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Re: PENNIEStoSTACKS post# 164

Sunday, 12/07/2014 2:45:27 AM

Sunday, December 07, 2014 2:45:27 AM

Post# of 198
Interesting chart 8 red candles in a row on a NASDAQ stock wow! Who knows where bottom is, company has been out of the MJ sector for awhile now, not that they were ever in it. But now they're just another BDC without stated plans of expansion into that industry so PPS makes sense given that momo investors abandoned ship months ago. All I know is BDCs are difficult to value because of the wide range of funding projects.

What I don't understand is why these guys never tried to do any other MJ deals after CANN fell apart. And to think many people were actually touting this as the most stable stock in the weed sector. LoL where are those people now?