Pot Plays

For me, a quick flip. Might keep 10% of shares for giggles, but prob sell all of it.

Cool, I learned my lesson on MINE, got burned not taking profits and selling at loss.

Hearing birds chirping that EDXC has news coming after hours or pre market tomorrow. No idea what it is however. Have my core shares from .04 locked up, probably can't move anything to add at this point.

MINE is a solid long term hold IMHO.

Not exactly earth-shattering news EDXC: ih.advfn.com/p.php?pid=nmona&article=61776125&symbol=EDXC

If you're trying to flip I wouldn't expect huge gains.

I got out of PIHN today at .02   Not too thrilled with their share structure.  

Ttdz taking a dump today

TTDZ: I would say it was due for a healthy correction look at the chart since .01 https://stockcharts.com/h-sc/ui?s=ttdz . We sack up, we hold strong.

PIHN: Not sure why you have concerns with the share structure. 2billion is not that crazy in the OTC.


The Matrix mentioned they think NXTTF is oversold and on the reversal. I would have to agree. This chart says it all. It bounced off that 50 DMA yesterday and is on the up and up. Should be a solid buy. https://stockcharts.com/h-sc/ui?s=nxttf

Can't win them all boys. There'll be days like this, my Momma said!

WNTR is the play for the end of this week on into next week. No time to update off to soccer, will try to tomorrow.

Stifler, do you have any thoughts on the VKML heavy dump today and the upcoming  reverse split?  Are you still in or did you already pull out? I thought this was going to be good news not the opposite. Sorry I am really new to this all and trying understand how events like this typically pan out.

Honestly Toomuts, I got my head in the sand on VKML. I just haven't stayed on top of it. I'm pretty sure I posted that I had flipped it from .08 - .12 and sold off. I was considering jumping back in last week, but rolled with other plays. I'll take a look at it tomorrow. That chart bounced off the 50 DMA. https://stockcharts.com/h-sc/ui?s=vkml Tomorrow will be very telling for VKML. Will it bounce and run or pull a MNTR and head down to the 200 DMA before the bounce https://stockcharts.com/h-sc/ui?s=mntr .

I can't believe VKML either.  If it drops lower I will just double down.  darn it.

Pretty sure I'm a buyer this week of VKML. A reverse split means little except that uplisting is a real possibility. Not entirely sure what to make of the business plan yet, but I like a reversal from the panic.

*** Alerting WNTR again @ .0064 ***

Been in and out of this one for a long time, before they entered the MMJ space. This one can be flipped very easily. Anyway, I love the news they released today: https://ih.advfn.com/p.php?pid=nmona&article=61769534 . This company seems like a legitimate revenue source that fills an important niche in the MMJ space. Clean looking website, as well.

The other reason I like this play is the chart, which looks locked and loaded for the rebound. It was as high at .015 less than a month ago and it bounced today off the 50 DMA in a very bullish way: https://stockcharts.com/h-sc/ui?s=wntr . The reversal is for sure in here, folks. Easy 60-75% gainer minimum, in my honest opinion... probably conservative. Look how that doji formed yesterday and closed much higher today. The last three days the pps has banged its head against the 50 day moving average. This one has always been an easy flipper for me.


I'm a buyer tomorrow and Friday.

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SPRWF Update:

If you haven't taken a position here, I would suggest it. The PPS responded positively today on news that there will be a PR on Tuesday, April 15th. You think news is coming about the grow operation they are buying? I sure do... bargain prices here tomorrow and Friday IMHO. PR could drive this to .15 in short order.

PR quote:

"CALGARY, ALBERTA, Apr 09, 2014 (Marketwired via COMTEX) -- Supreme Pharmaceuticals Inc. (the "Company") (TSX VENTURE: SL)(PINKSHEETS: SPRWF) notes that in respect to its prior press release on Friday April 4, 2014, the Company will be utilizing the full 7 business days to complete and conclude the due diligence period. This means that the Company will report news on Tuesday, April 15, 2014 with a final decision on the South Okanagan producing medical marijuana facility.

We apologize for the misperception from the prior press release that a decision would be made as of April 10, 2014.

The process thus far has been positive and the process is moving ahead smoothly."

I'm actually more excited for the masters today than the market

MDCN---

thinking this might make a small run today, trying to take a small position at opening bell and will try to flip in the afternoon.

So I'm sitting here looking at another blood bath day confused as hell...

PHOT has been suspended until April 25th. The sector is taking a dump. I think the worst and the hysteria has passed, but tomorrow could be ugly too. Really did not see this coming... next week is a new week however. At this point, I'm not selling into the panic like a f*cking sheep. Stand strong.

www.otcmarkets.com/stock/PHOT/news/Suspension-of-Trading?id=78892&b=y

ACGX up big today all of a sudden on huge volume... jumped in for a nibble...

I bought some ACGX in the 5s today maddunkers. I sold quite a bit of FRTD and PIHN to do so to get that and WNTR in the mid .006s.

People just panicked because an industry leader was shut down by the SEC, it makes sense. I never believed in the PPS justification for GrowLife, and several of their business practices, so I stayed away.

I really think we see ACGX news tomorrow or Monday. Today's price action and volume was no joke... I put a lot in this one today.

Stif are you still going to hold onto MFTS?

I'm freaking tapped out.  I've got way too much money tied up in AGDY just waiting and begging for news. 

