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On another subject, does anyone know anything about the status of the Copperstate facility in Snowflake Az.? Is it producing any income?
It is more dilution. They are continuously raising money. That is fine when used to building the company but it also adds to the number of shares.
Where have I heard this before?
Google snowflake az and get the satellite picture. Zoom up as far as possible on the north side of town and find copperstate farms. It will give you a good perspective of just how large this is. Do the 3-d with the zoom.
But how much stock was issued fir all this o you know? If so , enlighten me. I suspect that this stock is trading exactly where it should be.
Sure smells like that. Just say you got !00 million in assets . No information on what had to be given up. Just 100 million ! Does anyone no what is entailed?
Or $150,000 turns in to $800.
No details. Just 100 million in assets. This wasn't a gift.
If there was good news coming there would be buying. The only place of rumors is this chat board. If you start seeing buying you will then know good news is coming.
With 50 years of successful investing I think I have plenty of experience. I don't care if I am credible to you. I just want people to give some thought to what might be going on here. All this cheerleading over the weekend didn't help the stock much. If you know investing I am sure you have heard "buy on rumor, sell on news" . This was classic.
If this follows the same pattern of stocks like this the next event will be a reverse split of 1 for 10 or 100. Then the stock can really plummet.
IMOyou will see triple 000s before you will see copper. I own some of this stock and believe me I would love to see it perform but this thing is going the same route that I have seen in other stocks .
Right. My point exactly. What does this tell you? Why do insiders want to sell at such a low level? If the company was ding so great wouldn't you want to hold until the stock was much higher?
Can someone explain to me how a stock can trade 43 million shares and not make any kind of a move? Add up the volume figures for just the last 2 weeks and tell me if there are only 90 million issued and a float of 20 million.. I have watched stocks like this for some time now and I see this happen over and over. Everyone thinks that there is a certain amount of stock issued and os and volume goes crazy only to find out later that thefigures were wrong and the stock is virtually worthless. glta
I think that is anybodys guess. This stock was supposed to have 90 million as of 11/27/16.after it was supposed to have been reduced. Howeve since then on hellacious amount of stock has traded since then. The stock has a definite barnyard smell about it.
A lot of dilutiom. That would be ok if stockholders were apprised of how much and why. It's called transparency. Stockholders want to know what is going on. My experience has been that when ceo's keep stockholders in the dark they are up to no good.
How do you arrive at that? Issued and outstanding is supposed to be 90 million.
I want some of that medication you are taking. It will be a miracle if this stock ever hits 2 cents again. Have you added up the amount of stock that has been traded in just the last 30 days? Do that and compare that to issued and outstanding.
90 million issued and outstanding my foot.
As I stated before, there is definitely an aroma around this stock. Something akin a stockyard.
Is there no end to this selling? It seems that someone is running a printing pressing issuing certificates. Where did all this stock come from.
Baaaad aroma
Is anyone adding up the volume for the last month Approx 90 million and still no end in sight.
This has an aroma about it.
I READ THAT. iT SAYS TWO AND A HALF MILLION SHARES, NOT 20 AND A HALF.
More than 50 million shares traded in the last 30 days, not counting today. The float is supposed to be 20 million. Am I missing something here? I realize that some of that volume could be shorts but that much?
The float figure doesn't make any sense. Just add up the volume for the last month. I know how much I own. The last time I got in a situation like this everything was bogus. Somebody has sold a boatload of stock [probably stock that was restricted and now unrestricted. Like maybe 70 million shares.
It seems that there was some chicanery with the grading of applications for the Ohio licenses. One of the 3 graders is a convicted felon for drug possession. A lawsuit is in the works as there many unhappy people and one person called it a :glorified essay contest". I thought that applicants would be graded on experience and expertise among other things
I didn't say they wouldn't be fine, I was just relaying info. It seems to me though that mgt. was woefully unprepared to apply for these licenses.
Liberty wasn't even in the top 33 applicants for the Ohio tier 1 licenses. There were 109 applicants and 67% of those were disqualified for failing to meet a minimum of 60% on any of 5 plan areas [business, operations, quality assurance, security, and financial].
Profit taking. The stock wont keep going up every day.
Close to 50 day MA crossing 200 MA.
This stock will be $8 to $10 in 2 years.
I am so glad I got out when the getting was good. The higher the revenues go the higher the losses. I don't think this company will ever turn a profit.
There was a block offered at 1.40 this morning. 16500 shares. That is a lot of stock to plow through right now. I am still waiting to buy. That block could end up being cheap. Less than $25000, not a lot of money but I don't know if this ceo can be trusted. I like buying stocks after r/s . Some work out big. I have one that/s in Aug. and is up 75 % now and going a lot higher.
I bought a lot of this stock after it had reverse split 1 for 5 over a year ago. I took a shot when it was trading for 6 cents. After this last r/s that computes to 18 cents. I have been giving shares to nieces and nephews to get them interested in investing. This stock is getting the enthused.
[color=red][/color]I got out around April and thought I would check in and see what the latest story was. Now it is a stock dividend of a listed company! I have never seen a stock that keeps coming up with a new carrot. I got out after the FERC fiasco. I haven't regretted getting out. I was fortunate enough to make up my losses in PRHL. I will wait for further developments.
I live in Colo and my experience is that once the counties that banned any kind of dispensaries saw the tax revenues that counties were getting from mj they have changed course rapidly. I live in a county dominated by hypocrits and all of a sudden they are now allowing dispensaries. Money always triumphs!
I don't know if it will be immediate. There should be a news release by the company. Watch for it on yahoo finance. That would be the most likely source.
No idea at this point.