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Re: None

Wednesday, 12/27/2017 1:32:26 PM

Wednesday, December 27, 2017 1:32:26 PM

Post# of 64600
Reasons for this pop and why it could continue.

other then the chart being well set up for this the last few days before the breakout and then again holding its RSI on the initial pull back. The reasoning i can see from this is a few pronged.

1. they diluted enough last quarter to cover several quarters of operations if they were making zero profits.

2. they announced they released the product which helps 1. even more as they will have profits on top.

3. They announced their new loyalty program but more to the point the emphasized twitter and Facebook and using their data to be a more universal company which brings them into tech side of of marijuana.

4. 2018 will be the year of weed the sector as a whole will rally this is extremely depressed and has a history of huge runs that put the current to shame still.

5. those previous runs had far less real facts behind them meaning this could be larger.

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