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There is something called "Consultant" BTW. Most start up businesses use this service. And of course it is better than this messy stuff we have been witnessing for quite sometime.
Secondly, I don't think that family members work for free, so replacing one of them with a someone with more expertise is not an additional burden.
it is not my opinion actually, just follow the market sir!!
It is my opinion, he communicated last week the OS only to find they are higher by 3 million shares 10 days later (6 trading days).
How long has he been tweeting this HUGE distribution deals?? actually since I bought in a YEAR ago.
How about reporting his sales through all the e-channels?, something factual!!!
This is just funny.....
This stock is under consistent dilution and no buying interest.
If the market believes that this is a $10 stock (LOL), the buying should be undergoing at these levels without mercy!!!
Let's hope to see 0.10 again....
Since we have another meaningless tweet, most probably down tomorrow!!
What is the difference between this tweet and last tweet, really??
Yeah it is just another one of those OTC stocks as it seems-this is the sad truth!!!
It has been down for 9 weeks now due to the abysmal numbers of last Q and 80% loss in PPS , and seems like it will continue down unless he releases real numbers.
According to your message, they diluted with 3 million share mores in just 10 days??
Contacting the company seems useless!!
This is a LOT considering that the volume is anemic, so basically it is not shorting, it is Clear Dilution, based on the volume. 4 million shares per 22 trading days, is almost 200k dilution per day!!
Pierretp,
There was never a doubt about getting back to 0.10, I am irritated because I thought that we should have been above 0.10 looong ago.
I hope to see the right numbers this time in the Q to support all the projections, or to see an earth shattering deal, those are the two things I am looking for now. I can take out another million shares in a blink, whether for trading or investing is not important for the thread.
Everything here seems working except the PPS and the unnecessary projections by the company.
Cheers
Guys,
The official reversal when we break this trend line and hold - link back to chart. This is the REAL trend line that needs to be broken, and it will be proven by the run when this occurs. We need a good buying volume and a full candle close above the line followed by an open and close above it to confirm.
This is the visual look of the line for ALL to be able to see what I am talking about. As stated the reversal has Never taken place at any given time in the last 8 weeks. It will come soon as we are very close to the apex of depending triangle.
Cheers
However you want to slice it, there is no buying interest. Most volume are filling the Bid. And I certainly don’t agree with your statment, they will back off with any real momentum, otherwise we will never move according to you. They will vanish when the momentum groups show up. Just wait and see!!
This is the logic expectation, but not necessarily true. We have to watch the losses that come with the increased revenues, along with the OS. When the revenues are used to expand instead of diluting shares, this what will signal the strength of the model.
If nothing ever comes out of the last investors meetings, it signals that they did not like the balance sheet. We shall see. A tweet of "great job guys" means nothing-show me the support with money!!
Well CF, I was not saying anything more than this. This is where all my criticism to him came from. He doesn't seem to learn or want to learn what irritates the market. Just deliver. The basic concept in business "don't talk, just do".
Whoever was asking what Matt can do about the decline of PPS or he has been delievering on promises - this is one of his mistakes - killing any surprise and coming out as if he is pumping, and of course the crazy unrealistic projections and insisting on it.
Dilution will not stop the advancement of the PPS if he reports numbers that indicate that the model is working - nothing is difficult.
Nope, technically 0.025 should hold, I would be surpised if they break it down. Only dilution would do this if they give up and they have to sell shares IMO. BTW, no one is holding believers back to hit the the hell out of the very low ask to take the PPS up by will as it is very cheap - they just don't want to or not 100% sure this is the bottom yet!!
There is no buying interest SaintFans25-It has been bullish here all around 100% for the last 2 weeks (2 stores opened, Nexus launch, and CBD oil launch) - anything happened other than more downside?.
I am really wondering what trend is all this talk about?
The trend has never been broken at any given moment.
If you are looking for news to breakout, this is not a technical analysis at all, as news tumble charts. Instead of e endless tweets, real news will break the chart out. Tweets might have temporary effect.
Pure technical speaking without news has been and still an abysmal analysis for the last 8 weeks at any given time.
Picture is better than 1000 words, please post your charts.
Would you kindly post an annotated chart to show what trend lines you have been talking about?, I believe that annotated charts are better to illustrate for all. No downtrend has been broken yet whatsoever IMO.
$INND
Till this line is broken with convincing volume and 2 full candles close above it, any talk about already trend reversal is absolutely inaccurate and has nothing to do with the chart, and there is no debate about this.
As long as the trend of throwing out astronomical projection numbers by the company continues, nothing will change here. I am not sure when they will realize that the whole market is sick of this.
It is all now about technicals, the momo will come and go. It seems now that 0.10 is the ceiling point all are looking for. Play it right!!
I think that there is nothing better can be said than your post - I tip my hat for your post, and I have nothing more to add to the discussion - I have made myself clear enough. Tolerance for other opinions is good and save a lot of wasted energy.
Good luck to all here, I hope that things change to the positive.
Time for big boards ONLY for me once I am out - investing and trading pennies is not for everyone!!!
