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That is a brilliant reply. For me, the trend remains upward. We definitely need some solidification of plans to attack Cali and the growing weed market. Management has the details and we will see it through announcement coming.
Not true at all. AMMJ is a POS. Do not classify with CANN. It's a totally different breed. Based on REAL sector earnings CANN is worth $8 to $10 without forward earnings.
$8. It's a holiday. If it gets back to even. That's huge!
I'm a genius. There's no link. Just my IQ. That might not suffice. But it keeps my account going higher.
The media event plus a feeling. It'll take just one.
Expect announcement next week.
Block buy filled at $3.42. Let's roll!
That article is plagiarism. Look at what Surf and Warlon and myself along with the original gang has been saying for months. More media means more attention for when the real juice comes.
More stoked than ever.
No politician is going to reverse the course of MJ acceptance. Not with nearly 60 percent of the voters and electorate in favor. That would be political suicide. Acceptance is only going to grow. And so will CANN with it.
I appreciate your thoughts for others. But I can't invest in the French or any stock with an X at the end of a ticker symbol.
I respect your post. Enjoy your Labott's Blue Beer, but I'm an American. And American business is what I'm investing in.
Trump is democracy. He may not be the best for the job as president, but he does show that you can win against insurmountable odds. And that my friend, is what makes a capitalistic society the best in the world.
All the best to you.
Three words for you. Found a tion.
Good lord!!!! Who told you that? Van "Whitelash" Jones of CNN? Would you rather have Hillary cutting deals behind the doors from special anal retentive interest groups trying to stop the spread of the spirit plant. I'm on a Vision Quest and the MJ sector is now as much a part of Americana as your mom's over-cooked apple pie.
Try again!
The MJ sector is getting new dollars. But those are going to the most conservative plays. They'll soon see there's far more rewards with just a tad increase in risk with CANN. There's no other company that this platform matched with a strong management team.
CANN had it share of buyers today. No real shorting at all. Let's get these deals sealed!
I like shotgun here. Every village has one. Lmfao.
They are selling on the news of legalization. Nothing more.
CARA is one I spoke briefly of before. Breakout price is $12. Trading range is $5 to $10 which is where CANN should be today. CARA has analyst following and recent quarterly earnings beat the street. Earnings loss did widen but due to late stage R&D.
Company looks good on the flip side of the sector from CANN. It's on the high end of the trading range. If it can break $12 might be able to sustain a run back to $18 again.
My guess is, and it is just a guess, is they will do a full out acquisition or a joint venture to directly take benefit in California or all west coast states including Nevada. Management has already stated IPG will be opening offices in Cali, WA, and OR. I keep thinking it'll be on the grow side with perhaps another green house in Cali. Another thought was getting in on the medicinal side, but someone pointed out that it wouldn't fit the current platform. And a third would be acquiring another protection group.
I do believe they have multiple acquisition targets and deals in the pipeline. With one very close to being completed and even contingent on Cali legalizing. And from reading statements in the recent news release of the financing deal plus the earnings guidance, they are eager to roll and get these deals finalized and in the bag.
One more thought, I strongly believe CANN has stronger financing position and options ready for deals than what we've seen. I think they've got some further private funding or a credit facility readied for any deals that come to the table that provide a shareholder value. They seem very willing and prepared for aggressive growth.
And they are hiring at a brisk pace.
Management certainly is confident. And there's a reason for that.
These are all just opinions and guesses. Time will tell.
Made a killing today. Keeps piling up. How about you? If there's one major thing I've learned on WS in all my years on the floor is that if someone that is constantly badgering other's investment success it is because they themselves suck so bad that they have to hope others fail in order to feel good about themselves.
Stockzoom was here when we were just at .70 cents per share and helped us reach $5.25 in a short amount of time.
Perhaps you're here to send us to $8 or higher just as 'zoom did for us.
Give our regards to Hillary.
Management has been working on this project since 1st quarter of this year. I agree. It's a game changer. That's what I'm watching and readying for.
Of all the times to be right, this is the one. Justification of market capitalization.
CANN has stated they are working on acquisition and expansion initiatives for the fall. Fall is here and winter is near. I'm trying to estimate the timing of the impending next announcement. Perhaps during this event. My guess is the acquisition will double their revenue and that's without adding acceleration of current earnings via present platform.
Management is methodical.
I have a core holding since the beginning that I don't touch. I've tripled my core shares on CANN the last 7 months. All trades on the long side. Never short. I rarely day trade CANN. But when I do, it's aggressive and it's based on an upward trend. I day trade companies like CMG on the short side.
Market scare sent them down at first. The old adage is to sell on good news when you have profits. The state legalization for many was the catalyst that brought the profits. Now traders are looking for the news for the next catalysts to drive them up.
Legalization was huge. It opened tremendous opportunities for MJ. Now they'll be closer looks at which companies can benefit most. That's why my core holding to stay is CANN. Fundamentals and catalysts are there.
Anyone. What's the date for the next media event next week? 16th?
That's always the case with small caps. Shall we get it to big boy level?
Stuck in a trading range of $3.50 to 4.75. I will buy again if below $3.95 around 3:30pm today. I'm looking at a closing pop.
For the record, I was right about the Dow Jones recovering before you could burn a single J.
Shorts are not happening. Borrowed shares are up just a fraction.
Would you short this knows impending news is coming along with the current future prospects being the best they've ever been?
The trend is definitely up and here to stay for the next few months. CANN is perfectly positioned. Always try to benefit from dips triggered by non direct events. I don't day trade this stock because I fear missing a big 2 or 3 point run up that could occur any day at any moment.
I have core holdings in CANN. My first love. Saw drop coming. Sold a small block and bought back $3.60. But here's the kicker. I always buy a little more than I sell. That's how my core holdings keep building.
Overall market scare hurt. It's poised to go up.
Did the video chart predict the California vote? Does it say when acquisition will occur?
CANN''a 2017 revenue growth will jump in a dramatic way. You've now got a business that will have 4 promised quarters of record earnings with consecutive big revenue jumps coming.
Multiple catalysts are including expansion and acquisitions coming soon. This could be announced at next weeks media event.
CANN now has justifiable market cap of easily 4 to 5 times its current value.
It's on!!!
After Trump acceptance speech, Dow futures cuts losses in half. The market will calm and CANN will roll! Truly a historic night in every way.
Pickles - I can talk STOCKS all day, but your post and adding my name in it put me at a loss for words. I'm honored and I mean that as sincerely as possible. Thank you. That's what it's all about. I always kind of thought we were all brothers here. Now you've confirmed it. God bless.
Maybe Nevada is the outlier. 8 of 9 states then from the link posted on here.
The Dow will panic and settle back down within a day or two. The news of all 9 freaking states legalizing will bring more positive news to the industry! People that are investors in the stock market in these states will be learning about MJ and the opportunities in companies like CANN and that'll be something that brings new cash to the sector.
Yes, once the idiotic panic sell stops, you'll see some new eyes turning toward MJ. Just remember, it won't take a lot to drive the sector and our girl CANN up to new levels.
Dang. Those liberal media pollsters are about to be looking for a new career.
Wall Street knows. And the Dow will recover before you finished burning your first legal J in California!!!!!!
Take the chart and insert news into it so that you see why it flows the way it did. It's not technicals either.
They are hedging their bets. Some just positioning for elections.