Thursday, 15 February 2018

FOSL: $20 Target Possible On Short Squeeze And Financial Turnaround

Earlier on Thursday we issued an alert on Fossil Group, Inc. (FOSL) during lunch hour trading. The stock stayed flat in the afternoon, closing at $15.52. It was down 8.5% on the day after gaining 87.7% on Wednesday, a reasonable pullback. We think this is an opportune time to go long the stock as it is highly susceptible to a short squeeze and fundamentals have improved based on stronger than expected Q4 financials. If you like our picks make sure to follow our blog by clicking the follow button on the top of the left hand panel. We are up to 459 followers despite not giving out a lot of alerts, a fact that we think is indicative of a diligent and prudent stock picking history. If you would like to share this blog, make sure to use the URL "nasdaqnewsreports.blogspot.mx" as certain spam filters on social media don't let you post blogspot.com addresses.

Review this article from Seeking Alpha "Fossil: Defied The Odds To Dazzle Patient Investors" for good fundamental analysis on this stock. Some highlights from the article:

  • Fossil reported sales and earnings near high-end results of the guidance; EPS reported $0.64 vs $0.40 consensus.
  • Rumor of a potential buyout at $15.75 now must be raised if the buyer still wants to purchase it.
  • Fossil nearly doubled its wearables sales to over $300 million in just two years
  • Online sales grew by 31% in the quarter.
  • During Q4, FOSL managed to generate $120 million operating cash flow and $112 million in free cash flow
  • Fossil is expected to complete its New World Fossil initiative in 2019 by achieving $200M net income
  • Fossil expects forward EBIDTA for 2018 to be $150-$200 million
  • Valuation target of $25 per share

At $15.50, FOSL's enterprise value is around $1 billion. That would be around a 5-6x EBITDA multiple based on mid-point 2018 guidance of $175 million and only 8 times Q4's operating cash flow. A $25 stock price puts the company at about a $1.5 billion enterprise value, or 8-9x EBITDA multiple. So the $25 target seems fair to us, but we are thinking $20 is more realistic in the short term on a continued short squeeze.

The short interest is very high, 75% of the float, and institutions own over 100% of the shares so they are going to know how to squeeze the shorts for the most profits. A lot of shorts must have covered on Wednesday, but we think a second round is coming based on the strong financial improvement and second wave of shorts who came in over the last couple of days having to cover.


Canopy Growth: Breakout to $35 Looks Imminent

Last week in "Buy WEED When There Is Blood On The Streets" we disclosed that we went long on Canopy Growth Corporation (TWMJF) (WEED.TO). When it popped over $30 it hit our initial target, but we quickly reloaded on the dip from there as disclosed in "Going For A Second Round On WEED" last Wednesday. We believe Canopy will do very well in the near-term with a $35 target on WEED in Canada.

Canopy reported third quarter financial results on Wednesday. The numbers are excellent, with the most revenue ever reported for a cannabis company in Canada, record revenue in Germany, average selling price increased and average cost down. There is a clear sign that Canopy is growing into its economies of scale.  Registered patients increased 10% from the previous quarter while kilograms sold increased by 15%:

























The end result was an EPS of $0.01 for the quarter, reversing the slight loss in EPS seen for the first six months of the fiscal year and beating analyst expectations of a loss of $0.05. The stock reacted positively to the news, up 1.6% on Wednesday and another 3% on Thursday to close at $27.99. It has been met with some resistance at the 50-day MA, but it looks like it is ready to break through and go on another multi-dollar run:



Top Microcap pick: Fintech Select (SLXXF) (FTEC.V)

Fintech Select is creating a network of thousands of cryptocurrency point of sales locations across Canada. Several of them are up and running already which can be seen at selectcoin.io. The company is paying off old debts, including a big one announced on Monday at a discount and increasing revenue in its existing fintech businesses as well as its start-up cryptocurrency division. For all the good that it is doing, it is trading at a very cheap market cap of only $15 million Canadian. SLXXF isn't very liquid but FTEC trades frequently in Canada. The company announced the following on Thursday:

Fintech Select Ltd. (“Fintech Select” or the “Company”) (TSX-V:FTEC) wishes to advise the investor marketplace that Fintech Select, through its fully owned Cryptocurrency division Selectcoin.io, offers key differentiators from its peer competitors. Namely, we are not a third party but rather the owners of the large POS network across Canada.

Given this direct-to-consumer business model, our revenue models are robust and fall generally in the realm of 10-12% margins. Peer competitors are mostly middle men or third party processors, which are low margin businesses. Fintech Select is exploring the possibility of owning its own Cryptocurrency exchange. This will enhance the margins to an even greater degree as we will be able to control the spread between the buy and the sell.

Furthermore the company is also looking at geographic expansion for our POS network outside of Canada as the demand for buying Cryptocurrencies has been escalating across many regions.

