RMTI, PHOT & Extended Watchlist

Rockwell Medical, Inc. RMTI

We mentioned RMTI in Friday’s extended watchlist, and it turned out to be a good decision on our part. After opening at a low of 8.75, the price surged ahead to touch 10.20, marking an opportunity at intraday gains of up to 17%

We’re going to leave RMTI on our radars as we kick off a fresh week of trading, as the stock appears to be gapping up this morning, (presently above Friday’s high, trading at 10.50 premarket). The stock also traded high volume on Friday, so we want to monitor the situation for any further gains the current flux of momentum might provide.


Growlife, Inc. PHOT

PHOT had a good day on Friday as well, breaking a recent double-top, posting gains on increased volume. The stock hit a high .0477, which from the low following our most recent mention of this play (.0318), represents a 50% move.

We’ve got this and other marijuana-related stocks on continuous watch since the USDOJ announcement that the federal government would not be interfering with individual states that have voted to legalize the plant for both medical and personal use.


Extended Watchlist:
EXMT, IGLD, INO, BZ, ZQK, GOGO

Blue Horseshoe Stocks: HUGE News in the Marijuana Industry

Medical/Legal Marijuana Sector Set to Explode

If that headline seems a little sensationalistic, that’s because something sensational has happened! Many of you will recall our continuous coverage of marijuana-related stocks beginning last year, as Washington and Colorado were getting ready to vote on becoming the first states to end more than seven decades of marijuana prohibition. The prospect of companies legally being able to cash in on what is most assuredly a multi-billion dollar industry just waiting to be unlocked, was and still is, quite exciting.

We rode several hemp stocks (which we’ll mention below) to astonishing gains, and have been continuously tracking the landscape of this burgeoning market sector ever since. Even with such progress being made in legislation, as well as a positive general shift in public opinion on the subject, we still had to temper our enthusiasm. The federal government had not yet taken an official position on the issue of whether or not it would intervene in the rights of individual states to grant their citizens access to legal marijuana. And so the nation, including several other states with legalization ambitions of their own, waited for news of their ultimate fate.

Then yesterday came… In the future, Thursday, August 29th, 2013, could very well be viewed as a turning point in the fight against marijuana prohibition. The US Department of Justice finally announced their official position: The federal government WILL NOT interfere with individual states who wish to legalize, regulate, and tax marijuana for both medical and personal recreational use. The door to a pot industry boom has just been unlocked, and left wide open.

In the wake of this historic event, we thought there would be no better time to remind our readers that this was one of the main reasons we’ve been so “high” on marijuana stocks for over a year now. It is rare to witness the birth of an entire industry, and yet it seems this baby has finally arrived! Check out the enormous list of related stocks below that have appeared in previous reports (I, II, III, IV) and be sure to keep them on your radars moving forward, as a world of possibilities (without fear of federal reprisal) has just opened up for the entire sector.

HEMP, PHOT, MJNA, CBIS, RFMK, ERBB, GRNH, MDBX, MWIP, TRTC, RIGH, EXMT, EDXC, SKTO, FSPM, NRBT, GTLA, GWPRF, HESG, PARS, SRER, SFIO, XCHC & NVLX.

We’ll also be on the lookout for new marijuana related stocks, which are likely to start sprouting up like weeds now that the federal green light has been given. More on the subject is sure to come, so stay tuned to our daily reports, and good luck out there!

EXHI, WNTR, Marijuana Stocks & Ext. Watchlist

Exlites Holdings International, Inc. EXHI

Although we are not among the many groups paid for promoting EXHI yesterday, our intuitive scanning techniques allowed us to sniff the play out like a bloodhound, and deliver it to our subscribers before the promotion hit! Due to that diligent morning scan, we turned up an advance opportunity at what ended up being max intraday gains of 169% The stock screamed out of the gate at .08 and soared as high as .215 before eventually losing momentum.

This turned out to be just another example of why we consider ourselves to be the number one penny stock newsletter/blog in existence. Our commitment to bringing our subscribers opportunities like these  is ceaseless, a fact to which many of our longtime followers can attest. After the great fortune we enjoyed last week, it was great to begin this week on a high note like EXHI.


