FTPM- Best MJ stock out there at these prices bein
Post# of 90
*The key with MJ stocks or any stock...is to play them when conversion is done and they are not diluting. Currently FTPM fits the bill. All notes are converted hence the prices down here... Insiders own about 60% of the OS here and float is relatively small...about 400M
The MJ Sector is heating up and no better to play this stock then now.. The name of the company is 420 Property Management, Inc. The stock has been beaten down to trips by notes that have recently became all extinguished and converted hence its recent pps range. Additionally, per IR, the will updates coming out in early January. (BY JAN. 6)
Yesterday on ONLY 34M shares the PPS went from .0006 to .0012 for a 100% move.
The OS & Float is reasonable low here so any significant volume or updates can move this stock
way north. Additionally, on the chart...the PSAR flipped and a cross of the 50 Day MA of .0013 would trigger some more very bullish technicals.
Business Description
420 Property Management LLC is a diversified real estate development and property management company with a focus on the burgeoning hemp, cannabis, medical and legal marijuana industries.
Through three integrated operating subsidiaries, 420 manages the full life cycle of real estate investment and property management in the cannabis and hemp industry. From acquisition of zoned agricultural land and commercial properties, to construction and development of technologically advanced cultivation, commercial and agricultural projects; to managing leaseable commercial and retail sites.
website: http://420prop.com/our-portfolio/agricultural-properties/
As always do your own dd as well before buying or selling any penny stock. The risks are high but the rewards can be very good.