Cheers and see you all around the boards!!
It is certainly a buying watch time, not a sell time - this what was said with the chart post!!
It is kinda of the second one, I would choose. It is not a classical one. Everyone has an opinion and I can choose what I see!! MATT is using my money and I don't like how he use it. Matt is not my family to defend him unconditionally and without using any sense. Waiting for the next pump before the dump, and I will deal with this stock with how I view it now after 1 year waste of time!!!!!
The descending triangle has started back around early May after the release of the terrible financial and the usual delays in delivering products as promised. Regardless of my negative opinion about the company's performance, this is the time to watch buying, not selling. We are at or close to a bottom. Selling, if a must, should be at or close to a high when momentum hits. Descending triangle is usually bullish as we approach the apex. It is not a must though, but the odds favor reversal.
Notice that the previous run started just before April starts based on the failed promises of an Amazing April, so yes, people act based on the tweets that the company irresponsibly gave random numbers for revenues and unrealistic timelines IMO.
Does this chart look like P&D from March to now??
Still holding ed66-I can't sell with the amount I have and this anemic volume. Always sell in strength. Knowing the chart is important too to get the best out of next momo run, if any.
Cheers
No, what I am telling you is that the market is already flooded and it is not a good business, time will show this, patience!! cbd business has its seasoned people who know what they are doing. Jumping around will be proven a disaster, I would think!! Just ride the momo waves
cbd is all over the market, this will do nothing other than may be a short term momo. How many companies are in this business?. Again, time will tell
It is a nice trading stock and good to ride the momo and sell before the eventual collapse. It is just not investing stock-it is a crap and loser stock in this aspect. Just pull out the one or 2 year chart and tell me how is this a good investing stock!!!! Here it is to save time - since the beginning of 2018, the PPS can't cross 0.1-0.15 area, where the progress is?
We shall see. Remember, we have been hearing that every single fraction down that this was the bottom since the 10s.
sillylung, the whole market anticipates the cbd and nexus along with the other stores for so long, these are priced in IMO. The CEO has been very poor in dealing with the releases and the impression now, it is for selling shares. He will need to do a LOT ro rectify this pictures. He has to know that the market does not seem to believe anything he says!!
What will move this stock is the unexpected, and all relates to balance sheet, such as:
1- Good finance deals with favorable terms
2- Remarkable improvemet in revenues
3- Pay off the notes (won't happen IMO)
4- Strike an amazing contract with big box stores.
Or something of this sort. Other than this, it will all be momo comes, momo goes with the useless tweets and empty PRS. However, you have to realize that all the millions of shres sold at these low prices will be dumped agin in any momo. It is a crap stock, howver you want to slice it, at least for a good period of time. All IMO...
Cheers
Holding something like this stock for toooo long will result in being in the red instead of the green, I have this cycle at least 5 times and never sold, how smart!!.
Eventually, it will be crystal clear how to deal with a fragile stock like this one. Sell the momentum at the peak wherever it takes us, then buy the low, this is not something to hold forever, not this loser stock IMO. Now, is not a good time to sell though, it is never a good idea to sell in low volume!! I might still be wrong and the PPS collapses more.
The tweets are for entertainment, I would not take any of it seriously anymore!!
1/100 of a $1 (1 cent) is possible if he keeps failing with his endless promises. You never know.
10 cents for INND is reasonable, $10 well, not reasonable......
And their followers seem to be all over the stock as evidenced by the anemic volume and collapse of price!!
If they want to show actual interest, instead of tweeting, they will show support for the company with finance and favorable rates-we shall see!!
There is always a possibility that nothing will come out of this, it is better to always stay neutral, particularly with this Guy.
That is it, I agree there...zigzag is the right word, AKA dangling carrot, it is not working anymore, people got it and this technique will not help anything.
None of this is happening at all IMO, MMs have been fishing or better yet, begging, for buyers and no one gives a crap. There is certainly no one preventing the buyers to hit the ask. People just think it is overpriced as it stands now. These are facts!!!
MMS are the excuse for a failing PPS in general..
This thing moves with momentum and then dumped, like a clock work....matter of time for next cycle
Imagine all the stock bought at current prices over the several past weeks will be dumped at 50% or 100% (0.06-.08), or 0.1 with some hype, good luck to maintain after this....A trading stock IMO, nothing more for now...
Ask in the 3ss, where are the ask hitters since the future is sooooo amazing?, where are the believers to hit the ask hard?!!!!!!!!waiting for the subpennies as stated before??
How are the MMS doing today?, which ones are holding us back this time?
It is actually interesting to keep expanding before even watching the revenues, time will tell how aggressive he was. All calculations were based on previous experience, and the sold stores are still around with their customers...
While the bullish talk has been on for months, the PPS has been on a constant decline. This stock, after experience, is good to ride it with the momentum, and get out before the sell off IMO. It has nothing to do with long term at all IMO. It is just this time, the momo is a bit late, it will come and go and it will be noticed!
Last year, it was told that this year is the year to watch, now, next year will be the year, LOL. Praying that better finance comes in to start a short run..