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Does look good. We are gradually stretching higher with new highs and lower lows. I really like the fact how we finally broke past the penny barrier a few days ago. I'm still waiting for the huge multi day run to .02+.
Just a thought.....I often noticed when PRs get released it's a delayed reaction. It usually spikes, drops off, and then a few days later is when the multi day run occurs. I've seen happen multiple times with these penny plays.
If we get through the .009 resistance I say we close above a penny.
But a final ruling I thought was scheduled for next week?
Wait until we get a final decision by Judge Oing that should really help to. Big days ahead.
It's either going to go of 2 ways - we get an official PR and this gaps up tomorrow or this is the next consolidation phase. volatility definitely seems like it has calmed down. I like how it showed major support at low .006s today. Higher lows and higher highs. Slow and steady wins the race. An official final ruling next week regarding the IR case should definitely help get this above a penny again as well. I still think the big catalyst in the near future is the IP grant news.
Yep, I'm just looking at the big picture, and the chart is still saying this is in an upswing. I believe it was mainly IR that brought this stock down with threatening to liquidate all their assets. This is slowly recovering from that and I think there are some huge news announcements ahead. I like the fact that we have a great board of directors with outstanding credentials. If this dips in the high .005s ever again, I will be the first to say that I'm selling out as that would start to indicate a downward reversal. Until then, I'm not falling for the MMs games. IMO.
Agreed. The key is we keep making higher lows. It seems like we were stuck in the .004s and .005s forever. Then we climbed up to the .005s and .006s. Now hopefully we can keep in the .006s and .007 range at least until a PR comes out. I really feel that the next PR is going to huge and push us to at least .03 - .05 range. I think it's huge that we have a final court day set this month. That could honestly be what is holding up any kind of update or huge PR release.
Finally, we know the date!!! Thanks so much. I believe this could spike a huge run!
Agreed hang in there strong. The chart still looks good, higher lows. Eventually a PR is going to give this the juice it needs to start a real run.
You are correct. Something big is brewing.
Clearly chart is in an upswing IMO.
Looks like amateur hr is just about over.
Can you imagine if we got IP grant news on top of this. This would instantly be at least a nickel.
Agreed. You should go back and look at Gempicker's post history. I think he explains it best on how the increase in A/S will be used.
People can buy it cheaper from drug dealers rather than pay some crazy high tax.
The way some people make it sound is that it's going mainstream like alcohol and everybody will be doing it. I live Colorado, and nothing has changed since it has become legal. The ski resorts sure don't want the pot heads over taking the resorts or that will scare away the big money from tourists.
The fade is slowing wearing off with MJ stocks. Not near as hot as they were in Jan/Feb.
Depends what kind of news is released. IP grant news and I will be gladly to pick up some of your shares you sell at .02. IMO I think we could easily hit a nickel with news on that.
You were right...stock was volatile this week ;)
Wow, never thought in a million years it would be down here again. They just need to release their dang NP-1 already. Gets much lower and I might have to jump back in.
Very well said!
That's what impressive....such low volume and we holding strong on price if not slightly increasing. Look at the chart.
Nope...it's more like .005 and .006s now
Just like I'm still waiting for that increase in volatility this week ;)
You read my mind - seems like there is major resistance around .0061. I was thinking of doing the same thing to pick up some extra shares. My luck we would get news over night about IP grant or some kind of partnership/financing and this would gap up above a penny tomorrow morning.
I agree about this being tightly wound. I think it's going to stay in the .005 range until we get news. This has really created a strong foundation/base at this level with very low volume. It's very simple. It's the waiting game now with boring day after boring day until we get some kind of update/news.
I think it says a lot if we are able to hold at the current pps with such low volume. IMO people would sell and play another penny stock with more swings, but everybody is afraid to sell knowing that news could be released at anytime. It could certainly be still 6 months off but at the same time it could be tomorrow. The problem is we don't know. It definitely test our patience.
I think IP grant news too. That would create speculation and hype of those two things.
Haha I was going to say....if you've waited this long, you might as well wait a little bit longer. IMO we are so close to some big announcement. Pps is holding strong.
I thought that's why we have the impressive board of directors, to handle more of the business side.
This week hasn't been volatile yet as you have stated. The pps has factored in the a/s increase announcement already, hence why it's still below a penny IMO. The pps is assuming the worst case scenario. Any positive news and this will rocket IMO. The chart is slowly starting to show a bounce/reversal from the low .004s. IP grant news should be coming in the next couple months. It's game on then, even with the additional shares brought into the open market (highly doubt that's happening). Prepare for speculation talk of a BO or partnership at that point if one doesn't occurs before then.
I think it's the quality of people they have on the board that gives me comfort compared to a lot of other penny stocks. They definitely have some impressive credentials.
Agreed. Just like multiple people have stated on this board, I think the fact they aren't coming out with fluff PRs all the time like many of the Penny stocks is a good sign. It shows they are not worried. I definitely think it would be most advantegous for BO or partnership where we would have huge money backing us to hurry along the process of opening up clinics and taking advantage of this great technology.
The crazy thing is it could be in the works and we would have no clue right now (highly doubt it). They could have a deal already made with a large pharmaceutical company contingent on finalizing the IR case. Dam, I wish we could find out when the final ruling will be with Judge Oing or if there is even going to be one. I sill have a hunch that is why we are hearing absolutely nothing right now from the company.
I thought last week was pretty decent. It definitely seems like we are making higher lows and a reversal pattern has formed. I'm hoping next week we can stay steadily up in the .006s. As time moves along, shorts are taking a bigger and bigger risk of a PR coming out and getting caught with their pants down. If it's the right kind of PR I believe this could easily gap above a penny and go up from there. IMO I believe we get news about then opening a clinic first and then IP grant news. Didn't some people think that the IP grant news should be coming this month with it being exactly 20 months. Once we get IP grant news I believe we will run to the .02 -.04 range before next big consolidation.
We just need needs/update at this point. I feel liked if he farts at this point it will go up big time. We haven't heard good quality news or update from the dr. himself since the shareholder letter. Clearly IMO, we are putting the IR distraction behind us and moving forward with a lot of great things in the works. The chart is reflecting it as well as it's starting to recover.
I think once we do get news this could easily gap above a penny.
Very well said. Because they're not coming out with continuous "fluff" PRs like most penny stocks speaks volume. We don't get a whole lot of PRs but I think the next one will be huge. Financing deal or IP grant news and this will run to .03-.05 range within a two week period IMO.
Like the fact we are in the .005s and .006s compared to the .004s and .005s not too long ago. Time to go parabolic with some news.