I think it is pretty clear that the MM's do not want this going up. The new short report showed a big increase in shares shorted and the MM's got caught off guard with yesterday's PR. Now they will do everything in their power to try and bring it back down. Then you have yesterday's flippers who are bailing due to the MM games. Once the flippers are done we should see a slow and steady rise, if the buying volume continues. If volume dies down, the MM's will be quick to resume the walk down.
This is seen in the OTC markets everyday and why these folks get rich, while the SEC turns a blind eye to what they do. So what does an investor/trader do, you try to buy as low as possible and go long on those companies worthy of a long position, and there isn't many, but this is definitely one of them.
As for the debentures, Mr. James is working the issue to reach a satisfactory solution for both parties involved. I respect his tenure in the financial world and strongly believe he will get this all resolved in good time. He has been through this before with a previous company he was called on to rectify, which handled masterfully to keep shareholders from losing as much as possible by finding a buyer for the company. He is this close to hitting the market with a line of CBD products that are well positioned to dominate in the marketplace and bring in huge sales and profits, so you can bet he will find a way to get this resolved.
There is much interest from some very large investors who are looking to invest in the MJ sector, because of the huge growth that is expected for the next 5 years. It would not surprise me in the least if Mr. James is exploring this option as we speak. He has laid the groundwork for a very successful CBD launch with all the industry experts in his corner. That will catch the interest of those investors looking for the right opportunity.
Now there are those who say the sky is falling, because they only see things through a negative standpoint and then there are those who weigh both sides and can connect the dots to see the huge opportunity that is coming this way real fast. It's always good to weigh the two to understand both the positive and the negative. I have done just that and I see this as a great opportunity after weighing the risk involved. Those that have a different outlook are free to look elsewhere, but it befuddles me when they are so insistent on spending their time posting JUST the negatives. The only logical reason is that they are short, otherwise it just doesn't make sense to waste one's time to try and stir up a hornets nest on a stock that is moving up behind great news.
Anyways, everyone needs to make their own decisions and weigh the REAL facts to make a smart investing decision. We will be at the mercy of the MM's at times, but there will also be those times when the MM's change course after accumulating enough cheap shares and run this up big time. It just the way it is down here and if you are prepared for it and understand it, you won't get as stressed over it.
I personally think we have a huge winner here and invested accordingly, especially after yesterday's news, confirming that we are very close to going to market without any real competition and the experts in our corner. Exciting times still lie ahead and I will be happy to weather the storm again and again. Cheers!
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AI
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