{"id":6319,"date":"2015-07-21T13:11:29","date_gmt":"2015-07-21T13:11:29","guid":{"rendered":"\/?p=6319"},"modified":"2015-07-21T13:39:35","modified_gmt":"2015-07-21T13:39:35","slug":"totally-hemp-crazy-otcmktsthcz-flies-high-on-revenue-news","status":"publish","type":"post","link":"\/articles\/totally-hemp-crazy-otcmktsthcz-flies-high-on-revenue-news\/","title":{"rendered":"Totally Hemp Crazy (OTCMKTS:THCZ) Flies High On Revenue News"},"content":{"rendered":"\n

Totally Hemp Crazy (OTCMKTS:THCZ<\/a>) managed to jump 16.87% on Friday, after announcing that it has made $730 worth of revenues this last quarter. <\/p>\n

It is easy to see why THCZ<\/a>‘s <\/strong>bold statements would excite investors. After all, the the press release did give some pretty impressive figures while recounting THCZ<\/a>‘s <\/strong>myriad achievements to date. It even noted the company’s intention to up-list to a higher tier of the OTC Markets – which is understandable. After all, the boastful <\/strong>figures the company keeps throwing at investors are accurate, THCZ<\/a><\/strong> may indeed outgrow the Pinksheets soon.<\/p>\n

Still, investors should duly note well that until they end up in official audited filing, the numbers that THCZ<\/a> <\/strong>keeps parading will remain unproven.<\/p>\n

As it is now, there is no real way to know whether or not they are accurate – and even if they are, perceptive investors would have probably noticed by now that THCZ<\/a> <\/strong>keeps boasting about revenue, but somehow always fails to mention how said revenue figure translates into profit.<\/p>\n

One thing is certain – Friday’s announcement managed to push THCZ<\/a> <\/strong>explosively up the charts, but its jump was hype-driven, as usual. And, we all know what happens immediately after hyped up tickers lose their thunder – we’ve seen THCZ<\/a><\/strong> crash after multiple such jumps.<\/p>\n

True enough, this time the outcome may actually be different, seeing as how another press release praising THCZ<\/a> <\/strong>hit the web hist minutes ago. However, investors need to take care, as even if said article manages to prolong THCZ<\/a>‘s <\/strong>ascent, there’s still a fair chance that it is just postponing the inevitable crash.<\/p>\n","protected":false},"excerpt":{"rendered":"

Totally Hemp Crazy (OTCMKTS:THCZ) managed to jump 16.87% on Friday, after announcing that it has made $730 worth of revenues this last quarter. It is easy to see why THCZ‘s bold statements would excite...<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1600],"class_list":["post-6319","post","type-post","status-publish","format-standard","hentry","category-news","tag-thcz"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=6319"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6319\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=6319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=6319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=6319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}