STKO, PNCH & Extended Watchlist

SK3 Group, Inc. SKTO

SKTO dropped news regarding the acquisition of a cannabis-related company, sending the stock on a ride yesterday of over 480%

According to the release, SKTO added a significant amount to its bottom line, as the acquisition target is a company with  more than 12M dollars in licensing agreements.

With this new development, SKTO has effectively placed itself in the list of marijuana stocks that we’ve been monitoring for several months. We have been essentially scanning the entire sector continuously during that time, which has yielded us some sizable profits so far.

In case you might have missed a few here and there, this is a rundown of every single cannabis stock we’ve looked at recently:  PHOT, MJNA, CBIS, RFMK, ERBB, GRNH, MDBX, MWIP, TRTC, EXMT, EDXC. In addition to STKO, here are some other new stocks in the field that have caught our attention: FSPM, NRBT, GTLA, GWPRF, HESG, PARS, SRER, SFIO, NVLX.

MIAMI, FL, Mar 11, 2013 (MARKETWIRE via COMTEX) — SK3 Group, Inc. (OTC Pink: SKTO) today announces that it has acquired Medical Greens (TM) and has changed its business model to focus purely in the medical marijuana space. Medical Greens (TM) currently provides licensing, management, and logistic services for Medical Marijuana collectives throughout California. In 2013 alone, Medical Greens (TM) has already contracted over $12.5 Million in licensing and service agreements.

___

IC Punch Media, Inc. PNCH

PNCH (formerly ICPA) has been a focus of ours a few times on the years past, and has brought us huge percentage gains. The first run we ever observed from this play took it from triple-zero country all the way up over a nickel, so we are well aware of its track record for explosive gains.

Yesterday PNCH once again triggered our scanners as it broke a key resistance point at .005, an area on the chart that it has been struggling to surpass since November.  Up until that time, .005 had acted as support, and we’ve been waiting for a move back above it, and now that it has, we’d like to see that once again become the support level for the stock.

___

Extended Watchlist:
FRTD, MDIN, CLNO, PPHM, GNIN, CLSN, ECTE, GLUU

MCET, MJNA, MWIP & Extended Watchlist

MultiCell Technologies, Inc. MCET

MCET put in another solid performance yesterday, maintaining its uptrend. We’ve taken a lot of interest in the biotech sector lately, and have been duly rewarded.

The volume that has been flowing through MCET for the past week and a half has been astronomical, with yesterday being the second-highest volume day. It opened at .0058, before dipping to .0046, and then ran to .006, gaining 30%  We then saw a dip to .0049 before the stock ran to .0067 tallying an added gain of 37%

From Friday’s low of .0035 we’re looking at gains of almost 100% in total, and with the amount of momentum in this stock currently, we are leaving MCET on our watchlist for the foreseeable future.


___

Cannabis Stocks
MJNA and MWIP each closed out Monday’s session with gains of around 20% We have yet to stop paying attention to the marijuana sector, as it seems that we are pulling winners from that group on a very regular basis of late.

For those of you just joining our ranks, as listed in the most recent roundup report on marijuana stocks, we are looking at several different symbols, including: MJNA, MWIP, HEMP, CBIS, GRNH, XCHC, ERBB, PHOT, LATF, TRTC, and more recently, EDXC.

___

Extended Watchlist:
VOIS, SIRG, CICI, CBAI, PEIX, BIOF, NEWL, PAL

CNCT, MCET, & Extended Watchlist

Options Trading
We just wanted to give ourselves a pat on the back for Friday’s mention of the SPY 151.00 Calls. After observing a pre-market gap-up, we saw a consolidation in the first few hours of trading, which provided an entry opportunity in the .20-range. In the afternoon, the markets surged, bringing in heavy buy-side volume during power hour, sending the SPY to new daily highs into the close. The 151.00 Calls then closed at their high of day at .82. Possible gains of 300-400% were ripe for the taking, so we couldn’t resist pointing out another job well done on our part.

We will continue to monitor the SPY this week. With the momentum experienced into Fridays close, we’re looking for another possible gap-up this morning followed by a pullback and possible bounce.

___

China Teletech Holding, Inc. CNCT

Speaking of good calls, CNCT was caught on our pre-market volume scanner on Wednesday, and included in our extended watchlist as a result. It opened at a penny, only to rocket as high as the .47-range, before pulling way back to close at .081. On Thursday it went from .097-.194. Then again on Friday it ran it went from .17-.29, closing at .284.

This stock turned out to be one of the top performers on the OTC Markets last week, and a shining example of why we always stress the importance of monitoring all of our interests, even those that just appear in the extended watchlist. The EW, as we call it around the office, has yielded so many big gainers in the past, we can’t even begin to count them all.

___

MultiCell Technologies, Inc. MCET

MCET is another Extended Watchlist star that we caught for the first time publicly on Friday, though we have silently had it on our radar for weeks. We were waiting for just the right time to mention it, and Friday’s timing could not have been any better. The stock opened at .0035, dipped to a low of .0034, and closed out the session at its high of day (.0056), a gain of 70% on the day.

