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I feel a bounce up to $265 coming soon! Maybe short covering before earnings report on Wednesday next week
Panasonic just announced better than expected earnings due to an increase in sales of their lithium ion batteries to Tesla! Tesla must be increasing their sales substantially! Go TSLA
The Chinese government's policy of encouraging people to purchase electric cars and waiving the $12,000 licence fee is very bullish for TESLA! Go TSLA
Actually I was talking about the plant in California being worth $5 Billion. The lithium battery plant in Nevada will also be a huge cash generator for Tesla and Panasonic!
Exactly! Tesla's new plant is worth at least $5Billion. I believe Tesla's shares are actually undervalued given its very low float! Go TSLA
I like this passage from Wall Street Journal by Joseph White
"Each of the two global auto giants now increasingly encounter Tesla as a rival. Tesla’s Model S sedan, which starts at $71,000, competes with Daimler’s Mercedes S-class and Toyota’s Lexus LS sedans for the most affluent consumers in the U.S., China and Europe."
Bid/Ask spreads getting larger! This is ready to move big time! Go TSLA
Looks like Korea is the first major step in a Global Strategy after getting the Trademark for Vitacig! Getting a Trademark is not an easy process! I believe this is the turning point after going through some rough waters. Go Mcig
Just added 20,000 shares! Things looking better! Go Mcig
WOW! This news is extremely positive! Go MCIG
Everything is getting sucked up like a vacuum cleaner. Tesla should be $20 higher by the end of the week!
The volatility means the stock will rise more dramatically once it is in tighter hands! Lots of bouncing means higher prices!
Major run towards $300 next week?
Today is definitely a loading day
Probably some more comments! LOL S1 in 2015 most likely
The Market Makers would have bought at .23 and shorted at .285! They would not purchase the 90,000 shares at .285 to short!
Who would buy 90,000 at .285 when the shares were trading below .25 unless they know something positive is about to happen?
Hmm.. must be some news after the bell?
Actually, this looks like the perfect time to buy SolarCity!
Wow! This stock is terrible! Nothing tangible!
Mcig just churning in the .26-.29 areas for a few days before heading higher!
Its probably because the Dow is down 250 points! People are just waiting. Mcig looks good here though!
I agree the sellers are gone!
After last weeks capitulation, and today's short term profit takers, then Mcig should fly to .50 by next week
Some nice back filling! Mcig about to move higher! Go Mcig
Looks like we cleared the opening short selling! Time for Mcig to move up for the day! Go Mcig
Nice close! Looking forward to some news
.30 printing...time to run! Mcig
This is awesome! Go Mcig!
Why would anyone want a one hitter when they could have a true vaporizer?
I'm surprised a bigger company has not tried to buy the rights to Vitacig and mass market the product in a large retail chain like Costco!
LOL..that is true! MCig picked New York because of its size! They should follow up with the MJ states!
Gee I hope they announce it next week since I bought in for 60,000 shares today LOL
If you really think about it, if MCig required capital for expansion then they would have floated more shares in the 50-60 cent range to raise capital and not have bothered with the Vcig IPO. By focusing on corporate objectives versus the share price they are moving in the right direction with no intent of dilution! Although the fall in share price is frustrating for investors leading many to bail out, today looked like a day of capitulation!
Its total capitulation! I bought an hour too soon! LOL
WOW! Negative sentiment is very high! Must be a good buying opportunity!
I personally would not count on the IPO! It is more important that MCIG develop some retail channels!
Sorry it didn't work out for you! When everyone sells it is usually the time to buy! When people are too optimistic then it is time to sell! If you believe this is a big scam then you are doing the right move! The whole market is very bearish the past week!
It may go down to .20 but I believe it will rebound quickly!
They are probably in a quiet period where they are not allowed to say anything. This has alarmed a lot of investors! The SEC probably requires this!