Among the stocks we were mentioning in yesterday morning’s premarket report, there were quite a few that ended up turning in positive performances on the day.
Terra Tech Corp. TRTC – TRTC stood out among cannabis stocks with a healthy intraday increase of 21% as it ran from .108-.131. The stock closed with strength, just a tick below the HOD at .13.
We will continue to monitor, not only TRTC, but the marijuana space as a whole, like we were saying yesterday. There is a resurgence of activity in the sector that we feel will only increase as voting season is upon us. The legalization of industrial hemp in North Carolina this week is also a factor in re-generating a ‘buzz’ around cannabis in all its forms.
Global Digital Solutions, Inc. GDSI – GDSI is a stock we’ve continuously tracked for months now, as a quick tag search of our archives reveals. Yesterday, after including it in our extended watchlist, the stock made a healthy 51% intraday pop from a low of .0045 on up to .0068.
As measured from our recent observed low of .0012 (09/24), yesterday’s high registered as an incredible 466% swing in just a little over a month’s time.
Liberty Star Uranium & Metals Corp. LBSR - Another inclusion from yesterday’s extended watchlist, LBSR put up a respectable intraday performance as well. The stock traded in a range from .0034-.0049, giving traders the chance at up to 44% profits.
Continued Recovery Watch
Applied DNA Sciences, Inc. APDN & MFC Industrial, Ltd. MIL
We wanted to take a minute to update folks on this pair of stocks that we’ve been tracking as recovery plays since Friday. While they didnt break out by any means yesterday, both managed to log higher highs and higher lows on the day, qualifying them for continued observation.
In fact, both APDN and MIL have managed to record three consecutive sessions of higher highs and higher lows since we entered them into the conversation. We’ll be interested in each case to see how far the trend will carry.
Speaking of bottom-bouncers, another stock with which we have been familiar in the past, is Liquid Holdings Group, Inc. LIQD. It has brought us some solid chances for gains previously, and we’ll want to closely observe as it appears to be quite oversold at the moment, and coming off of a bottom. Conditions appear to be ripening for a possible protracted rebound.
TDEY, BHRT, BRFH, PFHS