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It's happened many many time in the past. tronics boom, dot com bubble, etc. People buy the hype then there's a selloff and shorts take over.
Oh man, where do I begin?...
no... when shorts sell the price goes down. There is competition to sell shares and the price drops. When they buy to cover they are competing to exit position before the day ends and the price goes back up...
It means shorts are selling at the beginning of the day and competing to buy at the end of the day. I've seen the reverse happen in bearish conditions, so I'd say it's a bullish sign.
Upon release this will immediately shoot to $10, but when will it happen? Soon, but what is soon?
I wouldn't get too excited about that LOI. It appears that nothing has come of it so far.
It's payday for me tomorrow. I will be transferring that money and buying SPRWF as soon as possible.
Seriously, is there something else that needs to be done? Can someone correct me?
It's all coming to fruition. All the necessary construction and security is done. All that is left is HC inspection and granting of license. I have to assume that with all the effort and support from the community that HC will feel pressured to grant the MMPR. Supreme has fulfilled their end of the deal. Anyone have a reason to believe that it will not happen? Does anyone feel that Health Canada simply will not give out any more licenses? There was one recently granted, so why wouldn't Supreme get theirs?
Marcomm Systems says the techs leave tomorrow.
I don't think they have security for MMPR applicants.
I want to buy more simply because this is a support level, but until Abattis gives some sort of news I can't bring myself to do it.
WOW! That was quite a turnaround
They've already gone down hard
Does anyone even know if Abattis even has security for their MMPR applicants?
Because the trend is down and apparently trends never reverse.
Idk but there was actually still only 1800 volume
Tomorrow we break 2.50 and next week we go to 2.90
It was on twitter for everyone to see and they made sure it was ok to share
Do you really think that's gonna stop people though from using marijuana?... I don't think so
We should be retesting 2.50 by eow
I can assure you that that username belongs to actual people in the company. I received direct messages on twitter from them inquiring about this investorshub board.
I trust what they've stated, but I always remain a teeny bit doubtful until it happens. Definitely still long and may add more.
I hope so. My goal was to get specific information out there that investors could look forward to. Not just speculation, but an actual date so that investors could plan accordingly. I just hope that it's an accurate deadline and not just something they threw out there. I would rather them say that the deadline is actually December 31st or something so that there isn't a bunch of selling when no news of completed construction comes out around that time. I look forward to the PR on the 15th!
I do my best :)
Exactly!
Yeah I was thinking "chill down bros I just want some basic info" lol. The repetition gets to people. No hard feelings on my end.
After nagging supreme on twitter I got this response from Marcommsys. @BleepBlorpBlop @john_fowler_jd @supremepharma We have a #deadline of December 12th to wrap up our end of security.Hows that for #soon
I see a green week ahead. 2.38ish is a support and it's holding up well.
It wasn't even sub penny before the boom. Get outta here
I highly doubt that would even happen
They'll have shares
I like that idea
Well HC is granting licenses again. Looking good for other applicants http://www.theglobeandmail.com/report-on-business/health-canada-grants-aphria-licence-to-grow-and-sell-marijuana/article21821901/
If you haven't gotten out yet now's your chance to cut losses. Move on. This company is done for. To those that stay and lose.... lol
I can understand the constant bashing on small cap stocks, but bashing fnma is like a guy trying to destroy a mountain with a shovel. Nobody who has an influence cares.
a few months
Affinor going down the drain lol