nopancakemix good description of both of those companies. MCIG AS 600mil lowered from 1 bil. The AS is the indicator of potential for dilution. The float checked at 125 mil on Oct 14th and 125 mil on Nov 25th. Well get another TA report in about a week. What matters is the float is not changing. This tells us whether its being diluted and how fast.
PHOT was diluting at about 55 mil per month 2 qtrs ago, 30 mil per month last qrt.
In comparison MJNA float is about 950 mil by now, that why it lays there like a sick dying pig that it is. I'm surprised they haven't announced the rs yet.
There is lots of money wanting to invest in this sector. All of these companies know that and most are selling shares as fast as they can while they can.
PHOT depends on massive volume and promo to keep the train rolling. MCIG is slowly and steadily climbing. The buy volume is increasing but the float isn't. As long as that continues the price will continue higher.
what this sector needs is one play that is non diluted, profitable and allows you to invest in many companies in one stock.
Would you be interested in that?
News 
Market Data 
Discover 
AI
