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Hoping for .05 and that is my buy in number. Hopefully it will be held back till then. This stock price is on borrowed time.
Most CBD related stocks are down as a result of confusion with the FDA Roundtable held on Friday. See Marketwatch article
markiff
Tuesday, 05/21/19 02:55:01 AM
Re: None
0
Post # of 230794
Yesterday was a FITP (flash in the pan) It will run but this isn't it imo. This was a gap intentionally set to make something off of volatility. Without Volatility no one makes money. I may be wrong but lets see what happens to that 20% gain on Tuesday. The big obstacles for increased pps have not been removed. .06 will be back without stop sign removal.
It is true that I am tru blu Amfe lover at heart. I have a T shirt that I never wear. And I have made thousands off of this company. I am not in right now and looking for a good re entry point. Initially I was in at .02 I got out at 8.5 when stop sign appeared (if only I sold at .23). I was thinking that Amfe would move up in January but here we are in May. My call that this would return to .06 is just an opinion. Any number below .085 is ok but obviously I am hoping that this stagnant trend will continue for a while longer. Expecting downward trend to continue however.
Sorry I haven't been following this board for some time. Answer, no. I have a very dismal view of this company at this point. Moran is out to try to save himself and his wealth period. 90 percent of what he has ever said to investors has been a lie. His plan of recruiting a new CEO fell by the wayside when his sentencing date was prolonged. The only thing that can save this sinking wreck is Moran going to jail for an extended period of time. Until then, this is a hellbound train.
Yesterday was a FITP (flash in the pan) It will run but this isn't it imo. This was a gap intentionally set to make something off of volatility. Without Volatility no one makes money. I may be wrong but lets see what happens to that 20% gain on Tuesday. The big obstacles for increased pps have not been removed. .06 will be back without stop sign removal.
I like where the company is going with using land owned by farmers and giving them 20% profit. It is a no brainer and I guess that quite a few more deals like this are in the works and why wouldn't a farmer want to do this. All they have to do is let Mcoa do all the work and they get a nice chunck of change.
Yes it needs to rise above .03 for sure.
Looking for HOD lets rock this.
21 Million shares today. Great momentum. Looks like we may be getting ready to bump it up some.
I agree. Check back on th price Friday.
An investment in Hemp products is a smart move. I would highly recommend buying right now. We are long overdue for a large bump in share price. Just think of all the developments that have happened during the past 10 months. All the while we have dropped to an unbelievable price of .013 from .048. Most of the big PRs have fallen on deaf ears in the investment community. I truly believe that we are on the brink of something that is going launch this price much higher. If you are not in when that happens then the chase up will be a challenge/
Does seem to be the case. With all the PRs and news that would seem to launch this pps back to at very least .02 we are stuck in the mid ones. I have said in the past and will say again, that the only thing that will move some of these penny stocks that are in limbo such as MCOA, will be news of Marijuana legislation, loosening. That although Hemp was made legal, the public lumps all of this together. It is seen as a fringe movement by most mainstream investors. And when that does happen I would be ready to sell at what ever high point this roller coaster hits before it drops back down again. And knowing when to "Fold em," That is the key to making money in this sector.
Nice close today. The trend will continue hopefully.
I think we are getting ready to jump.
What we had this afternoon is a typical penny paranoia. Investors have been burned so many times with these stocks that someone sells and then everyone is looking for the door. We saw that happen in December and look how long it took to get back to any upward momentum. This time it may be different. Spring is here and that is planting time, I read that CVS and Walgreens are both in on selling CBD products. That is mainstream! We have to know that MCOA will continue on with the run and those selling today will be chasing tomorrow. GLTA.
Great Volume
Nice action from $MCOA$$$$ This is looking so much better then where we were three weeks ago. Looking forward to the results of big UK Day.
The first real movement this pps has shown in a couple years.
Sorry but that New Ceo bit would have been in the event that Marco went to jail. He will not want to relinquish his position as long as he can use it to do the same thing to us that he did to his fellow Vets immo. If he didn't have a problem with ripping them off, why would we be any different?
So many of us would love to see it back at .03. Congrats to all who bought in at .012. At the time, it had been in decline for so long that it was an act of faith, even at that price. Lets have a great week $MCOA
Wow, nice volume.
Good Thursday everyone lets see if this bird can fly.
No posts from C. Trader please.
NPE has their Cgmp certification that is big news.
$MCOA on the move. Do Not Wait.
Couple of things here. One They have two million in cash. cool. Also this price is a bottom price beyond imagination if you don't have a position in this company, it may be too late.
