Tag: FCEL

Blue Horseshoe Stocks: CBGI Update, Form-4 Scan & More

Cannabusiness Group, Inc. CBGI

After adding CBGI to our radar on Monday, (At a low of .0321), and putting the stock on high alert yesterday, we’ve managed to do very well with this new player in the medical marijuana game. If you recall, yesterday, we sounded the alarm on CBGI in our pre-market report, putting it on “high alert” after receiving news that the company had acquired a plot of land in California to commence its plans for a licensed cannabis grow operation. In addition, we pointed out the Golden Cross that was forming on the chart as another reason why CBGI was in a prime position to blow its top.

That’s exactly what took place, as the stock opened at .045, dipped briefly to .041, and the it was off to the races. We saw CBGI run 217% to .13, which also marked an overall gain of 305% from Monday’s low. Following that initial rip, the stock would pull back and bounce several times for added intraday opportunities, and landed us at the top of the Penny Stock Rumble:

Congratulations to anyone who was able to take advantage of the chance for quick-strike profits!

CBGI ended the day at .076 up over 120% from its previous close, and we’d like to see support hold in the .06-.07 range in order for this play to retain our interest. We are still on the cusp of seeing that Golden Cross, so we’ll be keeping an eye on CBGI through to next week, when it looks like that might occur.

Extended Watchlist Winners:

Pixelworks, Inc. PXLW

We’ve got to take a minute to applaud ourselves for another of yesterday’s selections. PXLW appeared in our Extended Watchlist and went on to have a beast of a day. The stock shot up from 6.31 to 9.05, a solid 43% increase, and did so on more than 30x  its 3-month average volume.

Fanny & Freddie (FNMA & FMCC)

Also making several appearances in our recent reports, we like the gains we’ve seen from this mortgage-lending pair. Both stocks have recently come from the $3.00-range and are now trading well over $5.00.

Form-4 Scan

Our regulars know that we periodically like to conduct Form-4 (Insider Trading) Scans, and have gleaned some big winners by doing so in the past (e.g. CETV made a 147% move for us). As a result of the one we ran this morning, we have a couple of stocks we’d like to throw into the mix:

Biodel, Inc. BIOD

BIOD popped up after several company officers filed their form-4’s which denote an exercise price of 3.37 (Currently trading in the mid-3.40’s), so we’ll be placing this one on our radar for sure. For our readers who may not be as well-versed, let us explain the significance. While Form-4’s reflecting the acquisition of shares by insiders shouldn’t be taken as a definite sign of something big brewing behind the scenes, it does suggest a certain in-house confidence in the stability of a stock that we like to see. It never hurts to put a stock on watch just in case there is something bigger going on.

Career Education Corp. CECO

The other one we spotted on this scan was CECO. A good number of Form-4’s have been submitted over the course of this week, so we’ll be throwing this one up on our radar sceens as well.

Side Note:

MLCG and MDCN are a couple of longer-term marijuana stocks that we think folks should have on their watchlists.

Extended Watchlist:
BMSN, FCEL, SKUL, NWBO, HART, CCRN, PLUG BSPM,

Blue Horseshoe Stocks: Cannabis Stocks & More

Cannabis Stocks

We’re going to kick off this Wednesday morning with a number of pot stocks to discuss. As conditions in the sector continue to normalize after the frenzy that took place early this year, there are still many opportunities that have been presenting themselves, as well as a good many storylines to follow. Here are a few of the plays that have our interest piqued at the moment:

Advanced Cannabis Solutions, Inc. CANN

We’ve been tracking CANN since January 8th (from a low of 6.31), and had been beyond pleased when the stock transformed into a raging beast, hitting 35.88 on Friday. After congratulating our readers on those possible gains of 469% on Monday, we’ve now seen even further strides from CANN. It dipped to 31.45, and ran an additional 46% as of yesterday’s 46-dollar high. From our initial alert, yesterday’s high-of-day represented an overall move of 629% Not too shabby for a time period of less than two months!

Alternative Energy Partners, Inc. AEGY

We began following AEGY closely on January 27th, at which time, we observed a stock at .0036 which would go on to run up to .0119 for a possible gain of 236% just five days later. Since then, AEGY had been gradually consolidating, and reached a low of .0046 on Monday. With the help of an exciting merger PR yesterday, the stock turned around and ran back up to the .0089 level (+93%).

Making things even more interesting, is the fact that the company that intends to merge with AEGY is one that we are familiar with, in SKTO. The resulting entity will surely be a company that we’re going to want to follow closely.

LOS ANGELES, CA, Mar 04, 2014 (Marketwired via COMTEX) — Alternative Energy Partners, Inc. (OTCBB: AEGY) (OTCQB: AEGY), doing business as PharmaJanes(TM), and SK3 Group (OTC Pink: SKTO), doing business as Medical Greens(TM), announce that their respective Boards of Directors have agreed in principle to merge the two companies for better market efficiencies and to create a single medical marijuana market support company which can qualify for a higher (AMEX, NASDAQ) market listing. >> FULL PR

Medican Enterprises, Inc. MDCN

Here’s another medical marijuana play that started to break out yesterday, one that we’re going to want to watch as we cruise through mid-week. Interest stems from a 8K-filing dated 01/21 that outlined an agreement MDCN had formed with two cannabis-related companies that will be assisting MDCN in obtaining licensed-producer status from Health Canada in hopes of entering into the Canadian medical pot business. Never having traded this high, it’s fair to designate MDCN as being in Blue-sky Breakout Mode, so caution should be employed, however, the chance for momentum to carry this stock even higher is certainly present.

