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)

Incoming search terms:

  • hemp stock predictions

Blue Horseshoe Stocks: HUGE News in the Marijuana Industry

Medical/Legal Marijuana Sector Set to Explode

If that headline seems a little sensationalistic, that’s because something sensational has happened! Many of you will recall our continuous coverage of marijuana-related stocks beginning last year, as Washington and Colorado were getting ready to vote on becoming the first states to end more than seven decades of marijuana prohibition. The prospect of companies legally being able to cash in on what is most assuredly a multi-billion dollar industry just waiting to be unlocked, was and still is, quite exciting.

We rode several hemp stocks (which we’ll mention below) to astonishing gains, and have been continuously tracking the landscape of this burgeoning market sector ever since. Even with such progress being made in legislation, as well as a positive general shift in public opinion on the subject, we still had to temper our enthusiasm. The federal government had not yet taken an official position on the issue of whether or not it would intervene in the rights of individual states to grant their citizens access to legal marijuana. And so the nation, including several other states with legalization ambitions of their own, waited for news of their ultimate fate.

Then yesterday came… In the future, Thursday, August 29th, 2013, could very well be viewed as a turning point in the fight against marijuana prohibition. The US Department of Justice finally announced their official position: The federal government WILL NOT interfere with individual states who wish to legalize, regulate, and tax marijuana for both medical and personal recreational use. The door to a pot industry boom has just been unlocked, and left wide open.

In the wake of this historic event, we thought there would be no better time to remind our readers that this was one of the main reasons we’ve been so “high” on marijuana stocks for over a year now. It is rare to witness the birth of an entire industry, and yet it seems this baby has finally arrived! Check out the enormous list of related stocks below that have appeared in previous reports (I, II, III, IV) and be sure to keep them on your radars moving forward, as a world of possibilities (without fear of federal reprisal) has just opened up for the entire sector.

HEMP, PHOT, MJNA, CBIS, RFMK, ERBB, GRNH, MDBX, MWIP, TRTC, RIGH, EXMT, EDXC, SKTO, FSPM, NRBT, GTLA, GWPRF, HESG, PARS, SRER, SFIO, XCHC & NVLX.

We’ll also be on the lookout for new marijuana related stocks, which are likely to start sprouting up like weeds now that the federal green light has been given. More on the subject is sure to come, so stay tuned to our daily reports, and good luck out there!

Incoming search terms:

  • erbb stock predictions
  • i brough7500 mdbx stock what is the stock worth today
  • prospects with fspm

EXHI, WNTR, Marijuana Stocks & Ext. Watchlist

Exlites Holdings International, Inc. EXHI

Although we are not among the many groups paid for promoting EXHI yesterday, our intuitive scanning techniques allowed us to sniff the play out like a bloodhound, and deliver it to our subscribers before the promotion hit! Due to that diligent morning scan, we turned up an advance opportunity at what ended up being max intraday gains of 169% The stock screamed out of the gate at .08 and soared as high as .215 before eventually losing momentum.

This turned out to be just another example of why we consider ourselves to be the number one penny stock newsletter/blog in existence. Our commitment to bringing our subscribers opportunities like these  is ceaseless, a fact to which many of our longtime followers can attest. After the great fortune we enjoyed last week, it was great to begin this week on a high note like EXHI.


Medical Marijuana Stocks Heating Up

As you well know, we’ve had an awful lot going on of late, and while we took a short break from talking about one of our favorite sectors in the month of July, it appears that the medical marijuana arena is heating up once again. We say it is one of our favorites, because as some of you will remember, beginning with our first report on the subject in the fall of 2012, as well as its follow-ups (Pt.2, Pt.3), we enjoyed monstrous gains from several stocks in the field. By checking out those reports, you can get an understanding of the kind of success we had with the sector as a whole. Of course we covered individual marijuana stocks on an ongoing basis the entire time.These included, but were not limited to: CBIS, HEMP, PHOT, MJNA, & MWIP.

We’re going to be moving these plays back to the forefront, putting them near the top of our watchlist once again. If the upcoming autumn season for medical marijuana is half as lucrative as last year’s Fall, we are in for a heck of a ride. Stay tuned!


