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Re: None

Monday, 12/15/2014 12:32:10 AM

Monday, December 15, 2014 12:32:10 AM

Post# of 31822
Wolf of Weed Street

"Non MMJ Spec play for December 15, 2014

I thought I would give you guys the chance to do some late night DD as the stock I am about to give you is likely as new to you as it is to me...

Tomorrow I'll be looking at a straight up trade opportunity. Many of you remember that I'm a big fan of the book/true story "Ugly Americans" and if you read it you know that Malcolm discovers a perfect storm type scenario at the end of the book. The company in focus in B Green Innovations (BGNN) and even though the name says "green," they aren't a marijuana company. They're actually working on a sustainability play, but to be fair what they do doesn't concern me, what did was whether or not other people were connecting the dots on this Friday (frontloading). Judging by the paltry volume they didn't; but I digress.

In any case, my call on this is for a potential swing trade coming off of a bounce scenario. See, B Green had been trading much higher earlier this month but price and volume have both consolidated to a point where I think BGNN could be at a bottom support. The market cap on this one is weighing in at just about $21m and on top of that, I've seen several other trading focused newsletter networks rallying behind this ticker over the weekend. The bottom line is that I think the added exposure plus the trade set-up could be a perfect mix for the stock to jump so I wanted to bring it to your attention as the holidays are right around the corner. To be clear, I do not own any shares nor have I ever, but I will be buying some at open for a trade. Ho Ho Howl-"