Tag: INFN

FITX, EAPH, TTDZ, GLCO & Extended Watchlist

 Creative Edge Nutrition, Inc. FITX

FITX is among the cannabis stocks that we’ve been tracking since 2012 that began to explode when 2014 trading commenced on January 2nd. We alerted readers of the likelihood of that occurrence in our final report of 2013 on New Year’s Eve. That day, we observed a low of .0045, and yesterday, FITX attained a new high at .065, which means that in just a month’s time, this stock has increased in value by 1344%

We’d like to congratulate anyone who was able to obtain even a fraction of the total possible profits that FITX has afforded us so far in 2014.

Easton Pharmaceuticals, Inc. EAPH

Marijuana related stocks are still very demanding of our attention. Even as some of our other interests in the field tapered back this week, EAPH, like FITX, was able to achieve new highs. EAPH also serves as a prime example of why we don’t discard these pot plays when they consolidate, because they have provided rebound opportunities galore.

In this particular case, EAPH came off of its New Year’s pop, and bounced off of the .008-area to recover all of its previous gains and then some. At Tuesday’s high of .028, our total possible gains from our original Jan. 8th alert from a low of .0041 stood at a whopping 583%

A golden cross formation is also in the making on the EAPH chart, which gives us all the more reason to continue to monitor this stock.

Tritan Distribution Systems, Inc. TTDZ &  Global Links Corp. GLCO

Here a couple of new plays to add to our now-enormous marijuana stocks watchlist:

TTDZ catches our eye on the heels of a filing that denoted the reduction of shares of TTDZ common stock from 1.5B to 1.2B. The stock made a huge move during yesterday’s session and appears as if it could gap up to start the day.

Already having been on a sharp uptrend in recent sessions, GLCO had after-hours news concerning the acquisition of Hemp Life Today, LLC and its online Hemp and Medical Marijuana products and information website, HempLifeToday.com, essentially launching itself into the cannabis sector. We will want to follow along to see how the trading community will receive this latest development.

Extended Watchlist:
DARA, DNDN, DGAZ, ACCL, FLEX, MEET, INFN, GRPN, SQNS, FB

FCGD, MDBX, SCON & Extended Watchlist

First Colombia Gold Corp. FCGD

Despite the fact that it closed down on the day, our momentum alert from yesterday morning still provided us with plenty of opportunity to get in and out with a profit in the early part of the day.

After gapping up very slightly to .0044, the stock managed to ride the momentum as high as .007, allowing for gains of up to 59% in the first half-hour. Apart from possible gains right out of the gate, we can also extract a good lesson from what happened next. We saw what is called a “double-top”, which is when a stock bumps into resistance, pulls back, and makes another run at its high before losing momentum, which leads to a pullback like we saw as the day progressed.

We lost interest when the stock failed to hold support at our called level of .006. It is always a good idea to have a mental stop, falling below which point is an indicator that its time to exit. All things considered, FCGD turned out to be a good call, even if the window of opportunity wasn’t open for as long as we would’ve liked.

Medbox, Inc. MDBX

We’d like to give ourselves a quick pat on the back for this play. We last mentioned MDBX on March 12th, along with some of the other medical marijuana related stocks we’ve been actively tracking this year. After that time, the stock was trading as low as 14.02. It is not often we see a Pinksheet stock trading in such a high PPS range, but MDBX managed to touch 38.40 on Tuesday on record volume, marking a move of 174% in roughly six weeks.

MDBX sent out a PR yesterday, pertaining to Tuesday being a record trading day:
HOLLYWOOD, Calif., April 24, 2013 /PRNewswire/ — Medbox, Inc. (OTC Markets: MDBX) (www.medboxinc.com), a leader in providing industry specific consulting services and patented systems to the medical and retail industries, announced that yesterday (April 23, 2013), was the single largest trading day for their stock in the company’s history with over 66,000 shares traded.

Superconductor Technologies, Inc. SCONSCON appeared on Tuesdays extended watchlist, and followed with a great performance, opening at 3.50, and seeing a low of 3.41, before running as high as 5.45. That marks a possible gain of up to 60%

Extended Watchlist:
WSGF, EXMT, MPG, INFN, FSLR