Tag: GURE

Blue Horseshoe Stocks: Marijuana Sector Updates & More

Updates on Monday’s Picks
We kicked off another strong week yesterday, with most of the stocks we mentioned in our morning report posting notable gains, and several achieving new highs.

Kandi Technologies, Inc. KNDI

KNDI put up a modest 16% intraday increase, trading from a low of 19.01, and reaching a new high of 22.11. That figure is especially impressive when you consider the fact that we picked up on this play for the first time back in July of last year when it was trading in the low 4.40’s.

From those levels, the stock has risen an impressive 400% in roughly 8 months.

Growlife, Inc. PHOT

PHOT behaved predictably after we inserted it into yesterday’s report on the heels of a morning PR  regarding a joint venture with VAPE.

The stock opened at .625 and continually pushed the envelope all day, closing at its high of day, and a new overall high of .777. That was good for a 24% intraday gain, and from our original alert low of .0318 from August of last year, yesterday’s new high represents an overall move of 2343%

It is a level of increase that we have become accustomed to seeing in the vastly popular marijuana sector.

Triton Distribution Systems, Inc. TTDZ

For those of you who’ve been with us since at least January, you will recall our original alert of TTDZ on the 30th, at which time the stock was trading hands at .0012.

Yesterday, TTDZ became the third play on our list to bull its way to a new high, running from a daily low of a penny, up to .0167. That marked a 67% intraday rip, and an overall appreciation of 1292%

As we just stated, stocks in any way involved in the burgeoning cannabis industry have allowed us to see four-digit gains with some regularity.

Cannabusiness Group, Inc. CBGI

Speaking of such stocks, another pot play that we’ve been tracking recently, CBGI, also had another landmark session on Monday.

As the week kicked off, the stock commenced a bull rush that took it to new highs as well, running in a wide range from .205 in the morning, to .455 by mid-afternoon, a 122% intraday spike.

Of course the new high requires us to once again calculate the total move since we mentioned the stock for the first time on March 3rd. Yet another four-digit romp, coming in at a whopping 1317%

ML Captial Group, Inc. MLCG

MLCG is another cannabis play that we added to our radar on March 7th, that announced this morning, its continued expansion into the sector with an update on the launch-status of its own line of cannabis vaporizing pens.

FOUNTAIN HILLS, AZ–(Marketwired – Mar 18, 2014) – ML Capital Group, Inc. (OTCQB: MLCG) (OTCBB: MLCG) announces its continued expansion in the medical marijuana industry and the extension of its SuperStar brand. >>FULL PR

Magnegas Corporation MNGA

MNGA appeared in yesterday’s Extended Watchlist, and had one heck of a session as well. On more than 18.5X its 3-month average volume, the stock ran from 1.15-1.56, an intraday move 36%

The stock appears to be gapping up this morning (Currently trading in the 1.70’s) possibly en route to further gains.

Extended Watchlist:
CEHC, PIHN, RNA, GURE, ADXS

Blue Horseshoe: ACDU, GOGO, GERN, OXBT, NQ & More

Accredited Business Consolidators Corp. ACDU

We had included ACDU in Friday’s newsletter after noticing increased volume and building momentum in Thursday’s session. Opening strong and rallying out of the gate, the stock touched a high of .0093 before consolidating and retracing on a midday pullback. We observed as ACDU found support and bounced from .0061 back up to .0086 (+42%) and ended the day solidly at .0083.

Congrats to anyone who was able to take a quick profit from ACDU.

Gogo, Inc. GOGO

We’ve been monitoring GOGO pretty closely since Sept. 16th at which time the stock was trading at 14.79.  By Sept. 26th, we saw the stock hit a high of 19.80. Over roughly the next month, GOGO retraced back to 15.90 (10/24). This morning GOGO appears to be gapping up significantly, hitting a high of 22.30 premarket, so we’re definitely going to continue paying close attention to this stock.

Geron, Corp. GERN

After we mentioned GERN in Thurday’s report, we saw a good short opportunity as the stock fell from the high 7.70’s to below 6.00.

On Friday the stock opened in the 5.00-range, and continued its descent, trending down to the mid-4.00 range. As GERN has pulled back so drastically in a small amount of time, we are watching for the dust to settle, and poising ourselves for the potential rebound which could follow.

Oxygen Biotherapeutics, Inc. OXBT
&
NQ Mobile, Inc. NQ

OXBT made a move from a low of 1.46 to 11.40 for a 681% gain since we began following it near the end of October.

Roughly around the same period of time, we also starting watching NQ, at the time trading as low as 8.42, which would go on to hit a high of 15.85, an 88% gain.

Both of these stocks underwent big consolidations last week, and began to rebound toward the end of the week. As is often the case following major runs, large pullbacks, if properly timed can make for some excellent quick-strike opportunities to profit. Thus, we still have both of these on our radar.

From Friday’s Extended Watchlist:

Revolution Lighting Technologies, Inc. RVLT

RVLT traded as low as 2.88 on Friday before hitting a high of 3.54, a possible gain of  23%

SunEdison, Inc. SUNE

SUNE traded from a low of 11.00 to 12.75, a positive intraday move of 16%

Groupon, Inc. GRPN

GRPN traded in a range from 9.45-10.43, a 10% gain.

Peregrine Pharmaceuticals, Inc. PPHM

PPHM saw a 1.22 low and went on to close at its high-of-day at 1.30, for a modest 7% increase.

Extended Watchlist:
DROP (Coming off recent lows),TCPS, XCLL(Golden Cross), DSCO, FRO, NNVC, GURE, CLRX, ZLCS (Huge gap down, watching for possible rebound)