i am hoping small profitable players in the Mari-Jane field become profitable enough to survive
and the space become just another commodity that the big companies do not buy it out and price gauge us
its high 29.85
reverse stock splits
1 for 4 , AUG 31 2015
1 for 5 , JUN o3 2016
1 for 3 , JUL 26
so 60 shares became 1
29,85 / 60 = = 0.4975
the high price divided by splits = cost of share
price now 0.50 [ 50 cents
i will wait till it goes above the channel
which looks fairly priced
and then when it goes above this channel
i will watch for a bad reversal and exit !
if not , let the HI times begin
and the space become just another commodity that the big companies do not buy it out and price gauge us
its high 29.85
reverse stock splits
1 for 4 , AUG 31 2015
1 for 5 , JUN o3 2016
1 for 3 , JUL 26
so 60 shares became 1
29,85 / 60 = = 0.4975
the high price divided by splits = cost of share
price now 0.50 [ 50 cents
i will wait till it goes above the channel
which looks fairly priced
i will watch for a bad reversal and exit !
if not , let the HI times begin