MOJO Swing Trade Newsletter 1/7 Evening Update

Published: Tue, 01/07/14

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Tuesday January 7, 2014

Good Evening MOJO Swing Traders, 

What an amazing day and start of the year. In the video update today, I forgot to show you Medbox (MBDX) - this stock I have been watching since we traded MJNA last February. Then the stock was $25 per share. I read an article in Forbes about Medbox and felt the future of this company was true CANSLIM. Huge increases in earnings (especially with more passed legislation) - HOT Product - Low Float - etc...

Forbes Article - http://www.forbes.com/sites/timworstall/2012/11/17/would-you-believe-dope-fueled-the-best-performing-stock-of-the-week-a-3000-rise/

The stock has gone from $11 to $40 in the last 5 days and today closed at $75.00 (See Image #1)

So now I wanted a sympathy play to that stock as my friend was skype with me how he got CBDS (Cannabis Sativa at $4.00) up to $13.00 today = 8 points

I knew about REFG from 9/3 when the Model had it at $.42 to break thru $.50. (line 26 = https://docs.google.com/spreadsheet/ccc?key=0Amb9wqa86WkudHBnNmQ5SExOR2ZJdUw5a3VlSndJOWc#gid=13 ) 

Wound up taking loss of 40% and $1,700 - I have been patiently waiting for redemption and now MOJO has struck with vengeance. Picked up 20,000 REFG at $.18 and sold part at $.25 - see what rest does tomorrow. Ultimate sympathy play to the Weed Stocks - and it has a good story. So we may have an Ultimate great print to hold some for longer term.

See Headlines here - http://finance.yahoo.com/q/h?s=REFG+Headlines

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How I picked CDTI - 

In comparison to PLUG we have a big CANSLIM winner - with same fundamentals that PLUG displayed when it was little $1.00 PLUG

FCEL was taking off and PLUG soaring - I had this on my personal radar due to the LOW FLOAT of 9 million - this one can really FLY as are seeing right now. After hours trading $2.15 X $2.19 - NOW, if you have ability to trade after hours SELL Some here $2.15 + and tomorrow we will be able to BUY those shares back - most probably between $2.00 and $2.05 = MOJO CALLS THAT THE BOX!!

Clean Diesel Tech (CDTI) = Start with 10,000 shares - Adding 10,000 more shares - ALL IN - HUGE WINNER!!!! - SEE IMAGE #2 

cdti
CDTI
gluu

Thanks for watching, and profitable trading!

ProTrader Mike
email: info@mojodaytrading.com
website: http://www.mojodaytrading.com

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