Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It did in October...
Funny! I didn't say you couldn't chart it just doesn't work for me because I am not buying based on chart results. I haven't been in this stock to long. In June, July 2016, Oct 2016 and then this last little bump but this time only sold a small portion. Regretting that already because I doubt it will get that low again before the pop. Something you won't see on your chart but if you talk around to the right people it can be verified. Yazbeck was already offered a b/o and declined it, not enough...
Oh I know how to chart, was doing it long before you had the Internet. I am only on some of these boards because I can get an idea of sediment and the occasional heads up. I invested with Yazbeck because I have dispensaries, have spoken to him before and we have mutual acquaintances from my time with a company that worked with Panasonic R&D. These people vouch for his credibility. Well and my son thought it would be a good idea so here I am. Really not saying you don't know what your doing just saying I don't wasting my time charting stocks like this. Good luck and take care!
No. If you read what I said "these stocks". I use charts regularly just not on these sub penny stocks. It's an exercise in futility. This chart says nobody gave a crap then bam something bright and shiny, then back again, nothing more. Facts are it is solid tech by a accomplished professional. Follow the player not the game...
Charts don't work on these stocks, they are to reactive to everything. That's the thing about trading momentum in double z stocks. You take a dump and miss the move. So your chart can be dead on but CNN posts bad news and if anticipation was good news the idiots start buying before they even read the damn story. It'll gain 30% with momentum before they even realize it was bad....
Who puts in a 5mil order all at once in a stock like this? My broker has been buying for me but obviously not in a 5 mil chunk.
If you feel this case will have some significance on the stock just call Dade County. It is public information so they will give it to you over the phone if the site has not been updated yet...
If it gets to .0033 I will buy a 5mil more
Look at everyone dumping before this thing goes! hahaha
Yes Sir! How does that go? BOOM TIME!!!!
Boy the skin is thin around here. Y'all know that this stock has made tons of money for investor both ways right? Buy low sell high works long and short term.
unfortunately most of the legitimate companies do not understand that facts mean nothing to the people in this market. So they lag behind the companies that have figured out that hype (factual or not) moves the market. Strangely when the hype is factual it generally moves it the less.
Thank you. I normally don't trade these stocks but this is the only place to trade the new tech. I am originally from Washington state and became and became involved in a friends dispensary. Because early on this was a much tougher market I ended up owning it. I now control multiple locations with partners. But my knowledge is in corporate marketing, product development and executive management. I see a lot of posts from people here trying to use fundamental information on MJ stocks. It will not work! I have assets, provable business models and income records. I still cant get a federally insured institution to even look at this sector. This includes an institution that I have had and paid successfully millions in business loans...
I rarely misjudge my longs. This stock has already gained 300% on my investment. I will see another 300% before the end...
There is no fraud on his part. Every one of these "penny stock" companies have toxic debit somewhere along the line.
Pfizer is big but his time at Panasonic is why he was able to bring a very complicated testing instrument to market so quickly. For those that do not understand what it takes to test with accuracy to meet or exceed MEG standards yet keep the package hand held and affordable, its HUGE. This is not something you can make a phone call to China and have on your door step next week...
Honestly I never got into these markets because of their fragile nature until the Cannabis market started to emerge. I didn't even know of this company until a short time ago. In investigating, realized I had heard of this man before and with a few phone calls got the real information. It is not unknown if you are in the right circles but most importantly follow the money. You don't take a 30mil stake in place of salary unless you know something. This man is a Bill Gates type. Smart and driven. May previous acquaintances are in this stock for that reason. In closing, when I saw where it was trading I took large stake as well.
100% on track! I used to work closely with Panasonic R&D and new business marketing. MYDX is right now shopping this tech to our governmental contractors for use all over the world. You need to realize the CEO did not see another use for this tech after it was designed for MJ. It was the other way around and he just used the MJ "cause" to get the funds for his R&D. See this was an idea he had with Pfizer that was shot down. Yazbeck simply took his idea with him and started MYDX to facilitate it's production. This is something that comes form mutual acquaintances that he and I have.
