Medican Enterprises Inc (MDCN)

[fxsho2008]

Keeping The Momentum

I think we will keep the buying momentum through the end of the month with the anticipation of closing both locations. MDCN seems to be quiet these days, a good sign perhaps telling that they are getting things done. I think management knows this is the last time they can miss a deadline. I think it finally set in.

With that said. Due to the VERY SMALL O/S and float and relatively small A/S. (that have not been all exercised yet) I think that any news that is concrete and solid will push this to new all time highs. I think we are quietly sitting on a gem here that is capable of pull off new all time highs.

The MJ sector is in consolidation, about to unravel and repeat some new highs. If you entered into the MJ sector in the past quarter or so you are in a VERY good position going forward.

Let's let MDCN work their magic and get deals inked. Last time this ran on pure speculation. This time with hard concrete deals in place we can easily surpass those highs with the turn of the MJ sector in our sails.

Also keep an eye on the US Federal leval. If the feds legalize MJ on any level I see the whole MJ sector pushing forward.

We many positives on our side. Let the shorts short, bashers bash and the flipper flip for a few thenths of a penny. Majority are here for the long run.

Best of Luck everyone!