Medical Marijuana Round-Up: Part Two

Medical Marijuana Round-Up: Part Two

After the success of many of the stocks included with our first focus on medical marjuana plays back on October 16th, we thought we’d revisit this currently hot market sector. Our report yielded cumulative gains of 885% as we are about to outline in today’s follow-up. With the presidential elections drawing near, the hemp and medical marijuana industries have become more of a focal point than in the past, partly as a result of the question of legalization being at issue in several states. In addition, more and more investors are realizing that the road is indeed headed toward positive future growth for related industries.____

Medical Marijuana, Inc. MJNA

MJNA is one of the med. marijuana plays that has treated us unbelievably well since we first began monitoring its activity in early August. As you can see on the three month chart below, the overall trend has been a steady increase to the tune of more than 400% profit!

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Hemp, Inc. HEMP

Since October 16th, HEMP was as low as .027, and subsequently hit a high of .09. Another big winner that provided us with some sweet gains, in this case, on the order of 233%

Now that the stock is consolidating off of that epic run, we are watching closely for any potential bounce-play opportunities.

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GreenGro Technologies, Inc. GRNH

GRNH made its own run following the report on the 16th from .013 to a high of .045. Another whopping gain which equates to 246%, rounding out a trio of absolutely huge gainers afforded us by our first medical marijuana round-up report.

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Cannabis Science, Inc. CBIS

We mentioned the plays from the round-up report that had some real success, and while CBIS did not appear in that particular report, we have been watching and talking about it for quite some time. After having observed a low of .0305 in late August, we watched it proceed to bounce around nicely, making higher highs and lows on it’s way up to a key level of resistance at .0573 that it has been testing of late.

We’re really looking at this stock for any opportunities that may present themselves, as it recently broke through both its 20 and 100DMA’s. We’d like to see it hold above those levels.

The RSI is beginning to rise, pointing North toward the powerzone, while the Slow STO and PPO have both crossed, and are diverging. In addition we can see that the blue bars on the histogram have flipped up to the bullish side, so as it would seem, many indicators are suggesting that we keep CBIS on watch.

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Even More Med. Marijuana Stocks to Watch: CLMP, ERBB, MWIP

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Extended Watchlist:
STLK, AZFL, CGRA, EGCT

MJNA, HEMP, CGUD, CGRA & Extended Watchlist

Medical Marijuana, Inc. MJNA

Yesterday we saw MJNA hit a high of .143. The low since we first alerted this play was .032, marking whopping gains of well over 300% Following last Tuesday’s re-alert on the stock, it is up nearly 100%

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Hemp, Inc. HEMP

HEMP was as low as .027 on last Tuesday. This week we saw the stock touch .09 twice, 233% above last week’s low. That makes two of these medical marijuana plays from last week’s special report that have performed extremely well for us.

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Com-Guard.com, Inc. CGUD

CGUD started to heat up yesterday, hitting .004, after having been as low as .0017 on Friday, Oct. 19th. That marks a gain of 135%, and just adds to the amount of huge successes that we’ve brought forth over the past few weeks.

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CGrowth Capital, Inc. CGRA

We are adding CGRA to our long-term watchlist, while recognizing its short-term benefits as well.

We wanted to highlight the news on CGRA, both yesterday’s business update, and today’s PR which is pretty exciting:

SILVERDALE, Wash., Oct. 26, 2012 /PRNewswire/ — CGrowth Capital, Inc. (Pink Sheets: CGRA) is pleased to announce that Jason Otteson and Noble Mining, Inc. have joined the Company as a corporate advisor and investor.

The Company recently announced its transition into the mining and precious metals industry.  The addition of Noble Mining, and the insight and contacts of Noble Mining’s Jason Otteson, is a big step forward in growing the business and executing on its business plan.

Jason Otteson, who has been featured on Discovery Channel’s hit show Gold Rush for two seasons is the founder of Noble Mining, Inc.  The 3rd Season of Gold Rush airs on Friday, October, 26th at 7:00 CST.  Discovery’s Gold Rush is one of the top shows on TV. >> FULL STORY

CGrowth Capital, Inc. Releases Business Update

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Extended Watchlist:
STLK, CBIS, RFMK, FRCN

YLLC, STLK & Extended Watchlist

Yellow7, Inc. YLLC

Yesterday we brought YLLC to you as a stock that was trading near its annual low, stating that it was looking ripe for a bounce. As is often the case, our timing was fantastic, because the bounce indeed came to fruition! After subsiding from an early morning surge, the stock ran from .0075 all the way to .013, for very respectable intraday gains of up to 73%

Based on the momentum and trading activity we observed yesterday, we are going to want to keep this one on our watchlist; more opportunities could be in store.

