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I re-iternate-- I've been right about this stock and tried to warn months ago. I was trying to help. Now look.
After coming out of iHub prison without a fair trial, I would just simply like to state that I was right all along about this stock headed down a spiral, and want concession speeches all around, please. Thank you.
I HAVE BEEN WARNING FOR WEEKS. STOP DELETING MY WARNINGS PEOPLE SHOULD KNOW.
I'm not going to hold your hand, I'm giving free prescient advice. It's up to you to take it. It's all the month chart, volume, RSI and MM behavior. Ever see a ball slowly bounce on the ground, w/ a lower bounce until it just rolls, and then rolls off a cliff?
Should have waited a month, would have been subpenny. No idea why people are throwing money into a security vault down the river
Well here's my last warning, and then I'm out. Red today, red tomorrow, Thursday judgement day, Friday plunge to hell. Say goodbye to the 0.02 floor. Get out with your profits while they are still profits, unless you enjoy losing.
Look at the month chart-- see the high get lower and lower to 0.02, and see how the floor comes out this week
If making fun of me is your consolation prize for losing your money for keeping ACOL, fine by me. You should read my entire post log from day one if you want to see the whole story, except it's been systemically deleted by the mods to make it seem like my trail of logic is illegitimate.
Down down down, say bye to your money
To be clear, I wasn't trolling before, and still am not. The only trolling I will be doing will be the justified one later this week. I've just been painted as a troll. Apparently, in this world now, if you say something they don't want to hear, even if it's truth, they dismiss it by calling one a troll. They will learn.
Would be potentially illegal to be more specific. Ultimately, this is a message board which only allows hearsay. Of course, when it's positive, everyone loves it. When it's negative, people accuse it of hearsay. If you are smart, you'll understand they should be equally valued. Anyway, I probably won't be the bigger person at this point, and except some trolling laughing from me come Friday.
There is no bitterness towards ACOL, is what people don't understand. I made a ton, buying at 0.004 and selling at .038. I was ready to buy back in in the 0.02s, but then found out more, and reacted and realized this is not what we thought. I started trying to express this, and also from my source, but was attacked on a personal level, and then deleted constantly. That's why I'm not going to give up.
Hope you read this before its deleted, but that is not true-- I had many positive things to say about ACOL prior to 2 weeks ago, but when my tone changed and I was giving real info about the company being not what it's advertised on this board, the moderators started to delete things I was saying, and endorsed an atmosphere of people attacking me. Then, they started to retroactively delete even my positive comments on this page to discredit me. I am here because it's personal at this point, and it doesn't take much time for me when I get a notification from ihub about messages, to come on here and quickly continue my fight. Literally, these mods are trying to keep this perfect image of this stock by shutting up any negative concerns on this board, it's not right.
You know they're afraid I'm right when I post sound explanations of the pitfalls of ACOL, but the moderators keep deleting them, but leave up comments where people attack me and talk about my mother. I think that's pretty unfair to the rest of the board who should be hearing what I'm saying.
May be illegal for me to say, just trying to warn the board community
Uh oh...bad news coming later this week... Don't say I didn't warn you all!!!
Every week from now on, lower highs, lowers lows.
It said 12% from previous year, not from previous quarter. And even still, 12% is not great growth at all if you know anything about business. They can't expand fast because no big outsider is giving them an investment of capital to expand (red flag since this is such a slam dunk in the MJ industry right?), which is why they started selling their shares last week to sucker long and strongs to get money in the last way possible. This is all so obvious I don't get it. This is going subpenny, 0.02 resistance will be broken next week, and this will spiral down.
I'm not getting paid at all, it's a matter of pride at this point. So many of you attacked me when I was trying to give honest advice and discussion last week, and now it's degraded to this, but now I am going to stay with my popcorn and watch this slow sinking ship submerge with all the blindly emotional, subpar investors drown. There are only a limited amount of lifeboats, get on one before it's too late.
