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Someone on here yesterday suggested the RS was done to get away from the sub penny area and flippers and probably some of the market makers that go along with that. As far as I can see on L2 many of the market makers have dropped off the scene. I don't know if they will return as trading starts to loosen up but for now it appears a lot cleaner in the sense of having less market makers and flippers around.
More so I think our strength going forward will be in the OS drastically reduced to 50MM shares as opposed to about 500MM shares as it was last week. According to basic economics having the OS an float a tenth of what it was should create HUGE demand once news is back in focus, meaning the two AZ property closings, the Colorado location and the Medican Nations deals that are in the works headed up by Dimitri Downing whom I have been in touch with.
I would think as we get closer to signing the AZ deals we should see this move northward at a rate that far exceeds what we saw in the past few weeks. Again supply and demand of shares. Off the lows we saw a stabilized price that represented a 2000% gain,t his time around I think we are in for a 20,000% gain simply due to the economics of it with supply and demand of shares outstanding and in the float. We should trade the float over and over again as news nears. To $7-$10 plus....here we come!!!
Yes agreed. Not only that but just the pure numbers of it all tells me that with the OS a tenth of what it was should make any run we get 10 times as strong. Basic supply and demand will take hold there. When you look back at our lows and then look at where we were settling last week (about .015) a run ten times as strong due to ten times less shares available easily puts us at $7. NOW IS THE TIME TO BUY.
Friday's close was .0065ish and the new OS is around 50MM shares
Yes any hint of news and the ultra low OS will push this 10 times higher than any run w3 had in the past when the OS was ten times higher. Will move on a whisper.
Roughly speaking, yes. I was basing the 20,000% off of .03 but more is possible.
Post some of those tickers up...sometimes people need to see how they go up so drastically, so quickly and where they settle at overall
I agree with your last post. Wheels are in motion and I think now more than ever we are closer to closing these deals, two in AZ and one in CO. Although a tough pill to swallow as it seems right now I think the R/S was needed to shake off the flippers and so on. Just look how much more cleaned up L2 looks. It looks ALOT more healthy. I stand by my projection of a stabilized gain of 20,000%
PREVIOUSLY (few weeks ago)
O/S of 450MM we ran from .0007 to .05 representing a 7000% gain. In todays figues (post split) that same run would be 10 times stronger so from the current levels which we seemed to have stabilized at would put the pps at $21 (briefly) given the OS is 10 times smaller.
I don't expect that to hold BUT I do expect it to hold to an equivalent value we have been trading at last week (about .015) which represented a 2000% run on the old OS.
With todays new OS that is 10 times smaller but then 10 times stronger will run this 20,000% from the current .03 meaning a stabilized pps of about $6.00/share
This is what the company is doing and with that will be a solid and stable pps that can uplist to a MAJOR exchange.
I agree with your last post. Wheels are in motion and I think now more than ever we are closer to closing these deals, two in AZ and one in CO. Although a tough pill to swallow as it seems right now I think the R/S was needed to shake off the flippers and so on. Just look how much more cleaned up L2 looks. It looks ALOT more healthy. I stand by my projection of a stabilized gain of 20,000%
PREVIOUSLY (few weeks ago)
O/S of 450MM we ran from .0007 to .05 representing a 7000% gain. In todays figues (post split) that same run would be 10 times stronger so from the current levels which we seemed to have stabilized at would put the pps at $21 (briefly) given the OS is 10 times smaller.
I don't expect that to hold BUT I do expect it to hold to an equivalent value we have been trading at last week (about .015) which represented a 2000% run on the old OS.
With todays new OS that is 10 times smaller but then 10 times stronger will run this 20,000% from the current .03 meaning a stabilized pps of about $6.00/share
This is what the company is doing and with that will be a solid and stable pps that can uplist to a MAJOR exchange.
Now is the time to add shares but that is none of my business with your account. I am simply looking at previous moves that the stock has made on anticipated news and reconstructed the move with the adjust share structure. In theory the same percentage moves will occur COUPLED with the drastically reduced AS. The OS on the last run was still slated for 1B so that has not changed. The tradable float and OS is what has changed and that will create HUGE DEMAND as there are now 10 times less shares around. The buying demand will therefore be ten times as strong.
I think it is going to stabilize up 20,000% (twenty thousand percent), not 7,000%. Share structure, and deals are being put in place.
Last time this traded at its low of .0007 it ran briefly 7000% to rougly .05 but stabilized for awhile at roughly 2000% up to .015ish. Lets just use round numbers to make life easy here.
Now the difference is that the OS has been drastically reduced to roughly 50MM where in the above scenario it was about 450MM shares. With that said with news pending and some buying pressure those same kind of runs can easily push us to a brief high of $20 and a stabilized trading range of $6.
