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Tuesday, 04/08/2014 12:04:48 PM

Tuesday, April 08, 2014 12:04:48 PM

Post# of 96510
Jim Cramer didn't recommend CYBK; he tweeted a MainSt article about it. Given how hot the MJ sector was at that moment, makes sense to tout your own product, "The Street," by tweeting a MainSt article about a hot topic, an article that just happened to mention CYBK.

Jim Cramer also said in early February that marijuana stocks were "cult" stocks. Furthermore,

What's your take on investing in marijuana stocks?

This sector is becoming real hot. The stocks seem sketchy, which is the opposite of companies like Bristol-Myers Squibb (BMY_) or Boeing (BA_). Currently TheStreet and MainStreet are doing a lot of research trying to understand these marijuana companies and their financials. Stay tuned.


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

[name of company not CYBK] "is the most legitimate marijuana stock," Cramer said. Only a small part of the pain relief company is exposed to the marijuana industry, he added, giving investors some diversification. **** jumped 7.2% to $61.85.


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

These stocks are hoping to ride the green rush of marijuana trading following the recent push to legalize marijuana, but investors need to be aware that many are not as green as they seem. These penny pot stocks have very similar stories.

Most began life in a different line of work and only recently jumped into cannabis. It's a hot trend and many investors don't bother to look any further than the name. Some of these companies are serial name changers. They frequently issue shares in the hundreds of millions. They tend to pay bills and settle debts with stock. They have little cash on hand. Some don't even have a marijuana product yet, but investors don't care, as these stocks are rapidly approaching bubble heights.


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