Dig-It Underground, Inc. - ( DIGX )

 

 
We are going to the well again, back to where we have had numerous potential profit makers - the Marijuana Industry!

Quiet stocks that awaken with an Acquisition PR and Breakout Volume are some of our favorite Alerts and Trading Parameters. If a stock runs too much and the profits have been squeezed out, then we will most likely wait for a pullback to highlight it. This is not the case with our Newest Alert - DIGX (Dig-It Underground, Inc.).
 
At $.0075, DIGX is setting up for a potential breakout. Such is the Daily Volatility Opportunity that this stock presents to the shrewd trader. DIGX remains at the Top of its Trading Channel and has Now Broken-and-Held the 20SMA ($.0054). RSI has turned Bullish, MACD is Turning North towards a + Break, Volume is still Strong after a Recent ~$200K Trading Day, and Traders are eying a Run to $.01 and Higher!
 
DIGX gained some Market Buzz in March when they announced their Push for Corporate Developments. The company began pursuing various strategic options including acquisition and joint venture opportunities. Not long after, DIGX entered into a letter of intent to acquire Cannabeez Media, LLC., marking the entrance of Dig-It Underground, Inc. into the Medical Marijuana industry. Mr. Chaudhry stated, "We are thrilled to be entering into a very exciting and fast growing industry and we will be announcing the details of our first acquisition shortly."
 
Time passed, and DIGX Delivered! DIGX is officially Ready to Enter the Marijuana Industry through a possible Acquisition of Cannabeez Media, LLC. The stock had been floundering between $.002 - $.006 for some time, and it may NOW be ready to Surge to New Highs as developments are revealed. As you will see from the 2 recent PR's, there are Deals and Partnerships ready to be detailed. The stock may rock as a consequence.
 
On September 2nd, DIGX Executed a Letter of Intent With Cannabeez Media, LLC. This Deal was set in Motion in a March 11th Release - Dig-It Underground Inc. Moving Toward Growth.
  • Robert Wodarczyk, President of Dig-it Underground, Inc., announced today that the company has signed a Letter of Intent to acquire 100% of the Membership Interests of Cannabeez Media, LLC along with all its assets and proprietary property, including the web site www.cannabisexaminer.com.
  • Mr. Wodarczyk added, "We are very excited about our entry into the Cannabis Industry and we are optimistic that our relationships will pave the way for significant revenue and earnings increases throughout 2014." We look forward to updating our shareholders as to our progress with respect to this acquisition.
 
On August 19th, DIGX stated they are Pursuing Strategic Opportunities. This Company is ready to Make Moves, and the Stock could be ready to Move too!
  • The Company is pursuing various strategic alternatives including acquisition and joint venture opportunities.
  • There have been several productive meetings and discussions with various companies involved in the Cannabis Industry.
  • Mr. Wodarczyk added that they are optimistic that these will culminate into productive long term business relationships
    • They look forward to updating Shareholders with respect to this soon.
 
We have seen the Lucrative Effects a Fundamentally Strong Entrance into the Marijuana Industry can have on a Stock and its Trading Action. DIGX is not entering a fluff deal, they intend to acquire 100% of the Membership Interests of Cannabeez Media, LLC along with all its assets and proprietary property, including the web site www.cannabisexaminer.com. The Marijuana Industry is Reaching New Heights Daily as Sales, Brand Awareness, Subscribers, Clientele, and State Legalization Grows. Look for similar Small-Cap Market Valuations for Marijuana Stocks, and you can see where the upside lies for DIGX. Entering a Stock at the Right price can increase your upside substantially, so be cautious when entering this trade if you think you can increase possible gains. Take a Look at this DAILY CHART to see how this exciting trade is positioned:
  • RSI has Broken back Over 50 to ~56 setting a Bullish tone.
  • Volume began to Take Off in Mid-August as the stock ran to intra-day highs of $.0075 and then $.01.
  • MACD has Turned North, and a + Cross may be in the cards Any Day now. The Last + Cross saw a ~$.003 Price Reach the aforementioned $.0075-$.01 Highs.
There may be many more announcements on the way, and this could be Huge for a Stock begging to break out. The Recent Cannabeez LOI and Guidance for future deals and partnerships has Traders thinking DIGX could be ready to Hit $.01 and Higher.
 
A run to $.01 from current prices could Net Traders Profits of 47%. After that, there is NO TA Resistance. Look at the Weekly Chart and you will see that DIGX is Flirting with a Blue-Sky Breakout!
 
We may be on the verge of something special here, so be vigilant. Continue to look for more partnerships and deals. Do your due diligence, and trade wisely as always. Enjoy DIGX.
 
Sincerely,
 
PennyStockSpy


































Disclaimer:
Stockchat LLC has received thirty five thousand dlrs via a bank wire for the awareness of DIGX from a third party Outreach Holdings S.A.


 
 
Hits: 27 0 Comments
0
Hits: 79 0 Comments
0

Posted by: pennystockspy
VIEWS: 181
Hits: 181 0 Comments
0
Hits: 141 0 Comments
0
Hits: 107 0 Comments
0
Hits: 119 0 Comments
0

Posted by: pennystockspy
VIEWS: 441
Hits: 441 0 Comments
0
Hits: 161 0 Comments
0
Hits: 155 0 Comments
0
Hits: 233 0 Comments
0
Hits: 239 0 Comments
0
Hits: 170 0 Comments
0
Hits: 196 0 Comments
0
Hits: 177 0 Comments
0

Posted by: pennystockspy
VIEWS: 231
Hits: 231 0 Comments
0
Hits: 195 0 Comments
0
Hits: 211 0 Comments
0

Posted by: pennystockspy
VIEWS: 365
Hits: 365 0 Comments
0
Hits: 189 0 Comments
0
Hits: 297 0 Comments
0