Keep in mind deals are STILL ON THE TABLE, AS is drastically reduced and the worst of the R/S is now behind us. We seem to have stabilized at roughly .03. News of closings, set to come any day now could possibly have us upwards of $20 in a flash, probably even faster than last time as we only have to churn through 50MM shares, not almost 500MM shares.
THIS IS A HOLD
OTC site shows volume of 32k with bid at .033 and ask at .045. I honeslty thought it was going to be worse
OTC site shows volume of 32k with bid at .033 and ask at .045. I honeslty thought it was going to be worse
Not any more, management has proven to do wrong by me. so the new adjusted highis $29.90....does me saying its going to gomto $29.90 get you 20 times more excited? just cause someone says $1.25 don't mean jacj...that's now .125. management needs to step it up NOW!!!!!!!!!!!!!!!!!
I wouldn't get our hopes up for a pr, maybe just an 8k that will reiterate the rs which will just drive us lower. Friday afternoon when I checked my linked it Ken Williams conveniently removed me from his linked in group. Interesting because I was the only one pressing him to do right by the shareholders. It just goes to show his cowardly gesture towards his shareholders and I don't believe anymore that he has us in his best interest, rather his printing press for shares. WHAT A SHAME
Ha!wouldn't that be nice
Then why would they do a rs now if they still had another 500mm in the as. Why rs now with all those as shares available and 2 closings within reach. I think there is something missing that none of us know about yet.
I don't know, I don't se how this can possibly be good. I don't see how Monday will be epic unless by some miracle they PR that both locations are signed and closed on. Realistically that won't happen. We got screwed. IR does not email back and Ken removed me from linked in. Both can't answer my questions or concerns about today's events
I know that. I'm just saying .60 or .70 would then make it worth it. .06 to .07 open is not going to Uplist mdcn to anything. So what's the advantage???
.06 will quickly be dumped into and will finish out much lower Monday. We needed much higher and only thing that will do it is deal closings come Monday morning...we won't get that either. Yeah I know .12ish will equate to this mornings numbers but I doubt we get it. Why would we open up 75% higher with no news. Please explain
Right bounce to .06 which equates to .006 pre split. This needs to bounce to .60 at least to make it worth it
Stupid post. .06 or .07 is still much lower than today's open. If it opens at .60 or .70 then ok
I wish you are right but it's not that easy. Yes the OS would be 45MM, Ultra low but they would NEED to drop news Monday as well on building close. THEN to make it worth it the PPS would have to go to $1 instantly to make it worth while....I don't know
It was on the MDCN yahoo board...sorry peeps my mistake
Cannabis Stocks Turning Around...link inside
http://finance.yahoo.com/news/cannabis-industry-look-2015-125000582.html
silly wabbit
just silly...that would be insider info
See the shares just keep apprearing
See how CDEL just magically appreaed with 190K shares at .0142 to create a "wall" if you will.
I would like to think that but its not that easy. As the pps increases you will see larger blocks appear (50k,100k,200k) and so on on the ask...usually on the next tick up which will become hard to break through. What breaks those down easily is large buys but we have not seen that yet today
Have to get CDEL on the ask at 200k out of the way
Right, IHUB L2 shows the same. I think a dip in the AM then a run as we have been seeing
Conversions are done, expect the OS to stay in the 450MM area. Excellent set up going forward. Still a VERY small OS coupled with conversions baked into current pps only provides a path for us to go up from here. Nice small gains each and every day ahead into the closing of the 68k sf facility. Profitability is ahead!!
"IN-CONTRACT" plain and simple in the 10k
You shorts are screeeeewwwwwweeeeddddddd
Transparent 10k. Deals are moving along nicely. Obama wants medical MJ!!! Looking for at least another 30% upward movement today
The 10K was actually pretty decent. On top of that the 7200 sf facility is done. On top of that the anticipation of the 68,000 sf facility is still looming which actually may play out in our favor. I am thinking because the 68,000 sf facility is CLEARLY in contract and off the market the PPS will continue to creep up as the anticipation nears for a PR suggesting an official close on the property. I am thinking we should get to at least .05 before the property officially closes and if we get a ten or twenty bagger from there....we are golden
This ruling does MDCN a favor, a huge favor, it gives the little guy a chance to compete in an up and coming market. If it were legalized now MDCN would be squashed by big pharma taking over the space. This ruling is good for us for now...down the road is another story
10K will be out after market close. Expecting positive results.
That statement is dead on, VERY TRUE! MDCN is up and coming and will add tens of millions of dollars to its bottom line instantly with the acquisition. Now the small guy has a chance to excel in an up and coming industry. Maybe once MDCN is in full swing and fed laws change maybe big pharma will come in and offer BILLIONS for MDCN. This ruling is a good thing in the long run
Medican is probably waiting for judge ruling to clear MMJ and then they will release the PR's...gotta love how they timed it!!!!! We may see $1.00 today!!!!