19 Oct 2016 Cannabis Stock Bubble – What Our Members Knew Very Early
One thing that drastically sets us apart from other trading sites is research. While many sites rely solely on scanners and news feeds to catch momentum, our team is continually focused on identifying the next big movers prior to crowd. Our members have been way ahead of other traders through many of the large waves; including stock promotions, low float stock hype, Chinese stocks, and past cannabis stock runs.
Just like we did back on May 8, 2016, when we released a list (members can view the low float list here) of just over 100 tickers of potential NASDAQ / NYSE low float stock runners prior to the big runs (around 40 or more of these ticker made moves between 40%- 1,450% after the list was released), in March of 2016, we released a list of around 100 Cannabis related ticker (members can see the full list here) that we believe should be placed on our members watch due to a potential big move off of the up coming election hype on legalized marijuana.
This was not a buy list, it was a list of tickers to monitor if volume and hype provoke a move with these tickers. In September, we started placing a greater focus on this list as volume started picking up in a large number of these stocks. Around October, 2, 2016, we released an updated list of marijuana tickers as we got closer to the election. We also released a detailed webinar (members can view a recording of the webinar here) to our members to let them know what to look for with these tickers as we anticipated some larger moves. Special thanks to Natty Green, an extremely talented veteran trader with over 17 years of experience, for hosting this webinar.
Over the past few week since these updates, marijuana stocks have gone on a huge run. The OTC market is bringing in dollar volume at levels that have not been observed in years. Just today (10/19/2016), around twenty OTC stocks traded over one million in dollar volume with a few trading between five to twenty nine million in dollar volume. This increase in dollar volume helps for liquidity and the ability to trade larger size.
Just remember, most of these tickers are up on hype. We are looking at these tickers as trading vehicles for day trades and swing trades. Currently they have provided great long opportunities. Many of these stocks will soon make equally great short opportunities. Below are few of the top tickers off our list that our members have been watching and trading since the start of the moves:
AMMJ from $.11/share to $1.01/share (818%)
CBDS from $1.8/share to $7.85/share (336%) - As with many of these tickers, our team has made some fantastic bottom, top, and break-out calls throughout the runs. See actual post from our traders chat room.
CANN from $.85/share to $5.19/share (510%)
CBIS from $.015/share to $.077/share (413%)
NDEV from $.07/share to $0.55/share (686%)
CGRW from $.73/share to $3.45/share (373%)
AGTK from $.007/share to $.0277/share (295%)
VNTH from $.0004/share to $.0032/share (700%)