Minerco Inc (MINE)

[Letsmakemoney777]

WHY .006 IS THE BOTTOM

STICKY THIS!

Ever since the conference call we have been stuck in a brutal 6 month downtrend. On the call Ezra stated that it takes roughly 6 months for a test phase and conservative product rollout. I stated this is another post a few weeks ago and I stand by it. The reason why we've been in this downtrend is because saying it takes 6 months to roll a new product out and test the market for it is in other words saying we aren't making any money over the next 6 months. Now that this period has passed marked by 3 distribution deals and production runs we now have a product ready to penetrate the mass market in coast to coast national style.

The technicals line up for it as we have approached .006 several times since mid July on less and less selling volume. Numbers below.....

July 17th - intraday low of .006 with total volume that day of 111.43 million

Sept 10th - intraday low of .006 with total volume of 35.69 million

Yesterday - we approached .006 on the bid and zero shares were sold while 4 million sat there for grabs. Total volume yesterday was dismal at 15.61 million. It is extremely important to note that we have approached this .006 level several times over the last 3-4 months and each time we got there volume was lighter and lighter. This is very strong in technical land and shows .006 as being a true bottom. Furthermore this also coincides with an important date before the run was made to .045. It was on march 14th a Friday that MINE closed at .005 and that Monday the 17th it gapped higher at the open to .0062 with a low that day of .006 before rallying much higher. That gap was almost completely filled back in July when we made a .0056 low. All of these levels matter and will hold up.

Now lets look at risk/reward. In the utmost dire of situations I think we can get to .005 which is less then 15% lower then current levels. I feel strongly that .006 will hold but I don't have a crystal ball so I'll give myself a cushion on that. Upside from here is unthinkable. .045 cents is almost a given in my mind, the question is how much higher can we go.

It's a given because the pot stock trade will return this winter and every pot stock trading since 2012 has made higher highs each winter so even without what I will call the Fizz effect we can get there. Mine had no pot relationship in 2012 but it does now and people remember it for that last winter so they will bid it again this winter on the herbal collection "potential". I want to be clear that all it is, is potential as they haven't done much yet, but they will and you will most likely hear about it over the winter when it has a positive effect on the pps. Somebody did post filings of theirs about THC labels etc in late August so they are working on it.

So the question is how high can it go. I have made several posts about this already and I believe even with our high share structure we can get to 50 cents or even a dollar in a crazy rally. It has been done before with worse stocks like HEMP that also has an O/S structure of over 2 billion and got to .34 cents this past winter. We have the Fizz effect which should get us to .10 cents minimum and the pot MOMO kicks in from there in December and that's how we get to .50.

We are going to absolutely rip higher.

$$MINE