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What I believe is happening...this is just my opinion based on observations and experience and will be a loooooong winded post!
Initially when MJTK took off, what I believe fueled the intense move was a combination of fantastic exposure from Sleek's recommendation and short positions having to get covered as the price ran away from the market makers.
To understand this, I need to explain how shorting works with a simpler explanation. Imagine your friend has a pair of cool sunglasses and you borrow them. Then someone else sees you wearing these borrowed sunglasses and asks to buy them from you for $50. You sell them, search hard and find the same pair at a store for $45 and pocket the extra $5. Then your friend asks for the sunglasses back and you return the new pair you just bought. You've just made $5. That was a successful "short position" trade. However, imagine the same scenario, but when you sell the sunglasses for $50, the very next hour Kim Kardashian is seen wearing these sunglasses. Now when you go out to find the same pair of sunglasses, you have to pay a lot more than $50 because all the stores are charging more for this new hot item. Plus, there's no guarantee they will even be in stock because suddenly everyone is rushing to buy these hot sunglasses. Now your friend asks for them back and you're forced to pay a much higher price so you can return the sunglasses to your friend. Finally you have to pay $75 for the same pair of sunglasses that you sold for $50 and you're down $25.
Now filling in with shares of stock instead of sunglasses....
Take the above scenario and substitute shares of stock, multiplied by millions of times over and this is what happened to push MJTK stock price higher as market makers pushed their way in line, competing with retail traders doing the same thing, to buy whatever shares they could, no matter what the cost.
They've ended up down a ton of money as they chased to cover, and now they're trying to duplicate this same process, by continually borrowing from others, selling them, and then trying to buy the exact replacement for less money, until they've pocketed enough to recover their losses and built up an inventory of shares again. Perhaps their losses are in the hundreds of thousands of dollars and their still short millions of shares. Each time they succeed in recovering some of their losses, they're only making $200 here, $500 there, etc. etc. etc. It could take a long time to get back to even, in addition to replenishing their supply of shares. So market makers keep borrowing, and borrowing...all while pushing the price down to try and recover losses little by little, and replenish inventory of shares.
For example, they're selling 1 million borrowed shares of MJTK at .007, then working to buy them back at .0068 to pocket the difference. In this case, they've made $200. They keep putting borrowed shares up for sale, buyers grab them because they think they're a bargain. Meanwhile, the market markets will just put up another 1 million borrowed shares at .0069 and work to buy them back at .0067. Repeat this process over and over. Throughout this entire process (that they're successfully doing), retail traders panic and dump their shares into the bids, which are actually the market makers covering their short position. This is why you see a lot of shares being absorbed at the bid price.
This is the current scenario MJTK is trading in. Market makers have to replenish their inventory and recover any losses they had from when the stock first took off. And it's working because a lot of traders are selling their positions, rather holding tight and making it harder for the market makers to replenish their inventory and recover losses.
The hope going forward is that retailers are buying and holding some of the shares that are getting dumped, and doing so in larger rations than the market makers are, making it ever more difficult to squeeze any shares out. When this finally comes to an epic standstill, this is when the float is held tightly enough, or market makers have replenished enough inventory and recovered enough losses, that the stock price can move back up.
When the standstill occurs:
A - If the stock price moves up quickly like it originally did, then we have a float lock and market makers will be sent into a frenzy again, rushing to buy at whatever prices they can to cover short positions they've created for themselves, as they worked to try and recoup losses and replenish inventory.
B - If the stock price moves in a more organized and orderly fashion, then the market makers have successfully replenished inventory and recovered losses from the initial boom.
Either way, something has to give eventually and there is time since this is a 4/20 dated stock. No one knows how long this current scenario will play out, but in the coming days and weeks, there will definitely be catalysts (MJTK didn't go through all of this balancing of their books and dilutive activity all for nothing, you can bet there will be some big time news that the company will issue about Citizen Toek, etc.) that will drive the stock price higher, either in a slow and steady fashion, or another fast and furious rip as explained in A and B above.
