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I'm a ways away from Tenino, WA. The companies and businesses that you are associated with, may accept and recognize those as a form of currency. But mine don't, & won't. It would be a cool conversation piece I guess. But my guess is that to anyone outside that area, those are worth about as much as the wood they were printed on.
Whatever you wanna call it is fine with me. I'm just saying that I wouldn't put much weight into anything they release.
Wallet investors? Lmao. Don’t wanna ruin your hype cause I am a holder. But imo that place is about as legitimate as a wooden nickel.
https://ih.advfn.com/stock-market/USOTC/cannabis-strategic-ventu-qb-NUGS/trades
Looks like the buys are keeping up pretty well with the sales to me. Maybe a little lopsided. Bunch of price games being played though, look at all the small trades. I've seen many days where the buy and sells were a lot more lopsided than they are today.
1.4 mil volume so far today. price rise so far = .0001 This is heading right back to another RS
I'm kinda hoping they don't release these til after Friday. I should have more funding then and need to Avg down to .09 at least.
I jumped in at .11 and have been avg down since. News will be coming. Can't argue 10 sessions down 25% bleeding has hurt. But I am thinking long on this. Something gets done on LOI, and monthly sales continue improving. IMO then I see no where for this to go but up. See how the gamble turns out. But I'm not ready to cut losses yet.
No way .10 ever gonna happen here. 118 million shares moved today alone, and the price has dropped. At.10 the market cap for this company would be ungodly with their SS the way it is. IMO with the SS what it is, it will be lucky to ever get to .01 let alone .10 maybe .10 after 1000+/1 RS.
Also if you examine the assets that they do have. Their not short on being able to produce product. $1.3m for 1 month may be their record. But it definitely does not look like that is their full potential. They get that other facility done and more sales deals. They could be looking at $3-$4mil a month. Within a year.
Buys are killing the sells at these prices. No shortage of people stacking. IMO enjoy the downtrend and get what you can, when you can. If they can continue putting up sales #’s like they did last month. Then this is going to have a long mountain to climb to get where it is headed. Investors can probably expect around another $2.5-$3mil or so loss somewhere on the balance sheets for this year if they can open up another farm. But if they can get that done (Like their LOI says their trying to do) long term investing here is going to pay off BIG!
Look at the size of some of these trades. 8, 10, 20, 48,10??? It would cost the average investor more in fees than It cost in share price to make this form of transaction. MM beating the price up soaking up shares and waiting for the next wave of good news. After the first hour of trades today the trades heavily went from sells to buys. Confidence hasn’t been lost here yet. Smart players avg down waiting for the next wave of good news like the MM
I believe they are working on the Audits. I don’t believe they are going to be coming with these financials. I’m going to wait to get in after those financials released and more investor confidence is lost. I still see RS coming. If they have what they say they have and are working on what they say they are working on RS seems inevitable to me. This would be far more appealing with audits and half or less the float that’s out there now.
RS cause they going to drive it into the ground by the time they get those audits out. No fuel in the plane it’s going to crash.
Still has potential to end the day up. With the trades being made it seems MM trying to keep price low. I wouldn’t say investors have lost confidence yet based off the minimal negative volatility the price has shown this morning. Actually seems like support is holding strong imo
I made a decent return on the GCAN spinoff. Made more on that than I ever invested in this. Still own a small position in this since all that. Kinda just chalked it as an L since I made more than I invested anyways. Never got deeper after that. I might gamble on him again if the situation was right. Soap scrubees not going to draw me in though. I wouldn’t count out AMDAQ. They own a TA. Last news I seen looked like Sylios was investing more into it?
When the audit don’t come, that current support level is going to dip even more. I think they are working on the auditing. But I think this gets much lower before it gets released. Other people would argue and say SS is fine. But imo they be best suited diluting it down before releasing the audit then RS. Definitely not going to be a popular idea for baggies. But if they really sitting on 180 million in assets, they release the audit and reorganize their SS more friendly than it currently sits, then it could hold dollars. At that point they could uplist to a major exchange?
Right. Imo NUGS share structure is in a much better situation than many of its peers. Many of its peers sitting on public floats of 500mil maybe a billion plus & an AS of at least 1.5billion + (or many more) The fact the company seems to be sitting on a bulk of the OS, and continues to operate the market at about 1/3rd of their AS instead of flooding the market and massively diluting I believe shows they feel that they can really create value. They know they don’t have to be a wash rinse repeat machine like many of the bad picks many could make in this industry.
Not understanding your major concern as to equity as from 2.5 mil to 5.7 mil seems like an increase? Confused here on your csv comment?
