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Anyone else had the thought that this sector drop might have to do with Eric Holder saying he will be stepping down later this year, and therefore leaving the whole marijuana scheduling/banking/easing of punishements in question?
http://www.washingtontimes.com/news/2014/feb/10/eric-holder-step-down-year-report/
I don't know. But the company seems more legit to me than ever. There was a time I lost faith, but it's all falling into place now and no one is getting my shares. I got out early on MJN*, GRN*, and PHO*. Not doing it again.
I'm adapting Warren Buffett's strategy here. When stocks of his that he considers good companies decline. He buys more! Smart guy.
As usual, but good god they need to give us something. A week and a half after those soft launches, silence doesn't bode well.
Whole sector is.
...Cue Twilight Zone Music...
I've placed my bet. We'll see.
Whatever. I'm glad these shakes keep happening on the daily. Sooner or later there will be no weak hands left.
They brought this down this much on around 500k shares. Ridiculous. It will bounce like it always does.
Looks like we could have another afternoon drop from people who were expecting news. There really should be some sort of update. How is Dharmanol coming along? How was the first week of sign-ups? ANYTHING on milestones? Perhaps another letter to shareholders?
They're definitely having a harder time shaking this. An afternoon PR would be delightful.
I bet more than that. Bought another million at .0515 and another at .05. I don't feel crazy yet.
I have more ammo for the coming shake. I'm really hoping for morning news. Like everyone else invested.
I have a 1.5 million bid at .054. Lets see it get filled.
Never seen MM Murf before. Is he new?
I'm primed and ready for action.
I see no difference on janescard.com. Let's not get excited over nothing.
Agreed. I believe there will be an update of sorts early this week.
April
I thought they were only accepting orders from California patients? How is this possible? I realize ordering the Vaporizer isn't illegal like ordering marijuana products, but I thought they weren't even allowing out of state sign ups?
You put no stock in speculation? That's what the stock market is! What are you doing here?
Your Doji doesn't and can't take into account future good news. If all you had to do to predict the movement of the stock market was look for Doji's I imagine you and I wouldn't be having this discussion. We would be living the high life.
Gravity? The fact that this stock is at .05 and has been holding it for days is an amazing turn around in the positive direction. Today is just a lackluster sideways trading day. Wait til Monday risk man. Wait until Monday. It's gonna be a good day.
Same as other stocks. It depends if you sell it for short term gains or long term gains.
lol this isn't explainable.
Tomorrow: 4th and inches
Glad we held 05. I'm assuming news tomorrow or Monday. All is well.
I'm with you here. I don't mind this action. As long as it doesn't go off the cliff. This trading makes sense to me. There was heavy buying early in the week awaiting news and now people are in 'wait and see' mode. We've seen this before, it's up to the company to deliver. Last time they did not and the stock tanked. It could happen again, but I'm hoping not. In the meantime I'll be picking up more shares.
Good luck to you.
Make sure it's an all or nothing GTC order too.
Some brokers won't let people sell for much higher than the current price. I know scottrade is picky about it and I think etrade is too. TDA let's me put it at wherever I want. I currently have it set at 1.20.
Someone buys 400k shares at .054 and the ask increases?!?!
Someone at CSTI knows that and put a million on the ask.
The chart is essentially irrelevant here. People trading only the chart on SKTO will get their ass handed to them. Weren't we hearing how awful the chart looked when this was at a penny?
Ugh I wish I had all that powder to fight this crap right now. Monday, Monday, Monday.
I think that was the second attempt. They threw everything they had at that one. At least I hope they did. Scary to think they could do worse.
That was the Mother of All Shakes! Never seen anything like it. This stock is never boring.
90% of trades today were above .062. This is absolutely unbelievable.
My guess is traders were expecting news today and disappointed they didn't get it.
NITE hiding shares at .06. He doesn't seem to have all that many though.
Pre power hour shakedown!! weeeeeeee
Yea, I would have taken profit too, if I didn't know it in my bones where this was heading.
I wouldn't go that far. Holding .06 would be great, but it's not do or die. This has been a fast run up, it wouldn't be out of the ordinary for some profit taking and consolidation.
I'm hungry for news! Feed me SKTO!
You quit your job yet, Doc?