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I have made good money this week on LIVE, WPWR, FSPM and a few other one-offs. Tomorrow should be good. I hold each of the latter going into open, and also some GNRC, GT and MCIG. I held LIVE and FSPM yesterday and cashed out profits this morning. Bought them back EOD as they are rolling. Also grabbed WPWR again as it traded nicely today. Would be very surprised if we don't get a gap and run in the AM. I will probably dump around 10:30 and then grab again EOD if it is rolling for the easy Monday gap and run.
Great week - 9 profitable weeks in a row now; new record for me.
Excellent day for this ticker. I got back in around 3:30 when it was clear the comeback was solid. This is acting like an APS ticker - huge day 1, average day 2, slight dip on day 3, comeback on day 4. I figure this will gap and run tomorrow, and should then run into close and gap big Monday. Other OTC tickers did well today also, as did my big board tickers - great week to be a trader.
2014/02/13 0.36 0.42 0.31 0.40 4,795,869 0.40
2014/02/12 0.36 0.37 0.30 0.34 3,790,875 0.34
2014/02/11 0.35 0.41 0.33 0.35 9,875,874 0.35
2014/02/10 0.20 0.45 0.20 0.33 34,008,503 0.33
Keep an eye on EPZM; on the highest short interest list and has been trending up nicely
An old money maker, FSPM, is bouncing today - I will keep an eye on this one to see if the momentum can carry.
I am watching WPWR, HEMP and PHOT on the OTC. WPWR looks like it will crash today, but will see if it can pull out of this funk which would be a good sign. On the big boards, I will consider the following EOD:
NYSE:VJET NASDAQ:LIVE NASDAQ:CSTE NASDAQ:TRMB NASDAQ:SGEN NYSEMKT:OESX NASDAQ:OPTT NASDAQ:CRTO NASDAQ:TRIP NASDAQ:ITRI NASDAQ:AMRI
Yeah, I made a nice little profit on HEMP and WPWR yesterday. I will be watching them again today but probably won't make a decision on either until EOD. HEMP should go up today, but be weary as the bottom could fall out at anytime. For WPWR, if it passes the day 3 test today and closes green, Thursday and Friday should give up easy profits.
I like you Janice, but you should tell the truth. Is this company and ticker BS - of course, as is virtually every OTC ticker. Does that matter? I think not. I bought at .28 and flipped at .38 for a nice easy profit - nothing wrong with that. Is there halt risk - yes, but it is not material until week 3 (ie, the risk is acceptable up to that point, unless they put a CE on it earlier in which case it should not be held overnight. Otherwise, as you well know, the SEC takes at least 12 business days to process a halt order on a new promo). I will trade this ticker again depending on how today goes - I did not like the close yesterday. If we stay green today and rally into close, I will pick some up and then flip it in the morning for a profit. Everyone knows this ticker is a BS promo - we are all just competing against each other to get in and out at the right times. I happen to make a lot of money doing this, and don't see anything wrong with willing adults engaging in the competition.
WPWR adds are all over the place - they are doing a good job with this promo. Looks like we could have an APS replacement if this one keeps going as it appears it will. I have played a few of this promoters plays - they have all been good, but this is by far the most impressive debut they have had for opening day dollar volume. Of course, before we crown an new promo champ, they will have to keep this green until at least next Monday, but at least we have something with entertainment potential. I credit the pot stocks for bringing back the masses to the OTC. We all made good money on those BS tickers, and now the get rich quick crowd is back; love those kids.
I did well in the morning as all my big board tickers gapped up. The market looks like it will be up tomorrow in the AM also. I hold a few tickers, including YOD, which was the wild one on the Nasdaq today (high risk). I also hold some SNTA, CGEN, VJET, SODA, GALE, and BEBE for quick flips. Held SNTA since Friday - my favourite ticker from the high short interest list. RSH is not bad for quick flips either.
I am going to play the WPWR promo (hold a bit now) - chart and dollar volume looked nice today. HEMP moved as expected today except it did not dip off the start. I did not pick any up as I think my lower target of .1 before the bounce looks about right. Should gap down and crash at open followed by a nice bounce tomorrow IMO - this is a risky trade though so I won't bother trying it unless if follows the exact pattern I expect (ie, I won't buy unless we get a nice opening panic crash of at least 30%).
