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bottom for MNKD? any guestimations?
$3 needs to hold. next emotional support level
SHORT-ing MNKD. play of the day
June has been put off until this Fall with Washington. Straight from the horses mouth. Pm me if you want clarification on that bit of known info... That MJ retails don't seem to know. Florida and Las Vegas are next.. Not those others you mentioned.. And I would guess summer of 2015 based on the delays that becoming modis operandi for legislators in each state.
On a separate note
Just look at what's happening in Ukraine every few hours at moment. Nothing will hold next week in markets if Russia starts to take Ukraine. Flash crash was already on the cards... World uncertainty will force it.
Too late to do anything about if preverbal crap hits the fan.
Jittery investors just looking for a further excuse to pull their investments and #1 Protect your capital... As they say.
MJ is a great investment in the multi year term... About to hit some stumbles though. Both internally and externally.
IMO
Biggest Risk to all Stocks is the market . imo
we still haven't see the worst day of trading on the markets in 2014 yet. imo
I don't have a crystal ball and can't guess which week that's going to come. but I've lost a lot of confidence lately in medium/long holding.
went to 45% cash on Friday.. wish I'd gone 70%
http://www.marketwatch.com/story/this-stock-market-needs-a-correction-2014-04-10
Protect capital. #1 rule in investing.
news isn't stacking up great one day into the weekend. Russia Kicks off and expect a bad day at the races.
Then again. I could be completely WRONG! :)
I still want a LONG position in FSPM. Did some DD on Friday that gave me a lot of confidence in the company. Hope to get my price next trading session...
Very credible that words Peru, FedEx and lawyers are used... I find all the rest very incredible. Checking my brokerage on Monday to see if I can take a short position here.
This should be at less than a penny... Not .038. IMO
Are there short shares available for MDMN?
Hold on for EOD. whole market picking up steam on the DS.
Monday could be rough.. but I firmly believe FSPM is under priced here.
GLTA
Kick, we could easily get another chance to get back at less than our sell. knee jerking will only make things worse ( usually )
People will not like it one bit if Financials around out by this time next week.
time will tell and good luck to all.
yep me too Kick. bad call.
I wouldn't say MMs. I imagine many were panicking on general market sentiment.
I'm not chasing this price, but have a bunch of dry powder for any EOD drop or drop at the beginning of next week.
if it doesn't happen. so be it
sounds about right. I can only say what I was told.
I was told as a customers looking to bought around $50K worth of product. they just said "hey look, this is what we are seeing and to be honest you should expect the same in Alaska"
just noticed my previous post has been removed. Fine, no big deal.. but for what? speaking the truth. lol
good luck to you guys. wish all the best.
Don't think so. won't do much until Q3 projects are pre-announced within next couple months latest..
will recover very nicely by the end of the year and double+ from here.
Yes. but Washington just got pushed back to the Fall from this Summer. and speaking to a leading supplier in the MJ field this a.m. I was told that each State is pushing back at least once or twice on each call for ballot. each push back is around 6 months
Florida and Las Vegas will be the next 2 to approve.. but that is not even this year.
all that has to happen is for the conservative Right at some point to dig their heels in and this run will grind to a bit of a halt.
IMO
in the meantime, valuations cannot keep up with expectations
yep. Dittman is a dud. But he's the sole Director. 4 years as a business consultant at Authur Andersen in SF advising small companies.
Huh. he knows the deal.. is a professional accountant/finance guy and misses Financials as a PLC? c'mon. HUGE red flag.
I only sold at 3.18 as I thought it would drop another $ as I think we will lose support here. For your sake I truly hope it doesn't.
SHORTS could walk this down... so easy from here..
Not much to go on though and I suspect actual sales in the bank will be lower than expected when numbers to hit. But that's just a guess based on the pictures and calculating how many PODs they can get through and out those doors on a weekly basis...
GLTA.
The markets are not looking good and we 'may' have a day coming that will make some of the bad days over the past couple weeks look like a childs game. JMO
OK. Kick. I'm out too.
