Im excited about the sector too, but i can read a balance sheet and again, these are not listed……THEY ARE ALL SCAMS. I looked at all these deals, last year and made money, walked away. Again this yr. These are trades, that are pumped, dumped and then diluted. MJNA is my favorite, thats is the funniest deal i have even seen, in my entire life.
How is MJNA supposed to sell 2 shares of CANV without pushing it down back to 5 bucks or lower? Sure they are gonna sell millions and millions of shares, at 35…….. Do you sell, what you smoke?
Went it got over 40 cents that was your mulligan, but you didn't sell, you probably bought more. You will ride this to 0 and never get what went wrong. TRTC has no desire to be real. They use stock certs to pay for everything. Right now the CEO is snorting coke and using certs as the straw.
They use stock certs to pay the rent. This deal is a scam, and I've been saying it since last Feb!
they pumped it…….they dumped it……now the bag holders will get nasty.
Ive traded all of em, in the past year but I used this strength to tie up any loose ends i left on the table last year.
I would short MJNA is I could locate a borrow.
this entire sector will pop and leave more bag holders than last year. whatever gets made on the way up, you pinky traders will give back twice as much or more, on the way back down. all of these plays are scams. I looked real hard last year and not one name is legit. MJNA, CBIS, TRTC, HEMP, CANV, and the rest are straight up dilution, pump and dump, scams. it is surreal people get played like this over and over and over, but people that trade these pink sheets are stupid.
i forgot about 5000 shares, from 12 months ago. Yesterday I noticed I actually still had some and put a the limit at 40 and got filled.
the space is bouncing again, but the music stops and there will bag holders all over the place, just like last year.
i love stocks and weed, but i have been at this 20 years. I sadly can't find one real name in this sector. Everyone is a dilutive piece of junk. This will go back to a nickel, this yr. maybe it hits a buck first, maybe it doesn#$%$ a lottery ticket run by people using stock certs to pay the rent.
40 cents is monster resistance, if it gets near there, sell it. This is a scam and a dilutive POS that has no desire to succeed.