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If you get the chance - momentum makes for a lot of chasers........
It's re-load time for the next run
thinking .005 is the pivot point - don't want to be premature on this low floater.
Thin and running like a banshee................
Bid keeps arising - nice & steady to a penny.
Volume leader already -
1.25 mm crossed premarket on the ask -
Could be another Marley Coffee (OTCQB: JAMN), .225 cents today - Cannabis K-cups
860k @ .0021 - nice
Someone sold for .0015 when they could of gotten .0029 EOD. foolish
Just put 500 k on the bid myself and it took.
Remember what happen to Caribou Coffee ?
Cannabis or CBD K-cups for coffee and tea might get them there.
.0014 is a steal with a .0028 - .0032 target. Look at last time the volume spiked. http://stockcharts.com/freecharts/gallery.html?LGBI
Southie, seeing .0031 as a triple top target for support.
Bids building nicely -
This is nothing but accumulation - look @ the 5 minute chart. Folks teeing up for a run. Big buys in the AM, and small buys all day long,nice setup.
huge bid setting up for the next run - flippers hardly flipped - lol - waiting on the next leg to .0026
Accumulation - once .0015 falls - look out
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Pivot point - .01='s 2.6 mm on the Bid
My guess is management is as cognizant of investor concern's as well - they are also aware Steep Hill is presenting this weekend, and their relationship therein. Can't imagine jeopardizing either is prudent from a professional or a fiscal standpoint.
I don't think you'll regret it. Volume indicates flippers and profit takers have stepped away which is evident in a lot of these quick risers. It appears those that believe in the Company and the Steep Hill relationship are hanging in there. A bit of news and there should be a renewed catapult. Stabilization here will be the true indicator with slow accumulation being a strong indicator.
"Presenting sponsors include Poseidon Asset Management, MJIC, National Cannabis Industry Association, Cannasure Insurance Services, O.penVAPE,Drug Policy Alliance, MassRoots, Marijuana Policy Project, CCB Global Enterprise Inc, Canna Security America, Lizada Capital, Electrum Partners, Jane's Brews, Viridian Capital & Research, Steep Hill Lab, Harborside Health Center, and CanopyBoulder."
Yes & Steep Hill is presenting this weekend to ArcView shark tank - "Marijuana Week" in D.C. - http://globenewswire.com/news-release/2015/04/28/729066/10131084/en/Marijuana-Week-in-D-C.html - Now as an investor if I D.D. back to Steep Hill looking for a back door w/o dropping 50k - where does it take me............
Don't worry, panic sellers always freak in the 1st hour - 10:30 arrives and the opportunity buyers arrive after they stop laughing.
Exactly - PZOO/Steep Hill will round trip again to 2 cents again easily. nothing goes up forever w/o consolidation/profit takers.
If they announce tomorrow http://globenewswire.com/news-release/2015/04/01/721173/10127216/en/Pazoo-s-Harris-Lee-to-Take-Over-Operations-at-Colorado-Marijuana-Testing-Facility.html - there will be a lot of disappointed sellers today.
#PZOO - nice finish though -higher lows and higher highs - makes for a steady rise.
Looking to close green -
Hey could end up being the most respected functional Lab in the Country with a head start - 67 mm market cap on CannLabs indicates where PZOO/Steep Hill ends up.
Actually nice orderly day. The folks that want to get in for the Steep Hill relationship now have the opportunity. Flippers seem to be gone, opportunist seem to have arrived. Accumulation is occurring.
Buyers stepping in - nice volume on the bid move.
"the company is looking at growth accretive opportunities and will deliver the same." pretty much sums it all up - Can't grow w/o expansion, just have to make sure it is accretive growth.
Steady accumulation (buyers) doesn't precipitate selling at a loss for most.
27.5 mm shares in 1.5 hours - accumulation is happening - hard to deny -
stabilization, accumulation, you'll see .02 b4 you know it.
Yes buyer's coming in - congrats to those that caught those lows- what a shake out