is... watching & waiting
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Is their a link to the PR's you reference or is that opinion?
I've seen nothing but organic growth until Wednesday. I ask myself... what pump and dump would allow for 2700% growth prior to profiting. Real companies attract real investments.
A reply from the company to a comment posted on their most recent facebook post suggests this isn't factual. Their response reads:
Totally Hemp Crazy OTC markets has accused us of promoting our stock through paid Web news letters. We do not do that. Never have and never will.
Like · 17 · 13 hrs
Do you have a link for this?
Don't you take confidence in that?
What convinced you the ascent was not organic? Just out of curiosity.
Is there any price point at which you're comfortable with?
Splitting hairs
I'd argue the investor affects the stock price by placing their bid/ask, naturally; however the investing community [such as this, which is what was questioned] voicing opinion, thoughts, or ideas can certainly conform individual investors into feeling some type of way, causing momentum, and eventually touching the per share price... but this is diluted by middlemen, institutions, and countless other variables.
If you got in at the teens I can't fault a man for making a profit. Otherwise this is purely a long-term investment. You're not going to flip or day-trade this one with success.
The next announcement, barring a major hiccup, will regard the Beta prototype and the well-accredited institutions they're going to use for independent testing. That may cause some excitement or buzz if it gets a slot in the evening news programs or perhaps another article is published, but I wouldn't plan on paying off the mortgage with any resulting spike.
Investors are thirsty for sales which are likely unseen in the coming 6-9 months. The testing will take time and perhaps one or two tweaks in production and they can see revenue in 2016. Each state pot bill going to vote this year will also serve as momentum.
Minimal affect on the stock price does an investing community have. If any at all is my thought.
My reply was to "where have all the cowboys gone" btw. They're here in droves.
This [or we] are noise to market movers/money managers in the grand scheme of things is my two cents. Petty to irrelevant. I use the board to get a sense for the general public's opinion. And nothing more. There are certain to be shareholders that wish to see an increase in pps. While others may be betting that won't happen. Everybody here has a voice which is the beauty and the demise of the forum, depending on whether or not your opinion correlates to the material. Hearing of the people that have enjoyed the product or been to investor meetings or received a couple of cans of poor quality: that's the value of the board, but only when viewed in the macro perspective.
Personally getting to Amazon warranted my small investment and as additional plans were voiced I gained confidence, and share. I'm less enthused about the alcohol line as the potential for the water personally, but the general public doesn't get an iPhone6 to then consider what the iPhone7 will do. Longs are grounded with the fact that longevity can't be created [nor deemed impossible] just weeks after production begins. Amazon was encouraging obviously big name, reach, the notoriety. Alibaba warranted enthusiasm for the same reasons though a little less due to the newness of the IPO and general concern of oversight for a Chinese entity. The namedrop on Rhino is redbull; I've not seen the advertising campaign nor heard their plans so I'm not sure how we'd opine at this time. The distributor in Texas gives hope for retail which is the next huge test.
Based on the share price all of this warranted investing, both small and large, from many others eager for a bottom floor entry. Truth be told until fins are reported in a couple of weeks the stock will be an arcade game. Big money can sway a share price when it's this low and attracting attention. Before this week the board had a few negative posts but generally positive and the stock climbed daily, though being in pennies, at snail's pace. A month ago it was one or two informative articles every two weeks, to now 3 or 4 opinion pieces daily having gained the attention it has. Wednesday's climb bought houses/cars for people but it was clear more money was being invested than ground floor seekers would ever do. Thus Thursday was the perfect storm: short trading week, a rising stock generating some buzz, and the always clever short sides were licking their chops.
As others have mentioned the pullback was predicted. We had countless days of consolidation that ended green you couldn't fault those bound to take profit. I don't want this deleted so i'll tread lightly in regards to the CE. It was new to me personally but I'm not the emotional type and being that it was filed on the day I describe as the perfect storm is all too correlating. That being said, for a penny stock that some had sworn to be 'fraudulent'.. they actually handled it like most big businesses would. Jumping in or out based on this past week is allowing emotions to tease logical rationale. Thus I thought expressing my view point of the latter may encourage some to drink less over the weekend.
Don't make any decisions with your money based on anyone's opinion but your own.
It's being drowned in a pool of exagerations and conformity
Any T-Trades last night?
Just curious with the board having .13 ask but SP still reflecting .29...
I think the hate tires over the weekend and people should revisit to look for the grounded convo that drove investors to the board/stock in herds over the past month. The crossbones and halt stuff I take at face value: There's money out there looking to get into the company... at a price which they deem affordable.
Much of yesterday came from the shoreline, perhaps having missed the boat. The price didn't get to the single digits which is where who knows how many buy orders are so the prodding seems immenent. I get the feeling this wouldn't transpire if it were not an exciting opportunity. Volatility through next week is expected so many will let the dust settle. Shorts had a great chance at making 25% and they did. This was predictable... perhaps the whiny OTC complaint wasn't.
Monday will have a couple of brave shorts that didn't cover before the close trying to pull it down in the morning but I'm thinking longs are freeing up a ton of cash for a double down play.
Feels good to be long don't it?
Anybody who's followed the board more than 36 hours is riding free shares and profits
Kudos shorts - enjoy your weekend
.20 appears to be new base.
After yesterday's run up of nearly a dime the push/pull this morning was nothing but expected.
40 mill volume at 12:30... safe to say we got their attention?
Management ceases to impress, addressed that short scandal within two hours. They certainly don't come across as a company that considers themself a penny stock
Glad we got that over with.. enjoy those pennies shawty
12 million on volume in under a half hour. I think we got their attention now!!