Medical Marijuana Stocks Heating Up

As you well know, we’ve had an awful lot going on of late, and while we took a short break from talking about one of our favorite sectors in the month of July, it appears that the medical marijuana arena is heating up once again. We say it is one of our favorites, because as some of you will remember, beginning with our first report on the subject in the fall of 2012, as well as its follow-ups (Pt.2, Pt.3), we enjoyed monstrous gains from several stocks in the field. By checking out those reports, you can get an understanding of the kind of success we had with the sector as a whole. Of course we covered individual marijuana stocks on an ongoing basis the entire time.These included, but were not limited to: CBIS, HEMP, PHOT, MJNA, & MWIP.

We’re going to be moving these plays back to the forefront, putting them near the top of our watchlist once again. If the upcoming autumn season for medical marijuana is half as lucrative as last year’s Fall, we are in for a heck of a ride. Stay tuned!


Worldwide Internet Inc. WNTR

We’ve also got a new play that has popped up on our radar this morning. A dead-cat bounce play, WNTR is coming off of lows which were the result of a recent sell-off. The stock achieved higher highs and higher lows on the rebound yesterday, and we’re looking for the same thing today, which will allow us to confirm the current pattern as an uptrend.

We’ve had a lot of success with recovery plays like this one, so we’ll be watching closely today for any opportunity that WNTR might present.

News:

WILLIAMSBURG, VA, AUGUST 13, 2013  Worldwide Internet, Inc. (OTC: WNTR) announced today that it has received a financing commitment for working capital from Kodiak Capital for the next twelve months.The financing commitment provides working capital to the company based on certain terms and conditions under an investment agreement signed by both parties.

Frank Kristan, President of Worldwide Internet, Inc. stated: “We are excited about working with Kodiak Capital to implement our business strategy of developing a diversified holding company. With the completion of the purchase of the Ludvik assets and the Honeywell Estates, we will have in excess of $50 million dollars in assets?


Extended Watchlist:
 ARTX, INO, DGIT, CBMX, MCOX

Blue Horseshoe Stocks: FWDG, HKTU & Extended Watchlist

FutureWorld Energy, Inc. FWDG

On Friday, although FWDG had already brought us close to 700% in gains for the week, the stock once again had a breakout performance, trending up on record volume. In our morning report on Friday, we stated that we wanted to see previous levels of resistance (.009, .01) broken, and held as new levels of support. That chain of events indeed came to pass, as the stock surged on to close at its high of day, at .015. From a low of .0065, that marks added gains of up to 131%

A quick recalculation of our total cumulative gains on FWDG in less than a week, provides us with a staggering figure of 1054% from the low following our initial alert at .0013 (Tuesday) to Friday’s high of .015.

FWDG’s stellar performance netted us a hat trick for the week, pertaining to our third appearance as the top newsletter on Penny Stock Rumble.

The next area of resistance we’d like to see broken, and held as future support, is in the .02-.025 range. Past that area, we are looking at blue skies all the way up to the teens. This stock is currently one of our favorites, and will be near the top of our watchlist moving forward.
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Hokutou Holdings International, Inc. HKTU

HKTU turned out to be a good call for us on Friday as well. The stock was as low as .0061, and also closed at its high of day .0083, for a comparatively modest, yet substantial 36% gain.

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Extended Watchlist:
PHOT, SKTO, MWIP, BCRX, BSDM

Blue Horseshoe Stocks: MYEC, VHGI, JRRD & Extended Watchlist

The following stocks have all brought us significant gains this week:

MyECheck, Inc. MYEC

Once again, our newsletters were as featured yesterday’s champion by Penny Stock Rumble for MYEC, for the second time this week. Following our alert on Monday, the stock was trading as low as .0034. The subsequent high of .0086 marks a 2-day gain of up to 156%

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VHGI Holdings, Inc. VHGI

VHGI appeared in yesterday morning’s extended watchlist, and went on to make quite a run during the ensuing trading session. From a low of .0195, the stock hit .034, representing a gain of 74%

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Journal of Radiology, Inc. JRRD

JRRD, despite closing down on the day, opened at .0011 and saw a low of .0009, before hitting a high of .0019 in the first hour of the trading session. That makes yet another impressive gain off of yesterday’s extended watchlist, of 111% That figure brings our total cumulative gains over all of our picks this week to well over 350%
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Extended Watchlist:
PHOT, STKO, GESI, LBYE

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