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Re: antferrara1 post# 2953

Friday, 05/15/2015 9:18:10 AM

Friday, May 15, 2015 9:18:10 AM

Post# of 13032
Frankly I am surprised that getting to QB did not do more for this stock. A lot of penny "investors" are watching CANN because it is one of very few stocks that came back to L2 from a suspension. Since many see salvation for their stock in being able to do the same, it must be concerning to see it has had little effect for CANN. The stock traded higher ($10-$20)right after it was suspended!!!

But CANN is following in the footsteps of the other, relatively few that have been able to get a 211 approved in that it actually did little for the pps...contrary to conventional wisdom.

A suspension for a penny stock must be like some 'mark of Cain' in that it can never be erased no matter what. I have yet to see a single otc issue have any sort of success after return from a suspension...but that is only about 5-6 stocks in the last 7 or 8 years.
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