Lost $600 but made $680 the other day on a FSPM trade. ...trying to make myself feel better.
reason I'm out:
1: I didn't like those pictures. when I look at the size of their ops can't see them doing the numbers that people are expecting. I believe their numbers will be dissapointing.
2: Can't ever get a hold of these guys when you try to call. When I was starting my business 10 years ago.. I made sure the phones were answered by the 3rd Ring and professionally!
3. Scott Dittman is a Finance + Accounting graduate with 4 years at Author Andersen (Advising Small Businesses was his focus) and he misses Financials? HUH? really.
4. MJ Stocks are going to get hammered big time over the next couple weeks. IMO
5. Markets in general stand a greater chance of tanking then recovering.
good luck to all.
I'm not holding FSPM over-night.. again!
oh yeah been trying to sell for 15 minutes.. finally went with a market order which took 3 minutes! geez.. not many buyers around
think lot of Posts are Shorts.
these calls. OUT this POS etc.
I don't believe them at this moment
Threw life savings at this? really.
I truly wish you the best of luck on your dreams of 2x, 3x quick returns.
But... that is super risky in ANY position and goes against every trading philosophy which has ever made it to print.
Be Careful. Very Careful. Nothing is worth that type of risk and Ihub + YMB is littered with folks who have lost 80% of their life savings on similar amateur hour moves.
Not meaning to insult, but just let you know it's a very low % win investing strategy. When you add in "PINK SHEET" to the equation.
Holy crap, is all I can say.
good luck!
Disclosure: I am currently Long as of yesterday at $5.55
At 5% of my portfolio
Boom! sign of things to come IMO
Trader: I was thinking MCIG far more at risk then FSPM for SEC scrutiny. their SP marketing ( even on their product ) as well as loads of claims on twitter and social media I would think to get more SEC attention than Fusion.
It might have been a mistake, but I got out of MCIG on the bounce today for this reason.
I don't see FSPM at as much risk for immediate scrutiny by the SEC.. but that will change if they miss financial reporting.
I would like to hear from someone who's actually been on site. Met with the company etc. It really surprises me that not one person on here has.. Then again maybe no one has $100,000+ invested which imo would warrant this type of DD...
The claims of turnover for a "new business" don't really impress me.
my business turned over around $3.5M last year. I'm not PLC, wouldn't want to be... but. I know what goes through your mind when you start turning over $1M, $2M The challenges to your business infrastructure etc. YOU GET ON THE BALL. You Hire good people. If you don't then easy come, easy go. imo
good support in the $3.50s
good luck to All.
hopefully tomorrow is a Weeeeeee day
didn't mean to open a can of worms nor imply anything untoward.
I was just curious if anyone had been to see them.
I'm looking at investing in a growing operation in Alaska "if" the vote is favourable in August.
It's on the Alaska ballot in August.
I was at my friends place 2 weeks ago in AK talking about the business we hope to start up. One of the requirements I had on the investment was a secure growing facility, so I suggested that we look into Fusion Pharm Pods.
I'm going to try and get a friend to go to their offices on a customer call. ( unfortunately, I'm in Europe at the moment )
1. to get a firm grip on costs including shipping, hopefully some pamphlets, info etc.
2. Also just to get a feel for the operation.
I figure based on this, I could take out some of that "paranoia" mentioned with regards to making a big investment in the SP
:)
GLTA
Anyone from this board actually gone down to their listed address in Denver and checked out what's going on?
Checked out that it's super busy and going according to plan as the PRs elude to?
Got a hold of the trucking company that does their shipping to check on traffic / activity?
I suspect all the answers to the above are NO.
but would like to be presently surprised to hear otherwise.
I reached out to someone I know in Denver to see if they'd go check it out, but not sure they have the time or desire.....
I actually only say all this now as I'm thinking of holding Long Now.
How crazy is that?
almost sold my 3.55s at 3.80 and just couldn't get myself to do it.
half of me says there could be another down day that drops .50+ but then I look at it historically and think that's a pretty decent entry. in case we run, baby run, again.
such a tough one. reading through PRs shows that we are being so speculative on this stock. Actual orders could be a fraction of what many are thinking "are in the bank"...
like that Canadian PR.. they only shipped 10% of what they claim they will. "opening a office in Canada" etc... ALL forward thinking marketing with zero substance to back up.
