InvestorsHub Logo
Followers 0
Posts 2562
Boards Moderated 1
Alias Born 11/16/2004

Re: investor_11 post# 40095

Monday, 03/24/2014 10:24:02 PM

Monday, March 24, 2014 10:24:02 PM

Post# of 76488
I think the hype here was that the CEO was going out to Co. to get MJ growers on board for the product - that they aren't even producing.

And I disagree. Is this company legit? Time will tell. But you can find a ton of penny stocks playing this game - "partnering" with experts; "networking" with this and that firm. All you have to do is take note of the vagueness of the PR's these guys use and it should give you pause.

But let's be honest...there are very few "long" investors in these things. The overwhelming majority are in it for a flip; the others are using it for a lottery ticket - throw down a grand or two and hope it shoots up over time. Neither is wrong, but the flippers, market makers, and companies that turn on the printing press are usually the winners.