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If MJ was rescheduled it would give way for big pharma and big tabacco to step in and little companies like MDCN would most likely be squashed...we should be thankful for this extra time, gives the company even more time to become further established! Looking forward and loading here for EOD.
Just keep holding.
Wow, looking at L2 MM's are being really friendly pre-market...I'm being sarcastic of course...
Overbought?? The RSI is only at 61...
Also look at the chart, screaming buy signals, MACD about to cross over, RSI only slightly above 50, testing the 200 SMA, will break today IMO..."why is this running" well, there are more than a few reasons...this is that ticker with the really low float too ain't it?
Answer what? Plenty of OTC tickers are running today without any current filings...the whole MJ sector is hot because of Sundays program and OH YEAH! there's that whole reclassification judgement scheduled for tomorrow...that's right..."why is this running" lol, you;re not new to this game, so quit trying to bash.
This PPS could triple tomorrow depending on the outcome of the vote...no brainer
Hmmm, must funds in another MJ ticker? or another ticker in general? I understand...I'd wanna be in now too.
Not too late for you to jump in, should see close to a penny by EOD IMO.
Yes, this Sunday on the CCN special about MMJ, watch PPS on Monday morning explode.
CNN airs "high profits" documentary about MJ,MMJ,and Hemp. Surely hemp oils and products will given circumspect mention, what if THCZ is mentioned directly? Think about that, as it is becoming a well known product.
Oh no, we're getting down to comparing labels and prices on Amazon compared to other drinks,,,,this is starting to read a lot like the PLK% board before christmas. Let's not drown the stock in desperation while it still has some juice left to rise on it's own, I'm still holding shares here...
Snooze you lose...as they say
Haha, well, that statement makes me want to keep an eye on it. Couple others I'm watching too.
I live in L.A. its only 8:08, about to go back to bed...slow day ot seems...
No volume today...maybe monday...
Well, I bought in at 44 so if it does start running I can still buy back in for less than I originally did...sometimes that works, haha. Best to you also, I'll be watching, it's a great chart! Room to run is unbelievable...
Might be good for Monday though, I'd like to see it run, just sold for a loss.
Nah, just people slapping trying to get a run going. Bid/Ask spread is horrible also.
I'm out it's just going lower...
hmmm, might just see 2 or close after all, watching for an entry...
No I don't see it running to 3 today either. Was hoping it would drop to 2 then buy in...but looks like it's gonna stir for the day understandably...
what a POS, already down half my "investment"
What's gonna move this shit pile now?
glad I didn't buy in yesterday afternoon. honestly though, do really believe they have mind controlled devices? Pfft....
Lol, so if I bought 911 shares that would mean I wold throw the MM's off? Haha, yeah sure...
That's hard to say,the leaf on the can for the state of Oklahoma (with such strict marijuana laws) could be a good thing OR (as you said) a bad thing...depends really on how the state as a whole feels about weed and hemp and not just those passing the laws.
I do know that today marked the lowest volume since March 11th, and that the last candle is a red doji, but let's see what happens, this seems to be the pattern of the chart...then in the past it kept climbing... not much out of the ordinary...except the volume issue...
I also look at the MACD tho and a CCI study, both show the start of a down trend...
Here come the hits...
Couple milly slaps and a 40k slap at the ask...
It's not getting halted,simple as that. If it does, oh well, but it won't, IMO, mark this post!
Brokers can ONLY borrow your shares to lend/sell to shorts if you have a margin account. If you have a regular brokerage/cash account they cannot touch them.
1200 volume pre market...ask up to 172 and bids building at 173
$THCZ gapping up ,and premarket action happening on L2
THCZ MICROCAP DAILY
Once again the top traded stock
http://www.microcapdaily.com/oh-what-a-comeback-totally-hemp-crazy-otcmktsthcz/110109/
Ahh, yes, thanks
I can't locate it anywhere:/
You can't just hit a stock hard in the morning then slow up mid day, this gives the MM's a chance to build a giant wall at the ask, which is what happened right down the line first with the 19's, then the 18's and that led to sells down to the 16's, plus there were many who got in early and took large profits anyway at those prices...
Not only are you getting way too literal but you're also not thinking out of the box. I don't know what the drink is made from...don't care either.
And I do know the difference between cbd and thc, hemp and marijuana. All I'm saying for the last time is that it cannot hurt the drink sales and company to have the can/bottle...whatever- say that it was bottled by the Dr.Pepper bottling dist. which it will say in some way shape or form on the label. All drinks do!
What happens with this stock tomorrow?
...seems like there are a lot of shorts here tonight looking for it to sink...
Or people are looking for cheap shares. There was a good amount of buying throughout lunch buys still out number sells...and you have to remember there was a substantial gap up in the morning that was most likely going to fill by EOD...see you tomorrow.
And in case you weren't aware, Elk City located in Oklahoma is in the land of zero tolerance for MJ, here is their MJ law/s and penalty for breaking them!
http://norml.org/laws/item/oklahoma-penalties-2
So, indeed this is a ground breaking ordeal to be able to bottle a hemp based drink in Oklahoma.
Notice that even first offence violators of their laws receive/face one year incarceration.
Quote Jim Schmidt- General Manager for Elk City Dr. Pepper: "We are excited that we will be the ground breakers in the state with hemp-infused beverage products and feel this will be the hottest beverage product introduction that we have seen in a number of years."
Notice the lines 'we will be ground breakers in the state..."
That sounds like Elk City plans to profit as well. Why else be excited for simply bottling a drink at the plant. And you don't think it will be noted that the drink is bottled by Dr. Pepper etc...on the bottle??? You don't think that will help sales?
Why not just call and ask then. Not hard to get in touch with the plant.
Also, we see this kind of thing all the time, 19's were obvious resistance today, the only thing to do is to back off and drop the price again, not a retreat just a strategy, useful....then attack later breaking the 19's and holding the gain.
We're still up on a good close...more news and a Q cold come at any time now.