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Who's pumping it other than long term investors?
If I say .50, I'm thinking in 2 weeks (or whenever quarterlies are announced) and if that doesn't pop, then Q2 Report timeframe.
We're all optimistic because our CEO finally said something with her own name attached... She's stepping up her game.
Before MJNA she wasn't a business person, but a lawyer. She's new, will make mistakes and will learn from them.
So for events that show growth in the executive leadership, we gain more optimism: especially after the recent destruction in market capitalization.
Haha... Still not yet
AM and still good to go apparently.
We were all encouraged to hear that asshat is stepping away.
He's not a good writer, he has poor journalistic qualities, never cites his sources unless its another poorly written or supported article. He's never attempted to interview anybody at MJNA.
He's a hack, unworthy of toilet paper.
Questionable does not make it a fraudulent scam: their articles outright lambasted MJNA. Referencing Llamas as if he sits in the boardroom, throwing around unprovable accusations and just outright ignoring journalistic integrity with publishing without evidence or interviews. They have no integrity... The write soft target arguments for $500 a pop and can make more is they draw lots of attention: so they baffle with bulls*** to upset people and draw them into clicking links to get paid.
There's no editorial oversight and no integrity.
If anything, first test of .50 will likely fail because of bag holders and profit takers who are afraid it'll collapse. It'll be the 2nd or third test.
But in all honesty, if we skyrocket, I hope we slow down in the .40s and gradually build into the .50s.
Slow and steady wins the race.
Does anybody know anybody in Anonymous? Have them hack SA.
Is this your battle cry? You jumping already? Have you already loaded to sell to you followers?
Above the HOD? They were definitely anxious to pay that much
Private equity or business loan? I've never read of a private equity firm that gives out loans. Of course, I've never started a business.
The PPS doesn't truly change after close. Some brokers just show 'last trade', but the closing price that's recorded for posterity is the last price before close 15:59.999 last possible trade for 'Close' price.
I know Etrade just shows 'last trade' and ignores the time stamps.
No.. Private Equity is not in the business of loans.
Equity = Ownership.
Trust me on this one, I've taken a whole course on financing a startup business (Entrepreneurialism) in my MBA program.
They don't ask for Prime + 5%, they evaluate the business and ask for a % of ownership such that potential profits will pay them back in 5 years and then when they sell their position its all profit for them.
Who T-trades at values higher than the HOD?
Technically there are no after hours trades, but a private sale of a desperate individual willing to pay more just after close? Odd in that not only are they higher than HOD, but also up to 15 minutes after close! I've seen up to 3 minutes, never 15.
No we don't: do you know how they work? They'll demand a large % ownership which HDDC will never give up, so that would mean significant dilution!!!
Oh, absolutely.. But given the recent and significant negative trend, breaking .25 would have a week over week increase and that would be absolutely wonderful. Sure I want to .35 again, but for this week .25 would be the bees knees.
I'm not very good at not swearing and using "colorful language".
We both know people are emotional traders and get caught up in the enthusiasm and will chase a rising PPS, reinforcing the climb.
As well, most penny stock traders don't follow fundamentals. The technicals are good, if you believe in them then the indications are strong for a higher return bounce and if we get enough momentum and volume we'll see those emotional traders jump in wholeheartedly, and only the aggressive ones won't be left holding a bag when the spike settles and falls back some.
That's where SA started attacking : at the peak, at the triple top at .50.
Charts by nature 100% 'trend based' and lots of investors wait for the chart to tell them the trend has reversed.
So, you have to look at the daily or weekly prices (based on what different investors use).
Friday closed at .17, but the average was higher, and the peak was .178 or something. Yesterday can be considered a small hiccup, so you truly reverse the trend, we need to see a weekly chart higher than the previous week.
Last week Monday was in the 24s, but Friday trended down, so we only need to truly beat Friday's Close by this Friday to reverse the trend.
We know for a fact the Money Runners are waiting for a positive trend reversal so let their legions loose on this stock: that will give us a nice bump higher and the increased positive price movement, volume and RSI going into the Buy will draw LOTS more attention, reinforcing the climb.
If we don't break .178 we're not reversing the trend. We need .18 or better to reinforce the reverse. Of course on a weekly chart we need like .25.
Who's got L2: why aren't we breaking 17.5? Is there a dark pool parked there or just not enough buyers?
Less fluff than most other PRs.
