Cannonau Corp (CNNC)

[SmellMyFinger]

Still pink current, although no news lately.

[SmellMyFinger]

Been stuck at these levels for a while.

[SmellMyFinger]

"Ask" increased a bit today.

[SmellMyFinger]

Uhm, is this mic on (was years ago)?

[SmellMyFinger]

I guess not. It hit $0.015 yesterday. Ugh.

[SmellMyFinger]

Could $0.02 possibly be the bottom?

[SmellMyFinger]

Still pink current, for whatever that's worth.

[SmellMyFinger]

Could this be the bottom?

[SmellMyFinger]

With elections occurring, legislation could pass soon.

[SmellMyFinger]

When is this sleeping giant going to awaken?

[SmellMyFinger]

Still waiting on this bad boy. Patience, grasshoppers.

[SmellMyFinger]

Any day now... consolidation could end soon.

[SmellMyFinger]

Lower volume than usual, lately. Could get interesting.

[SONARSTOCKZ]

$CNNC Bottom channel. 1st breakout attempt. Price over 100SMA. Increasing OBV. Increasing Momentum. RSI 62

[SmellMyFinger]

Just waiting for legislators to do their thing.

[SmellMyFinger]

Still consolidating, it seems.

[SmellMyFinger]

Legislators decriminalized marijuana. Bullish reversal imminent. $CNNC

[SmellMyFinger]

Smell my finger. It smells like CNNC, y'all.

[SmellMyFinger]

Closed above $0.06 yesterday. Low volume. Reversal imminent.

[SmellMyFinger]

CNNC is legit. Pink current. Website: http://shop.cannonau.biz

[*WARNING*] Anyone who claims a company is a "scam" is most likely a short seller. Short sellers (by definition) sell borrowed stock with the obligation to purchase (or cover) the position later, preferably at a lower cost; the difference becomes their profit, less any associated fees. Therefore, after they short sell a stock, they typically embark on an illegal short and distort campaign. They spread misinformation and rumors in forums, tarnishing the credibility of reputable companies, in order to drive the PPS (price per share) down as low as possible for a cheaper cover. This is especially true in a bear market when sellers control most of the price action. Short sellers are masterful manipulators and skilled in deception, so research and become informed!

Remember that any given stock's PPS does not always reflect the company's legitimacy and value. Conversely, a company's legitimacy and value are not always reflected by the stock's PPS. Consider both factors independently, but realize that they can still be correlative. In other words, a company that is doing well CAN be reflected by the stock's PPS but this doesn't necessarily HAVE to be the case. This is why due diligence is vital!

Regarding CNNC's current price action and PPS, the charts indicate that it has been consolidating for quite some time alongside many other companies within this particular sector. This is arguably due to on-going deliberations involving the U.S. government regarding the legality of cannabis production and distribution. Regarding CNNC as a company, it is pink current and fully compliant with the SEC. CNNC has a working website and sells various products. Based on history, this stock has a habit of laying dormant for lengthy periods of time prior to exploding with high volume well into the multi-dollar range, usually with a stair-step pattern. You don't want to get caught on the wrong side of this sleeping giant!

Note: All of the information contained within this post has been provided for informational purposes only and does not constitute financial advice. Regarding this or any other stock, you solely are responsible for the due diligence necessary to make wise financial decisions. Good luck!

[SmellMyFinger]

Bottom looks to be at around $0.05-$0.06, based on the last year or so.

[SmellMyFinger]

I haven't heard from anyone just yet, but I'm still waiting on this one. My high average necessitates me doing so.

[SmellMyFinger]

Anyone have any recent information on this company?

[SmellMyFinger]

Yes, definitely so in the past. It's been consolidating ever since.

[splintered sunlight]

Bought some - there has been some crazy action in this one - can it happen again?

[SmellMyFinger]

CNNC bagholder here since $2.34/share back in May. I'm curious which average others are stuck at. Also, is this company even still active?

[OmegaMule]

Looks like your W is in

[Aarons]

Right, it’ll form a nice “W” to buy into..

[willlbone]

Nickle.

[Aarons]

What’s your bottom?

[OmegaMule]

Looks like money flow indicator has bottomed out. Question is, how long can it stay there?

[fl_exec]

Looks like bottom is in .... up from here we need some chatter on this board!

[ctb]

I took a few nibbles in the .17's

[willlbone]

Two bit pot stock.

[willlbone]

This Canoe be sinking.
Pot stock bubble has burst.

[aristotelisonassis]

Nobody here anymore? Why the lack of interest? Could spike again today if buying volume continues. $2-3 should come quick. Be ready...

[aristotelisonassis]

Nice breakout today on 500k volume. Bought some starter position here. Looking forward for continuation. Float must be super low.

[DayTraderOG]

Lets have a great Tuesday $CNNC

[DayTraderOG]

https://www.marketwatch.com/press-release/cannonau-corporation-announces-new-cannabis-legal-advisor-2021-05-11?mod=mw_quote_news_seemore

[DayTraderOG]

https://www.marketwatch.com/press-release/cannonau-corporation-announces-new-medical-advisor-2021-05-18-8264314?mod=mw_quote_news_seemore

[DayTraderOG]

Wow $CNNC IS LOOKING STRONG

[DayTraderOG]

Good morning $CNNC

[Golden Cross]

CNNC Now Pink Current

OTCM
https://www.otcmarkets.com/stock/CNNC/disclosure

[BRONSON]

Sorry for the folks that showed up to the party late.
tried to tell a few of my old friends Early on.
made out pretty well Didn't get peak price but good enough. In fact my largest gain in my life from one ticker,
not too bad for a patient 1 year wait slowly averaging my price down.

Still early, just starting to wake up
The shares were seeing has to be company shares let's just hope for the new shareholders they do something good with the money. I'm guessing the company or insiders has at least 10 million cash right now From sale of shares.

Guessing were going to hear some big news pretty soon like they bought out a Establish pot business or acquired one or merge with another company or bought a couple 100 acre pot farm something.

Keep an eye on the market cap when this was trading over 10 this had something crazy like a 4 billion dollar market cap. to sustain that share price shareholders must see some rock solid evidence or proof of value

[bearcat75]

Guess I will get back in at .01

[mariob2]

Can find no reason

[Akitamommy2]

Why did the stock tank today?

[OmegaMule]

Found this on etrade screener. Unique price action. Looks like the stairway to heaven

[OmegaMule]

shop.cannonau.biz

[BRONSON]

Yep sure do,
Always did