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Wes, I've sent emails and facebook messages to Wanderport with not one response out of the 5 or so messages.
Why no PR at all. The Amazon thing alone gives them some bragging rights. If there's no PR or communications, this could mean a buyout or merger of some sort and they are keeping it quiet. Could mean, the company is not very profitable and is running into some difficulty, which is not what we want to happen. Maybe they're fat, dumb and happy over there and feel they don't need to say anything because business is going so well and forgot/don't know how the OTC market works.
Being too quiet leads to speculations both positive and negative.
From what I've seen on the various message boards on IH, most conversations go very negative quickly.
It's like a competition who can say the worst thing about a stock and hope it goes back up. Very self-destructive and toxic posts.
Hopefully we will hear what is going on and it is positive information.
Zero trades so far today. The good news is, no one is selling!
I wasn't speaking to MJTK specifically, I was talking about MJ sector in general. Momentum in trading has slowed and OTC MJ stock prices have dropped.
Trades have been very slow in the MJ sector in the last week.
Momentum has slowed right down. It must be summer... We may have a few months of this limited activity.
Wesley Smith, how's it going?
Where may one purchase this CBD Coffee?
It's not on the website.
Thanks,
Yes, we're all in this together. We all had great hopes for this company and stock. I too was in before I started reading the great pumping stories and then cautiously bought into it even more. Averaging at .0034, watched it climb and thought, hey I should get out right now! Which brings me to the question, is greed really good? Not for me and others that's for sure. Next move is to watch the "new guy" drive this startup to success and be positive. Bashing will never help anything. These software programs take time and then all the beta testing. Like Pinky says in so many words, OTC is a huge gamble and the MJ sector is even a higher risk. Don't spend what one can't afford to lose. It's like loaning money to someone knowing you may never see it again.
GLTA!!
It nice to see the coffee being bought. I've bought around 6 bags over time myself along with stocks. I'd like to see other people buying stocks as well. Will there be any PR on the company? The trades seem to come to a lull. Granted people may not be selling, but we need investors as well.
Maybe I'm missing something in the PR arena?
I'm looking forward to your (Sleek) new analysis of MJTK in the next week or so given the leadership changes. Hopefully the bashers/trolls didn't ware him (you) down from future commentary.
Agreed, we are heading in a better direction. We received the long awaited news about the direction the company is going and people still bashed the company. This is an OTC stock, like many, has great risk. Diversify within the OTC and take the good with the bad. It's like loaning money, don't loan money you can't afford to loan, because you may never see it back again.. OTC in an nut shell. Especially in the OTC MJ sector. High risk.. No pun intended...
This is an app that will be released when it is ready. I'd rather wait 6 months or longer than have something put into the market that is not ready. This needs to be colorful, user friendly, fun to use and intuitive. Seriously, think who will be using this app. And by that, I mean millennials... LOL
This was reported 12/16/14?
6 month product launch delay is nothing. I've been close to three years now on a launch.. Need to get it right the first time when rolling out. I do understand they are in need of investors for the cash flow, but I believe that will come at some level. This is the penny stock world. You may get rich, but not today or tomorrow..
Understanding the concern of not releasing a product on the big magical day of 420, but releasing something isn't ready is never good. I work for a manufacturer and understand the long term implications of rolling a product out into the market that isn't truly ready. It can be a major set back. Standing in front of corp executives telling them why their idea isn't good and have them finally agree paid off. It's now been three years and we're finally rolling the product the proper design changes and tooling. We've stated many release dates that just couldn't happen. It has been worth the wait because it is what the market wants, and it well sell smoothly. This is how I'm perceiving this MJTK product. Hopefully this is the case and they are perfecting and or came across unforeseen challenges to roll out properly. I'd rather have a great product with the bugs worked out than have a product put into the market with bugs that get fixed as they come. IMHO..
Rosstafari, I totally agree. Two different products running two different platforms for two different markets. Heavy commercial use vs home owner/private citizen use. To have the same platform as the TSA would not make the MYDX product financially attractive to the public at large...
It will be interesting to see how the MYDX2 will be received. The table top model. This could have nice light commercial and home use applications.
I see a lot of dead cats in the MJ sector and none of mine have bounced...LOL
Why are we not seeing any trades today? I don't see trades here or on Scottrade. Strange.
Declaes, your posts are very similar to mine. Great product, great engineering and then.....what....no profitability? I am hoping they succeed by more than the skin of their teeth, nobody wants to see a businesses fail.
Thanks for your input Diegojoe.
