Digging for aluminum cans and refundable bottles
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I think it's a rarity with penny stocks and didn't happen here with GRCU at any time. The volatility is so high that it would be foolish to set a stop loss trigger on these types of stocks. A total rookie move if anyone is setting stop losses on a penny stock if they're in for the long term. If you're someone who trades like that, to each their own, I couldn't trade like that.
I'm in Washington State and am quite familiar with the MMJ market and the recreational MJ happening July 1st, one of my family members was one of the people selected to have a recreational grow/edible license recently by the State.
I don't see how this directly impacts GRCU at all. Other than a sector impact, if that is what people are thinking, it's hype at this point. The rookie CEO has announced zero plans where Washington State recreational weed would impact this Company.
If it brings up my shares a penny or two though, I'll take it! ;)
Not sure if you know this but... when they say 'lock your shares' they mean that you need to put a sell order on your shares for $1.00 a share so you don't allow the market makers (certain brokerages) to loan them out to the shorts who want to knock the pps down even further.
Yep, that 873k buy on the Ask was me at the end there. The worst type of posts to follow are the ones that exaggerate and hype a stock by saying this and that person or event is HUGE or life changing. Go with the facts and what the CEO says, not the bashers or the hypers.
The next GRCU catalyst for sure is 6/22 - the international weed thing where the rookie CEO and GRCU mentions new hemp products, but to me that's a minor thing.
If we get a surprise about the grow subsidiary and person running it as mentioned on 5/29, that'll push it up higher, I believe.
Maybe someone else can point out some other potential REAL catalyst without the hype or bash?
Find the catalysts in GRCU or other stocks and learn the charts, GRCU charts are just about at the bottom. Follow Claytrader to learn the basics.
You're welcome.
Fake move up, no bid support until .014 - let's see what happens tomorrow. No news another drop into .013 territory and news is not expected until 6/22 with just hemp products.
A joint venture to do what? China sells hemp to and any number of companies can do a JV with Uraguay or China. It depends on who would buy whatever GRCU has to sell and how much they're willing to pay under contract, this website retail stuff is chump change.
They sell hemp products that competitors have and intend to advertise weed for other companies, nothing major here at this point. Hopefully you're right though but the CEO was very clear about the future and left no indication of anything unexpected in any of the company communications. Let's stick with facts, not hype.
That would be nice but it's not enough to bring it to .50 - I'd be happy with .05 or higher at this point. As you see in the forward looking PR, CCI plays no part in GRCU. Robert Calkin wouldn't give away his business for nothing and in order for GRCU to buy it, they would have to put themselves into debt to do so.
GRCU needs a big contract to make the big bucks, not just retail sales through their mediocre website. Let's say Costco, for example, sets up a big contract to buy large orders of the hemp products GRCU sells, that would do wonders for the stock.
Contracts with big box stores, government, or the medical industry. That's something that needs to happen here as we now know that the only thing they are getting into is the non-thc hemp products.
Unless they create a unique product that everyone else wants, chances are this stock isn't going anywhere anytime soon.
You're right about the pumper part, and those who say that it was a strong PR is in complete denial.
We need something BIG to bring this back up. Let's see what the June 22nd new product release has in store for shareholders. I believe that's the next expected news release.
No one is diminishing anyone. This is Robert Calkins' first foray into a publicly held company with shareholders to appease. The fact is, he is a 'rookie' in this arena and there are expectations that need to be met to appease the markets in order for the stock to go up in value. This is true with ALL stocks in the markets.
As a shareholder it all comes down to one thing: Can you as a CEO and Company provide a return on my investment into your company?
That's it. Anything else is just smoke and mirrors. The HUGE comments, the past history of Robert Calkin, and the supposed WOW connections with this or that person in the industry, and the two dozen websites that RC is creating, it's all smoke and mirrors at this point. They mean nothing without forward guidance demonstrating a strong indication of a return on investment.
If it's all a spin story, that's clearly damaging to a stock value (as it has been the past month).
The forward guidance from the rookie CEO is weak at this point, that is why the air was let out of this balloon so badly yesterday.