Finally! This exactly how you play these stocks. Been in this from before October. I buy the dips sell the bounces 500k to a mil a shot for my shorts. Had a several mil long, sold at the top, then bought several more in Dec at the bottom. now just waiting for the top...
Yes news will be most likely within the next 7 to 10 days. They are aware of the anticipation from shareholders, in fact they are counting on it.
There are just a lot of little fish here right now with little 500k here or there plays. It is a lot of money to them so they are in and out. I have a significant long from last year that is already a huge pay off. But I am in and out on the dips and bounces.
Keep in mind that many large company's gag order everyone until a deal is solidified and announced in unison. Not saying this is why but there are many reasons as we the shareholders will not get news until there is news. Additionally, if you bought long here that should mean you were comfortable with the leadership. As soon as I am no longer comfortable I leave...
Your kidding right? I just sold several mil at the top of this run up from my .0088 buy last week. I will buy several mil more this week at whatever I feel the bottom to be.
Throw them up there Ill bite. Add another 10% to my stake!
Semantics but regards less you made my point.
Finally good DD. Great work. There is a very good reason for the CEO to buy shares into a reverse split as well...
Serious DD will explain this. First this company does not sell or grow MJ so can finance with normal banking channels. Second the tech is not reliant on MJ for revenue. WHO has been approached for its various testing capabilities(primarily water). Finally it is a strong BO candidate considering his time with Pfizer and most importantly Panasonic. You are underestimating the worlds interest in MJ and how the US is going to handle it is you are not closely watching these markets...
Read up on this tech. There is a very real push in weed states, CA. being on the regulatory front as always, to use these devices at a governmental level to check for regulatory compliance.
Very true. I have a several mil stake here in the .002's and another big position in MYDX in the low .001's. obviously MJ is my speculative longs but up 500% over the last 6mo so far... patience, REAL DD is the key here.
Always remember trading has more in common with poker or chess than anything. You have to be able to read the tells of all players including the house.
Just called another wire in to my brokers. several of these MJ plays are setting up. Just wait till you see money sitting there and go pick it up...
This is not a man that is new to this.
https://upticknewswire.com/michael-tew-ceo-for-cannasys-talks-banking-industry-verses-the-cannabis-industry-in-america/
Sorry didn't realize you were new to this. You wont see names attached to this only firms such as Brentwood Management or Gelfand Rennert & Feldman.
Your 100% correct. He doesn't care about you or your concerns. The people on these boards are merely Minos swimming with Sharks...
Thank you for the solidification.
Inaccurate. In addition you fail to understand this companies allure to larger investors. They do not grow, distribute, or sell cannabis!
Correct. And if you look at the run up before the election based on the speculation that the incoming administration would lean in favor of marijuana you will see the same chart action. If you wait till 4/20 you missed the bus...
Understand how this works if you are going to attempt to control a stock. Watch the L2. As this is pushed down all the criers sell then, hmmmm, there is some big buyers that snap it up. Price climbs above criers exit then they go oh no what did I do better get back in. Drives it up 20% previous big buyers sell then rinse and repeat.
Some DD. This will explain why now is a good time to buy as we near 4/20.
http://www.potnetwork.com/2017/03/09/cannabis-stock-laggard-cannasys-inc-otomjtk-drops-13-73-for-march-9/
Your DD is flawed. Tew is well connected and very competent. He also realizes what he is doing by withholding news. But you mistakenly understand why. If you have access to any money managers(largely entertainment arena)in California(mostly southern)ask them if they are not promoting the investment in MJ stocks aggressively. Ask if MJTK is not high on the list. Ask if there are not several high value clients in this stock. Then understand 2 things. California is going to be the apex of the legal cannabis launch and this culture treats their money just like their fashion. If XYZ celeb is wearing it, must be the next best thing, let me have 10. Tew is fishing right now. Once he has enough on the line he will set the hook and watch it run...