Very strong promo day 1; great close and huge dollar volume (for the OTC); this will hit .42 by 10:30 tomorrow IMO. I picked up at .28 after it survived the quick dip to .235.
Nah - I cashed in from around .08 up; was playing other pot stocks during the early run. There were so many of them running it was hard to pick: a nice problem to have. I like this recent pull back in the pot tickers - we need them all to crash so we can get a second run. There is always a second run with these hot sector plays - almost never as good as the first - but definitely worth playing.
Big Board tickers to watch tomorrow:
NASDAQ:CHTP NASDAQ:CRRS NYSE:HXM NASDAQ:SNTA NASDAQ:FREE NASDAQ:ARIA NASDAQ:DRYS NASDAQ:IMMU NYSE:MCP NYSEMKT:MEET NASDAQ:FPRX NASDAQ:GTAT
Penny tickers to watch Monday:
OTCBB:GFOX, USOTC:FITX, USOTC:HEMP, USOTC:USNU, USOTC:MNTR, USOTC:NCGI, USOTC:TUCND, USOTC:HPCS, USOTC:ENRT
I made nice profits on HEMP and was not in it at all for this nice 2-day crash. HEMP had a great run with huge volume. The crash was predictable and followed the usual pattern. There will be the normal bounce at some point next week. I will be waiting to jump on it. I may even look for a trade tomorrow if it crashes off the bat, which is what I expect (if I had to guess, will bounce off around .14, but we shall see - I will make a bid after seeing what the action says at 9:40). In a best case scenario, this will fall to around .1-.08, in which case we will get a sweet bounce that is easy to play.
This has been a great ticker - got into it early in the week. Should keep running to Monday:
Historical Prices
Date Open High Low Close Volume Adj
Close
2014/02/06 0.31 0.44 0.31 0.39 1,396,174 0.39
2014/02/05 0.27 0.32 0.27 0.31 1,652,237 0.31
2014/02/04 0.27 0.30 0.21 0.26 988,890 0.26
2014/02/03 0.17 0.25 0.17 0.24 2,231,883 0.24
2014/01/31 0.15 0.16 0.15 0.16 71,349 0.16
I have mostly been trading the OTC in the past month after mostly trading the big boards in the month before that - I will go where ever the easiest trend presents itself. Big boards have been weak since early January. Hope we don't get a bear market this year - best times are when OTC and BB are rolling. I can't even find a decent sector rally right now on the big boards. I traded (and still hold some) PTX today, but that is it. Hoping to dump PTX into a gapup tomorrow. Don't hold much though as this was a risky purchase since it went up too damn much today.
BRDT has some potential - not worth trading unless volume and trend pick up tomorrow
If the IMTC bounce holds tomorrow and we have a power hour rally, I will probably pick some up
REFG is trending nice- put on watch:
Historical Prices
Date Open High Low Close Volume Adj
Close
2014/02/05 0.30 0.34 0.25 0.30 6,551,368 0.30
2014/02/04 0.24 0.30 0.22 0.28 2,123,174 0.28
2014/02/03 0.23 0.24 0.21 0.24 237,840 0.24
2014/01/31 0.23 0.24 0.21 0.22 128,392 0.22
ICBU may be worth picking up tomorrow if the rally holds up during power hour.
Not sure what to make of REVI. It it gaps and runs and rallies into close off a high tomorrow, I will pick some up EOD.
VEND has been trending damn strong and I have taken gains along the way. Should hold up for a little bit longer. Same deal with GFOX, although I think GFOX will crash again before hitting its old high and will exit before then (typical P&D bounce pattern is to crash before making it back to the old high at the end of the bounce rally - but I do love a long bounce rally).
Made some money on EAPH today and held some into close. Should gap and run. I would be surprised if it holds up and keeps rallying EOD, but if it does, I will buy back in after taking profits in the morning.
Pot stocks paid off nice for me again today. In addition to HEMP, I cashed in on the TRTC and CBIS rallies. CBIS looked best today and I have the highest hopes for tomorrow. I think Hemp will open OK, but have a feeling it will finally pull back sometime tomorrow.
