SPRWF---suspended (halt) by IIROC today, reason:pending news.......then minutes later they announce the following:
ANCOUVER, BRITISH COLUMBIA--(Marketwired - May 13, 2014) - Supreme Pharmaceuticals Inc. ("Supreme" or the "Company") (CSE:SL)(OTCBB:SPRWF) is pleased to report that the Company has signed a letter of intent ("LOI") to acquire a green house facility and 100% of a Southern Ontario based company (the "Target Company") that has been approved for a pre-build Marijuana for Medical Purposes Regulations license ("MMPR Licence"). Under the terms of the MMPR License, the Target Company can build out and operate a 342,000 square foot facility that can produce up to 24,000,000 grams (24,000 kilograms) of medicinal marijuana per year. Supreme has made an initial $250,000 payment under the terms of the LOI, and must, by May 22nd, 2014 advance to the Target Company an additional $750,000, at which time Supreme will own the Facility, as described below. The transaction terms contained in the LOI are binding on the parties, subject to final documentation. Supreme currently has the necessary funds on hand to close this portion of the transaction.
The Target Company has the option to purchase an Ontario facility that is a state of the art 342,000 square foot facility covering approximately 7 acres that was originally built by Agriculture Canada ("the Facility"). The Target Company has placed in trust with the vendor of the Facility the initial down payment of $250,000 to buy the Facility, and upon Supreme providing the balance of the closing payment of $750,000, the Facility will be fully owned by Supreme. who will have a two-year period to pay to the vendor another $4,500,000. Upon closing of the acquisition of the Facility, year one will be an interest free period, and year two will bear interest of 7%.
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SPRWF---suspended (halt) by IIROC today, reason:pending news.......then minutes later they announce the following:
ANCOUVER, BRITISH COLUMBIA--(Marketwired - May 13, 2014) - Supreme Pharmaceuticals Inc. ("Supreme" or the "Company") (CSE:SL)(OTCBB:SPRWF) is pleased to report that the Company has signed a letter of intent ("LOI") to acquire a green house facility and 100% of a Southern Ontario based company (the "Target Company") that has been approved for a pre-build Marijuana for Medical Purposes Regulations license ("MMPR Licence"). Under the terms of the MMPR License, the Target Company can build out and operate a 342,000 square foot facility that can produce up to 24,000,000 grams (24,000 kilograms) of medicinal marijuana per year. Supreme has made an initial $250,000 payment under the terms of the LOI, and must, by May 22nd, 2014 advance to the Target Company an additional $750,000, at which time Supreme will own the Facility, as described below. The transaction terms contained in the LOI are binding on the parties, subject to final documentation. Supreme currently has the necessary funds on hand to close this portion of the transaction.
The Target Company has the option to purchase an Ontario facility that is a state of the art 342,000 square foot facility covering approximately 7 acres that was originally built by Agriculture Canada ("the Facility"). The Target Company has placed in trust with the vendor of the Facility the initial down payment of $250,000 to buy the Facility, and upon Supreme providing the balance of the closing payment of $750,000, the Facility will be fully owned by Supreme. who will have a two-year period to pay to the vendor another $4,500,000. Upon closing of the acquisition of the Facility, year one will be an interest free period, and year two will bear interest of 7%.
No idea what is going on here. Had a close member of the group I chat with tell me he thinks it was going to dip and that was beginning of last week. Not sure if bad news has leaked out or if it just a low volume panic sell...
If you have the balls hold it here, otherwise, it could be going lower.
Not sure quite what to make of it yet.
SPRWF that is big news!!!
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TTDZ:
No idea what is going on here. Had a close member of the group I chat with tell me he thinks it was going to dip and that was beginning of last week. Not sure if bad news has leaked out or if it just a low volume panic sell...
If you have the balls hold it here, otherwise, it could be going lower.
i think it was a panic sell for ttdz. check out the recent volume. there were multiple large buys in the last 20 mins. 1 order alone was for 4 milly. makes it easier to hold when my avg is below .01, but still sucks to see it tank so bad today. added a few more at .02.
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stiffler-
i think it was a panic sell for ttdz. check out the recent volume. there were multiple large buys in the last 20 mins. 1 order alone was for 4 milly. makes it easier to hold when my avg is below .01, but still sucks to see it tank so bad today. added a few more at .02.
SPRWF looking mighty thin after .07... might get a larger piece.
*** Alerting EWKS @ .0001 *** lotto play I LOVE
Been hearing rumors for about two weeks now. OTC market info is changed, and hearing MORE rumors. Love this lotto at .0001. Potential 10 bagger from these levels.
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SPRWF looking mighty thin after .07... might get a larger piece.
*** Alerting EWKS @ .0001 *** lotto play I LOVE
Been hearing rumors for about two weeks now. OTC market info is changed, and hearing MORE rumors. Love this lotto at .0001. Potential 10 bagger from these levels.
