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Marijuana is NOT hemp. However there is that guilty by association factor placed on hemp due to the misconception of what hemp is.
This misconception is both good and bad.
- Good, because it puts a company like SIPC front and center within the hot MJ sector and investors have flocked to SIPC.
- Bad, because uneducated and misinformed people intertwine the two as if they're the same, and then try to induce doubt and fear so investors sell, by focusing on what little controversy remains that surrounds the federally "illegal" drug marijuana.
Hemp vs Marijuana defined.
Primarily, the two are cultivated differently. Hemp is grown agriculturally on a large scale, Marijuana is grown horticulturally on a much smaller scale. Each are grown for different uses.
"Industrial" hemp is grown primarily for its seeds and fibers which are then used in every day products like food, oils, lotions, fabrics, and even paper (the Declaration of Independence and the US Constitution were written on hemp paper). Hemp has virtually no THC, which is the psychoactive ingredient in Marijuana. Thus, hemp is legal to grow and sell.
Marijuana is grown and used for its leafs and buds. Marijuana also has a high level of THC and CBD. THC is the psychoactive ingredient, CBD the non psychoactive ingredient used for its healing and health benefits.
With all of this said, the guilty by association factor is not working in favor of SIPC or VATE shareholders at the moment.
But there are likely other factors involved in the downward pressure in both.
Not many investors can individually shift the direction right now, but I believe that collectively, the investment community will find bottoms and reversals in both and the trend will reverse to the upside, therefore I continue holding a position for the likely inevitable reversal.
Go SIPC and VATE
Rec
The year has only just begun. There are many positive actions at all levels that will impact the MJ sector in a beneficial way.
Over the years, the sector has worked through many perceived negative catalysts time and again. And despite any roadblocks along the way, no matter size or negative impact, the sector is stronger than ever and will continue along the path to victory per the will of the people.
Still holding sizable positions in SIPC and VATE with a vested interest. Just haven’t been posting much.
Go SIPC and VATE!
Rec
It appears someone or some entity is using large blocks of shares on the ask to induce selling into the bid.
It also appears that they don’t want to sell those large blocks either and are using small All or None (AON) hidden orders just below their large ask order so no large slaps can take out the shares on the ask. The smaller hidden AON orders will execute first, allowing the large ask to be removed at the sellers discretion.
This could be a smart trader who knows how to strategically use orders to their advantage, or an algorithm programmed to specific behaviors on autopilot.
Just my observations...
Long AMFE
Rec
However you called the general direction and timing...
I assume it’s because of your understanding of the options market that had its first monthly expiration date since the CBOE started allowing options on a legitimate exchange.
For future reference for all crypto traders...
CBOE’s bitcoin futures listings were originally set for three months, January through March. Monthly expiration was set for two business days before the third Friday of the closing month, and that was today.
Good commentary on the general direction and timing of it all Ramiel.
You don’t have to hit the highs or lows to do well...there’s plenty of action in the middle.
Long LTC from $44.60
First add on trade from $169.84 to $208.03.
Rebuy of trading position at $153.99.
Go LTC
Rec
Screenshots below if ya need to see....
Initial long position from $44.60
First add on position for trading at $169.84
First flip of trading position at $208.03
Buy back of flipping position at $153.99
Options expiration is 1/17/18 4 PM EST.
I have my alerts set for bargain bin pricing on any extreme volatility.
Long LTC
Rec
Lots of "alternative facts" floating around here.
Marijuana is NOT hemp. However there is that guilty by association factor placed on hemp due to the misconception of what hemp is.
This misconception is both good and bad.
- Good, because it puts a company like SIPC front and center within the hot MJ sector and investors have flocked to SIPC.
- Bad, because uneducated and misinformed people intertwine the two as if they're the same, and then try to induce doubt and fear so investors sell, by focusing on what little controversy remains that surrounds the federally "illegal" drug marijuana.
Hemp vs Marijuana defined.
