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One needs to remember that revenue from ancillary products was way down in the latest financials. If they keep dropping the only thing left will be consulting income.
I would love to hear your thoughts on this company and stock. I have always liked it for the share structure and float. I got out a while ago..
1 - AMMJ makes money by selling ancillary products and they don't touch the plant. (limits risk in regulated markets)
Does anyone want to have a convo about this stock? I keep trying to engage someone on this board. I will now just list a bunch reasons why I like AMMJ... as separate posts. lol
This looks like it is heating up along with other MJ stocks. I am thinking we see the buying run start again by mid day just before 2pm. Could get as low as .61 during that time. Any lower is a concern, but depends on the strength at .61. I will be buying some more around 2 unless the asks gets attacked in the next few minutes.
I'm still in back at .85 just after the election, and I'm kicking myself for not averaging down so many times like when it was back around .09. Oh well
superb off 52s...should see 200dma like lots of these mjs
lol you are joking right... they also went up 1000% or 10x and lost some of those gains... good luck getting shares for 11 cents again... MJ stocks are real news. This guy is salty he bought in on hype post elections, i bought early, well before the votes, and this is another good buying time... unlike after the vote which is always a sell time. Buy on upcoming events you see going your way, sell when they occur.
I bought more ... hope you were sarcastically laughing at the PPS dip bc it was a great day for me on AMMJ.
Sweet 3 1/2 cents down this morning! Yep, big things are getting done, no doubt about it... HAHAHAHA
#AMMJ: Things getting done..:-] 0.35 one more time...
https://www.facebook.com/GrowingTheNextFrontier/?hc_ref=NEWSFEED&fref=nf
I still love the float and share structure of this stock though.
BOARD WARNING:::::::: just another in a long list of MJ penny stock pump and DUMP since the NOV 4 Cali vote ..AMMJ:::::: this is exactly what a smoke and mirror scam is ! This mornings news. So they secured a contract , it could be 1 square foot and a couple of plants ! They have no specific details! This happens in all MJ stocks! They pump everything up ! Did you see what happened to the stock after the Nov 4 vote ? Every MJ stock went down the toilet. Fake news! DO NOT BUY..
This board people are so demanding. A lot of people remember making 100% profits in this one over last year and still crying because can not flip an stock that can not be flip . This stock has been a huge winner to me and many others without fundamentals and now it is looking sitting beautiful in a lot of new contracts that sure will bring sustain revenues in all the states where cannabis is allow
??Pennsylvania awarded 12 licenses yesterday to lay the foundation for the states MMJ program.?? https://technical420.com/cannabis-article/christmas-came-early-pennsylvania-mmj-applicants
I am anticipating bigger than expecting revenues in next qtr but if not its fine. everyone in the industry is in revenue track to meet or pass expecting revenues. A lot of new customers for AMMJ all over US cannabis states and ancillary services revenues following up. this company has been a big winner for me and though bought a few shares higher in my cash account that i wanted last time run back in December sure it will pay big for me again, i have 15 cannabis stocks in my retirement account and all of them are in the legal pharma or else money and all sure to be winners. Again buy this one AMMJ as will pay you big overtime
The times of short big profits runs. The plan from now should be to buy and hold in the deep over solds. There is nothing wrong with the company and the cannabis market continues to expand..stay in course for 3 to 5 years...
Is there any reason to remain long in this? Ive lost enough. Thinking about going short for a while..thoughts?
Jesus this stock is a massive flop
All old news. This stock feels like management just walked away from the company. They certainly don't appear to give a rats a$$ about shareholders.
What a disappointment this one has been. Two straight quarters of dismal results in the products. Now I guess Corey will be free to sell his 12mm shares? Not sure how the market will hold up to that.
Happy to bail out from this. I don't see a lot of money in consulting. Good luck to all.
But why is the price falling?
Best,
Bob
Super weird that my post was deleted. Was it because I used the Trump word?
Go figure still falling.... shocking...
I enjoy that a NT was filed today...
guess it is all that business that keeps them too busy to do reports... HAHAHAHA
Dolla dolla bills. Up up and awayyyyy. Hope you all bought some cheapies.
I don't short, I don't even know how to, I really thought ammj was next to breakout, if you look at AMMJ and CNBX charts they look damn near identical, CNBX broke out in a big way, and I thought AMMJ was next, well i guess it did breakout but to the downside :(
I think you mean support. But there is a clear support at .35... It's as plain as day. And although it flashed down there today my .38s didn't even get filled so it traded around orders. Let's see how the rest of the week plays out. RSI is showing strong oversold conditions for the first time since the run up. I bet this sees .65+ in the near future.
But if it doesn't I hope you make money on the short side.
Best of luck to all.
Im looking at the chart and it's looks terrible, Im not seeing any resistance points all the way down to low teens
I hope but not likely. Smart money will start accumulating earlier then last year. These will all run to new highs come Jan 1st when pot is legalized in the most iconic places in America, Las Vegas and California.
Geez, at this rate this stock could be in the teens by mid May
Bouncing by end of week. I'm Accumulating. Thank you to whoever sold me shares
Nice lil bouncer this am
Is that a gap in the chart on October 12th
Broke the 200sma today. There is a resistance at 0.54$ might be good for a quick scalp trade, but i would never hold this pos longer than a day.
People, if you are holding the bag here, think about an exit strategy.
I think this company is a complete sham. Trades no volume, has not had a any news in 6 months (probably do not have the money to pay for the PR) and the company is in a questionable industry.
Hahahahahahahahahahaha...
Trump impeached...yeah right.
.
Whats up with this garbage? Anyone else trapped here? Seems like corey hollister keeps dumpin his shares all over this. Remind me why i got in this again other than the pumpers we all listened to?
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