The numbers I used above are purely for the purposes of an example and don't necessarily reflect exact values and price actions.
Do you have the patience to see this play out? Or will you get impatient and sell your position? If you sell your position, I wouldn't recommend looking back at a later date to see how it played out, because I still believe MJTK will make a big move to the upside, and one will kick themselves for not holding.
Go MJTK
Rec
Perfectly stated KoMPLeX! Some will understand this, some won't. Those who do, stand to gain the most :)
Go MJTK
Rec
Lol, a stock can't fall 250%...may I suggest a repeat of Math 9?
To further expand on what's happening...this is just my opinion based on observations and experience and will be a loooooong winded post!
Initially when MJTK took off, what I believe fueled the intense move was a combination of fantastic exposure from Sleek's recommendation and short positions having to get covered as the price ran away from the market makers.
To understand this, I need to explain how shorting works with a simpler explanation. Imagine your friend has a pair of cool sunglasses and you borrow them. Then someone else sees you wearing these borrowed sunglasses and asks to buy them from you for $50. You sell them, search hard and find the same pair at a store for $45 and pocket the extra $5. Then your friend asks for the sunglasses back and you return the new pair you just bought. You've just made $5. That was a successful "short position" trade. However, imagine the same scenario, but when you sell the sunglasses for $50, the very next hour Kim Kardashian is seen wearing these sunglasses. Now when you go out to find the same pair of sunglasses, you have to pay a lot more than $50 because all the stores are charging more for this new hot item. Plus, there's no guarantee they will even be in stock because suddenly everyone is rushing to buy these hot sunglasses. Now your friend asks for them back and you're forced to pay a much higher price so you can return the sunglasses to your friend. Finally you have to pay $75 for the same pair of sunglasses that you sold for $50 and you're down $25.
Now filling in with shares of stock instead of sunglasses....
Take the above scenario and substitute shares of stock, multiplied by millions of times over and this is what happened to push MJTK stock price higher as market makers pushed their way in line, competing with retail traders doing the same thing, to buy whatever shares they could, no matter what the cost.
They've ended up down a ton of money as they chased to cover, and now they're trying to duplicate this same process, by continually borrowing from others, selling them, and then trying to buy the exact replacement for less money, until they've pocketed enough to recover their losses and built up an inventory of shares again. Perhaps their losses are in the hundreds of thousands of dollars and their still short millions of shares. Each time they succeed in recovering some of their losses, they're only making $200 here, $500 there, etc. etc. etc. It could take a long time to get back to even, in addition to replenishing their supply of shares. So market makers keep borrowing, and borrowing...all while pushing the price down to try and recover losses little by little, and replenish inventory of shares.
For example, they're selling 1 million borrowed shares of MJTK at .007, then working to buy them back at .0068 to pocket the difference. In this case, they've made $200. They keep putting borrowed shares up for sale, buyers grab them because they think they're a bargain. Meanwhile, the market markets will just put up another 1 million borrowed shares at .0069 and work to buy them back at .0067. Repeat this process over and over. Throughout this entire process (that they're successfully doing), retail traders panic and dump their shares into the bids, which are actually the market makers covering their short position. This is why you see a lot of shares being absorbed at the bid price.
This is the current scenario MJTK is trading in. Market makers have to replenish their inventory and recover any losses they had from when the stock first took off. And it's working because a lot of traders are selling their positions, rather holding tight and making it harder for the market makers to replenish their inventory and recover losses.
The hope going forward is that retailers are buying and holding some of the shares that are getting dumped, and doing so in larger rations than the market makers are, making it ever more difficult to squeeze any shares out. When this finally comes to an epic standstill, this is when the float is held tightly enough, or market makers have replenished enough inventory and recovered enough losses, that the stock price can move back up.
When the standstill occurs:
A - If the stock price moves up quickly like it originally did, then we have a float lock and market makers will be sent into a frenzy again, rushing to buy at whatever prices they can to cover short positions they've created for themselves, as they worked to try and recoup losses and replenish inventory.