As it stands, this is one of the worst stocks in the MMJ market, we need something strong from Robert Calkin and GRCU. Simple look at the price of the stock since he became CEO.
If it is a spin story, all the longs and bagholders better hope he comes up with something good soon.
Do your DD and see how many sellers of CBD capsules are on the market or about to be on the market, clearly you're biased for this company if you haven't even done the research.
We need something HUGE that is UNIQUE to GRCU to catapult this stock price to higher levels. If the CEO is as legendary and awesome as many of you say he is then I'd say to wait and see if he reveals anything new in his grand vision.
It takes the retail markets to blow this up to higher levels or drop it down to lower levels. No one was really buying yesterday on the Ask and there was plenty of opportunity to do so. Investors completely backed off after that PR. It's nothing to do with the Market Makers, period.
We need to know the grand vision and if that is all it is in that PR, this stock is done. Hopefully we see more soon by the rookie CEO but as of now, we wait.
It makes complete sense, they're not selling anything unique. It's all about the product. The markets were waiting for something HUGE that will allow a high return on investments.
Nothing in the CEO PR provided a catalyst that draws investors to expect such a thing.
The longs and bagholders will just have to wait and see if the rookie CEO comes up with something big or not.
As of now, it's a ho-hum stock and just another business selling stuff that anyone can get elsewhere. Let's hope he comes up with something exciting and big to drive this back up soon.
As stated up to now, becoming the only distributer for Charlotte's Web is about the only thing to push it up as far as I can see.
Yeah - I'm personally surprised there wasn't more substance to the CEO PR to wow the markets, that's why everyone got quiet and the stock did almost nothing for the first hour.
Well - we got what we wanted, a CEO announcement of his future vision, which really didn't amount to enough to drive the market into a frenzy with any expectations of a good return of investment.
Everything is on the table now, nothing to get too upbeat about here. Just hemp products and nothing else as stated.
It's nothing to do with MM manipulation, it's all retail share selling and no one cares to buy this stock today after that weak PR.
At least we know the future for sure now. They're a website that sells other people's products in a market flooded with hemp and medical marijuana competitors that exist now and upcoming.
The only way this stock will fly is if the CEO comes up with something unique. At this point - nothing to drive market confidence that money will be made, especially after that PR.
And there you have it, folks. I've been saying the same thing. The 'legendary' CEO 'Hemperor' that was fawned upon for weeks has provided forward guidance. No surprises here with products that are unique in the marketplace was given by Robert Calkin. This is just another side business of his to sell other people's products. Nothing exciting at this point, maybe after July? We'll see but for now, it's just a website selling hemp stuff you can get everywhere else, not a marijuana business at this time.
That is why you can drop a pin in here and hear it, the silence speaks volumes, investors are stunned by this.
Just as I mentioned in the last couple of weeks. They are producing nothing and only selling other people's products as an advertising portal. Nothing special and that is why there is no major upward activity on this stock.
Maybe GRCU will surprise us in the future but there you have it for now.
You are correct, it is definitely not near a state of the art website, especially compared to the top-of-the-line premier medical marijuana websites that have been up for a few years.
You'll find that many traders here really don't care about that, they just see a mode of selling a product and that it's supposedly selling a high volume of product which is something not verifiable and borders on hype.
Hopefully with the new CTO they'll revamp these mediocre quality websites, it'll be soon enough we'll start seeing actual sales numbers and future products.
The future may be bright but it's a bit weak right now until the CEO comes out and shows us the plans for the future.
Barely green and floundering in the teens with an official unannounced future unseen. It's time for the BoD to start caring about shareholders and give the markets confidence that there is money to be made here.
The PPS is numero uno for shareholders and it's dipped below .02 threatening to sink lower with that weak .0175 drop.
Charts are primed for a take off, the stock is over sold, and the markets don't give a crap. Probably a good time for new buyers but sucks for those holding since RC came on board.
Boooooo to GRCU and the rookie CEO, the PPS drops yet again with silence from them. Looking like another rough week for current shareholders, boooooo.
