Tag: GOGO

Blue Horseshoe: PHOT & Extended Watchlist

Growlife, Inc.  PHOT
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Many of our long-time subscribers know about our extensive marijuana-related stock coverage over the past year, but for those of you who are relatively new to our subscriber base, let us get you up to speed. PHOT was among a vast selection of marijuana stocks that we began tracking last October, and have followed continually since that time. Several follow-up reports would also include PHOT, as you can see with a quick tag search on our blog/newsletter archive.Over that time, we saw PHOT go from a little-known sub-penny stock, to a .12-cent hot-item stock in the portfolios of many people, including ourselves. We’ve prepared a video presentation of the PHOT chart illustrating exactly what it has achieved in the past year. Presently, we are monitoring the stock, and would like to see support hold in the .05-.06 range. The main areas of resistance with which it must contend are sitting at .08, .11 & .12.

We are bringing PHOT back into the conversation today, as the company has released some new press this morning that we wanted to share:

WOODLAND HILLS, Calif., Oct. 14, 2013 /PRNewswire via COMTEX/ — GrowLife, Inc. (OTCBB: PHOT), a diversified company operating in the legal cannabis industry including online and brick and mortar hydroponic stores, OEM grow equipment, commercial grow-op support, and media, is pleased to announce that the Company is expanding its products and services to include the GrowLife Infrastructure Funding & Technology program (GIFT) for select customers in Colorado and Washington. The program is expected to include several other states before the end of the fiscal year. >>>FULL STORY

Facebook, Inc.  FB – Options
On Friday, we stated the possibility that we could “see FB return to the $50-level or higher, which would likely cause those (10/11 $49 Call) contracts to yield multi-bag gains.” While FB stock fell just short of that mark, touching a daily high of 49.87, the triple-digit profits we had anticipated did in fact come to fruition. Those Calls initially traded in a range from .35-.93, a 166% intraday move. Following that occurrence, they would pull all the way back to the .02-mark, before a late-afternoon surge brought them back to .14, another intraday move, this time good for the opportunity to rake in up to a 600% added profit.

Congratulations to anyone who was able to use those monstrous swings to their advantage.

Extended Watchlist:

GOGO, FU, PLX, OIBR, NG, STSI

EWSI, CELGZ & Extended Watchlist

E-Waste Systems, Inc.  EWSI
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We talked about EWSI on Friday, at which time it was trading at a low of .043, and have monitored the stock throughout this week. Yesterday, we saw a high of .0519, marking a 21% move off of the bottom. We wanted to see EWSI hold above its 50DMA (.045), and it has thus far managed to do so. Looking forward, we’d like to see the stock continue to hold above that level.

The company had some news out yesterday regarding plans for the opening of the largest e-waste facility in India:

LONDON, UNITED KINGDOM, Oct 08, 2013 (Marketwired via COMTEX) — E-Waste Systems, Inc. (OTCQB: EWSI) (‘EWSI’ or the “Company”), an electronic waste management services, technology and reverse logistics company and the first public pure eWaste company, announced today that it has signed an MOU with Cerebra Integrated Technologies Limited (‘Cerebra’), a publicly traded company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Cerebra, based in Bangalore, India is India’s leading total IT Solutions provider. The agreement calls for the creation, in Bangalore, of the largest E-Waste facility in India, using EWSI’s ePlant1000(TM) technology. The facility is expected to achieve at least 98% recovery of recyclable materials. An investment via a share exchange between the partners is also expected to form part of the relationship.

Celgene Corp. CELGZ
We were watching CELGZ yesterday due to abnormal pre-market activity, for the possibility of quick gains, and that’s just what we got. The stock, after touching a low of 1.39 rumbled upward to as much as 2.70, a 94% intraday gain. This came on roughly 33X the 3mo. average volume.

With that kind of momentum, it appears as if CELGZ’s success could spill over into today’s session, so we’ll want to keep this one high on our watchlists.

Extended Watchlist:

 ABIO, INO, AA, GOGO, PROP

AAPL, CTXV & Extended Watchlist

Apple, Inc. AAPL – Options
Apple surpassed the $490-mark yesterday, as we suggested it might in Friday’s newsletter. Impressive iPhone sales seem to be the catalyst here as the stock gapped up yesterday and saw a daily high of 496.91, revealing the $480-$485 Calls that we were monitoring as multi-bag gainers.

To determine our next course of action, we are going to want to watch AAPL’s attitude closely; resistance at this point appears at $498 & $500. Failure to breach those levels could result in a consolidation for which we need to be prepared.

CTX Virtual Technologies, Inc. CTXV

We have CTXV on our long-term watchlist, and while the stock is fairly illiquid at this point in time, we like the idea and business plan behind this one enough to monitor its situation going forward.

CTX manufactures a variety of mobile communication technology including basic Cell Phones, PDA’s, Smartphone’s, Printed Circuit Boards and the worlds smallest fully-functioning PC, the MISEETX. CTX also manufactures and distributes it’s proprietary 3D electronic perception technology for interactive virtual computer keyboards.

In addition to logging almost $50M in net sales for the last reporting period, the company recently received the go-ahead from BlackBerry to begin using the BlackBerry compatible logo on their VK 200 Keyfob(TM) input devices.

MORE INFO @
http://www.ctxtechnologies.com

Extended Watchlist:
EXMT, APP, GOGO, DRYS