Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Sold some more at $1.20....this one has been very predictable for past two years.
- IMHO
There’s an easy solution for you...sell whatever you have in this and move on. By hanging around here only shows you must have other motives for what you’re trying to do. These pinkies are for speculating and if it doesn’t meet your criteria then just sell your shares and move on. The stock is certainly liquid enough. Just push the button and pick another company...simple! It’s not that complicated
- IMHO
This isn’t any new revelation...it’s been out there since last year including the fact that there were already settlements among the different parties (public info).
BTW- that Sharma guy sold the technology to LFER and as per their filings...he’s got no roll in the company. I think it’s too early to see how this plays out but you shouldn’t be “investing” in OTC companies anyway- they’re for trading and momentum plays.
- JMHO
Good idea. I’ll only sell part of my position up here since my dollar cost avg is about $0.59...I’ll keep some of it to see if this has more legs to it - this time around.
- JMHO
Nearly hit my first Sell order- $1.00. As predicted....
Just pick a little here at $24. Looking to build a position between now and early next month. March ‘21 is looking a lot like March 2000....
- JMHO
It’ll be interesting to see who they’re going to be putting in charge as the new CEO. Should probably be announcing it soon based on their previous announcements. Let’s see...
- JMHO
Sounds about right....
- JMHO
Just got alerted to another small software company NX@B on the OTC (but not fully reporting like LFER but very similar share structure) that just announced a “partnership” agreement with another company that’s sounds like a virtual startup and look at their shares today. Wonder what would happen if LFER were to announce the same thing but with more substantial and well known companies (in this industry)...??
- JMHO
Not sure but see my previous posts about taking a position right around the pricing of their last offering. I’ve done this at least the previous three times over the years and it always seems to work out for a decent gain within a couple of months after the offering. Will keep doing it until it stops working.
- JMHO
This stock is like clockwork....next stop will be $1.00.
- JMHO
Well this sleeper finally came back to life. Based on the press release, when they finally announce who the new CEO will be then it won’t matter (or be necessary) to discuss who founded the previous company. This was an asset purchase type deal. The technology, the partnerships they sign up and who’s going to be running it going forward is what’s important...
- JMHO
Picked some up bit at $0.58 to see what happens...
- JMHO
Reed’s Inc. (Nasdaq: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced the pricing of an underwritten public offering of 18,750,000 shares of its common stock at a price of $0.56 per share for gross proceeds of approximately $10.5 million. Reed’s has also granted to the underwriter a 45-day option to purchase an additional 2,812,500 shares of common stock to cover overallotments in connection with the offering.
See you folks at around $0.56...
- JMHO
As predicted and on clockwork.....
Reed’s Inc. Announces Proposed Public Offering of Common Stock
Source: GlobeNewswire Inc.
Will wait to see where’s the Offering going to be priced.
- IMHO
This company has great tasting products but they have NEVER made a profit! At some point they got to change that dynamic especially as a NASDAQ/NYSE company. I’m glad I sold everything when it popped over $1 (avg sell price $1.17 w/ cost avg of $0.64)! Might look at it again down in the $0.60s but don’t be surprised when they announce another Offering and more shares being sold down there!
- JMHO
As predicted....this will be back in single digits sooner than predicted. No need to jump back in anytime soon.
- IMHO
Sold my entire position when this thing hit over $14 back in June (dollar cost avg was around $9). Was looking to go back in but how can you when the Nasdaq is at all time highs and this keeps floundering down here? Once the overall markets begin to correct again (September- October), I’m suspecting this thing will trade below $10 again soon. Might look at it again then.
- JMHO
Haven’t been on this board in a long time. This poor company went through a sh*t show of a restructuring (I.e. basically they got rid of most of their beverage business which was bleeding them dry as per their filings) which killed the stock since last year. Looks like they’re shifting to the cannabis and CBD businesses but not sure how or when they’re planning on doing it. I’m not in it but will keep an eye on it to see if anything develops.
- JMHO
Target met....sold some more here! Looks like it could go higher so I’m still keeping some.
