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I don't think anyone will sell with pending huge news. No way. Plus with the market closed on Monday people will want to get in tomorrow. Tuesday I believe isa going to be the big day. Completely makes sense.
I know......the dots really are connecting...lol...good way to put it!
A MUST READ: Ok, here me out on this. Our CEO is slick. He has pretty much told everyone the details already but people can't red I guess.
1. If you were negotiating with a company, would you make an announcement telling the whole world how important this is for your company and that you are negotiating? Of course not. You would lose all negotiating power by doing that. The reason why he did in my opinion is because the deal is already complete verbally. Now just putting it in writing and making it legal.
2. They just announce they have 5 million in credit. I am a civil engineer and project manager for construction jobs and sites. Ranging from 100 thousand to 20 million. There are a lot of variables but improving a site for a grow out facility would probably cost anywhere from 2 million to 5 million plus. Coincidence?
I was just reading this again from last Friday, "Easton Pharmaceuticals has finalized and closed on an agreement with one of the foremost respected and knowledgeable legal experts and consulting firms in Canada towards medical marijuana. This company is to be lead project manager to draft and file an application on behalf of Easton Pharmaceuticals who will be completely responsible to be project manager and hire security firms, engineers and architects and other experts who will conform the warehouse and facilities too adhere to strict Health Canada Standards for its application."
It seems to me the deal is pretty much done already. They are already hiring the attorney/consultant to file an application that outlines details of the facility. Plans, hiring engineer, architect etc. If a deal wasn't in place this would be putting the cart way in front of the horse. Seriously, my opinion they already had a verbal deal in place and now just making it legal and putting it in writing. I am feeling very confident after reading this again. Wish I had more money to invest. My opinion only, but it's a done deal.
They said last Friday results of the deal in 7 to 10 days.....that means tomorrow or Monday......is the market closed on Monday for President's Day? If so, I would think news has to be tomorrow then. I still say 17 mil. market cap is a joke....I don't see how this isn't a 0.25 stock. IMO with announcement of a deal it is quickly. I'm calling it here and now.....$0.15 to $0.25 by next week. LONG EAPH!!!!!!
Ooh, just checked.....my funds cleared in my account.....adding more today....hope it doesn't gap up
Everyone put a real high sell order in with their shares to protect them from being shorted. I just did this.
Come on Chasta and Chef.......this is a penny stock. It doesn't take a genius to find something negative on a penny stock. 99% of the penny stocks are running out of money.....that's why it is a penny stock!!!! But when a company like EAPH (a penny stock) changes it's business plan and the company is doing something to increase share value like getting into the mj sector, it is huge! We don't need you to protect us like you said.....what is that? You suddenly have a deep concern for mankind?......lol....this is the stock market.....we all know there are risks....especially with a penny stock.....but EAPH has HUGE upside.....you can't even argue that. As shareholders we are making a bet that the stock is going to go up. Shorts want it to go down.....that's what a market is. The market will determine where the share price ends up. Why would Chasta post negative news, not make a comment and leave? Think about it.
Ok well I don't like it so I guess it is too bad for me. Yes, facts of an opinion by someone else. With a deal in place easy .10-.20 stock. My opinion of course.....time will tell. No one knows the real value until the specifics of the deal are announced. You don't know, Chasta or me. Brand new investment world though with marijuana and you need to have the vision to see it. More money than people even know.
They should announce a deal tomorrow so it runs all the way to the close on Friday then new people will discover EAPH over the weekend and then big gap up Monday! That is my vote.
Nice post! Very interesting. I hope it doesn't gap up tomorrow. I just got some more money into my account and ready to buy some more tomorrow morning. As soon as I buy, it can then take off!
Ok this stock is aggravating me to say the least. I don't get it. Can people not read or something? We should easily be screaming upwards already. I think we would have today but ALL the mj stocks tanked. I hope positive news comes out early and catches people by surprise that wanted to buy in by Friday or Monday. I always stand by my convictions in the stock market and I am almost always right about it. I know we have a winner here. Tomorrow we begin! Lets do this!!!!!!!
