Ultima ratio regum! give me oysters and beer for dinner every day of the year.
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Wrong about what?
It's the same story for all of these otc companies and IMO MDBX isn't the worst of them. They should have access to tons of capital. We will have to see if that will translate into growth of the business or management's bank accounts...
Im fine with dilution for value. Like you said no way they can ever sell enough machines to justify their valuation...
I honestly dont think that their vending machine is their best asset. IMO their stock is...
Imagine if they could leverage their stocks crazy performance to raise money to do r&d, joint ventures, enter new subsections of the mj space, and do acquisitions. They could really grow the business's assets and upside potential for shareholders.
There is so much potential to create real value here (not necessarily increase pps) if management decides they want to. It remains to be seen if management cares about building value for shareholders or are just in it for themselves...
News looked great. A little vague, but great.
http://ih.advfn.com/p.php?pid=nmona&article=62046336
Any idea who this major sub-tier supplier to the aerospace industry listed on the NYSE with a US$5.5B+ market cap could be??
Seems like they need to do a better job getting this kind of news out and getting investors to take a look at TPAC.
Stinks to see news like that and no positive movement in the pps or increase in volume. At least it gives those watching a chance to pick some more up in a company that seems to have a lot going on...
It isn't!!! All of these mj stocks are running on speculation. MDBX, along with all of the other very high flyers, are more long term investment imo for one reason and that is because its valuation and stocks performance should make it easier for the company to raise money and grow quickly. One day MDBX might actually be worth $1 billion if management can take advantage of their current situation (cant say the same for some of those fly by night potential 10 baggers). MDBX has an opportunity to succeed imo bc they have access to capital that other companies dont. That being said i dont think we will be seeing crazy returns here anytime soon.
In looking for fast money in this sector I think the most potential is in the under the radar mj stocks that could blow up from pennies to dollars in days on strong news with a tight float.
MDBX: an mj stock that may actually retain and build long term shareholder value but is not going to be jumping drastically up (or down) anytime soon imho.
Perhaps I am being naive. Any insight??
Do we think OTCQX U.S. is realistic?? If so it is very exciting...
Same. Looks like support has thinned out a bit. Lets see how it trades today. If I could pick some more up under .025 that could be pretty good.
Link to where u saw that please...
Doesn't seem to make sense. A lot more requirements for qx
Shorting during down trends... Why??
So I guess I'll hold off on the yacht for now lol
We are all going to be so rich LOL
Volume slowing, price falling. We need some very big news to jump start MWIP back to life.
No proof of insiders loading but that is certainly one theory. IMO the 120% jump up was just a result of investors hoping for a more exciting 10-q.
Waiting for news and anyone in at these levels makes a nice roi imho...
That's pretty exciting. Cant wait to see who they end up with...
"I'd rather have a stock with less than the current 105 million float and higher price to keep it harder and more expensive to manipulate"
Cant argue with that. GACR is building their business nicely. They need to stop playing these penny games and get serious about fixing the issues with their stock so investors can invest on fundamentals and not have to worry about typical penny craziness.
I would rather have one share worth .20 with room to grow than 20 shares worth .02 with no movement in pps. In theory a r/s would be very good for shareholders as long as it isn't followed by dilution.
The float is to big for us to see meaningful increases in pps imo.
We keep getting good news but the price isnt moving!!
IMO its not a matter of if news will come but when. When news does come OSLH will run. Until then it is just time to accumulate on the dips flip some on peeks but hold most for when news comes.
OSLH is the mj stock with the most potential for huge gains imo.
GLTA and go $$$$$$OSLH
Maybe the CANV will be worth nearly $1 billion one day. Oh, wait it already is being valued at that. IMO there may be some value here but not at this valuation. I understand that the entire sector is over valued and running on speculation but for the amount of risk here I just dont see the upside.
Can anyone tell me why this would be a buy at these prices??
Quiet around here. Calm before the storm??
Volume is pretty solid today...
Waiting for news and then OSLH runs hard.
No scam here. Hopefully you will come around and pick some up before take off or you will probably be kicking yourself.
P.s.
Hope your not short bc then you have much more than missing the boat to worry about...
News isnt going to help imo. We need a reverse if we want to see any increase in pps. Way too many shares out there and not enough volume. If MSPC could trade a couple 100 mill shares a day we might see some movement but with less than 10 mill trading the pps will not move.
Id say the odds of the SEC halting trading are as good as CANV going back to $200 lol
As is the case with every other mj stock out there. Look at companies like CANV or MDBX, two of the largest players with market caps of almost 1 billion each and tiny revenues of 2 mill. Any mj stock could bring 2 mill in revenues onto their books pretty quickly with an acquisition (they can get acquisition funding pretty easily due to the way they trade).
Investors are interested in these stocks because it is their only way to invest in an emerging industry that everyone knows will be huge, explaining the crazy valuations. Very few of these stocks will truly succeed in the long run but some might and the hope is that you get in on a winner, or at least get out of a loser at the right time. In the short run fundamentals arent terribly important for these stocks, ITS ALL HYPE. In one year OSLH could be in the same position as CANV or MDBX trading at $20+ (with runs to over $100) with nearly a billion dollar market cap. Returns like that are what everyone hopes for when investing in pennies but few ever realize. MJ stocks have shown that it really could happen. There are actually a number of traders who got in early on mj stocks and made millions.
Imagine investing in OSLH today at .07 with a 10 mill market cap and watching it go to over $1 to a 150 mill market cap. It still wouldn't be as overvalued as MDBX or CANV.
