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
