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fwiw,
For those who are true investors, I know I'm repeating myself from times past, but I'll try to say what's happening simply in another way.
The mm's (investment firms) are playing a game with you. It's a high stakes money version of Russian roulette.
They've got a gun pointed at your head. They spin the barrel. Click. As long as you don't sell, nothing happens.
They pull the trigger again after the stock is manipulated further down. Click. If you hold fast, nothing happens again.
They repeat this tactic over and over, figuring that sooner or later you'll fear there's a live round in the chamber that will blow your brains out. Eventually most people succumb to the game and bail out.
But here's the deal, investors. This company is solid. Thus, the gun these mm's have against your temple? It ain't loaded. There are no real bullets in the barrel. It's all a ruse. The only real ammo they have to use against you is your own fear.
It's your move. My only suggestion is to hold fast and prosper. Let the shorters know you got a pair.
Loyalhound
parker,
A shakedown is nothing more than a stock term that was borrowed from another walk of life. [i.e.] When an alien force moves in to disrupt the flow of whatever is going on, say, in a home or business, the invasive force raids the place using arms and fear as their main weapons. Insiders are caught off guard by the invasion, often tend to panic, and finally give in to the invasive force. The combative force attacks the non-combative people and use fear-mongering to induce them to submit. The fearful fall for it and give in to their assailants.
In this case, investors who don't see these tactics for what they are bail out from the shakedown (or shake out) and end up losing money. On the heels of that, the manipulative shorters later re-manipulate in the other direction and drive the stock up, thereby money large sums of money in the process.
In summation, here's a nugget quote you can use in the future any time: "Those who do their homework make their money off those who don't."
Hope this helps, and I hope you prosper.
Loyalhound
parker,
Don't pay any attention to the Rookie. It is a shakedown. I'm monitoring in excess of a dozen mj's, and every one of them is down. Every one. It's a planned shakedown shake out.
Sell now and you lose.
Loyal
For those who have been here a while, you gotta hand it to those mm prostitutes. After weeks and months of foreplay leading up to today, they sure know how to make sure the whole affair didn't culminate in a wonderful climax, didn't they?
Loyal
27,
D.C. is a swampy cesspool for sure, and The Donald knows we need to drain the swamp. Whether you like him or not, Rudy would drain the swamp our last two AG's horribly corrupted for eight years.
Rudy or Chris ---- take your pick. They both got a pair.
Loyal
rob,
Essentially you are quite correct. I never thought Prop 64 would do much of anything for the stock, since mm's are no more affected by news than they are by ongoing chart stats.
I agree that the day to day operations of company sales and marketing will be the key to any steady rise in value. And that's as it should be.
It's just a shame that the expanded foundation for GRNH to do its thing via Prop 64 should have produced a nice jolt to the pps. After all, in a sane world a good heavy rain doesn't make a drought worse; it nourishes parched ground and improves its quality. So it should be that good news produces good results.
Loyal
Not surprised at what's going on. I said it months ago, that mm's couldn't care less about news, even the dynamic passage of Prop 64. They can use the current diabolical short system to manipulate a stock as long as they choose for their advantage.
Be that as it may just be, whales and other new blood might stop by to browse here, but they won't be feeding, not as long as GRNH is constantly being yo-yoed like this. Why should they?
I suspect even a number of longs are now dancing along to the mm tune of buying the dip and selling a couple cents higher for nickels and dimes while they hope for a sudden surge. As long as people buy and sell the two-cent differential, they'll make a few dollars every few days, but GRNH will never reach its potential.
So, life goes on. This is not your father's stock market anymore. Yes, I know, it's good strategy during tough times. But it's also kinda sad to watch.
Loyal
solomon,
Precisely why I like to refer to them as 'market breakers'.
Loyal
fwiw, the early fluctuation seems to indicate that mm's are still doing what they do to keep GRNH at bay. But today's numbers seem to say they're not tromping on this stock like its a bug under foot. More like they're walking on eggshells now. Can't say I blame them. The last thing a shorter wants to do is make the mistake of stepping on an IED.
Loyal
Re #32802:
sun,
Regrettably, I agree with your assessment. Because they can . . . they just might.
Loyal
rob,
While this response is an oversimplification, basically Gala Global is an offshoot of Greengro, since James Hass is the CEO of both. He probably created GLA$ to increase his sphere of influence and thereby increase his profitability.
So, while it may look like a competitor, GLA$ is likely just a second horn on the same bull.
Loyal
I'm monitoring a dozen mj stocks, and all but one are down today. Significantly so. Anyone surprised at this?
The plot thickens.
Loyal
sun,
I did read this past week that a few pharmaceuticals have been pouring hundreds of thousands of dollars (nearly a million, in fact) in anti-mj advertising as we run up to the election and Prop 64. So funneling cash into mm firms in order to clobber GRNH is more than a remote possibility. Didn't they used to call that racketeering back when we were still the U.S. of A.?
But hey, if Bill and Pillary can get away with it, why would the SEC intervene here?
Loyal
This is really something to watch now. Over the past two weeks any number of times both the bid and the ask were well below the last trade. Here we are on the verge of Prop 64 passage, and today could mark 8 red trading days out of 11.
