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re: Let’s talk weed stocks in this thread

Posted on 1/24/19 at 1:23 pm to
Posted by TigrrrDad
Member since Oct 2016
7145 posts
Posted on 1/24/19 at 1:23 pm to
quote:

just a little disappointed that we couldn't hang out in the 3's as a new normal


While hanging in the 3s is nice for peace of mind, I’d welcome the chance to gobble up some teens again.
Posted by BitBuster
Lafayette
Member since Dec 2017
1443 posts
Posted on 1/24/19 at 4:44 pm to
I'm no expert, but does share dilution play a part? Is anyone being paid in shares and they're cashing in?

Could LVVV's history/reputation as a pump and dump penny stock back when all they did was energy chews be hurting them now? There's some nasty things on the internet back in 2011/2013 about it. Maybe the chew business left a bad taste in investors mouths.

I'm still a believer that they can turn it around, but I can see why investors would be skeptical. It's healthy and warranted imo.

Revenues need to happen and uplisting needs to happen.
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7419 posts
Posted on 1/24/19 at 7:50 pm to
I guess we just need to remember this is a thinly traded stock. For instance today, about $45,000 worth of LVVV traded hands (1.6M shares). That’s not a whole lot. People affecting prices with $250 trades.
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