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.


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!

IWEB, TCPS, NRBT, BCRX & Extended Watchlist


We have continued to follow IWEB since our first report on the stock on Tuesday July 9th. We observed nearly 100% in cumulative gains from the stock that week. Next, we saw a pullback to our initial alert price (.024), followed by several days of higher highs and higher lows. In fact, IWEB has steadily built back to yesterday’s high of .034, which is just .0015 below the recent swing high of .0355.

We hope to see IWEB break through to the next level, as it tests its previous resistance. A move past .0355 could signal another breakout from this stock so we most definitely want to keep it on our radars moving forward. As we can see on the chart above, several indicators appear to be bullish.

In addition, BARCHART.COM is currently listing IWEB with a 72% Overall “Buy” Rating, and a 100% Short-term “Buy” Rating

More Info :


For those who may have missed yesterday’s afternoon update, we had a few solid gainers come off of yesterday morning’s report, which included TCPS, NRBT, and BCRX. We’ll want to keep an eye on those symbols today as well.

Extended Watchlist:

Midday Updates | TCPS, NRBT, BCRX

TechnoConcepts, Inc. TCPS
Just as we suspected. the momentum TCPS exhibited last week has carried over today. After touching an early morning low of .021, the stock has seen a  subsequent high of .0499. marking an intraday gain of 145% We certainly hope that some of you were able to take advantage of the call in this morning’s report.

For those who may be new to our mailing lists, this isn’t the first time that TCPS has afforded us the chance at big gains. Back in May, we followed this stock from a low of .0025 all the way up .0689, bringing us up to 2650% in gains, and making it one of this year’s most successful plays.

Novus Robotics, Inc. NRBT
NRBT is another stock off this morning’s report to be enjoying a good start to the week. After touching a 21-cent low, we’ve just seen a new high of day print at .315, marking an intraday move of 50% at the time of this publication.

BioCryst Pharmaceuticals, Inc. BCRX
Yet another winner from this morning’s watchlist, we have  BCRX, which has traded today in a range from 2.83-3.69, registering a possible gain of up to 30%

PM Extended Watchlist: