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I sold my MedMen today and increased iAnthus. I think there’s more % gain opportunity here. It should be quite the hit with some US policy change on its MJ laws. I like the management and the market cap. Lots of opportunity to grow!
Looks like holding strong at .005. Bull flag, ready to break out.
Does anyone really think DDCC will come back? Anyone know anything that I have not? Has anyone actually met CEO Jerry or President Allen? Seems like a fat chance for sure. It’s been over a year now! Not too fun looking at almost 2M shares at $0.00. Jerry Drew emailed me back only twice out of my 4/5 emails I sent to him. Same story we’ve heard... I wonder if there are any grounds for a lawsuit. Probably wouldn’t go too far with a broke company. I’m so disappointed with the amount of puff and fluff DDCC seemed to brainwash us with, time and time again. Also, remember how the FB post said there would be updates and relisting in 2018? Well, it’s already Nov!! I wonder what these guys do for their full time jobs? I really want an explanation and don’t have any hope. Total bummer.
Anyone have a take on iAnthus vs MedMen? I know MedMen seems overvalued, but it just had a correction and seems to be heading back higher very quickly. I would imagine there’s way more room for higher % growth with iAnthus (mostly because of its more reasonable cap size). Thoughts?? I did see MedMen on CNBC the other week. I also like the iAnthus CEO much better than the MedMen.
Market Cap is $172M on TD Ameritrade
Yep that was me! Still trying to figure out all these different valuations.
Looks like nothing but good news. I do t see us heading south in near term. Enjoy the ride!
Can anyone please tell me what you think MedMen’s Market Cap is? Does anyone know? Some say $3B, some $1B, some $485M, TD Ameritrade $186M (which is my brokerage), E Trade $200M. I’m not sure the inconsistency here. How are we supposed to know if a company is overvalued, like many suggest about MedMen, if you don’t know what their cap is? I’m not sure what to think and im heavily vested. Not sure it’s the best move and think I may be splitting between MMen and iAnthus. May just have to play it safer....Thoughts...?
Why then are there multiple articles suggesting Medmen’s market Cap is $3B! I don’t understand. How also would a $202M Market Cap company buyout a $650M competitor? Everything seems a bit confusing. TD Ameritrade has MedMen capped at $200M. Thoughts??
What is MedMen’s Market Cap? I’ve seen $200M (TD Ameritrade), $500M (Apple Stock App), $3B in an article online today, and another $315M in an article I’m reading right now.
My brokerage, TD Ameritrade has the cap at $200M. That can’t be right. Let me know what your brokerage lists.
Thanks.
The end of prohibition is really what will set MedMen up for major growth. However, that article counts on a Democratic wave in Nov, which probably won’t happen. The key is getting Republican support on, at least, a Medical Marijuana legalization/reform bill, that may also give full legalization across US for medical, and maybe even give the States full authority to leagailze recreationally. The good news is, there will be 1-2 more states recreationally legalized after Nov election, and 4 more medical approvals. It’s likely Trump will make it legal medically, I would bet. He’s already stated he would give it to the states on the recreational side. I don’t think Jeff sessions will be able to change his mind on any of it. Bottom line- possibly six more states MedMen can do business in after Nov. I’m all in. Look for major good news for the US pot industry after the elections.
The end of prohibition would really what will set MedMen up for major growth. However, that article counts on a Democratic wave in Nov, which probably won’t happen. The key is getting Republican support on, at least, a Medical Marijuana legalization/reform bill, that may give full legalization across US for medical, and maybe also give the States full authority to leagailze recreationally. The good news is, there will be 1-2 more states recreationally legalized after Nov election, and 4 more medical approvals. It most likely looks as though Trump will make it legal medically. He’s already stated he would give it to the states on the recreational side. I don’t think Jeff sessions will be able to change his mind. Bottom line- possibly six more states MedMen can do business in after Nov. I’m all in.
I know! And exactly why I sold 2/3 of my position. Very weird. So many others like Medmen that you can have your $$ in and see growth. Guess we’ll see what happens tomorrow. I haven’t been happy with the lack of movement over past few weeks.
This company will never be a dollar again. That was in the earliest of days. Glad you got in. Holding steady above $2 here with no news or anything. I expect a nice bump when the new store opens and when news comes out about another license / legal cannabis lounge. If these guys can land a cannabis lounge, it should be the closest one to the strip. Game changer. It’ll be interesting to see what all cannabis stocks do after Canada legalization... I not sure on this one. CA grew fast prior to and then sold off after. We’ll wait and see...
Looks like $1.88/$1.94 is new floor. I can’t see this going anywhere but up, especially with Grand Opening news on the herizon. This should also explode with early Dec news on another permit, if not (2), and also Nevada news on the “lounge” portion of this endeavor in Nov! Nothing but good news coming for Planet 13, and news is what we need. I look forward to the news on the next location, possibly in Reno or SoCal. This stock will grow 100% by year end, maybe more.
Looks like a little dip here. Anyone have any price guestimates this stock will be Nov. 1? I would expect it continues to grow until the grand opening of the superstore. It would be nice to see some news to get this thing rolling.
I think we got scammed. They’ll have their day for pulling such shenanigans. They’re an active business and they don’t even have a website. Seriously! Hard lesson learned I’m afraid. Thank God He’s just.
But they haven’t updated anything on FB for months.
