Tuesday, April 08, 2014 12:04:48 PM
Jim Cramer also said in early February that marijuana stocks were "cult" stocks. Furthermore,
http://www.thestreet.com/story/12301738/1/jim-cramers-live-chat-recap-qa.html
Cramer specific recommendation for a marijuana stock (also just before the tweet) was not CYBK or CYBK's associated ERBB, but another, here
http://www.thestreet.com/story/12314485/1/jim-cramers-6-stocks-in-60-seconds-din-sbux-rht-athn-lulu-gwph.html
In a Feb 24 interview, Jim Cramer told Debra Borchardt that The Street was working on "a terrific index to find out which ones are real and which ones may not be real." That has yet to appear. 'Twill be interesting to learn where CYBK lands in that 'terrific' index.
BTW, the person to really follow, if you want to know about developments in the marijuana sector, seems to be The Street's Debra Borchardt. In this article, for example, she says
http://www.thestreet.com/story/12315179/1/pot-stocks-not-as-green-as-they-seem.html
Ms. Borchardt doesn't name CYBK (whew!) but let's see, with respect to CYBK:
"Most began life in a different line of work" - check
"only recently jumped into cannabis" - check
"They have little cash on hand." - check
"tend to pay bills and settle debts with stock" - check
"Some don't even have a marijuana product yet" - check (or "MJ" software?)
"rapidly approaching bubble heights" - check
Actually, may have been there, done that on that last one! wink
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