- JMHO
Still long (half my position) as I still think this could hit a dollar!
- IMHO
This is performing very good lately! I’m glad I’m still long from March’s lows!
- IMHO
I know the markets are acting well but for once in a long time so is this MJs......still long!
- IMHO
Yes, this what you want to see if you’re long.....up day on down days in the overall markets! Let’s see....still long from the March lows!
- JMHO
Might as well have been....
- IMHO
The MJ is reverting back to its olds way of showing its demonstrable relative weakness to the overall market! Not a very bullish signal whatsoever. It’s in moments of bear markets or corrections that you can best tell who’s strong and who’s not. This group has not shown any signs of that yet- not even by a long shot! Until it does, there’s no need to jump “all” in. Take a small bite here and there wherever you think it’s a good entry point but certainly take any profits, you can, that seldom come in this thing when it does bounce from time to time.
- JMHO
By the looks of the amount of volume since they priced and placed their last PIPE ($0.375) it could be that the market has absorbed the bulk of the shares that wanted to flip for a quick profit. After yesterday’s earnings report, this should trek its way back to a dollar. Still long about half my position but will look to lighten up at around a dollar. Let’s see what happens. Good luck
- IMHO
If so, that’s fine with me since I still have half my position. In either case, this thing has NEVER made a profit so we’ll have to see if “this time it’s different...”
- JMHO
Sold half my position- right here near the mid $0.60s- that I picked up at $0.40 back on the 20th of April! Will scale out of some of the rest if this keeps trading upwards.....
- JMHO
Still long....avg. price $9 and looking to see if $15 is doable by June. We’ll see.
- IMHO
FYI- this company has NEVER been profitable despite having very good product(s). I’m not sure how they were able to pull off an equity financing in this market but it was probably in the works over a month ago when it was trading above $0.60 (ie their last Offering price). Nonetheless, it might be worth a shot for a quick trade to pick some up here in $0.38s slightly above the priced deal going into the Summer. Last time they did something similar it took the market a couple months to absorb the new shares so don’t expect this to go past $0.45 any time soon. But if you’re willing to hold it for at least two months then you could see a “pop” back up to $0.60 or so for a decent gain. Make sure to keep a stop loss at $0.30 in the event this breaks down completely. Good luck!
- JMHO
FYI- this is not a stock but an ETF. This is very speculative as well as the whole cannabis sector as almost none of them have proven to be able to show profitability. Try finding the strongest of the bunch but that’s like saying the least ugliest one. Also keep in mind that some of them will never make it to the “bounce” back but instead go bankrupt. This is not for the faint of heart and I’d cautiously approach this group and keep tight stop losses! This sector is not out of the woods yet and cannot be trusted.
- JMHO
Still long some...will hold or buy more if I think the time/price is right.
- JMHO
I’m not too concerned about the Dow even though it’s taken a big hit again today. I’ll become more bullish on the MJs if it keeps acting like it is today in that it’s the first time I’ve seen it hold up in the face of a big down day in the markets. Although I’m keeping that old adage in mind that says, “one day’s trading does not make a market trend...”
- IMHO
This thing is finally starting to show some signs of relative strength. Markets down big this morning and this is up slightly after a decent bounce off the bottom. I’m still long most of my position (avg cost $9) but I did sell some yesterday slightly above $12. Any pullbacks in this thing should be small and brief IF in fact this has turned the corner. Otherwise it’ll still be considered a very weak ETF to be in...we’ll see!
- JMHO
Selling some here in the $12s and keeping the rest....still dollar cost average of $9. Let’s see...
- IMHO
Still long this from an avg of $9....trying to keep this position so long as it doesn’t breakdown below $9.50 again. Let’s see
- JMHO
At this point it better hold $9...that’s where my Stop Loss is at.
- IMHO
Now have a sizable position with a dollar cost average around $9....will see if this can get back to $10.
- IMHO
It’s either going to break higher past $10 or it will completely disintegrate and break for new lows......and I’m thinking its going to happen soon- one or the other!
- IMHO