Sure they say they are doubling the Factory/Warehous.. has this been verified by anyone?
geez... starting to talk myself out to this "hold" now.
LOL
$4.00+ by EOD?
lunch hour could bring some bargain hunters online.
glta
just Add a RED Flag ;) how many we up to? lol
I'm still sitting on my Ferrari 3.55s I picked up and hoping the mechanic can get it back on the track soon.
What's the deal with this partnership?? how far in bed were FSPM and PHOT
this event certainly explains why aren't seen the normal bounce back up. IT's going to take a solid clarification of status of affairs to do that. imo
I'm trying to look it up, but tracking about 7 open trading positions at some time...
any brief synopsis appreciated
* I did say yesterday that FSPM was about the riskiest position in my watch list... geez. I wasn't kidding
got few K $3.55s Happy with that for the moment. watching closely.
Looks like the current support sort of level. Barring any more crappy news..
although looks like it wants to drop another .30+ before it runs...
hmmmm
Falling Knives.......................
In $3.55...
HALTs. new risk for MJ stocks......
I got out $4.54 from $4.41 yesteday.. phew close call
in other words.. more downward pressure over the next week as most expecting results within days...
When people are saying Buy! Buy! Buy!
I tend to get nervous. just saying...
let's call that Red Flag number 1 on my new LONG position.
In $4.41 ... wasn't my PT but with the Fed minutes going good was feeling a bit fast & loose
I was long a few times for 5K and 10K shares when it was trading in the $1 - $5 range.
Sure, I wish I'd have stayed long up to $9.
But since we broke into highly speculative territory I've only day traded it. seems anything could happen here, and why take the risk?
I was hoping for a sharp pull-back at which time I was going to buy back in for a gamble on earnings ( for what it's worth, I think we miss Friday/Tuesday )
time will tell and good luck to all!
really Counthunkula... lucky for you it looks like you are new to investing in pink sheets.
most investors get burned a few times before they realize that...
Fake companies Advertise.
Fake companies have had Deloitte Audit their books ( when they have the banks in cahoots, that will falsify deposits (CCME) ).
Fake companies get Analysts in their back pockets who write price upgrades.
the list goes on and on...
I've seen a lot in 20 years. I've learned to look for Red Flags.
There aren't tons here, but there are a few.
I don't think FSPM is fake and am not saying it is. at all.
yep Static.. people seem delusional when it comes to current trend hot areas. The latest being MJ stocks.
I could give about 5 examples on Fusion and started to.. but will just leave the most recent.
1. FSPM Stock swung 25% the other day $4.90 to $3.70 on no news or fundamental change (NO BIG DEAL). Huh? no big deal. I SAY it's been doing this over and over again or too long. Huge RED FLAG that no-one knows a value. a HUGE Risk.
ANYWAY. anything more then a very short term investment in FSPM is a massive risk and a shooting in the dark, Blind call.
Nothing is really known about this company or the management, their finances etc.
It's the riskiest of the risky on my watch list.
AND. AND. My biggest Profit over the past 4 months.
I Love it. BUT don't trust it.
I only trust it when it drops a $1 - $2 as I know day traders get a hold of it and run it back up ( with the help of retails )
having said this, it's only a matter of time before I catch a falling knife. I'm afraid
no volume.. but at least no sellers showing up either
Heavy ERBB Shorting going on. either they get squeezed or they are right, as per high % of time when they are in masse and Longs will cringe. only time will tell
I have no position in ERBB, just got an alert so thought I'd share
beauty intra-day chart today!
Realistically, when will next Financials be released?
Seeking Alpha Article out on ADMP today.
independent of this mornings 300K share action. Big things on the short horizon IMO
http://seekingalpha.com/article/2131233-adamis-pharmaceuticals-still-no-love-after-uplisting-to-nasdaq
did like this when it was Sunncomm.. don't like it now that's it's Transbyte. even the name is worse
added for the sake of it in the .029s.. got out at .06
can't see why other then pure hype this won't drop another couple cents.
glta.
That opportunity might come sooner than expected Stockseeker