People keep talking about the entire MJ market and how it's going to blow up, and think that applies to every stock and every product."but ACOL is different! They have real numbers!" So did Enron. We're talking about OTC stocks here. There is already a level of illegitimacy, and you cannot apply traditional business principles to these stocks. People have lost their minds, they are under the spell of greed.
I am not saying ACOL is not legit. But that has nothing to do with how ones should invest in OTC stocks. This has gone up exponentially since three months ago, and yet, the last of the greedy are left, still talking about more and more. You will have to learn a lesson now.
ACOL is going to go down like this for the next month everyday, just as I'm trying to warn. Until subpenny. And everyday there will the the emotionally attached ones in denial trying to convince themselves and others this isn't the truth. Just read the comments. Get out while you still have some profit, otherwise just think of how much time and $$ you wasted.
Not sure you know what dilution means. They sell their shares they have right now for cash (look at the insane last week once shorts were covered), suckers like you will buy more telling everyone "long and strong!", then this stock slowly week by week goes back down to $0.006, especially after their report that is not even close to the hype it was pumping up on recently, them the volume becomes more and more stagnant, and stays that way until fall/winter. Again, just remember I told you this now, so when it happens like clockwork, you can figure out how to move forward in the future with other investments.
Just remember a month from now everything I tried telling you guys. Just remember what you were telling yourselves now, versus how you feel later.
How do you think they have endless shares? DILUTION WAKE UP
This is pure emotion talking when you admit and know they are diluting to raise capital, and you think you're on Shark Tank suddenly, and not an OTC stockholder. Dilution of stock is a last resort to raise capital-- to be selling their OTC stock while it still has some value. Any real company would be raising capital through another round of investors or trading stock for cash from investors-- not diluting shares in a volatile market. It means no legit money thinks investing in this company will amount to big profits for them down the line. It also means they're going to keep diluting every time they expand. There are already 5.1 billion out there, they're going to slowly cash out on this ridiculous system of OTC stocks because it's a better business and easier profit maker than selling any Medtainer.
Being a legit business w/ real product, and having 5.1 billion shares out there available to cash out on long and strong holders are not mutually exclusive.
Uhh because I don't get emotionally attached to stocks and when obvious evidence appears, I reassess. I can't believe how emotionally attached and irrational people here are to ACOL. Yes, I'll buy more shares in the fall when this stock gets the dust off of it after a disappointing report in March and one by one smart money people sell off their shares of ACOL as well and invest in something where the volume is not dying and diminishing week by week, starting with last week's dilution (which came because ACOL themselves know the reversal that's happening w/ this stock).
It's amazing-- the emotional reaction is not that I'm trying to warn you guys, but that it's a conspiracy and I'm trying to buy more shares. Jesus get real and get over yourselves. This report you guys keep talking about is fool's gold. Their profit return ratio of their product makes it impossible for them to expand as fast as you guys keep dreaming they will. Every year a new state legalizes weed and a pump and dump happens the first couple months and then smart money takes off and leaves dumb money in "long and strong" chasing emotional dreams based on confirmation bias evidence.
I don't care at all what you guys do with your money, I made my $46k off ACOL from $0.005 to $0.047 I'm just trying to warn you guys as a community, but suit yourself. Being a good trader is knowing when to sell and not watch and daydream and stare at numbers flickering all day. Get cash money in your accounts. ACOL is a decaying carcass until at least next fall, look at charts and history, it's all right there flashing in RED.
Just remember you read all this a month from now, and that someone gave you a chance to get out before this slowly bleeds out. GLTA (but it doesn't even need to be luck, use your left brain)
Ya'll don't have to believe me, but just remember you were warned when it does happen in the next two weeks, and learn from it going forward in your future investments.