B - If the stock price moves in a more organized and orderly fashion, then the market makers have successfully replenished inventory and recovered losses from the initial boom.
Either way, something has to give eventually and there is time since this is a 4/20 dated stock. No one knows how long this current scenario will play out, but in the coming days and weeks, there will definitely be catalysts (MJTK didn't go through all of this balancing of their books and dilutive activity all for nothing, you can bet there will be some big time news that the company will issue about Citizen Toek, etc.) that will drive the stock price higher, either in a slow and steady fashion, or another fast and furious rip as explained in A and B above.
The numbers I used above are purely for the purposes of an example and don't necessarily reflect exact values and price actions.
Do you have the patience to see this play out? Or will you get impatient and sell your position? If you sell your position, I wouldn't recommend looking back at a later date to see how it played out, because I still believe MJTK will make a big move to the upside, and one will kick themselves for not holding.
Go MJTK
Rec
Why would someone dump to the bid at .0121 when .015's hitting and .024 on the ask?
Or is it NITE manipulating in hopes of trying to pick up some shares?
One thing is certain, this trades thin and it won't take much (as we've already seen) to move this up in a big way.
Go MLMN
Rec
.015 x .025 now! This is sooo thin. Could get very exciting here when we hear and learn more about why the company updated their filings with the Secretary of State.
Go MLMN
Rec
Opportunity to grab .015's today, which is cheap based on what I believe to be coming from the recent SOS filing.
This trades thin, so when this wakes up, .015's will be long gone! Just the other day, 1400 shares moved this 66%!
Grab those .015's for a starter.
Go MLMN
Rec
I'm not pleased with this either, especially after the company stated in press, that they were finished issuing shares to raise funds and balance their books. Additionally, they stated they wouldn't need to raise further funds in a dilutive manner.
With that said, I want to know what this most recent batch of shares were issued for?
The optimist in me wants to believe more news is on the way that addresses this share share issuance.
Time will tell. For now, I remain positioned for a longer outlook.
Rec
Added on a partial fill today. Hopeful to get the remainder of that order filled.
Expecting to see multiples on this investment, not overnight, but over the course of the next few months.
Go MJTK
Rec
With what appears to be an end to dilution based on recent press, here is an outlook on the current channel we're trading in.
I attribute the indecision and channel trading we're in to the initial exploding in PPS a few weeks ago when MJTK was deemed to have the quality of a Salami stock. MJTK got away from the market makers in a very short time frame of a few days.
When you see this kind of explosive move, often times the market needs a correction. ALL market makers were sent into a frenzy (retail and dilutive) and now they ALL work to regain order as they replenish and balance their supply. Yes, ALL of them, including the non-dilutive ones.
There are still some flippers, but in large, I believe this is ALL market makers working to regain control while they replenish their inventory.
The longer we're in this channel, the more bullish the outlook should be because it tells you that more and more investors are accumulating and HOLDING their positions, making it harder and harder for market makers to replenish their supplies in order to create an orderly market. The longer this plays out, the better. As many have pointed out, there is a bullish flag formation on the chart. Google bullish flag formations on charts to understand why that is generally a bullish signal.
I don't think whales are looming and waiting, whales are accumulating and locking up the float.
Eventually market makers will not be able to gain full control because the majority of the float (by way of the process I'm trying to explain) is being held too tightly.
Circling back, the longer this channel trading plays out, means the tighter held the float is. It's playing out this way (several days of channel trading) because the market makers are having trouble accumulating what they want before THEY try to move it up.
But the thing is, I don't believe the
market makers will be the ones to move this up, it's the combination of whales and retail locking the float, then pushing this higher, that will move this up.
When the float is held tightly enough, we will know, because smaller blocks of shares purchased will have a stronger impact on the movement in share price. And buyers of all positions will likely buy at the ask to push this higher, even if their average goes up, because the smaller buys at higher prices have a much more meaningful impact on their core position than the cost of a higher buy in price.