The Company also wishes to announce that multiple updated features regarding the process of purchasing Cryptocurrency through its POS network will be launched next week.

 As we remain focused on our technical infrastructure we also believe that we are at the right point of the Company’s evolution to be engaged in multiple investor relation campaigns across North America as to shed light on the Company and its disruptive technologies.  These campaigns will be multifaceted including further reaching press release dissemination across multiple Cryptocurrency & investor focused websites, CPM based digital advertising, retargeting campaigns, advertorials, newsletters and more press coverage.

Mohammad Abuleil, President and CEO of Fintech Select, issued the following comment, "We believe that Fintech Select is undervalued due to the lack of market comprehension relative to our business model versus peer competitors. We are the outright owners of our POS network,  whereas most companies are third party processors. To date, we have enjoyed good transactional traction with the stores that are operational and we expect to grow the store footprint at an accelerated pace once the new features and additions of the Cryptocurrency platform that we have been working on are implemented.”

FTEC had a full retracement of its stock price from $0.60 all the way down to $0.18, but has bounced back strong, led by the large white candle on February 6th that looks like it signifies a bottom. You can take a bit of profits on the way up, but we think that this stock returns to $0.60 in Canada reasonably soon.


Disclosure: We are long stocks listed in this report.

Despite a recent pullback, Bitcoin has gone from a concept worth pennies a few years ago to worth thousands of dollars. It may appear to some who are late to the game that the opportunity to get rich is gone. However, there are still plenty of ways to make some money trading in bitcoin and other cryptocurrency. Here are some links to valuable reports and strategies:

The Cryptocurrency Codex from the Cryptocurrency Institute 

Secrets To Unlimited Free Bitcoin 

The Crypto-Currency Evolution eBook

Bitcoin Complete Guide for Dummies

The Bitcoin Miracle Guide

The Bitcoin Cheat Code Book

The Crpytocurrency Course

Bitcoin Investing Live


If you're interested in making money investing or trading the stock market, here are some good resources to assist you. This includes technical analysis, investing in the weed sector, dividend stock investing, gold and commodities, sector rotation, options trading and microcap trading strategies.

Microcap Millionaires Free Video: Cheap Gold Miner Set to Soar in Fall 2017

The dividend stock report from dividendstocksonline.com



FOSL: Short Squeeze Alert to $20+

We are issuing an alert on Fossil Group, Inc. (FOSL), which we think is a strong candidate to move to $20 or more on a short squeeze. The company released Q4 financials which beat expectations. We have entered in the trade Thursday on a pullback during lunch hour, expecting it to rise in the afternoon and Friday, hurting shorts and put option holders. Since we are trying to get this alert out quickly, the analysis will be short. Review this article "Fossil: Defied The Odds To Dazzle Patient Investors" for good fundamental analysis on this stock.

The short interest is very high, 75% of the float. A lot of shorts must have covered yesterday as the stock moved up 88%, but we think a second round is coming based on the strong financial improvement and second wave of shorts having to cover. We think the 52-week high of over $20 could be challenged very soon.


If you like our picks make sure to follow our blog by clicking the follow button on the top of the left hand panel. We are up to 458 followers despite not giving out a lot of alerts, a fact that we think is indicative of a diligent and prudent stock picking history. If you would like to share this blog, make sure to use the URL "nasdaqnewsreports.blogspot.mx" as certain spam filters on social media don't let you post blogspot.com addresses.

Disclosure: We are long stocks listed in this report.

Despite a recent pullback, Bitcoin has gone from a concept worth pennies a few years ago to worth thousands of dollars. It may appear to some who are late to the game that the opportunity to get rich is gone. However, there are still plenty of ways to make some money trading in bitcoin and other cryptocurrency. Here are some links to valuable reports and strategies:

The Cryptocurrency Codex from the Cryptocurrency Institute 

Secrets To Unlimited Free Bitcoin 

The Crypto-Currency Evolution eBook

Bitcoin Complete Guide for Dummies

The Bitcoin Miracle Guide

The Bitcoin Cheat Code Book

The Crpytocurrency Course

Bitcoin Investing Live


If you're interested in making money investing or trading the stock market, here are some good resources to assist you. This includes technical analysis, investing in the weed sector, dividend stock investing, gold and commodities, sector rotation, options trading and microcap trading strategies.

Microcap Millionaires Free Video: Cheap Gold Miner Set to Soar in Fall 2017

The dividend stock report from dividendstocksonline.com



Wednesday, 14 February 2018

WEED: Up On Record Financial Results And A Top Microcap Pick

Last week in "Buy WEED When There Is Blood On The Streets" we disclosed that we went long on Canopy Growth Corporation (TWMJF) (WEED.TO). When it popped over $30 it hit our target, but we quickly reloaded on the dip from there as disclosed in "Going For A Second Round On WEED" last Wednesday. The stock in Canada finished strong that Friday with a price of $28.17 at close. Despite a dip so far this week, we believe Canopy will do very well in the near-term with a $35 target and are more convinced of this than ever after excellent financial results. If you like our picks make sure to follow our blog by clicking the follow button on the top of the left hand panel. We are up to 458 followers despite not giving out a lot of alerts, a fact that we think is indicative of a diligent and prudent stock picking history. If you would like to share this blog, make sure to use the URL "nasdaqnewsreports.blogspot.mx" as certain spam filters on social media don't let you post blogspot.com addresses.

