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They don't, but I am interested why the numbers that show up there mean. They don't just change for no apparent reason..
At least the trades are starting to look normal. Fewer huge blocks of trades at 9mil each layering out everywhere. Plus, the buys vs sells was tighter than yesterday.
The problem is that there is a number that is sort of public, and considering it's coming from a source on this board that has been highly accurate, it's not good that it was revealed.
However, these rumors of a 1300:1 share exchange with a company trading at 4.50 puts a ceiling on how high it can run. If you have 10,000,000 shares, they are essentially saying those shares are worth $35,000 - .0035 per share. On the positive side, it would also mean the stock cannot tank.
If the exchange rate is 2000:1 I think that would value the current stock at about .0022 - 1300:1 would value it at about .0034
I hope that exchange rate comes down. If it's true, I would rather it be closer to 500:1 than 1500:1
If it's true then they need to put something out about it, because I don't want to speculate on a company I don't even know the name of. I'm in based on what's going on with the potential of THIS stock.
Basically it means we go from the potential of making 100,000 bucks to maybe getting an extra 10k after the deal. bummer.
It is staying pretty buoyant. It keeps getting pulled down and pops right back up.
Well, at least we can say this is the most entertaining stock message board on the planet.
Until I see a PR released by MJNA denying any of this, I'm going to have to hold my position. Thanks.
WE GET IT. You guys think it's dilution, a scam, a shell, scheme, etc etc etc. Thanks but I think I can figure out how to manage my investment on my own "mom".
It's better for it to be lower during the buyback anyway. As a shareholder, I'd like the company to save money by buying back cheap shares. If they're buying back today, they save about a million bucks buying back .0015-.0017 rather than .0022-.0024
...which is apparently happening right now
What was the 300 signal again?
Seems like the support level is more like .0017 than .0014 - If you look at today's trade, you can see a line right there at .0017
Right, unless the price starts making a beeline for .001, there's absolutely no reason to sell.
I wouldn't plan on doing anything until they release a PR saying the share retirement has been completed and how many shares are remaining.
Looks like the new support level is .0015
I don't want to get into all that...I'm just saying that if you own shares, stay in the moment and as long as the price stays in the correct range, you have to be patient. As long as the volume value keeps steadily increasing, and not too quickly. If the price dives beneath that support level, you're probably going to want to sell enough of a percentage to cover your initial investment. I personally can't buy into this being a pump and dump, because it has yet to behave like one, and the run has been going way and been too gradual.
Don't listen to pumpers or bashers when making your decisions. Keep a close watch on the stock throughout the day, especially in the morning and at the close. As long as the company continues to make the right moves and the technical aspects hold up, ie the price continues to fight the resistance levels appropriately and does not retreat well below the support levels (see claytrader videos), I plan on holding. Until I see some kind of real pullback during the trading day, I'm not selling what I've got and neither should you...even if you're still holding shares you bought at triple zero.
From the PR: "The company is prepared to continue retirement of additional shares as conditions permit. It is expected that in the next few days our transfer agent will receive the certificate(s) and complete the retirement."
So would we see about a 20-25% automatic increase just from those shares disappearing?
I doubt it. This is a slow mover, which is a good thing.
Yep, simple math - What bought you a million shares two weeks ago now only buys you 100,000 shares...then eventually only 10,000 shares, etc, etc
I got another million at .0014, even though I placed my order at .0015
Gotta hope it's the LA Times, but even if it's a Montana paper, that will be something that can still hit the wires. I work in media at a FOX station that's also a CNN affiliate, and I'll keep an eye out. If his interview is anything good, I can pass it along to my regional contacts at both networks.
I slowly and carefully accumulated 5 mill shares from .0001 to .0004 - I'd like to double that number while it's still around .001 - I'm also going to diversify with CBIS and even CMIB, which is creating electronic medical marijuana debit card and ID systems.
Agreed. The main issue is that 20-30 percent gain is pretty much erased by the cap gns tax anyway. I've been looking for a spot to make that kind of maneuver because additional funds to buy more have taken forever to clear. I'm basically just hoping I can get more shares in the low .001's soon.
The program CNN Tonight, which is on right now is doing an all drug costs/health care/medical marijuana hour. Leads with how the pharm industry agreed to lower costs earlier this year, but have been jacking up drug prices, especially drugs used mostly by the elderly. That's a nice juxtaposition with the medical mj story.
I've wanted to do that, but it never dips down far enough. After taxes, I would only have enough for fewer shares than I started with...which is a pretty good sign I think.
That and the fact that we're waiting for a "golden cross"
I know. It's "obviously dilution" and is "about to collapse" every time this thing moves up a level. Then the bashers buy the stock and are on board.
Now that's the kind of thing that will get this moving, especially if the AP picks it up.
Well, "officially" they are non-profit anyway.
It will be really helpful to get this thing to close somewhere around .0018 and .002 on this heavy vol. That'll get it on more radar screens!
There will probably be new ones tonight, saying the same thing they've said at every level.
It comes down to this, no matter how many people raise "moral" objection, the fact that a ton of people can make a ton of money on something will trump that every day of the week in this country...even on Sunday.
http://www.dailycamera.com/boulder-county-news/ci_13789999 - This article sums up what HESG needs to do...provide the first real, clear, legal option for customer/patients to do business with.
If they lock up co-ops and put them under the umbrella of a corporation with money and legal cover, that is a major business move in this industry that is completely necessary to take things to the next level. Right now, if your elderly grandma were to get this marijuana prescription, how will she know where to go, who to trust? HESG has to lay the foundation for this kind of business and create a brand identity like the big boys do.
Although I just did another Google search of HESG, there used to be one Google on top, now there are three on top with two on the side. Another indication of this stock's mojo