Cannabis Stocks, OXBT, SEED & Extended Watchlist

Continuing Cannabis Coverage

We mentioned yesterday that despite some slight pullbacks in a few of our marijuana-related stocks on Friday, that we had better be on the lookout for rebound action. There were definitely some opportunities for that provided by some of our favorite ‘pot stocks’. The majority of the sector did indeed experience further gains, and we certainly saw tons of volume on all accounts. Here are a few of the more stand-out performances from this sector that we have been tracking heavily for an extended period:

GreenGrow Technologies, Inc. GRNH

GRNH continued its multi-day run on Monday. This was one of the ones that did not pull back on Friday. GRNH has been on a strong uptrend since we caught it toward the end of last week as it was trading at .045, and as of yesterday’s high of .185, the stock had given us the chance to make up to 311% in profits in just three sessions.

GrowLife, Inc. PHOT

We’ve seen a low of .157 out of PHOT so far in 2014, and yesterday the stock continued to push upward, touching .239. That marks a solid 52% move since last Thursday.

Tranzbyte Corp. ERBB

ERBB saw a low of .0026 before surging as high as .0035, marking an intraday move of 35% on almost 10X its average volume.

Terra Tech Corp. TRTC

TRTC made a nice move on Monday as well, trading from its daily low at .157 up to .185 for a 16% intraday gain. This came on roughly three times the average volume.

Creative Edge Nutrition, Inc. FITX

FITX managed a gain of 15% on nearly 4X its 3mo. average volume, as it traded in a daily range from .0054-.0062


Oxygen Biotherapeutics, Inc. OXBT

We liked the session put up by OXBT following its inclusion in yesterday’s extended watchlist. The stock made a solid 15% move from 5.5788 up to 6.44 on heavy volume. We’ll continue to keep an eye on this play moving forward. The company has news out today, announcing a couple of upcoming conference appearances.

MORRISVILLE, N.C., Jan 07, 2014 (BUSINESS WIRE) — –Biotech Showcase(TM) 2014 on January 15thOxygen Biotherapeutics, Inc., (NASDAQ: OXBT) a specialty pharmaceutical company focused on developing and commercializing a portfolio of products for the critical care market, today announced that it is scheduled to present at two upcoming healthcare investor conferences in San Francisco.

Oxygen Biotherapeutics’ Chief Executive Officer, John Kelley will deliver a Company presentation at the OneMedForum on Monday, January 13th at 11:30am and the Biotech Showcase(TM) 2014 Conference on Wednesday, January 15th at 11:30am. Mr. Kelley will provide an update on the business operations, including the acquisition of certain assets of Phyxius Pharma Inc. and the development and near-term commercialization of levosimendan to prevent and treat cardiac surgery patients at risk for developing low cardiac output syndrome (LCOS).


AmeraMex International, Inc. AMMX

AMMX first appeared in our extended watchlist last Monday, and once again yesterday. During yesterday’s session we observed as the stock traded in a range from .0064-.0085, a 33% move. From last week’s low of .0047, that’s a gain of up to 81%

AMMX closed at the .0085 high of day on greater-than-average volume. Couple that fact with some of the indicators on the current AMMX chart, and this shows itself as a momentum play of great interest for the remainder of the week.



Origin Agritech, Inc. SEED

Another interesting pick from yesterday’s extended watchlist was SEED. The stock traded in a daily range from 2.15 up to 2.67 (+24%), and finished on a strong note 2.56.  We can see that SEED is gapping up this morning, with premarket trades going off as high as 2.95. We’ll be eager to see how much more this play can continue to push the envelope.


Extended Watchlist:
PLUG, NBIX, STXS, VRS, RIBT, OCLS, HEB

BOSC, PSUN, ETAK, TGRO & Extended Watchlist

BOS Better Online Solutions Ltd. BOSC

Pacific Sunwear of California, Inc. PSUN

& Elephant Talk Communications, Inc. ETAK

Each of these three stocks traded up on unusually high volume on Friday after appearing in our Extended Watchlist, and wrapped up what was a very successful week of trading.

