Posted On: 03/30/2015 11:38:06 AM
Post# of 1231
Beliceno, the medical grade container is interesting because it appears it might be undetectable by drug sniffing dogs. Perhaps even airlines might past MJ in these containers?
ACOL is down today and appears to be on a downward trend that may end up around its lower limit. ACOL has 6 billion shares authorized and 4.5 billion shares outstanding --- although high, this number of shares is not unusual for the MJ industry.
IMO, ACOL might be a worthwhile gamble if you can pick up shares at or near its bottom range. Shares picked up at the low have a better chance of appreciating in value. ACOL just had a reverse split last year so that should provide a degree of safety from another R/S, but one must be careful if one is considering a long term hold. MJ has been volatile of late, but if you can pick up shares at the low, you could have a winner here.
ACOL is down today and appears to be on a downward trend that may end up around its lower limit. ACOL has 6 billion shares authorized and 4.5 billion shares outstanding --- although high, this number of shares is not unusual for the MJ industry.
IMO, ACOL might be a worthwhile gamble if you can pick up shares at or near its bottom range. Shares picked up at the low have a better chance of appreciating in value. ACOL just had a reverse split last year so that should provide a degree of safety from another R/S, but one must be careful if one is considering a long term hold. MJ has been volatile of late, but if you can pick up shares at the low, you could have a winner here.
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