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Correct, but products producing revenue DO make it a legit company.
PR's will fly next week across MJ sector
I mean, what MJ company wouldn't chime in during 4/20 week? It's completely appropriate and expected. We will see a SIPC PR about both beers, and IMHO Citizen Toke will launch or at least be hyped in a PR.
MJTK and SIPC strong!
Agreed...RSI is the lowest it's been in quite a while. Big bounce coming, leading right into 4/20. News and conference call, and perhaps a 4/20 announcement for Citizen Toke (when the MJ fans are all paying attention) will be powerful catalysts.
Please don't spam this board
MJ market still very flat in general
That's why I'm not worried yet. If/when the salamis explode, it'll probably be a 3-5 day affair, probably ending on 4/20 or 4/21.
Ergo, we aren't "there" yet, folks. Patience and don't fall for the tricks!
I did my part, spreading it on Reddit's weedstocks forum!
Is this thing on?
MJTK
SIPC
T trade question:
What's the difference when it's listed as Buy vs Sell? I've seen both and just want to make sure it is what I think it is. TIA
That was a rather large T trade today, but it was Buy side. Good day overall though. $MMEG long and strong!
Accumulation is crazy on that chart!
Market was terrible overall today
...so maybe we shouldn't look at MMEG in a vacuum.
Agreed and I'd also say that Congress
will counteract any boneheaded move Sessions might make, given how many states have rec and med MJ now.
In other words, Sessions' passion for anti-MJ might actually be the catalyst needed for legalization, if he missteps. The People will act through Congress.
Loaded CANN at 2.80 today
First time buyer of CANN. It's been taking a beating and missed the rally today too, so I bought in. I think it'll bounce over the next 5-7 trading days.
Good/bad thoughts on CANN?
Glad we're back to 5 salami picks
I've remained a firm believer in GRNH. I guess I found this board after CANN had been removed, but I was here when GRNH was a pick.
I'm heavily into three of the five: AMMJ, MCOA and GRNH. But I think these five picks can be the dominant companies in the MJ sector for a long time. I'm holding until at least the end of February, but I see outstanding longer term potential as well.
The whole sector took a beating...
My only regret is that I used up all my ammo buying on dips this week.
Tomorrow's going to be nuts. I'm holding until at least Jan 1.
Picked up some cheapie MCOA shares this morning!
These dips are great for SALAMI holders. :D
Thanks sellers, got some cheapies!
You're the best! Go AMMJ!
Hoping for a dip so I can add before blastoff
sleek, is MCOA a long-term big boy in MJ?
The reason I ask is, it seems companies like AMMJ, CNAB, GRNH are trying to build empires. Do you see the same in MCOA?
TIA
(I posted this on the MCOA board but forgot to reply to you. My bad)
sleek, is MCOA a long-term big boy in MJ?
The reason I ask is, it seems companies like AMMJ, CNAB, GRNH are trying to build empires. Do you see the same in MCOA?
TIA
So is it bad or good to be on Reg SHO? Not sure I understand its significance.
Interesting tidbit about Prop 64 in CA...
I got this from Thrillist, trying to explain Prop 64 details:
There will also be a license for a “microbusiness,” essentially an all-inclusive license that allows any business occupying less than 10,000sqft to act as cultivator, distributor, and retailer.
This is where GRNH can really shine...building those custom grow rooms for these microbusinesses
Yeah I have to say, it was a bad idea to dive into politics in their first commercial. Alienating half the country is not a good idea when you're trying to promote yourself.
Best MJ stock of the day
Should turn some heads in the sector. Go MYDX
I see no indication MYDX is involved with ANP Technologies in any way whatsoever.
They may be using the same NASA- or military-developed technology and for similar things, but there's nothing I've been able to find that says they're associated with each other in any way.
At this point, there are only two reasons why the CEO is holding back the PRs: the election, and earnings news. There might be some other reason that isn't on anyone's radar, of course, but those two events are looming large in the near future.
MYDX is also usually down on Tuesdays anyway. I'm not worried about today at all; as far as I'm concerned these prices are like a clearance sale.
These prices are a gift
I didn't think I was going to be able to load anymore at this level but I'm sure glad I'm wrong...LOL
$MYDX
Best part IMO of today's news is...
...it's from outside the MJ sector. They don't have to wait for legalization to rake in some massive revenues.
Question: Release news update before or after election?
IMHO you release after the election. More eyes in the cannabis market at that point.
Seeing as Breast Cancer Awareness is the most visible and media savvy cancer cause (see: all the sports teams), I'd say this is great exposure.
IMHO it's not a bad thing to tap into the cancer "market", if you will...people want to know about carcinogenic compounds.
Second Quarter Highlights:
-- Revenues Jumps 73% Higher, Sequentially, to $279,000
-- Gross Margin Scales 37% Higher, Sequentially, to 59%
-- Operating expenses decreased by $1.1 million, or 53%, from ($2.1 million) to ($990,000) year-over-year
-- Highly Anticipated New Product Launch on Schedule for Fourth Quarter 2016
What's in store in the next earnings report?
Hi folks, been lurking here for 8-10 days...
Got in around .023-.025 and have been accumulating when I can. I'm no expert and I definitely look for opinions to help guide me.
I've enjoyed the ride as much as you guys, obviously. I'm thinking $1 is the point where I consider selling, but I also don't see why the 52-week high of 1.80 can't be reached again soon.
If there's news, I'll obviously reconsider. Here are some thoughts I've tossed around the past few days:
-- AquaDx should be marketed to governments, and also maybe through the Peace Corps. Who knows, maybe that's already happening but maybe I'm way off base. But it seems like governments would be best positioned to make bulk purchases and get the economy of scale rolling with regards to pricing of the product and manufacturing efficiency.
-- The election is going to be huge, especially since MYDX is HQed in the "big fish" state of cannabis legalization. Cannabis stocks are going to explode anyway, but MYDX is uniquely positioned in the industry. Everyone seems to be coming up with their own vaporizers and stuff like that; MYDX has a product that can be aimed at producers and consumers alike.
I'm really excited about the next two months; it's going to be hard to sit here and watch the $$$ roll in and not sell. I do have a few spare shares I might play the dips with, so I'll be looking here for some advice on when to play.
Good luck to you all, and let the good times roll!
I will go by PMCB's HQ today.
I work 5 minutes down the road, and go to the area for lunch on occasion. I know exactly where the building is, so I will go by there and see what the deal is. I'm not concerned if no one has been there a while; the building is very close to the FDA and it probably makes a lot of sense to have a physical presence with administrative offices near the regulatory agency.
Frankly, I'd be concerned if the CEO and scientists spent more than a very minor amount of time there, because they are movers-n-shakers in the biotech world and travel is natural and expected.