Blue Horseshoe Stocks: Momentum Play & More

Vision Plasma Systems, Inc. VLNX

We’ve got a sub-penny momentum play on our hands this morning in the form of VLNX. This volatile trader has been swinging violently over the past few months, sometimes more than a hundred percent at a time.

We’re going to have our eyes on VLNX as we close the book on another trading week; the stock came from beneath .001 yesterday and began to run, hitting a daily high of .0017. As you can see on the included chart below, a move past that point would open the door on much larger gains.

When VLNX has surged in recent months, it has routinely peaked in the .002-.004 range. A run back to those levels from here would provide a good chance for quick profits, and chart indicators are showing a forthcoming spike to be a distinct possibility.


FTE Networks, Inc. FTNW

We saw some action from FTNW after including it in yesterday’s report, as the stock offered up the opportunity for modest gains on the order of 23% intraday from .0303 to .04.

While the chart data shows that the stock hit highs in the .055-.065 range, those were what we refer to as “fat-finger prints”; blocks of such small volume so as to make them insignificant, since it would have been impossible to exit any sizable position at those prices.

Still, gains of up to 23%, which were possible, are nothing to thumb your nose at.


Extended Watchlist:
SGMS, ARNA, FSI, ARRY, PBR($16 calls for next week)

Medical Marijuana Round-Up: Part Three

Medical Marijuana Round-Up: Part Three

Election Day has come and gone, and as we suspected, medical marijuana passed in certain states. While still against federal law, this was big step for the medical marijuana movement, and related stocks that we have reported on in the recent past. We were one of the first to the party in discussing the potential of these stocks as desicion 2012 drew near, and now of course, we see several other groups jumping on the bandwagon. Simply check out the dates on our previous reportsto see that this is, in fact, the case.The following is a list of medical marijuana plays that we’ve continuously monitored, and will continue to do so as we see how the successful push for legalization in some states affects their futures.

These are all stocks that have brought us sizable gains already, but with this new development, things could get really exciting as a result. We wouldn’t be surprised to see another wave of new interest in these and other related stocks.

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Medical Marijuana, Inc. MJNA

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Hemp, Inc. HEMP

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GreenGro Technologies, Inc. GRNH

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Cannabis Science, Inc. CBIS

____Here are several more related plays that we’ve dug up to give you as much of a variety as possible.

 ERBB, FSPM, GTLA,MDBX, MWIP, PARS, PHOT, RFMK, RIGH, SFIO, SRER, TRTC

____Extended Watchlist:
STLK, CGRA, ACGX, VLNX, CGUD