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That 220 million volume day on July 31st was a big accumulation. Then the 102 million accumulation this last Tuesday look pretty promising from a chart reading perspective too. Lots of buying interest. The 50 just crossed the 200 on the daily MACD, an easy read for an upswing. It sure looks like it's gonna run. If the company doesn't come thru with anything substantial then it won't hold its gains but the run seems obvious on the chart.
MDCN .0003 Medican Enterprises Inc. CEO announcing big deals recently.
https://cannasos.com/news/hot-news/medican-enterprises-inc-mdcnotc-acquires-35-equity-stake-in-a-premier-jamaican-marijuana-company
https://cannasos.com/news/hot-news/vintage-scripts-pharmacy-a-holding-of-medican-mdcnotc-signs-an-agreement-with-liquid-nitro?utm_source=twitter&utm_medium=social&utm_campaign=sharing
At the least there's a pump going on. It might run, it might be real. We shall see if MDCN can jump on the boom of the sector...and if it can emerge as an actual business.
I'm not sure what I'm looking at here. Can you explain a bit for me. I have a couple of partners that are really interested in this company for the possibility of the Diageo deal which has perked my intertest as well. Thanks
Thank you for the sincere and well laid out reply. Can you provide any links or copies of communications with Tony himself to support your claims? I don't do much DD on the stocks I trade to be honest, I more or less just follow volume and sentiment. This is one of my trips MJ plays in the hopes that The Real McCoy brand would take off. The brand itself looks good. I'm reaching out to Tony Miller and Harrison A. McCoy who carries the McCoy legacy. I really never do this much DD lol. It's kind of interesting really. Thanks for any info or links you can provide
How about this. The DEA must reschedule CBD...
'Barbara Carreno, a public affairs representative for the DEA, recently told Business Insider that the agency has 90 days to put CBD into a lower classification. The change is already in progress. Unlike with past petitions aimed at getting cannabis downgraded to a less restrictive classification, the DEA’s pending action with respect to the CBD deal is a prerequisite to the launch of Epidiolex.
“We don’t have a choice on that,” she said. “It absolutely has to become Schedule 2 or 3.”
Read for yourself...
https://www.forbes.com/sites/mikeadams/2018/07/10/is-dea-being-forced-to-reschedule-the-cbd-compound/
Not even. Totally disagree. It's at the price of the 2nd day Sleek picked it in the first place, pre Jeff Sessions stall. It's hardley even rebounded from that day Sessions rescinded the Cole memo. We would be at 3 bucks by now lol!! This is ground floor for VATE. Similar to where Canadian stocks were before their epic runs. At least that's how I see it.
Well, on the chart now we have a nice couple of stair steps up. Nice and steady is a good pace. Now Tony needs to show folks he's getting business done and we can explode next week, no matter the noise here. Good luck next week longs!!
Go $$$USEI$$$
Shhhweeet!! COHO has been an easy hold for me. It's gonna be nice to see how high this one can really get in the future. Cheers longs!!
GO $$$COHO$$$
Right?!?! FNRC is definitely a sleeper for the moment but when they start reporting...shes gonna blow!
Right...APRU
That's what I'm talking about!! Gotta be loving the action!!
GO CANB!! $$$$$
Yeah, the candle forming today is one heck of a consolidation. Lovely!!!
We're definitely leaving some folks at the station today. All aboard folks who want the real run!! Lol gotta have big old balls to stay in for the whole run. Selling pressure anyone??
Day traders rarely even hold overnight let alone over the weekend, which is fine. I know you know that, just saying. You know they'll buy back too. They'll be chasing support on Monday. Perfect.
So beautiful!! Folks don't know what to do with themselves!! Lol I'm looking at a textbook event of a peak in the morning, a midday dip and a power hour rip!!!
Handle?? You remember?? Is it penny:30?? Looking sweet!!! $$$COHO$$$
Going way long with my little stash of freebies. Good luck!!
I saw a MedMed truck on the 110 freeway in downtown LA yesterday. Then I saw a girl wearing a MedMed shirt when I pulled into LA Live. My friend sent me a picture of 3 people in Oceanside wearing MedMed t-shirts. They're apparently open 3 stores down there in North San Diego County. That company is a no brainer and folks just haven't caught on. I've been loading.
