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Re: STOCKPICKER4LIFE post# 29

Friday, 01/27/2023 11:01:17 AM

Friday, January 27, 2023 11:01:17 AM

Post# of 106
This was the heyday of Pineapple Express (1.0), from September 2015 to April 2016. No other trading time period really matters much as the name change to Pineapple Express was around September 21st 2015 and the suspension was April 28th 2016, so anything before that was a different company and anything after that had a CE on it and could not really be traded much.

During this time period a lot of news and shareholder updates were released. So for about the first 4 months the stock was quite illiquid, trading in the $1 - $2 range, very minimal volume. Then in Jan '16 you see volume start to pick up and climbs into the $3 -$11 dollar range and is pretty stable for about 3 months.....IMO this was probably the beginning of some sort of awareness generation or promotion but to me there are different types of 'promos'....there are awareness campaigns and there are p&ds, the chart does not look like a p&d to me at this point.

In late March/early April, there is an explosion in volume and pps, a couple of the days are over $1M in dollar volume, the day it hits $42+ is $2M+ dollar volume day, this is more your typical looking promo or possibly some social media pumpers ran it. I'd imagine a lot of people on social media were pumping the Medbox run to $200+ so that could have caused the spike as well.

On April 3rd it gets a CE(after it hits $1 Billion dollar MC) and there is a big pps correction back down to $12 or so, then stabilizes for a couple more weeks around $15 - $20 until the suspension on April 28th 2016 then drops off hard back down to $1 and below.