These are just my observations for what it's worth. This time I believe I am more on target than not...
I believe patience will reward those who stick around.
Good luck MJTK'rs
Rec
Good morning Sleek and MJTK'rs :)
Great news for PhytoBites! Revenues are established, steady, and growing.
"Since our product launch of Phyto-Bites© in August 2016, pet owners utilizing the soft chews have reordered up to 6 times creating a solid customer base and recurring revenue stream."
Go EDXC
Rec
Thanks for this great summation!
And as you pointed out, L2 and recent trading suggests a tiny float. So when MLMN wakes up, it'll likely wake up in a big way!
The pieces look to be coming together, or at least the foundation. Ground floor opportunity here!
Go MLMN
Rec
It's certainly telling of the sectors wealth prospects if the biggest and richest company in the world (Apple) is preparing for entry. I mean Apple wouldn't think of entering a new business segment if the potential for profits were not in line with general expectations for a company of its size.
This is definitely a bullish discovery/unveiling!!
We're in ever changing and exciting times when it comes to the cannabis sector!! And this is where I choose to place my money for potentially explosive growth!!
Rec
Wow, if a huge brand company like Apple enters the cannabis sector with a fashionable vaporizer...talk about the sector going mainstream!!
Would love to see this come to fruition :)
Rec
VATE - expecting additional 500 million shares to be retired based on press.
Nice overall summation Groove!
The float could be locked up in a heartbeat with the right exposure.
Go VATE
Rec
Heck of a move today! Bid and ask tightened too, which will make it easier to move up.
The larger the spread, the less willing and likely investors are to slap the ask. Meaning, it's more likely someone will slap the ask on a spread of .012 x .02 than a spread of .012 x .05.
Can't wait to see what happens when we see some actual volume!
Go MLMN
Rec
May I join you?
Today's news was great, and as some speculated with various degrees of erroneous timing, it does now appear that toxic funding is basically done.
Moving forward, we have confirmation from the company that their balance sheet is in a much healthier state which will allow them to make significant progress in their efforts to continue building out the business!
In a very short period of time that can take months to play out in other stocks, we saw a lot of scenarios played out. This was awesome for anyone who wants to continue gaining insight from investment experiences.
So based on this experience, when we deal with some of the same behavior on this next leg, consider from the first few legs what not and ought to do.
As Sleek said, sit back and relax as we work through the next leg.
Go MJTK
Rec
Solid day for EDXC with press issued.
Mad Hatter CBD Teas in production.
Go EDXC
Rec
Wow, practically no shares available with a spread like this. Only thing that can mean is a tightly held, tiny float!!
Go MLMN
Rec
There you have it. 8's it is...accumulating ahead of the uplisting is not such a bad idea for anyone looking to get in.
Combined with recent press and brand exposure gradually increasing, EDXC is looking like quite the beauty!
Go EDXC
Rec
This still trades very thin. Good thing is, this could go right back up very quickly and easily. Bad thing is, what we just saw...a seller exiting a position with one big bid dump.
Go VATE
Rec
Another 10K shares taken out and L2 is incredibly thin!
MLMN waking up on practically zero volume. When this goes, it may be massive!
Updates must be coming with the recent SOS filing in FL.
Go MLMN
Rec
Amazing news that certainly solidifies the $7.5 million Foodraiser deal in Ohio!
The treck to much higher ground is well on course!
Go GRNH
Rec
Agreed, this news solidifies the $7.5 million deal with Foodraiser last fall and allows GRNH to have local oversight and management.
What you state makes logical sense :)
Go GRNH
Rec
The news today is solid, and Biodynamics LLC looks like an absolutely solid business with reputable partners and exposure.
I'd love to see a nice market response today!
Go GRNH
Rec
Great news! Our long term vision for EDXC is finally coming together on all fronts! And this time we're actually seeing execution.
