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Bull hammer People are watching for an open tomorrow at or above .0047 and the reversal may be on. My opinion.
Remember what I said earlier about the series of red closes since the beginning of the year Malven? Three day red run broken today. Yes sir.
Ha Touche!!!
I see what you did there, lol.
No, I was saying that Gary Johnson would NOT be involved in a scam. I think MEDICAN is legit.
Haha, trickster, that was good ;p
Yep, I posted a little earlier over at MOMOS BREAKOUT BOARD :)
Oh, I figured out what the filter button is for, lol.
There is a hammer forming on the daily chart. For the charting novices.
Hammer
The hammer is made up of one candlestick, white or black, with a small body, long lower shadow and small or nonexistent upper shadow. The size of the lower shadow should be a least twice the length of the body and the high/low range should be relatively large. Large is a relative term and the high/low range should be large relative to range over the last 10-20 days.
After a decline, the hammer's intraday low indicates that selling pressure remains. However, the strong close shows that buyers are starting to become active again. Further strength is required to provide bullish confirmation of this reversal pattern.
(Oh yea, definately a hammer now) @ .0045
MDCN Did your scanner pick it up?
People are watching for the reversal. It ran 5000% from these levels at the end of March.
I stand corrected, thanks lumi. One thing I can say from my travels on Ihub is that Vegasvic is one of the most followed members and that means Momo. Welcome to MDCN Vic, bring your friends, drinks on us.
If memory serves me right, you were supposed to utilize your realty powers to dig for us, hmmmmmm? :)
Ooh, I need to go put my indicators in now and look, thanks. Yea, I was glancing at it but now I'm digging in.
Also, I'm still (patiently) waiting for my intel on some DD that I am doing.
edit Let's talk charts. Oh charts don't matter right now some might say. That's fine, but look at the daily chart and look at the series of down days consecutively, 5 days at the most? We are currently at 4. There were not that many 5 day red runs either. I'm talking from January to now.
Look at the increasing sell volume too Something is about to happen
Me too, I wish I had my million shares pre split right now. No worries, I'm good with 188,000.
edit Yes Volcano, many new eyes on this stock today and they are reading all of these posts. I don't need to explain my rational here, do I? If anything, smart money is reading all of the misery and bidding properly. A guy bidding for the Presidency is in a scam. Seriously? Wake up.
edit People are also looking at the chart, waiting for a buy signal. It will happen.
Thank you for the compliment strike, it is appreciated. Like I said, I know a little more now about financials from reading d's posts. Regarding charts, I have some knowledge here. As bad as it looks, I will say that the chart looked amazing to me last night. Yes, I said amazing. If I found MDCN in the buzz ticker cloud and went to the chart, I would be looking at an extremely oversold opportunity and finding out that it ran 5 000% from down here, again opportunity. Take some deep slow breaths folks, exhale.
My thought for the night
I arrived and bought shares just about a week before the reverse split, I think? I knew that I could lose the money that I was putting into the stock before I did it. I watched as the stock fell to half it's value before the R/S was announced, I did nothing, I just observed as I continue to do. Volatile it is, this one... I do believe that I will see better days coming with the rest of you.
If I can hold fast through this brutality enforced by the market, the experience will make me even better for the future. This stock is a true test of mental strength and patience.
Good night
It is bigger than the property. It is another footprint for the company and the sector. TWYNS will brand across state lines and Feds won't mess with Indian lands. This company is creating a lucrative framework of places to grow, product to brand and dispensaries to sell to. I can see 50 cents if a property is closed and one is discussed to close in the second quarter. It just makes sense to me. I'm not a seasoned savvy trader or investor, yet...
I've been over at TPACs website reading up on the company. Very interesting indeed. As far as OEMs needing to buy 35% of an aircrafts purchase price from China, this is really big in my opinion as well as the 16 week delivery time. My father and me are former corporate pilots. I will be talking with him about TPAC and get his thoughts. He has alot of contacts in aviation. Good stock folks, I'm a buyer when I have cash, lol
No pm beer, I understand what you are saying with regards to price. Yea let's watch it, same boat as you right now.
OMG stop, I'm drooling over the fact that 5 grand would get me 12,500,000 shares.
I need money, uhhh...
I like what I see so far beer$$$money. I will read up on it and you do the same, we will talk about it. I'll be looking into it tomorrow. Also, money to invest would help too, ha ha.