Did you guys not pay attention to the ridiculous volume earlier this week? After the shorts were covered and the whole Claytrader debacle. Flip through the boards and the charts others were trying to warn about ACOL. Mass dilution-- the company wanted some more funds, which is good for them in the long run, but terrible for the stock. No real traders ever stick around when there's dilution. GLTA
Eek, you should have done more DD I think you're a bit late. Like I said, I've been w/ ACOL since 0.004, and was very saddened about this slow reversal happening. They killed this stock a couple weeks ago, and ACOL themselves panicked and started diluting their shares last week, didn't help. Good luck........
Not good after dilution from the company. It's just a house of cards, waiting for buying interest and if it doesn't get it, it'll start falling apart. It's almost worse than short interest being high on a pullback. Low volume after dilution is signs of a slow reversal.
ACOL is about to drop hard. Low volume now that dilution ATM is over, no buying power or general interest from new investors, no real news for another month+, this is going to slowly sink. If the news is good in a month+, then it'll climb, but to sit and wait for that is a waste of time and money imho.
Deels0905 Did you buy back in ACOL? After selling at 0.0219? Curious where you stand now
Look at BMXC's 1 year chart after Claytrader did his thing. This is exactly what's happening and going to happen to ACOL. Will be .008 before it comes back up. Some here might be long, but most longs will take their profits and find other stocks, and come back to this when the time is right.
Play it as you see it; hopefully you can see it.
Bought ACOL at 0.09, sold at 0.38, and waiting to buy back in. My main concern though, is the lack of momentum or interest in this stock from bulls, even if we concede that the bears are done eating. Feels like it won't have the swing upward like before unless it's AFTER real news comes out, rather than anticipation. I feel like most of the bulls who had money in here have put it elsewhere for now. What do you guys think?
Dang, was excited at first this morning, but gravity is going to do its job in ACOL, like a ball dropped on the ground, slowly but surely coming to a rest...
I'll be back for ACOL when I don't see a Claytrader chart video posted here and know for sure they moved on. Might be around 0.004, but this ruthless reversal they're creating, regardless of how much ACOL longs are trying to hold resistance, is not stopping. I'm so disappointed this happened to ACOL. It's almost personal to them, it feels, because they could have just ridden the bounce back up to 0.07 and shorted again, but they want to drain ACOL into a lifeless carcass before they're ready to ride it back up when there's substantial numbers and news and deals. Truth is, Canada won't be exploding until 2019, and most people aren't willing to sit long and keep this stock going up for two years straight. I would have been happy if this rode from .007 to .05 steadily into the summer but, damn... do what you will, but I feel bad for the people who came on during the last couple weeks and just got murdered. I think it's time to cut loses for now, but I know the longs will be upset at this suggestion, but man, I just hear from too many people devastated by the last week
Every indicator points to what you're saying to be correct. Bears win for now on ACOL, but long LONG holders may be happy again in April
When you say "16 mm on this", does that mean there are 16 market makers on this?
Can't wait for today's Claytrader awesome video 10 min after market closes, they're so exciting. Like the how-to video they show on how to strap yourself into the electrocution chair.
Felt good ACOL when it was under the radar. Still felt good about a long play, but now w/ the combination of the short manipulators, the ridiculous volume that resembles share dilution, the fluffy news report to combat the shorters which indicates to me people in company are very aware of its stock price and care about dips themselves even though they're supposed to have a strong company and numbers and are now trying to manipulate the market themselves, the delayed earnings report they'll release in April not Feb, the 5.1 billions shares-- even w/ 3.1 billion restricted-- the other people ACOL long play holders that seem to be quiet now and abandoning ship, the dead cat bounce right now...
Yeah...I'm taking my profits from .007, and will potentially buy back once it's off the radar of the short vultures.
These are my opinions, GLTA
What price point is the short covered, in your guess?
They've killed ACOL, with OTC stocks, doesn't even matter what the numbers are when the grim reapers are here and feasting.
Sold all, I'm out until sub-penny again. This isn't a pullback, this is a reversal