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...the silence is deafening...
My question is actually geared towards those that think this will go somewhere...I'm personally looking for my exit point now.
Financials and wishful thinking aside, I'd like to hear your rational/thoughts as to why you believe this stock will rise. If California going legal couldn't jump start "California-based" ACOL, what makes you think Canada will?
Let's see if this moves the needle today.
https://www.cnbc.com/2018/09/19/marijuana-producer-tilray-up-another-40percent-as-cannabis-stocks-blossom.html
'deke' you may be confusing him with me. I was the one who said I would bail at .015 but I didn't when I had that opportunity. I admit, my "spidey" sense tells me to wait one more time, for this October. I just need to pull the trigger and listen to my gut on this one...because lord knows, the reports and performance thus far, isn't proving it. gl
...try and create a coherent sentence for once...did I ever mention about trading, did I ever mention about it being your $$$? Nope, you're just feeling sorry for yourself because you are now the one being called out on your "twice a week" pumping...so says the pumper who has posted over 4100+ posts. If any of your 4100+ posts were worth what you claim them to be, you'd be the multi-gazillionaire by now and long gone from here. You're not fooling anyone...
That the best you can do? Just keep "pumping" along...we all know why you're here...
The only thing I will say about your continual and unnecessary reminders that you are always "buying", is because you are averaging down for your eventual exit with a relatively small profit.
I hope you're correct 'mojo', just feels like the "boy who cried wolf" mentality... good luck
I understand llcoolm11. While I admit I held on longer than I originally planned to, it is frustrating to go from good news/possibilities and see this stock go nowhere. I think the signs have been there, but this penny is...well...acting like most pennies act...which is go nowhere. I have been here ~ 2 years now so, to a certain degree, I have some patience...but again, freely admit, it is wearing thin. I do believe I will come out ahead, how much? That depends on how greedy and lucky I feel. Good luck.
Man...idk 'onelove17'. I can see the pros behind a RS, but I'm thinking it will do more harm than good...but at this point, I just flat out don't know. With the number of outstanding shares, a RS makes a lot of sense, but since the owners are far and away the majority owners, I'm not sure they would be willing to do that. I believe if they did, investors will bail in bunches. I mean, one of the many reasons for doing a RS would be the fear of being delisted if the stock drops too low. I have no idea if you can be "delisted" from a penny??? I also believe most would view a RS as an accounting gimmick rather than a strategic move. Like I've said before, I'm looking for a certain pps to either minimize my potential losses or realize an imperceptible gain...and I'm not far off...basically under 1.5. I was under a penny average until I bought more when that run to 5 cents happened...I didn't want to be left behind LOL! So far, that has come back to bite me at the moment. I see a lot of positives with this company, just like everybody else has, but many continue to hope that the next best set of good news will propel this stock...and sadly, nothing could be further from the truth. So far, the negative rhetoric wrt this stock is right on the mark. The pumpers are just paid shrills to keep buyer's hope alive so that this doesn't tank from a point of no return. The wishful thinkers are either oblivious as to the facts thus far or just so desperate that they lean on any post that accentuates the positive vibes. To some degree, I can't blame them. If I didn't, I'd have been gone a long time ago. For me, it's a daily struggle to keep hope alive and I believe I'm there to finally do something about it. So far, the negative posts have the facts (pps) to back up their negativity. As far as the other side, all the good news has been a big fat nothing. Good luck to all.
I will say this much 'llcoolm11', I guess Oct/Nov is as good as any mark out there. But let's face it, I think the logic is running out in a hurry. As for the pumpers or wishful thinking types, tomorrow is always another day for them...and if that is what helps them sleep at night, who am I to wet on their parade? So let's digress for a minute, a few PRs definitely generated excitement; such as the only FDA approved container, then there was Boveda and along the way, some feel good tweets with no substance whatsoever (imho). Then Oct/Nov came and of course the pps was going to go up (because that's what always happen that time of year), then it was wait til the new year. Following the new year, California was next and boy were the experts out in force. Remember when ACOL skyrocketed to the moon right after that news? Me neither. Then of course came the Canada vote and the next mark was set. Hope was alive once again and many of us cashed in when ACOL exploded...this didn't happen to you? Well truth be known, it didn't happen to me either. So, the Canadian vote has come and gone and so now we hope for actual legalization to move the needle. I've already been holding longer than I had originally planned as I too was sucked into the "realm of possibility". If there is imperceptible movement then, you won't have to pry my shares, I'll gladly bail and put more into ACBFF or OGRMF. Good luck to everybody. In the end, I hope I'm wrong.
..."Spike"?...I'm not seeing it in either pps or volume...
...at your rate, you'll be at 86 mil yourself. Should we start bashing you then? Tell me a time when ACOL "wasn't" a buying opportunity.
fwiw, I wasn't implying you were the pumper...
