RMTI, PHOT & Extended Watchlist

Rockwell Medical, Inc. RMTI

We mentioned RMTI in Friday’s extended watchlist, and it turned out to be a good decision on our part. After opening at a low of 8.75, the price surged ahead to touch 10.20, marking an opportunity at intraday gains of up to 17%

We’re going to leave RMTI on our radars as we kick off a fresh week of trading, as the stock appears to be gapping up this morning, (presently above Friday’s high, trading at 10.50 premarket). The stock also traded high volume on Friday, so we want to monitor the situation for any further gains the current flux of momentum might provide.


Growlife, Inc. PHOT

PHOT had a good day on Friday as well, breaking a recent double-top, posting gains on increased volume. The stock hit a high .0477, which from the low following our most recent mention of this play (.0318), represents a 50% move.

We’ve got this and other marijuana-related stocks on continuous watch since the USDOJ announcement that the federal government would not be interfering with individual states that have voted to legalize the plant for both medical and personal use.


Extended Watchlist:
EXMT, IGLD, INO, BZ, ZQK, GOGO

FB Calls, PLUG, LTCHD, INO, GRPN & Extended Watchlist

Facebook FB Options

Many of you will recall Wednesday’s report, wherein we outlined our interest in the FB 9/13 $41 Calls. As you can see on the chart below, after a quick spike they mostly tapered back, to a low of 1.29, before surging as high as 2.04 yesterday afternoon. That move represents a 58% gain.

With FB closing at 42.75 yesterday, it appears to be gapping up this morning, having last traded at 43.25 pre-market. Provided this upward trend continues, we could be looking at even further profits as we head into next week’s expiration date.


Plug Power, Inc. PLUG

After an appearance on yesterday’s watchlist, PLUG  appears to be gearing up for a move. The stock traded at a low of .572 yesterday, and appears to be gapping up today, currently trading at the .66-level.

PLUG has brought us big gains in the past, which is a large part of why we are monitoring it so closely at present. Back in February we followed PLUG coming off of its 52-week lows as a bounce play from the .125-area, which have obviously led to triple-digit gains.

We’ll be watching PLUG to maintain support at a previous swing high of .55, and the next key level of resistance is going to be at .76.


mCig, Inc. LTCHD (Soon to be MCIG)

LTCHD continued to line our pockets on Thursday, with a 52% intraday move from the daily low of .171 to its new high of .26. Remember, on Wednesday, the stock provided us with a chance at 92% in gains in a run from .12-.23. Overall, a buy at the low following our alert and a timely exit at its peak would have amounted to a profit of 117%


Inovio Pharmaceuticals, Inc. INO

We were looking at INO a couple of weeks back as it was rebounding from a recent consolidation, and the stock was around 1.60. It looks as if it is continuing its recovery today as it is trading pre-market at 2.17, a rise of 36% from Friday the 23rd’s low.


Groupon, Inc. GRPN

We first started talking about Groupon this spring at around the 6.00-range. We followed up with an early August mention upon a good earnings report, and we saw highs in the 11.20’s. After receding back to 9.27, the stock is currently trading once again at the 11.00-range.


Extended Watchlist:
RMTI, ZQK, VVUS, FSLR, EGLE

LTCHD, EDXC, PVEN, FB & Extended Watchlist

mCig, Inc. LTCHD

We put LTCHD up on yesterday afternoon’s Extended Watchlist, and are entering it into the discussion this morning as a new play on our marijuana-related stock radar. The company has recently transitioned to a new name, from Lifetech Industries to the current mCig. Along with that change, the company effected a 10-for-1 forward split.

For people who already owned shares prior to the restructuring, those shares were subject to a routine hold, which can take 3-5 days for the position to become free-trading. So we are on the lookout for a pullback this mid-week as that occurs, and people attempt to lock in profits by selling their shares into the market.

From there, we’ll be on the lookout for a bottom, and subsequent bounce.

The company falls under the marijuana stock category, as they are preparing for the rollout of their first mCig product within the next month. The company will be looking to capitalize on the legalization of marijuana in two states, as well as the growing popularity of “vapor pens” which vaporize cannabis concentrates for consumption.


BELLEVUE, WA, Aug 28, 2013 (Marketwired via COMTEX) — Lifetech Industries, Inc. (OTCBB: LTCHD), announces today that it has changed its name to mCig, Inc. and completed a forward stock split on a 10-for-1 basis.

On August 2, 2013, the Company’s Certificate of Incorporation was amended and restated to effect the name change and the forward stock split. The name change is part of an initiative led by incoming CEO Paul Rosenberg to reposition the company and its technology by launching a new consumer product, the mCig — a purpose built loose leaf eCig that will be launched next month.

mCig’s CEO, Paul Rosenberg, commented: “With the name change complete we can now focus on the next chapter of our business development targeting two long-term secular trends by developing consumer products that are exciting and disruptive. We will be updating our shareholders shortly with more information on our first product the mCig which will be launched in Q3 2013.”

