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Another point to make here is the company is being audited by a financial firm. They are not obligated to do this but the reason they are doing this is so that they can apply to get on a normal exchange and off of the OTC. They could announce their financials by "Sally" in accounting if they wanted to but it wouldn't be official. That is one reason why the financials take a while to do. The company I work for gets audited every year by a financial firm. These people come into our office.......it is 3 people and it takes them over 3 weeks to do our books. The same thing is happening with FSPM right now. It is a very slow process.
People, this is a $20 stock.....those who buy and hold will be rewarded.....those of you who sell or just flip a quick dollar will miss out on the big rewards. It's so obvious to me but some of you just can't or don't see the big picture here. We have one of the best, if not THE best mj companies in the sector. Believe it!!!
Hired by Piper to take his place since he is no longer allowed to post here.....lol
I know give me a break.....a new guy shows up out of nowhere and innocently asks a question like that......right....ok.....
I'm thinking if we aren't going to get financial news for 3 weeks they will have a big press release coming out any day now. Probably something for one of their huge orders. Just a feeling........
I'm not worried. This is a $20 stock. I am long 2000 shares and won't ever let one share go. This company is amazing. I don't worry about all the ups and downs.
Just annoyed because we should have blasted off already if they kept their word. That's one month behind what they said. Hopefully they learned from this and won't give out dates anymore.
Do you always buy into a company and then ask a question that would make the share price go down? Come on.
I love how when the stock is going up everyone screams "going to $50" then we have a few down days and extreme panic....lol...this is a great company with great revenues. One of the best mj stocks in the sector. I have 100% faith our day will be here real soon. $20 plus. Mark it!
Do the delay in financials annoy me?...yes but they will be out. The company never should have said they anticipated them end of February if they couldn't back that up.
I completely agree. I'm telling you, it's a $20 stock. Still doesn't change the fact of how annoyed I am with these financials. If you make a promise keep it, period. That's how you make shareholders trust you. Everyone should call them.
I completely agree. I'm telling you, it's a $20 stock. Still doesn't change the fact of how annoyed I am with these financials. If you make a promise keep it, period. That's how you make shareholders trust you. Everyone should call them.
Exactly. Don't get me wrong, I am not worried at all just annoying me that they said a date and it's not happening. It's important for a company to stand by their word.
I called the company this morning to ask what the deal is with earnings. She took my name and number and said someone would call back. Not really expecting a call. Just trying to put pressure on them to light a fire and get this going already.
Agree. EAPH.....mj stock to buy right now. GWPH was mentioned on the CNN mj program last night. People who watched that show will be searching for other mj pharmaceutical companies to invest in. Easton Pharmaceutical will benefit. Plus they just had news on entering the medical marijuana market yesterday. IMO going over $0.10 soon and could go to dollar land soon.
I agree. Will be a huge day and EAPH will ride your coat tails. Low priced low float pharmaceutical company that will be helped out by you.
Ok, come on FSPM management. Get those earnings out today! Following the CNN show last night it would be the perfect day! I am so happy with my investments. FSPM is the mj leader in my opinion then I have EAPH which is not in the same league but has huge upside. I am going to repeat....I see $12 + after earnings then dips up and down but rise to $20 + after 1st q earnings. Mark it!
EAPH.....mj stock to buy right now. GWPH was mentioned on the CNN mj program tonight. People who watched that show will be searching for other mj pharmaceutical companies to invest in. Easton Pharmaceutical will benefit. Plus they just had news on entering the medical marijuana market today. IMO going over $0.10 soon and could go to dollar land soon.
That was great exposure tonight on CNN. Should be a huge day tomorrow. One other thing to consider, people who watched that show will be searching for other mj pharmaceutical companies to invest in. Easton Pharmaceutical, symbol EAPH is another one that will benefit. Plus they just had news on entering the medical marijuana market.
I agree. FSPM is going to break out in a huge way. I have followed this stock for a very long time and you can just tell. I have been posting all along that $10 after earnings but I am upping my estimate. I see at least $12 after earnings or possibly other news. People under estimate the low float. Look at my other holding, EAPH. It went from .035 close yesterday to near .06 close today and is another low float company. Mark this post, with positive earnings that I fully expect, huge, huge bounce way over $10. Low float stocks are unreal! They will go way higher than you think. Look at CANN.....another low float stock that ran from $10 to $60. We have the same thing here........I won't guarantee it but very, very possible. $20 or $30 soon would not even surprise me.
