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KoolAid-Drunk

04/06/18 7:42 PM

#407 RE: Magna300 #406

2017 has nothing to do with anything. They had a loss in Q3 then sold 800k shares in one day in November. Come on do some research.

Don't be an idiot people. Profits appear to be coming and they show it. You want pump and dump go buy cannabis stock.

I read all these comments and nonsense. No one has any patience on here. Guys, women, whatever you are, this is a medium and long term hold, meaning 6-24 months. Nothing wrong with that. The foundation is being laid (unlike some of you who haven't been in years). Don't be short sided or short minded.

The otc is all about supply and demand. There is more supply than demand right now. If you are smart, you would be buying more (I am) this is a steal. Reality anything under .70 is amazing. I saw in a recent video that as profits start to produce they will consider paying a dividend. I mean who says that for no reason.

Before posting do more research and don't assume. It's make an ass out you and me.
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MikeyInTheD

04/06/18 8:17 PM

#408 RE: Magna300 #406

I was expecting .35 to be a level we could hit in the short term. With the continued move lower I think that level looks more like .30 now.

The .70 is a price I think they could reach and hold in 12-18 months. That assumes management can deliver on even a couple of their announced plans and revenue streams.

We are sitting in no-mans land here. It could drop another 75% if no real news and revenues come out. These fluff pieces aren’t helping gain traction on press or coverage. We need a quick jump closer to the .30 level or we could see the stock bottoming out in Q3/4 around .02-.03. Management must give people a reason to buy at these levels. The light volume does help because any positive news will add massive volume and there aren’t many sellers between .10 and .30.