Primarily, the two are cultivated differently. Hemp is grown agriculturally on a large scale, Marijuana is grown horticulturally on a much smaller scale. Each are grown for different uses.
"Industrial" hemp is grown primarily for its seeds and fibers which are then used in every day products like food, oils, lotions, fabrics, and even paper (the Declaration of Independence and the US Constitution were written on hemp paper). Hemp has virtually no THC, which is the psychoactive ingredient in Marijuana. Thus, hemp is legal to grow and sell.
Marijuana is grown and used for its leafs and buds. Marijuana also has a high level of THC and CBD. THC is the psychoactive ingredient, CBD the non psychoactive ingredient used for its healing and health benefits.
Now to address the TTB approval...
As of right now. SIPC is only being distributed in kegs to in state bars/restaurants. Distribution in the state where a beer is brewed does not require TTB approval, it is only required if distribution goes out of state.
SIPC has found success in their local market of Colorado with their Major Hemp Brown Ale (MHBA). So much so, that the next logical step is to expand into other states. And the easiest way to do that is via cans and bottles.
Yes, this would require TTB approval and certificate of label approval (COLA).
Since hemp is 100% legal, there's no reason not to believe that TTB and COLA approval are but basic formalities that SIPC must work through to get cans and bottles distribution.
I've followed SIPC through its early formulation days when MHBA was just a glimmer in the eye. Now MHBA is selling in 40+ establishments and I have no reason to doubt that SIPC is well on its way to widespread distribution in cans and bottles.
Hopefully this clears up some of the "alternative facts" being spread around here.
Go SIPC
Rec
Ironic how Sessions anti-marijuana stance and his decision to repeal the Cole memo is the leading catalyst toward potential fast tracked monumental changes.
Regardless of the outcome, I will never see Sessions as a hero, but rather view his anti-marijuana stance potentially leading to pro-marijuana change as an epic “karmas a bitch” slap on his lasting legacy.
Rec
I’d love to sit in on this meeting or be a fly on the wall.
This meeting could act as a speculative catalyst to fuel buying pressure first thing in the morning.
This is noteworthy, particularly with VATE where ASCM started playing with fire again earlier today.
Any updates from this meeting would be welcomed here once details start flowing.
Rec
Truth yes, especially if considering naked short positions and violations of Regulation SHO.
Go VATE
Rec
Solid take from the ask at .045. 175K shares dangled and snatched up.
Slow and steady here is ok. Building a strong base in the .04’s. Once traders/investors work through the low .05’s, there should only be minor resistances.
Go SIPC
Rec
There’s no set time frame a short has to cover, just as there is no set time frame a long has to sell their position.
However, taking other variables into consideration...
A retail investor who takes a short position using margin, may get a margin call from their brokerage. This happens when the negative equity in a short position is close to or greater than settled cash in the investors account. A brokerage firm in this scenario will force you to cover your short position or take action themselves.
Technically, a short position has unlimited downside risk if a stock continues to move higher.
A long position only has limited downside risk, based on the original principal amount invested.
Generally speaking, short positions in the negative are covered quickly, as in intraday or within a few days so losses are limited.
ASCM covered a good portion of their short position in VATE last Thursday. But I still believe they have more covering to do.
Hope that answered your question.
Go VATE
Rec
Correct, ASCM is working to control the box and letting the market dictate the direction.
If the market hammers the ask, ASCM will move off the top of the box.
If the market starts dumping to the bid, ASCM covers what they are shorting at the top of the box.
I believe ASCM covered a portion of their short position last Thursday in that brief window of time when the share price saw an intraday move of about .06 before settling back into a steadier range.
This morning, as pressure was building to the upside, ASCM moved up but stayed inside the top of the box while staying inside the bottom of the box so they could catch anything dumped to the bid on the way up, to cover what they were shorting at the top of the box.
