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**** WARNING ****
Stay away from SIPC for the next 3 months. It’s a scam stock that’s going to continue to fall below the .01 threshold. Save your money for the run in July/August.
Everything you said sounds about right except for the right now part. It’s been almost 2 months since that’s been correct. Mid .01s in a few months, and maybe I’ll think about buying then.
What part of my post made you think I care about long term investors. I just care about what’s happening now, and what’s happening in the future. The near future looks bad, but after the storm is weathered we will see another run like this last one. Enjoy a few more months of losing money guys, you seem to like that.
If you’ve held onto a stock that’s lost over 50% in 2 months then you probably don’t know what you’re doing. Just saying. I’m sure you think you do, but you don’t.
That’s great for you. You will still say that when this goes into the .01s. I doubt this goes further than that, so congrats to you for making money :)
How you believe I came here happy to see SIPC red from this is beyond me:
“If you haven’t sold by now, then you are pretty much in no mans land. You will just have to endure the fall for a few more months and hope this doesn’t drop too far by then.”
I’m just letting you know what is probably going to happen. The 3 catalysts left for 2018 all occur between July and November. I’ll be on your side in July/August.
Right, VAPE is only down 50% from its high while SIPC is down 70%. Ouch wouldn’t it have been great to sell. Oh well you live and learn. How sad that a company that doesn’t even exists isn’t falling as far as SIPC lol.
GO RED!!!!!
Keep the hope up bud, since that seems to be working so well lately.
If you haven’t sold by now, then you are pretty much in no mans land. You will just have to endure the fall for a few more months and hope this doesn’t drop too far by then.
Here is a little hope for you guys that might give this stock a small boost
https://www.desertsun.com/story/news/local/cathedral-city/2018/02/28/marijuana-lounges-could-soon-popping-up-cathedral-city-dispenaries/383313002/
Go to their website, click on investors then view the SEC filings. That is not a good sign. Well at least this stock made a run from .0016 to .008s, so some people made a few bucks on a company that most likely went bankrupt. The power of MJ hype.
They have been delinquent on their filings since 2016 and were on the verge of being shut down by the SEC. I wouldn’t be surprised if VAPE doesn’t actually exist anymore.
Someone stopped by and said the place was empty and the tenants next to them said they moved out in August. That’s why I pulled everything out in November, and was just wondering if they found a new place.
I thought they moved out of that location in August.
This is a dead period, and MJ stocks go on a steady decline until the next catalyst appears.
Anyone know where VAPE is headquartered at?
Last chance to sell in the .10s before you lose a quick 10%
Another 3-4 months decline back to at least the .07’s before this possibly turns around. .09s will go bye quick once the .10’s break.
They have a scheduled opening for April 1st 2018. So that means 2019 at the earliest.
There will be plenty of “Loading zones” in the next few months lol
I would be a terrible investor if I still had shares. I’ll be back sometime after June for the Canada/election run when these things are easily profitable. Right now it’s just gambling. But good luck to you if you buy and sell at the right times in the next 4 months.
GRNH doesn’t own Igot420 though. They probably have between a 10-15% stake in the company. So now instead of GRNH losing 3 millions a year, they are only going to lose 2.9million a year. So hurry up and buy all these shares, you wouldn’t want to miss this big run lol.
Hindsight for when to sell during a run. It’s very tough to know where the top will be, but there are a few indicators.
You don’t need much hindsight to know when most catalysts occur. Usually you know them a year in advance.
Also it’s not too hard to figure out that after a run is over it’s not advantageous to hold onto your shares, because it’s been proven time and time again, they just keep dropping until the next catalyst.
That’s why you don’t hold onto shares when there isn’t any “hype” on the horizon. These companies will always dilute.
The 2 pretty solid catalysts for 2018 which are Canada legalization and November elections. A third could be some type of rescheduling depending on how the lawsuit against Sessions turns out (I think we should know if the case gets tossed or not within a week).
Holding onto shares when you aren’t within 2 months of a catalyst is like betting on the Cleveland Browns to win. Buying shares within 2 months of a catalyst is equivalent to betting on the team playing Cleveland to win.
It’s never the price that matters for MJ stocks it’s the time periods to buy and sell that matter.
I don’t care how low this stock goes, it’s not worth buying until at least 3 months from now. Safe zone is September, with the possibility of one or two great weeks between June and August. I figured .02’s would come within the next 2 months, but didn’t think GRNH would be this close so soon.
If by terrible you mean great then yes lol. You can’t Short most penny stocks, by shorting I just mean buying and selling within a day or two. None of these stocks have any sustainability. Just jab these stocks instead of looking for a haymaker.
Florida no longer has a chance to legalize MJ in 2018. Right now there is still the possibility of Michigan, Arizona, and North Dakota to vote to legalize recreational and then Idaho, Utah, Missouri, Oklahoma, and South Dakota to legalize medical. As of now Oklahoma is the only state that’s officially on the ballot, while in Michigan and South Dakota signatures have been submitted. The other 5 have signature deadlines from April-July.
This doesn’t count any state that could legalize recreational marijuana through the state legislature.
More red days and red weeks on the way.
https://hightimes.com/news/canada-delaying-marijuana-legalization-past-july-2018/
Written in December, haven’t seen an update since.
It’s possible Canada might push back legalization until later in the year. The next run could be aways away. I would love if it does actually get pushed back. Then you would have the hype from Canada and 8 or states looking to legalize Med/Rec going at the same time, which would cause another great spike. Some of you need to realize the best times to buy and sell so you can make a profit instead of hating on the CEO and hoping for things that aren’t going to come. And sadly even if your wishes of financials/PRs were to come, they don’t move the needle as much as hype does.
They are but not intentionally lol. Another nice red day for MJ stocks. Canada going legal in July and 2018 elections should be 2 catalysts. The third was supposed to be the spending bill but with the continual pushback along with MJ probably not getting the type of protections that would cause another run, these stocks could be on a down trend until May. Always keep your eye on news for the spending bill and MJ protections, but for those thinking audited financials could cause a run, they really don’t mean much for MJ penny stocks.
Try old news.
That’s in reference to the stop gab bill. Catchy headline though, I’ll give you that.
Lol wow
So much for being a CA company during the CA legalization run.
GRNH is at max a $2 mil company that’s valued at $20 mil. There will never be revenues with this company. GRNH is pretty much a bank at this point for Haas to use as he tries to start up other ventures.
Dilution is a beautiful thing.
Pretty much makes 8 1/2. That helps Massachusetts out. It’s a step in the right directions though.
This would need to be included in the next spending bill in order for these stocks to truly run again. Right now the chances look to be below 50% for its inclusion in the February spending bill . Stocks might go up a little without it, but this is the big catalyst most people are waiting for.
https://www.greeleytribune.com/news/local/buck-polis-butt-heads-on-spending-bill-amendment-to-protect-state-legal-marijuana/