![](https://investorshub.advfn.com/uicon/686770.png?cb=1603519001)
Wednesday, January 09, 2019 11:58:50 AM
---------------------------------
USMJ - SHORT SQUEEZE ALERT With Bullish Rating and Reported As Most Shorted Stock By To REGSHO Data
New York, NY -- January 9, 2019 -- InvestorsHub NewsWire -- North American Cannabis Holdings, Inc. (USOTC:USMJ) current PPS at $0.0008 x $0.0009 (as of the writing of this report) presents an entry point opportunity for a potential near term double or better. The PPS reached $0.0015 with a substantial trading volume over $0.001. At the same time, the short volume collected in FINRA’s REGSHO data and reported by OTCShortReport puts USMJ on the most shorted OTC stocks list. USMJ has also consistently been rated BULLISH by Stock Technical Analysis (Stockta.com). Even now, with the PPS price dip, the Long-Term Rating remains BULLISH. It appears an overly optimistic bear has shorted and may have overestimated the opportunity to pick up low-priced stock. A short cover, combined with USMJ’s ongoing business progress to include a soon-to-be launched cannabis e-commerce site and a shareholder dividend distribution, and the PPS can reasonably rocket back to the recent $0.0015 level and potentially go even higher. A near term $0.002 does not seem unreasonable and a longer term $0.005 within the first quarter could be possible.
-------------------------------
Looking good! This is what I thought it takes a long time to build an expensive eCommerce Website! It's about to be launch pretty soon!
FEATURED BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • Jul 2, 2024 7:19 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM