Totally agree with this post.
Post# of 990
balamidas Saturday, 02/01/14 12:58:49 AM
Re: None
Post # of 22944
this is why HEMP is going to run : HEMP is showing among the Top 3 MJ Plays in volume in the MJ sector over this weekend
i mean plays with volume over 10 million $ in volume thus plays in the hands of Big money ( Institutional one )
If you we look at the actual market cap and the highest one reached we will get to see that :
MJNA market cap is now in the 300 million range $ (MJNA traded as high as 450 million in market cap when it went to 0.47)
PHOT market Cap is now almost 250 million $ (PHOT traded as high 350 million$ in market cap when it went to 0.46)
while HEMP is still at 151 million $ Market Cap now near its highest market cap lately achieved (friday)!!!
Big money started pouring in HEMP Friday and apparently they decided to take Hemp to the next level to meet with the 2 others
HEMP is likely to move to 0.15-0.25 to meet its 2 other MJ sisters in market Cap soon
0.15 is a historical high for the stock that will lead into a major breakout toward that 0.25 mark
HEMP is still the most undervalued one with a very bullish Chart
and is ready to bring three white soldiers that will get HEMP to the targeted levels above
here we are talking about the short term appreciation only that will restore the balance between the 3 plays in the eyes of the market
Higher market caps will be discussed later
Ps: we have the right trigger next week to achieve that
Farm Bill is going at the senate Monday pm that will be a game changer one for the sector
MJ plays are expected to heat Monday /Tuesday in a strong way