BOSC tapered back from opening above 9.00, and found its bottom at 7.9001. The stock then proceeded to rebound, bouncing back as high 8.80 for a nice 11% intraday gain on more than 10X the 3mo. average volume.

PSUN increased steadily all day on Friday, running from 2.92 to 3.44, good for a gain of 18% on roughly six times the 3mo. average volume.

ETAK saw a low of 1.01 on Friday, and enjoyed a respectable 17% gain to a high of 1.18, besting its average volume by more than 4X.


Tiger Oil & Energy, Inc. TGRO

We caught TGRO on a scan for plays with unusual activity, and thought we’d mention it this morning. This is a stock that was trading by appointment only for quite some time, that has sprung to life all of the sudden.

This comes shortly after a recent press release citing a proposed partnership with Toto Energy, LLC, wherein the two companies would undertake a joint venture of drilling up to three gas wells, in which TGRO would have a 30% interest. >>>More on the Joint Venture


Extended Watchlist:
RDCM, ADXS, UQM, HEB, ROSG, YRCW, GERN, BIEL (Coming off bottom with news)

VLCK Options, OWOO & Extended Watchlist

VCLK Options
Last Monday, we were taking a look at the VCLK Options chain, specifically the $21 09/21 Calls. Following that report we observed a low of 1.10. By week’s end we observed an increase to 1.40 on Friday.

While we have not seen a power-move from VCLK as yet, with almost a month remaining until the expiration date on these contracts, there’s still plenty of time for that to occur. Especially the stock can continue to fill the gap on the chart (as we’ve pointed out below), the 09/21 $21’s could be pushed significantly deeper into the money by the the third week in September rolls around.

So far it has done a good job of posting higher highs and higher lows, and stairstepping its way toward those 50 and 200DMA’s at 23.38 and 24.00 respectively. We’ll be following along as it continues its recovery.


One World Holdings, Inc. OWOO
OWOO is coming off recent 52-week lows, and the company sent out a PR this morning containing some exciting news. They’ve retained the services of Steve Varner for the 3D sculpting of its planned line of celebrity dolls. Designing of two lines of Teenage Mutant Ninja Turtle action figures for Playmate Toys are among Varner’s notable acheivements.

It’s always interesting to observe the behavior of a stock that is coming off of its annual lows, especially one with untraded-upon news, so OWOO is going to be an area of interest for us as we kick off this new trading week.

HOUSTON, Aug 26, 2013 (GLOBE NEWSWIRE via COMTEX) — The One World Doll Project, subsidiary of One World Holdings, Inc. (OTCBB:OWOO) announced that it has partnered with Steve Varner of Varner Studios for all 3D modeling and sculpture work on its upcoming line of celebrity dolls.”When we first partnered with Steve Varner during the development of The Prettie Girls! Dolls, we immediately understood why his name is associated with so many successful toy products including Star Trek, Lara Croft Tomb Raider, The Teenage Mutant Ninja Turtles, McDonald’s Happy Meals and more,” said Joanne Melton, CEO of One World Holdings. “His work has always been of the highest quality and we are thrilled to once again have him as a part of the One World Team,” she added.

For more information on Steve Varner and Varner Studios log onto www.varnerstudios.com


Extended Watchlist:
IWEB,  AVNR, HEB, CGEN, INO, SUNE

Medical Marijuana Round-Up Report Vol. IV

It’s time again for yet another installment of our Medical Marijuana Round-Up Report, when we take a look at all of the plays that we’ve been tracking for the past several months in the rapidly burgeoning cannabis industry. Since early this fall, we have been able to achieve incredible percentage gains from this group of cannabis stocks:

Hemp, Inc. HEMP

When we initially began covering HEMP, the stock was as low as .027. It made a solid run all the way up to .09 before consolidating to bounce off of .037, at which point we saw another jump to .065. Consolidation occurred yet again, however it has rarely dipped below our price at coverage initiation of .027.

