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They have 3 and it's at .04?
I thought that was already in the bag?
To be honest big tobacco will be the only ones proliferating. They're the only ones with organized lobbying and cash to make things happen. But in the short term, get in and get out. Play short term. It's penny stocks, and most likely won't pan out long term. Imo
What is your point? It takes time to branch out? Not five years like they predict?
I agree. All penny stocks are scams anyway. Imo
I agree. All penny stocks are scams anyway. Imo
You know that nothing happens quickly. 10Q will be the next pr hopefully it's not late. That won't happen til end of month at best.
I don't think anyone will be mad. No one here is shorting, I'd bet on that. It's a dichotomy, you push the possible future, we push the current state. So you need to realize that the difference in our valuations is the potential. And the realization in that potential are PR's. What PR's come out, and the timing in which they come out, is the actualization. But profit is only made in the timeliness of when you buy vs news coming out.
The celebrity matchup didn't do much for mcig tho.
Lol it better be wiz khalifa
How long are you going for?
You also said that it would happen by end of July. Have you talked to anyone at CAFS lately?
I only say this because, too often I've heard people say that a stock is going to a dollar. And it goes to .25 or .35 etc. But they could have made more money buying and selling a few times over a month. Versus holding for six or nine months.
Cause 2 months ago you thought this would be at .50. Do you still feel that way?
Start practicing 30% gains
Lol. Well if I was you I'd get 75% of my shares out at .11 and sell the rest at .25 or better.
Sometimes it's your thoughts, but mostly your grammar makes me laugh.
Forgot about that ??
I don't think that Einstein was a bad speller.
That's any penny stock tho. But....if this thing runs to a dime, I'm buying you a grammar tutor. Good God stacker!!! Lolol nothin but love tho.
How come no one is ever on the board when the price goes down? Why aren't we discussing what's going on today?
Lets all be reminded that, even if, all sales staff were filled; the end game is news. It's penny stocks, fellas, penny stocks. So all "potential" aside, money is the only thing that matters. Weather it's investments, sales, mine-able ore, or otherwise...that's it. Plain and simple. Show me one penny stock that's gone on to be more than an otc stock?? Tell me about an otc that's gone to Nasdaq, or better, and been a success?? I'll tell you it's few and far between!
Yeah. Pennies are pennies. And 99.999999999% of these stocks are scams. If these companies had something truly viable, they'd be owned by a VC, then built up, then sold, or taken public on a real market platform. Not a lowly OTCQB/BB. I try to trade as quick as possible 5-20 days max, and gtfo. Do that and you limit A LOT OF DOWNSIDE. Also only trade "industries" that are hot on a larger scale as mm and oil are today. Trade the potential news, and get out.
I think what is happening is people / MM getting out. Probably from a build up towards Q1 end. Two month history shows a continuing downtrend, but seems to be bouncing off of bottom bollinger band to middle band. Buying at the bottom band (.03) and selling at middle (.04) allows for 33% short term gains, based off of recent data.
I also see a band gap forming, which can indicate a price divergence (+/-) from current trend.
OBV is coming down towards a more acceptable bullish level, but A/D is also down trending, but at a faster rate than OBV, which needs to reverse. Lower OBV and higher A/D are great signs to me.
I would trade short term for now 7-10 days, until trend reversals appear. I believe there will be a 2-3 day build up if news is to come. So limit down side with shorter trading cycle, and get a nice upside IF.....IF signs change towards more bullish pps. IMHO
Honestly I think management resumes aren't worth much. I've been in too many penny stocks that haven't done anything long term, despite having "industry leaders" in management. CSEY NTEK MJNA PHOT etc. once a penny always a penny
I think it's a good area to get in. I'd prob look at the possibility of flipping it a couple times if possible. I still think earliest potential news is still 2-3 weeks away. So if u can sell at .044-.049 for a quick 30-50%, I'd say that's worth it short term. The possibility of a late 10Q is there. Imo
Also, this is good trading point if you can get 100,000 shares at .033's and sell at .038-.039. Be a nice quick 10%+ gain for a few hours of work.
Not too shabby. I do think there is the possibility of Q1 end effecting the # of shares sold, which enhances the precision of what the true value of the pps is, based on the current state of events. Imo
Good DD bubba!
I thought you said there was only a few thousand shares available at .03?
How many sell orders did you put in?????? Lol
It's funny how market manipulation only comes up when pps goes down
I agree that this stock will test the .03 range, just as it did when it was fofu. And it wasn't MM manipulation.
Yes that is good. I'm still skeptical on the franchise revenues tho.
Not sure. Have to wait for their first 10q
You only lost if you sold. Depending on when you got in and where you sold (IF you sold, but I remember you avgd down at .039, nicely done), I don't think it was a bad move if you sold at 10-15% loss during the FOFU CAFS change over. Any stock that I've watched, or been in, that's gone up, has had a day or two notice. Don't buy the hype, value on knowns/historical data, buy based on under value per that data, and SELL ON hype. Make the quick gain and get out!
Penny stocks are a decent way to make a little extra money if you limit your time exposure. As you learn to decrease and limit TIT (time-in-trade, as I call it) your percent of profitable trades will increase greatly, along with your bank roll. There's always another stock to trade. Also I would highly suggest finding a partner to trade with. But only someone who puts as much time into dd as you do! Gltu
I should hope you feel YOURE right. Hopefully you got in around .04, for sure under .045. Then you're sitting ok. But I also only trade for 30-50% gains, and try to limit my time exposure to 1 month. The earliest upside news would be sales with current agreements, then followed by additional agreements.
To put out additional agreements and then post sales would potentially undervalue stock pps. But don't expect timely results. Also this may not occur til Q2 or later.
Well it's millions of dollars worth of risk. Unless they have potential elsewhere. I doubt they'll pay for 100,000sf facility and equipment to match for a company with very little cash.