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TMEvans is correct, these are new shares so a small amount of dilution but this will give them the cash to build out the facility and also puts somewhat of a floor on the price as some may have been hesitant to buy with the last financing at $0.85. This financing and the news of the accelerated build out has really boosted by confidence that this more than just a bet that TWD will take on a bubble valuation like all of the crap US OTC marijuana stocks. I see significant upside here over the next year as revenue starts to flow in and medical marijuana patient numbers grow quickly under the new system (I personally know several "new patients").
filled the gap from the first day... lets hope this is the bottom
you really should get your numbers from an official source not some crappy penny stock website. that number is wrong, it is about 35 million shares outstanding.
right on. now lets just hope there is a revaluation of both to match the fundamentals.
he is actually correct. only about 35% of the stock is restricted and the rest is trading.
fdcff sizzling... Forum Uranium (FDCFF or CVE:FDC) - 10 million shares (40% owned by management) and their uranium property is right next to Alpha Minerals discovery from last week (on the same trend line). Worth far more than current $5 million market cap. Do your own DD.
Forum Uranium (FDCFF) ready to break out. Only 10 million shares (40% owned by management) and their uranium property is right next to Alpha Minerals discovery from last week (on the same trend line). Do your own DD.
Forum Uranium Corp.(FDCFF or CVE:FDC) is ready to breakout. Only 10 million shares (40% owned by management) and their uranium property is right next to Alpha Minerals discovery from last week. Do your own DD.
this seems to be taking off.. they are right beside alpha minerals discovery along the same trend line.
volume has picked up as the price increased eod.. trend reversal?
agreed i considered that.
is that period for just tax loss selling or for gain as well?
Even if they manage to get it below 500 it won't stay there long imo. Shorting at this price is like cooking a grenade (and you never really know how long the fuse is).
citi just got caught with their pants down. I am glad I sold my puts Friday and went long that is for sure.
looks like a bottom
i just wanted to know if its possible cause at some point obviously this can't hold up. i can't short otc stocks with my broker though apparently
i've owned this for a long time and not payed attention but its up alot today on high volume anyone know why?
Why's that?
Has anyone managed to short this? I can't seem to get any shares to sell.
I like the sounds of that. What's your reasoning though?
Looking good this week imo
I am all for being very critical of these types of stocks but it needs to be based on real evidence. I have found nothing to support sunspotters claims, but would love to see some facts. Worst case scenario that I see likely is PRs and the pps heading north of .005-.01 in the next few weeks. If the company is planning on dumping shares we aren't even close to a price that they would do this at IMO (and I doubt this is in their short term plans). It would be nice to finish the week with a green day though!
I would be surprised if we didn't get some sort of news after the weekend. That should be the real catalyst. We are looking real good for the next couple weeks IMO. I have looked hard but have yet to find any substantial evidence that makes me doubt that we will be making bank off TEMN in no time. I'm up to 5mil and still adding.
its nice to see upward movement before news.. although I was planning on buying more cheap shares! this could be huge after news
Found this if anyone is interested.
http://www.prurgent.com/2012-02-08/pressrelease224077.htm
I'm looking to add, do you think I will be able to get more 3's before the end of the week?
Lockdown Count : cut/paste 'n add yours
240.000 Joshua33
11.000.000 Mudslide
2.200.000 Appie Holland
1.800.000 Justlong
1.800.000 grinny99
17.040.000 TOTAL
1.8m adding more today
You have me convinced! I will probably take a modest position. Is there any reason that they would be purposely misleading shareholders?
thanks secco. good luck with this I will certainly be interested to see if you are right!
Hey, I'm new to all this just what are you referring to when you say L2?