PNCH, GNIN & Extended Watchlist

IC Punch Media, Inc. PNCH

PNCH made a decent move for us yesterday, running 20% from a low of .006 to as much as .0072, and solidifying itself a place on today’s watchlist. Yesterday’s session held higher lows and higher highs than the previous trading day, generally a bullish indicator.

BARCHART.COM is currently giving PNCH a “72% Overall Buy” Rating, and 100% on short term indicators.


Cannabis Stocks Still Popular
A couple of our marijuana stocks were on the rebound yesterday after we mentioned them in our morning alert. In fact, of the 8 stocks on our Hemp Stock Tracker on our blog at, only two failed to close green.

EDXC, which we’ve been tracking since Feb. 26th from a low of .04, closed at a new high of.105. At that price, 75-163% in gains have been attainable from the .04-.06 range when we first alerted the stock.

SKTO dipped to a low of .0031 in the first few minutes of trading on Tuesday, and then shot up to as high as .0058, marking a gain of 87% We then saw a pullback to .0038 before the stock ran back to .0055, for a bounce that added 45% in gains to our total. For having one day on our watchlist, SKTO has impressed us with its ability to produce multiple opportunities to profit. This is a play that we intend to monitor along with all of our other cannabis related stocks, a sector that has continuously met and even exceeded our expectations.


Green Innovations Ltd. GNIN

GNIN hit a high of 2.24 yesterday, following our re-alerting of the stock in the beginning of last week. We also put out a video presentation of the GNIN chart. That level marks a gain of 124% from the stock’s one dollar low reached last Tuesday following our alert.

We’d like to congratulate anyone else was able to capitalize on those gains.


Extended Watchlist:

STKO, PNCH & Extended Watchlist

SK3 Group, Inc. SKTO

SKTO dropped news regarding the acquisition of a cannabis-related company, sending the stock on a ride yesterday of over 480%

According to the release, SKTO added a significant amount to its bottom line, as the acquisition target is a company with  more than 12M dollars in licensing agreements.

With this new development, SKTO has effectively placed itself in the list of marijuana stocks that we’ve been monitoring for several months. We have been essentially scanning the entire sector continuously during that time, which has yielded us some sizable profits so far.

In case you might have missed a few here and there, this is a rundown of every single cannabis stock we’ve looked at recently:  PHOT, MJNA, CBIS, RFMK, ERBB, GRNH, MDBX, MWIP, TRTC, EXMT, EDXC. In addition to STKO, here are some other new stocks in the field that have caught our attention: FSPM, NRBT, GTLA, GWPRF, HESG, PARS, SRER, SFIO, NVLX.

MIAMI, FL, Mar 11, 2013 (MARKETWIRE via COMTEX) — SK3 Group, Inc. (OTC Pink: SKTO) today announces that it has acquired Medical Greens (TM) and has changed its business model to focus purely in the medical marijuana space. Medical Greens (TM) currently provides licensing, management, and logistic services for Medical Marijuana collectives throughout California. In 2013 alone, Medical Greens (TM) has already contracted over $12.5 Million in licensing and service agreements.


IC Punch Media, Inc. PNCH

PNCH (formerly ICPA) has been a focus of ours a few times on the years past, and has brought us huge percentage gains. The first run we ever observed from this play took it from triple-zero country all the way up over a nickel, so we are well aware of its track record for explosive gains.

Yesterday PNCH once again triggered our scanners as it broke a key resistance point at .005, an area on the chart that it has been struggling to surpass since November.  Up until that time, .005 had acted as support, and we’ve been waiting for a move back above it, and now that it has, we’d like to see that once again become the support level for the stock.


Extended Watchlist:

IDVC, SNDY & Extended Watchlist

Infrastructure Developments Corp. IDVC

IDVC appeared in our extended watchlists on March 4th & 5th, being as low as .001 at the time. Over the past three days, we’ve seen some pretty solid gains from the stock, and yesterday it closed just one tick below the HOD of .0025.

A key aspect of this week’s breakout was the breaching of the 200DMA at .0016, and we’d like to see that level hold as support moving forward. With the noticeable volume and momentum increase, IDVC has garnered itself a place on our watchlists heading into next week.

BARCHART.COM is currently giving IDVC a “56% Overall Buy” Rating


Solos Endoscopy, Inc. SNDY

Within the first two weeks of trading in the new year, SNDY was as low as .0024. By the end of February, we saw a high of .0087, representing a 263% move in 2013.

Following that big run, there was a consolidation, and we watched the PPS slip back to a low of .0036, this past Wednesday. That level is higher than the previous low from this year, and support held above the 100DMA, a positive sign.

Yesterday, the stock opened at the low of day (.0039) and closed at the high of day  (.0055). That move broke through the 50 & 200DMA, and put the close at the 20DMA. It is the apparent strengthening of the chart that has us watching SNDY for its next leg up. A break of the resistance here at the .0055 area is key, and the next patch of resistance comes at a recent swing-high of .0087.


Extended Watchlist: