Blue Horseshoe Stocks: Cannabis Stocks & More

Cannabis Stocks

We’re going to kick off this Wednesday morning with a number of pot stocks to discuss. As conditions in the sector continue to normalize after the frenzy that took place early this year, there are still many opportunities that have been presenting themselves, as well as a good many storylines to follow. Here are a few of the plays that have our interest piqued at the moment:

Advanced Cannabis Solutions, Inc. CANN

We’ve been tracking CANN since January 8th (from a low of 6.31), and had been beyond pleased when the stock transformed into a raging beast, hitting 35.88 on Friday. After congratulating our readers on those possible gains of 469% on Monday, we’ve now seen even further strides from CANN. It dipped to 31.45, and ran an additional 46% as of yesterday’s 46-dollar high. From our initial alert, yesterday’s high-of-day represented an overall move of 629% Not too shabby for a time period of less than two months!

Alternative Energy Partners, Inc. AEGY

We began following AEGY closely on January 27th, at which time, we observed a stock at .0036 which would go on to run up to .0119 for a possible gain of 236% just five days later. Since then, AEGY had been gradually consolidating, and reached a low of .0046 on Monday. With the help of an exciting merger PR yesterday, the stock turned around and ran back up to the .0089 level (+93%).

Making things even more interesting, is the fact that the company that intends to merge with AEGY is one that we are familiar with, in SKTO. The resulting entity will surely be a company that we’re going to want to follow closely.

LOS ANGELES, CA, Mar 04, 2014 (Marketwired via COMTEX) — Alternative Energy Partners, Inc. (OTCBB: AEGY) (OTCQB: AEGY), doing business as PharmaJanes(TM), and SK3 Group (OTC Pink: SKTO), doing business as Medical Greens(TM), announce that their respective Boards of Directors have agreed in principle to merge the two companies for better market efficiencies and to create a single medical marijuana market support company which can qualify for a higher (AMEX, NASDAQ) market listing. >> FULL PR

Medican Enterprises, Inc. MDCN

Here’s another medical marijuana play that started to break out yesterday, one that we’re going to want to watch as we cruise through mid-week. Interest stems from a 8K-filing dated 01/21 that outlined an agreement MDCN had formed with two cannabis-related companies that will be assisting MDCN in obtaining licensed-producer status from Health Canada in hopes of entering into the Canadian medical pot business. Never having traded this high, it’s fair to designate MDCN as being in Blue-sky Breakout Mode, so caution should be employed, however, the chance for momentum to carry this stock even higher is certainly present.

ML Capital Group, Inc. MLCG

Per a 02/28 press release MLCG recently announced that it would be expanding their cannabis-related activities when they patented the name “SuperStar Vapor Pens.” In that release, it stated that it had begun an “aggressive sales campaign to launch this new product line during the next two months” and that the company had “already received verbal commitments with two major distributors to carry SuperStar Vapor Pens and sell them on a national level” According to MLCG, we can expect news of the finalization of those purchase orders by next week, so MLCG is one that we’ll be putting on our radar at least until that time.

Triton Distribution Systems, Inc. TTDZ

Another of our recent favorites in the sector, TTDZ, has news out this morning that we wanted to pass along:

WINNETKA, CA, Mar 05, 2014 (Marketwired via COMTEX) — Green Cures Inc. and Triton Distribution Systems, Inc. (OTC Pink: TTDZ) is pleased to announce the acquisition of FutureMarijuana.com and its Online Network Portfolio. The acquisition of this portfolio is of significant value to Green Cures Inc. presently and in future operations.

Green Cures, Inc. management decided to add additional partnerships that will enrich its business resources, including those with licensed agricultural cooperatives in the state of Colorado; as well as, production, marketing and distribution of Cannabidiol (CBD) products labeled “Green Cures”. >> FULL PR


Kandi Technologies, Inc. KNDI

Now to shift gears away from pot stocks, we have yet another success-story to point out. We first came across KNDI last summer when it was trading at a low of 4.41. The stock hasn’t done any backsliding since then, and in fact, has continuously pushed the envelope to present levels ($18-range), which are incidentally 325% higher than that all-time low.

Even the gains from our most recent alert of KNDI (Feb. 10th, low of 13.02) as of yesterday’s 18.75-high are impressive, standing at 44%


Suburban Minerals Corp. SUBB

While we didn’t see a monstrous breakout from SUBB yesterday, the stock did register modest gains, closing up just over 4% on the day, on roughly twice its 3-month average volume. We’re still looking for a break of recent resistance at .19, and will need to see support continue to hold above .165.

As we stated yesterday, if SUBB can break out of this channel, we feel that it could easily run back to test recent highs in the .24-.27 range.


Extended Watchlist:
FCEL, BLDP, DARA, ZBB

Blue Horseshoe: Suburban Minerals Corp. | SUBB Report

Suburban Minerals Corp. SUBB

We’ve got a new interest to go over with you this morning, and the potential for rapid gains has us pretty excited. SUBB is a busy development-stage mining company that is on the straight-and-narrow when it comes to executing their ambitious plans. While we do note the highly-speculative nature of this particular play, the potential rewards are too sizable to ignore.

SUBB has been in the process of acquiring mineral rights to a Central African Republic diamond concession that, if successful, would catapult this fledgling company to “producing” status relatively quickly. Following updates on the status of that project, we also learned that the company is in the process of choosing an investment bank to facilitate the associated financial requirements of the deal.

“We are coming to the conclusion of the diamond concession acquisition and it is important to have all the elements in place and hit the ground running,” said President/CEO Tim Sperling

SUBB only recently woke up and began trading at the beginning of 2014, and the rapid swings made by the stock since then show an extremely volatile stock.

It is that volatility that we find desirable. In our endless pursuit of the next winning trade, we constantly run across stocks of this nature, which, when properly timed, can afford traders premium chances at quick-strike profits.

Just look at the recent history of the SUBB chart for example. In the roughly two months that the stock has been trading regularly, it has swung from the low-to-mid-teens into the mid-to-upper-.20’s no less than four times, and we are luckily coming across it on the heels of the most recent consolidation. It has just begun to pick up once again, so we want to keep a close eye on SUBB, putting it on intensive watch to continue that momentum into another sustained run.

SUBB reached a bottom just above .15 on Monday, and yesterday, achieved higher lows and higher highs. We are looking for higher lows and higher highs again today to confirm that we’re in the midst of the next uptrend. Ideally, we’d like to see SUBB break through the recent resistance point at .19, and for support to hold above .165. If the stock were to test its previous swing high at .24, it would mean an increase of 40% or more from current levels, so we’ll be keeping SUBB on our radar due to its potential for rapid short-term gains.

VIDEO CHART:


RECENT PRESS LINKS:


More Information:
www.suburban-minerals.com