Friday, March 21, 2014

$SXLP - 100% return in a single day !!! $MJMD is my new POT pick !!!

Congrats if you are able to get in SXLP yesterday on the open at $4..it hit high of $8, a 100% return in few hours..and closed around $7.50..thanks to @super_trades for this amazing pick - I am still long this stock and am expecting big moves in coming sessions...of course nothing goes up straight and nothing goes down forever in stock market!

Here is my new Medical Marjuana pick for today, 03/21 -On March 14, 2014, MJMD MediJane Holdings Inc entered into a License Agreement with Phoenix Bio Pharmaceuticals Corporation (“Phoenix Bio Pharm”).

Pursuant to the License Agreement, Phoenix Bio Pharm has granted to the Company an exclusive license for the territory of North America to exploit all presently owned and after-acquired intellectual property rights and know-how of Phoenix Bio Pharm related to certain medical cannabis  products and delivery systems for the treatment and management of illnesses. Products falling under the license will include the following medicinal cannabis products: transdermal patches, orally administered extracts, concentrated extracts for vaporisers and inhalers, sublingual and buccal dispensing products and extraction technology, suppository delivery systems, salves, creams, gels, lotions, and liquid extracts, and any products or active ingredients sources through Phoenix Bio Pharm affiliates or third party suppliers or licensors.

The Company will also have the right to sublicense the rights acquired pursuant to the License Agreement and to use and develop copyrighted materials of Phoenix Bio Pharm for marketing and distribution purposes.

In consideration of the acquired license, the Company issued 26,000,000 shares of its common stock to Phoenix Bio Pharm. These shares were issued pursuant to an exemption from registration relying on the exemption from registration provided for under Rule 506 of Regulation D, promulgated under the United States Securities Act of 1933, as amended.

According to Yahoo Finance the float of this stock is 18 Million which is considered very small compared to other stocks that newly entered this space. Of course stocks like ZDPY SXLP are exceptions when it comes share structure.

My Personal Target on MJMD is $2.50 - $3.50! This is a OTC stock with High Risk and High Reward possibility. I don't recommend if you are new to trading and someone who can't monitor its price action..I am long this stock at $1.40 average price with downside stop at $1 and upside PT of $2.50 - $3.50

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. Do your due dilligence before investing or speculating. Start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Thursday, March 20, 2014

$SXLP Is The New Beast in Town !!! $CRMB $GLOW $LPATH and more...

If you are a active trader and are familiar with Medical Cannabis stocks that have been in buzz recently then you must have seen my tweet alerts on MNTR at around $1.75 and it hit $8 recently....I called $ATTBF another POT play at .44 last week and it hit $2.50 today !!! ZDPY alert went out to my followers on twitter at $2.75 and within a month and half it hit 52 week high of $28 !!! Now Superman @super_trades on twitter just found this HOT POT stock right before the bell..and it is SXLP - Signature Exploration and Production Corp entered into a definitive agreement (the "Agreement") with Mr. Craig Ellins for the acquisition of assets (the "Assets") to be used in the legal production and use of cannabis. In connection with the transaction described in Item 2.1, Craig Ellins gained control of the Company by virtue of his stock ownership in the Company. As stated in Item 2.1, Mr. Ellins acquired 4,500,000 shares of common stock on March 13, 2014, in exchange for the Assets described in Item 2.1. The share acquisition gave Mr. Ellins control of the Company by virtue of holding approximately 84% of its the voting capital. Mr. Ellins will become the Chairman and CEO of the Company. Prior to March 13, 2014, the Company was controlled by Mr. Steven Weldon and Screaming Reach Investments LLC by virtue of a combined 52% ownership of the common shares of the Company.

Craig Ellins served as vice Chairperson and board member for GrowLife Inc (PHOT) and help grew the company to $458 Million - He is now the major stake holder in this new Medical Marijuana company..

Read more about him here - http://growbloxsciences.com/marijuanabusinessleaders/ He is also President and Co Founder of the famous 10MileFarms an indoor planting company with revolutionary technology which involves the most advanced controlled-environment vertical indoor farming system available today. http://10milefarms.com/verticalfarmerexperts/

Watch this video to know what 10MileFarms does - https://www.youtube.com/watch?v=toNrr2vtnik

Here is the BEST PART - SXLP float is just 500K shares and I strongly believe this is going to be the next ZDPY. (DO NOT CHASE IT...THIS IS NOT AN INVESTMENT ADVICE AND OF COURSE NOT FOR WEAK HEARTS). MY PERSONAL TARGET ON  SXLP IS $10-$15 if it works. CRAIG ELLINS, 500K FLOAT,10MILEFARMS, HOT POT SECTOR SHOULD MOVE THIS STOCK AT A ROCKET SPEED TO UNPRECEDENTED LEVELS LIKE CANV CANN ZDPY etc

Here are some more stocks that I added to my watchlist today. I am long SXLP, CRMB, ICLD, GLOW, LPTH, CRMD, CRMD/WS.


 A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. Do your due dilligence before investing or speculating. Start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Monday, March 10, 2014

New Watchlist for 03-10-2014

Thanks to all those long time blog followers who are now following me on twitter @incredibletrade. I have got 4,000 followers in just about an year and that's is incredible! Blog statistics clearly tell that more people are interested in my blog than last year when the count was 200 vs 419 today !!!....hence I decided to spend some extra time in updating this blog as regularly as possible. I am spending more time finding picks and have very less time to write articles about them so I will be posting the picks that I like with less detail as shown below. In the future I will try to add couple columns explaining whether its a tech play or a theme play, market cap, float and other statistics etc..but for now this is what you will see.
 
A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. Do your due dilligence before investing or speculating. Start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Who is Mr.Incredible?

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New Jersey, United States
Mr.Incredible is a Momentum/Technical Breakout player who trades small/micro cap plays and who saw a 600% Growth since 2006, Yes even in this down market. I am going to post my real trades (including profits/losses) soon...As a general caution and advice Please start with a small position and always keep your stop losses in place just in case....As usual Do your DD before investing. Thank me for your profits and don't blame me for your losses because you are the one who pulled the trigger!!!