Huge support at .19
Predictable pullback - the buying at .19 was impressive
I'll come back at noon
Would this kinda stock run get reported regardless of whether or not legitimate cause for concern existed?
Typical timeframe for Caveat Emptor's to remain on average? Anybody want to weigh in on what they've seen/experienced? Is some sort of review conducted once this happens or is it simply a "hey do your homework" warning to investors?
Amateur not cheerleader
What level does big money have to see to nibble at this?
Being this close to .30, will crossing .50 warrant other mm's to give it a look? Or do we need to get to a buck before we've arrived?
Profit takers itching for the open. Looking for it to settle in the mid/low 20's after an hour or two of heavy volume, probably invest more if it does. If it goes up at the open I'd be weary of a couple of big sales in the afternoon to take profits into the weekend.
If it holds this next week becomes intriguing. I've been refreshing every 5 mins for the past month; cannot believe the number of new investors pouring in. What a ride
Anybody have updated short interest numbers?
Best we keep level heads despite this being anything but typical. I'm anxious for a slow day without the blitz to get a sense for levels to accumulate & reconsider expectations. Great problem to have. This is all I can find atm:
Short Selling Data
Short Interest 685,472 (181.89%)
Mar 13, 2015
Source: http://www.otcmarkets.com/stock/THCZ/profile
With the recent hysteria it's best we understand how many are betting on a pullback.
Christmas never came so early
Jerry Grisaffi, Founder of Totally Hemp Crazy Inc., said, "We are thrilled that our Rocky Mountain High product line-up will be sold and distributed via the Water Event trucks, and feel that this will have a huge effect on 2015 sales of our products. Not only will the Rocky Mountain High brands be made avialable in the majority of Texas, but we also have had discussions regarding this distributor potentially producting our future hemp infused bottled water products for us. It was agreed that this new relationship will be exponentially beneficial to both parties"
Source:
http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/totally-hemp-crazy-inc-signs-120000064.html
We were licking our chops at energy drinks, with alcohol lines in the works, water could solidify the company.
In December this board woulda laughed at the prospects of this becoming a legitimate player in the industry - longs have been laughing to the bank since
It's early but I'm seeing profit margins around 25%, roughly 5 and half times increase in gross profit, and over 13x increase in rev (yoy). Anybody else play with the numbers yet?
Solely focused on sales, COGS suggests it's going to take a lot to make a lot.
Regarding expenses, anybody have a clue as to "Loss on impairment of intangible assets"? That's a huge number.
Choppy out of the gate but that run after 11:30 is nothing short of encouraging. Solid sideways action since suggesting we're green today closing between $0.177 and $0.183 - unless the 4:00 o'clock hour gets spicy: wouldn't be the first time.
Seems like longs dug their feet in yesterday at .16 and given the board this morning, the short circuits have absolutey had their lunch eatin.
I'm not the only one awaiting the initial feedback prior to holding onto the trigger. The market momentum alone may not get this to a quarter as soon as we'd like but if they were looking to jump we'd see all kind of warm garbage in the news and this morning's short campaign wouldn't have been necessary.
It's easy to be patient when making money.
Holy lunch hour - look at that chart coming off consolidation!
Revenues for the year ended December 31, 2014 increased 159% to $13,395,131 from $5,180,362 for the year ended December 31, 2013. The increase of $8,214,769 was a result of higher transaction volumes across our ACH and credit card business segments.
The highlights of the 2014 fiscal year are:
• Gross profit for the year ended December 31, 2014 increased 329% to $4,178,227 from $974,896 for the year ended December 31, 2013.
• Net income for the year ended December 31, 2014 was $3,838,288 as compared to net loss $789,039 for the year ended December 31, 2013.
• Basic earnings per share increased to 4 cents a share for the year ending December 31, 2014 as compared to loss per share of 1 cent a share for the year ending December 31, 2013.
• Operating income for the year ended December 31, 2014 increased to operating gain of $2,245,007 from an operating loss of $755,432 for the year ended December 31, 2013.
• Excluding the effect of non-cash expenses associated with stock-based compensation of $291,980 and depreciation expenses of $40,953, operating income for the year ended December 31, 2014 was an adjusted operating income of $2,577,940.
• Other selling, general and administrative expenses slightly increased by 14% for the year ended December 31, 2014 to $1,600,287 from $1,405,594 for the year ended December 31, 2013.
• Cash and cash equivalents for the year ended December 31, 2014 increased to $54,989,851 from $26,573,771 for the year ended December 31, 2013. The increase was attributed to the dramatic increase in processing from new and existing customers that resulted in higher customer deposits.
• Shareholder equity dramatically increased by 1,000% to $7,024,072 for the year ending December 31, 2014 from $638,805 for the year ending December 31, 2013.
Source: http://www.nasdaq.com/press-release/payment-data-systems-reports-2014-fiscal-year-results-20150330-00210
Lordy up a dime in 20 minutes of trading? What in the world did we miss?
Curious as to L2 - these numbers can't refresh fast enough, 60k volume can't be right? What kind of bid caused this?
Any thoughts on today and the short trading week ahead? Personally buying all week anytime it scratches under .13 - not anticipating many [or any] opportunities though.
I'm sure one of the guys that scream 'twenty cents' before every opening bell will be up soon but I want to see additional consolidation at the .14 level to setup a testing of the all time high within a condensed trading week.
Those kind of sell-offs disgust me. Last 30 minutes here after touching all time high of .1639 and for no reason we slide to .139. Looks like we may hold .14 for the weekend but the stock fought way too hard today, deserves to close at .15.
People are gobbling it up at anytime it creeps into the 13's
Does anybody have the Level 2 on that trade around 3:45pm? Curious to see quantities
Don't get greedy folks. A couple people couldn't help themselves at that .16 level