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  • Penny Stock Trade Alert MJNA Breakout Coming

    Written by: Dana Salvo

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    MJNA — Medical Marijuana, Inc. TSW is watching the critical .20 breakout area. If we break this area  the stock could get on any major momentum run. The stock made our  Weekly Top 10 as a technical charting play for the week. Critical resistance will be .25 the 200 day moving average.

    Company News

    FULLERTON, Calif., Apr 26, 2010  GT Legend Automotive Holdings, Inc. (Pink Sheets:GTLA) issued a statement today discussing an increase in public interest surrounding the topic of medical marijuana.

    An article by Rob Reuteman entitled, “Medical Marijuana Business is on Fire,” appeared in USA Today and outlined the industry’s recent rise. The article mentions that in the past six months, the number of patients and dispensaries has skyrocketed; it’s estimated that more than 100,000 Colorado residents can legally purchase marijuana for medical use (Source: www.usatoday.com).

    Medical Marijuana can be used to treat glaucoma, nausea, vomiting, appetite loss and chronic pain. It can provide relief for patients suffering from arthritis, multiple sclerosis, insomnia, seizures and other painful ailments.

    Eugene Espinosa, President of GTLA, commented, “We are well aware of the increasing public awareness of the benefits of medical marijuana. We’ve already received numerous phone calls and emails requesting information about our facility’s products and services. We are introducing the community to our wellness center. We are in the right place at the right time to serve those who are suffering from chronic pain.”

    About GT Legend Automotive Holdings Inc.: GT Legend Automotive Holdings, Inc. is a Nevada research and development corporation. GTLA has acquired Compassionate Therapeutic Solutions.

    About Compassionate Therapeutic Solutions, LLC: Compassionate Therapeutic Solutions, LLC is a multidisciplinary behavioral health care practice that offers mental health, substance abuse and primary caregiver services to communities of Colorado. The company’s focus is to provide cost-effective quality treatment and to create, promote, and maintain a positive customer relationship with clients, associates and the community. One of the functions of the clinic would be to provide comprehensive care to individuals who are registered and authorized to utilize medical marijuana.

    HMIT watching the .0015 breakout level. Every pullback has been a buying opportunity so far.

    POPN waiting for news and unusual volume for a nice bottom breakout.

    Disclosure: TSW was compensated $5000 from a 3rd party for a Weekly Top 10 Profile.

    April 27, 2010 @ 4:32 pm Trackback URL Posted in Hot Stocks and tagged with , , , , , .