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The Elliott Wave analysis, which was done by @FutureMeDead over at twitter (a few of you are probably aware of him; if not, excellent person to follow and learn from)indicated we would bottom out on this run at .141, but the opportunity to do so may have been offset by somebody's panzer BOOMS, which would mean we've already bottomed and are headed for the next leg up. So buckle them belts!
I really doubt we see .12 again. If we did, it wouldn't mean great things for our reversal. High .13's maybe, but I think we stay in .14's until moving up. Is there something on L2 indicating shorting to you? Also, general question: Why do we worry about people selling short? It's the opposite bet that we're making, it wouldn't inherently drive the price down, would it?
I might actually be a tad worried if we see .13's, there's quite a lot of strength in the low .14's though. Either way, this the one stock I told myself I'd hold for a year and accumulate rather than try to trade it. But I'd actually like to see us plummet to .141, because I think it'd send us into the greens.
If we hit .141, I might have to play the shuffle game...
We'll see, but, after we get some distance from .14-.15, I don't think we'll be back to cycle there again.
I don't actually have one, I just asked a friend to take a look at it, said the chart looked very bullish with mid .14's being a good buy before we're on our way to new recent highs. Without him saying that, I would be changing my pants after this morning, that's for sure.
Interesting... Elliott Wave analysis (not mine, I couldn't even begin to give accurate Elliott Wave analysis at this point) said that we'd see the pps drop as far as 14.1, but at least to somewhere in the 14's, before rocketing off. I'm becoming a bigger and bigger fan of Elliott Wave... But, anyway, we should be off now.
Before, we had no confirmation on how long the license would take. Now that they've called for approval, and we're looking at a month (and a month tops, by the way, as they initially applied a year ago, LONG before HC was overrun with applications) you expect massive selling? That doesn't make any sense. I see this as sticking between .08 and .09 for now, maybe briefly seeing high .07s, but I wouldn't dare try and sell short based on the expectation of that happening. The longs here are way more diehard than to get impatient with a month of waiting, and many of them remember the day that people sold in the .04s and the price went right back to the .07s. You're trying to squeeze blood from a stone, Jarnism.
Oh. Well, BOOM!
If the harvest does hit their target of being 2-3 times bigger than last years, I believe a past PR hinted at the fact that they'd be a self sufficient company, meaning that they're about to tip over into a company that's generating profit. I think that news is the real BOOM here. But, after that boom, the MJ market should be perking back up with Washington in June, and then we'll BOOM there, too. Gonna be a great two months here.
I agree, with strong financials it'll make people's heads spin when this goes from being a relatively unknown contender to a big player in two markets.
Yup, for now it's still glued to the movement of the MJ sector. But we got dat stevia harvest that very well may take STEV on a trend all its own.
Oh absolutely. We can still go lower, but it doesn't seem like we'll see the .13's again, and we're in an uptrend, however shaky it is, which is awesome when we're going into so many catalysts.
The most exciting part of this news is that it confirms some of the DD, and if even half of the rest of the DD is on target... holy cow.
I wouldn't think so, I'd be suspicious if we had high volume, but we're pretty low for the day. We flatlined at breaking even for a while, this seems to make some people nervous ("why didn't it react to the news?!?!") and they sell. Thing is, on a quiet stock like STEV, news tends to travel very slowly.
How many companies dabbling with MJ or hemp have a subsidiary in Hong Kong that can work on growing technology while legality is still fuzzy in the states? STEV is a monster that, for some reason, nobody can see yet.
It's confusing, but, to be honest, any MJ related news without definitive $$$ attached to it isn't going to do jack right now. We need investors from outside the MJ sector, but, thankfully, we've got a massive stevia harvest coming that should do the trick. I'm thinking that gets us back up, and, when the MJ market comes back around again, we'll feel the effects of any hemp news then.
Awesome news!
I should actually say When/If their plans come to fruition. It's a penny stock, and there's always high risk involved in something with a very high upside. But I like Bill. I like how the company's behaved in the past couple months. They're doing a great job right now.
Stop talking about the market cap being too high. They have three facilities planned in Lakeshore, a hemp tech company, and they're eying Nevada to expand into once MJ is rescheduled in the US. That would make this a multibillion dollar company within the next decade. So, no, the market cap is not too low for the plans we're investing in here. Do those plans come to full fruition? The divide in the answer to that is why the pps hasn't held over .10. Once their plans to start coming to fruition, this has plenty of room to go much, much higher.
I have too much money in STEV to mess with paying capital gains on it. 18 months sounds good to me.
I've been hearing mixed opinions on the accuracy of these short numbers...
Phew.
What the deuce just happened?
Finally stacking heavily on the bids!
Nah, I don't have that kind of artillery haha
BOOM BOOM BOOoooOOOM
I hope they get things together and it works out for you! Best of luck!
I'm down quite a bit from my initial entry at .38, but I doubled down today. Time to make money on the way back up.
Looks like we have selling pressure, but, inexplicably, this seems to always tick up under those conditions... MMs at play?
I got out today. Proceed to ten dollars now, stock!
Could have made a killing day trading this stock, I remember in the low .3's it loved to gap up 8% and close back at open for 2-3 weeks. But I'll add on the dips, wouldn't want to risk being out the morning a PR is released.
Did we finally get halted?
A close at HOD! Fasten your seat belts for BOOMTOWN.
A close at HOD! Fasten your seat belts for BOOMTOWN.
THERE it goes! It's been wanting to do that for the past half hour!
Look at this stock during the last stevia boom, back years ago... this time, we're going into battle with hemp, too!
Their filings are putting them at risk of even staying on the otcqb.
Gap up! Wooo!
Panzer, I see you took STEV to the streets and hit up the yahoo message boards! I'd forgotten, those boards were initially one of the things that had me the MOST excited about this stock. Comparing our DD to the stuff being lobbed around those boards, I expect 90% of the yahoo posts are made by paid bashers, which means that a shawdowy entity, with some loose ethics and capital, thinks this company has a very, very bright future. I've noticed a very bullish trend in companies that yahoo posters claim to have "criminal CEOs" :)
Good job on getting the good word out! Hopefully some poor, ill-advised soul on the yahoo-sphere (like myself, when I first started trading) will be able to spot a genuine comment when they see one!