Canopy reported third quarter financial results this morning. The numbers are excellent, with the most revenue ever reported for a cannabis company in Canada, record revenue in Germany, average selling price increased and average cost down. There is a clear sign that Canopy is growing into its economies of scale.  Registered patients increased 10% from the previous quarter while kilograms sold increased by 15%:

























The end result was an EPS of $0.01 for the quarter, reversing the slight loss in EPS seen for the first six months of the fiscal year and beating analyst expectations of a loss of $0.05. The stock reacted positively to the news, up 1.6% on the day, but was met with some resistance at the 50-day MA as it was up about 5% in the morning. We still see this as a great level to buy as the chart is tightly hugging the 50-day MA but looks like it is pointing up. For those who want to wait, look for a clear breakout of the 50-day MA which we think will happen any day now, then WEED is set up very well for another multi-dollar run and possible short squeeze.


Once WEED gets into the low $30's, we recommend traders take small amounts of profits just to be safe, but the stock looks like it will head at least to $35 in the short term. After the stock dipped below its 50-day MA, it suckered in a lot of shorts just in time for two long white candles and a mini-squeeze last Wednesday. This activity falls in line with our "bear bubble" comment made in the article from over a week ago. The stock violently moved up on a short squeeze as the bear bubble burst as quickly as it moved down from over $40 as the bull bubble burst.

Top Microcap pick: Fintech Select (SLXXF) (FTEC.V)

Fintech Select is creating a network of thousands of cryptocurrency point of sales locations across Canada. Several of them are up and running already which can be seen at selectcoin.io. The company is paying off old debts, including a big one announced on Monday at a discount and increasing revenue in its existing fintech businesses as well as trying to get into this new business. For all the good stuff that it is doing, it is trading at a very cheap market cap of only $15 million Canadian. SLXXF isn't very liquid but FTEC trades frequently in Canada.

FTEC had a full retracement of its stock price from $0.60 all the way down to $0.18, but has bounced back strong, led by the large white candle on February 6th that looks like it signifies a bottom. You can take a bit of profits on the way up, but we think that this stock returns to $0.60 in Canada reasonably soon.



Disclosure: We are long stocks listed in this report.

Despite a recent pullback, Bitcoin has gone from a concept worth pennies a few years ago to worth thousands of dollars. It may appear to some who are late to the game that the opportunity to get rich is gone. However, there are still plenty of ways to make some money trading in bitcoin and other cryptocurrency. Here are some links to valuable reports and strategies:

The Cryptocurrency Codex from the Cryptocurrency Institute 

Secrets To Unlimited Free Bitcoin 

The Crypto-Currency Evolution eBook

Bitcoin Complete Guide for Dummies

The Bitcoin Miracle Guide

The Bitcoin Cheat Code Book

The Crpytocurrency Course

Bitcoin Investing Live


If you're interested in making money investing or trading the stock market, here are some good resources to assist you. This includes technical analysis, investing in the weed sector, dividend stock investing, gold and commodities, sector rotation, options trading and microcap trading strategies.

Microcap Millionaires Free Video: Cheap Gold Miner Set to Soar in Fall 2017

The dividend stock report from dividendstocksonline.com



WEED: Record Financial Results And A Top Microcap Pick

Last week in "Buy WEED When There Is Blood On The Streets" we disclosed that we went long on Canopy Growth Corporation (TWMJF) (WEED.TO). When it popped over $30 it hit our target, but we quickly reloaded on the dip from there as disclosed in "Going For A Second Round On WEED" on Wednesday. The stock in Canada finished strong on Friday with a price of $28.17 at close. Despite a dip so far this week, we believe it will be strong with a $35 target in our article "WEED Target $35 And Top Canadian Microcap Pick" and are more convinced of this than ever after excellent financial results. If you like our picks make sure to follow our blog by clicking the follow button on the top of the left hand panel. We are up to 456 followers despite not giving out a lot of alerts, a fact that we think is indicative of a diligent and prudent stock picking history. If you would like to share this blog, make sure to use the URL "nasdaqnewsreports.blogspot.mx" as certain spam filters on social media don't let you post blogspot.com addresses.

