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I mean honestly, think about why they(might) be doing this tho. They made this offering to K&J so that they could expand, assuming that they don't want to go dark or bankrupt this is a step the needed to take as there has been a lack of revenue.K&J knows this stock will be worth far more than what they can immediately sell it for even if its discounted to them. We know were in growth stage, and we know its going to take A LOT to move this stock up but were closer than ever to achieving this trend reversal and with the right series of updates and progress made i don't see this stock selling off as hard as it always does. Who knows, maybe K&J is planning on supporting major levels of the stock while only liquidating a portion. On the other hand mcoa could just be looking to switch gears entirely like ryan suggests and drop moca for their new upcoming public listing. They could simple fail and go bankrupt. K&J could simply mass sell off once fulfilled. just speculation, i'm honestly still really new to investing and these are just some ideas, but lets not jump to extremes just yet. I have faith in mcoas management. If they care about us they know they're hurting us, they'll come around, GLTA!
hahaha right!
as far as i can tell it seems like hard AM sell offs with consolidation the rest of the day. Please dont kill this stock k&j :>
I hope they at least stop after lunch like yesterday... need to scalp
Lets see what happens :)
Hm, this is no diffrent than last year only this year cost efficiency is better and product is rolling out globally. Not to mention new listing coming soon for their hempsmart brand for more income stream. Liabilities are high but theyre still making progress. Much more peogress.
yeah ill be happy with a high .014s close
some big buy ins
Also it looks like theyre headlining it as good news." Marijuana Company of America Announces 504% Year-Over-Year Revenue Increase for First Quarter 2019 Financial Results" I would really like to see some more support on the graph moving forward.
Yeah all in all I agree, this is somewhat to have been expected. At least their efficiency per dollar cost is still up. 6 months to 1 year is no time to wait , i think we will keep seeing positive updates and further progression by the end of the year for sure. Mcoa still has my strong support :)
interesting report, any thoughts fellas?
Waiting for those quarter results!
Agreed. Lets have a strong week!
loading here for news, hope to set new trading range to the .015s~~.016s next week.should keep the chart looking right for future updates.
Expectation huge pop monday/tuesday on quarterly results!!!
as always, its been a pleasure being apart of this growing industry. quite excited to see mcoas quarterly, i'm sure they knocked it out of the park again.
i got you ;)
OH yeah, I read it wrong i thought we had a month. Thanks for pointing that out!
Still looking to add, I guess we got a month of mental fortifying to do, unless they drop some other news in the mean time. Long forever, ill stick by the growing industry until federal ban or full approval. Mcoa$$
yeah they did this last time, and it was a banger..
MM's HARD at work haha
getting close to my support range, about to add heavy.
lets eat those sellers up
Great week, looking forward to seeing tomorrows close! loving all the information from mods!Thank you guys, your efforts are appreciated :)
Do yall think this price sticks next week? I am torn on giving up my low 0119 avg at these levels. waiting for a minor drawback to add big again!
I think its perfectly logical to think such a thing would happen.What about a trend reversal? Once this thing gets real momentum i personally believe itll continue to grow as states legalize over the next few years. New partners new strategic deals, We are seriously well positioned for exponential growth
That would be a wildly disrespectful move,
I dont believe theyd do that either!
Havent lost faith in this company in two years. Very long and very strong.
Mcoa will serve as a fountain of wealth that will shower shareholders for life.. at least at these prices IMO
Expecting trend reversal very soon
Load load load~~
Tis beautiful
Mcoa thank you <3 looking to re position after this pop, never know if well be bleeding for another week dont want to be too greedy. sold half!!
Loving the support at these levels!
Ive got a really good feeling about $mcoa this year. Shareholders will see the grace of the giving tree soon enough.