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Re: eik post# 4186

Thursday, 02/20/2014 11:56:15 AM

Thursday, February 20, 2014 11:56:15 AM

Post# of 6413
I completely agree with you on all of those points. That being said, the company's market cap is under $2mm so I don't expect them to be a big player in the gold game. At least not until their stock price rises and they accumulate more funding.

This is one of those company's where I care more about the technicals/PPS than I do about the fundamentals. This stock is prone to big spikes followed by gradual declines. When the initial MMJ PR was released, the stock went up to .08, and that was probably because of the low float. PRs can work wonders for a stock like this. If it doesn't move on the next PR, I am out. But, for now, It just seems like a bunch of people panic selling over the current PPS. I'm not playing that game. Let the emotional investors sell. Maybe they are right for selling, but that's not how I trade.

I hate getting stuck holding these kinds of stocks, but you reap what you sow, and I made the trade. I planned to be out by now. Luckily, I'm not holding too much.

Trying to stay unbiased, so iHub can be a source for quality information that helps others invest wisely, instead of a place for people to try to manipulate stock prices.

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