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MM's might be ready to let it rip now...
Some would be happy with $1/buyout.
Personally, I would be livid.
$3-$5 Minimum buyout potential. IMO.
Skin ailments (inflammation based) 20B
MM patent Several Billion
Mj soluble tablet patent. Another 10B
They only need a couple of more studies and FDA is starting to play ball...
So yeah, I would be PISSED with a paltry $1 buyout.
He had a company before this one which he ran into the ground. Promised NEWC shareholders shares of sannabis, then supposedly sold the subsidary to VSYM.
Just ball parking on the last time I saw 310M listed as the outstanding.
Sorry, 1/3 of outstanding shares.
You don't trade 1/3 of the float in 4 days on a P&D. You trade 1/3 of the float in 4 days based on BO rumors.
I think that 310M would be the LEAST anyone would consider if that matter were put up to a vote. Don't forget DGF is likely holding a crap ton of shares.
Given this environment, I think 650M would be the least that managment should accept.
Personally, I would not be too happy with getting ripped the F off of about 20B minimum of IP.
One third of the outstanding shares have been traded so far...something is definitely happening soon...
Campo is definitely a scam artist. That being said, how high can he scam this up to?
Well I definitely will admit, ClayT has a pretty strong following. I should have known he would incite a panic sell off...no matter, traded to stronger hands. All the FUD in the world isn't going to convince me those patents are worthless.
Thanks CT, I needed to average down a little more anyways.
I agree, soon as the MM's recoup 6M more shares this is going to fly again.
Lets posit for a second that they are diluting. That means that DGFs converting to commons instead of taking 10K from OWCP an interest payment.
Bullish
MM's gambled this morning and shorted 15M shares to try and stop the run with CT. So far 5M shares fell prey...we will see if they can make up the rest today on the cheap..
Man it's going to be so freaking bullish for tomorrow when this closes green today...
4M shares just got stomped out on a 10% stop loss setting....lol textbook otc.
3.7M traded in 7 minutes! Love the volume!
I think we are going to see %120-%150 gains today....
Just my opinion, but I think CT is going to have the opposite of his intended effect just like back in Jan.
17% of the outstanding shares were traded today. It's entirely possible that the float will lock again and this could go parabolic into the .30's maybe .50's....
The best part about hitting .15 again is that means a lot of people think it will 10X from there.
It felt so good to block MjMilo just now, and never listen to his BS ever again!
For the rest of us:
I think we are looking at a mega-run possibility. If volume increases tomorrow into the 100M range it may shoot up to .15 again by EOW. I honestly think next week could be .30-.50 range based on the chart fractal matching 2016's.
Might slow up at that point, but I don't see it crashing again. Covid-19 has been priced in this time, and I'll say it again, if DEA down schedules MJ we will probably be looking at ATH's again.
Just my personal prediction, my Friday's prediction was right though:)
Who predicted 100%+???? This guy!
I know, I couldn't believe how broad this patent is!!!
I think its hilarious people still use stop losses...amateurs lol.
Can't wait for the rip!
Wonder if we are going to see 100% gains today, or 15% losses....
I'm actually cool with either one. If this drops before Wednesday, I'll buy if it goes up before wednesday and its still under .05 I'll buy....
Just my opinion.
If we get a legit owcp run combined with a mania we could find ourselves in the .40-.60 faster than anyone thought possible.
I think we are going to see some parabolic sh@t start to happen sector wide tomorrow...
Dean14 is right RS makes no sense. These guys have plenty of $ right now.
The whole sector is re-inflating.
I think we could be .05 by tuesday as crazy as that sounds. CT will probably show up on Friday after we hit the .07-.09 range to try to cool things off the following Monday...and they won't.
Just my personal prediction, no DD here.
You know what January was? A total fake out for traders. Sure anyone who sold at .15 traded far better than I did. However, anyone who waits past .15-.20 this time around will be the people who keep chasing this ticker. SMILE at those people if you are like me and missed out on gains earlier in the year because they thought the run was happening early.
True longs know the traders will support this rocketship once the ignition (in my opinion down-scheduling of MJ) happens.
In my opinion we are extremely close to another subsector mania, if that happens anyone holding shares right now is going to be smiling ear to ear.
Just my opinion of course...
Remember when this traded in the .40-.60 range??? I think we are headed back there on TRUE fundamentals.... I see us either
1). Getting BO at the $3-5 range. (Market cap of 900M-1.3B) possibly more depending on liquidity...
2). Climbing slowly to .45 range over the next 4 weeks, then going on a nutty prolonged hyperbolic run like CVSI did over the summer 2 years ago.
How we looking on BOB status? Next week is going to be fun,I hope it doesn't go over .03 by wednesday, my couple hundred $ will lose a lot of purchase power.... I really do think we will head back into the .05 range by mid week.
Next week is going to be fun:)
I know this because I was going to get more $ in to keep averaging down... sadly I'll probably get 2K shares instead of 20K for the couple hundred I can spare.
Dead cat bounce my @ss. That's cool if you flippers want to sell here with me, we'll need you again to take us from .05-.10 next week.
Did any of you notice that Pelosi wants MJ banking in the next relief bill?
My thinking is DEA will reschedule mj to 2 or 3 at the same time.
Then anyone in at this level will most likely become millionaires....
Just my guess!
I personally think we are 2 weeks away from getting the MM patent allowance. If this ticker manages to climb back to the .03-.04 rang before that happens....look out!!!
.30-.45 range is very possible if all that falls into place...
They said a year ago they would immediately file for orphan drug status if they get that patent. I have seen biopharmas run multiple dollars on one orphan drug designation.
That offer is going to sound good in 2 weeks.
Silence on this board is erie...calm before the storm...
Does anyone realize the massive amount of shares that traded hands in January? You think all of that was dumb $? Sure old money (smarter than me admittedly) sold some shares to de-leverage risk, but I'm betting anyone (including dermatologists) paying attention to how incredibly broad that skin patent was are (like me) buying in or averaging down right now.
I think the distribution the last couple months may have concentrated not dispersed.
If it has, we may see a repeat fractal of spring 2017 with good MM patent news.
3M for possibly 2 U.S. patents one with an orphan drug designation???
Repeat after me, THAT'S A STEAL.
Personally, I'm crossing my fingers this stays under .01 until my paycheck $ can get into my trading account by next Wednesday..
I stopped averaging down last Oct/Nov because I really wasn't sure about the company.
Once they got a U.S. patent I was convinced that this is a real company, but by then didn't have the opportunity to average down.
I'm down to .085 average now, I can't meaningfully average down at a reasonable price above .02 so I'm going to cross my fingers and hope this chills for another week or so...
I really think something special is going to happen this year...
All my personal opinion of course.
Lol gotta love people conflating not being registered on the QB with getting de-registered.
Whole lotta FUD floating around. My guess that means we are about 1-2 weeks away from fire works!
Just my opinion of course.