I concur with this wholeheartedly!
More evidence for their lawyers' discovery phase.
Exactly: Infitalis wrote flat out lies and hasn't posted ever since. Assha and Alan only speculate without performing journalistic due diligence: they never ask questions of people, only of inanimate documents.. They design their articles to have just enough facts to instill doubt.
Like challenging the lack of a market maker and being a pink sheet... No facts like Unaudited Pinks are all unsolicited.
I'm not happy that he's off the board:
But we have to remember: Dixie was his baby and MJNA worked out a deal with him to create Red Dice Holdings.
He still runs RDH as an employee of MJNA and He owns the other 40%... He's making cash hand over fist and his focus is on RDH and Dixie.
No. He's works for somebody who has a short position... Probably owners/moderators of SA because they pay him at least $500 for those attack jobs, and they WILL NOT post positive articles written by others. They're trying to manipulate the public.
We'll see if Alan is sued or indicted, maybe, maybe not, but until then he can just keep digging his grave and giving MJNA lawyers more reason to continue their discovery efforts.
Many investors copied my letter I posted here Saturday morning and emailed Stuart and MJNA. I also emailed them and then hit every Facebook page and sent messages, and a 'recommendation' that shows up on their main MJNA page. I hammered them with specific questions which they answered.
Yesterday they were already working on a response because my golden hammer was swung directly at the CEO is a very public manner.
I challenged their priorities (which wasnt share price apparently). They were paying attention to the fact that if the price broke .10, the PPS would have been totally effed for some time (no uplist unless you have 90 consecutive days of > $.10)
I was furious on Friday.
I had a dream about sitting at a large table (boardroom?) with Michelle and some MJNA lackies who were trying to prevent me from asking specific questions: when I woke up, I wrote those questions down and crafted my 'open letter to Michelle Sides'.
Stockholders deserve to know what the company is doing to protect shareholder value, which they were not doing at all.
Building the company is good for long term value of the company, but being subtle or ignoring detractors was ruining the PPS and she needed to learn that's not acceptable.
You found her in LinkedIn?! I tried to find her when I wrote that letter.
Yeeeee haw!!
Gotta close green for the week for the reversal.
Panic?! No!
It reflects the recognized need for transparency and response to shareholder demands for information.
We true longs have been hammering them with questions via email, twitter, Facebook, etc, for weeks now.
They responded. I think Michelle did a decent job, but didn't go far enough.
However, when discussing potential litigation, you can't give away too much info or you might give your opponents ammo to fight you with.
Unfortunately unlikely: if you have a tiger by the tail: you don't let go.
It means NOBODY IS SELLING.
None: MM's don't begin managing the stock until its audited. MJNA does have a contracted MM, they just won't get involved until the audit is submitted.
Most, if not all Pink stocks are unsolicited.
Doesn't sound shady. The Phytosphere brand/company is still 80% ours, think of it like outsourcing the operations: sold the equipment and resources, kept all the important stuff.
So we sold inventory and equipment, got paid for that sale in stock (and maybe cash some day preferably). We also got licensing fees for the use of our brand/company (the outsourcing aspect)
I am so happy I woke up early Saturday morning, wrote that letter, posted it here and then emailed info@ and ssmith@ and hit Facebook.
I wish they would have responded over the weekend before yesterday's 4pt catastrophe.
We'll see if they hit harder today or if the letter answers enough questions.
Given the nature of Pink, and the industry, they need to address issues as they arise, regularly and with the same amount of frankness and transparency.
Exactly: cooking!
Mislabeling actual value is not cooking. It's a royal Eff Up, but not a intentional fraud.
The executives of MJNA are not seasoned Wall Street warriors, they're new to this and will make huge, stupid mistakes.
We need a Fortune 500 senior executive who has the experience to take this company forward.
Imbimbo... Nice try but no As... Keep digging through the pigs hit to find mud to sling... You are not good at bashing
Yeah, what I meant is that the stock will not take off until it builds up very very very very very slowly!
"It'll stay there" until uplist: stay in the dumps.
That's what I think: press the price down so they can manipulate it more and make a larger % of gains while channel trading in the low ¢ range. .10 to .11 is a 10% return, $1 to 1.01 is a 1% return.. Easier to manipulate and make more bank when you can afford more shares.
The motive is clear.
Welcome to the light! :)
Oh... Unless 200M of market capitalization is destroyed: then they do address issues directly.