I hope everyone got in on EAPH today. Finally got their mj news today and it took off! They are now a mj player in Canada. Should be another huge day tomorrow for EAPH. Very low float so has a chance to really go up high. I don't even want to guess how high but $1 not out of the question imo over a little time. Also love FSPM that will be announcing earnings any day now.
FSPM doesn't need the mj special. It will run up on its own. This is a winner and anyone already invested is sitting in a great spot. I really believe if you buy this stock anywhere under $10 it's a complete steal. I invest in a lot of different mj companies and this is the only company I am not worried about. 4th q and year end will be descent and if that doesn't do it, 1st q announcement will make all of us a lot of money. Either way, buy, hold and don't worry about it. Don't be one of those people that buys and sells and only makes a few dollars. Hold and watch it run in the long term. Next CANN? Yes, I really believe that. Everyday, more and more people are discovering FSPM and we are all very lucky to already be in on the ground floor. LONG FSPM!!!!
Looks like another huge day is in store for FSPM......thanks Piper! You da man! Hopefully we will get some news today and soar upwards into the teens! Without news, I see a slight movement upwards today.
Very optimistic but I hope you end up being right. LONG FSPM
What a very nice trading day. Price kept pushing to $8.40 then would pull back. Very strong to finish on the day high. That means a lot. People here that kept selling around $8.30 to $8.40 and hoping to buy back in finally got burned. We move to $9 + tomorrow without news and into the teens with news. I would not be surprised if financials are tomorrow....they seem to always issue press releases on Tuesday. Lastly, thanks Piper.....you are good luck here! Keep it up we all love you here.
Big day and big week everyone! LONG FSPM!
I also think the company has been selling shares to fund the mj deal. A lot of huge sell orders kept going thru Thursday and Friday. I believe news comes out this week and $0.10 easy. LONG EAPH!
I'm thinking gap up today and in the green. Obviously with news, hello $10! LONG FSPM
Very nice post. It's nice being long on a stock because all I know is in the "long" run this is a winner. What happens in between, whatever, doesn't matter to me. My shares are locked in the vault and not coming out to after $20. Ok, off to the casino! As if I don't get enough gambling rush during the week from mj stocks....lol
I think we will have a nice day on Monday and go up pretty good with or without news. The market is expecting news any day now so everyone on the sidelines will want to get in now. I expect a nice gap up Monday morning.
We can agree to disagree. Stocks trade on their future potential. There future is very big I think we all would agree with.
No kidding....if we see $2.50 again I will take out a 2nd mortgage on my house to buy shares. Would be giving away free money. This really should be a huge week. THE week. I fully expect earnings on Monday and to go over $10. Then after 1st q earnings release over $20. Then at the end of the year when they have huge profits for the year and issue a press release that they are moving from the OTC to a real exchange $40 to $50. Only an opinion.....everyone has one....that is mine. Only time will tell who is right.
All of the mj stocks are very volatile. All of them are penny stocks with people day trading them. There will always be huge swings up and down. I believe though the real good companies will prosper and stop being as volatile as investors buy and hold. FSPM falls in this class. Not just a mj company. Niche product that will continue to prosper. Revenues will continue to increase for years to come. Then, hopefully like they have indicated they will get off of the OTC market and into a real market. To me, a no brainer investment. Just my humble opinion. This is my belief and I am convicted to stick with what I believe and will stay long on FSPM for a long time to come. I don't care about the swings and I am not a day trader on this stock.
Brad is still in the house! lol...LONG FSPM!!!!! MAKE ME RICH!!!!!
Talisman.....concrete answers of why i think earnings will be great:
Nov. 5, 2013: Company announces filling largest order to date of $300,000. Says entire order to be filled by the end of the year (4th q)
He only told us of the largest single order. I am sure many other smaller orders that add up to alot of revenue.
Ceo commented in this same press release that they are very happy with the "increase in activity and revenue" from Colorado in the 2nd half of 2013. Welcomed new customers from Massachusets, Washington, Canada and other states.
