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reality check, this is a penny stock
its like a soap opera in here
reality aside, scam or no scam this one has a lot of potential due to the storyline
lets face it the game is on and the potential for it to pop short term is here when they want it to take off
it looks to me like they are testing the interest levels and checking the volume potential based on the manipulation by VNDM and VFIN
there is a method to the madness
the way i see it this will run again soon so they can retest the interest in the .002s and find the right dump point to unload more volume as they have done several times over the last few months
jmo but once this rubs up against .0015 VNDM will move up to .0025 and for a day or 2 it will move there after another cc or a solid pr
from there its a matter of time before they dump the volume they need then put together a pump to get it to uplist level
for a while this was a great flipper but that action is gone
one more maybe but then its going to be an all out climb with a lot of new mj interest once news of the grow house is released
just the way i see it,
any input?
all anyone has to go on here is the news of a merger that is overdue (but they are always overdue) and the filings that indicate that they are actually working on it
now there is fear over the r/s
the window of opportunity here will be small at first due to uncertainty
news will most likely be released a day or 2 before the r/s
that means one killer day and then an r/s nosedive imo
as i see it there are 2 huge opportunities here-
buy now at .0001 and sell on merger news for a quick profit
then buy back on the r/s low and watch it fly once all the details of the new company are fully disclosed
let me know if you see it the same, or why not
Once they work out the deal for a promo and release news this one is gonna pop hard
last penny this guy was involved with took off huge
remember, its a penny stock, they are all scams
couple hundred m in vol will send it to .002s easy
any day now, 10 bagger+ within days of news/pump
Ive said this before- with everything that is moving forward and falling into place this should be sitting at .0049 pounding on the VNDM wall that sits at .005
perhaps proof of wet ink on the deal will trigger the run to .005?
based on the stated business plan, steps taken, potential and accomplishments so far, if only 50% of the target is met this has huge front runner profit potential
just think of the number of grow houses that could start popping up with their name on the front door once the first one is perfected, thats a clever winning idea all to itself and if they can be out in front of the me toos with an established branded solution this is the ground floor of a huge new industry that is just starting to develop before our eyes
i always liked the cookie cutter approach, do the work once and mass copy it everywhere creating and growing your own customer base that is buying your products which multiplies your volume which in turn increases your volume discount on goods purchased to resell at either higher profits or to corner the market with better prices to keep competition out
any way you look at it this is very under valued by a factor of 5 at least based on everything that is going on and the potential
perfect storm coming together imo
based on this info i would say this one is going to do the same as those, its about to run hard!
ps, is there a penny stock that isnt a scam? its just a matter of finding ones that are about to run like this one is, 10 bagger+ easy
That sounds reasonable but with all of the stated potential and seemingly positive steps in the direction that was laid out isnt it also reasonable to see a smooth steady climb that builds as progress is made?
manipulation, sure, but a solid plan with support moves pps up not down and if the manipulators are smart they play the rise not kill it for a few points, much more to be made manipulating .001s than .0001s.
as i said, this should be sitting at .0049 right now and building if there was solid confidence and support...
seriously, what is going to move this up? a tweet? fb post? what??
the big news is out, come and gone, done deal... pps is at .001
this didnt even cause a 52wk high... so now what?
please argue with me here i want to know why this looks to be heading down and yet has hope of turning around any time soon
if you are in this for the long haul maybe something happens in a year or 2 but for the next few months it looks like its going to flounder imo
What could possibly move this up at this point?
News? about what, a deal on a grow warehouse? how far off is that?
Filings? what filings?
Rumors? lets face it this has been rumored out
New eyes? pump? paid promo? what???
with 35mill on the ask at .001 its going to take a lot to move this up, can anyone tell me what that could possibly be at this point?
if it was going to fly the news of closing the deal on the grow store was it, and it tanked
this should be sitting at .0049 pounding the vndm wall right now
it looks like a slow slide for a while with nite notching down their 35 mill one tick at a time and eventually vndm jumping in as well soon and when that happens its a sure drop imo
btw, not hating or bashing just looking for answers and telling it as i see it
I suspect we will see a PR very soon followed by a pump and a lot of action... This should be one of those rockets that goes up really high really fast on vapor alone but I'd be careful.. it will most likely pop when it reaches its peak unless they either promote it or show some serious numbers/plan.
I haven't found any mmj play info here but anythings possible in pinkyland.
They are making progress of some kind, this was added to youtube just yesterday-
Indicators that this is about to start moving-
Record high 52 week volume today
VNDM moved up
Bid building back up from 0
load up on .0002s they will be gone soon and you can't say I didn't tell you when this is back in the .001s again (5 bagger+ about to pop and that will just be on insider buzz, way higher when news is out)
Reality is that when news hits any moment now this will jump up fast...
or as soon as someone gets rid of all of the scam info that was tied to the old company and has nothing to do with the new one
CLNP move'n up today!
