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.
Abbvie inc should just buy insy out. Makes those most sense and roi is worth paying the fines and making the purchase since they already have marinol patients that would use syndros
Yeah I’m happy with 1.5-3.5% a day with a strong base forming all the way up. Doesn’t need to be a rocket ship out of the gates. Just a gradually incline going into the next material event and then boom. Could look like lrttf in which case this is over a buck.
I’m sure this has been posted, but for the new people joining the board this is a good summary....
http://marijuanastocks.com/connect-the-dots-cnrp-mining-inc-crpgf/
Hopefully we get a good Ceo that understands capital markets.
I try not to comment on here but all this talk of notes is embarrassing to read ie I’m embarrassed for the people that try and push this story line.
George Pursglove CEO won a judgement which gave him sole control of BYOC (see filings or court records) also any notes that may have existed once, if any have elapsed. Meaning the statute of limitations on them has passed which would make them void at this time. Also after speaking to Boustead myself they won’t touch anything with toxic funding because it would hurt their investors as well as their equity raising ability within their network. Considering their last raises have been wins why would they risk participant money on something that would fail? They wouldn’t because in the private equity world you are only as good as your last deal. That’s not an opinion that is the way it works. Good luck & condolences if u take that bate.
Mcig cbd sales are all international, was a better market and fda was looming... this was smart, but cbd isn’t a driver of market cap
Looks like a scalper trying to flash and crash. Putting up nearly identical dollar amount up on bids and asks.
Hell no... why when they can just wait them burn out. They have nothing anything wants. The science is evolving faster than they can sell stock.
Shorts aren’t really shorting hard, the magic number to gage how aggressive they are being is 39% or above. This is retail leaving...
Well... sadly that’s .16 didn’t hold now we are looking at .1550 as a mini support, but that will likely break maybe not tomorrow but just like .16 couldn’t hold it will fall... most likely the very bottom I think it could see (20% chance imo) .085... but that number jumps up if they do another PR about tech or a website. Having a 96% sell rating doesn’t help either...
https://www.barchart.com/stocks/quotes/MCIG/opinion
This is going to run like LRTTF... mark it
Hey man, it’s ur prerogative & ur money. Do what’s best for u, no one has a gun to your head. Maybe one day u will share the same excitement as people in this board. Either way good luck.
No way this is possible... comes down to money in the bank and they can’t raise capital when they are illiquid.
https://technical420.com/cannabis-article/will-igc-deliver-or-go-smoke
Cdel is stuck. Clear as day. Hold on will slap 100,012... then finish response.
They are trying to cover, ive it the ask 5 times and they keep dropping it under .0001.
They are called Desk Clears... they show up as T-trades. When u get a volume spike or big order they are shown end of the day so they don’t influence the market. Pretty sure those were buys because this is green. Hope that helps.
Someone somewhere just put their nuts in a door and slammed it as punishment for hitting the bid at .017 yesterday... congrats guys this is blue sky territory if some news drops and there’s a naked short this is going to look like thcz circa 2015 when it was .02 and went to .33... or USRm in February
That’s a good bet. Look to trim some in the mid 1.40’s imo
Bought deal was .20 below market. Was gonna come down and create a little panic in the process got some between 1.3-1.35 but also got lucky trimming on that big pop to 1.66
Someone Take that wall out of the dip shit at 185
No it was me tagging it with the end number. Protect that bid people. Slapping is the hard part.
Lol cuz I just slapped 180 & 195 for 320,024 but each had a 12 on the end.
Watch for trades with a 12 at the end...
Ascm in a tight spot here with regards to the box. On the ask as well as on the bid so in essence covering their short on the bid and selling it on the ask. They are boxed in, but will only get squeezed if... dummies stop hitting bids (ur allowed to sell on the ask) and the ask gets slapped for more than they are on it for.
Lots of people got shaken out of this end of day because ascm used the same shares they had to buy/cover to hit bids and cause a little panic with the weaker hands (it happens) but some benevolent soul saw that and immediately started hitting the ask or jumping it by .0005 end of day which caused a little micro squeeze for a green close. Consider what happens when everyone employs a smarter trade plan.... Macro squeeze
Good luck Longs
$TURN will put up a good earnings # this qtr. I'm calc abt $6.5 - $7.5 increase for public stock portfolio $.21- $.25 increase in NAV
— Wall St Arb (@WallStArb) October 6, 2017
Buying $TURN DEC $2.5 CALLS @ $0.05 can't get filled on MAR
— Wall St Arb (@WallStArb) October 11, 2017
Options market maybe. Seeing some $2.50 calls.
Nothing material. Just wanted to get a better understanding of the market size etc. I trimmed some but still holding over 50,000
Les... I like u buddy but this comment is completely misleading. It will 100% affect them cultivating. You 1000% don’t know what you’re talking about. Focus on the concrete things MCIG has done. Not this stupid land deal or the eHesive ad network that will never compete with Mantis Adnetwork. They need publishers and more importantly they need 75,000,000 impressions per month from those publishers.
