Sunday, February 26, 2017 11:37:22 AM
Among the many quotes that I love from this movie and that I refer to at different moments is "Behind every successful fortune, there is crime".
There will be ripping and running, ballyhooing and crying, lying and denying, faking and shaking, showing while withholding and a whole lot more on this stock before it's all over.
Because we understand clearly that there is no consultant dump happening here (No debt, small float, tight float, no preferred, no converts) or that will happen here over the next several months, you can tell a lot from retail trading. Really it follows the pattern of the human brain, no different than a poker player really (to an experienced player) who can tell whether the flip helped the opponent or not on one educated glance...
A lull in news has some with ants in the pants selling midday below market prices at the end of the day (hammer), basically getting less value from their shares than the market was clearly willing to pay on that day. Traders call that type of thing many things including tree shaking and other terms for noobs getting ripped of their value - but again, this is just jostling while the horses are entering the gates, race hasn't even begun yet.
Recommend among the Godfather II quotes "keep your friends close, and your enemies closer". Be careful who you listen to and know their stated intent.
As I understand it:
This company has since Q3 2016 when they stated interest and a change in the business plan from movies to cannabis touted 2 websites. One for a medicinal play, the other more recreational in nature.
This company has touted exclusively in the press releases potentially offering grow machines for MEDICINAL cannabis and vegetables.
Medicinal Cannabis is legal in 28 states.
There are 50 states in our union.
Any comment from the village idjut White House Press Secretary frowning on "recreational MJ" while validating in the same breath "Medicinal MJ" could clearly be seen as a growth opportunity for THIS company at THIS time. 22 states in fact (if my math is correct), if you are taking this off the cuff comment by the secretary to frame a point - as factual in all regards (as some appear inexplicably to be doing).
While some are jostling for shares here at this time, be careful who you are listening to and know their intent if you do plan to listen to them. The retail trading patterns as of late speak volumes as to what is happening.
I'll post again after the name change news and the real marketing starts for this company including what i'm sure will be updates on the grow machines and other stuff that these guys may have in the fire.
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