Medican Enterprises Inc (MDCN)

[M-Fondu]

To me that just sounds like someone who wanted to get in on the cheap and flip for a quick 20%. I wouldn't look to deep into it.. I could be wrong but I don't think this free-fall will stop until the company assures the shareholders they're legit. That means they need to pull through on the properties (T-minus 48 hours), and it also means with the small acquisitions they're making, which they are small, start generating them some revenue. Because they are young and just starting to pull the trigger on deals I don't see a turn around for a while. I think there will be another pop again but I couldn't tell you when, but I do think after the pop it'll fall again and it'll be the same as before. The acquisitions are small potatoes which will generate a few thousand here a few thousand there... Now imagine you have not just a couple small potatoes, you have 10 sacks... That's their goal. The more small potatoes they acquire the more the generating of revenue goes up, the more the stock will steadily incline. They cannot increase in share price if they cannot generate steady revenue. The pops are hype based on news or anticipation of news. It won't happen every time news drops i.e. yesterday, but it'll happen again.