Canopy reported third quarter financial results this morning. The numbers are excellent, with record revenue in Canada, record revenue in Germany, average selling price increased and average cost down:

























The end result was an EPS of $0.01, reversing the slight loss in EPS seen for the first six months of the fiscal year. The stock is trading very strong in the pre-market, as one would expect. Once WEED gets into the low $30's, we recommend traders take small amounts of profits just to be safe, but the stock looks like it will head at least to $35 in the short term, perhaps even by the end of this week. After the stock dipped below its 50-day MA, it suckered in a lot of shorts just in time for two long white candles and a mini-squeeze last Wednesday. This activity falls in line with our "bear bubble" comment made in the article from over a week ago. The stock violently moved up on a short squeeze as the bear bubble burst as quickly as it moved down from over $40 as the bull bubble burst. The stock looked like it was struggling with the 50-day MA over the past couple of days, but with these financial results look like it will smash through that today based on pre-market bids and asks.



Top Microcap pick: Fintech Select (SLXXF) (FTEC.V)

Fintech Select is creating a network of thousands of cryptocurrency point of sales locations across Canada. Several of them are up and running already which can be seen at selectcoin.io. The company is paying off old debts, including a big one announced on Monday at a discount and increasing revenue in its existing fintech businesses as well as trying to get into this new business. For all the good stuff that it is doing, it is trading at a very low market cap. SLXXF isn't very liquid but FTEC saw some very aggressive buying at the end of Friday but still only has a $15 million market cap in Canada.

FTEC had a full retracement of its stock price from $0.60 all the way down to $0.18, but has bounced back strong, led by the large white candle on February 6th that looks like it signifies a bottom. You can take a bit of profits on the way up, but we think that this stock returns to $0.60 in Canada reasonably soon.



Disclosure: We are long stocks listed in this report.

Despite a recent pullback, Bitcoin has gone from a concept worth pennies a few years ago to worth thousands of dollars. It may appear to some who are late to the game that the opportunity to get rich is gone. However, there are still plenty of ways to make some money trading in bitcoin and other cryptocurrency. Here are some links to valuable reports and strategies:

The Cryptocurrency Codex from the Cryptocurrency Institute 

Secrets To Unlimited Free Bitcoin 

The Crypto-Currency Evolution eBook

Bitcoin Complete Guide for Dummies

The Bitcoin Miracle Guide

The Bitcoin Cheat Code Book

The Crpytocurrency Course

Bitcoin Investing Live


If you're interested in making money investing or trading the stock market, here are some good resources to assist you. This includes technical analysis, investing in the weed sector, dividend stock investing, gold and commodities, sector rotation, options trading and microcap trading strategies.

Microcap Millionaires Free Video: Cheap Gold Miner Set to Soar in Fall 2017

The dividend stock report from dividendstocksonline.com



Sunday, 11 February 2018

WEED Target $35 And Top Canadian Microcap Pick

Last week in "Buy WEED When There Is Blood On The Streets" we disclosed that we went long on Canopy Growth Corporation (TWMJF) (WEED.TO). When it popped over $30 it hit our target, but we quickly reloaded on the dip from there as disclosed in "Going For A Second Round On WEED" on Wednesday. The stock in Canada finished strong on Friday with a price of $28.17 at close. We think it will go into the $30's in Canada again soon.  If you like our picks make sure to follow our blog by clicking the follow button on the top of the left hand panel. We are up to 450 followers despite not giving out a lot of alerts, a fact that we think is indicative of a diligent and prudent stock picking history. If you would like to share this blog, make sure to use the URL "nasdaqnewsreports.blogspot.mx" as certain spam filters on social media don't let you post blogspot.com addresses.

Once WEED gets into the low $30's, we recommend traders take small amounts of profits just to be safe, but the stock looks like it will head at least to $35 in the short term, perhaps even by the end of this week. After the stock dipped below its 50-day MA, it suckered in a lot of shorts just in time for two long white candles and a mini-squeeze on Wednesday. This activity falls in line with our "bear bubble" comment made in the article from a week ago. The stock violently moved up on a short squeeze as the bear bubble burst as quickly as it moved down from over $40 as the bull bubble burst. Friday's recovery to hug the 50-day MA looks very bullish in our view, along with the positive fundamental indicators we see for Canopy and the cannabis industry that we talked about in the two articles mentioned in the previous paragraph.






Top Microcap pick: Fintech Select (SLXXF) (FTEC.V)

Fintech Select is creating a network of thousands of cryptocurrency point of sales locations across Canada. Several of them are up and running already which can be seen at selectcoin.io. The company is paying off old debts at a discount and increasing revenue in its existing fintech businesses as well as trying to get into this new business. For all the good stuff that it is doing, it is trading at a very low market cap. SLXXF isn't very liquid but FTEC saw some very aggressive buying at the end of Friday but still only has a $15 million market cap in Canada.

FTEC had a full retracement of its stock price from $0.60 all the way down to $0.18, but has bounced back strong, led by the large white candle on February 6th that looks like it signifies a bottom. You can take a bit of profits on the way up, but we think that this stock returns to $0.60 in Canada reasonably soon.
































