Don't Try to Categorize Latteno Food - Just Buy It (KRFT, JVA, LATF, HEMP, MJNA)

What do you get when you cross a Coffee Holding Co., Inc. (NASDAQ:JVA) with a Medical Marijuana Inc. (OTCMKTS:MJNA) and a Kraft Foods Group Inc. (NASDAQ:KRFT)? No, it's not a setup for a punch line - there's a legitimate answer. And that answer is, Latteno Food Corp. (OTCMKTS:LATF).

Don't sweat it if you've never heard of it; most investors haven't. Its obscurity doesn't negate its opportunity, however. Indeed, LATF may be one of the market's best short-term trading opportunities out there right now.

So how does Latteno Food Corp. act as a blend of Kraft Foods Group, Medical Marijuana, and Coffee Holding Co.? The company's technically a food supplier/wholesaler, in the same vein as KRFT. But, its core food business is milk and coffee, following in the footsteps JVA. But, it's also staking a claim in the medical marijuana game - through its subsidiary Valley Organics - that allows an investor to categorize it with a ticker like MJNA. In fact, LATF is going to deepen its exposure to the medical cannabis and food industries by combining regular food products and medical cannabis; there's an open call for MMJ recipes right now that may be converted to on-the-shelf products where legal.

Given how red hot marijuana stocks like Medical Marijuana Inc. or Hemp, Inc. (OTCMKTS:HEMP) have been of late, it's no surprise that Latteno Food Corp. shares have been able to tap into that uptrend. Unlike shares of Hemp, Inc. or Medical Marijuana Inc., however, LATF has just now begun to rally, and there's plenty of meat left on the bone. In fact, the chart looks downright delicious for this eclectic food producer. 

The chart below tells the tale. Things started to heat up in early January, but rather than fade out the way most trends do, this one never quit. In fact, it accelerated, on growing volume. The best shot the bears had at killing the budding rally from LATF was to take a stand at the 200-day line (green), and they even got a helping hand to that end when shares peeled back from the high of $0.0047 on the 28th, when shares finally blew past the 200-day moving average line - the sellers pushed it back under the 200-day line that very day, and pretty much kept it at bay ever since. That is, until today, when the bulls got on their horse again. Shrugging off that lull and not looking back, it's pretty clear as of today that Latteno Food Corp. isn't going to quit anytime soon. The market's sheer willpower here is making it happen, and that's a force you just don't want to mess with.

Bottom line? Time to wade in.

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