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It won't do us any good. They'll release the information when they're ready... I'm standing by you're comment from yesterday about news being tomorrow pre-market. If that doesn't happen... Ugh. Patience is the hardest emotion to deal with when coming to these damn stocks, but it can pay off.
Yeah I hope you're right.
This is yet another day of the same pattern as of now showing that has been showing for days. Up in AM, down in PM, close red.
Believe it or not, I believe you.
Funny thing is that might be enough to drive it back up, hah.
Lunch Break?! Got very quiet, hah.
I knew you weren't. Just based on who you were talking too, Haha.
I like the sight of this... Thanks for providing!
Don't wait for what? It to drop, every afternoon like it's been doing. Don't get me wrong, I'm on your side but there is nothing here in which the pattern has differed over the past few weeks. Up in the AM, down in the PM. I say. Wait & see first.
GLTA
Because my friend, with no risk is no reward. Just because one company went in one direction does not mean this one will do the same. It has a similar feel but I'm not getting scared off from it.
If you're taking a chance on something be sure you can before you do, and I'm ok, so it's fine :)
Hah, NEWL. Boy that one pissed me off. That's the problem as well when you hope on news to drive a stock. Newlead was supposed to get new Ships in like end of July or August or something. Big PR release was gonna happen. When they announced it in the beginning of the year, share prices rose. Then dropped, dropped, dropped. Bleed like MDCN is doing now. Never recovered shot off to Grays. The PR did drop, at that point they were on the Gray's and no one was touching them. Prob still there. Haven't wasted my time looking into them lately.
You sound so sure! I like the confidence. Hah. I too will be selling most of my share but I want to hold onto a handful to see what the future brings to this company.
Yeah that's my feeling as well. I was hoping for a juicy PR (hopefully yesterday) on property closings. But sitting back, it makes more sense for them to let this drop to where it was at around the last bump, .0008 and have your insiders buy back in, then drop the PR.
I agree with this, and I have a feeling between now and next week we get that juicy PR. Something will drive this back up. They didn't make all these moves to let their stock die.
I would assume that he is being sarcastic just based on who he's replying too.
Yes sir! Right away! Would you like all my shares or are you just concerned about my $$$?! Good lookin out.
You got me beat by a penny. I'm at $.07. I believe it will especially if GreenGro steps up to help the drought situation in Cali. Not to mention this is a California based business which is prob going to be the next state to federally legalize. From there revenue will increase and PPS could make a huge leap. Idk how much you have down but if you can hold for the long term (6m-1yr+) I think you'll be happy with your return in my opinion. Not a lot of chatters on this board though, other than Haas last PR the other week, it's been pretty quiet.
Good to know! Cause you've been one of the commenter's I've been following. I was in a stock like this, different sector though and it never turned around. To this day.. Went from 100,000 PPS to now, being on the gray's in sub-penny land. I lost a lot of money on that, so I feel your pain. But we must agree, these are the risks we take in penny land, right.
Good luck this week bro. I hope for me, for you, for the rest of us longs it is the start to something good to come.
Does anyone really? That kind of was my point. We all know of the acquisitions made. For those who listened to John's interview we all know of where they want to head, and aside the interview and what people say on the board I think we'd all agree that everyone needs to do their own DD and find out for themselves if this is a stock for them. We all expect a PR tomorrow, some expected it Friday, although I was one of those who was saying most likely Monday. Then again we may not get one Monday. Maybe this week. Maybe not. Unless your an insider your guess is as good as mine. So I agree. To some it up, we all don't know chit other than what has already been given to us ;)
Honestly just a guess here, .04 on a 3 day run with closing news, maybe more…. Considering if you take a look at the previous chart (doesn't mean it'll happen again) the stock rose on a max of about 6750% from .008 to .054. It maxed on the 2nd day of .01 and on the 3rd day .054 BUT it closed at .016. This is all based on the Yahoo chart for that spike. Again, I'm not speculating it'll follow the same pattern but the reality of the situation is when the company can pull through on what it says they are going to do and starts generating revenue based on all the acquisitions made, their stock will slowly work its way up like any other business. I expect spikes here and there with news but with a spike will usually be a crash to follow with everyone making high % gains on their investments and selling off. I personally don't think on news it'll spike and plain itself off and go up more. I think it'll spike, drop (not to where it's at now though) and overtime continuously get higher with their PPS.
This is all JMHO, I don't think anyone knows for sure.
I think .20 from .0018 (if we get pre-market news Monday) is, with all due respect to Paper, is a pipe dream. That's a jump of roughly 11,100% and for it to level off there and grow from Cali acquisitions, although can happen, I don't see it happening all within like a week or two. But I can see it happening over time. This is all just from my perspective though, hell I can be completely off. It also depends on what you're here for. Quick money or a risky investment that can gain you more in a year+ than quick money will by selling off all your shares on a big jump.
If you pay attention to this board there are a few names to keep in mind when looking for good DD (on top of doing your own) Trackster, malvern, dholmes791 and PaperSherpa, just to name a few. These guys all bring good insight, DD and opinions on this board.
GLTA... Let's see where this week brings us.
Agreed.
Our next trading day could be a fun one. Have a good weekend folks!
GLTA
HAHA. For sure, after a good 5 tries! lol. I believe it's coming. One thing I have is time and patience. I'm anxious don't get me wrong, but not nervous.
I personally loved the interview, jived with my DD on where they are heading in the future. They're a baby trying to grow up. I think in the future us longs will enjoy the results.