Again this is off the shelf tech and for $3000 a month you can white label something like that so long as you have publishers generating a total of 75m impressions which is conservatively about 25m unique page views per month. Shaking my head yet again. Is this a tech company or a weed company?
Feels good to be right... remember when I was sounding the alarm at $1.18 hahah congrats ??
Had a good strategy here on an obvious dip, check tweet 5/22 accuracy ($1.15usd) going into June on $emc.v $emmbf now that’s 41.7% gain... pic.twitter.com/eS7YDF1lBc
— Jason Spatafora (@WolfOfWeedST) October 5, 2017
Saw the ticket tag to $us*j and $Pu*a and I can’t help but wonder if anything that either company has ever done has been properly executed on. Us** has been a trip stock for over a year. They’ve changed their business more than a person changes socks in a year. They sure as $**t don’t make revenues like Potn and people should view that PR/TickerTag as a badge of honor, reinforces the idea that Diamond CBD is the top dog in the MJ sector. Some will see the opportunity and others will not, but don’t get shook based on these two turds. Just my two cents... good luck ??
Still doesn’t address the private placement.
Those were just levels based on 2 weeks of downtrend. Pointing out the 16 level is good because if there isn’t support it falls apart. We tested it a few times and luckily the selling stopped. As for the private placement this is something I’d rather not get into because I am very negative on it. So I’m taking that PR as a poorly worded piece of news which isn’t actually a private Placement.
As shareholders the company (MCIG) would have had to make the private placement available to all shareholders for review, meaning accredited investors can invest and non accredited can review the terms because if they are too skewed in favor of one class of shareholder that’s an issue. Retail investors have the right to see the OM (operating memorandum).
We have yet to see any of those things or even a filing based off of that PR which should give shareholders some pause. Also that PR was 1000% a material event yet no 8k or subscription documents. There was also no real public offering for accredited investors, meaning no email or # of where to call if ur accredited and want to participate. I just did a PP and have done a few others and this was not a private placement, because the roll out was so awful I have to assume it was a mistake, but even that mistake needs clarification.
Always.
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aEMC-2512476&symbol=EMC®ion=C company requested it. I’m speaking with Ceo at 7:30 tonight one of the perks of being a big shareholder.
Yachtzee!!! This is a company halt which means good to exceptionally great news...
I’ll answer as to support and resistance... the levels I’ve stated have happened 3 times in last 12 months, but if u look at December 1st of last year you will see it got hammered down to .08 then shot up to 15 and bounced around, went back to 12 support then shot to 21, pulled back and by January went on an epic run to .505.
That’s possible because Mcig has no toxic debt and also because this is an event driven equity. Meaning market catalysts can move this so long as they are aligned with the company business models that are impacted by it. Example November elections and ballot measure for rec Cannabis in Nevada. This was an event because medical facilities were unprepared for a yes vote and needed companies like Mcig/scalable to help them scale up. This was prolonged because of contracts and work they were doing having a positive reflection in Q’s. Next catalyst was Nevada going Rec July 1 2017 and u can see this jump with every co imbedded in Nevada.
There were some mini events related to CBD that hurt some CO’s but because we were able to demonstrate Mcig’s international positioning in advance of this they became a means of Mcig cannibalizing other US based companies shareholders.
Keep in mind at one point MCIG was the most heavily Mj traded stock on the OTC. They almost tested .505 again but made a major error with the way they released a Q that had great numbers but was so poorly written it looked like creative accounting and pps dropped from .49 to .27 bounced and eventually retraced. By March 7th it saw .33.... then they started to deviate from the business that got them there and from what the market was investing in which was building cultivation facilities and began to focus on tech... and I have no issue saying that I hate the tech, I hate Mj apps and 420 jobs because if u took cultivation building/royalties/consulting/construction away and were left with the tech This wouldn’t be worth much, plus the margins on that stuff is junk. My whole post(s) were that Mcig needs to focus on what got them there to being the most heavily traded Mj company on the otc and nothing else because it is a winning formula. The days of 2014 runs to .97 are much different now because before there were maybe 50 PotStock’s and now there is over 250 plus a Canadian market that is much safer than any US investment. Like I said I’m long via restricted position and want to see this do better than where it currently is, but pointing out supports and resistance isn’t bashing its a means to create a healthier stock because if people are locked up much higher they aren’t liquid enough to take advantage of dips, which is why this thing has reset historically off of those levels breaking. So that’s my unique insight for what it’s worth.
This was .03 buddy. I'm long, I have to be. I stand by what I said about tech and job listing stuff. Focus has to be on Grows and cultivation. Really don't care about ur feelings on me. I just want a higher pps and some good shareholder communication because I'm in this until December...
Still I'd like someone to counter my post on processing that way everyone is focusing on what I said above and not thinking the tech is a Magic bullet.
I do more in profit per year than mcig does in revenue... so there's ur answer. And all my stuff is verified because it has to be.
Les, that press release doesn't fool me... see my previous post.