Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Cover cover cover those 12’s are scary lol
TGOD emblem fincanna atlas cloud... these are a few of their holdings. When TGOD goes public rks Cruof should go b a n a n a s
That’s the fund tied to mjne
http://www.macmasgroup.com/team.php
Found a needle in a haystack via some 8k DD on a company that’s very very very interesting.... That everyone missed. 🤫 in due time pic.twitter.com/W8yY8BrofH
— Jason Spatafora (@WolfOfWeedST) January 9, 2018
That’s a 10,000 share short at 7.95 don’t let the wall fool u. They are fucked
This is a scalpers wet dream, but u need nerves of steal. Let’s get back to 2650
Me too
Got a 100,000 at 235... let’s see
Last 2 times it reversed it went up 11% and 19%
They aren’t going to get out of chapter 11...exit
As a rule playing otc once u go down 10-15% pull off the bandaid... if u don’t have an exit strategy u will not last long.
This isn’t going to RS... people are dumb
We should be getting an update by end of day. I know they went through approval process with the city and fire department based on previously stated events. Sometimes departments don’t communicate thoroughly which sucks but shouldn’t be too bad. It’s going to dip because most people don’t read news but it should recover if all gets ironed out.
The fact they voluntarily halted it and the markets allowed them to do so is a positive sign. U can only do that if you have grounds.
How does this trade 50m shares and stay Red... ohhh VNDM on here, now it makes sense.
I don’t think it’s “people” i think it’s shares that were covered on way up to try and trigger a sell off. Don’t think retail would sell in order to hold another 3 break since the historic chart has it going to .0568 off that break level...
The lock up to 7 makes this interesting
All of the stock is essentially shareholder owned. CEO couldn’t sell anything anyway for 90 days after being current and only 1% anyway, more likely is nothing gets sold period until Boustead 10m private placement is completely as well as acquisitions etc. There’s nothing in the way except MM’s and each other. Naked Shorts are just screwed period. Good day...
With the tax loss carry forward getting factored into price it puts byoc at a 40m valuation... which is .05, but that doesn’t factor in Boustead $10m pp, acquisitions and the value of those acquisitions in open market....
Give it a month or two & we can see some fireworks.
Bet this has another 40% in it. Accumulation is strong.
Not that it matters but some kid is telling people he’s me... I’m verified here’s tweet confirmation
So this twirp in a stock called $CREG must be a bit scarred or trying to dump if he’s telling people he’s me & then telling people I’m #Short ... here disclaimers not long or short, but think I’d rather fuck a goat than own this garbage. pic.twitter.com/YO1TqL5Yv4
— Jason Spatafora (@WolfOfWeedST) November 13, 2017
Les u haven’t debunked anything... even Bill Chabaan got a company to a half billion dollar market cap. Just stop posting. All u guys need to get a life and just trade the stock. This is like watching republicans and democrats.
No... if u buy 100,000 shares u can only get 50,000 shares via the warrant.
From 8k:
“shares of common stock at $0.25 per share and a warrant to purchase an additional 50,000 shares of common stock at $0.50 per share.”
Ok in looking at the 8k regarding the placement it looks like some would be buying the pp round at .25 with a “Half warrant” at .50... although let me say the way they worded it is different that PP’s I’ve seen before as they are either called half or full warrants. We can deduce that this is a half because we each know how to divide (so at least we can all agree on that).
so what that means is this...for every 100,000 shares it seems you can purchase an additional 50,000 shares (hence half warrant) at .50 if you choose to do so. Typically warrants are good for 36 months.
So let’s say the price goes to $1.00 because they have amazing news or crazy revs whatever. People that invested could now exercise all or some of those warrants at .50. It’s not free stock buy any means (although discounted) they have to pay for that stock and proceeds go to Mcig.
.50 is what’s called the strike price which means they can only get the warrants if the price is over .50 if it drops to .49 they can’t exercise. Typically you would never exercise a warrant at the strike price because why the hell would you, i think of people are looking to exercise they would be looking to do so above .75 because there’s a 50% return on it, but some will exercise at 55, 60, 65, all the way up. Remember you have 3 years typically so if this is $5 for example you can exercise then and get .50 stock.
Important to note is that the placement isn’t that big so you would only be looking at half of the PP value in terms of dilution, but also if this is trading above .50 or .60 for example it will be trading over $5m a day as it has historically so the market will support it. Another note to consider is no one will be able to blow out of their entire position in a day if volume is low as note holders have to be under 20% of the volume but typically stay between 10-15 as brokerages will demand it these days.
Proceeds from the PP are used for company to buy grows, expand construction etc. they are not toxic convertibles. They set a ground floor at .25 in this case and are usually subject to a hold period unless done through an S-1 registration... so we would be looking at a mature date of May 1st before anything could be sold into the market.
So summery:
.25 is the entry with warrants exercisable at .50...
I’d be good with PPS action up there because it will mean the money was used wisely. Hope that helps.
Sure. Give me a few. Just driving.
Like i said when news dropped about the placement they needed to 8k it, this was a mistake by them to not get it out. Now if we get an update on the placement ie how much has been raised that will set a bottom at .25 with speculation towards strike price of the warrants.
I’ll take a bounce from .1258, not a reset but if MCIG starts putting out MJ news instead of tech there could be a nice move. Historically the pps has always done well going into late December and early January. Paul just needs to stay on point from now until then.
Might have to update that $1.20 trend target... blew through that. Looks more like $2.20 at this point.
Can’t dilute until current... look at other runners like frf$... stock (old debt) can’t be converted. Also note that because this hasn’t been active in years those notes if any likely have expired.
I’ll roll some dice
Finally some news... and great timing i might add.
Ceo just sold 250,000 shares and u suckers bought them...
https://technical420.com/cannabis-article/india-globalization-capital-ceo-dumps-shares-amidst-major-company-turnaround
The trend is ur friend
I almost want this to get smacked down and break that $1.15 range so we can load up on a panic dip. At $1.1 or below I’ll re-enter on retail side. Still have my 43,500 PP shares and 21,750 warrants... we shall see
So much buying and holding. This chart says 1.25 plus if we have a similar week. News and this breaks out huge.
I asked an MM about signals and he said while not likely 411 use to mean in some circles “control the Box” because unseen bids were stacking & if they shifted u could get a 911 if they shifted from bids to slaps that jump the ask...
I don’t know what time those trades happened but maybe someone with level 3 saw something. Not sure if volume poured in after...
Or it was just some idiot wasting money for a giggle.
Keep the pressure up. Squeeze will be epic
Syndros is a better drug, that’s something Abbvie needs is my point and they have tons of money to do it. I wrote about it in Forbes last July.