Posted On: 05/20/2014 10:39:36 AM
Post# of 56324
Seriously not even considering an order until sub-penny...which at present rate, will be next Tuesday.
The government REALLY does not want to see anything happen with MJ, the SEC and government stopping at nothing to halt it is amazing, including destroying the sector, unless it is Big Pharm having discussions with the politicians they own and ordering them to put pressure on SEC to crush the sector before it starts.
I am long FITX believe it or not, but I highly recommend NOBODY buys right now, there is zero chance of a license by Friday, then markets closed for 3 days with Memorial Day incoming. So Friday will see a major selloff to take profits over holiday....as normal. Why purchase at 0.05 when you can grab it at 0.01 or lower. Tomorrow this kisses 4 cents, then Thursday we will fully be at 4 cents, Friday we kiss 3 cents, and afternoon, we drop to high 2 cents if not 1 cent. That is my prediction.
At this point I say buy a cheap company who HAS a license....
The government REALLY does not want to see anything happen with MJ, the SEC and government stopping at nothing to halt it is amazing, including destroying the sector, unless it is Big Pharm having discussions with the politicians they own and ordering them to put pressure on SEC to crush the sector before it starts.
I am long FITX believe it or not, but I highly recommend NOBODY buys right now, there is zero chance of a license by Friday, then markets closed for 3 days with Memorial Day incoming. So Friday will see a major selloff to take profits over holiday....as normal. Why purchase at 0.05 when you can grab it at 0.01 or lower. Tomorrow this kisses 4 cents, then Thursday we will fully be at 4 cents, Friday we kiss 3 cents, and afternoon, we drop to high 2 cents if not 1 cent. That is my prediction.
At this point I say buy a cheap company who HAS a license....
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