Replies to post #10045 on American Cannabis Company Inc (AMMJ)

[sleekscape]

If this is your first stock, you are going to get very spoiled very quickly.

You might want to stop investing after this one.

It will be tough to top.

Maybe you will be able to retire.

As for the price, $4-$5 is my own estimate.

What's to stop it from going higher than that?

Nothing.

The share structure here is a thing of beauty.

Tangiers started out with 3M shares and I think they have sold about 30%-35% of them so far.

Once they are out of the stock, the only thing that might slow it down is if AMMJ starts using the S-1 equity credit line --- but they can't do that until it goes effective per the SEC.

This one might just be the single best pick in the entire sector.

Congrats on your fine choice of pot stocks,
Sleek

[TheParagonian]

Whereas his opinion is $4-5, mine is $1.50-3. All we can do is make an estimated guess based on the past and the variables at hand. But my main point to you is: I've seen people have a successful first investment in the stock market and then think they can get away with whatever investments they want later and succeed no matter what (they didn't). Always remember to study whatever company/industry you're going to invest in. And keep up to date with current political events that may impact your investments.

Do that and you should stay ahead of the game. You might be surprised how many people don't do those basic things.

Also, whatever the high point will be, I see no reason for AMMJ to not continue an uptrend leading up to and (at least) slightly past the marijuana elections. Depending on which States approve marijuana legalization, we will see a very large influx of investors in the next couple months (if not longer). Anyone who buys/holds until then will certainly be better off. We'll break a dollar.