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Too good to be true! Just slapped for another 1.7 mil!
Agreed. Take a look at RSHN back in July. Month later it hit .008
Looks like trading has resumed.
So the feeling here is that this will be going private? If so, can we expect an offer above the current price of .001?
And that made the price go up?
Anyone know what caused the last rise in price that started on 9/4/18?
I'm not sure I understand how this is a scam. They are a real company with reported revenue working on getting new customers.
I've seen far more penny stocks that barely have a website that get pumped to oblivion by paid groups.
I'm not saying this is going to pennies but I don't see a scam.
Debt is absolutely normal in this industry. Uber posted an annual loss of $4.5 billion back in March before asking for more money.
https://www.bloomberg.com/news/articles/2018-03-07/uber-technologies-is-said-to-seek-1-25-billion-in-loan-market
All speculation. I'll keep my realized gains.
I've been close to the industry now for over 5 years in Colorado. I've seen prices fall and then fall some more. Once this bill is passed they will absolutely hit the floor. Supply will outpace demand very quickly.
I think it entirely depends on where you are. There is way more overhead costs associated with growing indoor but yes you can control your environment more.
Either way. Everyone and their mom is jumping into hemp right now. Lot of competition for this company to navigate and if their crop isn't up to snuff, they are worth nothing.
But how much more can you get from outdoor? A whole lot more. You can yield 2x-3x more per plant outdoors. Nothing compares to the sun.
Uhh no it's not. Ever heard of Croptober? It's what many growers fear bc that's when all the outdoor stuff gets harvested and prices fall through the floor.
Lots of people on here with no idea what they are talking about.
That is some wild speculation. I have a good friend in Oregon who is getting $80 per lb at best wholesale. And that is highly dependent on quality which is usually up to 16% max. Anything below 10% people won't touch.
I would cut your estimate at least in half.
Got a link for the hearing?
Would be great to see those pics of plants in the ground and the processing facility.
Thin thin thin. Time to move.
Oversold city. Bounce incoming.
Another Tweet
RushNet Inc. $RSHN will soon be providing photographs of the hemp extraction and processing facilities
https://twitter.com/RSHNOTC
Look at the algorythm run! Every 10 seconds. Bid whack
No idea. Just says unspecified central time.
You called it! Interested to see what happens tomorrow with earnings. I agree. We are at 1/9th the market cap of Canopy and will have much more capacity in 2019.
Definitely possible. Crossing a dollar mark is always a psychological level. Plus we have earnings tomorrow so that's a factor as well.
Sure I'd love some more cheap shares but just calling what I see. Anything that doubles in 7 days is bound for a pullback. I think a 25% pullback from the high of 3.80 is totally reasonable.
I see this going into the high 2's over the next few days or into next week. Then the rocket ignites and we see new all time highs by the end of this year.
Yep. And I'll keep flipping. You can easily get 10% everyday. Buy when it dips to .0055 and sell at .006
It's too easy.
Looks like we've got strong support at 3.25. Just picked up a few hundred more. Won't see these prices after October!
Anyone not flipping this is insane. I've been in and out 5 times this month alone for 5 digit REALIZED profits.
Totally agree. I've been in since this time last year so I'm just averaging up at this point.
Based on the 3 past runs at the end of 2017 and in to 2018 it pulled back an avg of 40% and the pullback took roughly 11 days each time. We'll know very soon what's going to happen.
Based on the past runs, I see this settling in the high 2's before it goes back up.
Moment of silence for those that just got wiped out
Thank god for that run. Fully out. Enjoy the roller coaster everyone. 2 million in orders and market cap of 50mil+ lol
Definitely stock of 2018
Speaking for myself but I'm growing tired of the obvious games that are being played with this stock when the rest of the marijuana stocks are flying.
Here comes the bid whacking. If we break .0055 it won't be good.
I think a lot of us are out of dry powder. With all of the dips recently I know I am.
MM's drove the price down and triggered stoplosses and then scooped up come cheapies to flip this afternoon and in to tomorrow. Same old games.
Flippers just got a boatload on new shares in the 5's. I think we'll see the 6's for the rest of this week now as they flip them out.
Don't set a stoploss and this won't happen. Looks like their plan worked.
The .0069 wall is going to fall so fast. Some is trying but failing to keep this down.