Got all over UTRM in the 3's, looking good thus far and the bailout spot.
You mentioned you like it bouncing back to the .008 range.
For my person investor experience, what type of indicators/financials/combinations of information can I review on my own time to see these types of support levels? I am getting very familiar with all types of DMA's and bollinger bands etc etc. Clear as mud currently but I am making good progress.
As always, the help is much appreciated.
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Stifler,
Got all over UTRM in the 3's, looking good thus far and the bailout spot.
You mentioned you like it bouncing back to the .008 range.
For my person investor experience, what type of indicators/financials/combinations of information can I review on my own time to see these types of support levels? I am getting very familiar with all types of DMA's and bollinger bands etc etc. Clear as mud currently but I am making good progress.
Don't get greedy on your profits with UTRM. The chart looks good to go to me, but I have someone in my chat that is a much better "chart"ist than me saying he thinks it might push one more day and then retrace further below the 20 DMA.
Here is what I see with the UTRM chart:
- oversold in general - RSI hitting above 50 mark. Most say the powerzone is above 70, I take over 50 as a bullish sign in many cases. - 7 dma about to cross up the 10 dma ... very bullish sign - after a long time, the MACD is just about to make a golden cross with the red trend line... bullish sign - The Cloud resistance line is at .007 range, there is support above that level, but could be stubborn trying to break through. - Closed above the middle Bollinger line... very bullish. Find it hard to believe it breaks the upper at .0091, so put your sells in way before that. - Parabolic SAR flipped on the chart in the mid 3s to a bullish pattern
All in all, it moved more than I thought it would today. The chart still looks good, but I see trouble breaking above the 8's and possibly the 7s, at least on this run. I sold some today, and will sell the rest in the .0066 - .0068 range IMHO. Not to say it doesn't get higher. I just can't be too sure of anything in this market right now.
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Hey RDTTKA12,
Don't get greedy on your profits with UTRM. The chart looks good to go to me, but I have someone in my chat that is a much better "chart"ist than me saying he thinks it might push one more day and then retrace further below the 20 DMA.
Here is what I see with the UTRM chart:
- oversold in general - RSI hitting above 50 mark. Most say the powerzone is above 70, I take over 50 as a bullish sign in many cases. - 7 dma about to cross up the 10 dma ... very bullish sign - after a long time, the MACD is just about to make a golden cross with the red trend line... bullish sign - The Cloud resistance line is at .007 range, there is support above that level, but could be stubborn trying to break through. - Closed above the middle Bollinger line... very bullish. Find it hard to believe it breaks the upper at .0091, so put your sells in way before that. - Parabolic SAR flipped on the chart in the mid 3s to a bullish pattern
All in all, it moved more than I thought it would today. The chart still looks good, but I see trouble breaking above the 8's and possibly the 7s, at least on this run. I sold some today, and will sell the rest in the .0066 - .0068 range IMHO. Not to say it doesn't get higher. I just can't be too sure of anything in this market right now.
TTDZ today, should be good to see what happens here.
Really considering unloading on this thing once it hits lower support levels. Though in a situation where it could be potentially leaked bad news, is it safe to throw everything out the window then hide and watch?
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TTDZ today, should be good to see what happens here.
Really considering unloading on this thing once it hits lower support levels. Though in a situation where it could be potentially leaked bad news, is it safe to throw everything out the window then hide and watch?
Stifler, awesome above post on UTRM. Will research all those indicators today and study up some more. I keep hearing about this "power zone" and "golden cross". Seem to be very good indicators.
This is the type of knowledge I wish to be able to generate and learn myself. Crazy good stuff man!
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Stifler, awesome above post on UTRM. Will research all those indicators today and study up some more. I keep hearing about this "power zone" and "golden cross". Seem to be very good indicators.
This is the type of knowledge I wish to be able to generate and learn myself. Crazy good stuff man!
Looking for the MINE news, is that scheduled for today?
TTDZ - is there anyway to establish a decent entry point for this one? I see it falling still, waiting to go in for the long run on this but will wait till it bottoms out. Falling well below 50 DMAs(simple and expo), which I see around .0250.
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Looking for the MINE news, is that scheduled for today?
TTDZ - is there anyway to establish a decent entry point for this one? I see it falling still, waiting to go in for the long run on this but will wait till it bottoms out. Falling well below 50 DMAs(simple and expo), which I see around .0250.
Parabolic SAR is a good one too for sure see a reversal. The problem is it is a lagging indicator so it needs past days PPS to establish the points. If you bring up the indicator on the TTDZ chart you can see the PSAR flipped three days ago into a down trend. You can be confident in the uptrend once it flips back below the chart, but like I said it is a lagging indicator, so the reversal will already be in by the time you see the flip.
