Tag: DNDN

FITX, EAPH, TTDZ, GLCO & Extended Watchlist

 Creative Edge Nutrition, Inc. FITX

FITX is among the cannabis stocks that we’ve been tracking since 2012 that began to explode when 2014 trading commenced on January 2nd. We alerted readers of the likelihood of that occurrence in our final report of 2013 on New Year’s Eve. That day, we observed a low of .0045, and yesterday, FITX attained a new high at .065, which means that in just a month’s time, this stock has increased in value by 1344%

We’d like to congratulate anyone who was able to obtain even a fraction of the total possible profits that FITX has afforded us so far in 2014.

Easton Pharmaceuticals, Inc. EAPH

Marijuana related stocks are still very demanding of our attention. Even as some of our other interests in the field tapered back this week, EAPH, like FITX, was able to achieve new highs. EAPH also serves as a prime example of why we don’t discard these pot plays when they consolidate, because they have provided rebound opportunities galore.

In this particular case, EAPH came off of its New Year’s pop, and bounced off of the .008-area to recover all of its previous gains and then some. At Tuesday’s high of .028, our total possible gains from our original Jan. 8th alert from a low of .0041 stood at a whopping 583%

A golden cross formation is also in the making on the EAPH chart, which gives us all the more reason to continue to monitor this stock.

Tritan Distribution Systems, Inc. TTDZ &  Global Links Corp. GLCO

Here a couple of new plays to add to our now-enormous marijuana stocks watchlist:

TTDZ catches our eye on the heels of a filing that denoted the reduction of shares of TTDZ common stock from 1.5B to 1.2B. The stock made a huge move during yesterday’s session and appears as if it could gap up to start the day.

Already having been on a sharp uptrend in recent sessions, GLCO had after-hours news concerning the acquisition of Hemp Life Today, LLC and its online Hemp and Medical Marijuana products and information website, HempLifeToday.com, essentially launching itself into the cannabis sector. We will want to follow along to see how the trading community will receive this latest development.

Extended Watchlist:
DARA, DNDN, DGAZ, ACCL, FLEX, MEET, INFN, GRPN, SQNS, FB

GOGO, NQ, GERN & Extended Watchlist

Gogo, Inc. GOGO

We’ve been pounding the table on GOGO for the past couple of months, and the stock had a great session following yesterday’s mention on the strength of their earnings release. From our initial alert price at 14.79, yesterday’s high of 24.85 represents a gain of 68% on roughly 6 times the 3mo average volume.

3rd Quarter Earnings Highlights

GOGO ATG4 Video

NQ Mobile, Inc. NQ

NQ also had a fruitful session to kick off the week yesterday, trading from a low of 11.55 up to 13.55, a 17% intraday gain.

The low following our first alert on NQ was 8.42; yesterday’s high represents an increase of 61%

Geron, Corp. GERN

GERN behaved as expected yesterday; if you recall, we were looking for the stock to reverse its downtrend, and it did find a bottom at 4.69. The resulting bounce pushed the price up 10% to 5.18, and the stock closed at 5.05.

Moving forward were looking for GERN to achieve higher lows, holding support above yesterday’s low of 4.69.

Extended Watchlist:
REVI, VNDA, ARIA, PERI, DNDN, CIMT, RNA

MJNA, PHOT, SKTO, MWIP, HEMP, ELY & Extended Watchlist

Marijuana Sector Update
–
To kick off the week, we’re turning the conversation back to both medical and legal marijuana-related stocks, a topic that we have covered extensivelyfor over a year now. Many of our old favorites have begun to show signs of promise once again, so we thought this would be a good time to bring them back into the fold as features in today’s morning report.
Medical Marijuana, Inc. MJNA

 

Growlife, Inc. PHOT

SK3 Group, Inc. SKTO

MediSwipe, Inc. MWIP

Hemp, Inc. HEMP

Each one of the preceding stocks (along with a great many more) has brought us several opportunities for large, or even astronomical gains, as was the case with MWIP from which we were afforded the chance at more than a 5250% profit (Coverage range: .0026-.1398)

Last week each of these began finding its way back to our watchlist as we’ve noticed increased volume, and as we’ve learned extensively in the past, volume often precedes price. Thus we are going to want to keep a close eye on these, and indeed the marijuana sector as a whole, which has yet to reach even a fraction of its full potential. Polls show that more than half of Americans now support legalization of cannabis and cannabis products, and of course we know that some states have already taken the necessary steps to make it available to their citizens.

Callaway Golf Co.  ELY

ELY appeared in Friday’s extended watchlist, then put forth a performance that merits mentioning. The stock touched a daily low of 7.82 very early in the session before enjoying a steady 14% surge up to 8.90, its highest point since 2010.

This comes on the heels of a wave of positive press last week including significantly boosted quarterly earnings:

Extended Watchlist:
DNDN, KNDI, OGXI, FNMA, FMCC, AAPL (Earnings expected today)