ASCM has worked themselves into another tight spot. If we get to .11's, those 120K shares at the ask will likely get taken quickly by ASCM so they can cover some of the short position they've further created for themselves this morning. And if those .11's go, it should be just as thin above, as it was from .085's to .105's earlier today.
This is all bullish for VATE.
Just my observations...
Go VATE
Rec
SIPC and VATE should be easy holds now.
The perceived negative market sentiment over the Cole memo repeal brought widespread support ranging from the grass roots cannabis activists all the way up to powerful political circles of the house and senate.
SIPC and VATE are both proving their strength.
A favorite quote I saw recently:
“In order to be successful day trading, one has to make hundreds of correct decisions. It only takes one correct decision to be a successful investor.”
My decision is to hold as an investor.
Continued success to all in SIPC and VATE!
Rec
What an impressive promotional video for Snakes and Lattes!
Steve Tassie is not only a great ambassador for the gaming community, but a fantastic employee game guru for Snakes and Lattes.
Pay close attention at the 2:32 mark. This is where Steve promotes Snakes and Lattes being a publicly traded company as a wholly owned subsidiary of Amfil Technologies and discusses further expansion plans via franchising which has been announced and outlined in multiple press releases.
Should SIPC and VATE outperform 2016’s Grand Salami top percentage gainer, investors would be looking at $1.50+ on each.
I keep in mind that this is the OTC and anything is possible, especially when one considers historical percentage runners in the MJ sector, the favorable share structures of each, real products actively being sold, and the simple effect of FOMO (fear of missing out) mania.
Go SIPC and VATE!
Rec
ASCM absorbed about 70K shares late in the day, so they still may have a small position to cover.
I do believe ASCM covered a fair amount last Thursday during the brief stint that saw a move from .07’s to low teens. There was a lot of volume going off in that short amount of time.
Moving forward, a nice organic slow growth is my cup of tea.
Go VATE
Rec
VATE certainly has the potential you speak of with the hot sector for which they provide products, extremely attractive share structure with a very low float, and the collective effort of enough shareholders to fully realize all aspects of their investment in VATE.
Today was a great start to the week and one that supports a continued trend to the higher side.
Go VATE
Rec
L2 screenshot, ASCM doesn’t know what to do and is basically inviting retail to determine the direction.
I like this stalemate position ASCM is taking. They’ll move off the ask with pressure, or try to short...but the fact they are sitting at both the top and bottom of the box tells me, they want and need direction.
Go VATE
Rec
We all have days of misery, but I’m quite enjoying seeing AMFE in the green so far today.
And I’m quite comfortable with all of the information that I’ve discovered on my own about AMFE.
Sorry to those who are not pleased with what they can discover from the mass quantities of publicly available information so that they can make their own informed decisions.
And sorry to those who are having a miserable day.
Long AMFE
Rec
A fully reporting company with the SEC must adhere to proper guidelines.
Once audited financials come out, all shall be fully transparent, including any conversions done in the past.
Additionally, there are other disclosures that must be filed that show “insiders” positions, and any other party that owns 5% or more of a company’s shares.
Any time one of the above referenced parties, be it insiders, private individuals, or larger entities, wants to buy or sell, there are specific forms that must be filed so as to give the general public fair and proper disclosure. It is called a Form 4.
There are a variety of other forms that must be filed, but Form 4 is the one primarily seen.
In other words, once fully audited and regulated by the SEC, there is a greatly reduced risk of insider scamming.
Ignore those who hide behind innocent questions with ulterior motives.
Go AMFE
Rec
Audits provide transparency, which in turn allow for an uplisting to a higher trading exchange, which in turn eliminates the buying restrictions that are set in place by brokerages, hedge funds, and investment banks on OTC Pink Sheets.
In regards to tonight’s tweet, I have to believe Roger is well aware of how his companies “limited” stock performance is directly linked to the completion of the audits and uplisting and wouldn’t have written this most recent tweet without some sort of guidance with finality given to him by the audit firm.
