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Medical Marijuana, Inc. Message Board

civldx 3 posts  |  Last Activity: Feb 17, 2014 10:25 PM Member since: Feb 13, 2013
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  • Quarterly reports by definition come out once a quarter, four times a year. March just so happens to be the end of the first quarter of 2014. This is where all the recent news and pr comes into play. When KGET's earnings report shows that the significant increase in revenue from the first shipments of pellets, it will prove the legitimacy of the contracts and make that .28 pps valuation a breeze to reach.

    MM's are professionals when it comes to playing the market based on quarterly reports. They made some good money buying off the original hype and selling, and have slowly been chipping away at the pps over the last couple of weeks anticipating this report. In a short time they will buy back in and hold. We'll see a slow increase in price per share when this happens as there won't be as many shares floating around to buy. Low suppply + high demand = increased in prices (econ. 101).

    Some MMs may get out at this point and be happy with their 30% gains. The sharks will wait until the reports are released and play the 500% jump in pps just like last month. Naturally 500% gains draw attention to a stock. The following day we'll see a small surge in price, then the MM sharks getting out and scaring all the weak hands into selling too. This starts the whole process all over again. Wash. Rinse. Repeat.

    However, it is possible to combat this by gaining some common sense and holding this stock. If weak hands aren't selling their share, there's no room for manipulation to occur, and again we'll see even higher pps with low supply and high demand. Eventually people won't have to deal with this #$%$ anymore as the company continues to prove it's legitimacy, share prices increase, and nobody is willing to sell.

    Too long, didn't read;
    Buy tomorrow before March's quarterly report. Hold your shares to decrease supply, increase demand, and raise share prices.

    Sentiment: Strong Buy

  • civldx@gmail.com civldx Feb 17, 2014 10:24 PM Flag

    It was true at the time on 12/13/2013. However, in order to ship their new pellet orders overseas and to avoid taking out loans and paying interest, they authorized more shares to cover the costs. It's actually a good thing.

    Sentiment: Strong Buy

  • civldx@gmail.com civldx Jan 22, 2014 11:41 PM Flag

    I also received the email. Mcharest...you are uncharacteristically quiet right now. Where did you go? Has all this good news scared you away?

    Sentiment: Strong Buy

MJNA
0.215+0.037(+20.79%)Apr 17 3:59 PMEDT

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