Target swing trader, never ever day trade. Option spreads or micro stocks.
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I have been on several as this Cap.. Actually on another right now that is going nowhere for the time being..
I got some of this yesterday and will continue to accumulate EMJI.
This story is as good as it gets with incoming CEO, his associates, his history, and potential. This setup alone will bring out people to play it.
I would rather see it get natural momentum any day but a story this good is sellable. For me this reward opportunity in 6 months time is well worth the $4K risk in it so far. Still bidding for more at this time.
I waited a long time on CBIS years ago but it gave an amazing return. This year I had a 20M position at .001223 that I sold too early at .002688 on another (IGEX) so I'm used to giving it time to mature. 4 months on it and I did give it up after not liking a promised target miss.
This one will eat thru those .0002' s. Put this story together with these players and all their history this will not be a quad for very long.
I was hoping some of them .0001's would give up today.. Bidding but not getting.
LordG, I read everything I can consume about what I am interested in and try to retain it and then be able to explain it.... You are a great source of clarity and rationality here..
I challenge newcomers to the stock or those interested in it for future watching to read your last 50 posts. You sir are a breath of fresh air in the message board world..
Thanks ..
Agree on the history not been great for investors here in the past but look at what has happened since last March. The set up looks to be a molting of standard micro stock parasite to evolution of a base credible company of which new players have a different agenda.
Christopher Petzel as the CEO has a fantastic history of contacts in profitable and credible business. Jan Petzel holding now 1.4B is locked out by choice until late April 2016. With a GSachs director background he knows what he is doing.
Reduced share does not validate your theory. Debt paid off with real money does not validate your theory.
I judge this on forward potential as the players line up and not on Atwells actions, good or bad.
2016 will be very interesting for EMJI......
Look at the bottom line in the post you laid out Smilin.... Jan Petzel is holding these 1.4B shares until into next year..
Reduced share count, debt paid down, impressive network of business counter parties,.... This is getting interesting.
Curious to think where this can be in a year..
The whole story here is the new CEO, his history, the wife,sister,dad, brother or whoever it is with the same last name that gathered up about a third of the float and now is mega shareholder.
The contacts And business ventures he has been associated with is impressive.. Commercial banking, fund originator for Walt Disney Films, and many other huge name film producers puts him in class that few can claim.
Study the players here. The story is one for a good next year setup on EMJI.
I don't flip personally, flippers kill technical charts. I think this story is now starting inning #1.
When this breaks by those 2's it should carry itself much higher. I was bidding and did get some fills today but did not get what I was trying to.
Getting this to me is a hold right now. Sell this too early you might need therapy. I do like the CEO's occupational history. A sell target is very premature as he has contacts that have incredible assets for any business.
Need to get the position first. 2016 is a long time off for flippers so I think there should be some available tomorrow...
EMJI, new CEO profile is a must read.
The news today is worth a 4 minute read. You read, you'll decide what to do.
I think this may be the micro stock of the year for 2016.. Put it on watch list.
No offense taken, thanks for catching it. I corrected the post just in time..
You right.... Good catch.. Reiterated....the correct word...
Buyer of some EMJI today. I saw the news and googled new CEO.. You should too.. Banking, arts, movies, theatre, right age to start to build a business for the future.... What is not to like here.
They reiterated no R/S in the bottom of the news. They've canceled shares and paid off debt.. This guy with a banking history has friends and has to know fudicary and reporting regulations......
This could be the micro stock to own in 2016. I'll be gathering up more along the way as I try to trade mostly options via spreads and do those technically... Nothing technical about EMJI purchase but fundamental story here is cream of the crop...
Will continue to do more DD and will appreciate constructive input, pro or con from anyone...
15M @ .0001. X.152M @.0002
The news of CEO change is so new, left over sellers still punching out... They figure out what they had, they not going to be happy.
I see about 18M on the buy side at .0001. But about over 150M on the sell side at .0002.
I've been stuck in these no bids before..
I got 50M shares in another stock and if I see a bid to roll out on I taking it...
