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Well lets see if this surge in pressure continues tomorrow ... I would love to see a nice 30 million shares traded early and a lift to .0005
If it gaps up I will be not happy, but hey, if good news hits to validate the increased market cap then it is all good.
Looking for some news here seems almost impossible but that could really be what is about to happen.
Yeah I was to when I saw the .0003 and then came back to see where she closed ... wow 7 million shares bought in final seconds of trading. This could have news coming.
That would be interesting result... especially if they are selling a thousand units or so a quarter. lol.
No news... product still seems to be selling on website... SEO intact mydxlife.com comes up first when searching for marijuana tester... but the fact is no one knows what is being sold or what is going on... any new DD would be helpful for the board. Glad to see some new eyes here.
Yeah bc shares getting dumped usually causes SP to go up.... Clearly the tradable shares have been getting locked up. Now will they simply pump and dump or is something happening?
Time will tell... maybe someone should do some digging on what is happening.
Well that was about what I would expect... need to see some buying pressure as the week goes on or its not going to be a great show of support for upside in the near term.
Yeah I agree there is some nice upside here if the stock can hold onto this level this week.
That's strange usually you can sell just not buy... hmm I will test with my account when trading opens but you should be able to sell
It takes 30 days to come off I think
Will a filing come out that shocks the mentality on this stock... stay tuned.. lots of action here .... Lets see who is right and who is wrong.
Good point. Doesn't effect the Sacramento area though... unless there is a neighboring county that it does.
Don't dip SGMD. Take the selling pressure and it could be a good week next week. Let's see what happens.
Certainly possible, however I can see a spike to .003 here as MJ is once again getting some decent press coverage. They need to produce and keep promises/deadlines but they could even pass that if they achieve just that. Need to watch the volume of selling at the high levels to justify long term holding IMO.
Hmmm... Lets see if they can pull off another runner...
Or is it cash out time?
Agreed this is where I see the resistance. It could do it on low volume but it is not to be trusted under lower volume. Still possible just but less convincing. I would hope to see a large volume at that level outpaced by the buyers and pushing .0022 in the coming week.
Glta
If they are going to do something they should do it now... ride that MJ tailwind... The potential is there just need to see the numbers have held at 500k in sales YOY... Then trim fat from balance sheet and refocus on expanding the sales pipelines. If sales are not occurring then it is likely over for them.
Heating up... lets see how much selling happens if the HOD is revisited though.
I agree the delay here seems fishy. It could be a red tape type issue that is causing the delay. IT would seem odd to not want to open unless they found out competition in the area is too much. I imagine it is a tough market to crack in LA
Yeah I remember they had notes on their last filing. Wonder how many of these shares are those notes converting. Seems like about the right number but it has been a while since I last checked their most recent filing. Pretty long time ago since anything has been said obviously but we could still hear something and filings could be brought current.
Best case for investors would be toxic notes converted months and months ago; the product has been selling at stable levels and/or growing; filings brought current; something new that brings in recorded revenue is announced. Remember the stock is not up to date on filings so they can easily not publish new developments during this time as well.
That is a LOT that has to go right. I suppose getting up to date would indicate as that would mean something is about to happen/be announced.
Pretty sure it's not about timing but simply selling and proving their concept. Unless they are going to pump then yes timing is key.
The question is now who is buying all these shares... That is the curious part
Well a filing would be nice... and increased sales and proven new verticals for growth. I like the idea of a test that tracks terps and effects instead of names bc there is obvious variance from grower to grower. Definitely viable but I am curious if a better test can be made to do this .. anyone know of one... Must include a good sized grouping of terps and thc etc and should be digital so that the data becomes a major value opportunity.
I dunno... I have little faith left... that is usually when something magic could happen but I don't quite see where they could pull out of this without having their own production and brand/s. They are likely out of the game by now.
Im showing the open will be .0019 and .002
What percentage of budcars do they own?
Read filings and look at the dates the notes can be converted, you can see a previous history of old notes and how they were handled and I would assume that trend will continue.
Anyone's guess.... Seems that this could turn profitable with a few things going their way... Gotta chill out with the toxic debt though. Filing could be the reason for being silent
Hmmm.... Lots of crappy notes but some decent lines of revenue... Let's see I'll grab a starter pack. Could see a dip soon but also could get crazy news. Scary amount of notes though with very nice conversion discounts coming due
No, they need to file and show their product is still a viable seller. Without showing sales this will simply sit here as investors with notes sell stock for 100% gains slowly. Yes a volume surge would make them hold off on selling pressure, however that wont be sustainable without some form of filing backing the valuation at higher levels. For the sake of argument I would be looking to see a number of 500k in sales on low end and 750k on high end YOY. If this is the case then a bump in SP is likely. I would bet it has not gone over 250k though in the trailing 12 months. Could be wrong but I followed these guys for a while and know they need a new product or increase their formulation pipeline to make headway here.
Would love to see this breakout in next few days with a nice filing.
Hmmmm.... grabbed teaser position, lets see if its got legs.
81 million on ask... First time in a while it's been under 100 million. Site still up products available... At a higher price then I remembered. Wonder if they will ever file so we can see if it is selling.
Why would they take the warrants since the stock is trading at or lower than the strike price of the warrants? What was the warrants price again?
Hmmm... Shameful manipulation by toxic lenders. Wonder how the share count remaining would look if they file....
With that 400m share day I am guessing that they don't carry much more but I haven't done the math. I'm also assuming the volume throughout is likely mostly those lenders as well. Anyone done the numbers?
Volume cooling off... Let's see where the next week leads. Certainly starting to trade more. Not sure if a pop will result with all the dilution that has/is occurring. Likely will not be hearing anything until they update their filings.
Hmmm... Short term investors in mj sectors pulled out... Give it a few more days to hold the ask and we could see a push
I have thought that before... At least they have one selling product... Hopefully the last few years will brear something fruitful for MYDX
Not likely... Volume fell off with no news... Likely back to .0001 again....
Interesting buy... average volume ramps up.. let's see if it makes a move to .0003.
If the volume dies out soon with no news the pop is not gonna be too likely.
Yeah that would be an interesting turn. They do still sell the analyzer and it is profitable by itself. Now if the database can yield powerful results that makes the data valuable. A delivery device would be nice to make the most of the data but perhaps that is still to come.