Farview, I entered MCOA this morning at .0290...
I found them about two weeks ago and have been waiting for the right time to start buying. Today’s PR got me off the fence.
Price action is very similar to HEMP’s (chart movements almost identical), so it correlates highly with legislative advancement and positive news.
Price has suffered recently because their CFO recently resigned and sold about 20% of his 100MM shares. This fueled the already present downward pressure that the whole sector saw in late July, but she now appears to have finally found a bottom.
Lower float, so she can move quickly.
Also, the company seems a little more diversified with a footprint in both hemp and marijuana.
Additionally, this company isn’t potentially vulnerable to the “felon amendment” that has recently come along.
Seems to have all the upside of HEMP, but with less downside.
Good luck.
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