I'm not thinking anything here is near term.. I doubt that bid stays there all day either.
Copper as you might have noticed this is a penny stock, a sub penny stock, and worse than that a micro penny stock.
You understand by default buying these their could be risk... If you harp your verbage for a few years in these investment sectors I am sure you will be eventually right.
My last one I had 20.4M at .001223 avg and after holding for about 4 months sold them for .002688 avg.. Gosh, who should I send $29K profit too. There is risk as you say.... But there can be reward also..
That is why people invest... That said I am long here and think this with news will move via getting momentum played... It it the next super winner? I doubt it.. Will it move off this bottom? I'm thinking it could have a good chance... So, I am in.. But thanks for your concern.
If you wait a few weeks not a few minutes, I think you get a huge reward trade. I put $5k in it and setting like a duck in a glassy pond.. I'm usually early and trade very few in a years time.
Welcome ...
I just privately told Franz... The nonexistent earnings are no problem. The Fact share count is less than I thought and no R/S prevelant here is a victory for a quad....
Now Fong, let's have some revenue producing news and we are off the bottom..
A lot less shares in play than I thought, no profit but who thought there would be on a quad...
It's all about the new revenue stream.. Bring the DEC news now Fong.. Perfect timing here.
Wildebeest on the Serengeti hoof prints is what you are hearing... Again when the news hits the MJ crowd comes with gusto and in unison... It will happen.
When it comes those stupid 2's will be vaporized.. First stop is .0005.
We are getting close.
When the MJ crowd arrives to buy some of this it will be like Wildebeest coming across the Serengeti.
They will come in a herd....
It will move spider. When it moves it's auto double but it lifts on news and it will be better than a 2X.
He said news before DEC .... That could be any day but could be 2 weeks also.
Me too.. And I feel confident that is on the way.
This is the calm before the storm.
One good news break about potential revenue stream on an MJ stock and we get full impact in a nanosecond.
To me, that's the value of slipping in when no one wants it....
There is a measly 10M set on the sell side all day it seems and nobody is forward thinking enough to steal it here and hold for DEC promised news...
But some morning a MoMo room leader will say buy it and the sheep will trample themselves and pay 5 times this price.... Seen it 100 times...
The earlier news stated to begin by DEC. Actually we have two weeks but to get mileage over the holidays it, as you say in the next week would be advantageous.
Long, patient, waiting for the next move.... Whenever. If you store up the 1's you should make well in a short time...
Yup I see that.. Got back in and there was no 1's to buy...
I figured we would get news today or tomorrow..
Looks like the seller from Friday still bidding off shares at 0001.
I oughta get them. I only have $5K of this so far. I made almost 6 times that on my last sub penny trade.
Nuts to sell here at this time.
The energy should continue to build as we approach DEC timeframe to kick off revenue building card structure. How many contacts that turn into contracts will be of interest from the conference.
They should chew through low bids this week... Then June overhead supply becomes target. 0005/0007.
The energy should continue to build as we approach DEC timeframe to kick off revenue building card structure. How many contacts that turn into contracts will be of interest from the conference.
They should chew through low bids this week... Then June overhead supply becomes target. 0005/0007.
Some of the weekly traders that did not get rich this week wanting out it seems..
I know it's flipper trading but if people would sit tight there is good money to be made in flat bottom stocks.. This one just has spent its basing time and news is imminent and Fong said no R/S.. Why sell now. Because you do every week??? Nuts.
But it's Friday.. Like every other one.. Again in IGEX they did it there too..
Ripe for news, if not today from Canna Conference, surely Monday..
Love to see news tomorrow and let it perk over the weekend..
I see it often. It is a signal of some sort to somebody. IGEX which I had a big position had lots of 911 volume ticks.
I have not seen this one T&S or Level 2 today since mr HP crashed this morning.. I see level one on my phone. Somebody stole some this morning... And Somebody ain't using their noggin if you waited till now to sell.
Back to trying to reinstall Windows... Need my 'puter.
