Tag: CANN

ERBB, AEGY, BDSI & Extended Watchlist

Tranzbyte Corp. ERBB
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We highlighted ERBB on Friday and the stock came out swinging, continuing the momentum that was building in the previous session.It came out of the gate strong, running quickly from a low of .0119 up as high as .0154. That marks a respectable intraday move of 29%As the stock pulls back off of that run, we’d like to see support hold over a penny, and will be monitoring the situation for any possible bounce opportunities.

Alternative Energy Partners, Inc. AEGY

We’ve had AEGY on our radar since last spring, and after a serious increase in recent trading activity, we wanted to bring it back into the conversation. The stock has been in full-on breakout mode for the past couple of sessions, and appears to want to gap up even further this morning.  What we are going to want to do is watch carefully for any possible dip-and-rip opportunities. Stocks that gain so much ground over so short a time-frame are susceptible to high volatility and sudden pullbacks, and are often followed by what can be very lucrative bounceplays for quick-witted traders.

This is another of the medical marijuana related stocks that we’ve been tracking for a long while. AEGY, in particular, operates pharmajanes.com an online dispensary for California residents, but the list of companies that we’ve tracked cover every part of the sector, from medical to legal cannabis, to growing apparatus, and more.

To list a few of the standouts we’ve tracked over an extended time: EAPH, FITX, CBIS, HEMP, PHOT, MJNA, SKTO, TRTC, EDXC, MWIPD, EXMT, CANN, MDBX, GWPH and that’s only a partial list. Cannabis has been allowing a lot of people to cash in via the stock market, and we expect the opportunities to keep coming.

BioDelivery Sciences International, Inc. BDSI
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BDSI appeared in Friday’s Extended Watchlist and made a notable 16% intraday move, trading from a low of 8.18 to 9.49 on almost 15M shares traded. The spike in price and volume comes on the heels of Thursday’s PR regarding positive testing results for the pain medication the company has under development:
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Extended Watchlist:
REVI, RITT, NWBO, MM, ALU, CLSN, HIHO, RNN

TSLA Options, CANN & Extended Watchlist

Tesla Motors, Inc. TSLA

It isn’t every day that we make options-trading picks, but when we do, they’re usually pretty accurate. On Wednesday, we floated the idea that the TSLA $165 and $170 Weekly Calls were looking attractive, and priming up for possible breakouts. As you can see on the following charts, that assumption proved to be a good one; both contracts would yield opportunities at multi-bag gains.

The $170 Calls were as low as .50 and hit a high of 3.85, representing a 670% move.

  The $165 Calls traded from a low of 1.55 up to 7.95 on Thursday, an intraday swing of 413%

In order to squeeze added gains from these contracts, we’ll need to see TSLA stock to hold support at or above 168.80, and we’re looking for a break of resistance at 172.70. Pre-market trades are currently going off in the 171.50-range.

Advanced Cannabis Solutions, Inc. CANN

CANN has been very good to us in the short while we’ve been tracking it (1st alert, 01/08, Low of 6.31). We’ve included it in every newsletter since Tuesday, and every day it has bulled its way to new highs. Yesterday, it hit 23.35, marking a rise of 270% from our initial alert, which came just six trading sessions ago.

This has been one cannabis stock that has sustained its trend quite well, even as movement in some of the others has slowed. However, just because the feeding frenzy we witnessed in the first week of the new year has calmed down, that doesn’t mean we’ve taken our eyes off of the sector. We expect pot stocks to continue to be one of the more popular items on the speculative trader’s agenda in 2014.

Sector Side Note: Easton Pharmaceutical, Inc. EAPH – One of the other marijuana stocks we’ve followed, EAPH had consolidated off of its recent big run and yesterday began to bounce. We might see more significant gain opportunities from EAPH if it can hold support above the .008-level.

Extended Watchlist:
ARIA, NIHD, PBMD, ARQL, KONE, EFUT

Blue Horseshoe Stocks: FREE, KNDI & CANN

FreeSeas, Inc. FREE
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FREE has been one of our favorite stocks in the past, having brought us prime opportunities at multi-bag gains. After consolidating off of its last big run, FREE settled back to find support in the low 1.70-range, and as of yesterday, had begun to bounce back, trading up from 1.75 to 2.30.

We’ve pointed out several key aspects of the FREE chart below, and will be monitoring the stock closely today for the possibility of further gains.

Kandi Technologies Group, Inc. KNDI

We’ve been tracking KNDI since July (From a low of 4.41) and have truly seen some monstrous gains as a result. On December 30th we reminded everyone that this was a story that we would want to follow into the New Year. We certainly hope our words were heeded, because the stock’s performance since that time has been nothing short of impressive. The next day, KNDI would bounce off of support at 10.85 and has since made an impressive run to a high of 15.15. That move marks possible gains amounting to as much as 40%

Not only did the stock recently get placed on NASDAQ’s Global Select Market, KNDI and CEO Hu Xiaoming were also featured on China Central Television’s (“CCTV”) English News Channel. -Watch the interview here.

Advanced Cannabis Solutions, Inc. CANN

We were especially glad to have continued mentioning CANN in yesterday morning‘s report. We had already observed a 30% move in the previous session (8.00-10.40), and the stock just continued to rumble upward. After seeing a low of 10.61, CANN would go on to run as high as 17.50. That was an intraday gain worth up to 65%

We’re still watching the situation closely, as CANN has jumped to more than 18.50 in pre-market trading this morning. From our original mention of this stock on January 8th, we’ve seen an astonishing run from 6.31. At the last-traded pre-market value, that’s an incredible increase of nearly 200% in just five trading sessions.