I know you guys don't play the pennies very often but I very much want all of you in $CATV. They are well positioned to pivot to medical and when policies change recreational. Their CEO is the main selling point for me. He's been a lawyer for the past twenty years and was pivotal in the big billion dollar merger with pokerstars. He has a lot of connections and is looking to become completely vertically integrated from seed to sale. I'm a huge fan. I think the only reason the price is so low is because of the name. It will change to Cannabis Acquisitions and Trading Ventures. Most investors look at its current name and don't give it more than 5 minutes thought.
$CATV
CIGN is a full service germination nursery of affordable hemp transplants to farms across the U.S. headquartered in Homestead, Florida.
$20 000 000 - $40 000 000 mill in revs from just CIGN FARM
4Cable TV International, Inc. (OTC: CATV) is determined to become a fully integrated Global Cannabis business from seed to sale. Farming is where it all starts, and distribution is where it all goes. The two previous harvests are in manufacturing to create our products for sale in the market.
We expect to meet our forecasts in revenues in the second quarter of 2021.
FOLKS WE ARE AT THE GROUND FLOOR OF Newest Major Hemp/ CBD CBG GLOBAL Cannabis Company.
They are ready to go full Marijuana when Florida laws change as well.
I know you guys don't play the pennies very often but I very much want all of you in $CATV. They are well positioned to pivot to medical and when policies change recreational. Their CEO is the main selling point for me. He's been a lawyer for the past twenty years and was pivotal in the big billion dollar merger with pokerstars. He has a lot of connections and is looking to become completely vertically integrated from seed to sale. I'm a huge fan. I think the only reason the price is so low is because of the name. It will change to Cannabis Acquisitions and Trading Ventures. Most investors look at its current name and don't give it more than 5 minutes thought.
$CATV
CIGN is a full service germination nursery of affordable hemp transplants to farms across the U.S. headquartered in Homestead, Florida.
$20 000 000 - $40 000 000 mill in revs from just CIGN FARM
4Cable TV International, Inc. (OTC: CATV) is determined to become a fully integrated Global Cannabis business from seed to sale. Farming is where it all starts, and distribution is where it all goes. The two previous harvests are in manufacturing to create our products for sale in the market.
We expect to meet our forecasts in revenues in the second quarter of 2021.
FOLKS WE ARE AT THE GROUND FLOOR OF Newest Major Hemp/ CBD CBG GLOBAL Cannabis Company.
They are ready to go full Marijuana when Florida laws change as well.
I'm not the best at interpreting charts. Please help me understand what you see here with CATV.
Just my 2 cents. These are always risky.
But that being said....
The last few days it has reclaimed the 50 day & 8 day EMA but bounced the 21 day. You will see those two outer white bands which are Bollinger Bands....they are beginning to come in a bit which should reduce the range more than likely near term.
In general typical penny stock volatility. Volume is reducing which it will need volume to push it back up to ATH. This could be a play to buy at .02 or less then try and go net free on some portion and forget about it until the alarm goes off. They key IMO is to not overpay on it. You never know with these picks.
Orlando Ayala Can't Read has picked some real winners on these types.
During the past 12 months, there have been six times that the SPY price 1) first closed above the volume-weight 20ma and the 95th percentile, 2-sgma upper BB, and then 2) closed below the 85th percentile, 1.44-sgma upper BB. Four of the previous five times, the SPY price continued falling until it touched the 2-smga lower BB. The time that failed, the SPY rebounded the following day to touch the 2-sigma upper BB. We are in the middle of the sixth time.
Here's a chart for those of you that like charts:
I think there's at least a decent chance we hit that lower BB at 374.74. We could do that and continue on upward just like we did in June, August, September, October, and January, or this could be the start of the correction.
Interesting enough, if I would have invested a set $ amount of additional SPXS shares each time it closed back through the 1.44-sgma upper BB, I would have made a total cumulative 48% profit. If I would have invested with a set $ amount of additional SPXS ATM calls expiry a month out, I would have made a total cumulative 164% profit.
Bumping this post. We are in the middle of the seventh time. I sure as hell wish I'd been sitting out for that sixth time. I'm not saying we'll get massive rug pull but I'm betting some money in the form of SPXS calls spreads that SPY sees the lower BB before mid May. I'm also going to be quicker on taking profits and closing out losers for a few weeks.
For calculation of share price, video guy is misusing Market Realist median multiple of 24x for EV to EBITA (Earnings). He is trying to calculate EV with this multiplier based on revenue. These are very different numbers.
For calculation of share price, video guy is misusing Market Realist median multiple of 24x for EV to EBITA (Earnings). He is trying to calculate EV with this multiplier based on revenue. These are very different numbers.
Oh I see. Yikes.. what do you think a proper share price would be then?
Excuse the quick chart here....playing crypto monopoly using different platform while the Mrs. FJ does her beauty stuff.
It has held up AH from the momentum high late today. $12.21 area seems to be a resistance at least AH today. I think 200M+ shares traded today - keep in mind most days are 7M with the occasional spike to between 15-20M Model T is a long way up yet to go. Can't ignore that volume and the lack of sell off profit taking end of day or AH.
Just my opinion here but I bet on it as continuing to make some upward trajectory yet. I am thinking #SHBM Edit: Could also be REALLY wrong here.
For calculation of share price, video guy is misusing Market Realist median multiple of 24x for EV to EBITA (Earnings). He is trying to calculate EV with this multiplier based on revenue. These are very different numbers.
Oh I see. Yikes.. what do you think a proper share price would be then?
Really hard to say. There is not much quality information on the financials of this company that I can find. It is a growth company, so you are paying for future growth. So to get a realistic PPS you would need to estimate future earnings (revenue minus expenses) and use a reasonable multiplier (like 24x). They have been buying up companies, so their revenue should be increasing substantially. But what are their related expenses? If they are currently not profitable, when are they projected to become profitable? All of this will factor in to a PPS estimate.
Maybe our penny stock expert Orlando Ayala Can't Read would have an idea.
It would be really really helpful if staff would build a feature that allows you to @ paying posters so they see a post you want them to read. Right now only replying to someone gives you that type of feature.
the CCP bought back in, lol. and damn, I knew I should've swung more shares just for trading!
Yeah I had bought some at $6.20 and then they did the additional offering and suddenly they fell into the $4s. I figured I would wait until the next major BTC surge to flip them and then glanced at account tonight and damn if it didn't cross $6 a couple times. Not where I want it but there is potential.
It would be really really helpful if staff would build a feature that allows you to @ paying posters so they see a post you want them to read. Right now only replying to someone gives you that type of feature.
and while they're at it, the ability to only show $ posters posts, hiding the rest. I would become a "paying poster" if said powers were added. No offense to anyone here, but it would offer a way to help someone catch up on posts.
If you are using the TradingView platform, I know several on here use Rispter's EMA 10 Min Clouds study/indicator for swings, scalps, etc. and it is available automatically on TradingView. It is a very useful tool in addition to Bollinger Bands for this type of trading.
It is located under the Indicators icon then type in Ripster in the Search bar and you'll see several to choose from.
Ripster EMA Clouds is the one I am referring to.
I have read a little about the EMA clouds but they still don't click exactly. I have them turned on. Do you know of a good tutorial about them?
I think Ripster has one pinned on his Twitter feed. I'll look to see as well when I get back home. Might also be some on YouTube.
