Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Added more today!! $$
Things are looking good, revenue increasing year after year and business is expanding into new technologies and jurisdictions. Poised to cash in on the MJ boom.
Introducing New Technologies. The Company is currently working on a highly innovative real estate development project in Canada with a leading greenhouse manufacturer to build a first and one-of-a-kind marijuana cultivation facility, which will be introduced to the marijuana industry via this project. The custom design features a 64,600-square foot indoor cultivation and processing facility with a 46,368-square foot greenhouse on top of the building for a total of 110,968 square feet dedicated to canopy and supporting functions. Additionally, the indoor cultivation utilizes American Cannabis Company's proprietary, vertical cultivation solution, the High Density Cultivation System™ ("HDCS™"). HDCS applies the principles of lean manufacturing to maximize the amount of usable square feet and horticulture production yields in the facility.
International Expansion. While the Company has continued to increase its footprint and client engagements in the United States (U.S.) and Canada, it is currently exploring new opportunities and partnerships in international markets, including Europe, the Middle East, South America, the United Kingdom (U.K.), South Africa, and Jamaica.
No, it is being ran up due to one of nicest otc weed charts and that is it
I believe this is secretly being ran up to trap a whole bunch of bagholders
Market caps are a load of horse shart in otc. Many pot stocks went to 100 million + market cap in otc last year with literally zero revenues.
As long as the legislation keeps it in the same category as the narcotics, I only keep my valuation on buy at 0.8 tops
20x revenue is around $1.20....
Im sure in the past AMMJ has traded on a much higher evaluation. I dont see why 2018 will be any different
AMMJ is worth .8 at max unless the legislation for national legalization is imminent.
Interesting action indeed. It was a pretty good tree shaking by the bears with the bulls patiently picking up the falling fruit.
Chart still looks bullish after today's close with support tested at .82 and overhead resistance holding at $1.20. A strong move through $1.20 would be very bullish indeed, but the more likely scenario is that we trade sideways for the rest of the week as the overbought situation continues to unwind.
Best of luck.
Interesting action today.
MMs are rubbing their hand menacingly.
Where is the evidence that they are diluting this stock? Where are the convertible notes? Can you post some DD?
Agreed.
It's not done. It's been raising slow and steady and hasn't been volatile.
Watch them announce another new contract/client to add to this. I don't typically like to hold, but this one is a keeper
Technically any close over $1.00 would be very Bullish.
Watch the afternoon rebound. It'll close over $1 and raise more tomorrow.
Have to agree never any pump with AMMJ, they're too focused on growing the company for the benefit of shareholders.
Just a normal correction after a parabolic rise which put us in extreme overbought territory on chart (RSI). You could have bought this puppy for .50 just over a month ago.
The Bears have crapped and they Bulls are picking up all their droppings ahead of the next upswing.
I took my profits yesterday so I'm happy...but you are saying it's a typical "pump and dump"....where's the pump?? You don't hear $hit from this company so I'm just not seeing where the pump was. Certainly not just because they have a new client in CA. Big deal. They've signed numerous clients the past few months and the stock languished.
LOL TIMBERRRRRRRRR...I told you..here comes da dump...party is over here. This trash was pumped by MM to short and dilute shares, now back to 0.7 step by step
Do not fall for any MJ scam pumps. They are all pump n dump
Now they short it back step by step
Blow off top
Hope so. Im buying more next week
Typical MJ pump and dump, next week they short this TURD back to low 0.8
watch how it unfolds
Financials Again,thanks to Morgzack.
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12243759
Have to agree $$$ really do matter. It's a business after all, here to make money and the more money you make/or potential to make same, the better the chart will become.
So all you look for is the charts? Oh god. hate to break this to you but it is the $$$$$ that make the chart. The news that makes the chart. Not the chart that makes the dollars.
An alias fit for the poster
Lol no they dont. Chart matters most and it's real nice
Earnings don't matter? Excuse me? What? damn sure do.
Me too King...took a real nice profit on this one today 8)
* * $AMMJ Video Chart 08-22-17 * *
Link to Video - click here to watch the technical chart video
Was down for months on this and finally in the green. Looking for $1.10 to break today for one more push higher or it may fade back a bit as this is the 5th day up in a row. It's always possible for more green days but I'd hate to give back what little gains I finally have. Showing great strength today after bumping up against $1.10 6 times on 5 min chart. Watching closely for change in L2.
I think it has a good chance to grind higher as it's not as "played" as more active stocks for flippers.
Look for more and more posts here and relate that to how the stock moves. It'll be interesting.
GL
E
Another good move today on strong volume. AMMJ shows that the better companies can make a good profit in this industry.
I expect AMMJ to be a consolidator or consolidated in this business. Big money has been circling this industry for some time and the best companies are going to be snapped up.
The outlook is bright.
Yea i missed the .60's also
Lol
StockZoom, is that all you do is go around posting "Pump & Dump"..? You can stop whenever. Just because you probably lost a shit ton of money, doesn't mean you gotta go around spreading that shit...
What are you talking about? Look at their history. They recently announced a bunch of contracts and they released financials to show they made more money than last year. There's no pump and dump, you're just trying to get cheap shares. lol
ding ding ding, blindjohn gets it $AMMJ
AMMJ is pwning the sector right now $AMMJ
PUMP and DUMP !!!!, MM sucking in fools to short later
100% pump on one contract
Just sucking game at works before they start shorting it
typical MJ stock
pump and dump
LOL
No change in the OS....
10-Q released today
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12243759
Earnings dont matter. Chart only and its setup for big move again
Earnings by eom.. buy before or after?
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |