If our or any CEO is not Happy usually nether will his shareholders be. Capitalism seems to have a Trickle down effect and The Stock Market is so manipulated by so many that we can not rely on others for our own trading skills. It took me over thirty years to learn what I now know about trading and I could still end up losing like I did with other companies that most thought where solid like General Motors and world Com.
So now I moved to the OTC's which has mostly High Risk / High rewards stocks like UNGS and with World events, Politicians, manipulative MM"s , Hedgefunds, Crooked Brokers and CEO's that learn how to bend the rules and use every trick in the book against the average investor, I would not try to buy and hold any stock long term until I can make a profit on it first by flipping part of my shares every time I get 100% or better and I have been know to take less in a flat market 4 x 25% = 100%.
I do my own test because the tools brokers give us Like Level II are manipulated also they put up fake walls of 100's of millions on the bid when there is just a few million sometimes or only show 10,000 on the ask when they sometimes have 100's of millions to sell. MM's get away with a lot of things in the name of making a market. I've had stocks in the past that while I had a sell order in for lets say .0005 that sold millions of shares of .0006's at the same time while my lower sell order was in for 5 that did not fill. I would call my broker and they would say it was the MM's and out of their control.
So at that point I would change brokers. Now I have a few different ones so I can test the Brokers.
I learned that TD Aturd is not penny friendly and prefer Charles Schwab although they all have there quirks.
Sometimes it requires a phone call with all brokers to get treated right.
I do my own test and for every buyer there is a seller and some one bought my ungs test shares over the last few months. I posted the orders with the share amounts and time of sell. so who ever got them can verify it if they would like and I sell in small increments like 999,999 for a few reasons. One I can spot them on level II,
As I place the order and see which MM has my order and schwab is good about placing them with Multiple MM's so with Level II, I can see which MM fills my order and cancel the orders with the non_ friendly MM's That may be short or will not fill them for me. So for all those who think there is an orderly market by MM's there is not.
I hope this helped.
Watch Act Earn and Learn!
One thing I have learned with UNGS is patience.
Maybe it's Wayne buying back. He owns quite a few shares himself witch gives me confidence that he will keep trying harder than most CEO's of other companies that don't own stock.
I have been trading this stock for years and even in the worst year for me which was last year. After being flat all year because Florida Cannabis did not pass in 2015 as was expected, UNGS closed out the year up 100% at a double 2 and I was able to sell. Then early this year with Florida passing Cannabis as the Driver IMO.
I sold nearly 120 million shares of doubles 2's and triples 3's and I've Sold Doubles 2's ,Triples,3's and Quadruples 4's Many times over the last five years watching UNGS run 500% or better many times after the opposition said it would never bust 1's again every year and I would lose. I have been consistently right or maybe just lucky with UNGS, but at This point I can't Lose. The question is how much more profit will I be able to Make with UNGS and will it keep having them 500% or better runs over the next few years.
I do have many Millions of shares of Ungs I'm now riding for free, This is not my first rodeo. I don't fall in love with any company, Nor do I Put my faith in any Management, Only My ability to trade them.
Believe me I wish I had all my money back on lessons learned with companies most thought where solid Companies Like General motors and World Com which the government let cancel shareholders shares and bailed them out and keep the same management that sunk them in the first place.
witch is what help drive myself and many others to the OTC market where the risk is a lot higher but the high reward is sweet.
I take a gamble and buy a stock based on it's past charts mainly, In a sector I like such as cannabis and try to trade for a profit as soon as I can.
When you are at the bottom every tick is 100%. So once I sell enough and get ahead on it. I ride part of my shares for free and buy another stock with the rest of the profit.
Wash, Rinse and Repeat!
When a sector is HOT traders can throw the fundamentals out the window.
In this case like many other times in history the cannabis sector just like the Gold Rush and Dot Com Era is Hot. The Green Rush is on and in Florida which just come on board we Own it.
At this point This is what I'm hoping Doc Anderson focuses on:
On March 5, 2017, The Greater Cannabis Company, Inc. retained the services of two consultants to further expand its operations. The Consultants are being retained to identify currently operational businesses which specialize in “Grow facilities” and “Delivery” and are available for acquisition.
As of the date of this filing, the Company has identified three (3) Grow facilities for which it is completing further due diligence for a proposed transaction.
Good Luck and happy Trading!