There is big money in spotting these under the radar mj stocks and waiting for them to climb with news. It already happened once with OSLH and imo can easily happen again. News will tell if this thing is the next hot mj stock or just a pump but imo it is better to get a little in now and lose than miss the boat and miss out.
imo GACR needs to do a reverse if they want to see any increase in their PPS. that being said I dont think they will be doing a reverse with the intention to uplist, at least not right away. While a reverse may get there shares price where it needs to be they will almost definitely not meet the other up list requirements for a long time.
https://listingcenter.nasdaqomx.com/assets/initialguide.pdf
http://www.amex.com/equities/howToLst/Eq_HTL_ListStandards.html
Why? What is it that sounds like a pump and dump???
I agree with Rookiestockpicker that OSLH will hit previous levels. IMO the loading on Thursday has nothing to do with why OSLH going to .20 but Thursday's trading does show how easy it is to move OSLH. Very little volume, compared to what OSLH saw on its last run, jumped it up 100%. Last time OSLH ran up past .20 the market was just looking for more news and a reason to go higher. More news didnt come, buying slowed, and the price began to fall on low volumes. With news will come buying and with buying will come a great increase in pps imho.
A lot of speculation here. The jump in pps could be attributed to a number of things imo. Could be insiders, like you suggest, or investors realizing that OSLH is under priced compared to the rest of the mj stocks or shorts getting nervous of impending news from this low float runner. I believe that part of what we saw thursday was a short squeeze. .03 was pre mj levels. someone (insider or not) must have picked up on that and started buying moving the price on this delicate stock up. Shorts thinking that the person buying knew more than them started covering to avoid further losses imo.
Yes OSLH is pre revenue but so are a lot of OTC stocks. OSLH runs on news for two reasons. (1) The one press release was very solid with reputable parties all disclosed in an 8-k and (2) the float is small and tightly held. This is one of the most exciting plays in the mj sector imo. Way under valued compared to some of the other pump jobs out there. While I agree OSLH isnt a long play as of yet with more of the right news it could be.
IMO they need to show that they have raised cash, have more news with well known industry players, and provide details on what makes their canabis strategy different than all of the others.
Last time OSLH came out with news it traded millions of dollars in a few days (check out post # 1968). No pump just one PR... $100,000 traded on friday resulting in a 100% jump. Imagine what will happen when news comes out and the big money comes back.
Nothing too exciting in the Q.
Financials are from feb 28 of 2014. Thats prior to OSLH's entry into the mj industry. Expecting to see stronger financials next Q.
Recent developments to the business overview:
Recent Developments
The website launch provided valuable feedback on market acceptance and functionality. The Company did not raise sufficient capital to execute a comprehensive marketing campaign to consumers and retailers. The success of the Company is dependent on its ability to obtain sufficient funds to market its offerings to consumers and merchants.
On March 10, 2014, the Company announced its entry into the legal marijuana market. The Company contracted with a legal medical marijuana dispensary in California, The Natural Way of LA, to develop marijuana production facilities in California. The Company intends to form a separate subsidiary to create production facilities in states that presently have legal medical marijuana dispensaries and also position itself to accommodate the growing recreational markets in Colorado and Washington and elsewhere as legal recreational markets emerge. The Company intends to spin off that subsidiary to its existing shareholders after complying with necessary governmental regulations and procedures. In addition, The Natural Way of LA has executed a marketing agreement with the Equality Rewards division of OSL committing to participate in Equality Rewards.
OSLH is pre revenue so seeing a loss isnt a big deal. The explanation for the larger loss seems to lie in derivative liability.
Operating expenses seem to have decreased substantially which is a good thing IMO.
Pretty good news toady. Nice to get some more info on Blackhawk. Another 4 mill in revenues for GACR's next filing and and extra 400k a year in profits. Vertical integration is nice here.
Stocks down a little today. The company seems to be making some positive steps forward but the stock is not...
GACR needs a reverse imo...
A little green is nice. Previous prediction was $15 by eow. New prediction if MDBX doesnt go below 15 this month it wont be going that low for a while. April has been tough on mj stocks...
shorts getting nervous. Bid stacking. Ask climbing. No one wants to give the shorts real shares. Get out now shorts paying twice what you sold for is better then paying 10 times what you sold for lol.
Nice to see some green this morning. OSLH is one heck of a roller coaster!!!
Still a good time to buy IMO going back past .20 easy with good news.
My guess is they didnt want to show his relationship with another marijuana otc stock...
I would say 25% chance of news but MSPC needs some if they want to keep this action going and see a increase in pps.
Kind of unrelated but do u have a link?
Did they sue iHub?
In any case I think most of the concerns posted regarding MDBX are legit but repetitive. In many cases those with concerns find themselves posting them over and over to make it easy to find for new investors on the board. IHub should make a better way to organize the positives and negative rather then just rewarding those who have the time to post the same thing over and over again day after day.
No need for a reverse IMO. less than 200 mill o/s.
Shorts made money but news will squeeze out any of those who didnt cover. It looks to me like very few people have shares for under .05. Shorts are still here imo and they will get squeezed with news. OSLH is extremely volatile bc of the small float. Its easy for shorts to manipulate when there is no buying but when news hit they are screwed imo. OSLH is easy to push down but with the right news can skyrocket again. More eyeballs on this than last time it jumped and shorts playing with fire. OSLH is poised for a HUGE jump. Just waiting for the last ingredient to this perfect storm... NEWS
could be a good time to pick some up
Nice to see a little green. .02s seem to be a solid floor that has been tested over and over. Always seem to get a bounce out of the .02-.025 range.