Go EDXC
Rec
GRNH January 25, 2017 Merger News
Greengro Technologies, Inc. Merges with Biodynamics LLC to Build New Industry Leader in Controlled Environment Agriculture (CEA) Urban Farming Market
By GreenGro | News, Press Releases | No Comments
ANAHEIM, CA (Marketwire – January 25, 2017) – Greengro Technologies, Inc. (OTC: GRNH), a world-class provider of eco-friendly green technologies, announced today that it is completing the acquisition of a 55 percent majority interest in Biodynamics LLC, an Akron, Ohio-based leader in controlled environmental agriculture (CEA), renewable energy and consumer hydroponics.
The merger brings together two top CEA-industry companies that now together offer a range of leading-edge turnkey systems, from small grow rooms to state-of-the-art, off-grid, commercial-scale vertical farms that produce organic fruits, vegetables and herbs, year-round in any climate.
Greengro Technologies is a national leader in both indoor and outdoor franchise aquaponic and hydroponic greenhouse systems and grow rooms.
Biodynamics provides high-tech, hydroponic vertical farms as one of the U.S. market’s premier indoor CEA systems providers of “smart CEA produce factories.”
Together, Greengro and Biodynamics will gain increased market share. As a result of the merger, Biodynamics CEO Timothy Madden becomes the new chief operating officer (COO) of GreenGro Technologies. Madden will be managing a ten-acre, $25 million Greengro hydroponic indoor farm project with Global Renewable Resources, LLC, Shaker Heights, Ohio, along with other Greengro mergers and acquisitions currently in progress.
“By combining Greengro’s business operations with Biodynamics’ superior indoor vertical farming technology, Greengro will be able to offer one of the highest producing and most energy-efficient turnkey systems on the market, at a competitive price,” stated Greengro CEO James Haas. “Our research shows that Biodynamics’ ‘smart’ vertical farming technology is arguably among the world’s best, and we expect to make strong inroads into new markets as a result of this deal.”
Said Madden: “Greengro Technologies, a progressive innovator in the field of CEA, can now offer Biodynamics’ fully automated, turnkey, off-grid hydroponic vertical farms to a rapidly expanding customer base of companies entering the indoor farming arena. I believe the industry opportunities in early 2017 are enormous, and we are well positioned in the market to capitalize on the opportunities.”
Greengro has also completed business planning for the $7.5 million BP Gardens Glass Greenhouse Franchise agreed to last October with FoodRaiser Corporation, Dublin, Ohio, a noted trailblazer in health conscious fundraising. FoodRaiser provides schools, clubs, teams, bands, nonprofits, churches and numerous other organizations with organic product based fundraising opportunities. Several potential locations for the facility have been identified in the greater Columbus, Ohio, area. The project is expected to break ground upon the completion of the capital raise later this year, according to Haas.
About GreenGro Technologies
Greengro Technologies is a national leader in both indoor and outdoor aquaponic and hydroponic systems and grow rooms, with specific domain expertise in agricultural science systems serving both the consumer and commercial farming markets. The company’s customers include restaurants, community gardens, and small- and large-scale commercial clients. For more up to date info like our Facebook page at https://www.facebook.com/GreengroTechnologiesInc?ref=hl
About Biodynamics LLC
Biodynamics LLC, Akron, Ohio, is an industry leader in Controlled Environment Agriculture (CEA), specifically commercial hydroponic vertical farms that use precision environmental control to protect crops from environmental elements and enable year-round production of high quality, locally grown produce. Biodynamics focuses on offering turnkey, fully automated, off-grid, state-of-the-art, high-tech hydroponic vertical farms as one of the market’s premier indoor CEA systems providers. The company’s target market of customers includes businesses and institutions in the field of produce production and distribution. Secondary markets include corporate R&D laboratories and university agricultural schools. Biodynamics is headquartered at 526 S. Main St., Akron, Ohio 44311. (P) 330-920-6040 (I) www.biodynamicscea.com; (Email) info@biodynamicscea.com
This is Biodynamics website:
http://biodynamicshydroponics.com/index.php?main_page=index
Over 3,000 products for sale by this company, which GRNH now owns 55%
Added revenues look very promising from this merger!
