Tag: PIHN

Blue Horseshoe Stocks: Updates on PIHN, MLCG

Polaris International Holdings, Inc. PIHN

We really couldn’t have been more spot-on in our pre-market assessment of PIHN yesterday. The stock behaved precisely as we suggested it might; running hard in the morning, followed by a pullback as profit-takers exited, and a subsequent bounce.

We saw PIHN run from its morning low of .0178, up to .0248, a 39% rip. It pulled back to bounce off of support at .015 and then hit .02, for another gain opportunity of up to 33%, bringing max gains on the day to more than 70%

Moving forward, we’d like to see PIHN hold support at .015 in order for us to remain interested. It will be interesting to see how another PR out this morning will factor into the equation:

DALLAS, TX, Mar 20, 2014 (eTeligis.com via COMTEX) Polaris International Holdings, Inc. (OTC Pink: PIHN) (PINKSHEETS: PIHN) is pleased to announce that it has completed an important agreement with GBISS, Inc. and its India based affiliates to begin project management and manufacturing of the Company’s exclusive Procannas(R) Cannatrol pharmaceutical grade core ingredients and sub-formulations. >> FULL PR

ML Captial Group, Inc. MLCG

We first mentioned MLCG on March 5th, and would shortly thereafter witness a low of .04. Since trading at that level, the stock has provided us with sizable chances for profit.

After calling out MLCG once again on Tuesday, we saw an intraday move of 36% as the stock traded in a range from .0544-.074.

It then followed up its appearance in yesterday’s report with quite a session as well, going on a 53% romp from .0653 to .0999. That high also represented an overall increase of 150% from the four-cent low we observed just six sessions ago.

MLCG will remain on our watchlist on the heels of yet another PR update released this morning, announcing that the company has found the first distributor for their SuperStar brand cannabis-vaporizing “pens”:

FOUNTAIN HILLS, AZ–(Marketwired – Mar 20, 2014) – ML Capital Group, Inc. (OTCQB: MLCG)  announces its continued development, growth and expansion in the medical marijuana industry and the commercialization of its SuperStar Vapor Pen products.

ML Capital Group, Inc. (“MLCG” or the “Company”) recently announced the upcoming publication of its SuperStar MMJ Recipes book, as well as integrating access to the book through its SuperStar MMJ Dispensaries smartphone application, both of which are expected to be launched in April 2014.

Today, the Company is excited to announce that it has signed its first major distributor to market and sell the SuperStar Vapor Pen. >> FULL PR

Extended Watchlist:
ISR, BGMD, SNTA, MNGA, BONE, SVA

Blue Horseshoe Stocks: PIHN, NGMC, MLCG

Polaris International Holdings, Inc. PIHN

We tagged PIHN in yesterday morning’s extended watchlist, with no idea that the stock would become the latest in a long line of companies that are jumping into the medical marijuana business.

Now, all of the sudden, a seemingly random stock that traded from .012-.0169 (+41%) yesterday, is now grabbing our attention for another reason.

If any of the other plays that we’ve seen take off on cannabis-related news are any indicator, the gain opportunities could continue to roll in. A predictable scenario could include the stock running off of this morning’s PR, pulling back as folks reap their profits, and following that with a subsequent bounce. A classic dip-and-rip would certainly not be out of the ordinary under these conditions, so we’ll want to continue to monitor PIHN as we cruise through mid-week.

PLANO, TX–(Marketwired – Mar 19, 2014) – Polaris International Holdings, Inc. (PINKSHEETS: PIHN) (OTC Pink: PIHN) is pleased to announce they have entered into an exclusive agreement with Longevity Holdings, LLC for the ProCannas® product line. The agreement grants the sole rights to sell, distribute and market the provisional patent-pending formulation of Longevity Holding, LLC cannabis oil. >>> FULL PR


Next Generation Energy Corp. NGMC

NMGC is another cannabis play with fresh news out today that we want to throw into the mix. The company has the intention to partner with an already-existing chain of marijuana dispensaries.

FAIRFAX, Va., March 19, 2014 /PRNewswire via COMTEX/ — Next Generation Energy Corp. (OTCQB:NGMC) announced today its major advancement into the Medical Marijuana industry. Darryl Reed, CEO of NGMC, said the Company’s wholly owned subsidiary, NextGen Cannabis Consulting LLC, has entered into a LOI with Highway 2 Health, Inc. (H2H). H2H currently owns and operates three dispensaries in the greater Los Angeles area and has extensive experience in the Medical Marijuana industry. >> FULL PR


ML Captial Group, Inc. MLCG

MLCG was another play from yesterday’s report to fare well off of some pot-related press, trading in a range from .0544-.074, an intraday move of 36%

Extended Watchlist:
AMZG, PLUG, WPCS, IDN, PSUN, IDRA, HTM, HZNP

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