MedMed MMNFF I saw a MedMed truck on the freeway in downtown LA 2 days ago. There are People in MedMed shirts all over town too. It hasn't blown up yet but im betting that it's about to. That company is already set up for success.
Cheers Flex
I meant the .0001/.0002 channel. I haven't looked at the VWAP.
Let's see some 4s print today!
MDCN for the win!!
I don't think he wants that. I think he wants to be a marijuana millionaire!! Who doesn't?? Why mess up such a great opportunity to be in the early stages of an emerging market? The Real McCoy!! Let's go USEI!!
I was reading that yesterday but yeah, great news! MDCN is the best low trip MJ I know of at the moment. It broke the 1/2 channel and that's the hardest one to break. Next up... 4s!!
GO MDCN$$$
So you think Tony wants to join him??
With how hard the SEC has been cracking down on fraudulent practices, it sure would be risky for those guys to be blowing so much smoke. That would be crazy! Who would risk it all to dilute a few thousand dollars worth of shares. Doesn't make sense. If they could risk jail time for millions the risk/reward might be worth it to them?? It's all guessing right now.
On page 10 of the recent Q2 it lists under Assets : Investment in MRX $97,000. Wouldn't that mean that the machine was already purchased and is now considered an "asset?"
GO USEI$$$
I know, when Jeff Sessions put a kibosh on the whole MJ market on Jan 4th by rescinding the Cole memo, he must have backed off till a better time for news. Now would be a great time to put something out since the market is blowing up again.
Go USEI!!
Next stop .0012 and if we can crack that we'll be in breakout territory. Then, if Tony drops news... boom!! I'm happy with green today tho!! MJ sector is on fire again!! This time could be bigger than ever!!! C'mon Tony! It's not like this is my biggest and best holding by far but the lotto aspect is what I'm after here. I'm holding 2 mil long. Sold 1 mil when we hit .0014 a while back to take a bit of profit, which in trips land is a must. Good luck longs!
My last msg was meant to be a reply to you...
Yeah, looks like 1.00 is resistance. When we break it 1.11 is next followed by 1.21. All in all, this week has been phenomenal! CNBX is looking at 4 green days in a row!! Not to mention, volume preceeds price. Im thinking 1.11 tomorrow. Good luck!
MDCN is the low trip MJ play with the most potential that I've seen. Any other MJ tickers in the 2/3 range look better?? Please share!!
MDCN for the win??
Looking good CNBX!! I'm glad I averaged down with some .81s a couple weeks ago!!
Can't stand that company. Super shady. It was one of my first MJs but found out the hard way about their practices. Not to say it won't present some kinda of trade but there are way better tickers out there.
Look at CV$! to see what's possible. In past bull markets, some MJs run 5,000%, 10,000% or more. This one is starting really nicely. I wouldn't be surprised to see dollars by eoy. Good luck
I put my order at $10 to "lock" my shares, not to sell them. We lock them so MMs cant short sell them. If it hit $10, well, I'd be just fine with my shares selling. That being said I don't think it's gonna hit $10 any time too soon but in a year or 2 who knows??
I just locked my shares at $10. Set you GTC limit orders so your shares can't be shorted!! Then just watch the show.
$$$CANB$$$
Look at the SS of ARPU. It can happen.
Keeping out of the 1/2 channel now. Huge. It may take a while but this is the best low trip stock I've jumped on yet. .01 by eoy would be amazing!!! I might need to get another mil in the ask myself!
Cheers and good luck
MDCN is gonna blow!!
Well the cup is formed. Next the handle, then the boom. The sector is officially on fire. Summer is over, Canada goes rec legal on Oct. 17th, 4 more states vote to legalize in November. Add it up folks, the whole sector will blow up and Tony will fill us in on all that's been coming together this year...perfect storm of money will rain down on USEI$$$ ...that's how I see it at least.
Cheers USEI longs!!
Someone was able to dump shares on the bid today. They were even able to sell some 5s. I'll just wait it out with my 9s for now.
1700 shares moved it from .0005 to .0015. Interesting and annoying. Maybe even interestingly annoying lol. My previous trading self got stuck with .0009s here. I forget who to blame for my buying into this. Oh wait, it's me, no matter how I ended up here lol. I can't help myself, sometimes making random weird posts makes my bags feel lighter and since its costing me money I might as well have some fun with it. Go find some oil or something FROT!!! WHAT THE FROT!!
Scooped 10k more .047s! On the ask even!!