The share structure may be keeping new investors from investing. I don’t know this and don’t have an opinion. I also still think the stock is being manipulated and shorted. Some say the spread between the bid and ask isn’t a good indicator. In some case that may be true but with the volume we are seeing someone or several someone’s are. Again my opinion.
One day the spread looks much better. The day before it didn’t. The day after it looks better it goes back to two days before.
The management has and continues to provide solid PRs. No fluff. Revenue from sales continues to come in. We will have a clear picture once we see Q4 2017.
Patience is needed here. The mj sector is going to start heating up again here before the end of Feb. Many things that will provide catalyst are coming in the next few months. These will be long term catalyst and I’m hoping it will provide SCNA with a much more solid base and volume increases.
All my opinion. As always... Your money and your investments. You need to what’s right for you.
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