Category: Uncategorized

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.

HEMP, PHOT, MJNA, CBIS, RFMK, ERBB, GRNH, MDBX, MWIP, TRTC, RIGH, EXMT, EDXC, SKTO, FSPM, NRBT, GTLA, GWPRF, HESG, PARS, SRER, SFIO, XCHC & NVLX.

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!

ACGX, CGRA & STLK | Today’s Stock Watchlist

 

Alliance Creative Group, Inc. ACGX

On Thursday we published a report on ACGX, and the stock traded its highest volume since the month of May (993131 shares traded).The stock was as low as a penny, and closed at .0145, for a really nice 45% intraday gain. On Friday the stock traded in a range between .012-.015, closing flat on the day at .0145. We like that it managed to maintain a higher low during Friday’s session, and while the volume was dwarfed by Thursday’s performance, the stock still traded more than twice the 3mo. average. 

Per the recent lifting of the DTCC chill that had been placed on ACGX stock, we feel that it was a sign of strength, and a show of the efforts that are being made by the company to move in a positive direction.

At Friday’s market close, the current market value of ACGX is a mere $126,885, a figure that we feel represents an undervaluation of the stock.

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CGrowth Capital, Inc. CGRA

CGRA first appeared on our long-term watchlist on Friday, October 26th. Having been as low as .08, we witnessed a subsequent high of .13 this past Friday, for possible gains of 62.5% in the span of one week.What we feel is one of CGRA’s main selling points, is the recent addition of Jason Otteson to the company in an advisory and investment capacity, as outlined in the press release that hit the wires on the 26th (below). His involvement is a definite boon, as his appearance in “Gold Rush” exposed him to be a very savvy and resourceful individual. We think that his role should not be understated, as we were really impressed with what we’ve seen of his capabilities and business acumen.  
 
SILVERDALE, Wash., Oct. 26, 2012 /PRNewswire via COMTEX/ — CGrowth Capital, Inc. (Pink Sheets: CGRA) is pleased to announce that Jason Otteson and Noble Mining, Inc. have joined the Company as a corporate advisor and investor.

The Company recently announced its transition into the mining and precious metals industry. The addition of Noble Mining, and the insight and contacts of Noble Mining’s Jason Otteson, is a big step forward in growing the business and executing on its business plan.

“We are extremely pleased with this addition to our team,” stated Bill Wright, CEO of CGrowth Capital, Inc. “We met several times with Noble Mining to make sure it was a good fit for both parties. Jason Otteson and the Noble Mining team are quality people with good business sense. We could not be happier about the outcome and believe the relationship will play a big part in accelerating our business plan and building shareholder value.”

Jason Otteson, who has been featured on Discovery Channel’s hit show Gold Rush for two seasons is the founder of Noble Mining, Inc. The 3rd Season of Gold Rush airs on Friday, October, 26th at 7:00 CST. Discovery’s Gold Rush is one of the top shows on TV.
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STL Marketing Group, Inc. STLK

October 22nd marked the first appearance of STLK in our newsletters. At the time we saw a massive run from a low of .006-.0249, representing gains of 315%

Since that surge, the stock has consolidated on reletively light volume. Friday’s low of .008 is close to where we began following it a couple of weeks ago.

There has been quite a bit of new information and filings beginning to appear from STLK, and we expect to see the stock upgraded to ‘current’ status on OTCMarkets.com any day now.  

We would not be surprised to see another run out of this play when current status has once again been attained.

 

VPER, EMWW & Today’s Extended Watchlist

Viper Networks, Inc. VPER

Over the past four trading sessions, VPER has acheived higher highs and higher lows, reinforcing our assumption that the stock is currently running with the bulls.

All the indicators are lining up for another breakout pattern this midweek; we prepared a quick video chart below which outlines this.

Other groups out there cover plays for a day or two where it serves their own interests, whereas we stick to our guns, following stocks for months on end, continuously watching and waiting for the best opportunities for everyone. VPER is no exception to that, with the most recent run providing traders who happened to get in at the low of .0016 with gains on the order of 75%

BARCHART.COM is currently giving VPER a “Buy” Rating

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Structural Enhancement Technologies Corp EMWW

Here is another example of a stock that we’ve stuck with through thick-and-thin, having first mentioned the play on April 30th. We saw it priced at .004, after which time it ran as high as .0125 (Up to 213% gained).

We then observed a pullback to .0052, however, things are beginning to heat up once again, with yesterday’s closing price coming in at .0098 (88% gained from .0052)

Breaking through key resistance at .0125 would effectively put us in Blue-Sky Breakout territory.

BARCHART.COM is currently giving EMWW a “Strong Buy” Rating

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Yesterday we outlined options on ADSK ($33 July 21st Calls)
From the open at 1.57 to the high of 1.89, was a possible intraday gain of 20%
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Extended Watchlist:
ATRN, AAPT, GMXS, CQPT (High-Risk Promo/Momo Alert)