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Are you on Etrade?
Yes I noticed the etrade rules as well, though the ability to sell only should cause the price to drop, not rise. I unloaded 5 Mil yesterday, as I'm expecting it to go back to its regular. 0002-3 soon enough, but I'm also holding 20 mil just in case it doesn't.
Someone needs to push this in r/wallstreetbets
Market cap represents the value of the publicly traded shares. It's currently at 1.2 million because it's worth $.0006, and there are 2 billion shares outstanding. The market cap will change when shares are sold at a different price than what the stock it at, adjusting the current price of the share. Market cap is not adjusted by any person or entity, it's a mathematical result.
I think rsap was just giving an educated guess, not threatening action
Has nothing to do with dd, has to do with what happens to a stock that moves because of news, and what happens when that news isn't followed up. Excitement dies down, and then the stock drops. Volume is down, every day has a lower low than the last. If the 27th doesn't bring a PR, people will start profit taking, and you'll see a sell off. Yes, just my opinion, but I'd wager it's a more accurate opinion than the people claiming penny land in a couple weeks.
6 MIL owner here since 2014. Definitely see potential here for penny and beyond, but not for a while. Stock is volatile right now, and with no real news for 2 weeks, will be in the 20s by next week and the teens by the week after that, and single digits after that if they stay quiet. Not a hater here, just a realist, attempting to use the message board for what it's meant for, instead of selling pipe dreams.
When all is said and done, we're all gonna feel either really smart or really stupid
Yea, saw that a few min ago, but we all know he doesn't recommend stocks with as much mystery as CWIR
well said
Next to CWIR is says -$7800. in bright red(for today). Nothing is giving me comfort until that turns green again.
Well, shows they are legitimately planning on making a MJ soda. Great name, LOL
I own 6.1 mil
Please take that post down, and please no one call him. If you want these guys to get stuff done, they shouldn't be fielding 50 calls a day.
I hope so, would be nice to take advantage of the long term capital gains tax on this one
1 post, a lot of money was made by pros and lost by amateurs, and the share price is still the same an hour and a half later
I'm already a holder and have been for a while, have gains I'm very happy with so far. That being said, we've been hearing that stuff for a while, and there are amateur investors(like me), who take the word "Will" to be represent a fact, and may invest money in this stock based on that. Please stop posting this stuff. If we're gonna get an update, let it come. It will come when they are ready.
I'm fine with no news as long as we're moving north . News will be a multiplier. The higher the starting point, the higher the ending point.
Lol, thinnest ask one ever seen on a green morning
yes, he gets direct info, but if the company is a sham, or about to file for bankruptcy, or about to have an implosion, are they gonna tell him that? NO! but he has a history of picking stocks that go up, and companies that do well, and the reason he has that many followers is because he has a history of picking winners.
The Wolf is just a guy who does his DD on an extreme level. Check out his article on SPLI from feb 19th.
That being said, I cant find any stock that was on his radar from sub pennies. He usually picks stocks that have gone up to pennies, does his DD, looks to see if they are gonna keep going, and decides from there. He's an incredibly intelligent guy, and he doesn't take unnecessary risks, and any stock that is still in sub pennies is ALWAYS a big risk, otherwise it wouldn't be in sub pennies.
I think you know as well as I do that if they add 3 billion shares out there, the share price will dive. They may introduce some more shares, but I'm sure it will be only what is necessary to accomplish what they need to without killing the share price.
I agree with SRT8. Perhaps the best way is to post information in this board, and post links in other boards if need be
That makes a lot of sense
Yes, opinions shouldn't count, and DD should be paramount, that being said, I want to make sure I'm clear that I think you are too negative in your postings here, and it seems you may have an agenda. Just my opinion. Not here to offend anyone. I believe in this stock, based on my own research only.
Everything that Harvard88 has said makes a lot of sense, and the part of me that is a skeptic (we all have in us) says cash out with your 400% gains and move on, but when I look at the whole operation as a whole, it shows diligence. Any company can put out a PR and say they are gonna grow MJ, and produce products and drinks, but these guys have gone a step further, they have secured a company with the land to grow it on. They have secured a beverage company to produce the beverages, they have taken steps that show to me they intend to move forward with their promises. Whether they will be successful, only time will tell, but as far as their intentions go, I think their actions speak for themselves.
I get that the bids aren't coming in crazy, but when it was just selling at .006, why would you sell at .0045?
A lot of red all over the board. Been seeing guys tweeting their losses today trying to show each other up in who had the worst day.
I have 6 mil that I'm not letting go anytime soon. I'm expecting these guys are going to accomplish evening they said they are going to do. I see a lot of long term gains in my future. Even though there may not be a whole lot of excitement, when I look at the amount of ASK, I see a huge amount of confidence, and I'll take that over excitement any day.
I'm indifferent to the sell off. Smart money knows this is too thin to chase. So sell your 2 mil at .004, you'll be lucky to get back in at .008 once any news hits.
Scared money don't make money
These short players are vicious
outside of 1 or 2 jackasses trying to cash out with 8 mil at one shot, the ask is so thin right now, a couple extra eyes will drive this past 6 easy.
I think there are a couple short players on here, based on the chopping I've seen over the last few days. Problem is, the ask is way too thin, and outside of a couple thousand shares, they're not gonna get any as low as they want it.
Choppers gonna chop
Thank you far saying that. I've been trying to get that message across as well. Too many people have been screaming about the 31st, if nothing does come, there could be an implosion because everybody is treating that date like a hard line.
agreed, the guy has a solid rep, and 10K followers because he doesn't just retweet what people send him. A lot more work needs to be done by the company before it will be promoted to the wolf pack
a nickel?? MJ stocks are making millionaires with 2 states having uncriminalized MJ laws. 16 more are in the works. If these guys hold to their promises, you will be leaving a lot of money on the table.
3 weeks ago it was the same 15 of us posting. A lot of new faces
It seems like there are a lot of people holding on to their shares at this point, which explains why it moves so much on modest shares changing hands.
That would then point to the shareholders having the power to dictate how high this runs. If 600M are locked up in the hands of people holding out, and news brings a demand for 130M per day, it will run as high as people hold it.
Even if you only have 1M shares, holding it to .50 would be a life changing decision.