Over the course of the last 6 weeks, the penny stock of Republic of Texas Brands, Inc. (RTXB) has made their investors tickled pink after climbing from around 0.007 to almost 0.02. Ever since the Company successfully survived their bankruptcy proceedings and squashed a huge portion of their issued and outstanding shares, RTXB stock is due to see another surge of interest hit it today after their name and ticker symbol effectively changes to Totally Hemp Crazy Inc. (THCZ). Now that the marijuana stocks officially have a new player that is focused on the cannabis infused beverage sector, going crazy for some THCZ stock is surely going to make those who are already long a small fortune.
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THCZ Stock Quote
Market Cap: 3.60M
Dollar Volume: $9,664
14-Day RSI: 64.23%
1st Resistance Point: 0.0187
1st Support Level: 0.0161
52Wk High: 0.032
52Wk Low: 0.0021
The name change, effective today, from Republic of Texas Brands to Totally Hemp Crazy should be a cause for some increased interest despite the product line supplied through Cannabis Holdings is only available in Texas or through their Amazon listings. Places like Willy Nelson Cut-n-Putt Pro Shop in Spicewood, TX or Reggae Wings & Things in Garland, TX seem to be places where you wouldn’t think cannabis crazy spenders would be rushing to in order to buy some CHILLO-enrgy drink.
What is exciting is the reduction of issued and outstanding RTXB shares by about 500,000,000 and authorized shares, from 5,000,000,000 to 400,000,000. When the news came out about the share reduction two weeks ago, RTXB stock was already above 0.01, up around 100% since their decline to 0.0051 at the start of June.
THCZ will be recognized now by those traders and novice investors that are still thinking that going long on marijuana stocks is the trend to play with the pocket money they are willing to risk. Seeing as how RTXB had some pretty good runs in the spring, prior to their Chapter 11 bankruptcy filing, now that they’re in the clear with a fresh new face, seeing traders go Totally Trade Crazy for THCZ is as likely as knowing the opening bell is due to bring a large number of investors some huge profits today.
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About THCZ Stock
Totally Hemp Crazy, Inc., through its wholly owned subsidiary, Cannabis-Holdings, is a development stage company determined to become the premier hemp beverage company in the USA.
Issued and Outstanding: 202,433,700
Last 5 Trading Sessions:
It seems like the summer has been dead for marijuana related penny stocks, but actually, the gains are still there, it’s just without the massive amount of volume everyone experienced at the start of the year. The THCZ era commences today and, at just 0.0178, big, double-digit gains are about as much as you can expect to see unless a semi truck full of CHILLO can help crash through the massive 0.03 ceiling that’s sitting up there.