As you may recall all marijuana stocks went up late Dec early Jan... This one ran up Feb due to a pumping and e-mail alert sent by a pennystock website. It's had "so called big news" since than and acquisitions as well. This stock, CEO and company as a whole is a scam and I would not buy into it! Others on this board may try and steer you another way... One being the moderator and the others bought in at the highs and keep cost avg down so they are trapped and of course they will try and pump it... Only way it goes back up is if it is pumped again. If you really want to get in wait for much lower levels cause they will be coming soon! Don't try and catch a falling knife!
Thanks for stopping by Magicmk. The stock ran shortly after the announcement of SING getting into the MMJ space. Since then the volume has been significantly lower and you see MM style action such as the $20 + sale posted about earlier today. From what we know share structure changes have been minimal in 2014
After the initial excitement of announcing they are getting into the Space, they have navigated through actually getting into the space. The GreenStar acquisition and RedFynn PR's are evidence of the plan in progress.
Q3 due by Nov 15th. Should get more detail on how things are going with execution of the plan.
SING could certainly use more eyes on the stock. I have a long term perspective and don't hang on to the tics of the day. It seem accumulation is going on here and many items on deck.
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