Medican Enterprises Inc (MDCN)

[M-Fondu]

Yeah I'm in the same boat. I like my average after averaging down multiple times... I've been keeping myself glued to this stock in particular because of the optimism in the very near term, now that is all shattered. I refuse to sell at the loss I'm at now, because what the hell is the point of selling when I'm down as much..

I just don't understand how they will be able to meet QB compliance going forward. They diminished any optimism to drive this back over a penny anytime soon and I feel like the only way they can do that is another R/S in the upcoming future. Even if they release a PR lets say Monday, how high is it really going to drive this after that 8k.. Ugh :/