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STL Marketing Group, Inc. STLK

First off, we wanted to forward the notice posted to Versant’s Facebook page yesterday:

“We wanted to thank everyone for their calls regarding yesterday’s earthquake in Guanacaste, Costa Rica. All Versant personnel are fine and the project site as well. We are in an area known for its lack of earthquakes and just in case, when they are built the tower specifications for our site will have the same seismic code as California.”

Those of you who may have missed our reports on STLK from earlier in the week, might want to look them over.

Over the weekend, STLK began updating its filings, in order to get current on information with respect to the merger with Versant. We’re expecting the Caveat Emptor status to be removed at any time now. Once we see the status updated, we think we should start to see more information released by the company with regard to the merger.

As far as the chart is concerned: Earlier this week, we saw the RSI run into the powerzone, twice breaching the 70-line, and both times the stock broke out. Accum/Dist. has been on a steady incline, and the stock is holding support on this 30 min. chart, above the 50DMA of .011. Below that we have support at the 100/200DMA of .008. The PPO is pinching, getting ready for a bullish cross, and the histogram is ready to flip up to the bullish side as well, while the Slow STO also crossed with its lines diverging.

STLK has been a field day for flippers, with traders being able to enter in the low .01’s, and exit in the high .01’s for quick profits of 50% or more. For example, yesterday we saw trades as low as .011, with the stock closing at .017.

This is still going to be a long-term focus for us, but as we stated earlier in the week, the immediate benefits are also prevalent with STLK. Stay tuned for more updates as they become available.

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Extended Watchlist:

MFTH, MJNA, HEMP, CBIS, PHOT, CLNP

HEMP, BBDA, BCAP & Extended Watchlist

Hemp, Inc. HEMP

After being as low as .027 on Tuesday following our medical marijuana round-up, HEMP reached, and closed at a high of .041 on Thursday, gaining 52% on the week. Whenever a stock closes at the high of day we are on the lookout for momentum to continue into the following session. Granted that today is a Friday, we are going to want to leave this play on our watchlist into next week.On the chart below, we can see that the previous high (Feb.) of .05 is going to be our next key level of resistance. A break above that point, could push HEMP into Blue Sky Breakout mode, and we surely don’t want to miss out on that.

Additionally, the RSI is in the power zone, the volume and momentum has really been picking up, and the PPO recently had a crossover. We can now see that the lines are really starting to diverge.

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Bebida Beverage Co. BBDA

BBDA has been on our watchlist for a while now (July 6th), logging some monster gains in the process. The low during our time of coverage was .0015, and running as high as .019, marking a whopping 1226% gain.

The stock has been struggling to maintain an uptrend since it peaked at its high. There have been a few small bounces, but nothing we’d call sustainable.

We have a descending wedge setup happening on the chart, and once it breaks out of that pattern, we could be in for the next round of gains from BBDA.

The RSI looks ready to come off of being oversold, while the PPO is pinching, getting ready for a cross. The histogram  appears ready to flip up to the bullish side as well.

Yesterday we saw a textbook bounce off of the 100DMA (.0061), only to run into resistance at the 20DMA (.0076). The stock closed at .0065. The next resistance points are the 20DMA of .0076 and the 50DMA at .0101.

A break here could send us clear to a penny and a half, or even re-test the previous high at .019, bringing us gains of 100-200%

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Baron Capital Enterprise, Inc. BCAP

We re-alerted BCAP last Friday. We wanted to congratulate members who caught yesterday’s bounce. BCAP held support at .0007 this week just as we had hoped, and made its run to .0012.

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Extended Watchlist:

GDSM, HRDN, AONE, PDLI, SVNT,

 

Today’s Focus: Medical Marijuana Stocks

Today, we are focusing on medical-marijuana related plays, as these high-flyers are really generating a buzzright now! Below is a listing of marijuana related stocks that we will be observing today. Upcoming ballot votes next month in Colorado, Washington, and Oregon to legalize marijuana have investors diverting their attention toward these related stocks. It is for that reason that we are poking our noses into it, making sure that we don’t miss out on any prime opportunities for gain.____

GreenGro Technologies, Inc. GRNH

Hemp, Inc. HEMP

Rapid Fire Marketing, Inc. RFMK

MediSwipe, Inc. MWIP

Medical Marijuana, Inc. MJNA

This is one that we’ve been tracking for quite awhile, so many of you will be familiar with MJNA. Yesterday the stock hit a high of .0755, after having been as low as .032 since we’ve been following. A gain of 136% was possible there.____

ADDED NOTE: We are going to be gearing up to introduce some brand new and exciting plays later this week, so be sure not to miss any of our publications.

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Extended Watchlist:

RENU, CFGX, EGCT, CGUD, BRND, NOOF, THLD, LXRX

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