ERBB Offers a Possible 588% Riding A Huge Wave Of Momentum
Good Afternoon!
American Green, Inc. (OTCPINK: ERBB)
Today’s trade is really going to blow you away.
When I first saw ERBB I felt a wave go through my body because the underlying technical numbers are screaming UPSIDE to traders.
Consider this. In the last few weeks the play has been getting upgraded to the point that it is now a fully-fledged “Buy” on barchart.com.
This means that across the board, ERBB looks ready to take its momentum to another level.
You only need to look at a few key technical indicators to see why the folks over at barchart.com are pushing their weight behind this one.
RSI is 62 which means that the stampede for profits has already begun. The magic number is of course 70 RSI where ERBB will become oversold but get this…
At .0017 ERBB is massively undervalued. There’s a good chance with the level of volatility churning under ERBB, it could rocket way into the 80 RSI and still deliver monster gains to traders.
But even before you get those potentially lofty levels you are looking at a cool 588% gain potential. That’s the figure I get when I calculate upside from current levels to the 12-month high of .0117.
This is perhaps the cheapest and most liquid opportunity I have seen in the marijuana space all year. Volatility levels are insane and if ERBB breaks 50 million shares you could potentially walk away with monster gains.
Take an urgent look at this monster because I believe it is about to blow!
Check out the chart…
Here’s a link to the chart: http://stockcharts.com/h-sc/ui?s=ERBB
About
ERBB (American Green, Inc.), is focused on leading-edge cannabis industry solutions. The name, American Green, is synonymous with the industry itself and captures the spirit of this revolutionary era. Vision, brand, team and historical opportunity define and drive American Green.
ERBB cultivation and lighting products are offered and valued by growers and dispensaries across the US through our direct sales team. AG Managed Services provides consulting and capital resources for existing and new build cannabis operations.
Legal Marijuana Sales Could Hit $6.7 Billion In 2016
As voters in more states embrace legalized marijuana sales, the burgeoning cannabis industry has gone from a curiosity to a bona fide booming market.
Just how big is the market for legal pot? A new report by a leading marijuana industry investment and research firm found legal cannabis sales jumped 17%, to $5.4 billion, in 2015 and they will grow by a whopping 25% this year to reach $6.7 billion in total U.S. sales.
The numbers are staggering, considered the first recreational dispensaries opened for business in Colorado only two years ago.
On Monday, ArcView Market Research will release its fourth edition of The State of Legal Marijuana Markets report, and it includes the prediction that the legal cannabis market will see a whopping $21.8 billion in total annual sales by 2020. (By comparison, at that point, the legal marijuana market could be bigger than the National Football League, which saw roughly $12 billion of revenue last year but is aiming to reach $25 billion by 2027.)
News Development
American Green Announces the American Green Xpress -- A Medical Marijuana Delivery Service
ERBB recently announced that it has created a new addition to the company's cannabis operational plan. The American Green Xpress will deliver cannabis to approved recipients, starting in Arizona. The service will offer a new level of convenience for patients and will feature the development and integration of a software and logistics application for use in Arizona and other states.
Jonathan Miller, CEO of American Green, said, "Before joining American Green, I ran a company that developed mobile software applications both internally and for clients. As a result, there is a great network of talent and experience available to further American Green's development of a mobile app that will solve a number of existing issues for clients and regulators," Miller continued. "Working with an experienced team of developers that can integrate GPS, POS, and CRM reporting systems, together with the MJ Freeway mobile offering, I am confident that we can exceed state technological, reporting, and security requirements while delivering a user-friendly, feature-rich, dispensary-focused application for mobile and web patients and recreational clients to order product and develop social, community-based relationships."
To learn more about ERBB please visit their website: http://www.americangreen.com/
Don’t let this one slip through your fingers. Make a decisive move on ERBB now.
