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OR you could play both sides. I rode it up a whil ago and now im enjoying watching these put options on the way down. investing isnt about what team loyalty lies with but more about predicting and recognizing opportunity. This thing is going to keep falling before it heads back up.
Negative? No just looking at facts without emotion. Facts say that long term they have great potential with their partnerships and acquisitions but that there is not nearly the profits to justify the inflated stock price
. The facts say its down 17% over last 3 months, down 11% in the last month, and down 5% today. Refusing to recognize that is a great way to lose alot of money. AND around the corner the estimated per share profit is projected to be a loss! So what I am saying is very valid.
yeah i mean I think the smart thing is to keep averaging down because long term I think the altria partnership gives a strong future. But the prices this stock and many other pot stocks hit were incredibly inflated and they are coming down to earth. Strong stock price which is sustainable needs more backing it which i believe will come. But not overnight.
prob $12 by fri
expected earnings of -.02 on friday not gonna help
Long term Cron looks good but there is a long way to go and the price is definitely going to continue adjusting downwards in the near future.
I literally just bought over 100k shares on fidelity this am....
no way this should be this low... even if you dont buy into whats on the company horizon this is WAY oversold.
Its still more than 50% better lol SMH
no you are just playing word games rather than looking at how the stock is actually structured now vs before and how it related to the news which came out.
well considering how much lower the O/S still is the stock is not actually dilluted. Its half what it was so the price is a great value.
that is just short sighted and not actually looking at what the company is trying to accomplish. They cut the O/S by like 2/3 and now dilluted some to put away debt. None of this is bad or out of the norm. This sets up the stock for a bright future esp with the acquisitions in the works. lol
and how does it compare to a month ago hmmm?
This is just false information sorry... DD shows My statement is true.
Real DD would show that "dilution" is done and that we still have about half the O/S than before so... thats the facts
ppl love to say that like any stock that moves up and then down is permanent and the game is over... but, thats not how it works.
stockcrasher trying to stock crash? lol
CLIMBING!
i got another few g's hitting account tomorrow so im aight if it lingers in the range another day. lol
thats possible...
Oh I am not saying they did anything WRONG but when you release a PR that talks about raising shareholder value and shareholders buy more and then you dilute... comon lol we all know diluting doesnt raise shareholder value so its kinda dicked up.
well you posted it right after my comment so...
i mean that may be a good thing still long term but they knew what they were doing then by releasing that PR to jump the price up before doing that... They knew exactly what they were doing and it means taking our money. Unfortunate. Hopefully the end result will still mean a profit for us.
im not bashing I am holding a large bag of this... I am asking the real questions. Investing is not just blindly assuming everything is gravy. This is a legit question to ask...
even still... Why would the company dilute right after retiring shares...
just need news to drop... There is legit reason this has gone up.
people need to stop trying to day trade this and just let it run...
When are we expecting the news and why?
that is not what happened here.
could have just as easily been 100% wrong... just how things worked out
not sure why still trying to argue. The deal was clearly legit... it defaulted due to toron failing to accomplish something by a deadline and inmed decided they didnt wanna wait and backed out. That is all there is to it...
Yeah i saw this am right before market opened and sold. Unfortunate. I lost a good bit but thats always possible on the OTC. Some lost more than me im sure. The deal was legit but Rene screwed us... Patel couldnt fix it it seems. Its always possible they still close another deal i know other acquisitions were part of the plan but im out for now until DD shows something on the horizon.
Nowhere did i say that... lol
But inmed posted they are default... they didnt post no deal. So thats spreading false information. SMH
nowhere does it say its fake... thats not fact. The deal was agreed upon and its in transition... during transition periods there are deadlines... if one is missed a default status occurs... LIKE THIS IS FACTS. Its business. There are no opinions here... its how it works lmao smh
what are you talking about? lmao SMH
You do realize that a deal doesnt start transitioning until its finished right? A company doesnt start signing over assets if they have no finished a deal.... What makes that so hard to understand? companys dont let others have control of assets if deals are not done... lol
Thats what happens when investors are waiting for an update. Ppl know this deal is done but are waiting to see what happens with the default status. new CEO needs to fix it.
okay so again where is the part thats support to matter to me?