Two big things I'm noticing is that is closed below the lower Bollie Band yesterday and could not recover today... not a good sign.
Second thing is it closed below the Ichimoku Cloud today for the first time during the run up... also a very bad sign. This could easily drop below .015, but I think there is major support there.
Pot stocks are ugly right now. Time to take the foot off the throttle in a major way, and commit less money per trade until the market corrects in a couple months.
MINE: I'd be willing to bet my left nut we see news tomorrow. Last three days has been major war between the bears and the bulls.
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TTDZ: yikes!
Parabolic SAR is a good one too for sure see a reversal. The problem is it is a lagging indicator so it needs past days PPS to establish the points. If you bring up the indicator on the TTDZ chart you can see the PSAR flipped three days ago into a down trend. You can be confident in the uptrend once it flips back below the chart, but like I said it is a lagging indicator, so the reversal will already be in by the time you see the flip.
Two big things I'm noticing is that is closed below the lower Bollie Band yesterday and could not recover today... not a good sign.
Second thing is it closed below the Ichimoku Cloud today for the first time during the run up... also a very bad sign. This could easily drop below .015, but I think there is major support there.
Pot stocks are ugly right now. Time to take the foot off the throttle in a major way, and commit less money per trade until the market corrects in a couple months.
MINE: I'd be willing to bet my left nut we see news tomorrow. Last three days has been major war between the bears and the bulls.
turned my profits off UTRM this morning and backloaded my MINE. Everyone talking about the coming news, fingers crossed.
So I am experiencing a problem for the first time - my whole bankroll is tied up in stocks for the first time.
Loaded up with some MTHs/LTHs but have a few lotto plays as well.
ASKE is the one I am curious about stiffler. I grabbed it at .0004 and its just been completely stagnant with loads of volume, 0.0003 back to 0.0005 like ping pong. Is this a heavily diluted stock? Just feels like my shares are entrapped in that range. How would you describe the health of ASKE when viewing all financials and outstanding stocks? Simply looking for another way to gather information on these tickers.
Also about MACD - what exactly DOES this indicator mean? I read it as it combines long and short term MA's, showing crossover points. Anything you could add to that? I am getting most of my information on my journey from
turned my profits off UTRM this morning and backloaded my MINE. Everyone talking about the coming news, fingers crossed.
So I am experiencing a problem for the first time - my whole bankroll is tied up in stocks for the first time.
Loaded up with some MTHs/LTHs but have a few lotto plays as well.
ASKE is the one I am curious about stiffler. I grabbed it at .0004 and its just been completely stagnant with loads of volume, 0.0003 back to 0.0005 like ping pong. Is this a heavily diluted stock? Just feels like my shares are entrapped in that range. How would you describe the health of ASKE when viewing all financials and outstanding stocks? Simply looking for another way to gather information on these tickers.
Also about MACD - what exactly DOES this indicator mean? I read it as it combines long and short term MA's, showing crossover points. Anything you could add to that? I am getting most of my information on my journey from
The MACD is simply a great way to judge the overall momentum of the stock. You always want that blue line curling up not down.
Take a look at the MINE chart https://stockcharts.com/h-sc/ui?s=mine as an example:
Obviously you notice on March 9th or 10th the run really started. The blue line on the MACD jumped over the red line and the run was on. Once it reversed the first time, you see the first red day on April 1st, and the blue line begins to curl down back towards the trend line. Going back over the trend line is known as a death cross to many traders.
Now notice on April 14th when the next mini run up started... the blue line was below the red trend line but there was a pretty good sized space between the two lines. So by the time that blue line actually crossed the red line the run was wellllllllll underway.
As the chart stands now, look how damn close that blue line is sitting just below the red trend line... that gap is A LOT closer than last time. One proper green candle on this chart is going to set it off in a major way. It will send the blue line bullishly over that trend line quickly, and that is ALWAYS a bullish cross.
Another very bullish sign is when the 7 day moving average crosses the 10 day moving average. That has been my number one indicator on charts that are about to have a mini pop like UTRM and AEGY. MINE's 7 DMA is very close to the 10. Again, one green day would send that over the 10 day, and we are on.
All we need is a catalyst... oh what's that you say? MINE Tweeted there would be news very shortly... sounds like a perfect catalyst to jump start the next run............. either news about their celebrity endorsement (rumor is Shakira or Rihanna) or their "The Herbal Collection" line. I have not heard this rumor, but in my mind it COULD happen: a partnership with Dixie Elixirs. We all know Dixie cut ties with MJNA a couple months ago, and Tripp Keber is looking to hitch his wagon to a rising star... if that news drops... we'll see a 50-100% day.
I have a strange feeling the company might release news tomorrow after hours or an hour before close to discourage any shorts from causing a panic sell... that Conference Call panic sell was 100% manipulated IMHO.
