written by reader NVLX Marijuana stock

By schmevens, February 5, 2014

OK. So I own a few shares of this penny stock. Up a few bucks. Would love some rational analysis of this stock. Pump and dump or a real long term winner. Based on current legislative trends in a few states and liberal federal government leanings, Marijuana looks pretty good. I like it. Please drag me back to reality.

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wlfpac_5
wlfpac_5
February 5, 2014 10:14 am

not sure how good this site is but the web site is:
http://www.pumpsanddumps.com/2014/01/in-lament-of-sideways-pump-dump.html

NVLX is halfway down…….below is what they say about NVLX.

July 12, 2013, NVLX began its fifth Pump & Dump campaign since August 2011- the third one of 2013. On July 26th, shares had already hit their high of the campaign, in spite of the fact that it would continue throughout the remainder of the year. Over the next three weeks, shares traded in a tight range of approximately .15 – .18, after which the range was lowered to approximately .11 – .15. It would not be unfair to say that shares have gone nowhere since the second week of the promotion, back in late July. Over the course of the campaign, at least 129 newsletters promoted the shares of NVLX, many of them twice- a few of them three times. Looking at the chart below, we can see that each peak was met with an exaggerated selloff and that each low point precipitated a spike. Over time, the range gets tighter, until we see the first round of capitulation in December when shares traded into the red. In short, those who held these shares went nowhere, fast. We estimate that at least $4 million was collectively lost by the street on shares of NVLX by the end of 2013

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Greg Warburton
Member
Greg Warburton
February 6, 2014 12:00 pm

Michael – I’d recommend taking a look at Alan Brochstein’s coverage of the sector that is over on Seeking Alpha – volume levels of all pot stocks are skyrocketing at the moment and since most of them are also OTC or Pink stocks so too are the numbers of new pump and dump schemes jumping onboard the pot bandwagon. That being said there are some companies that regularly file with the SEC and that have already established for themselves footholds in various corners of the sector (lighting and growing systems, cannabinoid research, vaporizers & associated tech are but a few examples) & which I think are viable investments for the long term – PHOT & FITX are my preferred picks – but check out Brochstein’s analysis – for the most part its free, informative & should point you in the right direction if your interested in jumping into what is currently a volatile sector, but which has been the most profitable part of my portfolio this yr.

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Eddy9
Member
Eddy9
February 7, 2014 10:06 am

Am a beginner and can’t write much. I buy small, small stocks. I found the website Pump& Dump and it avoided me some mistakes. I think they are sincere. NVLX really looks a no touch thing. But this same website advised against PHOT and TRTC, and they went up quite a bit, I could make a few $$. Yet, today they are down again. I will always look P&D website for a check. Best. Eddy

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John
Guest
John
February 4, 2017 9:56 pm
Reply to  Eddy9

Somewhere said dump phot

dgcannon
February 7, 2014 8:21 pm

Is nvlx the stock currently being teased by “Micro Millionaires?”

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jeffh
February 21, 2014 12:48 pm

How high can I expect the P&Ds to push this one? Up to 0.29 today. My average cost is 0.05 going back nearly 3 years and I’ve yet to sell a share.
News out today about funding for their pancreatic cancer trials. This seems a bit more than a marijuana stock.

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bosley
Irregular
February 21, 2014 8:31 pm

Did you guys hear the latest? NVLX is going to use 3D printing to produce marijuana that they will use in pancreatic cancer trials — due to start next month. And rumor is that they’re in talks to be bought out by Roche!! NVLX is a screaming buy!
The point is anyone can buy a shell company with a stock ticker and proceed to make up any story they want — Pump and Dump and make millions. And you might make money if you can time the pumps. But you might make money in a casino. And you’re not taking money from a big business. You’re taking from some newbie who thinks she just found the next Apple. If you’re OK with that then fine. Just understand all you’re investing in is a scam, and you’re profiting from a scam.

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