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Earnings is next week. I imagine we'll see at least 100% increase over last quarter, and a decrease in expenses as well.
Really hoping the big sell-off is over and we start heading north.
It could have happened at any point during the day but was just not reported until after close
So, remember when like 2 weeks ago I said this would just keep slipping until they put out an expected revenue PR, and that if they waited til after the election it would be too late? There ya go. Hopefully we're at or near bottom now. I sold everything other MJ stock I owned this morning and loaded up on MYDX under .02. Hopefully we can get back above .02 and hold that until earnings next week. Hoping solid numbers and outlook will put us back over a nickel
I dumped every other MJ stock today while I still had profits and picked up more MYDX...hoping earnings next week will get share price up where it belongs
Expansion costs money, dispensaries aren't free to build. But it's a one time cost and revenues keep rolling in. Increased revenues quarter over quarter = profitability. Legalization is here and gonna be huge revenues
$7mil revenue for Q3, 244% increase over Q3 2015!
This company has more going for it than at least 90% of the other pot stock companies. Real dispensaries, real products, real revenues. Today was a sector-wide profit taking sell-off combined with the shock of election results. Major exchanges have already recovered and are in the green, and I feel MJ stocks will start back on the uptrend tomorrow. 8 states legalizing, including Cali, is the biggest news MJ will get until it's federally rescheduled or desheduled. TRTC already has solid earnings, and they will increase tenfold when they can start selling recreational.
Cali and Nevada, where they already have operating dispensaries ready to start selling recreational. I imagine we'll see increased revenue and decreased expenses on earnings tonight
Loaded up today. Good earnings and 2017 outlook after hours today will do wonders after CA and NV legalizing recreational use.
It was probably just a T Trade. Could have happened at any point during the day but just wasn't reported until after the close.
300mil shares returned to vault...cutting outstanding shares by nearly 50%. 100%+ jump tomorrow
LOL .20? So until tomorrow?
Monday for sure. Launch of hempsmart website and beginning of distribution and sales the day before ~6 more states legalize weed...Doesn't matter how far we drop today, probably .20+ going into elections.
I'm only about 10 mins from them and have thought about stopping by as well
Pretty much the whole sector is down today. People getting jitters and taking profits...but those who hold will get the big profits.
Been in since .0041 and picked up a few more shares along the way. Biggest gainer in my portfolio!
Honestly sleek, when I first saw your list a few weeks ago I was surprised you didn't have MYDX on it. Good company with great products, supposed to be profitable by the end of the year, and getting lots of attention...but look where it's at. Everything is blowing up and it's still slipping. As I've said multiple time over the past several weeks, the CEO is screwing over shareholders and keeping share price down. A PR with expected Q3 revenues in the past 2 weeks would have this in the .10-.25+, but it never came and IMO it's too late.
100% Buy rating on Barchart and only 3 trading days left before results come out. Gonna be another big green day tomorrow
Bro, that PR has absolutely nothing to do with MCOA. That is SGMD, completely different company
No, it came from CNW group in Florida. It's just an article mentioning several MJ stocks. And yes, you are correct...the only thing that would be bigger news than California legalizing it would be if it was legalized federally. Why would MJ stocks crash after its legalized in ~6 more states? What's going on now is just the warm up. I imagine some if not most MJ stocks will surpass their all time highs in 2014...I guess we'll find out soon.
I have around 25 stocks and am sitting at 200% gains overall, with MCOA by far my biggest gainer as I bought at .0041. I went heavy on the companies located in the states that are more likely to legalize as I think they'll be the ones that will benefit the most.
No, they didnt. An article came out mentioning them but they did not put any news out today
Hard to say. The run up in 2014 lasted 3 months before everything came back down, but that was due to Colorado beginning sales, not from elections. I think it will be similar though. California legalizing is a much bigger deal, and the amount of other states legalizing makes it an even bigger deal.
Uh, it happened today in case you didn't notice
Green close today and MJ madness continues tomorrow. .25+ before elections still very possible. I have a feeling they're saving some good news and we'll get a big PR tomorrow or early next week.
Shakedown this morning was basically sector wide...people getting scared and taking profits but the ones who hold will see the big bucks $$$ 5 days!
And we still have 4 trading days before legalization results come out. Nothing is going to crash unless prop 64 doesn't pass. We've had some huge gains and there are going to be some pullbacks...if you get scared and sell you're going to hate yourself next Wednesday when this is up another 1000%+
Hey sleek, could you message me your email please? Wanted to ask you a question but I just have basic account on here and can't PM
I'm in California and I'll obviously be voting yes on 64. I don't even smoke, but I think it's pretty silly that the government can tell you what you can or can't do with something that naturally grows out of the ground. I think the biggest problem with getting 64 passed is that so many younger people, who would be more likely to vote yes on 64, aren't even registered to vote. I've asked a lot of people if they're voting for it or not and been amazed at how many of my younger friends said they weren't even registered.
I imagine the only thing keeping this from .0001 is the name, and people buying it thinking it's still a pot stock and that it'll run after the elections. I dumped all my shares the day news came out they were going back to just being a car dealership. If they even really do that.
Does anyone know if there are any websites that will be streaming voting results for all states voting on MJ this year? It would be nice to see pass/fail %'s for all states in one place as votes come in
Does anyone know if there are any websites that will be streaming voting results for all states voting on MJ this year? It would be nice to see pass/fail %'s for all states in one place as votes come in
That's when earnings will be filed. A PR with expected earnings could be posted at any time just as he did 2 weeks after the end of Q2, long before filing.
As I've been saying for weeks, this will continue to sputter until they post some numbers. Q2 they put out a PR with expected revenues 2 weeks after end of quarter, if they would have done that for Q3 we'd be at .10+ right now. The CEO is the only thing holding this back and he's screwing all of us shareholders. This is a solid company with an amazing product that's actually making money, and would be trading much higher if he was giving more info. The 2 ho-hum PR's that came out recently did nothing for PPS but they would have if that had followed up a PR with numbers. Chances of this hitting $1+ are slipping faster by the day. If he waits until after elections to post Q3 numbers it will already be too late.
.25 by elections starting to look very possible!!! If we get product shipment news this week...hold your arses
We go up another 1000%+ when prop 64 passes in a week. $1.00-2.50 easy
Next stop .11! Brakes are out on this train!!!
If they start shipping this week we hit .25+ easy! This is my top gainer by far at +2250%
It'll be getting a yes vote from me...ONE WEEK!!! You in SoCal zig?