Hey Toomuts,

I never had a large position here, but I have not sold that position. However, I am looking to exit in the .14 - .16 range probably next week.

TTDZ on a nice run..tried to buy more on dip this AM but order didn't got filled.

Updates:

Big blood bath last week as PHOT got suspended. The panic finally stopped at the end of the day on Friday. I fully expect the sector to correct itself this week heading into 4/20 and many companies filing Q1 numbers soon.

Let me just say my largest play for this week is not a pot stock, it will be covered in my other thread.

TTDZ: Three red days last week, followed by a Friday bullish-engulfing candle. The website allbotanical.com is supposed to launch tomorrow with 10 products for sale according to the last PR. The next leg up to .10 starts this week folks... we test .05 tomorrow, absolutely if the website launches. If they delay it again, we see a red week. I don't think they delay the launch this time with 4/20 next week.

SPRWF: We know we will be receiving a PR on Tuesday. The stock is trading beautifully and I think the news of the acquisition will be a go. This one is a wild card. Could go crazy these next two weeks. Pick some up if you haven't.

ACGX: Mad props to Maddunkers, I wish I had bought at .0031, but instead secured a LARGE position at .0043 after I saw it move 25% in a matter of 5 minutes. Sold off all my FRTD at .043 to do so, and it has paid off very well so far, closing at .007 on NO NEWS. After listening to their conference call at the 43:00 minute mark, I am certain there is MMJ related news coming here. I am putting in a sell order for 30% at .0095, but hoping we can get higher than this this week....

FRTD: Well folks, the pissing match between Tim Sykes and the Wolf of Weed Street really took a toll here. I'm sorry for the .10 predictions I originally let on for this one. I am going to refrain from making PPS predictions. As I always say, secure profits. Don't get overly emotional with any on stock. There are new runners every week. Trade them for 50-100% gains and move the f*ck on. That being said I did not see it drop that low until today. I will be a buyer in the high 2's as the chart looks like it is headed that way.

TAUG: I liquidated my position in the low 6s, actually taking a small loss overall on this ticker. Let me be clear: I LOVE THE LONG TERM POSSIBILITIES OF THIS STOCK. I will be a buyer again really soon, however, the chart looks like it wants to fill that gap that never got filled in the .038 range... I'm a buyer in the low 4s here again. If you are down more than 15-20% on this one, I would suggest riding it out. I did get confirmation there will be a PR coming tomorrow, so if you see a small spike, I would sell for a gain. I think this sinks lower before the next leg up above .10.

WNTR: I sold my entire position in the low 9's. This one is a flippers dream. It could very well hit .01 this week, but I don't like the gravestone doji that formed on the chart on Friday. I think it might go lower before it retests .01. Made a quick 30%. IMHO this is one of the most undervalued tickers on the OTC.

MFST: Got out of this one for a small loss. Thought it would go higher than it did. Chart looks good to correct this week, though.

*** New picks for this week ***

1) QASP *** Alerting and playing @ .0024 *** This was one of my lottery picks at .0003, and I'm still kicking myself for not playing it at the time. Thankfully, the company put out massive news last week about acquiring a very popular Denver dispensary. The market did not respond properly because it was too busy getting bushwhacked. Check out the PR and the CEO interview on Youtube here: https://ih.advfn.com/p.php?pid=nmona&article=61768586
https://stockcharts.com/h-sc/ui?s=qasp and https://www.youtube.com/watch?v=_q3wrQa1BuM . The chart is also screaming a bullish trend is coming: https://stockcharts.com/h-sc/ui?s=qasp
They have a new flight school opening in VA this quarter, and they filed their annual report and attorney opinion letter on Friday to bring them to current status this upcoming week.
This could be setting up for a TTDZ type run... trying to shy away from predicitions but whatever price I get QASP at tomorrow, I'm putting a sell order at .0049 as I see resistance in the low 5's in the weekly chart.

2) CWIR *** Alerting and playing at .0043 *** Very bullish chart play as it bounced hard off that 50 DMA https://stockcharts.com/h-sc/ui?s=cwir . This looks good for an easy 50% pop IMHO.

3) DSCR *** Alerting and playing at .0031 *** Very solid looking chart 50% off its recent highs. https://stockcharts.com/h-sc/ui?s=dscr Solid news last week of seed to sale program being implemented https://ih.advfn.com/p.php?pid=nmona&article=61799341.

4) UTRM *** Alerting and playing at .0077 *** Not only is the chart screaming that a run is coming after considerable consolidation https://stockcharts.com/h-sc/ui?s=utrm , but the company announced they are launching PotNetwork.TV this 4/20. If this website has all the bells and whistles they say it will, it could be a very interesting play in the cannabis media space. So much support in this channel it has been trading in the last three weeks... bullish run is imminent.
https://www.otcmarkets.com/stock/UTRM/news/United-Treatment-Centers-Inc---OTC-Pink--UTRM---DBA-www-PotNetwork-tv-Closes-First-Round-of-Financing-and-Announces-Website-Video-Launch-Date-4-20-2014?id=78812&b=y

--- Top picks to move Monday and Tuesday ---

1) TTDZ
2) SPRWF
3) ACGX
4) CWIR
5) QASP

So many solid buying opportunities out there right now folks. Don't get overwhelmed, if we make 30% with each trade we are going to make lots of money. There are tons of runners every week.