Anyone who sold today and gave away 20 to 30% I do not feel sorry for you at all. Not very smart when you pretty much no for a fact the stock is going to run up the next week due to the pending news. I sit here and shake my head.....lol....funny
Nice point I like that......I bought a penny stock 2 years ago and right after I bought it, the thing tanked. Was down 50% in minutes. Then It dropped another 25%. So now I am down 75% of my money. I held it for around 15 months and sold for a 50% profit. Granted, no one wants to do that but proves your point.......the game is over when you say it is over.
People on this board worry way to much. Like someone said, you didn't lose anything unless you sell. Your loss isn't real. Relax.....this isn't some hyped up mj stok....it is real with a real product. Easy $8 to $10 imo. You only have a few weeks to wait so relax. Don't look at the stock price every minute of every day. And I agree with the one guy on EAPH. I ma also in that one and will be going up huge within one week. They are in the middle of trying to ink a deal to be partners with a Canadian company that has a license and facility to grow and distribute medical marijuana. EAPH will handle the distribution. HUGE mj play. In my opinion the 2 best mj stocks are FSPM and EAPH. I wouldn't buy any other mj stock right now.
I know you cannot guarantee anything in the stock market but this is about as close as it gets. We will test new highs within a week as long as they make the deal. Obviously my opinion but I don't know how it couldn't. The company has never been in a better position than this. I say even without news .07 to .08 by Friday being conservative.
I thought we would go way up today too but not worried at all. With pending deal to be announced Friday or Monday 0.10 is a lock in my opinion. We have a deal with a Canadian company that already has a license to grow and distribute medical marijuana. We will handle distribution. Perfect fit. We have a monster brewing!
Agreed and they bring the distribution part to the equation. Most people that invest in penny stocks don't bother really reading the details of the news I don't think. They are primarily day traders and only care about when a stock has upward momentum. EAPH will give them upward momentum soon.
We should set new highs within a week. No worries!
I really don't think the market has figured out how huge this is yet. People are missing what the news said. But guess what, they will shortly!
If this was any other stock pulling back like this today I would be worried but I am completely not. Not a worry in the world. We all know they will be announcing by this Friday or next Monday they have a deal in place to grow and distribute medical marijuana. It may even happen sooner. This is completely huge! Every guy out there (and girl) will be jumping on to buy this stock when the news is announced. With the low float, I can't even guess how high it will go. Just forget today even happened. Doesn't mean a thing. For those of you that bought more, congrats! I am tapped out so couldn't but really wish I could have. And also, we are teaming with a company that already has their license. FITX doesn't even have that.
I hope they surprise everyone and come out with the news way ahead of schedule. All these idiots who are selling thinking they will buy back in will be buying back in 30-40% higher. We are sitting on a ticking time bomb!
You pretty much have to be the world's worst investor to sell EAPH when there is pending, HUGE news coming out. That's ok, thanks for the cheap shares all of you that sold!
EAPH....best mj stock in the sector in my opinion. Just announced Friday in 7 to 10 days they will announce results of working a deal with a Canadian company to grow and distribute medical marijuana. With the news hanging out there, stock should run all week. Very undervalued IMO
You will be fine if you hold....I think it will still drop more then eventually go to $10. Most people who buy mj stocks are day traders and don't like to hold for more than a week......a lot of people have it on their radar but won't buy yet and have to hold for 3 to 4 weeks.
They said earnings end of February....based on how the company is not big into posting news at all I doubt earnings will come out early.....late if anything.....I would say end of February to early March.
Agreed.....$4 to $5 is pushing it....I'm greedy but not that greedy....I think most of my posts I stick to a realistic number at where I think we will end up. I stick to $.50 to $1.00. That would make me very happy and it is very possible.
