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Amfe is a great example of how to succeed in the stock market. It starts out with a lot of penny traders talking up their company and millions of shares can be had for a minor investment. The price starts to go up and some of those investors cash out. Meanwhile acquiring a million shares starts to get more pricey and fewer longs are willing to commit that much money. So you begin to see less people with millions of shares. And the talk is, buying in five figures not six. Then comes the mms who keep working scare tactics to reduce the amateures from the profit makers. They shake the price down and even more of the initial investors get out because of fear of losing what money they made. That brings us to where we are now. The core of longs that refused to get out and they will be the ones who will succeed.
I don't think this surge is a result of Willies Grand Opening.
Question for Rocket. What would you say the current pps should be?
Half the country is gone on vacation. Every stock is slow.
Right and I am trying to understand. Do you mean that the ones camping out on the ask were scooping up cheap shares from those selling on fear? Or that investors who had previously purchased shares for less were selling at a profit?
Going back to Seaton's comment that it took 16,684,565 shares to drop from .205 to .1425 which is about 6.25 cents total. The idea that bringing it back up to where it was just before the decline would require less shares trading. That would be relative to resistance I guess. Which seems to have diminished for now. And also the longs taking over the shorted shares. We are nearing the half way point back up and will, maybe do it in 2M or less. That means that those shorting ended up losing. Doesn't make sense if these are in fact professional traders.
Going up nicely even with out volume still under 1M shares traded.
Right. Take those figures to Shark Tank and get laughed off the stage.
The selling off shares was in the millions and now the resurgence is in the hundred thousands on low volume. Does that mean that all those shares sold are lost on low volume ascension?
I am sure there are others interested in the answer to this question and the idea that someone has unlimited funds to sell at an already bottom price. Surely they would not be able to realize a profit selling at the bottom. Or could this be a conspiracy funded by establishments like big pharma, big alcohol or big tobacco? Seems more like a well funded war or campaign, not just with this stock but many of the cannabis plays. You would think that this power play would have broken up by now as the governmental strings are loosening up somewhat.
Eat exhaust Short Traders
Welcome Pistol Pete.
http://www.thecannabist.co/2017/08/25/colorado-alaska-washington-oregon-sessions-marijuana/86753/
Letters in response to Jeff Sessions from Governors of first four states to address legal recreational cannabis
http://www.thecannabist.co/2017/08/25/colorado-alaska-washington-oregon-sessions-marijuana/86753/
Letters to Jeff Sessions from Governors of Legal States
This is the receding water before the Tsunami.
Love the great chart work everyone. They tell a great story of what occurred and based on that, what we can soon expect. Wouldn't it be interesting to get everything piled up for opening of third location. Flagship baby! Wish I wasn't so tapped out on moolah to buy more. And thoughts go out to our friends in Texas. My sister and I took a direct hit on North Merit Island Florida last October. We rode it out mainly because she didn't want to leave horses. Hurricane tore off her roof, destroyed her horse barn and damn near took us as well. I will never do that again if I can help it. I tried to get her to leave but she was adamant. So I really had no choice but to do something honorable or to leave her alone. She will likewise not ride another hurricane out after that.
Ever notice how flippers will try to drive the price down right out of the gate on low volume. A cheap shot that will not hold the tide of the trading day. We are going green today.
"All three Subs Smashing Expectations." So I am beginning to think that news early next week may include IK. Thinking that the IK boat is smashing along with the other two could be an indication of new and wonderful things. And consolidation periods would not really have to last the same period of time as other consolidation periods if new developments came along imo. We can appreciate that the ground work for Franchising has been expedited now and things are opening up much quicker then most of us ever realized. Best of luck to our team.
Wouldn't today be the time for SU to announce the contract winner? I am pretty sure I read that it would be prior to the end of August. That would be the real deal for Dewm. Maybe that is what your smelling.
Thanks for elaborating the good things in collective. While many of us are familiar with this it is great to see it listed this way. And also for those who may be new to the board. Good Job.
