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Re: Gittes post# 62746

Monday, 02/24/2014 2:55:22 AM

Monday, February 24, 2014 2:55:22 AM

Post# of 263707
I've not seen it (personally) with weed stocks, but given the float (which, in my view, was well thought out by both management and off-shore investor), and the attention this is getting, plus, if a good PR comes out, then it is very possible. Although, it would not be sustainable. That's a pure momentum day. It would settle back, and wait for more news as the weeks, months, go by. Everything depends on the company. If they want this at a dollar in a month, they can get it there easily with this float and hold it there for as long as they want to, and they will eventually do just that because of said $3,000,000. And, I don't think waiting a year is on their agenda.
IMO---of course, as of this minute, which, may change, but, I hope not.