My gosh, the shorts and mm's aren't even trying to be subtle about their manipulation any longer. It almost seems as though they're attempting to send all frightened investors over the abyss so they can completely commandeer the stock; then they'd maybe hype GRNH suddenly and create a feeding frenzy of their own making.
Or am I grossly overstating the possibility of this?
Anyway, GRNH is too sound and strong to kill, and I'm too old to scare.
Loyal
neo,
Your assessment on post #32396 lines up precisely with mine, and I've been dating this lady off and on for five years now.
Loyal
Longs, take a deep breath for a few minutes. You're caught up in panic mode, and that's exactly where the mm's and shorts want you to be. In other words, this sudden 'chicken little' mentality that's infecting you will be your downfall. Hold fast and ride out this latest storm or you'll drown in your own fear, a fear produced by a stock market version of chemtrails.
Yes, mm's and shorts are synthetically altering the mj market of its normal cyclical weather patterns.
Let's take a quick look at one of many companies in question.
I salute those who made a great buck on MCO$. It's pps has multiplied an incredible 130 times from what it was a year ago. But in the long run it can't touch GRNH. Why? Because MCO$ and many others are only marketing outfits and distributing companies; they don't plant and they don't grow.
But GRNH has all its bases covered from seed to harvest to sales and marketing. Without GRNH these distributors have nothing to put on their shelves. And once GRNH has its own product at its own sites, distributing outfits will dry up.
In summation, at the end of the day any company that can and does do it all will be left standing when mere middle-man businesses fold their tents.
Prop 64 appears on its way to passing in Calexico. But even if it didn't, would that destroy GRNH? Of course not; Greengro will just market its franchises elsewhere. In fact, they already set up a successful business clear across the country in Ohio.
Can you see it yet? Look, it's your money. You wanna bail out of fear? Okay. But as for me and my house, we're holding fast. These big mm firms (market breakers) and shorts don't scare me none. I'm too old for that shit.
Loyal
I say this with a tinge of jealousy, though at the same time I salute those who made some really good cash through those mj stocks that are little more than shells.
Point being, with all the mj DD I've done over the years, I'm sure a lot of novices are doing better these days with a few mj stocks than I am with some of mine. But then again, amid the jealousy I must admire them.
Once in a great while it's better to be ignorant than learned.
Loyal
sun,
I know what you mean. I'm following that one, too, and it baffles me as well. This business makes no sense.
Loyal
It's mere conjecture on my part, but given GRNH's track record and profitability, this stock might be viewed similar to that of a clock spring being wound tighter and tighter.
We're six days from Prop 64 --- I think there's an election that same day, but of course that's minor compared to Prop 64 --- and perhaps the spring is being wound more and more tightly day by day. If that be the case, one wonders if the mm's aren't manipulatively accumulating so as to obtain maximum profits when the coiled spring suddenly lets loose and this stock zings like a bullet through a rifle barrel.
Oh well, just sayin'.
Loyal
porky,
I don't have any facts and figures to back this up, but sometimes I wonder --- with the float being so comparatively low --- if the mm's aren't controlling too high a percentage of it.
You're right; we need to see much higher volume. It is creeping upward daily, but not by the many millions I thought we might see.
Anyway, I'm holding solid. Not about to flip for chump change and miss the prom. It's been 167 years since the last CA gold rush. They're long overdue for another one. Besides, I don't know why old Baldy wouldn't be hyping mj. He could sure use the tax revenues out there in Calexico.
Loyal
rec,
Let's just hope the machine isn't rigged to change the vote to 'no'. Call me a cynic and I'll tell you you're correct. I just don't trust voting machines, no matter what phony assurance the government tries to pass along.
Personally, I knew mm's would work to keep this stock pinned down. But I mistakenly thought that a week before the election GRNH would steadily begin to rise daily through the teens and twenties, then onward and upward from there. Greengro is a mother lode of gold situated in the middle of a gold mine, and only subversive tactics can keep it from exploding like a volcano.
In other words, with the passage of Prop 64 I think what happened in Sutter Creek in 1849 would happen in Anaheim in 2016-17 if, ... and only if ... insiders would take their slimy hands off it.
Loyal
I saw an article from a reliable source that says big pharma is pouring large sums of money into California to shoot down Prop 64. That's because if mj passes, pharma obviously loses a huge chunk of profits there and elsewhere.
In view of that, yours truly believes big pharma is likely funneling significant cash to one or more mm firms to keep shorting GRNH.
What's that, you say? Just another foolish conspiracy theory? Hey, people, it's 2016. This is the age of sleaze and subtle con.
How's their propaganda working? Well, in September 58 to 62 or so percent of Californians favored passage with 41 opposed. Currently those who favor rec mj passage is down to 52%.
IMO mm's know this. Methinks that's why they're keeping GRNH at bay.
Loyal
While I'll never be a fan of market makers --- 'market breakers' is a more appropriate term for them --- I have to give them credit in one respect: They know how to make a mockery out of every short term prediction any of us muster up.
No wonder a truly wise person once put it so well and so simple long ago, "Silence is golden."
