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Thanks for the great update! This thing is gonna be a monster once it moves into production!
Go FLPC!
I just took out the last of those .005s. Figured I'd snag a few more on this mini dip. Looks like we're set to turn the corner and head back up.
Let's close strong for the week guys! FLPC!
Happy Friday! Are we starting the next leg up today to close out the week?
Yeah, I'm kind of amazed we didn't close the gap. I thought that was going to the bounce point for sure. But maybe not? Tomorrow should be interesting...
Very well said. Patience will be rewarded well here IMO!
Yeah, seems to be holding up well :)
It's possible it'll go down that low, but it already bounced off the hourly 50 MA @ .19. If it does go lower, I think there's a decent chance it'll bounce off the hourly 20 MA / 30 min 50 MA @ ~.175. I think the reason why the accumulation dropped is because savvy people got out at .22 when it was hitting overbought and are waiting to get back in on the next bounce.
Should be interesting to see how this one plays out...
Seems like the whole market was down today. Almost my whole watch-list is red. Better days to come!
Thanks for the well-reasoned answer! It sounds like I should, at the very least, buy a base here soon.
Do you happen to have any idea when the appointment of Watts is supposed to happen?
I've been out of this for a week or so now. I've been thinking about getting back in for the anticipated run. But here's what's nagging at me - If everybody already expects record profits to be posted, then when they are posted why do we expect a run up? Because if it's common knowledge, shouldn't everybody already be in? Or is the expectation that it's common knowledge here, but not in the mainstream?
Just to be clear, this isn't some back-handed attempt to bash. I'm genuinely curious. And am just trying to figure out if/when I should load up again.
Yup! Probably scared of a possible gap up tomorrow ;)
ASUV - Perfect bounce!
- Dragonfly Doji!
- RSI just about to cross up over 30
- Crossed 10 MA and now bouncing off it
- MACD line crossed
- STO crossed and heading up
- PPO crossing
- PPO/ADX pinched
- KST crossed
- OS is 64M shares. It moves EASY!
With a bit of volume this thing could blast off!
GLTA! Go ASUV!
ASUV - Perfect bounce!
- Dragonfly Doji!
- RSI just about to cross up over 30
- Crossed 10 MA and now bouncing off it
- MACD line crossed
- STO crossed and heading up
- PPO crossing
- PPO/ADX pinched
- KST crossed
- OS is 64M shares. It moves EASY!
With a bit of volume this thing could blast off!
GLTA! Go ASUV!
Probably a good call.
The reality is, a lot (Most?) companies on the pinks are junk. There are a few companies in the Medical MJ space right now that look like obvious shell scams - that do absolutely no business, have no cash, and are getting pumped up with promos. They may not be as sexy of a target, and maybe they won't garner as many page views, but if you really are interested in exposing P&Ds perhaps weeding out the worst offenders is a better angle? Or said another way, you might want to separate the wheat from the chaff and try not to paint every company on the OTC with the same brush.
With MJNA, I'm less concerned about their past and am more interested in their future. Sure, there may have been some dodgy people/actions in the past. But what I care about is what they're doing today and where they're going tomorrow. And today, it seems like they are getting their act together. They're selling real products to real people in a sector that is poised for ridiculous growth over the coming years. This sector also has some unique challenges to contend with, but I'm willing to cut them some slack in that area.
Any stock is a gamble, to varying degrees. And MJNA is a highly speculative play to be sure. But it's also one that's made a lot of people a lot of money already. We'll see what the future holds, but I for one am excited about this company and the sector in general.
At any rate, I missed the original runs and was able to pick up some cheap shares yesterday and today. So, thanks I guess ;)
I think those "buys" were shorts covering.
What a bizarre day...
I held and loaded up a few more. The way I look at it, no matter what shenanigans are pulled, there's no way I see this trading at a sub-penny level once mining begins. So, .005s are AT LEAST a double, and probably much more, once that begins.
Not fun watching on days like today. But, at least we have a nice group of people here :)
I don't doubt it. Accumulating at these dips is what smart money is doing. We're gonna launch hard once they go operational IMO.
Me either. This is great news! Financing closed. Work in progress. Going to be operational soon.
Guess the way to trade this is buy when people dump on news. LOL!
Looking forward to the news this week! Go FLPC!
LOL! Too true. I hope after this experience people learn to not take SA too seriously.
Run Forrest, run!
The chart is aligned perfectly! On the hourly chart the 20/50/100 MA are all swooping together underneath us. If we break out over the daily 20 MA in the next couple days, we'll really be set!
Go ASUV!
Yeah, just need to get the word out. The hourly chart right now looks great!
Go ASUV!
Seriously! The 1 minute BBands are already open up to 17. Crazy action!
Looking forward to a big fat GREEN day!
Happy trading :)
Yeah, there was some big buying at the end of the day. I think we're heading back up :)
Yeah, it was pretty blatant from watching L2 today. We were actually starting to bounce at .13 for a bit, around 1:30pm, and "sales" kept going through at prices below the bid. LOL!
It worked, and a second leg down was born. But eventually covering will have to happen. And then BOOM!
Yup, it seems like a lot of big things are brewing. I'm looking forward to the bounce from this short attack!
Very cool. Do you know when this news conference will be held? And do you happen to know if they're streaming it online? If so, I'd like to watch it :)
Lookin' sharp today! Looks like the pressure is starting to build. FLPC
Yup, I'm buying at each step down. The coordinated short attack here is really something. When they cover, I think this thing is gonna blast back up.
Nope! We hit bottom on Friday at the 200 day exponential moving average at 17 cents. The chart looks SWEET for a bounce! Check it out:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=87330018
Happy trading! MJNA
Nice charts! I especially like the last one. The similarities are striking. "History repeats itself" is a saying for a reason.
Looking forward to a great week with MJNA! Happy trading everyone :)
ASUV - Bottom Bounce!
- RSI at 28 and about to cross up over 30
- Crossed 10 MA (curling up now) and headed towards 20 MA
- MACD line crossed
- STO crossed and just went above 20 line
- PPO about to cross
- PPO/ADX pinched
- KST just crossing
- OS is 64M shares. It moves EASY!
The only thing it's really lacking right now is volume. With even a slight increase of volume, this thing could rocket up!
PS: Ignore the bottom on that last candle. The MMs like to do fake bid whacks of ~$20 in shares to make it seem like the price is falling. 90%+ of the trading Friday was in the .09 ~ .10 range.
GLTA! Go ASUV!
That's a pretty picture :)
Go FLPC!
Looking forward to this week. Hopefully they're able to close the financing deal and we get big news!
Go FLPC!
Nice video! Being featured on 60 minutes as the face of the industry is really cool.
I very clearly explained what the chart shows. If you disagree with my analysis, perhaps you could post up your own chart to show us why and enlighten us.
Good luck buddy! MJNA