You need to smell what you're shoveling...PUMPER ALERT!
Agreed 'onelove17'... and we get it for free!
Whaaat? Canada and some states have already legalized...what are you talking about? Where was the bounce?
...you don't understand the analogy then. I'm not implying "they're crying". I'm saying, all they are to me, at this point, is a bunch of "talk". I've only been here ~1.5 years so I certainly didn't get the benefit of that low of a pps. I did however, get in just under a penny then wound up "averaging up" when it had it's short run to 5 cents. Fortunately, I'm still under 1.5 cents. I will sing their praises once the pps can sustain any kind of momentum. I'm here to make money and that's the bottom line.
...I would have liked this news a whole lot better if it hadn't come from ACOL themselves. While there continues to be "good" news, I view Acology as the "boy who cried wolf". So, I'm at the point of "show me", quit "telling me".
'llcollm11', you don't know how bad I want to believe your : "Risk vs reward is definitely in rewards favor." I'm sure we all do, but at this point, I'm a cynic...
Why is it a dumb move? Maybe this person has already made a profit and is tired of watching this stock being stuck in neutral...I'm definitely waiting for my jumping off point as well...
Well then 'mojo joyo', every day mus be a great buy day for you. Virtually every day for ACOL is under .015. You sure you're not the one with 86 million? LOL...
boom? What, is ACOL imploding on itself?
...well let's see what pps does with this good news...hopefully better than the past...
'mojo joyo' give it a rest already brother! What difference does it make how many shares anybody owns?
...as I mentioned earlier, more potential good news that so far, has been a "nothing sandwich". Let me know when I'm supposed to sing their praises...this is all rhetoric until pps starts moving to the right and overtime, continues that way.
...so now it's Canada (again) and November elections (new bogey) that will move ACOL?
I hope you're right 'llcoolm11'. I've tried to rely on logic or in your words "news driven investor", but so far, to no avail. I certainly believe "news" can spark a run as it does with stocks periodically. Of course, the big names is where we see this the most at...or at least, that's what you read about most of the time. Unless this thing goes right down the toilet, I won't lose much...if at all and I'm still hopeful there are better times ahead. I probably need to spend more time on the technical aspects rather than rely on the hype...we have all seen how well that has been working to this point...boy, did I pick a bad day to quit sniffing glue! LOL! ;>D
While you have some valid points, I believe what has been lost in the translation (and rightfully so imho), is everytime the next "great" event/news is supposed to happen...meaning, this stock is supposed to rise, time and time again, it dissapoints...and then someone on the board boasts about the new date or event that will cause this stock to "soar". Been there, done that. That doesn't mean there isn't a reason for optimism or in some cases, pessimism for that matter. Short term or long term have different meanings to most...I have been holding this stock for 1.5 years myself. I also said I would bail right after the Canada announcement if nothing materialized...which so far, has rang true. I had a short window to bail and make a small profit, which I didn't...So, I've decided to wait until "actual" legalization to see what happens. So this is a verbose post to say nothing more than I'm a cynic, and I will believe it when it happens. How much longer, I just don't know at this point, but the fact that I'm still holding means I'm trying to keep hope alive. GLTA
So 'mojo' are you telling us we must be either pro ACOL or con ACOL? I don't think so...everyone should tell it like it is...they do something smart or good, I'll gladly sing their praises. They do something stupid or bonehead, I'll be the first to criticize as well. There is no place for "pumpers", one way or the other...and this board is full of them...especially the ones who "ALWAYS" come up with some bogus silver lining. The proof is in the pps.
Again, you bring up good points...and let's face it, if you're not proven wrong, "We Shareholders" will all eventually suffer the consequences. While I am holding out at the moment, I am definitely looking for my exit point...just depends on how greedy and lucky I feel.
To a certain degree, all those things you mention are important in this industry. Having said that, your question is valid. There will be other "medtainers" manufactured, maybe even at a lower cost...so, you bring up a valid point. Having been the first and the only FDA approved (I believe that's still the case at this point), gives ACOL a near term advantage...but that will change soon enough. I'm hoping for a buyout from one of the Big 3 in order to possibly drop the price per medtainer down, thus making it the most "attractive" choice. You're not being negative, you're trying to be rational and logical...unlike the "pumpers" who "ALWAYS" write about "buying on the cheap". While that is true to some degree, this stock is "Always on the cheap"...so, it's the "boy who cried wolf" mentality from those types.
...because all the other good/great PRs caused the pps to shoot through the moon?
...when the pps needle starts moving towards the right, and can sustain momentum in that direction, then I'll get interested. Despite the good news over time, ACOL has performed miserably...
Understood and hope you're correct