Therefore, I’m now expecting audit completion within 2 weeks.
And in early celebration of full transparency...I’ll share a screenshot of my position so there’s no mistaking where I’m coming from. And yes, I’ve continued accumulating shares in this range.
Long AMFE
Rec
SIPC is NOT diluting!!
Saying dilution is the cause for SIPC’s recent share price decent is inaccurate. Claiming dilution clearly indicates a complete lack of understanding of what dilution is and being even remotely in tune with what the current market and sector conditions are that have been affecting share prices of many stocks lumped into the MJ sector.
This is the current share structure:
Need to verify this? Go here:
https://www.otcmarkets.com/stock/SIPC/profile
NOW...., link back to the post I’m replying to from July of 2017 to see that the share structure remains the same.
It’s always best to inform and verify for oneself, rather blindly accept what another presents as fact.
Go SIPC
Rec
SIPC solid organic growth, follow the picture story:
Hemp Beer started in kegs
Passed regulatory measures and found local distribution
Next stop, bottles and cans for national distribution
How do you think Samuel Adams, or any other small local brewer started out?
I love being invested in these early stages of a growth company :)
Go SIPC
Rec
That is an excellent and well written article that addresses the current state of MJ affairs since Jeff Sessions repealed the Cole memo.
Specifically, I like this part:
"The fact that marijuana has now risen to the height of top-tier budget negotiations is a sign that the pro-marijuana coalition is no longer merely a menagerie of loud-mouth hippies, stoners, and felons, as the pro-pot crowd has been characterized in the past"
"The best protection that Congress had been able to provide was the Rohrabacher-Farr amendment, which was passed in 2014 attached to an appropriations bill. It barred the DOJ from spending funds to interfere with the implementation of medical marijuana laws. But since then, a total of eight states have now passed full recreational use laws, mostly recently California, whose law took effect January 1. Rohrabacher-Farr (now known as Rohrabacher-Blumenauer, in honor of Democratic Representative Earl Blumenauer of Oregon, who co-sponsored the amendment) expire on January 19 if it is not renewed and does nothing to help recreationally legal states, hence the eagerness of marijuana advocates to shore up the industry’s legal standing with new legislation and Pelosi’s stated desire to bake in those protections in the budget that’s currently being negotiated."
https://www.politico.com/magazine/story/2018/01/06/jeff-sessions-marijuana-legalization-congress-216251
Day trading successfully requires making 100's of correct decisions.
Investing successfully only requires making 1 correct decision.
Not my words above, but they ring very true and are relevant to my strategy with AFME.
AMFE is an easy long term hold for me.
Long AMFE
Rec
This post touches on the reality of the stock market and the moral questions that arise based on the actions key individuals with major influence take.
It is easy to see this example from very recent trading action in the MJ sector that took place, based on the US Attorney General’s comments and repealing of the Cole memo.
This made me think how trading in the stock market while simultaneously sharing observations that may sway the emotions and opinions of others, and thus their trading actions, is a messy and risky business.
On a smaller scale, we all face a moral dilemma when we publicly share observations on a stock we own. We know deep down that taking actions that may hurt others is wrong. But we’re put in a position where choosing a side is necessary (long or short, in or out), and any moral compass we have is challenged by individual self interests.
With that said, it’s always good to be courteous, consistent, and responsible in how one shares their public views. This usually earns the respect from peers, regardless of side taken.
I completely ignore the so called paid DEmoters and steer clear of those who use fear mongering tactics. Regardless of their position, entering into any sort of logical discussion is pointless due to the absolute misrepresentation of what they often write and claim. I suggest not even responding to them.
Rather I pay attention to those who provide logical explanations with supporting evidence and well reasoned insight, regardless of stance.
I consider what I write, who I respond to, and the fact that my words will be forever eternalized in the cyber space arena.
