Pretty straight-forward explanation for today. No
Post# of 11899
Pretty straight-forward explanation for today.
No corp developments or news = No buying interest = Low volume = PPS lower
There were many on the boards in the last couple of days talking about Cheryl's mention to watch between Monday and Wednesday, but I think her statement was taken too far and blown out of proportion because she replied to a tweet curious about a possible 10K update. Just my own opinion but I think she may have just meant for us to watch what was becoming public info over those few days because what we did see was info come out about her new designer vapes and the direction she is going with MCM. I think people took her reply the wrong way as if to suggest that corp news (update on 10K etc) was coming out Mon-Wed, which I think was speculation on the part of the followers. Then on top of the speculation, there began to appear statements about no confidence dates and artificial timelines, to suggest that if by today no updates or news then the company and management is not to be trusted and they would sell all out, etc etc. I think that is all spin and it's important for long term investors to steer clear of the spin zone. The Nov elections are a catalyst so it is a factor, however there is a longer term story here with fundamentals which keep getting stronger over time. Of course, shareholders do need to see that 10K at some point, and it would really be great for the stock IMO if we were to get it filed before the elections but if not, its not the end of the world. 10K and uplist should be the highest priority for both management and shareholders right now IMO. Cheryl is off doing her own thing (her job, her part in all this) building MCM and exposure for the CannaCig, etc, so I do not think we should in the future misinterpret what she says and put words in her mouth. The bashers try every trick in the book in order to spin fear and doubt, do not feed into it.
Do or do not, there is no try.
GLTA
$RFMK!