15 years ago I bot 3k SPCT at $27 and it opened the next morning at $19.. But it was not SPCT's fault I bot it. Somewhere in the investing world you have to be responsible for your own demise, if that happens.
From here I think FFFC has huge opportunity, but if it got to .28 I'll assure you you are on your own... I want my cost basis brought out at .0005. I'll fight with technicals only on the rest of my shares..
Gosh if I had. .28 cents in it, now might be the time to average down...
Punch out the wall of 0002's and get on with the excitement.
Having to use ipad this morning... My main double monitor puter looks to be dead today..
Whatever, it's over 5 years old..
I have a sell in for 12m at .0005 and that gets my cost out. It GTC so it will hold.
Think we are stable till Monday. Should be lots of Canna Conf news then...
That paragraph is the whole future of the Green Card, and all other companies that wil compete with it.
The fact that these will eventually be legislated is a given. This industry will not be allowed to be cash because of the tax abuse, nor can the FDIC banks touch it because of US Banking laws. Thus legislated banking arm length cards will be the exchange medium.
We are in the right micro sector... Hopefully a piece of this will come our way.
All boats in this will rise until some company becomes dominate.
Booth # ??.
We used to go to ConEx (Concrete WORLD Expo) in Vegas and IQUEE in Louisville for weeks at a time for talking with and marketing to customers and hardly ever had or wanted a booth.
You target your potential customer if you're a small company. They are not looking for you.
This is FFFC not IBM.
What to look for in this event is are they doing any industry target seminars? FDIC banks can't touch this industry. The tax man is complaining everywhere the tax revenue is not coming in because this is basically a cash business...... FFFC and it's like counterparts will be the medium for purchasing and record keeping in the near future. They will be the arms length to the FDIC banks.
We're just a tad early but in the right needed money transaction link to let MJ be prosperous. The votes rejecting MJ in new districts is from major objection...... Bypassed taxation, failed reporting, and fraud...... Cards are traceable/can be tracked....... End of statement.
The bullish fact here mkt, is these few 0001's are coming off that stack of 0002's. When that stack of 2's gets gone we will go higher faster.
Do fib studies people. The person/persons that buy out that wall of 2's is not looking for a 3... They are looking for a Fib # above 3, which is 5.
Steal it at 1, don't sell at 2, when it gets some volume it will go straight to 5.
Everything I'm looking at is blah-blah today .
Impatience DOES make you money... When you see other impatient traders throwing away stuff stuck in a trend you make by taking advantage of their impatience.
About Monday of next week those 0001's gonna make somebody happy. People have waited this long and throw away a steal just before news date...
There is about 200 vendors at this Expo.. It's Canna specific, and everyone is after the same thing.... What is going to make this industry better... FFFC is one big spoke in this wheel.
We are up from here obviously..
FFFC at the MJ Business Expo today, Thur, and Fri. Just had news and should have several more from and about Expo.
This will get played soon. The 0001 buys have gotten scarce. Once it lifts it will go to last June overhead of 0005/0007 but should go quite a bit further being MJ sector. Has been to .02 twice last year so opportunity is as good as the promo setup..
Put FFFC on watch list.. This egg is about to hatch.
Agree Fundy.. It is a penny stock... Sub penny as a fact, and a micro as a fact.
If anyone wants a stock with zero risk there is none.... NONE.
Micros do move on news, on change in opportunity, and on investor sentiment...
Guess what is taking shape here... All 3.
The perma bears are part of the investing community... Do they want it cheaper or did they buy the high last round? I don't know what their agenda is but I Do see both, bull and bear points can be expressed in this forum.
I think this one is ripe for a good run, bot at .0001 , will wait out the projected move and feel it getting within days of happening.. When the MJ crowd focuses on this it will do as many others have and go numerous times the entry price...
If you own it and the bears make you nervous, get out. If you see as I see what's about to happen, get in. If you get in, look left at the chart, last June 0005/0007 is the first target... First target.. How much momentum will define how it could peak and when..