I am still keeping an eye on PHOT, FITX, MCIG, CANN and PLPL; have made money on each of the later but waiting to seem them trend nice again.
I made good money on MCIG - held it until this morning; HEMP has been the pot stock to be in since Friday, but I keep watching them all and am in a couple others.
Every time an OTC tickers volume explodes and the ticker attracts all the newbies, they get confused about the Form T trades and we have a bunch of pointless posts; its quite annoying. They should not allow someone to have an ihub account until answering some questions illustrating a basic understanding of the OTC.
Anyway, this one will gapup 15% tomorrow and run up 30% by 10:30.
Epic day for HEMP - Amazing how the climb was fairly steady with 3 false crashes; hard to say where is will close and how it will open. I hope it falls 30-40% and then starts to climb into close. I will load up on that pattern. At the current rate of pace, however, the bastard will close up an incredible 130%.
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Victory for Hemp Farmers as U.S. House of Representatives Legalizes the Cultivation of Hemp
Date : 02/03/2014 @ 10:57AM
Source : GlobeNewswire Inc.
Stock : Hemp, Inc. (PC) (HEMP)
Quote : 0.1665 0.0744 (80.78%) @ 1:33PM
Victory for Hemp Farmers as U.S. House of Representatives Legalizes the Cultivation of Hemp
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Hemp, Inc. (PC) (USOTC:HEMP)
Intraday Stock Chart
Today : Monday 3 February 2014
Click Here for more Hemp, Inc. (PC) Charts.
Hemp, Inc., (OTC:HEMP) America's first all-industrial hemp public company, applauds the U.S. House of Representatives for legalizing the cultivation of hemp. For the first time in decades, the Federal government is allowing farmers to cultivate hemp. As of Wednesday, January 29, 2014, pursuant to the passage of the farm bill, the cultivation of industrial hemp is legal on a Federal level and is clearing the way for industrial hemp pilot programs in states such as Colorado, Washington, California, Kentucky, Maine, Montana, North Dakota, Oregon, Vermont and West Virginia, where growing the plant is legal.
The bill was originally introduced as an amendment by Representatives Jared Polis (D-CO), Thomas Massie (R-KY) and Earl Blumenauer (D-OR). The provision allows universities, and now also state departments of agriculture, to grow hemp for academic or agricultural research purposes; however, it only applies to states where industrial hemp farming is already legal under state law.
Senator Mitch McConnell, who worked to retain and strengthen the provision, was the lead negotiator in getting hemp included on the Farm Bill was quoted, "We are laying the groundwork for a new commodity market for Kentucky farmers."
Bruce Perlowin, CEO of Hemp, Inc. said, "I said it before and I'll say it again... these are monumental steps for the industry. What we are all trying to get people to understand is that this will finally unlock a clean 'American Industrial Revolution' that will not only be economically sound, but environmentally advantageous." Soon companies like Hemp, Inc. (OTC:HEMP) will not have to import their hemp fabrics, hemp seeds, hemp hearts and hemp hurd for their hemp products.
According to the Associated Press article, written by Kristen Wyatt, "The plant's return to legitimacy could clear the way for U.S. farmers to compete in an industry currently dominated by China. Even though it hasn't been grown in the U.S., the country is one of the fastest-growing hemp markets.
"In 2011, the U.S. imported $11.5 million worth of legal hemp products, up from $1.4 million in 2000. Most of that growth was seen in hemp seed and hemp oil, which finds its way into granola bars and other products." Other estimates place the U.S. 2013 hemp sales at half a billion dollars ($500 million).
Hemp has thousands of uses. From rope and clothing, to soap and lotions and nutritional additives in everything from milk to cooking oil. Presidents George Washington and Thomas Jefferson grew hemp before the Federal government banned the plant in its anti-drug efforts through the 1970 Controlled Substances Act. According to the aforementioned article, it wasn't until 1999 that the Drug Enforcement Administration (DEA) issued a hemp permit for an experimental plot in Hawaii on a quarter acre of land.
Now the passing of the farm bill is a big first step towards allowing American farmers to once again grow industrial hemp, and giving Hemp, Inc. enormous new economic opportunities.
