I feel your frustration and was in the same state until i spoke to Jack. I think they have tried. But they can't obviously just come out and state a lot of things because they are in the works and they are legally required to keep their mouth shut. I do agree with Jack that they have tried hinting at some of these in their past PRs. He stated to read in between the lines and it's not too difficult to figure out something big is in the works. It is difficult remaining confident as investors when the stock has been moving sideways for 3 months. But, i think Jack is right, it is the entire US industry, not entirely a fault of ACOL.
As i stated in yesterday's posts, i compared the charts of other MJ companies in US and they all have similar chart setups. They have a huge spike and then a steep drop and moving sideways for weeks now. ACOL is already at the same level of sales that they did in the entire year of 2016 which is amazing. Only a little more than a quarter of the year through and they've hit their total sales for 2016 in 2017. It is going to be a great year. They are showing year over year growth and their social media is very active, along with their marketing and sales teams. They were at Coachella as they stated in their previous PRs, which is a huge marketing opportunity (take a look at Medtainer's Instagram as well for proof). All i can say is that this is a real company that has shown growth. I've held on for 2 years and cannot complain about the profits. As frustrating as it is holding on to this while it is trading sideways, i think we had the same issue before that huge run starting in November. When it moves, it will move a lot. Management is doing all they can to get this company to grow by reinvesting back into the company instead of taking all of the profits.
Govt. officials also like the company's profile as i stated in an earlier post today, and have stated that there isn't issue regarding the federal hesitancy. I think it is too late for the Feds to do anything. 8 states have legalized it. Canada is legalizing it. What are they going to do, drop an opportunity to gain millions of dollars in tax revenue? Times are changing and people forget that MJ is not a big issue right now for Congress. Why would they bother spending money on prosecutions when they have to deal with bigger matters like North Korea and Russia? If Republicans in the House are saying it's not a big issue, then I don't think we have anything to worry about.
We just have to remain confident and hold on for the gains. I am not trying to pump this stock because what's the point? The stock is worth it's weight in gold. The company is real and they do care. Some days I won't even bother looking at it if I know it's trading sideways or down and I got through 2 years of it like this and am now at 400%+ profit. I think i will keep doing the same until it takes off. Less worrying and headaches. It will take off when it takes off.
AI