In my limited experience, I have found that a major sell off like this often precipitates something large scale that most of us as of now are not aware of. It could be good or bad. Just have to wait and see what is going on. Sometimes an action is followed by an opposite action or reaction.
The decline in share cost is abnormal, in that this company had been trading much slower declines up till now. Wonder what spurred this on?
Has to be something going on that I am not aware of.
A look at the three month chart is devastating. Just keep in mind this stock has moved in the past with a lot less going on, then there is now. With the right PR this could soar. I have never seen administration even mention the share price. One thing we know for sure and that is, they don't want this sub penny for a 30 day stretch so the greedy former execs will have to stop selling at some point or the company will lose their status.
We need a new face in Dewm (an honest face) seems that as long as Marco is Ceo that we will continue to "be stuck inside a mobile with the Memphis Blues Again."
LOCK EM UP. Marco is holding out to the bitter end, hoping that he will not see life behind steel bars. Good luck on that one.
Right, and thanks. They claim, they haven't had the time to test CBDs affects over long periods of time. Well how much time have they tested some of the crap that big pharma advertises every night on the Evening News. You know all the stuff they want you to ask your doctor about. Ask your doctor if death is right for you. Lol.
BTW MCOA is getting ready to pop. Mark this post.
With Gottlieb Leaving FDA, Uncertainty Over CBD and Hemp Regulation Remains
With the FDA commissioner set to leave the agency this month, lawyers working with the hemp and CBD industries feel like his departure may lead to a pushback on regulations.
By Dan Clark | March 06, 2019 at 06:51 PM
Photo: Shutterstock
U.S. Food and Drug Administration Commissioner Dr. Scott Gottlieb’s impending departure may push back long-awaited regulations on hemp and CBD, according to experts involved in those industries.
Rick Weissman, the president of hemp products maker High Falls Extracts, said Gottlieb, who announced Tuesday he will leave the FDA at the end of the month, supported hemp and CBD regulatory efforts.
“Scott Gottlieb was a voice of reason and someone who has respect for CBD adoption,” Weissman said, adding, “All this does with Gottlieb leaving is push back the timeline for regulations.”
While there is speculation of what those regulations could be, no one knows for sure and it will largely depend on who replaces Gottlieb as the head of the FDA. Weissman said those regulations could include independent third-party testing, which his company already does.
“We’re staying ahead of the curve from a moral standpoint,” Weissman explained. “It’s also smart business, I think. We’re concerned about our clientele and we’re also doing what we think the FDA might start asking others to do down the line.”
David Feldman, a partner and team lead of the cannabis industry group at Duane Morris in New York, said the pushback has caused confusion among clients.
“There is tremendous confusion in the marketplace right now concerning what is and isn’t legal in hemp and CBD,” Feldman said. “We are comfortable as to knowing what we know is true. There is a lot of uncertainty as to what operators can and can’t do.”
Feldman said he is telling clients that there will be a path for legal hemp and legal CBD products, but that path does not yet exist. He said there is a process in place already for companies seeking approval for drugs with CBD in them, however there is still a question of what the approval process will be for food and beverages containing CBD.
Thomas Zuber, managing partner at Zuber Lawler & Del Duca in Los Angeles, said he also believes the main impact is companies will just have to wait a little longer for regulations.
“I think it will not have too big of an impact as compared to what would have happened if Gottlieb stayed,” Zuber said. “That’s assuming that Trump doesn’t pick an extreme replacement. Trump doesn’t seem to be particularly inclined. Having said that, I don’t know that there is going to be too much of a difference in policy.”
Zuber said the FDA should not make those regulations too burdensome.
“What’s important from the standpoint of the U.S. is that the global economy is changing dramatically because of CBD and hemp,” Zuber said. “It is in the interest of the United States to not overregulate. It could diminish our ability to compete with the rest of the world.”
The FDA is looking for ways to only allow small dosage amounts of CBDs to be legal without a prescription. And then the products they will allow in higher dosage will have to be FDA approved like GW Pharma. They are protecting the American public because they have no long term results for the usage of CBDs. Opiates are so much safer after all LOL. See current articles regarding the resignation of Gottlieb as FDA Commissioner. This is probably one of the biggest reasons for uncertainty in the marketplace.
also we are getting very close to .01 and at the rate of decline, Steinberg is going to need to pull a rabbit out of the hat or we drop below the minimum for QB.
Not always. There is a possibility that this may pop but all I see is drop.
Wow, what a pathetic joke this stock is. At this rate they will not exist in due time.
This is huge news. Congrats $MCOA.
Although this is a Hemp stock and hence not marijuana that gets people high, it is my belief that the two are inseparable in the penny stock market. That being said, there may not be a bump until something breaks with the Fed and marijuana laws