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CJSTOCK -- please read this:
I would private message you but I'm just a free member. I value your opinion. I am a fundamentals chart technical analysis guy. Based on what I see, we hit a major red flag today, closing below opening share price.
With the negative sentiment that is running rampant, and the general public seemingly overly concerned with lack of news, this may run down from retain selling combined with shorts.
What are your thoughts on the chart, as well as the direction of this stock in the coming 3-4 days. Please consider the general sentiment in the air, as well as fundamentals and charts. Thanks man!
Elcappy, what is your average pps cost? I am just curious, as you seem extremely confident in the direction of this stock. If the direction goes south, I would like to know where you stand as far as what you have to lose? If your cost is .003 or lower, its a no brainer to stay in the game. If your cost is .015 or higher, like many of us, we have to question at this point if the trend is starting to turn downwards. Your thoughts, and if you wouldn't mind disclosing your cost per share, that would be great! Thanks man, you have always been one I look to on this board.
So shorting was not the cause of the drop in PPS today? Chart hit a negative fundamental, closing BELOW opening pps. People blamed this on shorting, but based on the OTC short report and relatively low number of shorts involved, comparable to other days, this pps drop was from retail. Thus comes the inevitable questions, are people selling off their stock? Is it now time to exit?
Yes you are absolutely correct. Your math is spot on an closing the deal will translate to a .25 pps valuation.
Nice try. Got anything better?
******STICKY THIS POST
Are we in MEXICO? Is this the frickin RUN OF THE BULLS?!
I think so, my friends. The technicals on this chart literally could not be any more perfect. Get ready for another massive day with $MDCN.
THIS CHART IS SCREAMING BULL RUN. Candles look so beautiful on the daily and weekly it makes we want to cry.
So you bought at .054. Relax bud, it will reach that point again. Will take a couple days, and volume, but its more than doable. When this thing reaches .10, you have DOUBLED your money! :) We will need some news and catalyst to drive this, most likely, but here is the good thing ----> NEWS IS COMING. Better believe that. Never sell and guarantee your loss when such great things lie in wait on the horizon here. Choose wisely my friend, and trade without emotion.
********* MUST READ POST: ************
So many "maybe they are doing this" and "perhaps its late because of that" -- let me just tell you what you don't want to hear but is REALLY what's happening.
Dan and Phil could give a flying F whether or not the short term pps does ANYTHING whatsoever. They could care less if it goes down to .03 again. They publicly stated this. They care about long term. Here is the problem. The MASSIVE amount of damage (dilution/distrust/late filings/silence/no PRs/etc) they are dealing here will prove to be their demise. They cannot come back from this. Why delay a stellar 10-K? There is ZERO reason for that, especially when your pps is already down in the dumps. They filed forms to delay up until this point. Now they just flat out disregard the 3/31 deadline for filing. What the hell is wrong with these guys?
If something shady SEEMS like it's going on, it probably is. Your gut instincts are usually correct. Thinking that this is part of the plan is simply wishful thinking, trying to compensate for the thousands or tens of thousands you have lost on this investment already. Its natural to dig deep for SOME explanation of what is happening here to save your investment -- lets think a little deeper. Why are we searching for this? We do this as humans because SOMETHING isn't right in our minds about this entire situation.
If your 16 year old kid is acting sketchy and shady, 99% chance something is up, and it probably isn't good. Same principle applies here. Silence, delays, lack of integrity, allowing the PPS to plummet without regard, lack of interest for the public shareholder --- what is all this telling you? DING DING DING -- YOU GOT IT! THESE DUDES MADE OFF WITH YOUR $$$$$ AND FRANKLY DON'T EVEN CARE!
That's the kind of moral character you have leading this company. Does your money feel safe behind this kind of leadership?
Stop speculating and use some of that good ole common sense, which will steer you in the right direction 9 times out of 10. Are Dan and Phil involved with the dilution going on? Probably. Are they profiting from it? I guarantee they are -- they wouldnt waste their time with a company not to come out ahead. Do they have plans of stringing us along to gain further profit. You better believe it.
That would only be a 77K profit for me. I guess I could spare a grand to make it to vegas. PARTY ON!
People are getting inpatient wanting "news". Do you really think this massive pop the last week has been because of unforeseen pending news? LOL. News gets here when it gets here. WHEN IT GET HERE, better watch out. It will be huge, and you can take that to the bank. Worth waiting for, IMO
LOW RSI. Channel trading, aka accumulation. MACD looking like it wants to start curling up. THIS CHART IS SCREAMING A BREAKOUT IS IMMINENT. Buy in while you can...it's like the boy who cried wolf. One day it will be too late. Question you have to ask yourself if how long do you want to "watch"?
Then educate everyone instead of stating the obvious...
LOL. Glad I don't live in Canada. There must be "justifiable evidence" for a volume increase? That in and of itself is perspective based and speculative. Basically, if they think its good enough they will release the hold? BAHAHAHAHAHAHA. Sorry bro...sucks for you but that is just laughable.
IF YOU DONT HAVE SHARES YET, I HIGHLY SUGGEST TO GET IN NOW! You won't see these prices forever...they are a gift.
MDCN is going to roar today!
MUST READ FOR ALL:
For all who are unaware, a bill for FEDERAL LEGALIZATION OF MARIJUANA is currently being discussed in the senate, with bipartisan support! Both dems and reps want this bill to pass, as well as the president himself.
https://www.congress.gov/bill/114th-congress/house-bill/1013/text
https://www.congress.gov/bill/114th-congress/house-bill/1014/text
https://www.congress.gov/bill/114th-congress/senate-bill/683/text?q=%7B%22search%22%3A%5B%22s.683%22%5D%7D
http://polis.house.gov/news/documentsingle.aspx?DocumentID=397743
http://www.mpp.org/states/key-marijuana-policy-reform.html
DO YOU HAVE ANY CLUE WHAT THE PASSAGE OF THESE BILLS WILL DO TO MDCN AND THE PPS?
