Tag: COIN

HEMP, MJNA, GRNH & Extended Watchlist

It seems every time we mention our medical marijuana plays, they go on to fare extremely well. HEMP and MJNA landed us us on the Penny Stock Rumble yesterday after each stock had a heck of a day. In fact several of our cannabis stocks continued to run on Monday. It would seem they are all up significantly, so we’d surely urge caution for those just showing up to the party. Perhaps waiting on consolidation and some potentially lower buy-in prices would be most prudent in this instance. That said, take a look at what Monday’s coverage brought to us:

Hemp, Inc. HEMP

HEMP closed at its high of day offering an intraday move of 72% from .047-.081. That represents a gain of 265% from last months low of .0222.

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Medical Marijuana, Inc. MJNA

MJNA gave people a chance at 53% intraday gains on Monday, if you were able to get in at the open of .34 and out at the high of day of .50. The stock has provided us with the chance at 604% in total gains since we have first began covering it.

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GreenGro Technologies, Inc. GRNH

Yesterday, GRNH day’s range was between .0629 and .122 closing out the day at .12, offering up a 94% move intraday.

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 PHOT, MWIP and ERBB also deserved an honorable mention following Monday’s session, each giving us a chance for profits between 15-30% Here is a link to an article that states pretty much what we’ve been shouting from the rooftops for the past several months: Marijuana stocks are here to stay, and have begun to increase in popularity at a rate never before observed… and it’s only going to get better.

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Scout Exploration, Inc. SCXN

Moving along from cannabis stocks, we’d like to once again mention SCXN. We first mentioned this play back on December 17th, and it has been inching its way up. We wanted to re-enter the stock into our morning discussions on the heels of this morning’s PR. It would seem the company completed its acquisition of the IDS Oil Spill System that we’ve mentioned in previous reports from it’s developers.

ST. JOHN’S, NEWFOUNDLAND, Feb 05, 2013 (MARKETWIRE via COMTEX) — Scout Exploration Inc. (OTCBB: SCXN) has acquired the rights to an airborne, oil spill response system currently under development at IDS Offshore Inc., of St. John’s, Newfoundland.

Faster and more effective oil spill response represents a challenge and opportunity for the oil exploration, production and transportation industries.

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On the chart, we can see accumulation has begun to pick back up, and the RSI looks ready to pass up through the 50DMA. The PPO is crossing over, and the Slow STO crossed over its own 50MA into the power zone. Our previous high of .39, you can see, is acting as our major resistance hurdle, the breaching of which would send us into blue sky breakout mode.

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Extended Watchlist:
KWBT, COIN, ACLP, TELK, OPXA, DCTH, BCOM

AQLV, MJNA, SCXN & Extended Watchlist

 

Aqualiv Technologies, Inc. AQLV

After six consecutive days of gains, it seems that AQLV was due for a consolidation. The stock pulled back to .0068 on Tuesday, before rebounding to .009. To keep our interest, AQLV will need to maintain a support level of at least .0075.

Regardless of future action, AQLV has provided us with nearly 500% in cumulative gains over the past week, so we are marking this one down in the books as a win.

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Medical Marijuana, Inc. MJNA

We’ve been following MJNA and other medical marijuana plays since early this fall, when the issue was a hot topic during elections, giving a boost to investor interest.

The stock was trading in the .07-range when we first alerted it, before pushing as high as .16, gaining 126% back in November. It then came back to find support in the .07’s in the early part of December. Recently we’ve seen MJNA break through both the 20 & 50DMA’s and has been steadily increasing to current levels.

As you can see on the annotated chart below, conditions are looking rise for MJNA to continue its recent upward trend, with key resistance coming in at .162..

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Scout Exploration, Inc. SCXN

We first focused on SCXN back on December 17th, after which time we observed a low of .15. By the last week of December the stock was trading in the .23-range, and since the beginning of the year it has broken back above the 20DMA (.28), holding above that level.

We saw a high of .35 yesterday, marking an increase of 133% from the stock’s fifteen-cent low in under a month, though we think that could just be the tip of the iceberg. Once we see a break of the previous high of .39, things could really get interesting.

SCXN Video Chart (01/10/13)

SCXN Corporate Profile Video

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Extended Watchlist:
LWSP, SIOR, COIN, OCLG, ITMN, TTMI

WEST, THWI, ACI & Today’s Extended Watchlist

Westinghouse Solar, Inc. WEST

WEST appeared on our extended watchlist Monday for the first time, and the stock turned in a great performance. From the low of .211 to the high of .30, the stock managed a gain of 42%

It’s always nice when a pick pays almost instant dividends. We are certainly going to leave WEST on our active watchlist for the foreseeable future.

This, on the heels of Monday’s exciting announcement, stating that “CBD Energy and Westinghouse Solar Received 5MW Order From Australia’s Largest Whitegoods, Electrical Retailer, Harvey Norman, Commercial Division”

The Order for Five Megawatts exceeded the value of the company’s total shipments for 2011.


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Thwapr, Inc. THWI

THWI appears to be ripe for a rebound . We have been pounding the table on this play since last week, which was the perfect opportunity to get in cheaply as the stock had dipped to .026.

THWI has held a higher lows both days this week, at .029, leading us to believe that this consolidation period has almost run its course.

Yesterday the stock ran into a little resistance just shy of the 20DMA (.037), but once that level is breached, it would be no surprise to us if it were to continue on to test previous areas of resistance at .06 and .08, as we’ve pointed out on the chart below.

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Arch Coal, Inc. ACI

ACI continued its recovery yesterday, stacking up some additional gains from where we first spotted it in our alert at 6.07 on Monday. Yesterday’s high of 6.49 respresents a modest gain of 7% from our initial flag. As we stated in that alert, we are looking at this play more for its longer-term potential, however, we believe it has short-to-mid-term potential as well.

The stock closed above a key resistance point (the 20DMA of 6.43), which we view as a healthy indicator. We’d like to see ACI hold above that 20DMA, we will maintain our bullish opinion of ACI.

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Extended Watchlist:

   AAPT, ARNA, COIN, FEGR