___

Marijuana Stocks also continue to remain at the tops of of our watchlists. Particularly: MWIP, MJNA, HEMP, GRNH, PHOT, ERBB___

Extended Watchlist:
SNDY, ZNGA, JAG, NOK, PMCM (Big Promotion)

HEMP, MJNA, GRNH & Extended Watchlist

It seems every time we mention our medical marijuana plays, they go on to fare extremely well. HEMP and MJNA landed us us on the Penny Stock Rumble yesterday after each stock had a heck of a day. In fact several of our cannabis stocks continued to run on Monday. It would seem they are all up significantly, so we’d surely urge caution for those just showing up to the party. Perhaps waiting on consolidation and some potentially lower buy-in prices would be most prudent in this instance. That said, take a look at what Monday’s coverage brought to us:

Hemp, Inc. HEMP

HEMP closed at its high of day offering an intraday move of 72% from .047-.081. That represents a gain of 265% from last months low of .0222.

___

Medical Marijuana, Inc. MJNA

MJNA gave people a chance at 53% intraday gains on Monday, if you were able to get in at the open of .34 and out at the high of day of .50. The stock has provided us with the chance at 604% in total gains since we have first began covering it.

___

GreenGro Technologies, Inc. GRNH

Yesterday, GRNH day’s range was between .0629 and .122 closing out the day at .12, offering up a 94% move intraday.

___

 PHOT, MWIP and ERBB also deserved an honorable mention following Monday’s session, each giving us a chance for profits between 15-30% Here is a link to an article that states pretty much what we’ve been shouting from the rooftops for the past several months: Marijuana stocks are here to stay, and have begun to increase in popularity at a rate never before observed… and it’s only going to get better.

___

Scout Exploration, Inc. SCXN

Moving along from cannabis stocks, we’d like to once again mention SCXN. We first mentioned this play back on December 17th, and it has been inching its way up. We wanted to re-enter the stock into our morning discussions on the heels of this morning’s PR. It would seem the company completed its acquisition of the IDS Oil Spill System that we’ve mentioned in previous reports from it’s developers.

ST. JOHN’S, NEWFOUNDLAND, Feb 05, 2013 (MARKETWIRE via COMTEX) — Scout Exploration Inc. (OTCBB: SCXN) has acquired the rights to an airborne, oil spill response system currently under development at IDS Offshore Inc., of St. John’s, Newfoundland.

Faster and more effective oil spill response represents a challenge and opportunity for the oil exploration, production and transportation industries.

___

On the chart, we can see accumulation has begun to pick back up, and the RSI looks ready to pass up through the 50DMA. The PPO is crossing over, and the Slow STO crossed over its own 50MA into the power zone. Our previous high of .39, you can see, is acting as our major resistance hurdle, the breaching of which would send us into blue sky breakout mode.

__

Extended Watchlist:
KWBT, COIN, ACLP, TELK, OPXA, DCTH, BCOM

HEMP, MJNA, CBIS, XCHC & Extended Watchlist

We’re continuing our medical marijuana coverage this morning, after the cannabis related stocks we mentioned on Friday each turned in a fine performance. We had a sizable influx of new subscribers over the weekend, so we’d like to take this opportunity to welcome all of our new friends and thank you for your support. You made a great choice when you signed up, and we will do our best to ensure that you are able to reap the rewards.
___

Each of the following stocks appeared on Friday’s report, and subsequently had a good session on Friday, but our coverage of these plays began way back in the fall, and in that time, have been very impressed with the results. Just look at the gains we’ve made from these cannabis stocks:

Medical Marijuana, Inc. MJNA

MJNA has traded in a range from .071 to .35 since we began following the stock, giving us the chance to rake in over 390% in profits.
___

Hemp, Inc. HEMP

HEMP took a mere four sessions following our original call to run from .027-.09 this fall, and more recently saw a low of .0222 (Jan. 7th) before hitting a high of .051 on Friday, for an opportunity at another 130%
___

Cannabis Science, Inc. CBIS

In the time since we first talked about CBIS, we’ve observed a range of .04-.099 (+148%).  Last week, CBIS was as low as .048 before hitting a high of .0749 on Friday for an added 56% in gains.
___

X-Change Corporation XCHC

XCHC is the newest among these to appear in our reports, and also had a killer week. It promptly gained 178% from .0521-.145 after we added it to our list of marijuana stocks last Monday.
___

Other stocks we’ve recently covered in this rapidly expanding field which have also made tremendous gains for us include: GRNH, ERBB, MWIP & PHOT. We’ve definitely gone over many of the most popular hemp plays on the OTC Markets, however, we’ve managed to root out a couple new ones to add to the mix. Allow us to also submit LATF and TRTC for your consideration. That brings our tracking list up to 10 stocks in one of the hottest, most cutting-edge market sectors of our time. For those of you who are indeed new to our mailing lists, you showed up during one of the most exciting periods in our more than ten years reporting on hot penny stocks.  
__

Extended Watchlist:
PPHM, KERX, RMTI, SONS, PEIX, BIOF, MOBI, ETRM

Get Our FREE Daily Reports!