Today’s Focus: Medical Marijuana Stocks

Today, we are focusing on medical-marijuana related plays, as these high-flyers are really generating a buzzright now! Below is a listing of marijuana related stocks that we will be observing today. Upcoming ballot votes next month in Colorado, Washington, and Oregon to legalize marijuana have investors diverting their attention toward these related stocks. It is for that reason that we are poking our noses into it, making sure that we don’t miss out on any prime opportunities for gain.____

GreenGro Technologies, Inc. GRNH

Hemp, Inc. HEMP

Rapid Fire Marketing, Inc. RFMK

MediSwipe, Inc. MWIP

Medical Marijuana, Inc. MJNA

This is one that we’ve been tracking for quite awhile, so many of you will be familiar with MJNA. Yesterday the stock hit a high of .0755, after having been as low as .032 since we’ve been following. A gain of 136% was possible there.____

ADDED NOTE: We are going to be gearing up to introduce some brand new and exciting plays later this week, so be sure not to miss any of our publications.

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Extended Watchlist:

RENU, CFGX, EGCT, CGUD, BRND, NOOF, THLD, LXRX

BRND, MDHI & Extended Watchlist

Premier Brands, Inc. BRND

Late last week. one of the investors in our extensive network gave us a heads-up on an upcoming promotion for BRND, which prompted us to include it on our watchlist. Sure enough, this weekend, we found our inboxes flooded with promo material on the stock. Some of the same groups that covered IDOI and ran the stock from .29-.74 in five sessions, also seem to be involved here.

Like IDOI, we brought you BRND ahead of the crowd, with the stock trading as low as .65 on Friday.  Already premarket, the stock has traded over 150K shares, and hit a high of .775, leading us to believe that the party has just begun on this promotion, and we have handed everyone VIP tickets to the event! We could be in for another multi-day runner here.

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Medical Alarm Concepts Holding, Inc. MDHI

We first alerted MDHI on August 6th, at which time the stock was trading as low as .003. On September 19th, it hit a high of .0065, representing a possible gain of 117%

Also, for those who might have missed the exclusive interview with MDHI’s CEO, conducted by Stock Traders Talk Radio on Friday, you can listen here.

As we point out on the chart below, we are at a key support level, and it looks as if we are getting ready to see a nice bounce.

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Extended Watchlist:

RENU, CGUD, EGCT, PEIX, IGLD, BIOF, CLWR,

BCAP, PURE, DRWI, CGUD & Extended Watchlist

Baron Capital Enterprise, Inc. BCAP

BCAP had a momentum-filled day yesterday, trading nearly 100M shares, over 4X its 3mo average volume. The stock managed to maintain a higher low of .0008, and hit a higher high at .0012, where it ran into resistance as we pointed out in yesterday’s afternoon alert.

This is the chart from that alert, identifying key resistance levels, at .0012 and .002. On the flipside, should we see a pullback, we would like to see support hold at .0007.

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PURE Bioscience PURE

PURE was a nice addition to yesterday’s watchlist, opening up at 1.30, and running to 1.60 in the first fifteen minutes of trading. We then saw a pullback to 1.42, before it bounced up to 1.68 by one o’clock. The low of day to the high of day marks 29% gained intraday.

As you can see on the chart, a really sharp trader could have played this more than once yesterday, for cumulative gains upwards of 40-50%

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Dragonwave, Inc. DRWI

Another nice opportunity for a quick flip, DRWI opened at 2.44 on Thursday, and hit a high of 2.72 right out of the gate, in the first twenty minutes. It then pulled back to 2.45 before shooting back to 2.61 for a quick 11% gain.

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Com-Guard.com, Inc. CGUD

We began talking about CGUD around the midpoint of last month. After a backslide to .0016 which was reached the day before yesterday, the stock rebounded to close out Thursday’s session at .0034. Ranging from .0016-.0034 marks the possibility of up to 113% gained in just a 48-hour period.

A return to its 52-wk high of .0064 (reached one day prior to our initial alert) would mark nearly another 100% gain.

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Extended Watchlist:
MSLP, RFMK, MJNA, LXRX, BRND,

Baron Capital Enterprise, Inc. | BCAP | Midday Update

Baron Capital Enterprise, Inc. BCAP

We wanted to put out an afternoon alert on BCAP to congratulate those that were able to catch it off of our extended watchlist yesterday. The ones able to catch it in the .0006-.0008 range enjoyed the opportunity to cash in up to 100% at today’s high of .0012.

As we’ve pointed out on the chart below, .0012 is the key resistance area, followed by .002. If and when we see a consolidation, we would like to see support hold at .0007, but all in all, BCAP has performed incredibly well in just a one-day span. We will continue to keep this one on our watchlist.

AAPL, PURE, RAD, DRWI & Extended Watchlist

Apple, Inc. AAPL
Apple fared quite well on Wednesday.  The $650 October 20th Calls we mentioned were as low as 7.70, and hit a high of 10.30, making 34% possible in just the first hour of trading.We will continue to monitor these calls heading into earnings, and we feel that there will be multiple opportunities to profit, just as we’ve seen over the past few days.
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Rite Aid Corp. RAD

Everyone should be familiar with a household name like Rite Aid. The stock has been on something of a downtrend for the past month, and seems to be ready to bounce off of oversold territory. A year ago this time, it was trading in the .90-range, and ran as high as 2.12 by mid-March. Now that RAD has returned to a support level, we want to put it on our watchlist, as a longer-term play to follow in the coming months.

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PURE Bioscience PURE

PURE has recently begun an uptrend off of its 52-wk low of .90, which it reached just under a month ago.  As you can see from the included chart, the stock had traded between the 2.00-4.00 range for the majority of this year. Now that we are starting to see a rebound on this stock, we have a positive outlook that the stock will recover and trend upward over the next couple of months.

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Dragonwave, Inc. DRWI

DRWI is another big board play that just hit it’s 2.05 52-wk low on October 1st. Over the past few months, the stock has struggled to get above its 50DMA, currently sitting at 2.33. Provided a break past the resistance at that  level, we could see a nice breakout. That is precisely the reason we are adding DRWI to the watchlist this morning.


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Extended Watchlist:
LNGT, PPHM, PROT, PEIX, BIOF

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