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re: Let’s talk weed stocks in this thread
Posted on 1/24/19 at 1:23 pm to BitBuster
Posted on 1/24/19 at 1:23 pm to BitBuster
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 on 1/24/19 at 4:44 pm to TigrrrDad
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.
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 on 1/24/19 at 7:50 pm to TigrrrDad
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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