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What’s your guess?
Reposting from a LA-Trader PM if this helps:
RSI by itself is nothing- it is always pegged on big runs. have to look at a lot of different things in the charts as well as understand what type of run it is.
The chart today is bullish but I also don't like that big drop gap of selling at 1:50pm. We spiked up after that into the close, but typically a gap needs to be filled so we may see a drop to .35 on the open. If more buyers are waiting to pile in on a Friday it will run back up. nothing is going to get magical until we pass the old high of .47
Why? because new investors and traders like new highs and new momentum. they do not like buying retraces. we are only retracing here until we start setting new highs over the old one of .47. then you see sparks fly and the dogs are set loose.
this is all short term of course. long term this will be in the dollars as long as FRLF sticks with the present course- and I see no indication otherwise. Merida will help them get there even faster.
This is not an easy stock to flip if not experienced in doing so. you can easily end up chasing your tail all day for little money.
Sure bud. Last trade was mistake. It was at .0004
He he, secret MM posing as average Joe investor.
It’s all good. Sorry to hear about the oops trade. Sounds like you have a nice stash at 50m. Good money to be made.
Paintdown at close.
How do you read the RSI at 86? Does tight float impact how you read that metric?
This is the best stock on the OTC IMHO...such revenue potential coupled with a clean balance sheet.
Big things coming here!
Yes please paste text of email or picture please.
Reminds me of the P*TN run....super quiet and then out of nowhere an 80% up day and then off to the races.
Ditto. Thanks LA!!
Yay!!!
It’s impossible to pick a bottom. Believe me I am the same way. I fret over every penny. But on POTN I missed buying a lot more because it was at .065 vs .060 and so forth.
If you believe their story and believe in their revenue streams we will go up from here and you will make money. I assume this probably won’t hit $1 for another year but if I can get a 5x return in a year with relative safety for the OTC that is a no brainer.
This is my “set it and forget it” stock. I have no time agenda. We will be fine.
IMO this is a year play not weeks play. The revenue streams here are the story and with a market cap of $25m we are priced super cheap.
Yes I would assume they close 10/1 for clean quarter starting financial information. Last day to buy
Under 300m now!!!
They shrink the share count way down from 10b (aka realize the same pie into bigger pieces so no impact on total value) and in that process give 1/2 to PURA shareholders in exchange for the cultivation business.
Perfectly explained. I’m good now. Worth a lotto ticket on.
Very helpful thanks, I just don’t know how to process it. Are you saying they are just re-slicing the pie! Is there good or bad in this? Seems indifferent. The current company has a $2m market cap. All things equal won’t the new structure equate to that same market cap?
Can you help me understand how it acts as an anchor. Not disputing just trying to understand.
40m share whale please identify yourself.
CK Thanks for taking a leadership role in this board early on and consistently since.
I’ve got my 7M lotto tickets and am ready for this bird to fly!
1.6 billion on the bid 360m on the ask. I am getting excited!!!
Holy bid stack Batman! Look at that 1.5B bid and ask about to drop below 400m
Oh dear. Highly speculative conjecture. Do you have ANY facts to support your assertion??
I got married in Maui! Favorite vacation spot in the world! Hope you make big money here.
I get the sense they have given up on name change
Aloha! Let’s make some money!
To that point market cap is $1.0m at .0001....super cheap valuation of $2m at current price
You think he wants 1,000 of you calling him? Placeholder for sure.
Let’s wait until next week with the 10k. I expect an accompanying letter updating on progress and expectations.
Do you mean Q4 as in their fiscal quarter ending 6/30 or the calendar quarter ending 12/31?
I agree bough you would be nuts to sell days before the annual report comes out.
Yeah I just had an old order sitting there and woke up to a pleasant surprise.
Good morning. Someone sold me .135s this morning. Thanks!
Twitter now active. Wheels in motion.
https://mobile.twitter.com/DemandBrands
The first step in their social media awareness campaign at work. Funk is getting started. Soon these will become more company specific.
Each bar represents the price movement within a 30 minute timeframe during the trading day
Where did you get the info on new consultants. Did I miss that PR?
New ceo acted very quickly. Old one you’re right, totally clueless on communications.