Only confirmed one thing to me, FITX is very good at "protect "/promote the stock.
It is a very long interview with a lot of "meat" hang in front of the investors but no details. The trick is " quite period" assume something big. However regarding the globe article it either use some excuses like all CEO sell stocks or avoid direct answer by saying something " after three months" etc..
Bottomline, they need to do ome damage control but reality is thst they is not much they can do. The key point from the globe article " without a product, without license " is the fact. No CEO in the world like CEO of FITX keeps selling its own company stock 20, 30,40 times all the way to the near 52 week low price. Actually one MJ company, MCI$ its CEO haven't sold single shares, instead he " contributed" million shares to the company to avoid dilution.
Sounds good. The question is what is the time line? See no news one month, what would the share price?
Why so many LOL? "all we Need is licenses"
So it is true the fact / reality is that company with multiple million valuation still " without a product, without license"
Company did made multiple million dollar profits, wait...
Sorry I mean company CEO did make millions by selling how many times? 1, 2, .. 10, 20 , ... Times.
The last shares sold near current price, company's CEO not want shares at current price, that is NOTHING.
It is hard to read new post from old thread. Yahoo MB design should highlight the latest post.
Anyway, Looks like 2015 will be better year. What would be the first sign/ progress to confirm it? 1st Qr revenue should be?
Technically PPS showed sign of the life, need to break $3.01 which is Also 50 MA to confirm the uptrend.
IMO, best time to load is EOY or PPS up to $3 with big volume.
so tell us where it is going by EOY?
Don't say not care about short term , if ONCS back to $.30s and you can make right decision, that means you can increase your position 10-20% FREE
So the key here is not revenue but profit margin. Why coupl of years ago company lost money with 100 million revenue/ Qr ?
The reason this time it will be different is because ?
Avi, you missed point here,
This is not health competition product, it is anti smoking for fun product. And most importantly there are people like it someone spent $350000 on it. As long as trend keeps going , it is good business, isn't it?
Can you name a better otc stock except MCIG ?
Well, I called low $40s when it was around .50-60s not long time ago and got a lot of thumb down. After small bounce up I also said recent low is not low for the year and expect $30s if no partner or buyout news ( what is the chance for that, 1%?).
But $.25? No bad news no chance
Total agree. Only on suggestion, change "when Merck .." to IF.
The reality? No buyout, new low is coming
Price Looks right but timing little too early. Market in general needs correction, wondering this year or early next year.
There is no wrong or right, just play th game. Timing is everything. I called low $ .40s couple f days ago and no body lik it. Now I am going to say stock my bounce little but today's low is no low by end of the year. Just not sure low $.30 or high $.30s.
Avi, can you try you best , I plan to load MCIG at the end of th year, what is the best you can do?
Seems you quietly raises your target several hundred percents and no mention $.003 anymore. Anything to back up your reevaluation?
BTW, you have a lot knowledge of stock , which is your favor stock? No one? U r here just to tell th truth and help people ? LOL
Price down from $.30 to $.17 not necessary mean the statement is incorrect, It could also suggest current price is cheap.
The date when vcig can be traded, it will privde much more info where MCIG should be. Take two things to consider, one, roughly MCIG price is about 5 times higher than vcig ( that is original design anyway). Two, since MCIG own almost 50% vcig, just divided the market Cap of vcig by 2, that would be additional cash for MCIG.
So back to the subject, three Ps or not, I like the stock at current price but not the timing. I will load at the end of th year when tax selling is done.