I live near Plug, known people who have worked there and have recently toured the facility. I have been watching this company since the inception and when the stocks were very high along with the environmental hype. I believe in the product, but for some reason, which I may or may not know, has a hard time with profitability. Plug has great engineering with a great product.
I wish them well. Albany could always use a good success story.
If this stock hits $2.75 - 2.80, I'm out. No confidence. I've been watching this company for years. Really hoping they were going to be bought out. I hope Plug does well in the future.
I bought in on the IPO.... Then it tanked to under $4..
I believed in the company and the direction it was going, so bought in again to average down. $7 bucks to go to break even....
Not the first time this has happened with an IPO with me, but with penitence and time it seems to always workout.
Good to see someone else excited about this company.
Another favorable report:
http://mjbizdaily.com/ag-sessions-signals-no-major-federal-marijuana-crackdown/
I'd like to think that Sessions understands he is part of the old guard and his thoughts on MJ are antiquated. He has bigger fish to fry anyway. Time will tell where the country is going, hopefully sooner than later.
On a more positive note:
http://mjbizdaily.com/ag-sessions-signals-no-major-federal-marijuana-crackdown/
Turch, Thanks for the information. I signed up for the news letter and magazine. Good Stuff!
I sent an email Monday, so far no response. Explained how some message boards are concerned how the stock is dropping and also inquired about the Amazon comments. Asked if they could put some kind of tickler of what's coming to keep things positive with the investors. As it has been said, there's really no buyers or anything to excite buyers. Grabbed another 60k this AM myself to average down. I don't expect miracles in quick money with these MJ stocks. Started in November against my thoughts of waiting until the Feds lightened up. We'll see what happens in the next few months to a year with the Feds and banking rules. We need it to be the Republicans making the decision to move forward with the laws and not the Democrats pushing them. We'll get know where fast...
I actually bought the stock about two years ago hoping they would be bought. I've watched this company for many years. Worked three miles from the place and live around 15 miles from there. It was going to be the shining star of Albany, NY. Then Nano tech moved in and they are now the forgotten child.... I still have hopes, but being bought out may be the only way. Good Luck Plug!
My take on the company is the following. Great product all around. Company is run by engineers. They have completed their task in engineering something. Engineering management had the idea given them to go public. What, free money?! They may have not understood the concept of investors as it appears they don't understand much beyond engineering. They make payroll and other overhead, life is good!
My order came today as well in upstate NY. Now is the time to further buy in.
Has anyone heard any updates or progression of the audit? It will be interesting to watch MCOA ring the bell at Wall St.
Like the facts. In your opinion, do you feel within a year, the stock will climb? My take is to keep my position and see what happens. I want to see the company succeed.
A bit of sarcasm with the coal comment given our new political push for coal mining.
http://www.bizjournals.com/albany/news/2017/02/03/why-plug-powers-stock-dropped-to-its-lowest-point.html
Seems the plunge in the stock is due to 2008 30% tax credit expired. The fate of the company is hinging on this tax credit to be renewed. Maybe we should invest in coal...
This was just posted on LinkedIn.
http://www.plugpower.com/2017/02/clarification-on-recent-private-sale-of-series-c-preferred-stock/
Not sure if this caused enough market confusion for the stock to be where it is today.. Hopefully this explanation will create rainbows and unicorns just in time for the weekend..
I'll be in the beast's lair next week. See what I can find out. This is very disconcerting to say the least. May trade what I have for MJ penny stocks and get my money back within a day or two.. LOL
Let me preface my comment with this, Plug Power has a great product and I believe in the product. Here comes the BUT...
This financial situation they find themselves in lays with with management and their lack of knowing how to make a buck or I should say to keep a buck. They do know how to make a great product. After all the company is run mostly by engineers. Not the best practice to make a buck.. The construction management to "start up" seems to be one of the issues and not so much the profitability of the product. Quote a price, get a contract signed to get the product up and running and then the unforeseen costs start appearing. This may be a trend. Site surveys need to be handled better. They need professional contruction managers and engineers to make such assessments and not laymen to come up with costs. With this I say two things that I hope to make my and others investments back and the future of PP, 1. Understand what it actually takes to get your great product up and running to stop losing profitability 2. Another company that knows what they're doing buys Plug Power out.
I'd really like the later to take place. I've been watching this company for many years for it to fail. Good luck and good fortune PP!! Get your act together for those like me who believe in you and wants to see you succeed.
It will take a week from Cali to get to me...
So,has anybody purchased any of WDRP's products? Bought some coffee tonight to give it a try. I let know how it goes..