Blue Horseshoe Stocks: Cannabis Update & More

Pot Stocks Update

On Friday, we surmised that the general consolidation after last week’s epic surge in the cannabis sector would lead to rebounds for many of the pot stocks that we’ve been tracking long-term, and were correct in our assumption. Not an especially impressive feat, considering the fact that we’ve seen the bottom-bounce scenario play out hundreds of times; it’s practically a law of nature.

The following are some of the more notable cannabis bounce-plays that we observed to start the week:

Transbyte Corp. ERBB

ERBB reached a bottom (.0057) Friday shortly after 10am, and has done a fine job of bouncing back. Yesterday we saw the stock trade as high as .0098, closing just one tick below at .0097 on more than thrice the 3-month average volume. That’s a 72% swing spanning consecutive sessions.

Hemp, Inc. HEMP

HEMP came down from its big run over eight cents to find support at .031, from which point it has found its way back up to .06. That rebound was good for gains as high as 94% Like ERBB, HEMP finished out Monday’s session near its high-of-day, closing at .0594.

Creative Edge Nutrition, Inc. FITX

FITX is one that has done exceptionally well with regard to holding most of its recent gains when it did pull back. If you recall, we witnessed a low of .0056 last Monday, and the consolidation off of its highs at .031 only took it as low as .0111. The stock has recovered nicely, pushing its way back to .0265 during yesterday’s session; a bounce-play worth gains of up to 139%

GreenGro Technologies, Inc. GRNH

Unsurprisingly, one of the biggest runners from the ‘Green Rush’ turned out one of the bigger bounces on its recovery. It came down from its highs well over a dollar, and bounced off of the .20-mark yesterday, only to rebound as high as .49, a 145% swing. This morning in pre-market trading it has poked its head back over fifty cents.

Growlife, Inc. PHOT

PHOT touched bottom at .18 on Friday, and as of yesterday had pushed its way back to a high of .293. That represents a 62% bounce. PHOT is holding its ground in early trading this morning.

SK3 Group, Inc. SKTO

SKTO dipped back to .0115 Friday, and followed the trend of recovery yesterday, achieving a price of .0235, marking a two-session swing of 104%

Other cannabis stocks that were on the rebound Monday included TRTC, AVTC & CANN

Rexhan Pharmaceuticals, Inc. RNN

It became apparent that RNN would continue its recent uptrend early-on yesterday. Even though we had already seen impressive gains amounting to nearly 200% in a range from .4026-1.19 up to that point, it continued to surge, reaching its peak at 1.85.

RNN is trading in the 1.40’s pre-market, so like the other massive gainers we’ve followed over the past week, we’ll be continuously monitoring for support and the potential for a subsequent bounce.

Blue Horseshoe Stocks: Pot Stocks Going Viral

The Green Rush ContinuesHemp stocks continue to grow like weeds this week, and it has become increasingly clear that the trending toward this sector has now gone beyond the realm of mere retail, and into the hard-hitting arena of institutional trading. In some of these high-flying stocks, we were seeing bids worth tens of thousands of dollars stack up like hotcakes, and volume was through the roof, pretty much across the board. We couldn’t have asked for a better start to 2014, or a more solid validation of the long years we’ve spent following tons of cannabis stocks. We feel as if the success we’ve found thus far is just a taste of what’s to come. Just look at the following scan of the most active OTC stocks yesterday. Every single one is on our long-term marijuana tracking list:

As you can see, it is getting extremely difficult to track the individual story of every winner, because practically all of them have been going bananas! As we had to do yesterday, we’ll just list out the most impressive performances:

GreenGrow Technologies, Inc. GRNH

If we were impressed by GRNH’s run from .045 to .55 earlier this week, then we were astounded to see this one bull its way over a dollar, topping out at 1.20!  The roughly 1100% gain we had already gotten out of GRNH turned into a massive 2566% change from it’s low of .045. It held more than 50% of the day’s gains, closing just below .80.

Creative Edge Nutrition, Inc. FITX

We saw a low of .0054 from FITX this week (Monday), and yesterday it just kept on moving.The stock bull-rushed up to a high of .03, a great 455% increase off of its low over just a three day period. Like alot of these plays, FITX closed strong, holding much of its ground at .0251.

Tranzbyte Corp. ERBB

ERBB was at .0026 early this week, and as of yesterday we’ve now followed it to a high of .0139. That’s a rapid gain of 435% The stock traded over 650M shares, shattering its 45M average.

Hemp, Inc. HEMP

HEMP was trading as low as .0153 when we tagged it in our report on New Year’s Eve. Yesterday’s frenzy carried it to .081, which represents an increase of 429%

Cannabis Science, Inc. CBIS

We’ve watched CBIS come off of its 52-wk lows (.028) in December, and it has been a bull-rush ever since. Yesterday’s high of .1185 equates to potential profits of up to 323%

Easton Pharmaceuticals, Inc. EAPH

We added EAPH to our blog in an update we published at 10:30am yesterday. At the time the stock had just begun to break out and was trading at .0041. Lucky for us, the breakout had only just begun. It would go on to touch a high of .0144 shortly before market-close, representing a single session gain of 251% from the low we caught.

SK3 Group, Inc. SKTO

Back in the fall, we tracked SKTO from the .013-range, and it made a push up toward .02. The stock has been as low as the .004-range as recently as late December. Yesterday, it would open just below a penny and run to more than three cents, joining the other pot related stocks in this mad-rush for profits.

