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It is. But what can you do?
Morons will believe it, panic and sell.
Smart investors will ignore it, hold and make money.
Scam.
They've been doing this on multiple stocks to drive the price down and load.
All it means is that something good is expected to happen here.
CDEL running out of shares to block with.
Need to blow through their wall.
Something is up. Volume pouring in now.
Testing a resistance at 15ish now.
If we break 0.0015-0.0017, could be a blue sky breakout.
12s just fell. 13s up and hit... for now.
If they leave it alone... look out above.
This trades so thin.
Don't remember ever seeing one. Not in 10 years anyway.
Looks like a lot of people wanting in at this PPS.
12s were getting hit and then someone put some 11s up.
I swear... nobody knows how to trade.
Good thing is that they are complete.
Sunbiz shows GRLF as being reinstated and active with the last three years of annual reports filed.
Just waiting on OTC Markets to do their thing.
I think it would fly if Citadel and Canaccord would stop shorting it to death.
Both putting walls up.
They could at least break up their orders into smaller chunks.
News soon?
Agreed.
Hey Bankingonblue,
Information comes from experience and watching the L2.
Which market makers are buying coupled with trade sizes seem to indicate it is significant institutional buying with some retail (you and me).
Not a 100% indicator though.
The short interest comment comes from info here...
OTC Short Report for GRLF
Over 50% of yesterday's trades were short.
Looks like mostly institutional buys.
Don't know why though.
Maybe covering short positions before news and run?
Hey cmark. Long time no see.
Not sure what's going on but something definitely is.
Keep posts on topic.
Post about GRLF.
Don't post about posters.
Citidel Securities going big into this one.
Need to squeeze them.
Same ole' same ole'... PPS manipulation. Run the price up. Short it back down.
Quite a bit of short interest. About 60% of the volume is short.
Would be fun to run the price up and cause the shorts to panic buy.
Don't think there is enough buying pressure for that though.
I'm still in.
Don't see any point selling this low.
Its possible.
IMO, if the company released any news at all I think we would see silver.
Not sure what is going on but something definitely is.
A lot of shares being purchased in this range.
Looks like 0.001 is the new base?
True.
That gap this morning showed that there are no resistances above.
Went up too fast with no consolidated support.
Fell back down and covered the morning gap.
Set up again for another run that could be much higher.
Just needs to take a break and go sideways now and then.
Someone trying to tank the price to load up.
Don't fall for the fake out.
Low float and no technical resistances above.
Literally no limit to price possibility.
If this saw the hundreds of millions of shares traded in a day like a lot of sub-penny stocks are seeing lately, it would be a lot more than .005.
Agree.
Looks like someone is trying to load ones but so thin can't do it without running up the price.
Sheesh. How thin is this?!
Moving up with hardly any volume.
Someone post L2 please?
Just noticed that the transfer agent has been verified also.
Looks like GRLF has been busy...
"On August 26, regulators in Ohio ruled in favor of Greenleaf Apothecaries (GRLF). Regulators instructed the Ohio State Board of Pharmacy to grant an operating medical marijuana dispensary license to the company—despite a dispute about a change in the company’s ownership. Greenleaf Apothecaries came under fire when the Ohio Board of Pharmacy called it out for transferring ownership without state approval.
According to partner Acreage Holdings’ second-quarter earnings call, Greenleaf Apothecaries has three completed dispensaries waiting for regulatory approval in Ohio. The company also has two operating dispensaries in the state. Plus, Greenleaf Apothecaries is also building a processing facility. The facility should become operational in the fourth quarter of 2019. Greenleaf’s cultivation facility is also expected to become operational in fiscal 2020."
https://articles2.marketrealist.com/2019/09/medical-marijuana-faces-setback-ohio/#
Seen trips to multi penny runs on quite a few stocks with much higher SS. So definitely possible.
I'm sure that is what their last 10QSB said.
I assume that the O/S is somewhere between the ~43 mil. last reported and 200 mil. A/S.
Preferred stock - $0.001 par value; 10,000,000 shares authorized; None issued and outstanding.
Common stock - $0.001 par value; 200,000,000 shares authorized
47,508,883 issued and outstanding
Even if O/S is maxed at 200 mil., still very low shares for this market.
Explains why it moved so fast.
If any real money came in, it would run hard and quick.
A/S is 200 mil. as last reported.
So, not much at all for this market.
***Warmy Jedi using the force***
These are not the shares you are looking for. Sell me your shares cheap and move along.
Bottom feeder flippers starting to trickle in.
Always a good sign.
Don't get tricked / talked out of your shares.
Too much upside potential for RKLC.
This changes everything.
So many stocks that upgraded from grey to expert have had massive runs (1000% to 10,000%).
Everyone that plays in the OTC is looking for this type of event.
If and when the word gets out on RKLC, it could be massive.
The ones fell faster than I thought they would.
This might be a pretty fast runner.
A few years back, this was at 0.80
This must be the poorest Dubai family living over there. Only $25k in dollar volume so far? That is chump change.