Today is set to be the biggest opportunity for anyone who owns shares in the penny stock of Endexx Corp. (EDXC) to get their highest ask price. With more than 40 participants in the awareness campaign today, EDXC stock could gap to above 0.20 pre-market and sustain that level for an hour or so allowing even for those flipping to see some double-digit gains before lunch. With no cash or revenues in their last financial filing, insiders are going to have a feast selling oregano-like nickel bags to those still thinking there’s een a slight chance that M3Hub will ever be a reliable and compliant medical marijuana management solution.
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EDXC Stock Quote
Market Cap: 18.74M
Wednesday Close: 0.145 ▲ 0.005 (+3.57%)
Dollar Volume: $104,156
Issued and Outstanding: 170,368,729
14-Day Rel Strength: 66.37%
14-Day Stochastic: 82.25%
1st Resistance Point: 0.1533
2nd Resistance Point: 0.1617
1st Support Level: 0.1333
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Since the start of March, Endexx’s EDXC stock has doubled off very little volume traded considering that the stated float is roughly 62 million shares. News of the Company planning to acquire Dispense Labs, LLC, providers of a sophisticated inventory management system and client server-based dispensing machine known as Autospense, is set to put MM’s with blocks for sale on auto-pilot.
Todd Davis, CEO of Endexx Corp., has performed his duties well above average over the last quarter when you consider that EDXC is one of the very few marijuana focused penny stocks that has increased over the last 3 months. As stated in the PR released after the close on Wednesday,:
By incorporating sophisticated software, along with advanced safety and security measures, Autospense is designed and manufactured to dispense medical marijuana while also managing the supply chain. It also provides up-to-the-minute accounting and protects the security of the product, as well as the patient accessing the system. The high-tech machines feature compliance, tracking, accountability, inventory management and a secured client server, all of which were requirements for the M3Hub platform.
Marijuana distribution focused companies stand a much better chance than those who are releasing statements about acquiring acreage for growing cannabis. However, until legislation is worked out that can construct a method for the government and/or the IRS to tax the hell out of weed, EDXC stock is a flippers dream, especially for anyone who already got in on any of the last 40+ trading sessions.
About EDXC Stock
Endexx Corporation is a development stage company which claims to be representing the interest of its shareholders and collaborating with independent software developers, scientists, engineers, and other companies to build businesses that can thrive collectively in the equity markets by recognizing that, individually, small companies with new technologies have an extremely difficult time sustaining themselves as stand-alone companies.
Last 5 Trading Sessions:
EDXC is set to explode today and could be one of the Top 10 Penny Stocks traded come day’s end. Booking profits is the key to trading EDXC stock since Friday will undoubtedly not be able to compete with the attention the shares are set to have today, maybe even for the rest of the year.
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