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This must be some illegal manipulation. What is happening?
How does this go from going +50 to zero or red. WTF
I guess I missed the 4th Quarter financials? That doesn't seem right.
Yahoo only has up until September and many other companies are posting 4th quarter financials this week.
http://finance.yahoo.com/q/bs?s=ECIG
When do financials get released?
The bid and ask are always really off before about 830 or 900.
Oversold not Overbought
This is why I don't look at stocks before 1030. Massive selling by profit takers.
Glad I left FITX to go here
That isn't about this stock. Post only about ECIG. If you want to post about another stock you like go somewhere else.
We are definitely going to get back up. With any luck we can reach that $20 mark again in a few years. The expected revenues alone justify a lot higher PPS than this. This is a no brainer BUY!
SELL so it hits $8. I would love to buy me some more!
Well I lost 5K shares trying to flip. That sucks. Maybe another time I will gain them back
Glad I bought more at 10. Total of 277K. Not too bad! Awesome for everyone who has 1mil+ shares. I see an awesome day on Monday!
yes, but that's what FITX is doing and they have backing. This one doesn't. From the looks of it they will have issues staying afloat. Do they have any investors giving them millions?
what the heck. why do people invest in this one?lol!
Oh great I guess I will be doing a lot of research there.
Yeah I have done a ton of research on them and I think they stand the most chance of surviving. I've heard a lot about LATF I may look into them. I do a ton of research before I invest in anything.
I only see 328.22K
I am looking into this one. Why are people investing? From their financial report I see their Balance Sheet as...
Total Cash (mrq): 410.00
Total Cash Per Share (mrq): 0.00
Total Debt (mrq): 328.22K
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): 0.01
Book Value Per Share (mrq): -0.00
Is that 410 dollars? This is from Yahoo finance. Again I'm not trying to bash. I'm just trying to find out what is special about them. Their Operating margin is super high so is that a good thing?
Excellent close! Expecting a good day tomorrow! Oh and Bibster I can't PM you back but I dont care what you believe. My opinion is just that just like yours
Good point but he also might post on Facebook that they are inspecting.
Yeah I saw that. I just dont see him allowing them to fail even one inspection.
I am aware but the thing is he knows that every time they fail his stockholders will probably take a hit. Did you see how long his request for building was? He wanted to make sure nothing would hinder them from getting denied. He has been doing really well making sure the shareholders dont get screwed which is why I am still here.
Not really and I didn't mean to offend. It wouldn't be wise for them to try for a license with just a fence up like others are saying. There is a lot more that goes into their process than, "does it have a fence?" The building needs to be complete. If it is not and they try to get a license and get denied because of something small then you clearly dont keep up with Bill much. He is a lawyer and I doubt he would allow anything hinder them from the license even if he has to wait until it is 100% built and the pods are in there.
doubt they would rush it until the remodel is 100% done. It would be too risky.
The building still has a few months. IT will be at least a few weeks after they build it before they get a license. Please get facts straight. I like this company, but I don't want people giving out incorrect information to hype the stock and turn it into something bigger than it is currently. That equates to a massive drop or at least warn people so we can buy and sell. I would love to have 1mil shares.
Volumes simply mean buying and selling. As far as volumes of buying you have to match with selling. So if someone purchased 5mil shares and another person sold 5mil shares nothing would happen to the stock price from those buys and sells. At the time yes but by eod nope.
I hope you are right. 3billion shares is a lot. A buyback would be nice. I know he was planning on doing one.
exactly! It will take 300m to increase .10cents. It could be a few months before we even see .20cents. It depends on investors and other aspects.
I'm not trying to bring down the stock at all, but I also would rather it not be hyped up only to see a huge drop. I'm not good at buying low and selling high.lol! I try though.
Look how many shares there are. Do you even realize how much it takes for 3 billion shares to increase by 10cents? I hope they do some buybacks with their money they make. Don't get me wrong, I mean when I was at 5 cents I didn't think it would hit 10 so quickly(within a week), but .30 by end of the week or even .20 could be unrealistic. every 10 cents has to be $300million without a buyback.
I agree. I got in at .048. Started with 10K and now I am at 24K. If it hits .50 I would love it and probably show a lot of people who kept telling me I am going to lose a lot of money. I am happy with doubling it!
I don't think he can perform miracles, but I am still in this for the long run. I've made good money off of it. Bill never said he could get the grow license in a week. Now people are just being stupid. I am staying knowing we won't expect a license until probably May or even early June. People just want a get rich quick scheme I guess. It's not going to be "weeks" quick. If we are lucky we may see 50cents by the end of the year. Be realistic people.
Hey anyone know why people keep on believing that we are getting a grow license within a week or two? They have to inspect the FINISHED building and approve us which could be a 3-4 week process after the building is built. Am I misinformed? I thought Bill said that on the two hour interview.
Though I may be wrong
Yes, but FITX only has their hand in growing. PHOT now has a hand in almost every aspect of it. Supplying the equipment, growing, and they have a lot more ventures coming up as well. They also have a part in ENDEXX I believe which is another dispensary. So they have a hand in production and end user product. That cuts out the middleman leaving them more profit.
I would love to invest with them as well! Although they only can grow 33,000lbs I believe it is. Probably enough for one country, but FITX has overseas in mind.
slow day today it seems. looks like it will stay pretty close to the same value today.
Yep, hopefully that is the case. I would love to see this at 20 cents soon! A lot of my family keeps calling me crazy for investing, but IVE DOUBLED MY MONEY!