Monday, October 20, 2014 6:59:15 PM
And it could be a dead cat bounce.
How's that for lack of commitment?
The recent .0115 low did not sink below the previous .0113 low, flashing a potential Double Bottom forming on the chart. If it is a true double bottom, the breakout area will be .019 and could send ERBB into the .03 range.
Fundamentally, the November 4 elections will be driving any hype in the short term. American Green is "due" a PR considering the last disclosure announced Zazzz machines placements in late October, updated to maybe early November due to "delays".
I really don't care much about share price anymore. I made my profits here already so I'm coasting. What has me upset is the poor operational execution. American Green has so much going for it and Shearin is a dynamic leader but he needs to remember that winners execute. Repeated stumbles have deflated most of the excitement here. ERBB and American Green need to start pulling away from the herd of losers who have no business in the cannabis market.
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