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With all that said, I realize the majority of the sector has been down the last few days...
Based on how we can't break through our resistance levels, only bounce back down, I'm hopeful that we break double digits at some point this month. We have just hovered between 0.065 and 0.085ish for a few days and didn't get a pop with the company's mention on yahoo finance yesterday being mentioned as a hot stock. I'm very cautiously optimistic. I am just curious what spark we are going to need (and more importantly get) that will push this up.
Bah Humbug...MCOA is the best stock to own ever. Everyone should buy it. The price is going to$10.00 by the end of the month. New PRs coming daily. Definitely going to jump off tomorrow...always tomorrow. Hopefully the sarcasm was caught early in this post. I'm hoping for 0.15. I think that would be a miracle if we get back to that. Here's to hoping.
Just curious but what does it mean for VNDM to have 1mil at 0.004? Are the betting that we will not get to that?
It sure has gotten quiet around here...I feel like the market is going to stay down for mj plays until January when the laws go into effect and sales start happening. News will definitely be going out when that happens and for the first 4-5 months of 2017 we should see another sector-wide run. Thoughts?
I appreciate it...I'm definitely long with EFFI with a bunch of shares. I feel like when the whirlwind slows and the dust settles, then we will see what the real companies can do. A lot of stocks are going up with nothing to back the rise in price. Efftec is a real company with real products, contracts, buildings, and profits. 2017 is shaping up to be an interesting year, especially with Florida medical mj getting passed. Going to take a few months for everything to get ironed out with that. Should be good at that point.
I'm in EFFI and I'm hoping we see some progress...the sector was down today and there wasn't much going on with EFFI. What are your thoughts? I want to be more pleased with it, so help cheer me up.
The sector stunk it up today. Anyone know, or have any ideas, why we are down as well as the sector? I'm hopeful for January through March personally...not seeing anything happening in the near future.
Good morning EFFI! Lets get over the hump today and close at 0.005!
Why didn't UAMM show up on the list of top % gainers today on dailydab.com? Are they not being considered to be in the cannabis sector? Maybe too new to the scene? 33%gain today was second best in the sector.
Solid volume today. MM's kept it down until the end of the day with the bounce back to 0.004. As word gets out and people actually begin to read into this company, they will see how solid of an investment this is. Positive cash flow and having to double their profit projections are huge for the company and for us shareholders. EFFI will climb and climb and climb. Slow and steady all the way until it breaks out into penny land...then momentum will take over and the serious run begins!
I hear ya! But I just like talking prices and getting everyone's input. I think we get to it closer to january/feburary. Once the word gets out and Pham gets things lined up in the industry, we should see more action.
I have maxed out my shares that I can buy for this pay period...Over a million total, so Im optimistic for the future, just want it to come sooner that it probably will. Holding in for a long ride to the promise land!
what is the realistic time frame for this stock to get going towards pennyland?
Do MM's have this pinned down today? Thoughts for Power Hour?
Sure would like to see higher volume...I know its monday, but we are lagging behind. Volume = interest = share price rise. Thoughts?
The low average volume worries me a bit. By low, I'm comparing it to some of the other popular mj stocks and it is nowhere near them volume wise...yet. Also, the Cannaxa site reminds me of the "yelp" app, but for weed!
EFFI looks like a strong play too. Have you checked that out? Positive cash flow and real products and locations. What do y'all think?
Is silver possible with increased volume? I say yes...0.05 by February at the latest. Any thoughts?
Where EFFI is right now reminds me of where MCOA was when I first bought in. MCOA is one hell of a roller coaster of a stock, but I'm holding until it gets back to at least 0.10 pps (that's where my stop quote will be put to prevent what happened to me last week from happening again). My other big play is EFFI. Two stores in Florida, online order contracts all over the country, received a line of credit from a Tampa area bank (very rare in this sector), and positive cash flow...this means no toxic financing. Oh yeah, Florida passed mmj and the grow facilities are going to be supplied by Efftec. Seems like a no brainer to go right up. 0.0042 pps right now. Is this MCOA's little brother???
Efftec...autocorrect got me!
I feel like 0.05 pps by mid December was a somewhat conservative number. I do believe that as this year ends and January/February come, then we may see up to 0.10 pps. I'm new to all of this, but I have been reading about several stocks and this one just seems to be a "real" company with real products. They are also the only one that I have seen that has gotten a line of credit from a bank. Plus, Florida passing mmj and positive casflow contracts for grow supplies is huge. I really like that their profit projections were doubled due to high sales volume. It's going to take a few months to get the medicinal facilities up and producing...and they are going to need Efftech supplies. Imagine the market in Miami alone.
Hello everyone! I am wondering if anyone on this board has a realistic PPS prediction for this stock. I think it sets up very similarly to MCOA as far as the a/s and the current pps (MCOA was at this exact price point in the beginning of October). I feel that this company seems so much better though because they actually have real substance (stores, products, and most importantly positive cash flow). I personally think that if the volume continues at 25-30 mil, then this should rise to 0.01 this week pretty easily, then maybe stair step upwards to 0.05 by the middle of December. What are you all thinking? Am I close, or am I crazy?
I feel like many of these boards have gone "radio silent." Today was a definite shock to everyone's systems, but trading penny stocks are like everything in life...success doesn't come easy or quick. Everyone stay positive and remember that things are crazy right now. Not for the long term, just for now. It's like the Seinfeld episode with the "bizarro Jerry, Kramer, and George." The Dow was supposed to tank today and the MJ's were supposed to skyrocket...but the exact opposite happened. Hopefully we will recover from the beating we took today, but it may take a little longer than expected. Good things come to those who wait. Stay positive and good luck to all!