RE:RE:RE:RE:RE:???Twiggy, do some due dilligence on MMJ Matica Enterprises. It's a marijuana stock and I see it doing very well in the next few months. Let me know what you think.
7Twiggy wrote: DerthB, For your sake and the other Retail investors I hope it is heading back up. Still like the play just not how the financing was carried out. I sold out the rest of my position on Friday for .17. I originally got in at prices from .045 to .07 and sold and bought on the way up. I am usually looking for at least a double on speculative mining plays and on this one it looks to me like the ones that will make or have made a double or a triple are the accredited investors close to the company. Came to the conclusion that even if every thing goes well those .11's will sell into the news and keep the price down. With a gazillion shares out from the financings they have the water blanket to douse any jump in price. I think most would agree that their continued selling is what is keeping the price down. I can't ever recall any company pricing an offering so low under the retail price at the time. I am sure it still has the few Retail investors involved steaming. . News seems to be lagging and I can use the tax loss to cover the on the sale of my Canopy shares. Started getting into Canopy at 1.80 and sold between 7 and 12. I think most of the large medical marijuana stocks will flat line or drop until early next year until we are closer to legalization. I agree the place to be is in the small medical marijuana companies near the top of the line to become licenced producers. Have not looked at CHV but will check it out. I agree PUF with 42million shares out. should be getting it's LP soon, especially with the accelerated process Health Canada announced on Friday. I am looking for a triple but I think it could easily surpass that target. The other name near the top of the line is True Leaf Medicine -MJ. This company is also into medical marijuana for animals and the Chairman is a former BC Premier. MJ has only 60 million shares out. I think we are also in for a quick triple here. Also check out Aimia. They own Aeroplan and have taken a beating. The stock is down from around 10 to 2.50 which brings a 30% dividend for those in before June 15. A little risky but do some DD. I think this one is at least another double. This board has been a little unusual for me. For a couple years only a few posters plus myself. Looks like now a few of the accredits,some Retail and the odd basher. I have been accused of bashing the stock, but that was never my intent. My intention has always been to point out the obvious whether good or bad. "The king has no clothes".