So I got a response back from Jerry Drew last month. I emailed the company in disgust, considering I have roughly 2 million shares (or had). It’s really hard to believe anything he or the company says considering all the past Prs that seemed to be bogus. I really hope something new comes out of this. Here’s what he responded:
“The management of Double Crown Resources has been working on advancing the company's business plans all through 2017 and into 2018 despite the suspension of trading in our public shares. The company has not filed for bankruptcy status. We do have significant plans for 2018 including the restoration of our stock to trading status. Be sure to check the company Facebook page where periodic updates are being posted”
All we can do is cross our fingers and pray we all didn’t truly get scammed. Very hard to do, but God can restore anything.
I've left a message to DDCC. Their website number is disconnected but the Facebook number goes straight to Tricia Oakley VM. Of corse, no response. I'm wondering if there is any hope. It's pretty pathetic when a large investor calls the company and asks for a simple response and no one gets back to you. Looks like a mojor learning experience for me. It's been mostly unattained news releases over the pst 4 years. I don't see why anything would be different to Mr. Lopez's recent comments on Facebook. I guess we'll see. Really hope I'm wrong.
We need some encouraging news.
Best DDCC day in ages! Gives me some hope. Something must be going on. May see some big news next week.
That is a true statement. I agree, but I there's something about DDCC that makes you wonder. Who knows, maybe one big contract deal, some cash, and filing will come pretty easy. They're probably just riding it out until the can report something g good. Id do the same if I haven't locked down any profit quite yet. All I can say is- High risk, high reward. I can see good news coming soon. Let's get this party started. Tests your faith, and that's it. Nobody on this panel knows where things are heading. Keep saying your bedtime prayers and believing. Good things ahead.
We need some good news. It's been worse than watching paint dry.
Did anyone notice the DDCC stock price dropping earlier this morning, around 10am. -98%, to 0.001! And then it popped back up to even, and it continued to 2.5%+. What's up with that? I saw 2 million + in trades. But I'm very shocked that could make such a major impact on the decline in price. I took a deep breath after seeing that one!
Prophet Kim Clement passed away a few days ago. This powerful voice had led some seekers to Double Crown. I believe this secret was only for those who can hear and act. We will see an acceleration. Watch and see what happens. It's closer than you may think. Thank you Kim for leading us. This investment will be a huge one. Blessings to all the faithful followers. Get ready for some news.
Bottom line is DDCC is a development stage company. It is not uncommon for these small companies not to file. I predict they will file when they can show earnings from one of their commercial projects. And who knows when? Your guess is as good as mine. In this ever changing market, I'm sure there has been multiple changes they have made, including changing their overall business plan after the frack boom crashed. I believe the management is working hard to lock down Translock deals. One report of profit and everyone shuts up, and stock begins north, big time. Wait and see. Wait and see.
I see a day, sooner than you think, that DDCC releases long-term contract news on Translock2 with a major shipping company for multi-millions. Then they file their stinking 8k, 10k whatever, and shut up anyone who wto whines about seeing the financials. Can't you see, they're waiting to close contracts before they file anything, and right now, nobody knows what's up. Your assumption is as good as mine. It's on the way, don't worry!! It could happen any day now. Better be ready, Freddy. This could blow this stock up 400% overnight. Then it begins.
How with only 35,000 shared traded today allows the stock price to increase? I assume no sellers? Any input would be appreciated.
This is about to blow sky-high once we hear on the first licensing agreement. You'll be looking at 200%+ gains in 1 day, possibly more. Then off to the races.
They can acquire with stock options.
And you never know...they could surprise us with an acquisition of an active/producing Latin American gold/silver mine. That alone would create some fireworks, especially in this new gold market that seems like it's going to take off to the moon. Come on DDCC, give us some good news!!
None of that matters & none of us know what is transpiring behind the scenes. The marketplace is constantly changing. The big news- We'll wait and see if they can lock in contracts after the patient is issued. That will be the real test. If this is a game changer, you will be sorry you didn't buy low. Keep in mind, 1 locked in contract could bring 100% + gains for DDCC. I've been waiting for this patient for 3 years. Now it's go time.
Just wait until they aquire a smaller gold producing mine in Latin America...then they'll be positioned to start shipping some product in their new mine-specific Translock2. Any acquisition of any producing mine will double this stock in 1 day. Get the ball rolling! Perfect timing for all these potentials with gold market bull run just kicking off.
DDCC management is poising this company, in many ways, for the gold rush that is coming faster than you think.
This stock could grow 80% in one day. Just what if, they reported profits from this gold delivery, or aquired a mine of some type in Guatemala, or Translock patent is 100% confirmed with their 1st sale, or gold detector actually works... It will happen any day now. I'm holding and optimistic about the future of DDCC.
Looking forward to the first Translock2 deal with a major shipping container company!!! This stock will go off when we hear the great news!!! Happy 4th to all the DDCC patrons. God bless DDCC and the USA.
Funny how non-investors care so much about this company? I wonder what their purpose is here. Maybe they know something is about to POP?? This company could grow 500% in one day, any day! Then who knows where it can go. I believe 10,000%- or 100 times.
You can't prove anything, and all we can do is listen to the released info. Only thing you say is they haven't filed and gone dark. Big whoop. DDCC is set to go off the rictor scale, and soon. If this company was such a POS, why wouldn't they have gone under during my 3years of following? The Translock has been long-awaited patent. This thing will take off as soon as they land their 1st real Translock contact. Once they land one large buyer, watch out.
Thanks Profit. Much appreciated. Where do you see the specifics on trades that are made during a day? Is there a site that you use?