DrazCanna Inc (DZCA)

[Tobias Express]

There has indeed been a lack of volume lately. The good news is that the PPS is dropping on low volume. As a low floater any volume increase can move the PPS quickly as we saw with the last run up. My strategy on this one is two sided. I will take 1/2 a position when this looks like it is back to a new base low. IMO the current PPS of around $0.60 is setting up nice for an entry point on that front, so I am a buyer at these prices. Once the volume picks up and this starts another run, then I will add another 1/2 position at a higher PPS. This should get me to a nice average price. IMO this will be going higher. There are indications on the TA that there could be a bounce soon as it is looking to be getting oversold. Of course news trumps all and any good news could really get this moving again. With this one I have also been selling 1/2 my position around the peak of any run ups and hold a core position for long term. I feel this will be a big stock on a long term basis.