Medican Enterprises Inc (MDCN)

[johnboy6]

I'm very encouraged by the communication we're getting from the CEO on twitter, and the news that they have obtained numerous properties on-the-cheap through online auctions. Presumably they will clean these up, do any necessary repairs/renovations and then sell or rent them for big profit. I know that they really need to get current and that is a real overhang, but look at what it's trading at. When considering whether to buy a stock or not, I look at what I perceive to be the overall risk/reward ratio, and by that measure I really like MDCN. The fact that we are getting updates from them makes me more confident that they will be good to their word on getting current.