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Dewmar Int. is in a good position, due (or Dew) to their investment in New West Genetics. This seems to be an investment that may be getting ready to sprout. The Farm Bill is advancing through government and it appears that it will include legalization of Hemp in the United States. The dead line is the end of September. And with Mitch McConnell brooming the ice in front of the curlers, the President will most likely sign it. Interesting to see how MJ legalization and Hemp Legalization will happen. Looking at NY. They are getting ready to legalize Rec Marij. Cuomo is reversing his stance on MJ. prior to election, knowing that his opponent is for legalization plus the money factor. The Republicans are in a weird spiral now after the Primaries in Ohio etc. What will they do to turn back the blue wave? Esp. knowing that the dems are going to use legalization as a platform. For many of us MJ investors we have seen our investments lying dormant for years. That may well change sometime in the near future.
Seems like there are a number of companies in this space that are sitting on news. One look at the index and it is clear to see why. The green index is primed and waiting for Whitehouse news. Untill then releasing news would be futility and a waste of pr power.
Right. The volume has been consistent for some time. Back when California went legal, quite a few pot stocks began to gain value including MCOA. The AG, J. Sessions immediately put a damper on that and the value dropped by fifty percent in many cases and from there a lot of these stocks have been in limbo including this one. If you look at the index at marijuanaindex.com you will see a chart that pretty much sums up the whole picture of languid movement associated with piecemeal law changes in various states. There has been talk of a former CFO that had 90 million shares and has been selling/ not sure if that is true but does seem to fit, looking at daily charts. As long as current AG is in office and current administration dominates the Govt. here in the US my guess is most of these stocks are going nowhere. I think some investors of this company believe that the Farm Bill (expected to be signed by end of Sept.) could bump MCOA. But imo. every bump will be followed by a subsequent sell off bringing pps to the same level or less then it was before the gain as long as the current administration dominates congress and the whitehouse. There seems to be very little confidence in green stocks for some reason and the overall charts have been in decline since January. Good Luck.
The Prs that say the same thing over and over are getting so old that they are starting to ferment. Show us the money MCOA. This is beginning to smell like P&D. I really thought it was from the beginning especially when I tried to talk with the company about selling their products and never got a return call./ Blah Blah Blah
Unfortunately some of the comments about either insiders selling or former employees selling. Does seem to have Merritt. That being said a rising pps will always be followed with a big sell off. This is a bad deal for longs. The pps will only move substantially in the event of big money deals or big govt. Reversal on Canabis. And even then the ones walking away with money Wii be those first on the draw. thanks
Once upon a time I had stock in cgra. Seemed promising at the time. Normally I don't give much credence to bashers. In this case I am happy to say that the statements they were making turned out to be true. I got out at .09. thanks for the heads up guys. You were absolutely wright.
I am thinking end of day -2 percent. With some nice paint.
Why are you posting this here?
Thanks DF. When we look back from next winter we will be very happy. That, when the opportunity presented itself to buy more, we did. There was an investor that I encouraged to buy when we were at .15. And he did. Not long ago when the pps was at .07. He gave me a call and complained. I quoted Warren B. and encouraged him to average down. He called me a few weeks later and was wishing he had taken that advice. There will be a lot of people feeling the same way soon.
Great candor and history of Roger's hard work in developing a monster business. This is a story of great achievement and it gives investors confidence that there will be no R/S etc.
I love reading auto biographical stories about successful men who sacrifice everything to rise above the quagmire of mediocrity.
Think about how many times great companies have started out with the same sort of dedication. This is a company that was not started from a boardroom on the 34th story of a Manhattan office building. It is grass roots, and developed from sweat, hard work and dedication. Anyone who has gone that route can appreciate what that means.
imo everyone knows news is going to be big and that it will be out very soon. Time to cover if you haven't done so already.
A local grower that I know had some plants that started to be consumed by what, not sure but he had to pull everything quickly before it got worse. Isn't it amazing how quickly someone could lose an entire crop without safeguards in place. $Grow3
This will move with volume regardless of who owns shares or how many shares they may own. It is important to play the game however you will but real money will be made here imo. There are always variables that are unseen and unknown. KR was right, 'know when to hold um know when to fold um.' And he wasn't talking about the laundry.
three letters you seemed to forget,,,, imo.
