InvestorsHub Logo

89x

Followers 3
Posts 398
Boards Moderated 0
Alias Born 10/14/2016

89x

Re: LoveMoney8 post# 59573

Saturday, 10/29/2016 1:23:11 AM

Saturday, October 29, 2016 1:23:11 AM

Post# of 84914
Hope everyone has a good weekend. Usmj ended nicely at .0006 tho it wasn't particularly strong today. I like the post about 60 minutes, that will bring some needed attention back to the MJ sector. I honestly see a big run in MJ stocks this week. If not then after the elections and or January when the new president assumes office. So much buzz on USMJ. Homing pigeon candle articles, dividends, team ups with ALYI and PURA, bullish charts and confirmations. Some article has USMJ as an emerging leader in the MJ sector. Whether this is true or not, is yet to been seen. All we can say is the press has been nothing but bullish. The hype alone should carry this stock somewhere near a penny eventually. I would be pleased at even half a penny per share. Only thing dragging this down is the increased shares outstanding from 3-13 billion in the last few months. If it stops at 13 I can see it running a bit. The convertible cannot be stopped now {which is why USMJ is creating so many new shares} because it was issued in the past. The major plus is that those who converted shares probably will hold for a much higher price instead of dumping right away. It is their job to make their respective companies a nice return on convertible debt notes and anyone dumping at .0005 right now is a complete fool or is extremely desperate for cash.