Posted On: 08/28/2014 1:07:32 AM
Post# of 56323
AB valuation reeks of amateurism. Please, don't anyone take this guy seriously. I said back in June, July that look for license in September. We are almost there. I have forecast PPS on numerous occasions and often have done so weeks in advance. Those of you who have been watching know how accurate I have been. For the guy that blasted Claytrader, I suggest you take his course ...maybe you would learn something. Do you really think that his projection is a call to short...what ignorance! Do yourself a favor. Please take the time to learn the fundamentals of TA. I recommend you take claytraders robotics trading course.
Look to the future.
1. FITX will get it's license (possibly two of them) in September.
2. A merger with RXMB will be catalyst to uplist and will likely occur within the first or second quarter of 2015 This is because there will be many things happening after licenses for company operations which will consume a lot of time. Mergers take a lot of time, money and effort. (My opinion)
3. Meanwhile, I suspect that FITX is currently growing a very small control test crop.(not to sell but to use for quality control testing)
4.Hemp will be a BIG play but will take longer as it will be necessary to acquire land (buy or lease) as well as a possible JV with a company for advanced technology to maximize CBD oil extracts (anyone watching the DSCR JV here)?
5. Things to consider: MJX will soon be be trading on NASDAQ as the first publicly traded Registered Investment Company dedicated exclusively to financing and making venture investments in the legal marijuana industry. A logical question here......what company is best positioned within the MMJ sector? Who do you think will want to load up on FITX and on other companies in this sector? Just food for thought. My point is this. While FITX is likely to depend on the market interest to sell shares there are big players coming into the market. If FITX becomes one of the MJXV indexed funds the PPS is likely to climb rapidly. I have previously estimated .79 PPS and still believe we will see this occurring within the next year or less.
Use dips to buy,
Identify trend top and bottoms
Look for confirmations when buying
I have seen a number of posts here by Picon, Budwiser and more that are IMO, accurate and well thought out. Nice work guys.
Look to the future.
1. FITX will get it's license (possibly two of them) in September.
2. A merger with RXMB will be catalyst to uplist and will likely occur within the first or second quarter of 2015 This is because there will be many things happening after licenses for company operations which will consume a lot of time. Mergers take a lot of time, money and effort. (My opinion)
3. Meanwhile, I suspect that FITX is currently growing a very small control test crop.(not to sell but to use for quality control testing)
4.Hemp will be a BIG play but will take longer as it will be necessary to acquire land (buy or lease) as well as a possible JV with a company for advanced technology to maximize CBD oil extracts (anyone watching the DSCR JV here)?
5. Things to consider: MJX will soon be be trading on NASDAQ as the first publicly traded Registered Investment Company dedicated exclusively to financing and making venture investments in the legal marijuana industry. A logical question here......what company is best positioned within the MMJ sector? Who do you think will want to load up on FITX and on other companies in this sector? Just food for thought. My point is this. While FITX is likely to depend on the market interest to sell shares there are big players coming into the market. If FITX becomes one of the MJXV indexed funds the PPS is likely to climb rapidly. I have previously estimated .79 PPS and still believe we will see this occurring within the next year or less.
Use dips to buy,
Identify trend top and bottoms
Look for confirmations when buying
I have seen a number of posts here by Picon, Budwiser and more that are IMO, accurate and well thought out. Nice work guys.
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