Disclosure: We are long stocks listed in this report.

Despite a recent pullback, Bitcoin has gone from a concept worth pennies a few years ago to worth thousands of dollars. It may appear to some who are late to the game that the opportunity to get rich is gone. However, there are still plenty of ways to make some money trading in bitcoin and other cryptocurrency. Here are some links to valuable reports and strategies:

The Cryptocurrency Codex from the Cryptocurrency Institute 

Secrets To Unlimited Free Bitcoin 

The Crypto-Currency Evolution eBook

Bitcoin Complete Guide for Dummies

The Bitcoin Miracle Guide

The Bitcoin Cheat Code Book

The Crpytocurrency Course

Bitcoin Investing Live


If you're interested in making money investing or trading the stock market, here are some good resources to assist you. This includes technical analysis, investing in the weed sector, dividend stock investing, gold and commodities, sector rotation, options trading and microcap trading strategies.

Microcap Millionaires Free Video: Cheap Gold Miner Set to Soar in Fall 2017

The dividend stock report from dividendstocksonline.com



Wednesday, 7 February 2018

Going For A Second Round On WEED

In our article "Buy WEED When There Is Blood On The Streets" from earlier this week, we disclosed that we went long on Canopy Growth Corporation (TWMJF) (WEED.TO). When it popped over $30 it hit our target, but have since reloaded on a pull back by the end of the day on Wednesday. The stock is not in such an oversold condition as it was last Friday, but we think that it has more legs to go up into the $30's again. If you like our picks make sure to follow our blog by clicking the follow button on the top of the left hand panel. We are up to 448 followers despite not giving out a lot of alerts, a fact that we think is indicative of a diligent and prudent stock picking history. If you would like to share this blog, make sure to use the URL "nasdaqnewsreports.blogspot.mx" as certain spam filters on social media don't let you post blogspot.com addresses.

This is a re-post of what we wrote earlier this week on Canopy and other stocks. To understand why we chose this stock, you have to understand the mechanisms that control the stock market now. There is no such thing as a bubble on the way up and a burst on the way down. Both of these moves are bubbles. On the way up we see a bull bubble and on the way down we see a bear bubble. How can we tell this? Bull bubbles are created through speculative ideas that gain momentum on the way up. With high short interest and put options, being bearish on a stock allows for exact mirror image speculation, instead of the traditional view of a bubble bursting as people run towards safety, which we don't think a lot of cannabis investors have done based on their consistent tone. Let's look at the chart:


TWMJF broke through its 50-day MA support. The next stop looks like the teens at its 200-day moving average. And that's the whole point. Anybody can look at this chart and say sell. Short sellers piling in based on some easy-to-read chart signal are setting themselves up for a squeeze. The RSI is down to 37 which is the lowest we have seen it on this stock for a long time. In our view that's another buy signal as it heads toward oversold territory.

The other carrot-on-the-stick dangled in from of short sellers is the idea that Canopy is massively overvalued. Based on the name of our blog, we would agree with that when looking at it with this very simplistic view point. A company with a $3.6 billion market cap that only had $18 million (CAD) in sales last quarter looks highly overvalued, even with a high growth rate. But that's also another problem for shorts. This is too easy and too obvious of a story. There are plenty of biotech companies out there that trade at very aggressive multiples. For instance, ACADIA Pharmaceuticals (ACAD) trades at a similar market cap to TWMJF and has been that high for years despite just starting to generate revenue in late 2016. The barriers to entry are very different as ACAD is protected by patents and all Canopy has is scale. But it also has a much wider-reaching market.

Canopy and the other weed stocks are overvalued due to speculation. And there are several different angles from which one can speculate on Canopy and weed in general. It looks like marijuana will be legalized in Canada, but that is not what we think will drive Canopy's value. There is a rise in the idea that Canada will be the go-to place for global medical marijuana supplies. The mid-term elections in the United States will likely see Democrats gain seats and if they flip either the House or Congress, Jeff Sessions' crusade against cannabis will be met with powerful opposition.

The political climate for cannabis companies in North America could not have been better timed. The Trump administration's tax policy is causing companies to repatriate their cash, which means they will have plenty more to spend on acquisitions. But his behavior outside of economics and tax policy is isolating a lot of people who voted for him. If Democrats take back control in 2018 and beyond and succeed in continuing to implement favorable policies for marijuana by state and eventually at the Federal level, Canopy and other growers would become of great acquisition and partnership interest in multiple industries. This would include pharmaceuticals, tobacco and alcoholic and non-alcoholic beverage industries where there is plenty of cash to go around.

We believe that the collapse in Canopy's price over the last couple of weeks represents a short bubble through aggressive shorting rather than investors running away from the stock. We expect periods of high volatility and heavy swings in either direction, but general increases in price as people who sold at the top look to get back in and others who agree with our bullish stance on the weed sector look to do some dip buying. Both of which will add pressure to a short squeeze, especially to latecomers who shorted the stock based on its break down of support at the 50-day MA.

