Monday, August 21, 2017 10:22:16 PM
Notice the 52 wk low over the past few months. It's eventually going to be closer to what the share price is now.
Some big notes also converted back when the volume last year was insane.... no one noticed then. Who knows how many shares some of those guys held on to and finally decided to let go. 200-300M shares were added to o/s during last years massive pps pop, but we ended up with a full house in OR and one lab in CA.
I think the recent drops are just from regular folks getting out. I've seen NITE on the ask quite a bit lately which is an MM for at least a handful of E-trading websites. I've been watching other MJ tickers that have been very tempting. I know atleast a few million have been sold to jump to quick plays.
The latter I'm not too worried about. IMHO quite a few that were longs and bailed to grab some quick money elsewhere will be back when this thing wakes up again.
WW is going to speak at MJAC on the 1st and shareholder meeting will be at the end of the month this month.
This thing could start to become active again next month, but time will tell.
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