Alliance Creative Group, Inc. ACGX
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CGrowth Capital, Inc. CGRA
Hemp, Inc. HEMP
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After the success of many of the stocks included with our first focus on medical marjuana plays back on October 16th, we thought we’d revisit this currently hot market sector. Our report yielded cumulative gains of 885% as we are about to outline in today’s follow-up. With the presidential elections drawing near, the hemp and medical marijuana industries have become more of a focal point than in the past, partly as a result of the question of legalization being at issue in several states. In addition, more and more investors are realizing that the road is indeed headed toward positive future growth for related industries.____
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Since October 16th, HEMP was as low as .027, and subsequently hit a high of .09. Another big winner that provided us with some sweet gains, in this case, on the order of 233%
Now that the stock is consolidating off of that epic run, we are watching closely for any potential bounce-play opportunities.
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GRNH made its own run following the report on the 16th from .013 to a high of .045. Another whopping gain which equates to 246%, rounding out a trio of absolutely huge gainers afforded us by our first medical marijuana round-up report.
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We mentioned the plays from the round-up report that had some real success, and while CBIS did not appear in that particular report, we have been watching and talking about it for quite some time. After having observed a low of .0305 in late August, we watched it proceed to bounce around nicely, making higher highs and lows on it’s way up to a key level of resistance at .0573 that it has been testing of late.
We’re really looking at this stock for any opportunities that may present themselves, as it recently broke through both its 20 and 100DMA’s. We’d like to see it hold above those levels.
The RSI is beginning to rise, pointing North toward the powerzone, while the Slow STO and PPO have both crossed, and are diverging. In addition we can see that the blue bars on the histogram have flipped up to the bullish side, so as it would seem, many indicators are suggesting that we keep CBIS on watch.
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Even More Med. Marijuana Stocks to Watch: CLMP, ERBB, MWIP
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Extended Watchlist:
STLK, AZFL, CGRA, EGCT
Yesterday we saw MJNA hit a high of .143. The low since we first alerted this play was .032, marking whopping gains of well over 300% Following last Tuesday’s re-alert on the stock, it is up nearly 100%
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HEMP was as low as .027 on last Tuesday. This week we saw the stock touch .09 twice, 233% above last week’s low. That makes two of these medical marijuana plays from last week’s special report that have performed extremely well for us.
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CGUD started to heat up yesterday, hitting .004, after having been as low as .0017 on Friday, Oct. 19th. That marks a gain of 135%, and just adds to the amount of huge successes that we’ve brought forth over the past few weeks.
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We are adding CGRA to our long-term watchlist, while recognizing its short-term benefits as well.
We wanted to highlight the news on CGRA, both yesterday’s business update, and today’s PR which is pretty exciting:
SILVERDALE, Wash., Oct. 26, 2012 /PRNewswire/ — 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.
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. >> FULL STORY
CGrowth Capital, Inc. Releases Business Update
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Extended Watchlist:
STLK, CBIS, RFMK, FRCN