Yesterday, the stock surged as much as 37%, running into resistance at the 50DMA (also the HOD) of .037. It ended up closing at .034, a 23% gain on the day. In order to see some added gains here we need to breach the 100 & 50DMA’s at .036 & .037.
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Medical Marijuana, Inc. MJNA

MJNA has been a freight train over the past several days; we’ve seen positive moves every single day this week. Having broken through it’s previous high in the .16’s on Wednesday, the stock entered blue-sky breakout mode, and has traded extremely high volume over the past three sessions.

There is a lot of momentum in this stock, however when we do see a pullback, we’d like to have the previous resistance level at .162 hold as a future level of support. Below that, we have the 20DMA as support at .14. Volume of this magnitude for the latter portion of the week, is sure to spill over into Monday, so it is highly likely that MJNA will be at or near the tops of our watchlists.

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Cannabis Science, Inc. CBIS

The first time we mentioned CBIS, we saw a 150% spike from .04-.10. Since then it has held support at .048, and yesterday we had a high, momentum-fueled bounce. The stock broke through the 20, 50 & 100DMA’s and ran into resistance at the 200DMA of .06, where it closed. That represents a gain of 25% from our recent support level.

CBIS is originator the Phytiva line of hemp-based products that was recently acquired by our next big winner, XCHC.

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X-Change Corporation XCHC

We began talking about XCHC on Monday, having not dropped our focus from it all week, and were duly rewarded for our persistence. Monday’s session brought a move opened from .0699 to .079 (+13%), pulled back to a low of .056, before running back to .0699 (+25%), bringing in a total of 38% on our first day of coverage.

On Wednesday it saw a low of .0521, and surged rapidly yesterday to hit a high of .075, representing an added gain of 44%, and bringing our cumulative gains for the week to a very respectable 82%

Yesterday’s News:

DALLAS, Jan. 31, 2013 /PRNewswire via COMTEX/ — X-Change Corporation (OTCQB:XCHC), a U.S. publicly-traded company, through its European joint venture with Dupetit Natural Products, GmbH, announces that within one week the Company will move into the testing stage of development of its unique hemp-based Phytiva brand of products, as the Company prepares to bring these products to European and North American markets.

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Foy-Johnston, Inc. FOYJ
While not cannabis-related, we had to make a quick mention of FOYJ, our point of focus for yesterday’s session. We began monitoring the stock on Jan.14-15th when it appeared in our extended watchlist with a price as low as .0006.

Yesterday FOYJ gapped up to .0019 from the previous day’s close of .0014. It ran to .0024 before it dipped to low of .0013, and followed that with a bounce as high as .0018. For the ones lucky enough to catch the .0006 bottom, you could have been looking at gains in excess of 300% at yesterday’s high. During that process, savvy timing on subsequent bounces could have brought gains of as much as 65%

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Extended Watchlist:
APPA, MYRY, ABIO, TSYS, HEB, PACD, SIPC

HEB, PEIX, BIOF & Extended Watchlist

HEB is new to our report this morning; we wanted to point it out due to a chart that  On Monday, the stock pulled back below the 100DMA for the first time since July. From July-Sept. HEB ran from .262-1.10, for chances at gains on the order of 320% We are keeping an eye peeled for this one, as we would be glad to take even a fraction of that kind of profit, should the stock break out again.

We’ve seen a chart phenomenon known as a Fibonacci retracement (50%). We’ve identified the key level of resistance as .68, which coincides almost exactly with the 100DMA of .67. A break past this point could be the key that unlocks much heftier gains.

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Pacific Ethanol, Inc. PEIX &

BioFuel Energy Corp. BIOF

We wanted to revisit our old favorites, ethanol plays BIOF and PEIX. We have grown accustomed to mentioning these stocks in the same breath, as we have observed that they trend together quite regularly.

We noticed these familiar stocks on our scanners yesterday, and saw them beginning to heat up once again, each testing their 50DMA’s. We want to keep these two near the top of our watchlist. Our experience with these stocks in the past has brought us highly substantial gains.

BIOF CHART

PEIX CHART

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Extended Watchlist:
BCCI, YMI, CLWR, ELAY, AZFL, APDN, DSTI, PFNI, 

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