Not too concerned with the dilution as it is equivalent to roughly $1.5mil at the current pps? If OS was closer to maxing out to the AS I think the issue of this dilution would be of more concern? Also shows for the entire year. Anyone thinking a company that said from the get go that they were going to push quality over quantity was going to be profitable from day 1 at the farm was fooling themselves. Imo they’ve figured out the quality and have began pumping out the quantities. If July sales are comparable to June And more progress is made on the LOI I feel there’s still a lot of room for the pps to grow. It will be interesting to see what the market thinks.
Jumped in too late for the last run at .113. I just avg down to.108 picking up some low .102’s. Holding. Next month going to be huge when they release info regarding their July sells. If they are comparable to June, and they can get something figured out on that LOI. Then imo this could be .50+ by the end of August.
The Accdist does not align with the on balance volume. Therefore, when it come to actually calculating the true accumulation, it can be very misleading. There’s a ton of big words that go along with analyzing all this. And I’m not gonna explain it all to you. GL.
I agree 100%. Wasn’t me that initially said there was a lot of accumulation here. I’ll throw a small bone to it at around .009 just as a long shot gamble. But tbh I doubt that audit ever comes. Only thing they know about the word audit is how to use it on Twitter. How long they been promising it’s coming?
Massive accumulation with those 7 trades so far today haha
I think I’m going to get that 8% by closing :) somebody slap the ask and keep me out this mess lol.
No heavy accumulation going on right now volume dead.
I’ll be a baggie if they lose 8% today. I got my bid in. I don’t have a ton of faith. But worth a gamble if that audit is really on its way. If it’s not released when financials are due I suspect it will be a losing gamble.
If the accumulations were being held, price would reflect as such. Seems more like heavy shorting and flipping. I’ll agree the previous RS were done by the previous company. But with price currently dwindling; and the length of time they’ve been promising that audit, IMO if they don’t get it completed and out soon, the price will continue to dwindle.
The 180mil in assets and it being so cheap is extremely enticing to newbies. But it hasn’t been above .03 in 2 years. They are no strangers to RS. SS not necessarily pretty at the moment. The upside they get that audit completed and this makes a move in the right direction. The downside, they just keep teasing about it, let it dwindle to nothing then RS again. 1 way baggies get paid the other they probably going to lose 99%. Haven’t done a RS since 2016 and with their price and SS where it currently sits imo it’s a scary investment. Especially when there’s more empty promises on twitter from them than statements that have been achieved.
Not me. It’s Wayne Anderson. Lol. I like the guy!
Woudld definitely be interesting to know more about it.
Anyone know how to find out any more information regarding this sort of trade? It is marked avg on investor hub? All other trades have no marking. A similar trade occurred a day or so ago right after the closing bell. That one as well seemed around .008 lower than what the price was upon market closing? And on that day if I remember correctly, the price gradually had risen throughout the day? Are whales slowly coming along soaking up 100k & 300k shares at a time, and finding a way to discount them from the market? Or... It’s worth raising an eyebrow at and wondering.
Read my last post, & see. They have done a better job at insuring quality, than they have at meeting demand. This is why they are ready for 300k more sqft. Technically it seems to me that they are consistently running low on product. They may eventually need 3 or 4 more 300k sqft facilities to keep up with their demand depending on what kinda sales deals they can get done. They keep doing what they are doing; keep the float relatively low, and the books straight, the skies the limit here.
Anyone thinking this place is going to have problems selling product, needs to see this. These boys know what they doing. Hope they don’t mind me stealing their picture to show. :)
https://pbs.twimg.com/media/EcUrhm6XYAAPfdE.jpg
Yes. .0001 for sure, I totally agree. In fact, this is the worst stock ever. (as we both secretly continue to tuck more shares of it away into our portfolios).
Sells killing the buys so far today. Scared money don’t make money. Take your pennies fools. Longs going to make the real bank.
I like their style of not releasing just any junk news like a lot of these junker penny companies. Shows that this company is truly working on substance. Happy as hell to be a part of this.
Last thing they need is more of that bs. Got enough words out there already. Promises only going to get you so far. Like I say though this is very enticing. But where’s the bottom?
I totally agree. I’m going to get 1000%+ on this or bust. Patience is the key.
The avg volatility has not been there. I expect sideways until we get more news. Going to be minimal ups and may have days like today where the lower support seems to be getting a little tested. Tomorrow is pay day for the working man (people like me), and it will be interesting to see what kind of spending there will be from the market on this.
This is extremely enticing. But where’s the bottom?
Looked like it tried to break for a run late yesterday. I’ve been thinking the same thing about the levels being very tight. Bound to break out eventually for sure.