Trust me, trust no one.
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I feel so justified buying in to the unfounded fear! I picked up another 74k at .0495 to put me at 1.1 mil!
I'm going on a cruise now and won't see anything until I get back next week! What a funny time to get disconnected from it all..
Cheers everyone , enjoy the week...
Oh I know what the problem is with these new MJ gambler investors is. The PR didn't announce 'We are going to some random conference that other big names are at that we have nothing to do with!'
They Love that one 'omg omg omg! A conference!!!! You know what the requirements are to get in to one of those? You got to fill out a one page form!!! This company is YUGE!' Lol
But this is why something like 90% people lose their money in otc land. I'll be first to admit I've made costly mistakes over the years but this is absolutely not one of them.
I'm still buying in. 1026000 shares
I don't even understand how there can be panic?
'We are making deals, growing our business, communicating with investor on schedule, buying back shares, generating multiple source of income, will submit financials early, and will continue to update weekly on our 3 companies that are already making money'
What! It's going to take weeks to grow 3 companies??? Total scam!!! Lol
As we grow and get more attention we will have to accept the number of degenerate gambler personalities will increase to try to drown out the investors voices. Those types will always lose their money in life, even when they make it they end up losing it all and then some later.
Ok I dug deep and got another 100k, at 900k I really want 1 million shares... seeing what I can do!
Added another 140k, averaging up twice now, that is a first in 15 years for me! I even dumped a loser I was planning on holding to buy more. After today I simply can't see these prices this low again.
I'm not a super trader or anything but I've NEVER seen a pinkie:
1) Have MULTIPLE sources of revenue
Actually making profit
2) Buy Back Shares! I feel folks are really not getting how major that is. Look at all your pinkies, if management had extra $ are they going to use it to expand, RD, marketing etc or can they say 'We have enough confidence we can expand AND increase fundamental company value
3) Investor friendly: communicate so well and execute to what they say, no BS pumps , ambiguous hype on some random conference (MJ pinkies love the 'big conference PR)
4) State they will release financial early!!! Another don't underestimate the confidence here with that one, 9 out of 10 times I see a 'will delay notice' first and then a release after market on a Friday (classic strategy when wanting to downplay)
Maybe a couple of those elements in other stocks not never all of them.
I just wished i discovered this sooner and when I did I didn't sit for a month before jumping in!
Anyone not invested: Go read everything you can on AMFE, check FB, Twitter previous news , OTC markets , Barcharts, then come back and tell me I'm wrong or jump in too!
Cheers!
PM
Yeah I watched the stock climb from .015 to .03 before I started really looking in to it. I wish I had twice the shares for the same money!
I can't believe the free money handed out yesterday, it's like I went to the ATM and they had a 'take out 2 20's and get 1 free day!' :p
One of the best things about this stock, there aren't any trolls on this board! That's how good it is!!! Every other stock board is plagued with a few, there is just no food for them here! :)
Yup still really wish I did opposite on my WDRP and AMFE investments lol....
Still long WDRP maybe even add more but if volume doesn't increase I'm going to have a hard time selling!
That's for sure, considering most markets getting crushed today and MJ sector about 75% down stocks and only tiny greens. To trade sideways is good to get any green pretty solid
Pretty every stock getting hammered today, bad ju ju all around in markets. So the fact we hanging out sideways is solid. I just wish I had more $ to put in here but I'm all tapped out for now.
I hope so, a few months ago I put $20k in to WDRP and $10k into AMFE, now I wish I reversed that! :p I'm still long though, anxious for filings or news but long!
I picked up 200k more today, averaging up which is extremely rare for me but I'm feeling pretty good on everything here. Having a hard time finding anything negative (outside of yes, still a pink sheet and they need to keep following through)
I was trying to find any other stock that rated a 100% buy, I couldn't find one from any exchange!
PH of less than 7.5 is very neutral , anything between 6.5 - 7.5 is simply not going to hurt you. (For the PH factor anyway) now something like soda with ph of 3 or so , that's what going to hurt you
500k :( not enough!
Why the heck do you think a higher PH is better? Anything above 7 is alkaline , you want 14 just drink some bleach..... you only want slightly alkaline for your body
So quiet here. Anther red day :(
Seems like whole industry down today / this week so far. I wonder folks worrying about cole memo expiring and if sessions will undo it.
I hope MCOA gives us something before 420....
Same thing again! Have green in morning but always closes a little lower. Holding long but not as strong as I was in January.
Still, I got quite a bit of money in MCOA and everyday it starts green and ends red. Why can't this stock hold ever?
Will hold as long as needed, but it is frustrating as of late. Ever since stupid Spicer made his stupid remarks we have been crushed here.
