Hemp Inc (HEMP): Combination of dead cat bounce/anticipat...

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Det_Robert_Thorne

Re: Highlander2 post# 56189

Friday, 04/24/2015 3:50:50 PM

Friday, April 24, 2015 3:50:50 PM

Combination of dead cat bounce/anticipated decorticator news

My best guess is that this rise is a combination of a bounce off the recent low (where I bought at $0.0175) and anticipation of the hoped-for news next week that the Temafa engineers have arrived from Germany as planned.

If that news comes out, HEMP will probably run to between $0.03 and $0.04 until people realize that the plant will still take 90 - 120 days to become operational, and then will only be able to process kenaf.

I'll be selling my shares into that rally (one can be negative on a company and its CEO, and still trade swings).

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