RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:WowAlright, I'll answer. Others have too. Three reasons for the share price.
1) The Venture is about speculation. Although choppy, MJ stocks are a clear investor focus. This is not about to change with many states now adopting legalizing medical product. As stated, spec eyes have been and are focused on smoke. Any company in an alternative sector has to force feed the marketplace with meaty content in order to divert those eyes otherwise you don't get a sideways glance. This is not the time for FDM to push "meat". Soon this will change.
2) The company virtually telegraphed a quiet period stating the V2 launching in Dec to Jan. At this stage there is very little apart from V2 that matters. Investors have been burned in the social space and now need to see, feel and touch that actual app to draw an investment bead. There are many on this board, including yourself it would seem, that are pushing for inane updates that actually make little sense when FDM is this close to launch. I have 'spoken' about this to you before. Investors have time to make their move and they know it.
and, highly important imo,
3) refer to NobodyHolm's post a day or two back regarding those who are conducting minipulation of the stock. If you have done any DD, you will know just how many shares the (main) two players have to work with. If you have been tracking the trades at all, you will see two hyper-active houses and their respective actions in subduing pricing. Why? Because they can (or think they can). Not only do they have (or had) a large holding, they have the benefit of a lot of cheap paper. Their days are numbered and their current influence seems to be dissipating at this sp level despite valiant efforts.
'Nuff said.
Raiderfan wrote:
you again ignored answering the questions. You say most have me on ignore so I dont get a reply. Well you replied and dodged the questions so clearly you have no answer and are stumped