JIMBO-
I hope this helps-
NWAV:
Here is why this will keep going up
1) very tiny float by garbage OTCBB standard of billions for of shares
2) No toxic dumps and dilution
3) Clean medical MJ + alternate medicine play
4) strong accumulation - less flippers
5) company executing things on time and may be ahead of time, forget website stuff. I don't give a crap about website for medical + MJ clinic set up
6) most other MJ stocks tat rallied in September / October and even OWCP look tippy at current valuations, the rest of the MJ recreational sector is dead since attorney general Sessions news. There is HUGE questions mark on recreational MJ policies - however Trump is pro medical MJ, smart money is dumping recreational MJ stock and moving to undervalued MJ stocks like NWAV - How many people here get this? , not many especially those looking at charts and pullbacks. This stock is going up due to money rotation from other stocks like TRTC, MJNA, MCOA, HEMP and bloated MJ stocks that are good be stagnant since November 2016 - you need to put many MJ stocks next to one another to understand this trend . However MEDICAL MJ stocks like OWCP, CBIS rallied hard , recreational MJ is dead market now due to policies and fears
7) This stock is not just MJ but covers alternate medicine , the revenues here will be solid unlike owcp That getbwiprd and has long path towards FDA approval - very unlikely to happen in long run + plus they will dilute the heck out to do those long trials for pre clinical, phase 1, phase 2....
8) MJ is gaining traction in chronic diseases, pain relief , not addictive as other drugs. National science labs are already advocating it, many doctors have started prescribing MJ now ( CBD part is great for seizures )
8) This is still below 0.05, most MJ stocks like CBIS are trading at 1/2 billion market cap with almost zero revenue, all on press release hype of their partnership with Harvard. This is cheapest MEDICAL MJ stock by all standard
Bottom line do not look at current price, tiny !!
Look at similar medical MJ plays and their market caps, valuation, their rallies have stagnated - money moves fast in pennyland , all that money is moving into NWAV
if you are hoping for pullback, good luck
I don't see any major pullback until this hits 0.1 , it will consolidate intraday and move up step by step . I don't want to see 100% pump, but if momo starts here like OWCP this will rally like OWCP
