I for one don't buy all the TA that anyone does on an OTC stock. I don't read every post but the lowest I remember seeing OTC post on the low side was strong support at or around .026 and that was just recently over the last couple of months when the share price started to decline. So much for support levels and now there is no support and the share price may go .0006! This is the OTC markets, there really is no such thing as support and resistance when the players want to run these stocks one or the other, period!
Right now FITX doesn't pass the smell test and not to the downside. I believe the share price is going back up and fairly soon, This recent run to the downside was manipulation at it's finest and they'll do the same back to the upside fairly soon. If you go back to the very beginning with the mayor welcoming Creative Edge and "zoning was never a problem" things didn't smell quite right. Now were at that point where the CEO has some serious decisions to make that will have serious consequences related to a lot of investors. There's a lot of dirt flying around in Lakeshore right now and I believe the dirt is blowing towards getting the zoning issued resolved and a license issued by HC. I for one have added around .026 and I'm not worried one bit about that purchase, .026 will be long forgotten soon enough.
I don't know this, only speculation on my part, someone wasn't in on the party and now they are or at least their on their way to the party! Once their in the door we'll see positive pr's and the price will be back on the up and up. I don't live in OTC land and only dabble once in awhile, FNMA and FMCC were 2 stocks that I purchased at .25 and they went to around 4 dollars when everyone said they were going to be dismantled to never conduct business again.I sold around 1.25 thinking they had their run but I was wrong, they really overcook things both ways with these OTC stocks and that's what they've done to FITX the last couple of weeks, it'll go back up just like FNMC and FMCC did.
I just don't rely on TA for a speculative stock on the OTC, for myself it's all about the smell test, period.................!
Not saying that OTC or anyone for the matter is wrong on their TA, they may be spot on, like I said I don't read every post out there. I don't know anyone on any of these boards period and don't know their true intention so I take everything with a grain of salt. It's all about the smell test and which way the wind is blowing with these OTC stocks. I truly believe you'll see the wind blowing in the right direction soon enough.
Good luck to everyone and hang in there, don't let them steal your shares....! I'm so confident it's going up that I cancelled my sell order at .10 the other day fearing we would get the license announcement right around the time they were beating the stock down. I put all my shares for sale at .10 when they started to beat the price down and thought now we'll see that license and I'll be crying like a baby when my shares are gone at .10 and the share price is above .25.
I for one believe FITX cannot lose, period! It boils down to do they pull out a power play through the courts and give Lakeshore something they claim they don't want ( MMJ facility ) or do they do it the diplomatic way and get everyone onboard, either way they'll get it done. Through the courts they win for sure, period. Don't think they'll have to do that because the dirt blowing in the city will be blown into a corner and I doubt they want that so it leaves a diplomatic solution as the final result. You know they'll appeal the City's decision if they cannot resolve the issue within 20 days.
It may take awhile but the license from HC is still the wildcard, that could come at any moment and everyone will wish they had more shares................!
Once again good luck to all, things will start picking back up quite soon!
Right now FITX doesn't pass the smell test and not to the downside. I believe the share price is going back up and fairly soon, This recent run to the downside was manipulation at it's finest and they'll do the same back to the upside fairly soon. If you go back to the very beginning with the mayor welcoming Creative Edge and "zoning was never a problem" things didn't smell quite right. Now were at that point where the CEO has some serious decisions to make that will have serious consequences related to a lot of investors. There's a lot of dirt flying around in Lakeshore right now and I believe the dirt is blowing towards getting the zoning issued resolved and a license issued by HC. I for one have added around .026 and I'm not worried one bit about that purchase, .026 will be long forgotten soon enough.
I don't know this, only speculation on my part, someone wasn't in on the party and now they are or at least their on their way to the party! Once their in the door we'll see positive pr's and the price will be back on the up and up. I don't live in OTC land and only dabble once in awhile, FNMA and FMCC were 2 stocks that I purchased at .25 and they went to around 4 dollars when everyone said they were going to be dismantled to never conduct business again.I sold around 1.25 thinking they had their run but I was wrong, they really overcook things both ways with these OTC stocks and that's what they've done to FITX the last couple of weeks, it'll go back up just like FNMC and FMCC did.
I just don't rely on TA for a speculative stock on the OTC, for myself it's all about the smell test, period.................!
Not saying that OTC or anyone for the matter is wrong on their TA, they may be spot on, like I said I don't read every post out there. I don't know anyone on any of these boards period and don't know their true intention so I take everything with a grain of salt. It's all about the smell test and which way the wind is blowing with these OTC stocks. I truly believe you'll see the wind blowing in the right direction soon enough.
Good luck to everyone and hang in there, don't let them steal your shares....! I'm so confident it's going up that I cancelled my sell order at .10 the other day fearing we would get the license announcement right around the time they were beating the stock down. I put all my shares for sale at .10 when they started to beat the price down and thought now we'll see that license and I'll be crying like a baby when my shares are gone at .10 and the share price is above .25.
I for one believe FITX cannot lose, period! It boils down to do they pull out a power play through the courts and give Lakeshore something they claim they don't want ( MMJ facility ) or do they do it the diplomatic way and get everyone onboard, either way they'll get it done. Through the courts they win for sure, period. Don't think they'll have to do that because the dirt blowing in the city will be blown into a corner and I doubt they want that so it leaves a diplomatic solution as the final result. You know they'll appeal the City's decision if they cannot resolve the issue within 20 days.
It may take awhile but the license from HC is still the wildcard, that could come at any moment and everyone will wish they had more shares................!
Once again good luck to all, things will start picking back up quite soon!