Now an update on some of our other Canadian trades, most of which have been profitable.

Global Cannabis Applications, or GCAC (FUAPF) (APP.CN)

GCAC has been one of our most consistent and profitable calls. We first called it in our article A Cannabis and Blockchain Story on November 5 when FUAPF was only $0.09, weeks before many other sites chose it and at a lower price. It has hit as high as $0.77 but like Canopy has dropped over the past couple of weeks and closed on Friday at $0.37. We picked up some shares on Friday and plan to pick up more, ideally at a cheaper price. But we are stating this very clearly because we have some mixed feelings on GCAC now. First we will start with the bad:

The CannaLife app is not that impressive so far. In our article A Cannabis and Blockchain Story II: Turning a Concept into Reality, we were very complimentary of CEO Bradley Moore and his ability to keep his early-stage promises. Now is the time to advance past the early stage. The app has still only generated a few hundred Android downloads according to Google Play and there is not a lot of activity from users on it. It's still not clear exactly how they will make money off of it. So far it looks like a collection of interesting articles about the medical benefits of cannabis organized by ailment, but not too much else that anyone would consider proprietary to the app.

A paid promotion. We have seen articles on GCAC from Wealthy Venture Capitalist. Their writing is good, but they are focused more on what GCAC might be able to do rather than what it has accomplished or plans to accomplish in the near term. Our issue here is that this is a paid promotion. In the disclaimer on the site it says this: "The Wealthy Venture Capitalist’s controlling parent company has been compensated $39,500 per month for 3 months by Global Cannabis Applications Corp".

We believe that GCAC could put that $118,500 to much better use, like by developing Citizen Green instead of paying others to promote the stock. And what does this say about this website Wealthy Venture Capitalist? Why do they need to be paid $118,500 for? If they are any good at what they do, they should be able to make way more money trading stocks and giving out honest reports without payment like what we do. We don't get paid by the companies or anyone for the reports we do. All our revenue from this website is from Google Adsense and sponsors of paid services unrelated to the stock picks we make.

This is why we stated that we are still long on GCAC. The only time we ever see paid promotions pointed out is when the people pointing them out are short the stock and want to trash it as a scam. We are pointing out a paid promotion on GCAC and we are long the stock, because we are honest. We don't like the paid promotion, but there is enough good about the stock to overlook this and go long anyways.

The major reason why we are keeping a significant position in FUAPF is that the ICO looks like it is going well. GCAC has recruited Antanas Guoga to create the Citizen Green token so we know that GCAC is very serious about this. We think that this novel idea of leveraging an ICO as currency for a rewards program on Citizen Green has a decent chance for success. The functioning ICO could service as means of exchange within the Citizen Green economy. But first GCAC has to increase the user base like it has demonstrated an ability to do in the past with its previous apps.

On January 7, we mentioned three high-flying Canadian stocks that had a connection to GCAC through one of its large investors, Sheldon Inwentash. We had diversified our win on GCAC to get into these three positions. Two of them immediately doubled which we used to get into UI, the third staggered and we kept it. That ended up being a good decision because even though UI dropped, these other stocks dropped a lot more than it after the move up.

St-Georges Eco-Mining (SXOOF) (SX.CN)

We do not recommend this stock anymore. It suffered a major tank and there has been lots of insider selling with no insider buying even at these lower prices. We also don't like the CEO that much after listening to his interview with Agoracom, a promotions service.

ThreeD Capital (BWSOF) (IDK.CN)

This one looks still okay to buy for one reason only. CEO Inwentash purchased 600,000 shares at $0.313. He obviously believes very strongly in his company to buy this much on the open market when he owns a lot of shares already.

Fintech Select (Selectcore) (SLXXF) (FTEC.V)

This one has dropped so low that it only has a $10 million market cap on the U.S. symbol. It is creating a network of thousands of cryptocurrency point of sales locations across Canada. Several of them are up and running already which can be seen at selectcoin.io. The company is paying off old debts at a discount and increasing revenue in its existing fintech businesses as well as trying to get into this new business. It is by far the cheapest of these four stocks and has the most advanced set of businesses. We continue to hold a position.

Disclosure: We are long stocks listed in this report.

Despite a recent pullback, Bitcoin has gone from a concept worth pennies a few years ago to worth thousands of dollars. It may appear to some who are late to the game that the opportunity to get rich is gone. However, there are still plenty of ways to make some money trading in bitcoin and other cryptocurrency. Here are some links to valuable reports and strategies:

The Cryptocurrency Codex from the Cryptocurrency Institute 

Secrets To Unlimited Free Bitcoin 

The Crypto-Currency Evolution eBook

Bitcoin Complete Guide for Dummies

The Bitcoin Miracle Guide

The Bitcoin Cheat Code Book

The Crpytocurrency Course

Bitcoin Investing Live


If you're interested in making money investing or trading the stock market, here are some good resources to assist you. This includes technical analysis, investing in the weed sector, dividend stock investing, gold and commodities, sector rotation, options trading and microcap trading strategies.