Jan. 15, 2014: Ceo comments in the press release that 3rd quarter results are but an indicator of things to come.
Jan. 21, 2014: Ceo interviewed on icannibis radio. Makes it ver y clear how busy they are.
Jan. 31, 2014 and Feb. 3, 2014: Accesswire lists FSPM as one of 4 companies to watch.
Feb. 13, 2014: Company doubles production capacity of existing facility.
In November 2014: I called the company myself and spoke to a guy that works in the warehouse. It was after hours and he answered the phone. He wasn't allowed to give me any specifics obviously but made it very clear how extremely busy they are and how they all basically work nonstop to keep up.
Next press release: When the 4th quarter and year end results come out, I agree there is alot of gray area between 4th q 2013 and 1st q 2014. Even if the numbers aren't as great as we all think the Ceo will definitely throw in some type of indication of the 1st quarter. He always does this. The market is going to react to this. Lets face it, the market is already reacting and we are in a uptrend. The market is already banking on big 4th q results and the ceo giving indications of the 1st q 2014.
I suppose so?....lol
I agree, EAPH is definitely golden. Once they make the mj deal we are all sitting pretty. I still am not thrilled with management in how they handled things but like I have said, all that matters is the end result. This too is my one post for the day.....lol....this is the only board this has ever happened to me. Luckily, my life will go on.....lol
Don't get me wrong. I can really appreciate charts. I love math, am an engineer and have a great appreciation for it. But you can throw your charts out the window. We have a extremely volatile penny stock with a low float. When big earnings come out and 1000 new people start piling on to buy, it will blow past $10 whether your charts say so or not.
I agree.....lets make some big money today! If it doesn't happen today it doesn't matter.....it will happen.....mark this post!
$10-$20 within a few weeks (could be days).......$20-$30 within a few months (again, could be days as well) LONG FSPM!!!!
To all. I typically only post in the mornings and after work. I can occasionally post during the day at work but don't follow very closely. I don't remember the names of people who responded to my posts but I have the following general comments. YES. It is the best stock in the mj sector. By best I factor in risk. There is very little risk in this stock. Yes there will be dips....whatever. In the not so distant long term you can't lose! I don't care what price you buy at you can't lose. I don't look at things on daily terms. In a day or a week or a month THIS WILL BE a over $10 stock. Period. After that it will be a $20 stock. If the 4th quarter results aren't as good as people wanted then the 1st quarter results will be amazing.
I don't really give a crap if this drops tomorrow. When I find a good stock, a good investment I don't mess around with day trading. I know in the end the stock is going way up so what happens in between doesn't matter to me. I would never forgive myself if I sold hoping to buy in lower and then earnings came out and it runs to $10 or more. I won't take that chance. MANY OF YOU will get burned doing that. You will sell hoping to buy back in and it will take off. Or you will sell, buy another stock and get stuck. If that's what you want to do go for it but I won't take that risk. This is the real deal people. Not some hyped up mj stock with no earnings, no revenue, no product yet. Real company with a niche product and their revenues will keep going up for the next 5 to 10 years. Period. Any way you slice it, we are way undervalued. I know everyone here is an expert but I have been trading for 20 years and this is an amazing company and an amazing investment. Good luck to all. If you are smart buy and hold. Day trade other mj stocks, not this one.
Brad, you are spot on! I don't think alot of people here get it. Don't screw around over making pennies here. You will make thousands if you just relax and don't watch the stock price every minute. WE HAVE FOUND THE BEST STOCK IN THE MJ SECTOR. WAIT, FORGET THAT, THE BEST STOCK IN THE ENTIRE STOCK MARKET. SERIOUSLY, NOT A JOKE, NOT FLUFF.
People are not very smart. That's it keep selling and be on the sidelines when the earnings come out. Cracks me up that anyone would sell now. I can care less how much it drops. EARNINGS = over $10 then slow ride to $20.
Gap up coming. Bid 8.84, ask 8.95.....1,900 shares bought premarket on Scottrade
I agree with that one post someone made......CANN and FSPM should have their pps reversed. Ridiculous. We are way better than CANN imo. If that is $50 we should be $100.