IMO this run is not just about last Sundays airing. Its an MJ stock and this sector is going to heat up VERY soon... AGTK is just starting sooner than others...
Its a similar setup to last years MJ sector explosion, which started around the same time... they ALL didn't run together. They would take turns, as traders moved cash from one to the next. This created a TON of $$$ flow/excitement and it became the most profitable sector in decades.
AGTK is supposedly launching multiple MJ products in California. I dont know if they will be successful long term, but that wont matter if they keep issuing news and attracting $$$ looking for MJ stocks to enter, near term.
We could see a multi penny gain here EASILY if the CEO keeps his foot on the gas... and it looks to me like this is just the start of their efforts... I would not be surprised to see more soon
No one should bet the farm here, but it is as good a gamble as any unproven MJ penny stock, which is 95%+ of them... A good way to play this sector is to start positioning into some nice bottom plays, then when they spike, take your initial out and roll it into another... Do this with several MJ plays and you will make a lot of $$$ as January approaches and the hype hits full boil.
I have been out of MJ stocks for months, except for the best company (fundamentally + technically) in the sector, which has continued to gain as the majority fell. Now im coming in and looking for bottom plays... What we've seen, is nothing compared to whats coming for the sector. California is the epicenter of MJ production and use.
Look at last years run... and this year we are coming off a higher low/support... This is just the beginning imo. All that accumulation just above .01 over the past 2 months, wasn't happening for no reason... It was solid like a rock, which attracted me...