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Looks like a good buy! Wish I could buy some!
I feel like the chart being how it is will cause excitement heading into Monday..may see some downright crazy prices for a short time..
Looks like stock is still extremely undervalued
Big day coming tomorrow...the news everyone waiting for is on it's way..
This looks like a buy point. I can't buy any but I would!!
Bigger things coming very shortly!:)
Have you tried to contact the evasive CEO?
You can say that again. Every day I'm on here I read exact same material from exact same people...
Looks like up from here...can't see it cracking teens again for a long time...
I remember months back when you were gungho about this stock...what happened? Now you post daily about how everyone should get out...when the stock runs you're gonna b too late
This stock is most obviously making a turn around, especially with dilution coming to an end. Too bad I sold. :(
I don't personally care if it hits $1...honestly I've seen less exciting companies have that kind of price action...but if dilution is finished id say you're probably wrong..
I don't think we'll see 12's! Would be a bad decision on VNDM's MJNAs part to let it go back. I haven't bought yet but pretty sure .13 is the place to buy with dilution coming to a hault.
The TOS of this site Is pretty crappy!
Hey guys any word?
I'm not but if I was I wouldn't be afraid to hide it under the silly idea that my posts negative or positive are going to make any changes...I think my posts show I'm not short though..I've been wanting to learn how!
I disagree here A/S is pretty much maxed out. MJNA wants a higher pps which means so does VNDM, since VNDM works for them. Soon VNDM won't have shares to dilute. Unless they raise share count which I honestly think they will eventually. It's surprising they said they will not! They sound like a real working company that is constantly trying to bend over backwards for the public investor, who wants for nothing but their portfolio increase. This isn't good because the company ends up writing verbal checks they just can't cash and breaking their word....in any case a double tap of .12 looks just as bearish as the last 3 months....12 held strong and we saw 50% increases in PPS so do I think we will see .12 within the next 6 months no not at all...and Im conservative too considering I'm too scared to own shares over .15...
What VNDM does to the best of my knowledge is distribute shares outstanding authorized by the company to the public...the normal practice is to sell just under the normal bid in order to be just a little better than the best prices available. It's a discount for buyers and it also allows the company to cash out the quickest. Then, in theory, they go and use this money to make progress in building the company. It's definitely on behalf of the company I can tell you that! But also if A/S and O/S is maxed out, than VNDM's job is finished. As long as people keep buying, however, it's fully normal that they keep selling shares, because they can. The interesting part Alan points out is that they said they are not going to increase the A/S count.
Why .12? Why not something that looks a little better, like .14-.15?
It's completely irrelevant that the stock does not trade after hours, I was correcting your statement that MJNA is a limited pink.
Isn't this company current and not limited as per the OTC website?
I think there's some sort of inside knowledge that causes the initial spike, which causes more buying by investors like you and i and then they sell off the shares and steal everybody's money..one things for sure people buy this stock to trade it not to Invest it...it's literally a bunch of people who buy shares just to sell shares to other people who aren't as knowledgable or get caught up in the hype and end up buying in these high ranges (.17-.20)
I honestly don't think the reasons you mentioned had much to do with the pps swings at all, but to each their own..
Good evening, Doc...grabbed my new position and added through .20
That sounds good too. ;)
How many people watching holder on cspan with volume up?
Wow price is still rising. Tomorrow is going to be a wild day.
Could hit .75 if the right words come out of holders mouth. Nobody knows !
This has nothing to do with the millions of ears that will hear the news tonight. This board will have a completely new set of members and Investors.
Sounds like someone isn't happy they sold
.1999 is the new .12!
That's silly. Holder hasn't made his announcement yet. It's pretty easy to guess how many people who aren't following this closely will get word by tomorrow.
They just said USA has 5% of the worlds population and 25% of the worlds prison population. Wow! Anyway it's crazy not to hold this stock until holder speaks.
The subject of lightening up on drug laws is all over the news. It's going to be an interesting couple of weeks!
This would be the dip to buy!
Actually I'm not so much using other penny stocks so much as I am using this one as an example.. You can say what you will about the "company" and not the stock, but I'm talking about penny stocks that dilute indefinitely... Every time the PPS spikes the company dilutes and drags the price back down. That a fact and it Look at a five year chart for MJNA. Also somebody who bought at .30 after the drop from .50 isn't riding any waves. Like I said I bought shares, I think you've taken what I've written to and gone a little off subject (handouts from parents, or otherwise implying Im not somebody who bought shares Friday when I did) but the truth is myself and many others all have prices they'll sell at, and even if its a great company the dilution will eventually pull it right back down and waste longs' time...so what I'm saying is, I love the stock and will BUY it and HOLD it through key seasons, but I personally wouldn't hold it for years--UNLESS I want to lose all my hair! ...or, they make some sort of statement that they won't increase the A/S
I never said it was completely impossible for the stock to form an uptrend, I said that its a scary stock to invest in...Like I said I bought stock on Friday, I bought 5000 shares, or about 3% of what I once owned...I completely agree there could be a swing into around the .24 mark that's why I bought shares. But it doesn't mean the stock isn't super high risk. My "investment strategy" you attempted to describe actually holds true for almost every penny stock on a downtrend, and it can be seen on this stock several times on its ride down from .50, with its volume/pps spikes that slide further down...you shouldn't disagree with a phenomenon that can be seen in nearly every pumped penny...in fact I think the only strategy that I would say is the worst is the "only lose if you sell" strategy, which isn't the best when playing with penny stocks that vary between .02 and .50 over the course of a year and you didnt buy at .02....just my .02...
Who cares. This isn't a beverage company, it's Facebook ! The PPS agrees with me.
Let the last of my position go Friday at around $38.7... I think a pullback is possible but I said that at $35. But things seem to have quieted down and if there is a pull back I doubt it's going to last very long...
Right, but...
PPS spikes happen all the time for penny stocks and then the price starts to dwindle back down to where it was before the spike. You sound so certain that you would put all your money in at .18, and I'm just saying that's scary because a day ago this company was worth .12---and I think it's worth a little less than that IMO...I'm MJNA all the way and I've been around for a year and I even took a position at .17, but in short, no, I think there are more ways to lose money here than you mentioned....