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An RS is the only thing that can save this stock imo as I stated a few weeks back. Nothing is going to increase pps without one even though they stated against it. It's seems inevitable at this point and probable sooner than later. Unless this CD is being used for issues related to rebranding and possibly acquisitions then it may have a chance without RS. I have seen so many otc stocks follow this path. The other thing they haven't seem to do is release bs press releases for the sake of doing so. The ones they do release seem to have merit to them but they are very future driven.
I was off.73 million shares traded in last 15 minutes.All sales. Something is happening and I figure more CD in my opinion. But will wait and see.
Big sale at end of day 30 million shares. Smh
Thank you for the info. I throw out my analysis so others may do the same. You have presented a good info nugget saying they went from infomercial company to movie to marijuana. That's good DD in a concise sentence. Maybe they will find there true niche with there rebrand. I am not holding my breath.
Many buys not many sells so far. I am sure that will change near end of day, but would be nice to start some positive momentum and a multi day run.
They have one thing working right now and that is the hydroponics business. Everything else they are doing it seems is for the future. They have not wavered on that stance they are doing that or doing that to lay the groundwork for the eventual day when federal prohibition ends. They have drAwn that distinction and seem to be sticking to it.
It needs to break .0004
Management can't be touched due to share structure in place. Imo this stock will die a slow death until it hits bottom and languish there until such time as there end game objective is realized and their main focus for their business model is put into play. If positive news comes out followed by effective results then this can move but with continued dilution there is little or no reason for stock to move.
The retail volume comes from a well orchestrated marketing campaign imo
So far the positives that are currently happening are the upcoming rebranding. This is a complete unknown at this point. The impact of said rebranding is also unknown. The other positive is the hydroponic business. The unknown impacts are what impact the new highers will have on the business moving forward. Then there is: ???? Other potential unknown business ventures that may or may not be in the pipeline.
The known negative is the ongoing toxic debt issue that seems to be beating down the share price on a daily basis. The other negative is management being quiet about all issues and not addressing the fall in pps.
Lower lows with little incentive for higher ops. Smh
Agreed. Execution seems to be an issue. The lack of transparency makes things that much more difficult. It's a guessing game. They have rebranded in the past with mixed results it seems as far as stock price. The stock does bounce back based on historical performance, but not with the levels of shares that the company currently has. Time is not on their side. The rebrand will only be half the battle. It will take effective implementation and results driven to be successful imo. If it is another ploy to lay the ground work for future marijuana legalization at some point in the future on a federal level which has been something they repeat like a broken record, I think this ship is sunk imo. There are other companies that are working in the space right now and not waiting for federal repeal. This company is doing so but in a very limited fashion.They should be doing more to drive revenues or they very well may not live to see the day of federal repeal.
A bunch of buying so far and not much selling. Hope the volume keeps up. 12+ million shares in first hour of trading.
Are there any old timers as far as long term holders? How has this stock reacted pre CS?
Looks like the stock is being shorted? Is that even possible?
It looks like bad decisions were made with this company. That is not something that can be tolerated. It causes desperation. I think this company is waiting for it to die. It will re emerge with a tent and once a RS is done or a cancelling of current shares are done. Imo
Imo no boom going to happen unless positive news drops.
How do you figure that? Going to have to take many believers at this level to have any meaningful push in a positive direction.
I think there are some stock flippers around. Quick money.
Has anyone tried to contact others at the company for comment through email, Twitter or Facebook?
Bashers are bashing...
11.5 million shares traded and only 30 minutes into trading day. Setting up for huge volume today.
Rebound today after yesterday's drop?
Down 42% on the day. Yuck. Penny land looks like a million dollars at this point. So sad. Flippers may be able to make money from this one. It seems stock price momentum has changed to this type of strategy. It definitely doesn't have much positive price momentum.
Why are there periodically very low share trades posted? I can understand 10000, 1 million, etc. But I have sometimes like 5 shares or 10 shares. I think there was even a 2 share trade recently. Are these mistakes? Is there a explanation for the low number especially trades in single digits.
How many are here because of hearing about it directly or indirectly because of CS? They had stuff going on before here and investors come and go but wonder how many became aware of company at the time or after CS entered the picture.
The same was said by her with RFMK and where are they now? Hmmm. But you do see CS out doing her thing. She is very visible.
Has anyone attempted to contact others within the company for comment? That is probably not the best way but worth a try since no one else will respond. At least CS was good at responding . She was ever present 24/7.
Your last line stated it all. Be a real company. You raised some good points on what they could be doing.
My apologies my phone likes to change words. My previous post: has anyone attempted to trade the spread as a day trading strategy with any success?
I wonder if you could trade the spread as a attendees? Has anyone attempted this strategy?
Investing now is dead money because no driving force. No nothing. CS brought attention and excitement to stock. This brought investors attention to the stock. Now that is gone and nothing is left to lift the stock. The news that is released puts a downward pressure on stocks. The negative has far outweighed the positive.
.0001 is where I think this is headed. Not sure on the time table, but there is lack of catalyst to push north. The push downward is much more evident. The push to the lowest pps could serve as a double whammy to draw new investors in when and if rebrand hits and maybe coupled with a pump, that could catapult the stock north from its low levels until such time results are available from the rebrand.
I'll be watching what affect the 10 million buy at end of yesterday has. Curious as to why. Something good happening? Someone know something? Will be on watch.
10 million share buy after closing?
They don't need an update, they need results.
That's what I have seen and when they have done this it's been in a different industry from the one before. I wonder if they will stay in the emerging industry that they are in now or go in a completely different direction. There has been no indication of the direction of the debt and or if it will even remain in the same industry as they are now.
Any evidence of company failures or not following through on things from past recent business?
I am considering purchasing to average down but am holding off to hope to catch bottom. I have a bad feeling as well something tricky is going to happen that will torpedo share price or cut number of shares. I am therefore waiting I guess for some info to give me a sense of direction this stock is headed.
Imo its going lower.