InvestorsHub Logo
Followers 39
Posts 12251
Boards Moderated 0
Alias Born 07/05/2006

Re: simmons420 post# 77224

Sunday, 02/09/2014 11:31:30 AM

Sunday, February 09, 2014 11:31:30 AM

Post# of 194796
simmons.....I've been in and out of this 2 times.....and, made money.....

I'm waiting to jump back in.....but not yet....

the reason.....IMO, this run is based on hype and anticipation (good for making money).....but, the larger point, IMO, is that as the PPS moves upward the more the financials play a part in the PPS.....and, as we know, FITX has no weed revenue and a ton of debt....

bottom line.....IMO....we'll see a substantial downward correction as financials are revealed in the months ahead...

later upward movement will occur as production and sales begin....

as I see it now, this is way way overvalued....3 cents is more like reality.....

and, when this hype bubble bursts, I think it will slide back to the 3-4 cent level.....that's when I'll jump back in....