UWC - Underwood Capital

[System]

Phytotech Medical Limited (PYL) is engaged in the development of medical cannabis delivery systems, research into medical cannabis treatments and the commercialisation of growing facilities for medical cannabis.

http://www.phytotechmed.com

 

[superauditor]

Re: PYL - Phytotech Medical

What are your thoughts on this investment... at a start price of $0.20, it seems like a safe gamble given the changes in the medical cannabis, it is likely get high !!! (no pun intended)

 

[qldfrog]

Re: PYL - Phytotech Medical

What are your thoughts on this investment... at a start price of $0.20, it seems like a safe gamble given the changes in the medical cannabis, it is likely get high !!! (no pun intended)

i would expect an initial surge ..quite easy to ramp, potential etc etc
then once the fad is gone a slow decline.
I would not buy for long term but could be a nice gamble short term, until reality bring price to match whatever real profit/future can be expected

 

[superauditor]

Re: PYL - Phytotech Medical

I jumped on... glad I did. It is just a matter of time for sale I would think.

 

[Julia]

Re: PYL - Phytotech Medical

What will it do if the current and proposed clinical trials demonstrate no advantage over existing therapy?

It wouldn't then have any hope of being listed on the PBS in Australia at least.

 

[notting]

Re: PYL - Phytotech Medical

Wish I could short it.
There's hundreds of these in the states.
If it got into legal recreational use and it became legal here then it would be a buy.

 

[VSntchr]

Re: PYL - Phytotech Medical

What will it do if the current and proposed clinical trials demonstrate no advantage over existing therapy?
It wouldn't then have any hope of being listed on the PBS in Australia at least.

Wish I could short it.
There's hundreds of these in the states.
If it got into legal recreational use and it became legal here then it would be a buy.

Not that I have really studied this company, but after a quick look it appears they are building a dosing mechanism (commonly known as a vaporiser) for the Israeli market. They are also set to grow proprietary strains of the medicinal plant for the Californian and Uruguayan markets.
So as it stands, they are definitely not entirely exposed to domestic legal reform - however it would clearly benefit them as they will be (presumably) somewhat capitalised and mobilised to take the first mover advantage.

As for the competitive landscape internationally, yes I agree Notting - they will be in a tough race!


But as for the whole notion of this company, I can do nothing but smile :kiffer: and watch the industry evolve.

 

[notting]

Re: PYL - Phytotech Medical

Jesus Christ.
It's off it's brain!
90% today.
Lucks a fortune, I was thinking of asking individuals if they would lend me their shares.
Perhaps now might be a good point to do that.
5 million float is now worth 27 million, what are they smoking?

 

[Tyler Durden]

Re: PYL - Phytotech Medical

Dropped from today's high of 91c to close at 63c.

 

[moXJO]

Re: PYL - Phytotech Medical

Anyone else see the blow up of Ross Smith and Hotcopper. Apparently he has resigned.
Never thought this stock would hit the heights it did.

 

[issh]

Re: PYL - Phytotech Medical

Anyone else see the blow up of Ross Smith and Hotcopper. Apparently he has resigned.
Never thought this stock would hit the heights it did.

haha did you check out the director's Facebook and LinkedIn, absolutely ridiculous

 

[moXJO]

Re: PYL - Phytotech Medical

haha did you check out the director's Facebook and LinkedIn, absolutely ridiculous

Yeah threats to sue hotcopper now.
That Ross Smith lives a wild life, apparently he drove a tractor through the Colonial Brewing pub in Margaret River.
I wonder what will happen now he is out of the picture, surely he provided a lot of drive in selling the stock.

Cashburn and cap raising would be the upcoming question. Still its holding above the issue price and maybe it will be viewed as more legit now it can focus without distraction.
Either way I missed the boat on getting the issue and selling out on the initial pump.

If it all does go to hell the pyl financial reporting can be titled:
Up in Smoke
A guide to where your money went.

 

[System]

On July 31st, 2015, Phytotech Medical Limited (PYL) changed its name and ASX code to MMJ Phytotech Limited (MMJ).

 

[pixel]

wowee! It's really smoking today



Shame we missed it

 

[pixel]

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01674291
Surprise!!! Trading Halt due to capital raising. Who wudda thunk



Where will the new issue be pitched: 30c or 35c?

 

[elisamaree]

Now in May 2016, this stock is still low, currently at 24c. Although they have recently scored 2 international contracts, and now that laws have been passed in Aus, surely these stocks have to be going off soon?? It's a billion dollar industry in the states!! Do you think they're worth investing a few k in?? There's not much more going down from here right? Hehe

 

[Blackzilla89]

Now in May 2016, this stock is still low, currently at 24c. Although they have recently scored 2 international contracts, and now that laws have been passed in Aus, surely these stocks have to be going off soon?? It's a billion dollar industry in the states!! Do you think they're worth investing a few k in?? There's not much more going down from here right? Hehe

I have thrown a feeler out and bought some stocks just want to see what happens I think if these clinical trails do well, which so far the reports indicate there will be an increase in the SP, then hopefully with some movement the volume jumps adding a little more steam to the rise! but at the end of the day to make money you need to take risks, and with governments changing laws all over the world in regards to this field its only going to gain popularity.

 

[Jasemateau]

im optimistic for this stock, if it goes i hope it goes gang busters.

but hell im a purebreed novice, arent we all optimistic in our early trades?

thoughts on MXC?, another pot stock.......

 

[Triathlete]

im optimistic for this stock, if it goes i hope it goes gang busters.

but hell im a purebreed novice, arent we all optimistic in our early trades?

thoughts on MXC?, another pot stock.......

Here is a fundamental analysis comment from stockdoctor...www.lincolnindicators.com.au

and from a technical view not worth buying at the moment either IMO.

Strategic Comment

MXC exhibits unacceptable levels of financial risk due to a below benchmark Financial Health score. Investors need to be aware such companies pose risks and warrant a speculative investment only. Any prospective investment should be managed with tight stop losses implemented.

 

[Jasemateau]

Thanks triathlete. Hmmmmm something to consider.

I bought these 2 as my very first stock trades. Eeeeeek. Money i am not concerned about. Small amounts.

May be off to a bad start....... Willing to ride it out tho.