All signs on this chart point to oversold. This week is the last chance to get in at a reasonable PPS for something unbelievable. I thought I was bullish on TTDZ... I'm a f*cking steer on steroids on MINE.
----
Have not really paid attention to the action of ASKE, but I hope you saw the attorney letter posted today on OTCmarkets.com ... this ones coming out of the trips next week, I'm not going to guarantee anything. All I can say is I've seen this scenario dozens and dozens of times in penny land. Depending on what the company gives us, .002 -.005 on the initial run IMHO, but in this market take your profits when you can. Will reanalyze after they release news and we better understand how investors' sentiments sit.
----
ACGX
Really nice movement the pat few days.... getting word that the Matrix group is alerting this one . My buddy is no longer a member but of course birds talk. Don't sleep on ACGX.
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The MACD is simply a great way to judge the overall momentum of the stock. You always want that blue line curling up not down.
Take a look at the MINE chart https://stockcharts.com/h-sc/ui?s=mine as an example:
Obviously you notice on March 9th or 10th the run really started. The blue line on the MACD jumped over the red line and the run was on. Once it reversed the first time, you see the first red day on April 1st, and the blue line begins to curl down back towards the trend line. Going back over the trend line is known as a death cross to many traders.
Now notice on April 14th when the next mini run up started... the blue line was below the red trend line but there was a pretty good sized space between the two lines. So by the time that blue line actually crossed the red line the run was wellllllllll underway.
As the chart stands now, look how damn close that blue line is sitting just below the red trend line... that gap is A LOT closer than last time. One proper green candle on this chart is going to set it off in a major way. It will send the blue line bullishly over that trend line quickly, and that is ALWAYS a bullish cross.
Another very bullish sign is when the 7 day moving average crosses the 10 day moving average. That has been my number one indicator on charts that are about to have a mini pop like UTRM and AEGY. MINE's 7 DMA is very close to the 10. Again, one green day would send that over the 10 day, and we are on.
All we need is a catalyst... oh what's that you say? MINE Tweeted there would be news very shortly... sounds like a perfect catalyst to jump start the next run............. either news about their celebrity endorsement (rumor is Shakira or Rihanna) or their "The Herbal Collection" line. I have not heard this rumor, but in my mind it COULD happen: a partnership with Dixie Elixirs. We all know Dixie cut ties with MJNA a couple months ago, and Tripp Keber is looking to hitch his wagon to a rising star... if that news drops... we'll see a 50-100% day.
I have a strange feeling the company might release news tomorrow after hours or an hour before close to discourage any shorts from causing a panic sell... that Conference Call panic sell was 100% manipulated IMHO.
All signs on this chart point to oversold. This week is the last chance to get in at a reasonable PPS for something unbelievable. I thought I was bullish on TTDZ... I'm a f*cking steer on steroids on MINE.
----
Have not really paid attention to the action of ASKE, but I hope you saw the attorney letter posted today on OTCmarkets.com ... this ones coming out of the trips next week, I'm not going to guarantee anything. All I can say is I've seen this scenario dozens and dozens of times in penny land. Depending on what the company gives us, .002 -.005 on the initial run IMHO, but in this market take your profits when you can. Will reanalyze after they release news and we better understand how investors' sentiments sit.
----
ACGX
Really nice movement the pat few days.... getting word that the Matrix group is alerting this one . My buddy is no longer a member but of course birds talk. Don't sleep on ACGX.
MDRM news about getting their paperwork and ducks in a row within 10 business days. I still have a very solid chunk, and will be purchasing more not next week but the end of the following week. I believe we see some news updates as to their real deal business plan soon after the papers are filed.
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Also,
MDRM news about getting their paperwork and ducks in a row within 10 business days. I still have a very solid chunk, and will be purchasing more not next week but the end of the following week. I believe we see some news updates as to their real deal business plan soon after the papers are filed.
I've seen this volume pattern come in soooo many times. This is going MJ and I have no rumors to confirm it. Just my gut feeling. If it isn't, something is still up.... HUGE volume and price movement today. Product called "Relax Drank" . Motto is "Slow Your Roll". On the can it says "Island Time: Extreme Relaxation"
Company was reinstated TODAY. News is imminent in my opinion...
As always, play with caution, do your own DD, and keep those profits secured.
HDUP very strange volume today, haven't looked at that one yet.
Stay blessed.
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*** Alerting IBGH @ .007 ***
I've seen this volume pattern come in soooo many times. This is going MJ and I have no rumors to confirm it. Just my gut feeling. If it isn't, something is still up.... HUGE volume and price movement today. Product called "Relax Drank" . Motto is "Slow Your Roll". On the can it says "Island Time: Extreme Relaxation"
Company was reinstated TODAY. News is imminent in my opinion...
As always, play with caution, do your own DD, and keep those profits secured.
HDUP very strange volume today, haven't looked at that one yet.
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