climb once again on Wednesday.

We’re on the lookout for the effects of an earnings release out today which reflects “strong fourth quarter product sales and maintenance orders were received from significant customers such as Walmart, Kroger, BMW and Mercedes-Benz.”

We also wanted to let folks know that they can tune into PLUG’s conference call today at 10:00am Eastern to review fourth quarter results. You can listen in by calling 877.407.8291.

The webcast can also be accessed at www.plugpower.com, selecting the conference call link on the home page, or directly at http://www.media-server.com/m/p/ge6327sd.


Extended Watchlist:
APPY, BLDP, OXGN, CBMX, HSOL, RSH