Tag: FRO

ERBB, LATF, MEDT, VMGI & Extended Watchlist

Over the past couple of weeks, our coverage of cannabis stocks has been relatively toned down. Both an abundance of other interests, as well as sector-wide consolidations pushed many of these plays to the back burner. Today we want to talk about some of the ones that are once again showing signs of life.

Transbyte Corp. ERBB

The last time we mentioned ERBB was at the end of January. By that time, we had already seen monstrous gains from this stock over the previous year, coming all the way from subpenny territory. At the time of our last mention, ERBB was trading at .0122, and this week we’ve noticed the stock reaching new highs, touching .045 on Wednesday. In just three weeks, that’s a 269% jump.

Yesterday also brought an exciting PR that we wanted to share. Tranzbyte’s marijuana vending solution, the ZaZZZ machine, will be put into use for the first time at a Colorado dispensary. Click through to the full PR for details:

TEMPE, AZ, Feb 20, 2014 (Marketwired via COMTEX) — Tranzbyte Corporation (OTC Pink: ERBB) announced today that it has signed a formal agreement with Herbal Elements LLP, a legal Medical Marijuana Dispensary in Eagle-Vail, Colorado to assist in the final aspects of machine roll-out specific to Colorado. >>> FULL PR

Latteno Food Corp. LATF

We last pointed out LATF On February 11th, after witnessing a nice 43% intraday move the day prior, from .007 to .01. Since that time the stock has been on a bullish run, pushing its way upward and culminating at a high of .0154 yesterday. That means we’ve seen a positive move of 120% in a span of just eight sessions.

LATF also had news out yesterday, alluding to forthcoming quarterly figures that blow last year’s numbers out of the water:

SANTA ANA, CA, Feb 20, 2014 (Marketwired via COMTEX) — Latteno Food Corp. (OTC Pink: LATF) is pleased to announce that preliminary Fourth Quarter financials for 2013 shows record numbers for LATF shareholders.Preliminary Fourth Quarter reports 3,100% increase in prior year’s revenues and over $413,000 in net income versus a net income of only $7,000 for prior year 2012. Year-end financials are anticipated to be filed with OTC within 30 days.

Media Technics Corp. MEDT

MEDT last appeared in our reports along with ERBB on Jan. 29th. In addition to gaining as much as 90% from its recent low of .001 to yesterday’s high of .0019, we also wanted to point out this morning’s press release:

BEVERLY HILLS, CA, Feb. 21, 2014 /PRNewswire via COMTEX/ — MediaTechnics Corporation (PINKSHEETS: MEDT) is pleased to announce that Henri Atamian has stepped down as President and CEO and appointed Jeremy Carr as MEDT’s president and sole director. Mr. Carr, who was a former director of MEDT, will oversee the review and publishing of the Company’s 2013 and 2012 Financial Statements, as well as an updated Initial Company Information Statement and intends to publish them via OTC Markets in the near future.Mr. Carr has extensive contacts in the industry and intends to lease lighting and hydroponic equipment to licensed marijuana related businesses that are fully comply with state marijuana laws, as well as overseeing the development of software and mobile apps for this growing industry.

Verde Media Group, Inc. VMGI

We’re putting VMGI up on our radar at the suggestion of one of our faithful readers, Craig S. This is another cannabis-related stock to add to our enormous tracking list, thanks Craig!

Options Trading Side Notes:

The BBRY 02/28 $10 Calls we mentioned in yesterday’s extended watchlist fared well, making a 50% intraday move from .12 to .18. We’re going to continue monitoring these contracts into their expiration date.

In addition to those, we’re going to be looking at FB $69.50 and $70 Weekly Calls for a possible intraday flip opportunity.

Extended Watchlist:
MVIS, MTSN, ARIA, YOD, FRO

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%

AVT, Inc. AVTC

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:
CRDC, CDTI, RNN, FRO, ACST, ATHX

CNAT, GOGO, UNIS, CAMT & Extended Watchlist

Conatus Pharmaceuticals, Inc. CNAT

We caught CNAT on our scanner this morning, and is definitely a stock we’d like to keep an eye on today, following an FDA-related announcement regarding a drug that the company has under development receiving “Orphan Drug” status. FDA plays have provided us with countless opportunities in the past, especially when the news is untraded upon, so we’ll be interested to see how well CNAT fares today as a result.

SAN DIEGO, Dec. 2, 2013 (GLOBE NEWSWIRE) — Conatus Pharmaceuticals Inc. (CNAT), today announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation to Conatus’ drug candidate emricasan for the treatment of liver transplant recipients with reestablished fibrosis to delay the progression to cirrhosis and end-stage liver disease. The FDA’s Orphan Drug Designation program is intended to encourage the development of drugs and biologics that may provide benefit to patients suffering from rare diseases or conditions.

Conatus is developing emricasan, a first-in-class, orally active caspase protease inhibitor designed to reduce the activity of enzymes that mediate inflammation and cell death (or apoptosis), for the treatment of patients with chronic liver disease and significant unmet medical need.

GOGO, Inc. GOGO

We have been hot on the trail of GOGO since our first mention on Monday Sept. 16th when it was trading as low as 14.79. We witnessed the stock’s 52-wk high a few weeks later on Nov. 14th (31.55), and then it consolidated to find support at 24.24.

Yesterday, GOGO re-established its 52-wk high at 31.65, and appears to want to gap up and continue its run today. This morning, the company has news out concerning the green light is has received to install its wifi satellite technology on Boeing 747 aircraft. and we’ve seen pre-market trades going off as high as 32.75. From our original alert price, that marks registers as a 121% gain. Heading into today’s session, we’d like to see the previous 52-wk high of 31.55 hold as support on any future pullbacks.

ITASCA, Ill., Dec. 2, 2013 /PRNewswire via COMTEX/ — Gogo (NASDAQ: GOGO), the world leader of in-flight connectivity and a pioneer in wireless in-flight digital entertainment solutions, passed a key milestone in launching its international connectivity service by receiving an STC to install its Ku-satellite technology on Boeing 747-400 aircraft.

Gogo will begin testing the new service immediately and plans to offer the service for customer usage by the first quarter of 2014. The technology will give travelers and crew access to the Internet. The service will also offer passengers Gogo Vision, Gogo’s wireless in-flight entertainment service.

Unilife Corp. UNIS

UNI hits our radar screens as another play with fresh news and a chart that is gapping up premarket. UNIS has a potentially lucrative arrangement in the works with European Pharma giant, Novartis.

YORK, Pa., Dec. 2, 2013 /PRNewswire/ — Unilife Corporation (“Unilife” or “Company”) (NASDAQ: UNIS, ASX: UNS) today announced an agreement with Novartis to supply clinical products from one of its platforms of injectable drug delivery systems for use with one of Novartis’ targeted early-stage pipeline drugs.

Under this agreement, Unilife will supply Novartis with a customized delivery device, consisting of syringe, needle, tubing, controller and pump, to enable administration of a novel investigational Novartis drug into a targeted organ in clinical trials. Unilife has granted Novartis an option for exclusivity under this agreement.


Camtek, Ltd. CAMT

Yesterday wasn’t the first time we’ve mentioned CAMT on our extended watchlist only to see the stock turn in an impressive performance; last Monday, we tagged CAMT as a possible runner, and subsequently witnessed a pop from 4.11-5.29 (+29%). In a repeat of that scenario, yesterday we saw the stock trade from a low of 4.20 on up to 5.75, for a possible gain of 37%

Cheers to anyone who was able to take advantage of those very timely alerts!

Extended Watchlist:
IACH, OMED, ETRM, FRO, DGLY, NAVB