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Why not have any license so they can do anything they please? Sounds all good to me, as are these amazing buy prices. This just happened a week or two ago. It went down to the twenties and bam at 41 cents a week later. This stock is the stock that keeps giving.
We shall see. Chart says downtrend has just started. Short data agrees. Finance deal, yet another hint. Being May, yet another hint. I am just following the breadcrumb trail here. Will be saving some major powder "if" I turn out to be right. long term it seems to not even matter so inconsequential for many.
Do you think that all 50 million shorted is a coincidence? Shorts always get their bounty. Even the company itself knows that the stock price is going down. That's why it initiated the finance deal now while the price was high and they can get the most value. It was extremely tactful and another reason why I love this company. I just go with the flow instead of trying to fight the tide.
Didn't say it wasn't solid. In-fact I think this could be the one of the best picks out of the whole sector. Said that cannabis stocks go down after bought finance deals which is very true. It is also Summer. 50 mil shorted. Numbers and history don't lie. Massive opportunity incoming. https://shortdata.ca/stock/LABS.V/
Every time once of these MJ companies does one of these finance deals they go WAY down in price. Bought deal is for $5.55 so I'll half that and say $2.77 shares will be incoming sometime this Summer. Save your money for those.
I have been watching MEDIF for quite some time during their great run(and for good reason). Watch out for the finance deal dips. Every single time one of these stocks gets some sort of huge money deal almost every single one of these stocks drops somewhat. I am watching, waiting and salivating for a much lower entry. Good luck to all. I think long term this is one of the best plays in the whole sector if not the best btw.
Also a side note. I also think the institutions that are handing out all these finance deals are some of the shorters themselves. You think banks don't want to make money both ways? Food for thought.
Last Edit: Ehhh, maybe think of getting rid of the three pictures at bottom of page with strippers, money and lambo? Kind of makes the page look like a trash stock like POTN. Food for thought.
"I agree MM should not be allowed to enter false buys and sells". I never said it should not be allowed. In fact I love it. I love the fake news, I love the hysteria, I love the fake Bids/ASKS. I love all the deceit, corruption, fraud and nonsense I see on a daily basis which is criminal at best. I love it because it gives you an advantage once you're able to identify it as such. Let all the corruptness work for your benefit. Not like we can stop it, so might as well use it to our benefit and profit from it.
I have been watching who has been putting orders on the Ask. A lot of fake orders on the ask now everyday. Big ones like 220k, 140k, 170k, etc. All the time there are 100k fake ones too that popup all day. If you watch it long enough in real time you can decipher which orders are for the most part real and which ones are fake. As soon as their order is about to be bitten, it disappears. The games these peeps play. Buy Volume is now 2.4mil now. Hopefully we can see 4 - 5 mil again.
Buy Volume jumped from 900k to 1.8mil today. Looking like it might bounce up a couple of ticks soon.
Looks like we will start the day in the green. Happy holidays, going kayaking. Set it and forget it.
Hardly anything simple when it is "anticipated". I don't leave room for chance.
Of course. At .34 now. I love this position. .34 imo is a great entry. This stock is the stock that keeps giving. Hope it goes lower =)
Back in at .35 =) Thank you for the cheapies.
Just stop responding to anything I post please. This whole right/wrong debate is ludicrous and I could care less. Thank you.
It has nothing to do with being wrong or right. It has to do that this is a letter of intent and should be treated as such. Only time will tell if the deal goes through. ALL THE TIME deals like this are renegotiated so today's press release means absolutely nothing till the terms are finalized.
It's called dilution my Slayer brother(saw them on Seasons/Divine/South of Heaven tours). They keep on issuing more shares to do their business dealings so that dilutes the value of the shareholders stock. They keep paying themselves ridiculous amounts of shares as well when they haven't even done anything yet. Like I have said many times. Do not fall in love with any of these stocks. Trade them based off of due diligence and technical analysis. This one will run at some point again making a lot of people a lot of money. But long term I am not on board due to the constant diluting. Stocks like these are quick money grabs that I use to put in more stable share structured companies for the long haul. "Ya just date em, ya don't marry em" =)
Yes considering how many LOI's I have seen in the past two years from various companies you take LOI as such. A LOI. I don't take much stock in LOI until they are finalized deals. Until they are finalized LOI's mean nothing and can be altered or terminated at any time.
How? We have over 500 million shares outstanding and diluting more every week. That's why the stock price is so low.
