DD Support Board and Research Team

[DragonBear]

Is there really a broad based bull market in MJ stocks?

Not in the traditional sense.

My guess is Pennyland is simply out of tricks. Even the dumbest gambling-addicted players have wised up

Yes&No. Let's use my favorite ex-oil new MJ scam- BAYP. The previous CEO took the company from Rare Earths (not the planets) when REs were getting a lot of publicity on the NYSE. Then he migrated to buying capped oil wells - for FREE. He started in 2014, following the shale oil headlines. Seeing nothing happening, he added in a cosmetic business featuring Hemp Oil facial cream. And kazaam the stock took off. Then that pump ended, and he drifted back to oil. But first he did a R/S taking the O/S from 1.5B to 15M.

He tried a few lame pumps in 2015, then went on a long vacation. Bad tactical move. The PPS without the pumps crashed to 0001. The O/S climbing to 270M or so by the end of 2015. Then he came back from vacation, updated the bogus OTC filings, renewed the Nevada business licensed. In came two different waves of retail pump gangs who apparently jump into any stock that suddenly updates its OTC filings. In anticipation of a pump. Another lame oil pump PR came out. It went nowhere. I suspect our hero didn't have enough money to pay the promo sites. His last pump he was looking to obtain assets for FREE in other unmentioned areas. Shortly thereafter he abandoned his Microcrap stock scam, and turned it over to his buddy Clay "Pigeon".

During this time one of the pumpers found BAYP being listed as an up&coming MJ stock. In came a swarm of pumpers. It's announced Clay is taking over the scam. Afterwards a pump PR that BAYP had bought something for FREE, and they are going to become the "Angies List" of the MJ industry.

Sounds completely lame doesn't it? But it attracted a nice crowd. So one has the scammer trying to pump the MJ angle. And a swarm of retail pump posters also playing the MJ angle. As in if it's MJ, then it's good to go.

Only one problem. The debt note holders seeing the past pumps going nowhere went toxic. Late 2016 the O/S was jumping 100M+ almost every week. It now sits at 3.2B, and the PPS 0002. Yet another tactical mistake. Clay should've performed another R/S 1:100 or at least 1:10 up front. Change the ticker- always a cause of excitement, to cover up the past BAYP stink. Then pump the MJ.

BAYP is an example where a lazy stoopid scammer having failed in their other scam angles, falls back to the tried and true MJ pump. The pump gangs having successfully pumped the MJ stocks up in the past jump in. With both sides confident anything works for a MJ scam. And for the most part anything does work for a MJ scam. Unfortunately (or is it fortunately?) both sides didn't account for the O/S 3.2B shares. Where even the retail pumpers are drowning in a continuous toxic share dump. I've lost count of the number of posts that predicted "The 0002s are almost gone!". Maybe next stop is Bitcoin?