Go GRNH
Rec
GRNH January 25, 2017 Merger News
Greengro Technologies, Inc. Merges with Biodynamics LLC to Build New Industry Leader in Controlled Environment Agriculture (CEA) Urban Farming Market
By GreenGro | News, Press Releases | No Comments
ANAHEIM, CA (Marketwire – January 25, 2017) – Greengro Technologies, Inc. (OTC: GRNH), a world-class provider of eco-friendly green technologies, announced today that it is completing the acquisition of a 55 percent majority interest in Biodynamics LLC, an Akron, Ohio-based leader in controlled environmental agriculture (CEA), renewable energy and consumer hydroponics.
The merger brings together two top CEA-industry companies that now together offer a range of leading-edge turnkey systems, from small grow rooms to state-of-the-art, off-grid, commercial-scale vertical farms that produce organic fruits, vegetables and herbs, year-round in any climate.
Greengro Technologies is a national leader in both indoor and outdoor franchise aquaponic and hydroponic greenhouse systems and grow rooms.
Biodynamics provides high-tech, hydroponic vertical farms as one of the U.S. market’s premier indoor CEA systems providers of “smart CEA produce factories.”
Together, Greengro and Biodynamics will gain increased market share. As a result of the merger, Biodynamics CEO Timothy Madden becomes the new chief operating officer (COO) of GreenGro Technologies. Madden will be managing a ten-acre, $25 million Greengro hydroponic indoor farm project with Global Renewable Resources, LLC, Shaker Heights, Ohio, along with other Greengro mergers and acquisitions currently in progress.
“By combining Greengro’s business operations with Biodynamics’ superior indoor vertical farming technology, Greengro will be able to offer one of the highest producing and most energy-efficient turnkey systems on the market, at a competitive price,” stated Greengro CEO James Haas. “Our research shows that Biodynamics’ ‘smart’ vertical farming technology is arguably among the world’s best, and we expect to make strong inroads into new markets as a result of this deal.”
Said Madden: “Greengro Technologies, a progressive innovator in the field of CEA, can now offer Biodynamics’ fully automated, turnkey, off-grid hydroponic vertical farms to a rapidly expanding customer base of companies entering the indoor farming arena. I believe the industry opportunities in early 2017 are enormous, and we are well positioned in the market to capitalize on the opportunities.”
Greengro has also completed business planning for the $7.5 million BP Gardens Glass Greenhouse Franchise agreed to last October with FoodRaiser Corporation, Dublin, Ohio, a noted trailblazer in health conscious fundraising. FoodRaiser provides schools, clubs, teams, bands, nonprofits, churches and numerous other organizations with organic product based fundraising opportunities. Several potential locations for the facility have been identified in the greater Columbus, Ohio, area. The project is expected to break ground upon the completion of the capital raise later this year, according to Haas.
About GreenGro Technologies
Greengro Technologies is a national leader in both indoor and outdoor aquaponic and hydroponic systems and grow rooms, with specific domain expertise in agricultural science systems serving both the consumer and commercial farming markets. The company’s customers include restaurants, community gardens, and small- and large-scale commercial clients. For more up to date info like our Facebook page at https://www.facebook.com/GreengroTechnologiesInc?ref=hl
About Biodynamics LLC
Biodynamics LLC, Akron, Ohio, is an industry leader in Controlled Environment Agriculture (CEA), specifically commercial hydroponic vertical farms that use precision environmental control to protect crops from environmental elements and enable year-round production of high quality, locally grown produce. Biodynamics focuses on offering turnkey, fully automated, off-grid, state-of-the-art, high-tech hydroponic vertical farms as one of the market’s premier indoor CEA systems providers. The company’s target market of customers includes businesses and institutions in the field of produce production and distribution. Secondary markets include corporate R&D laboratories and university agricultural schools. Biodynamics is headquartered at 526 S. Main St., Akron, Ohio 44311. (P) 330-920-6040 (I) www.biodynamicscea.com; (Email) info@biodynamicscea.com
MLMN trades extremely thin. Which is why now is the best time to grab what one can, because when more filings hit, and the company starts issuing any updates, even the slightest of "low" volume could trigger a massive move.