I don't care where it was before Green Cures was mentioned, I care from the time the so-called legendary Robert Calkin became CEO and whether or not he's going to make us shareholders any money, that is it. I added yet another 500k shares last week and I've always held shares, let's try to keep the focus on the stock price, it isn't doing so well but it has a small chance of making some money for us. Stocks don't impact my moods, it's only money.
No one knows their exact plans but at the moment they sell about a dozen hemp related products, none of which wows the market at this time hence the stock price's piss poor performance since the rookie CEO came on board in April. Shareholders are waiting for him and GRCU to reveal exactly what you are asking. The hype is high, it's probably a good time to load, we'll see.
And GRCU ends the week with a whimper. A POS for shareholders so far. Rep of a CEO means nothing when it comes to penny stocks. Better luck next week, perhaps.
That's just stupid on RCs part, doesn't the guy have a company to focus on rather than screw around with stupid domain names. Shareholders should be outraged at the current stock price, not raging about how legendary he is.
Good post, although I believe this stock should be higher. Robert Calkin is an expert in this field, shareholders should have known long before now what the company has planned. We're like a bunch of mushrooms kept in the dark.
Vague references to people, events, and past connections means nothing until it is officially announced by the Company which is obvious as reflected by the bottom line previously mentioned - the stock price.
The price action is directly dependent on the Company, GRCU, and the rookie CEO, nothing anyone says on a message board has a big impact without factual evidence. With that said, shareholders need verifiable evidence of what they are doing, not a bunch of wild theoretical hype.
I'm all about the bottom line, that is the stock price and the stock price is floundering below the price the day that Robert Calkin started. In other words, his presence has yet to do anything for shareholders and all they have is a website with a few products, nothing special.
Point the finger at the CEO running this company, not some message board posts.
Exactly! Cheerleading does worse for the stock than those who point out the facts, those who overhype it tends to sucker people to buy GRCU based on questionable exaggerated information.
As it stands right now, we are waiting for confirmation on exactly what the future plans are for this company and all they are is a small website with a dozen products, nothing more, nothing less. We need verifiable information to give market confidence, not overhype that will create disappointment.
No worries, the rookie CEO will step up and let us know what the plans are soon enough.
Even with the wonderful things the rookie CEO has planned, this pos stock can't hold it's gains. The markets still doesn't feel confident, shareholders need verifiable evidence to send this to blue sky breakout range, not a bunch of promises. Tick tock, waiting waiting. Will the rookie CEO hit a homerun or will he strike out? Time will tell.
I've always held shares here and added more yesterday close to bottom. This stock has done nothing but gone down since the rookie CEO has come aboard and I have been very transparent with my feelings about it.
As I have stated before, we'll see if the rookie hits a homerun with this big grand plan he has in store for GRCU, but as of right now it's all just talk with a few so-so products on a website. It's all about GRCU making some money for shareholders and they haven't since the day he came on board and that is the truth
I see a train wreck since Robert Calkin has come aboard, think he'll register a website called cannatrainwreck.com to add to his collection of websites? At least the train is trying to get back on track.
Let's see if this stinker of stock keeps losing us money and if it drops back into the teens. Someday this pos will make shareholders stop bleeding, hopefully.
There's an international weed event happening this month that GRCU and the CEO was invited to, they'll be announcing new products at this event.
3rd week of June or so depending on what forward looking products and plans the rookie CEO puts out around then, but that doesn't guarantee you'll be back to where you were. This stock has troubles holding in the .03 range. Hopefully that forward looking product release includes Charlotte's Web, will it happen? No one knows for sure.
They're a nice addition to the ones I bought higher a couple weeks ago. It was looking oversold this morning so it felt like a good time to add more. Plenty of hype here to push this up the next time the CEO puts out a PR.
Perfect timing for GRCU. Those 350k shares I bought under .019 were tasty, mmmmmmm. Now we just need something from the rookie CEO. :)
Spidey-sense is tingling madly telling me about now is a good time to load up some more. Let's see what the rest of the week brings us, maybe the rookie CEO will surprise us with some good news one of these days.
It's all about the stock price, we should expect the rookie CEO to do something this month around the third week to cause another mini-pop and settle back down to .01 - .02 range again.