Got to love the bid and ask higher than stock price. Sheesh
No volume.... like an echo chamber on or trading floor .... hello???....
One would think MM would push for PR to drive volume at least , without it they don't make money
Yes agreed still human factors, watching the pipeline etc. I generally think akin to Tesla's Autopilot. Sure you can take your hands off the wheel for a lot of situations, but you still better pay attention.... The software is faster and needs to be to execute trades based on conditions but the operator can make adjustments as they see it.
Oneinchpunch is correct, just algorithms set to 'screw the common shareholder' people can change the settings sure but in general we get virtua-screwed lol
Wow that is rough. :(
It's possible there is accumulation from MMS for one more planned PnD
Prior to 420 to milk the frenzy.
Remote chance financials come out even terrible but showing the right direction.
Regardless shouldn't be more than 8 weeks before whatever is going to happen is going to happen.
Well I think a decent chance MM are collecting to get in on one more PnD before 4/20. It's a no brainer for them to cash in on the frenzy
Just don't hold the bag of that happens :)
So the 400 share trades basically tells us MM said put up a wall but keep the price. So once they get their fill it will run up a bit more. If you subscribe to the MM signals that 400 = trade sideways
I'll guess for once EOD .0151, chewing away a new wall. EOW intraday will hit new hit but close .017.
Bounce .015-.018 until new news. Then go up from there. (Though as we head to 4/20 can be possibility of general industry frenzy)
Someone have L2? Seems there is a .051 wall. I'm wondering what kind of MM battle we face as we crawl back.
If financials look good and the path forward is clear but for whatever reason folks get impatient and sell I'm going to happily buy a lot more shares and retire in 5 years when it's $10.
Another 150 mil traded and daily range of .0001... (I've never seen volume anything close to this and maintain a .0001 range) MMS can't even make money on that, so only thing that can be happening is pure dump dilution. We must have hit the 5.5 billion A/S by now considering the daily 100+ million dumps.
However even if 5.5 billion shares. IF they manage to sell $1 mil product. At a x20 multiple it still puts a PPS at .0036 or a low x10 multiple at .0018. (Or x20 on $.5 mil revenue)
So there is still possibility..... either hold on or bail.... I can hold for more than a year so time will tell.
Another day, another 100 million shares dumped in us. Who the heck is buying all these shares?
The other two stocks ALKM get associated with: USMJ and PURA are up....
I figure one of three things will happen.
The financials don't look good to an extent they don't report yet and do one last pump and dump. Trick of course it's to know when to sell out. - Break even
They get caught up on financials, I don't expect great but real audited numbers that paint a path forward with continued risk is fine. - Good
We drop to .0001 and fade into the annals of history, possible law suits where only lawyers profit -lose
I'm already in so I'll ride it out, every one of my picks won't be winners but overall doing ok with MJ OTCs.
Well if the did R/S what would follow is a huge pump and dump so I don't necessarily mind, gives a profit and exit point just the same.
I'm just wondering who is still buying these hundreds of millions of shares each day? They can't dump what they can't sell but the market to buy them is obviously very strong.
I've got 21 mil myself but I'm not putting a nickel more in at this point, down a pretty penny on this one for now.
Just a prayer at this point. Miracles happen.
Yeah, I'd love to buy more but I've already got $20k sunk in this one and that's about all I'm willing to give unless one of my other stocks pops and I get more cash.
The 25% spread days such complete and utter bullpoo. I can't recall a spread so huge on any stock (not counting when stock so cheap .0001 is 25%) But they doing it because it works for them, it's greedy and short sighted. Instead of skimming $500 off of 1 million shares they could let it run and skim $5000. Just stupid.
Looks like walking us down again. Not enough pressure still. Need some real news to create enough to overcome the super screw MM algorithms
Yeah, seriously it's such crap. Considering the volume is not all that high one would think it would be in their own interests the let it run. Then they can skim a lot more.
Though pretty much every single OTC MJ stock is the same in this manner, the manipulation and crushing moves is at an all time high, and not the good kind... such total crap....
I think they saw the rush in November and saw how much interest was in the sector and they all turned up their algorithms to 'extra screw' but it's to the point they are also screwing themselves.
Nothing can do it seems....
The '100' share trade is just a signal from one MM to the others that they want shares and are going to whack the price down. Algorithm collusion at its finest.
That would be a dream for sure, here' hoping!
I think a huge helper would be the Cole memo gets announced as renewed. As the 'Trump Rally' plateaus and even slumps a bit hoping that puts additional pressure to not f--k with a serious revenue and job stream.
Legalizing Marijuana, that's just the sort of thing America should be doing. Don't let our Northern buddies get there first!