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Thank you DoctorKen, that's a very informative post and important for folks to understand here.
That's a very nice write-up, and shows how this stock can move considerably higher even with the RSI above 70.
I've seen charts where the RSI remained above 70 for months without taking a breather. I think fundamentals trump technicals here as this stock is undervalued when compared to company assets.
Technicals are still important as it stair steps its way up, but fundamentals are even stronger, imo. It's a very positive blend of fundies and techies for SCIE.
7s up!! Let's leave the 6s behind today. eom
No, I'm seeing .0096 for the 200dma
I agree. I'd like to see it blow thru the 200dma and hold above it. Would be a strong platform for the next leg-up after that.
SCIE looks to have great Fundamentals and Technicals. Chart looks primed for next leg-up. $SCIE$
There are other developments besides SLAM to pay attention to. The Amazon site update and HempCore sales for instance. Distribution outside of Amazon as well.
Perhaps an update on SLAM pre-order sales as well.
That chart looks good. LVGI spent a lot of time in the bottom trip zeros. Takes time and lots of good buy volume, which we have, to get back out of the basement. This was a good week.
I'm on board!! Holding for much higher gains here. Good things are brewing in SLAM-land.
6s getting eaten up, getting harder to flip here.
You said that last week. Nice try
Bid building. Looking for a strong eod finish. Go LVGI!
Great point P47, thanks for bringing that up.
As I've said before, management seems to be executing their plan here and I think we'll see positive results in the near future.
I believe so NCJ. I'll be looking to accumulate more shares when funds become available. Lot of upside here, imo.
I'm fully aware. I've worked in the Pharma / Bio-tech industry for over 18 years. I'm a regulatory and compliance guy so I'm just trying to get an accurate feel for the timeline the company is operating with.
As of the February Shareholder update PR they have until the end of June 2016 to respond to the FDA, but as they said, they should be able to respond sooner. So hopefully they will respond to the FDA's request here in March/April and then the approval will come 1-2 months after that.
All of which is very normal and natural in the FDA approval process. Looking good here. Great place to accumulate.
So at this point we're waiting for the company to respond to the FDA's request for more information regarding their product? Or has the company already sent their response to the FDA?
I don't think it'll take more than 30-60 days after said response for the FDA to make their approval decision.
$8K knocks out the Ask at 6. Looking good here.
Agree. Pennies to dollars potential here.
Good Morning folks! Great potential here, nice consolidation yesterday.
Nice Consolidation today. Ending at 6 would be good. 7 would be great.
It's not JUST another flavor. Read the labels. There are different ingredients and alcohols used in the various SLAM drinks. It's a different FORMULA. They would need 9 or 10 separate manufacturing lines to concurrently produce all of their "Flavors" at the same time. Each line has to be calibrated to the exact formula ingredients so each bottle is reproducible within certain tolerances.
There isn't some monkey adding simple "Flavor" drops to each bottle as it goes by on a conveyor belt. Food and drug manufacturing is a highly regulated and controlled operation. We're talking about a startup company trying to get its first products on the market, not Campbell's soup adding a new chicken broth to its lineup.
Have you ever worked for a startup company? I have: A Biotech company and this stuff isn't easy. It took that company ~15 years and $1.2 billion to get ONE (1) drug/device product to the market.
Personally, I'm impressed with this company and what they've accomplished so far. If they produce two types of SLAM, I'll be very excited and I'm sure if sales are strong we will see other "Flavors" added soon enough.
I bet they're naked shorting... known for it.
Some healthy churning here. One seller wanted out, goodbye - good luck to them.
Good Morning LVGI! Looking for another good day here as the news and company progress permeates out into the investing world...
GLTA!
The great thing about alcohol is it sells well when the economy is up and everyone's having a good time, or when the economy is down and everyone needs a little sumptin to relax.
Alcohol is generally immune to market fluctuations, it's always in demand.
Bid is building, looking good. eom
Looks like 6s gone, 7s on deck.
Totally different management! HempCore products are available and have great reviews on Amazon. SLAM will be available in 6-8 weeks so you cry about not having shares then too.
Love that promo vid! SLAM!!!
News is on Scottrade. eom
HempCore RELAX has excellent reviews on Amazon. I might have to try a bottle myself for sleep help.
Shorters are gonna get SLAMmed here! Lot of strong hands have moved into this stock and a lot stronger ones are here on the board now looking to take positions in a legit product manufacturing operation.
$LVGI$ GLTA!
Yep, 5s all gone. Bid at 4 just about done too. This thing is movin' on up!
Bid sitters gonna be wetting their pants Jack! lol
Ask getting SLAMmed. Let's take these 5s out!
Let me have some Chocolate Cream Pie to wash down my PB & J Sammich!
I wonder what "Looped" tastes like? lol
Exactly! Time to SLAM that ask! Weeeeeeeeeeeee
YES! Great news for HempCore distribution here also. The SLAM news is very exciting but HempCore cannot be overlooked.
Stop Bid sitting and SLAM that Ask!!! $LVGI$
Love the look of those products! Can't wait til they start shipping and selling.