Posted On: 05/01/2015 11:08:17 AM
Post# of 75076
While we might see prices go into 30 cent range again on new news, I don't expect much higher support until the earnings reports. That's what is needed to start attracting bigger investors and push this thing towards breaking out of penny stock territory.
Most investors won't touch a non-reporting company with a ten-foot pole, so it's flying way under Wallstreet's RADAR.
But unlike many of the dangerous penny stocks that may have no intention of keeping their promises, we already have a product we can hold in our hands. OTC Markets suspected wrongdoing, slapped them with Caveat Emptor, and THCZ proved them wrong. We know they intend to become fully-reporting. We know they intend to move out of the OTC market. We know they're teamed with RHINO marketing. And we know there are future products yet to be released. One of which we'll probably be able to buy before the weekend is over.
The rocket is being trucked out to the launchpad as we speak. All that matters now is the timing. The earnings will likely be what makes or breaks this. Until then, don't expect too much.
Most investors won't touch a non-reporting company with a ten-foot pole, so it's flying way under Wallstreet's RADAR.
But unlike many of the dangerous penny stocks that may have no intention of keeping their promises, we already have a product we can hold in our hands. OTC Markets suspected wrongdoing, slapped them with Caveat Emptor, and THCZ proved them wrong. We know they intend to become fully-reporting. We know they intend to move out of the OTC market. We know they're teamed with RHINO marketing. And we know there are future products yet to be released. One of which we'll probably be able to buy before the weekend is over.
The rocket is being trucked out to the launchpad as we speak. All that matters now is the timing. The earnings will likely be what makes or breaks this. Until then, don't expect too much.
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