Hemp, Inc.'s TRIPLE BOTTOM LINE
Hemp, Inc. (OTC:HEMP) seeks to benefit many constituencies, not exploit or endanger any group of them. Thus, the publicly-traded company believes in "upstreaming" of a portion of profit from the marketing of their finished hemp goods back to its originator. By Hemp, Inc. focusing on comprehensive investment results—that is, with respect to performance along the interrelated dimensions of people, planet, and profits— our triple bottom line approach can be an important tool to support sustainability goals.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Hemp, Inc. to be materially different from the statements made herein.
http://www.hempinc.com
http://www.herbagenix.com (hemp-based supplements division)
http://www.basichemp.com (hemp protein with enhanced nutritionals)
http://www.mjlover.com (MJ Lover for Him; MJ Lover for Her)
http://www.re-load.biz (hemp-based nutraceuticals)
http://www.hempinc.tv (media and entertainment division)
http://www.marijuanaincorporated.com
http://www.marijuana.tv
http://www.cartelblue.com (eco-friendly clothing)
http://www.ecoharmonycard.com (loyalty card sustainable fundraiser for non-profits)
http://www.supportpatchadams.com (hemp gemstone candles and fundraiser for patch adams)
Hemp is impressing today - will be interesting to see if it can close strong
Sweet open on AEGY - would have loved to have dumped onto that gapup. If you were not in already, hope you did not buy - my rule is to never but a high gapup, only to sell into it.
Had a great morning - all my OTC stocks paid off nice - PLPL, FSPM, HEMP, and VAPR were the best. I have sold everything and will come back to see how things look EOD. I always seem to make big gains Monday morning - may be I should only trade between Friday afternoon and Monday morning (nah, that would be too boring)
Not a terrible close - still way up on the day. I picked some up just before close after it held its ground and began to bounce. I expect it to open around 7 on Monday and run to 8 by 10:30; we shall see. Also loaded up on PLPL again EOD. I had sold these both in the morning, but am now back in as I was impressed with their charts. FSPMs EOD blowup was typical of a stock that runs too high in a day - ignore the big spike to $8.3, the chart looks solid still.
Tickers of interest for today:
OTCBB:GFOX OTCMKTS:FSPM NASDAQ:NLST OTCBB:PHOT OTCMKTS:TRTC OTCMKTS:PLPL OTCMKTS:HEMP OTCMKTS:IMTC NASDAQ:SZYM NASDAQ:PFPT NYSE:MTW NASDAQ:CPHD NASDAQ:ARAY NYSE:CSC NYSE:UFS NYSE:TSN OTCMKTS:VAPR OTCMKTS:ORYN
Yeah, PLPL has been great for me. While the big boards have been crappy the past 2 weeks, the OTC has bailed me out with nice gains. Love the pot stocks. Hope they keep rallying EOD after a typical afternoon dip - then I will load up again for an easy Monday gap and run. I like to dump half on the gap, and let the other have run until mid morning with a stop on.
I bought them both (PLPL, FSPM) - sold them both a bit too early today as they were bigger monsters than I was expecting; maybe I will pick up again EOD depending on how they are trading. Also made cash on PHOT and IMTC
Nice AH pop here; I almost bought EOD but was dissuaded by the overall market trend. FB should assist in improving the overall sentiment tomorrow - I will look at some of the usual suspects for sympathy pops.
I think the overall market will start strong tomorrow - I bought 500 TNA EOD so I hope I am right. AH was strong, but it was yesterday also and that didn't hold.
Chart looks perfect - should be a nice gap and run in the morning.
This will gap nice in the morning and run - easy play here.
KGET, FITX, and IMTC look like buys
Ouch - my worst morning of January today. Was in a lot of big board tickers thinking the market was going to go up today based on yesterday - ended up being dead wrong and all my big board tickers gapped down. Still up big for January, but am now $4K off my high for the month and may must wait it out a bit (as I should have done when I suggested that Monday after I had a good day). Got out of my OTC tickers w/o a loss this morning - will have to see if anything on the OTC looks good EOD. Not a fan of the big boards right now as this downturn looks like it will continue.