The name change and the forward stock split were also approved by the Financial Industry Regulatory Authority (“FINRA”). The name change and forward split will be effective for trading purposes on the open of business on Thursday August 29, 2013. The new symbol will be (LTCHD) for 20 business days until September 27, 2013 when the symbol will change to (MCIG).


ENDEXX Corp. EDXC

EDXC is another medical marijuana play that we’ve been covering for quite some time. It also appeared in Friday’s report that revisited our interest in many cannabis stocks. Since that time, EDXC has traded from a low of .055 (Friday) to yesterday’s high of .097. That works out to a two-session move of 76%

Congrats to anyone who was able to take advantage of that timely alert, and be sure to check out that report containing all of our marijuana interests, as the entire sector was given a morale boost via last week’s US Department of Justice announcement that the federal government would not be interfering in individual states rights to make marijuana available to their citizens for both medical and recreational use.



Press Ventures, Inc. PVEN

PVEN has experienced an abnormal burst in volume over the past week or so, and yesterday’s volume exceeded the three days’ prior combined. Given that the stock wasn’t really trading up to that point, we have reason to suspect that PVEN could be the subject of an upcoming promotion. This out-of-the-blue volume explosion could be a result of front-loading, and so we are placing this stock on watch for any major price movements that could occur.

We also exercise the utmost caution when dealing with plays that have promotional activity going on behind the scenes, and this instance is no different.


Facebook, Inc. FB Options

FB has recently been pushing its 52-week highs (Hit 42.26 on Friday), so we are looking at how to capitalize on the trend via options trading. The 09/13 $41 Calls (closed at 1.57 yesterday) are of great interest to us, because if FB can breakout to $45 by next Friday, we could be looking at multi-bag gains from these contracts.


Extended Watchlist:
RMTI, INO, ZLCS, CYTK, STXS

BRND | Momentum Play & Extended Watchlist

Premier Brands, Inc. BRND

We are taking a look at BRND this morning, following yesterday’s revelation that the company would be tied to former basketball star Dennis Rodman via a new brand of vodka that the athlete began tweeting about yesterday following market close.

The secret was already out in a PR released by the company yesterday morning, and a feeding frenzy to acquire the stock ensued, sending the price from a low of .0014 to .0039 where it closed with strength, just one tick below the .004 high-of-day.

Rodman’s vocal Twitter outreach is likely to attract an even wider audience than the company’s press release, so we want to watch BRND closely today for a possible continuation of the momentum that began building yesterday.


Here are few articles on the new vodka from various large outlets as they began picking up the story:
USA Today
Fox News
NBC Sports
Yahoo!


For More Info Visit the BRND Website @ http://premierbrandsinc.com


Extended Watchlist:
SCLR, RMTI, BRD, GSS(Coming off of lows),

HEMP, MJNA, CBIS, XCHC & Extended Watchlist

We’re continuing our medical marijuana coverage this morning, after the cannabis related stocks we mentioned on Friday each turned in a fine performance. We had a sizable influx of new subscribers over the weekend, so we’d like to take this opportunity to welcome all of our new friends and thank you for your support. You made a great choice when you signed up, and we will do our best to ensure that you are able to reap the rewards.
___

Each of the following stocks appeared on Friday’s report, and subsequently had a good session on Friday, but our coverage of these plays began way back in the fall, and in that time, have been very impressed with the results. Just look at the gains we’ve made from these cannabis stocks:

Medical Marijuana, Inc. MJNA

MJNA has traded in a range from .071 to .35 since we began following the stock, giving us the chance to rake in over 390% in profits.
___

Hemp, Inc. HEMP

HEMP took a mere four sessions following our original call to run from .027-.09 this fall, and more recently saw a low of .0222 (Jan. 7th) before hitting a high of .051 on Friday, for an opportunity at another 130%
___

Cannabis Science, Inc. CBIS

In the time since we first talked about CBIS, we’ve observed a range of .04-.099 (+148%).  Last week, CBIS was as low as .048 before hitting a high of .0749 on Friday for an added 56% in gains.
___

X-Change Corporation XCHC

XCHC is the newest among these to appear in our reports, and also had a killer week. It promptly gained 178% from .0521-.145 after we added it to our list of marijuana stocks last Monday.
___

Other stocks we’ve recently covered in this rapidly expanding field which have also made tremendous gains for us include: GRNH, ERBB, MWIP & PHOT. We’ve definitely gone over many of the most popular hemp plays on the OTC Markets, however, we’ve managed to root out a couple new ones to add to the mix. Allow us to also submit LATF and TRTC for your consideration. That brings our tracking list up to 10 stocks in one of the hottest, most cutting-edge market sectors of our time. For those of you who are indeed new to our mailing lists, you showed up during one of the most exciting periods in our more than ten years reporting on hot penny stocks.  
__

Extended Watchlist:
PPHM, KERX, RMTI, SONS, PEIX, BIOF, MOBI, ETRM

Get Our FREE Daily Reports!