Microcap Millionaires Free Video: Cheap Gold Miner Set to Soar in Fall 2017

The dividend stock report from dividendstocksonline.com



Sunday, 4 February 2018

Buy WEED When There Is Blood On The Streets

The Canadian market giveth and the Canadian market taketh away. It has been a couple of weeks since our last report on January 11 called Forget Kodak, UrbanImmersive Is The Next Ethereum Miner To Pop. It looks like the hiatus was well timed. While the trade on UI hasn't worked out so far, at least it didn't drop as much as some other stocks in the cryptocurrency and weed industries did last week. Now that there has been a major pullback we have an opportunity to pick up shares cheap. A company that we think is bound for a huge reversal this week is Canopy Growth Corporation (TWMJF) (WEED.TO).

To understand why we chose this stock, you have to understand the mechanisms that control the stock market now. There is no such thing as a bubble on the way up and a burst on the way down. Both of these moves are bubbles. On the way up we see a bull bubble and on the way down we see a bear bubble. How can we tell this? Bull bubbles are created through speculative ideas that gain momentum on the way up. With high short interest and put options, being bearish on a stock allows for exact mirror image speculation, instead of the traditional view of a bubble bursting as people run towards safety, which we don't think a lot of cannabis investors have done based on their consistent tone. Let's look at the chart:


TWMJF broke through its 50-day MA support. The next stop looks like the teens at its 200-day moving average. And that's the whole point. Anybody can look at this chart and say sell. Short sellers piling in based on some easy-to-read chart signal are setting themselves up for a squeeze. The RSI is down to 37 which is the lowest we have seen it on this stock for a long time. In our view that's another buy signal as it heads toward oversold territory.

The other carrot-on-the-stick dangled in from of short sellers is the idea that Canopy is massively overvalued. Based on the name of our blog, we would agree with that when looking at it with this very simplistic view point. A company with a $3.6 billion market cap that only had $18 million (CAD) in sales last quarter looks highly overvalued, even with a high growth rate. But that's also another problem for shorts. This is too easy and too obvious of a story. There are plenty of biotech companies out there that trade at very aggressive multiples. For instance, ACADIA Pharmaceuticals (ACAD) trades at a similar market cap to TWMJF and has been that high for years despite just starting to generate revenue in late 2016. The barriers to entry are very different as ACAD is protected by patents and all Canopy has is scale. But it also has a much wider-reaching market.

Canopy and the other weed stocks are overvalued due to speculation. And there are several different angles from which one can speculate on Canopy and weed in general. It looks like marijuana will be legalized in Canada, but that is not what we think will drive Canopy's value. There is a rise in the idea that Canada will be the go-to place for global medical marijuana supplies. The mid-term elections in the United States will likely see Democrats gain seats and if they flip either the House or Congress, Jeff Sessions' crusade against cannabis will be met with powerful opposition.

The political climate for cannabis companies in North America could not have been better timed. The Trump administration's tax policy is causing companies to repatriate their cash, which means they will have plenty more to spend on acquisitions. But his behavior outside of economics and tax policy is isolating a lot of people who voted for him. If Democrats take back control in 2018 and beyond and succeed in continuing to implement favorable policies for marijuana by state and eventually at the Federal level, Canopy and other growers would become of great acquisition and partnership interest in multiple industries. This would include pharmaceuticals, tobacco and alcoholic and non-alcoholic beverage industries where there is plenty of cash to go around.

We believe that the collapse in Canopy's price over the last couple of weeks represents a short bubble through aggressive shorting rather than investors running away from the stock. We expect periods of high volatility and heavy swings in either direction, but general increases in price as people who sold at the top look to get back in and others who agree with our bullish stance on the weed sector look to do some dip buying. Both of which will add pressure to a short squeeze, especially to latecomers who shorted the stock based on its break down of support at the 50-day MA.

Now an update on some of our other Canadian trades, most of which have been profitable.

Global Cannabis Applications, or GCAC (FUAPF) (APP.CN)

GCAC has been one of our most consistent and profitable calls. We first called it in our article A Cannabis and Blockchain Story on November 5 when FUAPF was only $0.09, weeks before many other sites chose it and at a lower price. It has hit as high as $0.77 but like Canopy has dropped over the past couple of weeks and closed on Friday at $0.37. We picked up some shares on Friday and plan to pick up more, ideally at a cheaper price. But we are stating this very clearly because we have some mixed feelings on GCAC now. First we will start with the bad:

The CannaLife app is not that impressive so far. In our article A Cannabis and Blockchain Story II: Turning a Concept into Reality, we were very complimentary of CEO Bradley Moore and his ability to keep his early-stage promises. Now is the time to advance past the early stage. The app has still only generated a few hundred Android downloads according to Google Play and there is not a lot of activity from users on it. It's still not clear exactly how they will make money off of it. So far it looks like a collection of interesting articles about the medical benefits of cannabis organized by ailment, but not too much else that anyone would consider proprietary to the app.