Yea, you all have a great CEO by the sound of it. Organic growth? I'm liking that
Hit you back, umsllc
editIf 5 cents was anticipation to close pre split, I say 50 cents for the smaller property close. Just a guess
This is a hype number not rationally based on Market Cap like d's #. Market Cap!!! Pfft ;O ha, let's get crunk up in here, we want Good news....
I saw your other post regarding that lumi. Yes, people are thinking about selling into the market right now. They did not hide it by doing it after hours. It does make sense that pre market news would help sway their decision the other way.
I appreciate the compliment my friend. I'm still learning the ins and outs of statements and such but I will help with fact gathering, digging etc. whenever I can.
This post is directed at Medican management.
I was browsing IHUB and I found this post at TPAC in the stickies. Please give this some consideration in the future, Thank you
wow do I like this: Several people have asked me( bill m.)directly if we are planning a reverse split. The answer is a firm No. We have been approached by many people who have encouraged us to do so and we have soundly rejected all discussions almost immediately. I learned a long time ago to never say never, but there are only a few circumstances in which we would entertain the thought of a reverse split. When the company is achieving revenue and when the company can, on a consistent basis release positive news and when we can show growth and value for our shareholders, we may consider a reverse split. But even then, we would only do so in order to provide us with a clear and immediate path to NASDAQ, AMEX or the NYSE. A reverse split at this juncture would only boost the stock momentarily and then the stock would free fall.
As I have told everyone, we are in this for the long haul. We are all aerospace guys and know that in our business it is a marathon, not a sprint. We will continue to exhibit patience and persistence and remain confident in our plan, our path and our goals.
I am following this guys advice regarding MDCN
“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
“It is no trick at all to be right on the market,” he adds. “I’ve known many [traders] who were right at exactly the right time, and began buying or selling stocks when prices were at the very level that should show the greatest profit. And their experience invariably matched mine; that is, they made no real money out of it. [Traders] who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make the big money.” - Jesse Livermore
Ahh ha ha ha, I looked at it and thought, this could be the state of things maybe? Ok, good laugh. Moving on
d, I don't have pm but I think that may have been a change at that time, if you know what I mean. I don't think it is the current state. I may be wrong though.
Go to weed maps on Google.
You will find dispenseries
Not in this lifetime will they close on May 32nd.
Oh Keech, you're new here, haven't you heard? According to some, there are no shorts now...
Yes my friend, it's looking good
Oh man, I didn't see that. Thank you for pointing that out Homebrew. Yea, acquiring TWYNS will help them brand in other places as well.
Medican Enterprises Inc. (OTCBB: MDCN) is a bio-pharmaceutical company at the forefront of wholesale medical marijuana ("MMJ") production, cultivation, and wholesale distribution of cannabis related products.
Malvern, Meditate, do you see what just happened? ;)
This article explains what happened over many trading sessions and about the properties. It's old known news. Pretty weak attempt at propaganda
Good morning, I read the article. I can't say that the title is correct but the content explained what has happened to the stock, nothing more. I do not think there is any intended malice here Malvern nor do I think that what you posted yesterday was intended to harm anything but when you bicker with other longs, it gives these naysayers something to lach onto and play with. It really is why they are here, to disrupt. Don't fuel it. Morning thought finished.
I appreciate the compliment beer$$money, Thank you. Like I said, I hope my investigation yields info. it will not be hyped up pie in the sky BSif it doesn't pan out I will dig some more. I'm doing some brainstorming and using my resources.
Ha :) Thanks guys, I also did a little investigative work of my own before walking into the gym. I'll let you know what comes of it.
How about poor or out of powder? Do they count :)
The company filed for QB status. They are not trying to keep the price here for long, believe that.
PROVE IT SONICBOOM
and Malvern, you want to figure things out so we aren't shocked? I had a million shares reduced to 100k, nothing would shock me now.
This was posted zoned for growing a month ago.
Also if the float is 200 mill, we are at a quarter traded Again today. This stock is fixin...
Volume went from 20 to 37mil in several minutes, there it goes for now....
Sure... What is your pps prediction today?
I think if you want to spend a few dollars more, you could probably hit the ask and be ok.
Man, I wish I could. Once again Croaker, you amaze me.