New York, NY – May 11, 2016 Wall Street Corner Report continues to cover the progress and performance of North American Cannabis Holdings, Inc. (USMJ). The Company’s trading volume today makes USMJ the most actively traded security on the OTC Markets.
Stock TA has indicated USMJ’s current performance as ‘VERY BULLISH’ based and candlestick analysis.
The Wall Street Corner Report believes USMJ is ripe for a dramatic PPS bounce in reaction to a positive announcement from the Company on progress with the AmeriCanna Cafe. The Company released news yesterday on a $1m real estate backed investment to buildout the first and flagship AmeriCanna Cafe. A follow up release on site specifics or marketing partnerships, for instance, could be the trigger for the bounce.
WALL STREET CORNER REPORT OUTLOOK
The Wall Street Corner Report looks at each company knowing the odds are against its long-term success but knowing fortunes can be made on any company successfully meeting one or two business plan benchmarks along the way even when those one or two benchmarks might not add up to a company becoming the next Berkshire Hathaway. We're not fiendishly 'short' sighted nor are we here to dream the impossibly 'long' dream. We take a practical view on the big ideas of well intentioned management and look to profit on each reasonably achievable step the well intentioned mangers take toward their big ideas.