Worldwide Internet Inc. WNTR

We’ve also got a new play that has popped up on our radar this morning. A dead-cat bounce play, WNTR is coming off of lows which were the result of a recent sell-off. The stock achieved higher highs and higher lows on the rebound yesterday, and we’re looking for the same thing today, which will allow us to confirm the current pattern as an uptrend.

We’ve had a lot of success with recovery plays like this one, so we’ll be watching closely today for any opportunity that WNTR might present.

News:

WILLIAMSBURG, VA, AUGUST 13, 2013  Worldwide Internet, Inc. (OTC: WNTR) announced today that it has received a financing commitment for working capital from Kodiak Capital for the next twelve months.The financing commitment provides working capital to the company based on certain terms and conditions under an investment agreement signed by both parties.

Frank Kristan, President of Worldwide Internet, Inc. stated: “We are excited about working with Kodiak Capital to implement our business strategy of developing a diversified holding company. With the completion of the purchase of the Ludvik assets and the Honeywell Estates, we will have in excess of $50 million dollars in assets?


Extended Watchlist:
 ARTX, INO, DGIT, CBMX, MCOX

CLNO, BRD, LSG & Extended Watchlist

Yesterday, despite an overall drop in all major US markets, we still managed to bring our readers a chance to get ahead. That’s right, amid the most down day that stocks have seen so far this year, 4 out of 5 of yesterday’s mentions closed in the green, while three of those provided us with opportunities to profit.


Cleantech Transit, Inc. CLNO

CLNO continues to yield gains, session after session. Yesterday, after opening up at .133, the stock managed to run as high as .165 ( a gain of 24% intraday), before settling back slightly to close at .16.


Lakeshore Gold Corp. LSG
&

Brigus Gold Corp. BRD

These two gold plays appeared on yesterday morning extended watchlist after coming off of recent lows, and each went on to produce some modest yet solid gains for the day.

LSG traded in a range from .20-.25, good for an intraday gain of 25%

BRD traded as low as .455, and touched a subsequent high of .503, for a gain of up to 11%


OPTIONS-TRADING NOTES:
The SPY’s LOD yesterday 155.73, and the HOD was 158.43. We are looking for that to push even higher today, on the heels of numbers released yesterday concerning US durable goods orders having increased 3.6 percent in the month of May. We’d like to see the SPY continue to make higher lows and higher highs. For the remainder of the week, so long as trends continue in their current direction, we are looking at in-the-money calls with strike prices in between $156-158.

As the market goes, so goes Apple. AAPL saw a low of 398.05 yesterday. In the event that we continue to see overall upward trending, we are looking at the $400 & 405 Calls.


Extended Watchlist:
SEGI, HEMP, MJNA, MWIP, OPTT, CBMX,

AAPL, DRHC & Extended Watchlist

Dethrone Royalty Holdings, Inc. DRHC

Our bottom-bounce call of DRHC yesterday was spot-on. The stock pulled back to .0065 before running as high as .0094. In the video chart that we published along with our alert, we stated that we were simply looking for a quick 30-50% move out of DRHC, and that’s exactly what we got.

We like the activity we are seeing from this bottom play and will continue to monitor for subsequent bounces, provided the stock holds above yesterday’s support level of .0065.


Apple, Inc. AAPL

We sincerely hope our recent coverage of Apple calls hasn’t fallen upon deaf ears. We started with the $415 & $420 Calls last Monday, and kept raising our strike price as time progressed and Apple traded higher. On Wednesday, we had lifted it up to the $445′s, $450′s, and were even looking as high as the $455 Calls. The $455′s were as cheap as 2.30 on Friday, and hit a high of 9.80 yesterday, a possible gain of 326%, and that upward trend should continue.

This morning, Apple is trading up pre-market, causing us to once again raise our strike price into the $465 and $470 Calls. That being said, Apple has been on an absolute tear since its last earnings release, steamrolling upward for the past couple of weeks, thus we want to stay on our toes so that we won’t be caught off guard by a reversal. The next key resistance points are likely to be at $469.95, and $484.94. Should it break those levels, there is a gap to fill up to $504.77, as we point out on the chart below.


Extended Watchlist:
MWIP, ARNA, NLS, USU, ONCY, IBIO,