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Re: PennyPerser post# 5587

Thursday, 02/13/2014 10:12:07 AM

Thursday, February 13, 2014 10:12:07 AM

Post# of 55001
What is the point in telegraphing your
anticipated sale of 10k shares?...

If I'm a buyer...I would wait for you to post your sale or let the bid drop while waiting for your unloading...

If I am a seller I would run to sell before you do ...which would drive price down....

in either case ...puts pressure on the price...so what's the point? asking permission here or reaction as to whether is a "smart move"?

OK..here it is....personally...IMHO...its dumb thing to do (and move).

Why?

...on the first point of "telegraphing"...just plain foolish (and I am being "kind" using "foolish)...unless of course you are trying to drive it down to buy more.

...on a fundamental basis, XXII on verge of uplisting which could spike it to $4 or more and with Van's commentary on Med Marijuana...IMHO where there is "smoke" (Van's comments), there is fire!

I would look for an announcement of either they have put Marijuana into their labs, or already produced a plant with low carcinogens...for Med Use...(how much is that worth for the "hot" crowd?...probably $2-3 points on the hype and $1 fundamentally). So IMHO...in the next couple of weeks, we could see $5 to $7...if we get uplisting plus "whiff" of Marijuana involvement.
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