Granted, in light of the election and Prop 64 on our door step, this should be a week when the GRNH rocket launches and daily calls for .12, .15, .25, and so forth come to pass. But one should always remember that mm's couldn't care less about voter results. As long as there are flippers, mm's can use their techniques to keep anything down anytime they wish.
Loyal
Yep, you're on the mark. I'm lookin' at which way the money's goin', and it's all nothing more than head games right now. Not to worry, mate.
We aren't goin' -- 'to da moon' -- as some say. But those who are locked and loaded are goin' somewhere up there in the greenosphere.
Let's roll.
Loyal
Re #31172:
Bud,
Gee, thanx man. You're really one heck of a guy. What would we do without you? So altruistic of you to lift a wall for us. No doubt part of your mantra is: 'This Bud's for you.'
Loyal
- - - Now make some legitimate dough like the rest of us.
This thing must have great potential among the mj pennies, because looking at many around the mj sector, some are up and some are down, but this one has been beaten mercilessly over the past three days like none other.
So, it would seem the mm firms are looking here for the highest profit margin once we see ignition.
jmo.
Loyalhound
Wow, this is really becoming comical; all these foolish little wildfires being set amid silly disputes about who said what and what so and so meant by this n' that.
People, don't sweat the small stuff, and there ain't no big stuff contained in this latest downturn. The mm's are attempting one of their many shakedowns to spook the herd, and too many sheeple seem to be falling for the lightning flashing and thunder rolling off in the distance.
I've already called the pink sheet fire department to see what can be done to put out these contentious brush fires among us.
If you would like to follow up my call, you can reach the fire department at the number listed below.
Thank you for your time and patience in this trivial matter. Now let's all make some cash when this rocket lifts off big time.
Loyal
- - - Pinky Fire Department: 1-800-EAT-SHIT
Re #30714:
Cash,
Good point. The Ruskies have become the convenient fall guy for almost everything sour these days.
Loyal
- - - Not that Putin gives a rip.
I hear ya, bro. Funny thing is, in real life I ended up marrying that girl. Fortunately for me, she has no interest in stocks and will never read this.
Loyal
porky,
Wish I could say yes, bro. If I knew what the short interest percentage was, I could give a more definitive answer, but I don't know that, nor do I know how to get hold of conclusive numbers. That's why I said I'm just wondering.
The above probably doesn't help you much, but then, that's why I sometimes use that word I hate to use:
--- "If" ---
Hope you hit it big at whatever the peak is.
Loyal
P.S. - - - I do think that with Prop 64 coming up and the possibility of eye-popping news GRNH might release after the 8th, shorts could suddenly find themselves in a gut-wrenching vice. And that wouldn't bother me a bit.
fwiw, Been dealing with this stock now for about five years off and on. And today for the first time I find myself wondering if a few of these self-aggrandizing mm's aren't quietly asking among each other the question, "Do we really want to keep monkeying around with this one?"
Just sayin'.
Loyal
Re #30461:
Milk,
In which case I apologize. Wasn't smart enough to see it. My bad. As they say up in the Pennsylvania Dutch country, "Sometimes I chust eat up vith dumbness."
Loyal
Milk,
Hey guy, what happened to you? You feel okay? Big pharma didn't give you some mind altering drug, did they?
Anyway, hope you're okay. Just take two mj capsules, and call me in the morning.
Loyal
porky,
I didn't say it would affect mj, only business in general. I'm just not a big fan of acquisitions, even if they call them by another name --- like mergers. They have a bad track record of messing up the free market.
Have a good day, bro. Let's roll.
Loyal
Won't exactly affect us right this minute, but . . . .
. . . . So TD is buying out Snottrade for a cool $4B.
Oh well, there goes the neighborhood.
Loyal
Milktoast,
In which case you maybe oughtta just take the rest of the day off.
Loyal
The venerable sportscaster Keith Jackson would probably have said it better than anyone here:
"W-h-o-a, Nellie!"
Loyal
sleek,
While your math looks sound, I think your last line says it all. Mm's will temper GRNH before it gets away from them.
Loyal [the non-expert]
Milktoast, everyone here knows you're hungry to buy and are looking for a shady way to obtain the lowest price you can get. Why don't you just own up to it and stop making an absolute fool of yourself.
Keep doing what you're doing and we'll have to do what we had to do with the 1v-man, which was to put him on a gurney and feed him with a saline solution of i.v. drips.
Loyal
P.S. - - - Yes, I expect this to be deleted, because too often the truth hurts too much.
Just try to remember, guys, that MM is your common foe, not each other. Molen is a predator, and the fellow-poster you've been bitching to is his prey, same as you and I were for years.
Why not let's move on and keep others from following in the very traps we stumbled into.
I for one intended to conduct a short love affair with VGPR back in 2013. But it slipped and I ended up marrying the thing for three years. Then VGPR divorced me by using the second r/s.
Like Gump said, "Shit happens."
Hope you're all doin' better elsewhere.
Loyal
P.S. - - - How ya doin', Gator? Lookin' forward to the orange and blue comin' in to Doak right after Thanksgiving. Go Noles. [LY 27 to 2]