Well, a shitload of volume and price movement. Anything under a penny looks like gold now. Following the chart.

Loaded Friday-chart looks good-golden cross soon.

Got a volume alert the other day. You know, when I compared Livewire to Tilray in the last year, Tilray is down 83% and Livewire is down 70%. The sector has been anemic. The possibility exists that Bill shed GHC Ventures for a good reason-bigger and better things. With money behind him, maybe he has the luxury of pursuing a better profit center. Clones may be good immediate revenue, but are they something you can build an empire from?

Not excited, just thinking that things could liven up a bit.

GLTA

Golden Cross

Welcome!

New IPO let's see how she does. Interesting niche. I actually got IPO shares from my broker-shocking. May be a hero or a zero-time will tell. I believe that China trading was closed when it IPO'd so let's see if there is any domestic interest in the next day or two.

Still scratching my head on why the clone operation is no longer viable. That business could have gone very big imho. And why no effort to sell clones online? Strainbox, Cloud City Clones, Dark Heart, Strainbank, Mendobros-no doubt the business model is viable. I don't care what Bill is doing now-the lead up to the clone biz with pics of huge warehouses, vans putting on 1000's of miles-and what? Poof! Like a fart in the wind.

Anyone that changes business strategies like this obviously has no well thought-out plan. I can't imagine, as a business owner, ever succeeding like this. It seems to me like a TON of time, money and man-hours were wasted on the clone venture. Estrella Ranch is basically in the middle of nowhere. It ain't no Hearst Castle. Build it and they probably won't come.

Volume!

So when do the $5 kiddee pony rides start happening at the ranch?

Let's see if we can sustain the 6 area and build support for the next leg up to 8-9.

So if GHC Ventures is gone, what exactly is LVVV now?? Another weed grower? Well every Tom, Dick and Harry with an extra half-acre is doing that. This board knew a long time ago, as did anyone following the sector, that cannabis was becoming a commodity. To boot, the price of that commodity keeps going down. I thought that LVVV had a chance if it remained a boutique-type venture. Someone listed a post showing that Pasternak is on title for the Paso Robles property-does LVVV even own it??

I had "high" hopes for LVVV, but they change direction faster than a wind vane in a hurricane.

The huge opportunities were in buying the market at the depths of the covid panic-why tinker around with this mess?

Now we're cooking with gas-why so quiet out there-the stock just made a 28% move!!

Can't believe thaT d-bag claytrader showed up.

It appears that nothing has been thought through very well, combined with a lagging sector. Like in Vegas where the House ultimately wins-the only winners since legalization have been the license issuers and the bureaucrats hired to implement this tax circus. The taxing authorities killed the goose that lays the golden egg. By creating high licensing and renewal costs, the BCC has added great incentive to the Black Market. LVVV has behaved like a rat in a maze-let me go down this path-shit, no cheese here. OK, let me go down this path-krikey-no cheese here, either. THERE IS NO CHEESE. Only the largest cannabis companies with the greatest economies of scale can will make it. If all the little guys with big ideas were spot on they would be bought out by now. It looks like the ranch is in Pasternak's name-is it even owned by LVVV? Not by my reckoning.

I knew when the clone business disappeared that the company plan was derailed-again. It will cost millions and millions of dollars to build out the ranch. Where is Kyle? Where are the built out pics of the cloning warehouse? Why is everything always conducted in a shroud of secrecy? This is penny land of course, but even a kid with a lemonade stand has a better game plan than this.

Might be worth throwing some Vegas money at the $5 LEAPS. Rumor is that Amazon may be interested.

Tell us what you really think!

I think that LVVV is better off than some companies who have a lot of issued debt. You can see today that Ianthus defaulted on payments for its senior issue, and is down 64% today. The virus will be the death knell for a lot of companies in the cannabis sector, but in every sector as well. Some are predicting 30% of small business fail. Been mostly cash until this all settles out. I'd say buy the bottom, but who knows where that is at this point? We could very well enter into a depression.

Sold any longs a while ago-thank God before this melt down. All cash until the carnage abates.

Joe I have pretty much been on the sidelines regarding the cannabis sector-waiting for some type of confirmation as to a bottom. Only the shorts have made money for a long time now. Not sure which is worse-releasing news or not, since most news is bad. I think Bill has a great property in San Luis-what he does with it is up to him. Like many I wish there was more transparency, and without more recent pics of the cloning operation we have no idea if that is picking up steam or being back-burnered. The company mantra changes a lot-from cloning, to Equestrian, to property developer. Look to Tilray, Cronos, Aphria, Canopy for indicators. I took my tax loss on LVVV last year and the only thing green-related in my port today are Cronos $3 calls for Jan of 2022, which I bot yesterday.

Good luck-it would be nice to hear more and see more regarding the progress of LVVV's venture.

Alternative investments?

JD the time to go back for another visit is AFTER they're growing weed!!! Hope all is well amigo.

Loading LEAPS

Things are getting interesting out there.

Wow-not much has changed. Haven't seen any news recently. Silence is deadly.

Daily RSI at 70 a bit toppy, but weekly is 45, so there is room for more. Short-covering could be the gasoline on this fire, and a solid Q report would be a one-two punch. As the world economy builds out, profit-seekers will exploit Africa and create the infrastructure necessary for a company like Jumia to succeed. Cheap real-estate and a lot of consumers.


A bearish signal reversed is a bullish P&F signal that suddenly occurs after a series of lower lows and lower highs. First, a P&F downtrend needs to be present on the chart. Note that X-Columns represent rising prices and O-Columns represent falling prices.

Been trading a long time and this could go parabolic to 20-25. Refer back to this post for laughs at a future date.

Added 10 Jan 15 2021 $12 calls

Downside is low.

Volume is bonkers.

Jan 2021 that is....nice a/h action.

Stacked a pile of the Jan 201 $5 calls earlier.

Went heavy at $9.90

This idiot must be Andrew Luck's cousin.

And out at .728

Enjoying .48 entry bazoom!

I think we may be seeing lows here-Africa is the one of the last frontiers. I think 1000 shares and hold for me. Can always writes some calls on the position or buy puts for insurance. Like MedMen, Jumia has to rope in expenditures and focus on viable profit centers. Sooner or later, reality sets in that to remain ongoing, one must not burn cash.

https://www.marketwatch.com/story/the-next-decade-belongs-to-africa-as-technology-ripples-through-the-continent-2019-12-14

MedMen HAS been taking cost-cutting measures-big ones. This article is a day late and fat joint short.

Things just gotta settle down. I can remember vividly back in the day. I had just gotten my series 7 amid the dotcom explosion. 1993. Seemed like the sky was the limit-then the crash. But from the ashes many stars have risen. I remember both Apple and Amazon trading for dollars, as in several. Not all will survive, but this is a time to sit back and watch and identify who the players will be. This is actually good for the sector. From strong foundations, tall buildings emerge.

AMZN-$1.50 in 6/97

Bearish catapult.

I think we will see game-on when we have a huge-volume up day. Like 10-20 million shares.

Lot's of moves-looking like short-covering is at work.