First off it's just a letter of intent which means nothing these days. Also there sounds like there is a bunch of dilution as well. We'll see how it all plays out. So far looking at volume on the CSE this morning you cannot tell yet what the market thinks. I figured I would see some sort of action on the buy or sell end but atm it's stagnant. Odd, because yesterday they built a massive wall on the ask that looked impossible to get through. Now this morning it's like it never existed. Ahh, the games they play. Will post if I see a huge swing in volume either way before bell.
Thank you, thank you. I'll be here all week.
And like the bipolar person I am, took profits. ASK is stacking up a bit so i'm backing away to see how the next 24 hours plays out. I can get used to this weekly paycheck.
Have no idea. I was looking at .55 or .39 area for entry. Last time it started to run, it ran for a couple of days so maybe all the insiders buying now because earnings finally coming? Wouldn't be surprised if it hangs in between .70 - 1.00(USD) area. That's about the best 30 day prediction I can give you.
I'm right about 75% of the time. VFF btw hit under 10 bucks and when i said it they were 14 and people were calling me nuts cuz I was saying it was gonna drop hard. So I did call that dip, it just didnt go all the way down to 6 or 7. I have to get half credit for that one. .39 or .55 was the logical entry points for Namaste. I know you hate it that Im right most of the time because I'm pompous, rude and arrogant.
See how I get harassed when I say it's going to run before it ever happens? I should be given praise. "I smell a swing incoming either from .55 or .39. Same outcome above .70 again so seems a win win either way. "
Volume is up to 2.4mil on the CSE BUY. It was 700,000 for quite a few days which was woooh low. 1.7 mil on the BUY is what jump started this couple days ago. Now it has bounced to 2.4 mil. More buyers, the stock goes up. When it hit 4 - 4.5 mil on the BUY thats when ya really watch to get out. Overbought conditions, etc. Right now they also formed a 1.4 million wall from .50 - .53(CAD). Hopefully the volume lasts. It's all about the volume on the CSE.
You date these stocks, that's it. You do not fall in love, hope or pray. Treat them like the diluted pigs these are. You are investing, not looking for a new wife. I could care less about this company or any other stock I own. It hasn't even started yet and it is diluted to holy hell already. I don't care because it's going to run at least 10% today and probably more before the tour. My advice is to not get attached to any of these MJ plays. Think like a computer. no emotions.
I believe it will be an easy 10% gainer today which is a great days pay for me. We shall see at end of day. Good luck today sir.
It doesn't matter to me. This stock will run short term. Long term, absolutely not. Much better plays with much better share structures and board members. Like the saying goes, only date them?
Up 9% today in Germany. Let the good times roll.
10/01/2013 Tesla daily chart. Look like a familiar price? What was on that day the highest of highs is now the lows. Seems to make perfect sense looking at Tesla's chart that this could be an excellent entry or could be 100% rubbish. I think it's looks like a textbook entry.
This stock is so undervalued right now. I have no CVSI atm, I am an outsider, although I have had CVSI stock a couple of times in the past. In no time CVSI will have a run rate of 100 mil in sales. That is pretty much a given. Market caps in the cannabis space are a "Minimum" 10 x's gross sales.
100 mil x's 10 x's sales multiplier is 1 billion market cap divided by 100 mil ballpark OS and we have a rough share price at 10 dollars. Now of course the 10 x's multiplier goes to 20 - 30 x's during frantic times when the fake news start in full effect with positive articles. So that leaves us with a tentative 10.00 - 30.00 share price. Add in some normal dilution over the course of a year and I figure 24.00 - 27.00 ballpark SP, during a holiday and a "good news" global run within a year.
So that's leaves the question? Why is this stock continuing to go down down after a sweet earnings and the future is crazy bright? Pure manipulation. The bots are walking down the price, penny by penny shaking the weak hands. Why are they doing this? I believe it's because CVSI is getting up-listed soon. This dip is different than the past others imo. Of course they(the powers to be) will walk this down to as low as they can get it before it explodes to 10 dollars on up-listing rumor or execution. They run a SP down before the big run. Anyways, good luck. When Agra is done with this little run, I'm selling to buy bunch of CVSI. Peace =)
Nailed it
I don't like this hanging out at .55(USD). .55 was our old lowest low. Now it it is our highs. I'd like to see Namaste break though this resistance and form new higher lows above .55. I think we will see .39 again before we see .70. I smell a swing incoming either from .55 or .39. Same outcome above .70 again so seems a win win either way.