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Re: ironguts post# 12779

Friday, 07/13/2018 1:54:05 PM

Friday, July 13, 2018 1:54:05 PM

Post# of 53172
All indicators are pretty much useless right now, you can't rely on charts right now to predict the share price. It can go up or down, low volume times mean it can easily be manipulated with a small dollar amount either direction. There's good bid support because those who care to know know the financials are complete as per the last 8k. Everybody knows they are realizing bizright revenues which are 30m+ annual. In my opininion without big sellers coming in, it will stay flat.

Also, looking at a couple of your recent posts, hope you realize the entire MJ sector has been in a downtrend all year long. We had 90% down or flat days, 10% up. Most OTC stocks have been suffering, especially since summer hit. Summer is historically low volume, and low volume means volatility and/or manipulation.

When fins come out, share price will go up. However, it seems they will be released during summer, most likely this month. There won't be a lot of people watching for the fins, and volume will still be relatively low, so I'm expecting a slower rise in share price than if the fins were released in May or October. But in October, I think our share price here will be over .50, with big volume coming in for the sector it could spike short term .60-1.00 by November
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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