North American Cannabis Holdings Inc (USMJ)

[4weed]

WHO'S BUYING @ THIS PRICE?

When the price goes down, the common comment is "WHO IS SELLING?" I think the more intriguing question is "WHO IS BUYING?"

Sell because you've lost confidence. Sell because you need the money, what ever the potential loss. Sell because you need the tax loss.

Again, WHO's BUYING? WHO WANTS TO PURCHASE WHEN THE PRICE IS GOING DOWN AND DOWN?

Only two possible answers and both can be correct at the same time.

1. Buy because you believe its a great deal on a share price that's going to go up.

2. Buy because you are covering a short sale at a higher price.

This stock has a limited float and with a limited number of brokers that will permit their investment customers to trade the stock. With a limited float and limited number of investors that can buy and sell it is easy for the few investors that can trade the stock to make the PPS increase and to make the PPS decrease ... and there is a profit to be made for those few investors on both and increasing and decreasing PPS.

I'm not paying attention to PPS until DTC Eligibility is complete. Then, when all the brokers allow all the investors to buy and sell, ALGA will find a much more genuine Bid and Ask and PPS then this hurly wurly PPS volatility we are witnessing now.

BTW ... I think this a a great PPS to Buy and I'm going to do everything I can to beat my broker into letting me buy.