I agree with news Monday but not sure if PPS will be around .0008.. You have to figure in that they release news at 8:00am pre-market. This would have to drop about 66% in order to starts a jump at .0008 IMHO. If today is an indication that it'll be like yesterday, gains all day, close in red but at a 4-6% loss, you're looking at about .0020-.0021. Just comparing IF today ends up like yesterday, although we'd all like to see green in the 4 o'clock hour. IMHO I believe the run will start around .0015-.0020 if it runs Monday. If I only had a crystal ball. Lol
Expect it Monday. There has been a lot of posts including mine who have suggested that they probably will wait until Monday for a PR. For all we know the deals might be closed, and they met the "deadline" so-to-say but the end of the month being Sunday, they don't necessarily owe us a PR today. Very possible the AZ properties get extended again and there might be news on new Cali. acquisitions.... These are all just assumptions on hearsay, I have no idea. Just throwing out guesses.
Thank you. I appreciate your insight. We shall wait and see.. Have a good night.
GLTY as well.
lumi, excuse my ignorance here. I am learning on the fly with a lot of the terminology..
"A convertible note is a loan that converts into equity after the company has a bit more operating history under its belt and there is more information available to establish a fair price."
Is one month enough time for them to turn these loans into equity? I do see them in the past couple months making progress on acquisitions. Obviously the more acquisitions they make, the more established they get, i.e. share price should rise. Share price should also rise on positive news but that'll be a spike of a few days and then I'm guessing it'll go down drastically until it hits a reasonable share price to start slowly increasing.. Which still is good for longs who want to hold onto shares.. But again, my questions looms in my head, is one month enough time? I don't know if what I'm asking makes sense to you, again excuse my ignorance.
That sucks. I am as well so I feel ya. Others on this board are down a lot more than that though, so it's a shitty feeling across the board.
From here I'd like to just wait it out and see what happens. It'll eventually pop IMO the question is when. I got enough money down on this personally so I won't dump anymore... That's just me though. Everyone seems to think tomorrow it'll go down more. I can't disagree but I have a gut feeling tomrrow will look like today and possible close green. People know news is hitting... Look at the bright side. It closed only -4.35% today and seems on average to go down 15-30% daily. Lol. Hey maybe that's a sign that tomorrow will be a better day. Either way patience is the key to getting rewarded here IMO. GLTY
Yea I averaged down today. I planned too though, to do it specifically today in case of positive news in the next day or two. Regardless, no more buying in for me. I'm in the wait and see game.
Speaking of news. Anyone have any new updates?
Nah. Because then we all are! Haha. I think it is a good entry regardless of the day because if news hits in a couple days you're in a prime spot. Gl
Everyone is so focused on this damn frustrating day I don't blame you. I'm in the same boat. I thought for sure we were closing green…. I guess the property deal is the only near hope for us so there is nothing else to do but to just sit tight. Maybe tomorrow. Maybe Monday. Maybe maybe maybe. Ugh!
It'll close green people!!! Relax. It's the end of the day, people are dumping on the 25%-43% they made. But their shares up. Heck, I am.
Hmmmm... Everyone must be on lunch break. lol.
You are not an idiot! Today is the buy in day IMO. You will be smiling about that.0032 buy in a week.
I agree. I think that's what it'll be too is Monday. We'll be seeing green for days if that's the case (and this runs today & tomorrow).
Why though? Didn't this run 3 days straight on hype with no news in recent past?
I'd love to see this run on hype today & tomorrow without news, then news on Monday.. I feel that could drive a longer run. Any thoughts?
IMHO Today is the day to reload. I can be wrong. I've been saying this for 2 days now that Thursday could be the buy in day because of hype on properties. No crystal ball, we'll see. GLTA
"No but thanks for asking" 5x in a row. I got it on lucky number 6 though. Hah
I'm guessing news is on Monday not Friday. They have to close by end of month that doesn't mean they can't delay the PR a day if they close it mid day Friday. Then again people have been saying it's off the market so who really knows. We can get news from now till Monday morning on those closing. If we get no news at all. Well... I don't even know what to say.
I just asked my magic 8-ball if I will see PR on closing by Monday, shook it 6 time finally got a "definitely yes". So we're good!
No, it doesn't make sense (respectfully). I follow you and appreciate your input...
The reason I say no is there is no point. They are focused on them. Just because the shares are tanking doesn't mean the company is. They are not worried about their share price as they know it will rise especially with following through on commitments (which they still have to do). But I do not anticipate them going out of their way to put out a PR tomorrow for a closing to be set. Up until the last minute something can go wrong, so they won't put out a positive PR and then the next day what if the owner backs out of the deal...?
The only reason I can see them doing that which I don't think they will, is to drive share price up on hype of deal. Reality tells me, which I read this earlier and makes sense to me... We prob won't even get a closing PR until Monday if we even get one.. The reason being, if they close on Friday at 2:30pm (hypothetically), they won't PR it on a Friday afternoon, they'll release it after market Friday or more likely, because they have a habit of, an 8:00am PR Monday morning. This does not mean that tomorrow the hype of it won't start. I'm personally doing one more buy to cost average down and that will be tomorrow because I feel hype can start this up anywhere from tomorrow till Monday morning if no PR Friday. I'm not as in bad shape as others here although I do not like where I'm at and hate seeing others miserable. I want us all to prosper. GLTY & GLTA
Thank you for this info.