I've had a sell order open forever but the price never hits. I'm not asking that much but nobody wants this POS.
It's a historical fact. MCIG announced their intention to spin out VCIG... down. And months later there is still no stock dividend. AJAC announces they will spin-off Charge Energy as a stock dividend.... down. Now PMCM is dangling the music spinoff and look where it is... down. I'm sick of these stupid spin-off announcements, they are a trick to make you hold on as the stock tanks for months.
MJLB has a negative EPS that is over three times the size of the share price. Their business description says they "intend to test"... In other words, they are nothing more than a business plan. I'm not recommending other lab testing plays either, like CANL, ATTBF, & RIGH, but they all look way better than this shadiness.
Sentiment: Strong Sell
It's either a total pump-and-dump scam or the next TASR. Shareholders will make a fortune if the technology works and Big Brother adopts it. But they are in the prototype development stage and don't expect a marketable product for 12 -18 months. There is very little financial information available. Where is the balance sheet? With so little to go on, I can only think about gambling with a mini-position, nothing serious.
Please don't insult the customers. I'm trying to flip this biotch again, too.
I'll ride it all the way down as this was gambling money for me. At this point, I might even place another small bet.
I'm wondering if I should bother with it or just wait for the 3.0. I don't really have a problem with my 2.0, though. I know some people hate how you have to press the button so many times to cycle through the heat settings but it doesn't really bother me.
It hurts but you gotta suck it up and try to come back. Listen to cj. Save more money and diversify. And don't take big positions at once. Average in over time!
Diego Pellicer got their WA license but it did nothing for PLPL stock price. It was very disappointing. But I'm guessing they can't risk using it until federal law changes. Isn't that the case for all publicly traded companies? Why should we expect USEI to start selling before federal law changes? All these public companies applying for various state cannabis licenses are just going through the motions right now. They are positioning themselves ahead of time hoping laws change. I wouldn't expect actual pot sales until USA legalizes.
Market cap according to
Yahoo finance: The page shows 11.88K as it is loading then switches to 0.00.
Google finance: $89,256
TD Ameritrade: $89.3K
Even the highest number is alarmingly low. A market cap of $111K? They do more than that in revenue in one quarter. I'm guessing the rest of the 950 million authorized shares have something to do with it.
There is no need for waterproof cameras when you can just get underwater housing for any regular camera.
Some of us want to invest in cannabis without having to invest in all those awful rappers . I will dump the ESMG shares as soon as they appear in my account.
I guess it hasn't been quite a year. See my post from November 4, 2013. I was here way before you were hired to bash this stock. I don't know why you pointed out last year's revenues when the mCig product didn't even come out until 4th quarter of 2013. Here are the revenues for the last four quarters, newest to oldest: $259K, 85K, 13K, 13K. Note that they were doing 13K per quarter and then the mCig came out and revenues spiked. You conveniently point out old numbers from last year and ignore that they most recently did the $259K in just one quarter. I wonder what they will report for the next quarter... care to speculate?
I don't know if I'm a pumper because I've sold 60% of my original position (at a nice profit) but I believe this company has a solid future. They're not going bankrupt. The story looks way better than it did a year ago. Sales have been rapidly increasing, marketing efforts are expanding, the product has improved, the company has expanded its product line, announced the intended VCIG dividend, and obtained celebrity endorsements. Cannabis laws will continue to change allowing for an even bigger market for vaporizers. If MCIG was a buy a year ago at .10, it would most certainly be a strong buy at that price today. But since their story has improved so much I wouldn't hold out for such a bargain again. Low teens = strong buy!