<<<<<<<<<If no gift announcement on monday morning i think this will consolidate in the 10s>>>>>>>>
I certainly doubt there will be a GIFT announcement on Monday morning for several reasons. There could very well be mention of the program on the interview on Monday night but I don’t expect a lot of specifics or names.
As far as this consolidating in the 0.10’s I won’t be holding my breath. On Friday if you watched the level II activity you know there was heavy downward pressure on this all day long. They threw up walls of 400K to 1M most of the day and they still only ended up down 1.5%. This was on a Friday when you normally have profit taking and traders pulling their money out.
If Rob Hunt tips his hand at all and says anything positive about the kiosk/GIFT program on the interview Monday night at 7:00 pm EST this thing could easily jump to 0.13 on Tuesday and keep running.
We are way to close to Jan 1 and legalization with too many positive irons in the fire for a lot of people to sell. Like I said earlier, they threw everything they had at it on Friday and it held very well.
If anything I wouldn’t be surprised to see people buying on Monday ahead of the interview. JMHO
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