ML Capital Group, Inc. MLCG

Per a 02/28 press release MLCG recently announced that it would be expanding their cannabis-related activities when they patented the name “SuperStar Vapor Pens.” In that release, it stated that it had begun an “aggressive sales campaign to launch this new product line during the next two months” and that the company had “already received verbal commitments with two major distributors to carry SuperStar Vapor Pens and sell them on a national level” According to MLCG, we can expect news of the finalization of those purchase orders by next week, so MLCG is one that we’ll be putting on our radar at least until that time.

Triton Distribution Systems, Inc. TTDZ

Another of our recent favorites in the sector, TTDZ, has news out this morning that we wanted to pass along:

WINNETKA, CA, Mar 05, 2014 (Marketwired via COMTEX) — Green Cures Inc. and Triton Distribution Systems, Inc. (OTC Pink: TTDZ) is pleased to announce the acquisition of FutureMarijuana.com and its Online Network Portfolio. The acquisition of this portfolio is of significant value to Green Cures Inc. presently and in future operations.

Green Cures, Inc. management decided to add additional partnerships that will enrich its business resources, including those with licensed agricultural cooperatives in the state of Colorado; as well as, production, marketing and distribution of Cannabidiol (CBD) products labeled “Green Cures”. >> FULL PR

Kandi Technologies, Inc. KNDI

Now to shift gears away from pot stocks, we have yet another success-story to point out. We first came across KNDI last summer when it was trading at a low of 4.41. The stock hasn’t done any backsliding since then, and in fact, has continuously pushed the envelope to present levels ($18-range), which are incidentally 325% higher than that all-time low.

Even the gains from our most recent alert of KNDI (Feb. 10th, low of 13.02) as of yesterday’s 18.75-high are impressive, standing at 44%

Suburban Minerals Corp. SUBB

While we didn’t see a monstrous breakout from SUBB yesterday, the stock did register modest gains, closing up just over 4% on the day, on roughly twice its 3-month average volume. We’re still looking for a break of recent resistance at .19, and will need to see support continue to hold above .165.

As we stated yesterday, if SUBB can break out of this channel, we feel that it could easily run back to test recent highs in the .24-.27 range.

Extended Watchlist:
FCEL, BLDP, DARA, ZBB

Blue Horseshoe Stocks Kicks Off 2014 With a Bang!

Cannabis Sector Report

Our tenacity in covering one of the hottest stories of 2013 just won’t stop paying dividends, and all signs point to the sustaining of that trend in 2014.

Lately, some of you might have been wondering why we have been so keen to continue our focus on marijuana-related stocks (aside from the percentage gains they’ve already afforded us, collectively numbering in the thousands). You got your definitive answer yesterday, when 2014 trading kicked off, and the plethora of pot stocks we’ve been tracking proceeded to put some serious coin in our pockets!

While some newsletters have yet to even release their first picks of the new year, we are already tallying up a number of winning selections in this sector (and others).

Cannabis Science, Inc. CBIS

We caught CBIS off of its 52-wk lows (.028) in December. Following yesterday’s huge session, we saw a high of .087. That marks a huge 211% gain from our December alerts. Those who may have only caught yesterday’s report, still had the chance at up to 57% from the daily low of .0555.

GreenGrow Technologies, Inc. GRNH

From a low of .045 to a high of .0795, GRNH put up an excellent session to follow our morning mention, giving traders the chance at a very respectable 77% gain. Back on November 18th, we bore witness to a .02-low on GRNH. From that level, yesterday’s high represents a increase of 298%

Hemp, Inc. HEMP

HEMP traded in a daily range from .02-.0318, offering us gains of up to 59% on the day. Like the previously mentioned plays, HEMP appears to want to gap up today. The momentum we’re observing in all of these stocks could take awhile to dry up.

GrowLife PHOT

PHOT didn’t disappoint either, with it’s maiden session of 2014 seeing a low of .157 give way to a high of .2075, a solid move of 32%

Those were just the top gainers of the cannabis stocks we’ve been tracking, several others, including MDBX, ERBB, TRTC, FITX and more, also posted positive gains on the day, and will continue to remain on our watchlists moving forward.

Plug Power, Inc. PLUG 

Shifting gears from the marijuana stocks, we once again have PLUG. Following its appearance in yesterday’s newsletter (where we mentioned that this play had already made a move of over 1800% for us) PLUG would go on to have a bang-up first session of the year, dipping to a low of 1.89 before running up to 2.33, and giving us added gains to the tune of 23% The stock closed at the high of day, and as is always the case when that happens, we are on a sharp lookout for continued momentum. It appears that’s just what we’re going to get, as the stock is already trading up in the 2.50-range this morning on relatively heavy premarket volume.

Extended Watchlist:
PROW, RSOL, OIBR, RIBT, FCEL, NVAX