Agree or disagree, I’m consistent in my views when I post, that any of my MJ investments, including SIPC and VATE, will perform to the upside for any variety of reasons including underlying company fundamentals (products, services, share structure, and financials), political climate, technical chart settings (volume, Accumulation/Distribution, RSI, MACD, Moving averages, money flow), and trading behaviors of market makers positions near or inside the box.
Been absent recently due to the holidays and family obligations, not for lack of interest or positions held in the market.
May your moral compass be balanced in your publicly shared views, and 2018 be a most profitable year for all!
Respectfully,
Rec
No matter what the catalyst for days like today stem from, they are necessary evils that bring balance to all market participants.
Frustrating as it may be, there is no reason to dwell on matters that one can not control.
I’m using every aspect of influence that affects trading, internal and external, to learn about and discover all opportunities on the buy and sell side.
I was not a seller today, rather a buyer by default in SIPC AND VATE. Some waiting bids were filled at multiple levels while I wasn’t even aware of what was happening in the markets.
Tomorrow’s yet another day to discover opportunities and be thankful to even be in a position to be making buying and selling decisions. It is up to each individual how they want to react/respond.
Rec
To address one of your questions, it’s not so much the taste that will entice consumers. It’s the curiosity and intrigue of trying a beverage they’re already familiar with, but with a slight twist: Hemp and CBD infusion.
Of course the taste needs to be somewhat decent, but that’s not what will make SIPC’s Hemp and CBD beer a potential sensational success. It’s the curiosity and intrigue that will. And of the many who try it, some will become repeat customers who enjoy the “buzz”, taste, or just want to be the “cool one” that brought the new Hemp / CBD beer to the party.
Go SIPC
Rec
The strength and resilience in VATE has “Elev8’d” this company into the spotlight.
A 64 million float for a Hemp/CBD/MJ stock combined with what’s expected to be the strongest year ever for the marijuana sector equals parabolic moves.
This could just be the beginning...
Go VATE
Rec
I have no stress over SIPC or VATE.
I do stress however, about my limited time to share commentary while supporting my positions. I believe it’s most important to provide insight in a manner by which others can easily understand, gain knowledge, and discover another shareholder’s perspective.
Knowledge is power and if I’ve helped others along the way, then collectively we are stronger as a community of well informed and educated investors!
I wish I had more time to express my views throughout the day. But family, life, and work, all intertwine and there aren’t enough hours in the day.
Side note:
I started investing a long time ago as a “rec”reational hobby, thus the screename I use “rec”investor.
However, I became disciplined and dedicated time and study to the hobby and it’s become quite lucrative over the years. So, I happily and openly share my views with the hopes that others may also find their own success.
Once again, I’m truly humbled by your kind words and support. Thank you Sleek! And thank you for the opportunities you so graciously share with the many.
Respectfully,
Rec
A few other posts some may find useful.
This one is from last Wednesday 12/20/17 when I was watching the action play out in VATE for most of the day. It’s about ASCM’s positioning as a squeeze was coming together.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137050179
And this one is about float lock, short squeezes, and supply vs demand.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137108707
Go VATE and SIPC!
Rec
VATE vs. SIPC commentary and market maker behavior.
I’ve been somewhat absent the last few days due to family visits and the typical “obligations” that come along with playing host. Therefore, I can’t fairly speak directly to the action that’s taking place throughout the ENTIRE day.
However, the times I’ve peeked in, I’ve seen ASCM in what looks like a very compromised position in VATE, and more recently SIPC. Basically, I still believe ASCM is short in VATE and now SIPC too.
I’ll explain a word I use called the “box” first. The box is the position between the highest bid and the lowest ask. The bottom of the box is the highest bid, the top of the box is the lowest ask.
I’m noticing 2 positions that ASCM plays.
ASCM position 1
This is when they are actively trying to cover. This position puts ASCM at the top of the bid, and just outside the top of the box. By staying at the top of the bid, any sells go to them, allowing them to buy shares back that they’ve borrowed. This is them covering their short position. They stay just outside the top of the box because they don’t want to build a larger short position for themselves by selling shares they don’t have.