Yes I know, only 10K shares traded today, but based on how it was only 10K shares and the ask went from .015 right to .0175, that should tell anyone how thin this is.
Go MLMN
Rec
The indecision and channel trading we're in is likely due to the explosive move this had. MJTK ran away from the market makers (who are here to control the market) when it ran from .0016 - .019 in a matter of 2 1/2 days.
When you see this kind of explosive move, often times the market needs a correction. ALL market makers were sent into a frenzy (retail and dilutive) and now they ALL work to regain order as they replenish and balance their supply.
Yes there are some flippers, but in large, I believe this is ALL market makers working to regain an orderly market.
Now here's the good thing...the longer we're in this channel, the more bullish the outlook should be because it tells you that more and more investors are accumulating and HOLDING their positions, making it harder and harder for market makers to replenish their supplies in order to create an orderly market. The longer this plays out, the better, especially because we're seeing support by way of a healthy BRR or bid repopulation rate as Sleek put it.
Whales are not looming and waiting, whales are accumulating and locking up the float.
Eventually market makers will not be able to gain full control because the majority of the float (by way of the process I'm trying to explain) is being held too tightly.
Circling back, the longer this channel trading plays out, means the tighter held the float is. It's playing out this way (several days of channel trading) because the market makers are having trouble accumulating what they want before THEY try to move it up.
It's not the market makers that will move this up, it's the combination of whales and retail locking the float, then pushing this higher, that will move this up.
These are just my observations for what it's worth. And I believe I am more on target than not...
I believe patience will reward those who stick around.
Good luck MJTK'rs
Rec
Can we test .16? Here's the L2 lineup as of 8:09 PST
ETRF has 7,500 at .14
CSTI 25K at .16
NITE 5K at .18
Then it's VNDM at .98
Looks like very little in the way of moving this higher with just a hint of buying.
Go VATE
Rec
Thanks Groove! Already did that over a month ago, glad to see others taking action though!
In the meantime, most brokerages have tools built within their platforms, including charts, so check there if you haven't already.
The chart is looking solid!
Go VATE
Rec
BRR (bid repopulation rate): when translated literally, I believe what sleek is saying is despite orders dumping into the bid to clear support, new bids come in just as fast as they're taken out.
MJTK is doing just fine in my opinion. That is, if you're planning to hold for a while. This is consolidating very nicely and setting a higher base from which to move higher.
Go MJTK
Rec
Jim O'Neil (MJ advocate) as head of FDA would give the sector a great boost and allow it to gain a lot more traction with the ultimate goal of rescheduling MJ.
Rescheduling, then handing cannabis over to the FDA to regulate makes a lot of sense. And this could play out if Jim O'Neil gets the nod for head of the FDA.
Thanks for sharing this!
Go GRNH
Rec
Sure Trader - Start Trading Stocks & Options with only $500
Jim O'Neil (MJ advocate) as head of FDA would give the sector a great boost and allow it to gain a lot more traction with the ultimate goal of rescheduling MJ.
Rescheduling, then handing cannabis over to the FDA to regulate makes a lot of sense. And this could play out if Jim O'Neil gets the nod for head of the FDA.
Thanks for sharing this!
Go EDXC
Rec
MLMN Bong Spirit Vodka
Just waking up. The company just filed with the Florida SOS (Secretary of State) for reinstatement. Something is happening here and it's waking up in a big way.
Based on where it was trading in the past, and with what's developing behind the scenes based on the SOS filing, it's worth getting in at these prices, even after its move today!
MLMN
Rec