If you don't believe this a big deal, go get your head checked. This is MONUMENTAL!
NEWS IS COMING! Load the boat!
Gotta love it! NITE is selling to himeself! LOL
HEAVY resistance in the .0169 - .017 range. Past that? BLUE SKIES :)
Trying to block us at .0169 with a measly 403K. BAHAHAHAHAHAAH
Why is the penny world so great? Because I'm up over 200% today total on all my picks for this week. Amazing :)
nope. If anything shorts RESHORTING. Or a big time retail investor taking profits or flipping
someone just unloaded several million shares....
It has been consolidating. Look at the chart
trading sideways...needs to breakout somewhere. Either up or down. Volume has slowed. Calling a close at .013
I finally got in! STOKED! THCZ IS IN BEAST MODE! I know I'm late to the party, but I'm wearing my sombrero and doing the macarena already!
Management of a company IS management of a stock. The silence is killing pps, and investors are at their breaking point. Another day or 2 of nothing, and there will be MASS selling from retail.
Dan and Phil's master plan is to keep silent, claiming they are not concerned with short term pps? ARE YOU KIDDING ME? Not caring about the pps spells out their intentions loud and clear.
Which begs the question: When is enough enough for you guys? When will EVERYONE start cashing out and watch the pps drop to the floor?
Are you that naive to think that concentrated efforts by shorts won't cause this pps to plummet. Is this kind of thinking that gets you and many others in trouble. Yes, stocks can continually increase, but it ALWAYS --- I REPEAT....ALWAYS --- will retrace. Question is when? When is it high enough to entice profit taking? Continual buying requires continual recruitment of investors. If the people on this board are already in, who else will be buying? These are real questions you need to ask, and will drastically affect the pps. Once you see the volume start to stagger and trade sideways, beware. Shorts will be all over that like white on rice.
I'm not advocating this stock will go one way or the other. What I am saying is to look at the chart. PPS is at its high. No real retracement or consolidation is evident via the chart. If anything, I would be more comfortable predicting the pps would retrace down approx. 30% or less, then continue to climb. Its healthy, its what is needed, and its the only thing that will sustain continual climbing of the pps. Don't be a fool
Did anyone actually read this? LOL
Your "buyer" is coming out of this deal with roughly 4 BILLION shares of common stock, immediately convertible. Don't know what that means? Let me tell you. At any given time they want, the buyer of these shares can sell WHATEVER THEY WANT. 4 BILLION SHARES are at their disposal, for a MASSIVE PROFIT at $.00001 par value.
Anyone care to elaborate on this?
FROM THE 8-K:
The Securities. Subject to the terms and conditions set forth in this Agreement, the Buyer shall purchase from the Company and the Company shall issue to the Buyer one billion (1,000,000,000) shares of the Company’s COMMON STOCK, par value $0.00001 (the “Common Stock”), and 100,000 shares of the Company’s SERIES H PREFERRED STOCK, par value $0.00001 (the “Preferred Stock” and together with the Common Stock, the “Securities”) which are convertible into shares of the Company’s Common Stock (the “Conversion Shares”).
5.5.2 Conversion Ratio. The number of shares of Common Stock to which a holder of Series H Preferred Stock shall be entitled upon a Conversion shall equal the product obtained by (a) multiplying the number of Fully-Diluted Common Shares by four (4), then (b) multiplying the result by a fraction, the numerator of which will be the number of shares of Series H Preferred Stock being converted and the denominator of which will be the number of authorized shares of Series H Preferred Stock. The term “Fully-Diluted Common Shares” means the sum of the outstanding Common Stock plus all shares of Common Stock that would be outstanding if all outstanding securities that could be converted into Common Stock without additional consideration were converted on the Conversion Date, but shall not include Common Stock issuable on conversion of the Series H Preferred Stock.
FYI I don't even hold a position here yet but I'm watching it heavily. What does that tell you? There are TONS of people on the sidelines here. I will most likely purchase monday morning. Risk vs Reward is highly in your favor right now. Setup looks too good, IMO.
Just found this stock via scanner. Looks like a nice setup. Massive volume for liquidity. Building demand. More ihub eyes will be on this after Friday's run. Secured government contract = REVENUE (a must for sustained growth). Almost at the all time low. Obviously being flipped, but no pumping really to speak of that is obvious. Can't be shorted at .0001 lol. Potential for huge run to .01 -- a few more contracts / positive PR and this thing will soar, IMO.
Am I missing anything?
Don't need to. My good buddy grows. He gets 4 harvests a year. FACT. Believe that. Get a better method bro
Decent numbers. Just know this, with the right equipment you can harvest 4 times a year. Most growers harvest more than twice a year
Elcappy -- please shed some truth on this. I've been trying to tell him how RIDICULOUSLY low his numbers are. He seems to not believe. Or maybe he is growing 1 plant in his 5K sq feet.
Help me out so that newbies dont read his posts and think they are real.
BOOM! Battle of the experts!
Elcappy1 ---- 1
Seadollar ---- 0
Wrong. They will be. Furthermore, even as a landlord they will be taking a NICE chunk of change. Its a percentage, not a set rate.
No offense bro but you need to learn how to grow better ;) You should be well over 2 million from 5000 sq ft
ok bud. If you actually believe that 67,000 sq ft of growing space will only net them $1.4 million, you need to stop smoking your own product. You could make $1.4 million off a small fraction of 67K sq ft..
TradeSmart what do you think this will consolidate down to? What's your pps prediction?