ASCM position 2
This is when they are actively trying to short. This position puts ASCM at the lowest ask and just outside the bottom of the box. By staying at the lowest ask, they use lots of 5K shares in VATE, and lots of 10K shares in SIPC. As long as ask slaps aren’t coming in, they will walk the ask down to create the appearance of downward selling pressure. Simultaneously, they will keep moving their bid lower to stay just outside the bottom of the box, until they are ready to cover.
Position 2 is what initially put ASCM in a very bad position. Consistent ask hits were coming in, with size, and created a large short position that they couldn’t “successfully” cover. And they haven’t been able to completely cover yet, without creating an even larger short position, by putting themselves in position 2 time and again as they keep trying to short to walk the price down.
This is a bit more matured in its process in VATE than it is in SIPC, because ASCM started shorting VATE a few days before SIPC.
Today ASCM was able to start covering a little bit in VATE, but at a loss. And if pressure continues as it has, VATE can continue trending higher little by little if the majority of shareholders just hold the line, meaning hold their positions.
Looking at the trade tape from SIPC today, it looks like a mini short squeeze was triggered, much like what happened in VATE a few days ago when a short squeeze was triggered there too.
Additionally, the limited number of shares in the float for each stock, is making it even more difficult for ASCM to cover, fueling the squeezes that we’re seeing. VATE has a high chance of seeing a float lock, and SIPC does too. Despite having a larger float, SIPC has a much longer history of trades and volume, and therefore has just as good of a chance for a locked float because of a wider shareholder base to accommodate the larger float.
SIPC vs. VATE
I love both for different reasons, but the outcomes are the same.
I like SIPC as they have the product and storyline that works better. Hemp and CBD beer with distribution in cans and bottles.
I like VATE because the float is tiny. TINY! At 64 million shares, a float lock is easy with the sheer number of investors who are pouring money into the MJ sector.
Both have seen enough volume that float locks are possible in each. Both look to have been shorted heavily enough by ASCM to continue seeing a squeeze play out. Both have golden crosses on their charts as of a day or two ago.
Float locks and short squeezes, when in play, ALWAYS trump chart technicals.
There are plenty of other reasons to love both VATE and SIPC going into the MJ mania. But this post has gone on long enough already.
See everyone in the new year after the 8th, when I’ll be able to focus a bit more.
Go VATE and SIPC!!
Rec
My “theory”, now mixed with a short squeeze is pretty nice huh?
Go SIPC!
Rec
SIPC conservatively hitting new highs.
Conservatively meaning, this isn’t happening over the course of a day or two.
In the space and sector SIPC is trading within, it is quickly becoming a growth company that has unknown market cap potential with their Major Hemp Brown Ale beer and CBD beer.
Cans and bottles being distributed widely can have a tremendous impact on future growth.
Holding strong!
Go SIPC
Rec
Bump, go VATE!
Rec
Merry Christmas to all fellow AMFE shareholders! We experienced ups and downs in AMFE, but a most fantastic year nonetheless!!
AMFE's foundation has been laid. Audit completion should be the final layer to the foundation, and from there we can rapidly expand and grow throughout all of 2018 and beyond.
I'm looking forward to another very exciting year being INVESTED in AMFE.
Respectfully,
Rec
Merry Christmas to all fellow Amfilites! We experienced ups and downs in AMFE, but a most fantastic year nonetheless!!
AMFE's foundation has been laid. Audit completion should be the final layer to the foundation, and from there we can rapidly expand and grow throughout all of 2018 and beyond.
I'm looking forward to another very exciting year being INVESTED in AMFE.
Respectfully,
Rec
Merry Christmas to all here and the best in this coming year!
Based on the recent action that is taking form in the MJ stock sector arena, 2018 should be a most exciting year!
Respectfully,
Rec