$MCIG OTCMKTS:MCIG MCIG Stock– 446% increase i
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Posted On: 05/08/2017 10:06:01 AM
$MCIG OTCMKTS:MCIG
MCIG Stock– 446% increase in revenue last quarter. The anticipation of increased earnings growth before next quarter could produce a nice rally until then. The new Oregon grow facility should reflect positively on the share price as well. It should be in the .40s although it has to consolidate for awhile, which is healthy for a stock.
Everyone one is cheering for the increase in revenue but the real story is the net income (Income from operations 191,178 vs -48,160 ). This number is key to how well MCIG is doing. Actual return to the shareholders is huge. If this number can continue to stay positive and increase, you will see a huge run up in stock price and will justify the market capitalization.
MCIG Stock– 446% increase in revenue last quarter. The anticipation of increased earnings growth before next quarter could produce a nice rally until then. The new Oregon grow facility should reflect positively on the share price as well. It should be in the .40s although it has to consolidate for awhile, which is healthy for a stock.
Everyone one is cheering for the increase in revenue but the real story is the net income (Income from operations 191,178 vs -48,160 ). This number is key to how well MCIG is doing. Actual return to the shareholders is huge. If this number can continue to stay positive and increase, you will see a huge run up in stock price and will justify the market capitalization.
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