Grow Warehouse Next
step 1 hire security/inventory control specialist - check
step 2 buy hydro store with inventory - check
step 3 secure grow warehouse
step 4 rent space to growers
step 5 sell hydro supplies and chemicals to renters
step 6 offer classes/expertise to growers for $$
step 7 networking in mmj to open new doors
step 8 develop offerings to mmj opportunities (branding/merchandizing)
step 9 expand cookie cutter operation to other states as legal
+20% of the way there
Now that this has actually materialized how do you not see legit opportunity here?
How many actual mmj plays have come out of the other side of the hype with something more than talk and an sec halt?
Now that this is real I think this is about to explode!
If we use past news releases as a guide here the trend seems to be an immediate sell into news followed by a sideways lull and then a run eod. Once the mms get a feel for where the resistance is they setup shop a few ticks below and unload for days.
If history repeats here this trend will become obvious.
The best hope is that VNDM stays at .01 and NITE fades, if that happens and QASP releases another PR we could see .01 by the end of the week.
The long wait on ACLP is about to be over, this is going to move fast.
Am I the only one that sees what has just happened here?
This empty shell (former scam) was just bought out by a private company that is actually doing business.
This should be on a run right now.
What am I missing here?
Reality check
After all of the delays and issues and "no dilution" VNDM share dumping it was starting to look like this was all just a share selling story-
now that there is actual progress and tangible action in the mmj direction the reality here is that the companies plan is actually true and now real.
This creates a few solid points-
no longer fear of any sec action, reality is the story is true
no longer true that this is a stock selling story, vndm at .01
company now has a second source of revenue
progress in the mmj direction is real and more opportunities are as well
If this is just one step in the new direction it seems to be a rather significant leap imo
Someone needs to update the dd so noobs arent run off by the old regimes issues... this is an instant shell merger/buyout without the excruciating wait. Legit company sneaking in the back door to become public overnight... could see .50 once news is out on sales/revs!
+1000% overnight!!!
This one is about to be off to the races once the entire story comes out over the weekend... multi-bagger next week!
Could be the newest mj play...
all natural mj beverage?
pot water... ?
Rhythm Rooster = Nature Bev = http://www.marathonmellow.com/
also - https://www.facebook.com/people/Alex-Hazan/100007153816709
Still no news?
hmmm, guess the infallible, every word is true, do as she says talk was all hogwash...
no update or communication on why the deal isn't done the first week of june as it was so insistently pounded into everyones head?
no building pps, no momentum or interest showing in volume?
lets face it this is touted as a major mmj play that is heading to pennyland... right? at least that has been the insistent pitch that is beginning to sound more and more like just another broken record pipe dream
too many holes in this one wouldnt you say? its a blind faith lotto play at this point... could easily be at .0007 again... or worse
lets face it, with the amount of hype some people are displaying it is sounding more and more like a bunch of shills or worried investors that are desperately hoping they werent conned into this one... its quite a turn off to anyone new stumbling onto this one and thats why the volume is fading
plus the flippers see it as an opportunity to sell now and buy twice as many shares back when it hits .0007
but thats only if you have any faith left in this actually happening bc every day that goes by is another day to ponder the possibility that bad news of a deal not happening, falling thru or unable to be funded with no cash could be the reason that there is no news...
I think you told me that two weeks ago too... back before it dropped to .0007 after news and VNDM dumping millions of shares into the run!
there is going to be a huge sell off come monday mng...
plenty of time for way cheaper shares next week!
Fact, QASP has released news of an mmj play and is expected to release news of a closed deal any moment
and yet the pps is only .0020 with less than 50mill in volume today...
that seems to speak volumes of the lack of confidence in this deal actually closing...
or the lack of confidence that the deal will close any time soon...
or lack of confidence that it is actually an mmj play at all...
or maybe all of the investors that got a taste of 2 billion shares being dumped into the last few news runs have moved on bc they know that any new news could get the same treatment and they have deemed this as just a stock selling pump with little or no long opportunities...
the more i think about this sec law firm being retained the more i'm thinking there may be an issue brewing... perhaps there is a greater risk of an sec investigation and they really needed an sec firm to deal with it???
could be no news and an sec halt.. that's no fun to have your money tied up for a 10 day halt and come back to a 90% haircut
Historically we can see that that is true but if its bad news it will come after hours... could make for a huge selloff Monday mng...
Or maybe no news until late next week, also a selloff until then...
Either way, no news today and there are great opportunities to pickup multiple more shares in the teens, so why buy them now?
Also, why hold and risk a bad pr after hours when you can sell now and buy back in cheaper next week?
Confidence has already slipped away and the low volume and pps prove it...
