InvestorsHub Logo
Followers 8
Posts 378
Boards Moderated 0
Alias Born 02/06/2013

Re: tobias14 post# 27598

Thursday, 03/20/2014 5:24:25 PM

Thursday, March 20, 2014 5:24:25 PM

Post# of 58021
If you look at the charts of the major players that had sustainable runs over a penny it will be clear. The charts are almost identical.
And this is the OTC. These companies are share selling mechanisms. The few with any real products (in substantial production and not prototypes just for show) rarely make nearly as much money as they do selling stock every day through convertible notes and other arrangements to sell shares.

None of this is real. It doesn't matter the pr's or any of that other stuff. The pr's only happen after insiders, their cronies, bankers and their preferred clients frontload the shares, so they can be sold to retail buyers who sit around waiting for the next company to believe in. Pr's are only a sign that there is a move already set up a month or months in advance or they are drumming up interest with a few fluff pr's and building a base for the real run, it's an attention pop to prove to the finance banks that their stock is worth peddling or that they are trying to short people on the back end while convincing the others to keep holding their bags. It means nothing at all.

It just so happens that with this mj craze these companies might be actually able to turn a profit. It doesn't mean they're gonna change their basic hustle. Give up their bread and butter. And that's if the financial institutions would let them.

Wide consolodation across the market, especially mj, it's about over, new pr's pumps and dumps to start back about now. That's what I'm saying.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.