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This will probably hit .02 tomorrow at this rate. The volume is just insane
Trudeau will be announcing official legalization date at 4:30 pm today.
Should head past .02 in the next few days. If we close at or above .02 this week, I'll be happy. Next week let's see .03 at least.
We may finally see the .05 we saw last year. If it can get past .03.
Could be. But let’s not get carried away here and all excited for nothing. Been here over 2.5 years and I’ve gone through this cyclical drama over and over again. I’ve become more reserved in my opinions as ACOL quite honestly has changed from the company they used to present themselves to be. Management has also become more reserved with providing updates and shareholders have lost confidence over time. If you call them they’ll tell you oh yeah we’re working on this and that and we can see he light at the end of the tunnel now. It’s the same speech always. I used to call these guys up before CA went live and they were stating once CA goes live we’ll start seeing some great stuff. Well nothing honestly happened. We saw the reverse in regards to PPS.
If you look at the time and sale chart you’ll see that there were buys above the ask at the open. Also now we are seeing large blocks on the ask side again as usual. Tells me that MMs were sick of the nonvolatile movement and decided to create some volatility so they can profit. We haven’t received any recent news nor any financials to support a move upwards. Also, management isn’t doing a great job with PRs as a whole. Most of us here that have been invested here long enough have gotten past the notion that financials will help things here. Most likely not with the upcoming financials. I’d say it’ll probably take 2 more financials to actually see something significantly positive in those reports since we will need to see Canada sales and CA sales pick up and aid ACOL’s numbers.
This is being manipulated at open.
Let’s get this back to above a penny!
I assume a minor delay. No reason to worry. They’re in talks regarding those airborne stock they stated. We are supposed to see the alpha version of the app “early spring” so that is an additional news in addition to the one regarding airborne stock.
Looks like it! I mean according to the email from CEO last week something is coming
He’s on the wrong board lol
Why is it not trading right now? Don’t see any activity
Shouldn’t we have seen some news by now according to CEO’s email? Hopefully something this week. I managed to load up on another million shares during that dip last week :D wish I’d loaded up more when it was in the .002s :/
Not sure anymore, not as confident here as I used to be.
When that happens, fundamentally this stock would be way undervalued
Sad to say but this is heading back to .007 maybe a little lower. Don’t think financials for Q4 are going to be that great. Probably won’t see promising financials until Q1 fins and I’m crossing my fingers even on that one. Hope for the best but this is just depressing
Big bids are back in. So those additional shares got gobbled up pretty quick and no one is willing to sell cheap. Anything below .015 is still cheap imo. Once news hits this thing should hit .02 imo. It’s a coiled spring right now
Should be a nice run in a few days as well. Don’t know if this will be the early spring update they promised or this is a bonus update
Looks like cool off day today. I’d keep an eye out for tomorrow as it looks like it won’t be staying down.
I think it’s retail playing games. Shaking the tree before the big run. If you noticed the PPS didn’t drop too low. Still holding .008 support. Very good sign. It is good though that RSI cooled off a little. Should be good to go for next leg up. We are also expected to see something in early spring along with this upcoming update that the email from the CEO stated which someone else posted, no?
What’s up with drop in pps today? We should have news any day this week
Needs to break .011 to continue going up.
If that email is any indicator. We should see news this week! Which would push this past the previous 52 wk high.
This translates to news this coming week!! Yippeeee!!!
There’s definitely some news coming next week. Or we may be about to hear about their alpha version they mentioned that is set to be released this spring. Could be finished earlier.
2.8 mill bid at .007!!!
.008s on the ask! Geez something is coming for sure now!
.007s up on the ask!!!
Same! Not selling until at least .02. This is still undervalued.
Was just going to say this. Looks like the pattern is being confirmed today. We are heading for a major run here. And also within their timeline for some early spring news. I’m expecting someone knows something and is buying up before the official run.
Keep in mind we are expecting an update in the spring they stated. So could be we are nearing something. This is definitely a hidden gem.
Yup. Well we have reversal today! So it’s even funnier. Crossed yesterday’s close!
We are green! Multiple tickers showing same signs!
Well it’s green and going up now. So you’d better load quick if you’re looking for cheapies before it reaches 7s lol
Are you nuts?! This stock fundamentally is not worth $2.5 lmao you sound like that stockzoom guy. I’m seeing reversals in the charts for other MJ tickers today and this one’s 1 minute chart is showing signs of it as well. I think we’ve got ourselves a good week ahead.
This is definitely a great entry and a price point no one thought we’d be back at.
I wish I’d waited to load on this one. Could’ve bought 40% more shares.
There are now gaps on the chart due to the decline. Expect a hard and fast reversal once this correction is over. This is all a global market correction and fear combined. Most investors don’t do their DD and panic at the sight of red and will sell at 10% or even 5% loss and then we also have stop losses that were triggered on the way down. This started with the major Canadian LPs and then people moved this fear to every cannabis stock and now we’ve got a sector wide blood bath. Regardless, every indicator is screaming oversold so would look for a reversal very soon this week. Highly doubt it’ll continue to bleed the entire week. That would go against even fundamentals.
This company is not worth $7 PPS or even less. It’s worth much more especially since the merger is happening. So it doesn’t matter if the legalization decision isn’t until March, we will see this climb regardless. It’s expanding and there’s real sales and financials to back it up. I’ve decided not to look at my stocks this week as it’ll tempt me to sell. I know this is all manipulation right now. Looking forward to a green week next week. Most MJ stocks are very oversold right now.