GrowLife, Inc. PHOT

Our observed low of .157 (01/02) on PHOT was increased by 145% as the stock hit a high .385 yesterday. It’s amazing when you have to think of double-baggers as some  of the more mild performances, but that’s just what this green revolution has achieved.

Terra Tech Corp. TRTC

We observed a price of .193 on Tuesday in TRTC, and yesterday’s continued onslaught of buying pushed this one as high as .43. For anyone keeping track (We are!), that’s a two-day rip of 123%


AVTC was new to our “weed watchlist” yesterday, and after a low of 4.48 the stock shot out of the gate like a rocket, zooming to a subsequent 8.00-high, a gain of 79% . After pulling back to 3.90, it then rebounded to 5.30, adding a 36% swing, and bringing cumulative gains on the day to 115%

If all that isn’t enough to make your head spin, then nothing will. Stay tuned for further reports, as the medical and legal marijuana story has only just begun to be written. We’ll be tracking these things closely for a long time to come.

 If you aren’t reading this report in your inbox, why not get over to Blue Horseshoe Stocks and get subscribed to our daily pre-market alerts. For our many new subscribers that we’ve picked up so far in 2014, it may be the best thing they’ve done all year!

Extended Watchlist:

Blue Horseshoe: Pot Stocks Still Soaring, VRS, PLUG & More

Pot Stocks Still Soaring
Why have we been pounding the table so hard on marijuana stocks lately? The simple answer is that they have stolen the show thus far in 2014, piling on monstrous gains left, right , and center. It is literally the hottest OTC sector right now, so if you’re sick of us talking about it day in and day out, we’re not sure why! A person would have to hate making money to not be interested in the magic we’ve been witnessing in stocks that have even the slightest connection to cannabis. So many of these gems have been on the move, that it’s impossible to mention them all, but here are a few of the more substantial gainers from yesterday’s session. Some of them rose so much it borders on the surreal!
GreenGrow Technologies, Inc. GRNH

We were lauding GRNH yesterday morning for the wonderful 311% gain it had afforded us from our alert low of .045 to .185. However, that was only a taste of what was in store for us. GRNH morphed into a hulking beast as it pushed the envelope all day long, rocketing to a high of .55! From yesterday’s daily low (for all those who have been sleeping under a rock for the past week) gains of 162% were possible on the day; but from our recent low of .045, the gains are far more impressive, to the tune of 1122% in only FOUR trading sessions! It’s kind of hard not to pat ourselves heartily on the back for that one. It’s not too often we see a ten-bagger, and we were all over this one like white on rice!

Creative Edge Nutrition, Inc. FITX

The more we think about it, the more we’re realizing that yesterday’s report read less like a newsletter, and more like a who’s-who of winning picks. From our recently observed low of .0054 (Monday), FITX absolutely tore its way to a high of .0189, representing a two-day move of 250%  Even those showing up late to the party, only catching yesterday’s report, could have ended up with single-session gains of up to 170%

Tranzbyte Corp. ERBB

ERBB also put forth a performance worthy of celebration yesterday. Our morning mention included congratulating our readers on a 35% possible gain from the day prior, as we had witnessed a low of .0026. Yesterday, the stock followed up a good performance with a great one, trading in a range from .0038-.0086 (+126%). From our alert low on ERBB at .0026, yesterday’s high marks a 231% increase, practically overnight.

In addition to those monstrous gainers, there were those that put up more modest, yet still significant increases:

Terra Tech Corp. TRTC

Daily Range: .193-.2545  Max Gain: 32%

Cannabis Science, Inc. CBIS

Daily Range: .07-.09    Max Gain: 29%

Hemp, Inc. HEMP

Daily Range: .03-.041  Max Gain: 37%

Added Note: We also have a couple of new marijuana stocks to add to our huge tracking list: CANN, AVTC

***UPDATE 10:30am*** Easton Pharmaceuticals, Inc. EAPH – We are adding another company that has aspirations of entering the cannabis industry. Per an October PR, EAPH has announced its desire to become one of Canada’s largest medical marijuana distributors, importing from countries like Uruguay and Holland. We are placing this stock on watch as it is in the process of breaking out today, and will continue to monitor its progress.

Verso Paper Corp. VRS

Switching gears from our cannabis plays, we have another winner in VRS which came off of yesterday’s extended watchlist to have a bang-up session. The stock saw a low of 3.50 before surging to 5.55, good for an intraday gain of 59%

Plug Power, Inc. PLUG

PLUG has been a source of solid gains for us in the recent past as well, and the stock piled on yet another nice performance Tuesday following a tag in our extended watchlist. From a low of 3.05, PLUG pushed as high as 4.14, giving traders the chance at daily gains of up to 36%

Neurocrine Biosciences, Inc. NBIX

NBIX rounds off our huge group of Tuesday’s winners; after placing it on yesterday’s extended watchlist the stock made a nice run from a low of 15.20, on up to 18.62. That was good for an intraday move of 23%

As you can plainly see, we have been almost unable to find a losing pick so far in 2014! If you aren’t reading this report in your inbox, why not get over to our SIGNUP FORM and get subscribed to our daily pre-market alerts, which more often than not contain winners just like these. Each year, we promise greater success than the year before, and we seldom fail to deliver. 2014 has been no different, it has been a veritable trader’s paradise, so stay tuned into our reports and good luck out there! 

Extended Watchlist: