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Re: MD-420 post# 83714

Saturday, 03/04/2017 2:04:56 AM

Saturday, March 04, 2017 2:04:56 AM

Post# of 112669
MCIG has announced these just to keep the stock from sliding futher. Management knows that the are over priced, with 340 mil OS and mcap of 80 mil, it just does no justify a company whos revenue is hardly couple of mil.

the stock is still overpriced and i a good entry point IMHO is around 0.10 to 0.12.

Between Sep when it was 0.04's and now 0.25, the revenue has not increased as much as the OS and mcap has. The pump is over, all MJ stocks are returning to December levels and waiting on next move by Sessions.


the run if at all comes through will be short and will get killed soon as overall sector is down.
The Q no were already announced and the current price has already taken that into account.