You are right....but you run the risk that one of these times (today?) it will gap up high in the morning.....you will sell.....and it won't drop back down again....have seen it happen....very risky to do that. Good luck with that
I don't need a million. Just pay off my mortgage EAPH and buy me a new Mercedes and I would be very happy. I used to hate Monday mornings now I can't wait. Big gap up......long EAPH!!!
If it drops any tomorrow I will jump in. Hard to jump in on DMHI when all the mj penny stocks are going crazy right now. But with positive news, this will jump back to .03 temporarily like it always does.
Stop loss? Huh? You don't need a stop loss we are gapping way up tomorrow. Just worry about how much profit you want to make. Then you will buy back in a week at a much higher price most likely as you are sick to your stomach watching all the money you missed out on. Anyone who doesn't hold for a minimum of 7 to 10 days is foolish. I think most people will hold and that is why it will run all week long. I see $0.10 easy being conservative. $0.15 to $0.20 would not surprise me. That's where it should be already and the market will realize this.
I agree but barchart.com is spitting out a strong buy because of the huge volume on a low float stock and the huge volume is attributed to being a mj stock. If it wasn't a mj stock you wouldn't have this volume or the interest in the company.
Great post thank you. This thing is BIG! All I can say.
All my opinion, EAPH is the absolute best mj stock to own right now. I follow everyone of them. Here is exactly why: In Friday's news they said they are in negotiations to partner with a company in Canada to grow and distribute medical marijuana. The best part, they will come out with news in 7 to 10 days to let shareholders know what happens. This stock will run all week in anticipation of the news. Stocks always run up in anticipation of the news. More than when the actual news come out. If they make the deal, EAPH is SEVERELY undervalued. $0.25 to $1.00 stock if they make the deal. Don't believe me, look at their market cap of 17 million versus market cap of FITX and PLPL. FITX 246 mil, PLPL 143 million. If we are equal to them, puts the share price between $0.55 and $1.00.
All my opinion, EAPH is the absolute best mj stock to own right now. Here is exactly why: In Friday's news they said they are in negotiations to partner with a company in Canada to grow and distribute medical marijuana. The best part, they will come out with news in 7 to 10 days to let shareholders know what happens. This stock will run all week in anticipation of the news. Stocks always run up in anticipation of the news. More than when the actual news come out. If they make the deal, EAPH is SEVERELY undervalued. $0.25 to $1.00 stock if they make the deal. Don't believe me, look at their market cap of 17 million versus market cap of FITX and PLPL. FITX 246 mil, PLPL 143 million. If we are equal to them, puts the share price between $0.55 and $1.00.
That's the truth....never get your emotions involved.....some people claim they are long forever which is pretty ridiculous....we are all here to make money....I love EAPH right now but if the share price runs to $1 I am selling and won't love it when I move on to the next stock. For the present moment, LONG EAPH!!!!
If you were to put a gun to my head and said pick one mj company that is going up this coming week it would be EAPH. I follow all of them everyday for over a year. This is the one that has the news hanging out there that will drive the price and is way undervalued with good news. If I am wrong then I give up and I don't know anything anymore.....lol
I've done my share of hyping up a stock but EAPH doesn't need any hype. The facts speak for themselves. Way undervalued. If they make the deal, when the news comes out in 7 to 10 day, we are sitting on a HUGE winner. All of us will make a ton of money. I invest in all of the mj stocks and this one is the best one right now.
I agree....I have followed this stock forever. Have bought and sold numerous times for nice profits. This recent drop worries me. I don't have any position right now and normally I would be buying but it is scaring me. If it drops more I will probably take a small position but like I said this big drop is strange. Not really sure what it means. Normally you can buy around .017 and sell at .027 safely every time. Now I don't have a feel for it.
I think I do have it hammered down...lol....it hit me Friday doing research. We are seriously sitting on a gold mine here. If we don't hit $.09 to $.10 Friday then I don't know anything.