Such a big deal about to be announced and yet less than 50mill volume, not like anyone is rushing to buy... wonder why?
it is obvious i came right out and said it
this is a perfect stock to flip
no confidence
plenty of pumpers
fluff news that runs the pps
millions of shares flooding and drowning the runs
rinse and repeat
the ups and downs are where the money is here
any serious run is going to get snuffer out by more shares the co dumps into it
im just telling it the way i see it
i prefer reality... it shows a much different truth
if this was really a penny play and news was about to be released-
where is the volume?
where is the confidence?
where is the bid support?
where is the anticipated buildup that drives the pps up before big news?
let's face it, the (no) dilution addition of billions of shares has run off many potential investors, they got a taste of how this game is rigged when they saw the last two runs get smothered with VNMD unloading millions of shares into the news.
all you have left are the surfers that are playing the highs and lows
and the longs with serious money in the game are just giving their money away to the surfers and VNDM (QASP)
if you are long glty but reality here is that the odds are against you
better play to sell now and ride the wave when surfs up
I know, rather sad for as big of a deal that this is suppose to be...
looks like .0023 is the high of the day...
low volume
thin bid
no confidence
everyone is waiting for the teens i guess
you know, if you sell now and buy back in the teens you can increase your number of shares by almost 50% before the news run next week or latter this month... or whenever it is
could we see .0007s again?
that's not dilution (sarcastic voice)
that's just a slight modification to the o/s
ceo said no dilution so adding billions of shares to the o/s is something different... its just, you know, adding a few shares to keep the lights on... look at it as a positive, without that slight modification to the o/s the company would not have money to pay their bills and the pps would drop... so this is not dilution it is just standard mode of operation... dilution is something different...lol
What about a tweet... or a fb post? lol
I fully expect news today...
(recap from yesterday)
Another fluff pr stating that they are on track, that there is no dilution and, oh, there was a prank phone call to their new law firm by an alleged shareholder demanding information or they were gonna tell their mom... which is somehow responsible for a slight delay... but they are still on target.
And then we'll see another slow slide back to trips waiting on news of a signed deal while all the pumpers say how great it is to buy cheapies and make excuses as to why everything is going exactly as planned and restating over and over that there is no dilution as VNDM walls up the ask...
rinse and repeat
Now seriously, tell me this isn't an entirely likely scenario based solely on past performance here... but I for one luv it, makes for a flippers dream stock... up and down... sell high and buy back low... its like surfing the money wave!
I like that... maybe I'll have to coin the term stock surfing, sounds better than being a flipper ;)
That entirely depends on how many new (no dilution, just new shares [sarcasm]) are flooded into the ask... Its up to the company to decide how well they will reward shareholders or punish them with walls of VNDM and VFIN... if no new shares were added this could run as high as a penny or 2 imo but we all know there are millions of 'new' shares waiting to be sold into the news run...
I fully expect news tomorrow...
Another fluff pr stating that they are on track, that there is no dilution and, oh, there was a prank phone call to their new law firm by an alleged shareholder demanding information or they were gonna tell their mom... which is somehow responsible for a slight delay... but they are still on target.
And then we'll see another slow slide back to trips waiting on news of a signed deal while all the pumpers say how great it is to buy cheapies and make excuses as to why everything is going exactly as planned and restating over and over that there is no dilution as VNDM walls up the ask...
rinse and repeat
Now seriously, tell me this isn't an entirely likely scenario based solely on past performance here... but I for one luv it, makes for a flippers dream stock... up and down... sell high and buy back low... its like surfing the money wave!
I like that... maybe I'll have to coin the term stock surfing, sounds better than being a flipper ;)
Gotcha, so that means sell what you have now and double down on tuesday/wednesday next week when its at .0011
no sense holding when it has proven over and over that its going to go down until a real pr is released.
This qasp up and down is a flipper's dream stock!
tnx
Reality check...
Everyone agrees that this has the makings of a huge run when news of a signed deal is released... right?
however, what do you see before major news?
volume
Where's the volume here?
You know someone knows something and the word gets out pre news...
If this is as big as ppl think and it is about to happen there would be a huge swell building the day or two before...
where's the volume?
she also released news that a deal was done with a dispensary...
that fell thru too
just say'n
also listed on otc-
http://www.otcmarkets.com/research/service-provider/Brunson-Chandler-&-Jones-PLLC?id=5210&b=n&filterOn=3
So I can see the pr tomorrow eod-
We are on track, all is well, remain calm!
but we have a slight delay because our sec firm has a slight disbarment issue
I tend to agree with you on most points, however; if you group all traders into just one type your statement would be true.
I don't believe it is all weak hands that are selling now... smart flippers are selling now in anticipation of the reality that the law firm was just retained and an escrow account was just setup... it takes time and everyone knows it. Sell now and buy back in the low teens or trips as we just saw only 10 days ago.
It seems the company uses a lot of Clintonisms (I did not have sexual relations with that woman).. if you chose your words you can lie by omission and that seems to be the mindset of both the company and the "pumpers" (nothing against people that are touting in an attempt to help their own personal position).
ie. no dilution- chose your words and that may be true by some definitions but the reality is that you can label it however you like to avoid the word 'dilution' there are still tons of shares that were being dumped by VNDM that has effectively lowered the pps a number of times recently. Most would label that generically as dilution.
This has shown itself in a big way when the initial dispensary news was released... a few clintonisms later and here we are waiting for an mmj deal to close which in reality is quite far from the initial news that drew so much attention, its no longer an mmj play on a dispensary but more of a "we're going to be in the auto industry! bc we are working a deal with a company that makes floor jacks".
News?
SAR - stop-and-reversal?
So its just a chart play or is there something going on here?
.0008? that's it?
I was told that this was about to run big (sorry but I think big is at least a 10 bagger).
Thanks for the info btw