Cost of precious metals is going up
It's that time. Time to invest in a real winner. If you are reading this Johneen I am talking to you.
The idea of pps decline after PRs in penny land has always been hard for me to understand and whether it happens after every PR or just most of the time, I'm not sure. I compare it with a basketball game and we are in the fourth quarter the other team is on a run and making points. What does the other side do as the man with the ball is running down the court? Foul. Blatant, dirty and inappropriate foul. And often it slows the pace of the win. It happens. What are you going to do? Fact is they know we are going to win in the end.
Brilliant concept wait until there is killer news and then sell everything you can. Never have understood that mentality.
Dr. Moran it is time to show your hand. How about those fins? It is time to lay em down.
Dead in the water. Any time you want to release the Fins now. Lets make this a go time day.
Here is my take on all of this. I believe that when J Sessions expressed that he wanted to go after this industry including seizing property. A day later Trump wanted his ass out of AG office. He learned a lesson and that was hands off this industry. Ever since then he has been quiet on the subject because he knows next time, he is out. The FDA is on the brink of changing the classification of Cannabis and people like our CEO, are Imo well aware of this fact and they know that as soon as the announcement is made all hell is going to break lose. And they know that the more irons they have in the fire when this happens the more the stock price will jump like it did 4 years ago but much more so. Anyone that is not in this market is foolish imo. Because we are on the brink of it happening any day.
Pumping has done nothing for this pps. I have been in since pre RS.
at that price it would still be worth .017 this sucks
Pumping has done nothing for this pps. I have been in since pre RS.
at that price it would still be worth .017 this sucks
https://technical420.com/cannabis-article/breaking-fda-declares-cbd-beneficial
Hope this posts correctly.
Wait till FDA announces rescheduling of Marijuana. It could happen any time now. Per yesterday's statement to WHO.
Selling this stock on a downward slope like this, never works out. The winners are the ones holding. Number three will soon open, many goods things happening. Hold tight and don't let go.
Use this rare opportunity to buy on doubt. Buy on fear. Know what you have. Dewm is a huge opportunity that will not come again.
1 million shares can be had for $10,000.00 right now. At a dollar a share the investor would have 1 million dollars. Seems like a no brainer here, if you have the money this is a ticket to millionaire success. No doubt in my mind. Once it goes to .02 the price will double, $20,000.00 for a million shares. Cash in the 401K sell the car what ever but the time is right now. Big businesses are putting their trust in Dewmar, will you?
Question, What does Dewm have that a 150M company would want to merger? Great question. One thing that comes to mind is connections. Another item is big stake in CBDs and cannabis. We will know more once fins come out but my guess is that people who know Marco are taking his efforts much more seriously then the investors in this stock.
The days of buying a million shares at at time are soon to become much more expensive. I think of another company that had a similar growth spurt this year and now it would cost 200,000.00 to buy a million shares. Dewm is heading the same direction. Better buy right now while you still can.
Erbb has been famous for being a P&D. The recent news story greatly facilitated their penchant for dumping and diluting. Can't believe people are so gullible.
I always thought DD was Dunkin Donuts
It never ceases to amaze me that people are so willing to sell on market manipulation rather then on real due diligence. It reminds me of that illustration in The Big Short. The roulette wheel, and they said in the movie that this is where a lot of investors go wrong. Here is the way it panned out. Bunch of people standing around talking sipping on bevs. And somebody hits the number and wins. No one notices but they hit it two times again. Now everyone is coming and wanting to put money on the same number. They think that just because it hit the winning number 3 Xs, that the odds are greater that it will hit it again but the same odds still exist. Nothing to do with what happened previously. And people are loading their money into this with out really thinking about what the true odds really are. Investors need to invest on facts not on public sentiment. As Dr. Moran stated, the share price will work it's way upward based on developments within the company anyway. Look at the facts. Don't be duped by what everyone else does.