Good Morning Longs. Looking forward to a nice bounce today. Would like to see .12 at least. And we are way undervalued that is for sure. Appreciate Roger being so transparent. Surely we are wondering if there will ever be news on Grow 3. Where exactly do we stand on this big part of the company that has been dark for some time. Beginning to wonder if it was just a failure. If so lets move on with other things. But it would be good to know about where this program is. After all I believe we are still considered a green stock.
I am one of those poor souls duped into investing in a train wreck. Well even a train wreck could be a good investment if you are able to sell 100,000 tons of steel.
This is going to move with the volume. The big jolt would come with some sort of change in law regarding Hemp and or CBD. I am in the Medical Field and it is surprising how many seniors are looking into CBDs. This is the right place to have money invested. An article in Marketwatch yesterday talked about this recent surge in the Dow and indicated that this may be the last hurrah. Trade wars have been disregarded by news of jobs reports but the rust will begin to start showing through that new paint. Look for the real money to be made right here.
Not seeing that Ceo wants to give up yardage gains on the playing field. We are heading north. Day will start off with a few sells and then pick up with the forward movement. Hoping to see .125 EOD. IMO. Would like to see more but have learned to err on the side of caution.
Looking at a big PR coming out Today. Am I wrong? I am guessing again but imo we will see the latest on planting in NB CA.
Food and Grocery. That is a clue. Would it have to do with the convenience store warehouse?
More corruption in Arkansas MMJ top five. This whole process has been a total circus. Now they want to draw names from a hat. Because confidence has eroded. Bribery, fraud, favoritism you name it. What they need to do is get Marco in there to get this mess straightened out.
In all the posts that I have read on this board the one that I learned the most from was an article with a series of quotes from Warren Buffet. I went back and read it over and over. This is primarily why I didn't panic when the pps dropped. Once you know a companies worth and you are comfortable with their presence in the market place. Buying on other's fear is the way to make money. All I can say to complainers is, you had your chance to average down when the pps dropped to a little under .07. That is gone forever and the chance is gone. "How now Malvolio?" (From the 12th night)
Dear doctor. Is this your strategy? Isn't today the deadline? So far my investment in your company is a disaster. I wouldn't call that anything short of pathetic. Does Deemar have employees or is just you and Big Willy?
Maybe I'm just going to start playing the bounce. If you can't beat them join them. It has gone that way the past three times. The mms are playing it that way and there are evidently enough of them doing it to make it work
Last chance to get in under .10
looking solid going into the weekend.
Another run brewing.
Just look at that three month chart. I was buying shares at .025 three months ago. This will continue to be a nice ride to the top. Warren says get out when you are comfortable. Thanks Warren. And carry on MCOA Longs. I will be right here in the back seat. Lets hope for blue sky and a fun summer.
So in the past after a big volume day we would be looking a big decline. That has been the case in the recent past. Kind of expected it today. Not happening.
Looking at big losses today. Not sure what CEO has in mind but thus far it has not been working. I have stood by for months and watched 40000 turn into mush. Wake up and play your hand. We are becoming a laughingstock.
Not surprised. The wolf did not come and confidence has been lost.
In some cases actions precipitate a reaction. When I see this sort of selling pressure on no negative news it is an indication that something is about to surface.
Big volume today with hemp bill we are looking at a finish in green. I expect to see at very least .045
Just hit a five month hihg. What up?
Just my opinion. Unless there is some serious news to support the increase in pps, there will be some serious profit taking today. It will be interesting to see what happens. Also a great time for Co. to sell shares. Again we will see.
Hoping to see .053 for eow
A message to all those who sold with in the past month. Waaah Waaah.
Big vote today in Canada C-45. Will this be what we have been waiting for?
Lets see. Tomorrow end of day .0478-.0480. That is with out any big prs. etc.
So typical lose 50 percent of yesterday's gains on day traders wanting to make a couple bucks. This is going up at least 25 percent imo to maybe .0465