A paid promotion. We have seen articles on GCAC from Wealthy Venture Capitalist. Their writing is good, but they are focused more on what GCAC might be able to do rather than what it has accomplished or plans to accomplish in the near term. Our issue here is that this is a paid promotion. In the disclaimer on the site it says this: "The Wealthy Venture Capitalist’s controlling parent company has been compensated $39,500 per month for 3 months by Global Cannabis Applications Corp".

We believe that GCAC could put that $118,500 to much better use, like by developing Citizen Green instead of paying others to promote the stock. And what does this say about this website Wealthy Venture Capitalist? Why do they need to be paid $118,500 for? If they are any good at what they do, they should be able to make way more money trading stocks and giving out honest reports without payment like what we do. We don't get paid by the companies or anyone for the reports we do. All our revenue from this website is from Google Adsense and sponsors of paid services unrelated to the stock picks we make.

This is why we stated that we are still long on GCAC. The only time we ever see paid promotions pointed out is when the people pointing them out are short the stock and want to trash it as a scam. We are pointing out a paid promotion on GCAC and we are long the stock, because we are honest. We don't like the paid promotion, but there is enough good about the stock to overlook this and go long anyways.

The major reason why we are keeping a significant position in FUAPF is that the ICO looks like it is going well. GCAC has recruited Antanas Guoga to create the Citizen Green token so we know that GCAC is very serious about this. We think that this novel idea of leveraging an ICO as currency for a rewards program on Citizen Green has a decent chance for success. The functioning ICO could service as means of exchange within the Citizen Green economy. But first GCAC has to increase the user base like it has demonstrated an ability to do in the past with its previous apps.

On January 7, we mentioned three high-flying Canadian stocks that had a connection to GCAC through one of its large investors, Sheldon Inwentash. We had diversified our win on GCAC to get into these three positions. Two of them immediately doubled which we used to get into UI, the third staggered and we kept it. That ended up being a good decision because even though UI dropped, these other stocks dropped a lot more than it after the move up.

St-Georges Eco-Mining (SXOOF) (SX.CN)

We do not recommend this stock anymore. It suffered a major tank and there has been lots of insider selling with no insider buying even at these lower prices. We also don't like the CEO that much after listening to his interview with Agoracom, a promotions service.

ThreeD Capital (BWSOF) (IDK.CN)

This one looks still okay to buy for one reason only. CEO Inwentash purchased 600,000 shares at $0.313. He obviously believes very strongly in his company to buy this much on the open market when he owns a lot of shares already.

Fintech Select (Selectcore) (SLXXF) (FTEC.V)

This one has dropped so low that it only has a $10 million market cap on the U.S. symbol. It is creating a network of thousands of cryptocurrency point of sales locations across Canada. Several of them are up and running already which can be seen at selectcoin.io. The company is paying off old debts at a discount and increasing revenue in its existing fintech businesses as well as trying to get into this new business. It is by far the cheapest of these four stocks and has the most advanced set of businesses. We continue to hold a position.

If you like our picks make sure to follow our blog by clicking the follow button on the top of the left hand panel. We are up to 446 followers despite not giving out a lot of alerts, a fact that we think is indicative of a diligent and prudent stock picking history. If you would like to share this blog, make sure to use the URL "nasdaqnewsreports.blogspot.mx" as certain spam filters on social media don't let you post blogspot.com addresses.

Disclosure: We are long stocks listed in this report.

Despite a recent pullback, Bitcoin has gone from a concept worth pennies a few years ago to worth thousands of dollars. It may appear to some who are late to the game that the opportunity to get rich is gone. However, there are still plenty of ways to make some money trading in bitcoin and other cryptocurrency. Here are some links to valuable reports and strategies:

The Cryptocurrency Codex from the Cryptocurrency Institute 

Secrets To Unlimited Free Bitcoin 

The Crypto-Currency Evolution eBook

Bitcoin Complete Guide for Dummies

The Bitcoin Miracle Guide

The Bitcoin Cheat Code Book

The Crpytocurrency Course

Bitcoin Investing Live


If you're interested in making money investing or trading the stock market, here are some good resources to assist you. This includes technical analysis, investing in the weed sector, dividend stock investing, gold and commodities, sector rotation, options trading and microcap trading strategies.

Microcap Millionaires Free Video: Cheap Gold Miner Set to Soar in Fall 2017

The dividend stock report from dividendstocksonline.com