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Fair enough. It was up on news today, for sure. So, assuming we don't have any alarming revelations tomorrow in the a.m., I can easily see this bobbling between 0.24 and 0.26.
It's possible that 3 days of pure green rocket fuel creates a frenzy and we keep flying, but I don't want to go in to tomorrow with those expectations.
Yes. I didn't like what I was seeing there for a while either, but looks like ATTBF held it's ground at 0.24 and ATT (CSE) at 0.325. Strong finish is in the books after all.
There were 166,000 shares on the ask at 0.245, and they've all been eaten alive.. Some pretty quick gobbling.
IMO if Northern Vine Labs opens this month, as they stated it would in today's news, ATTBF will have no trouble marching higher.
HOD on US OTC and Canadian side. Pushing higher. Strong signals we're closing above 0.25 today.
The ATTBF good ol' boys and gals.. that's us :)
BTW, this pop into 0.20's has put me up quite a bit. That's after buying as high as the 0.80's 3 years ago and then stocking up between a few pennies and 0.13 along the way.
I just got more at 0.24.. and it actually pushed my average cost up. Weird feeling, but these are exciting times.
Yep, I trust you've been enjoying the ride as much as me so far? Took a lot of patience to get here..
I rarely say this, because it's commonly overused when dealing with penny stocks, but ATTBF really is a "know what you own" type of play. Yes, they've had their disappointments over the last few years, but research the industry, the evolving legislation, and the opportunity with Northern Vine, and just on investor excitement and word of mouth alone, this has the potential to shoot to $0.40-0.50 very quickly.
It finished on the high of the day on both CSE and OTC side. Very nice!
Haha I know.. "Our little ATTBF is growing up so fast!" *sniff
Well that's that.. we busted through the mid teens support. No guarantees, but this should really have no trouble making it's way to 0.20's. And the volume confirmation is thick as concrete. What an uplifting day!
Ladies and gentlemen - congratulations! We just broke a 3-year record in ATTBF volume with 3.1M+.. and it's still going with about an hour of trading to go. She's definitely awake and moving, and the confirmation is there for all to see..
Right? Not without more news probably.. really hoping we have something, anything, by next week
Yes, I am loving the looks of this chart. Recent volume bars look like skyscrapers standing next to 3-story apartment buildings on the left, when you compare the rest of the day's volume up to this point :)
Big buys, higher highs.. hoping we can bust into 0.20's sooner than later and set up some new support.
Okay.. I'm now convinced something is really shaking up here.
I honestly can't even keep up with all of it today.. there's all sorts of Abattis info popping up left and right wherever I go. Apparently, the "Northern Vine Labs" twitter account is going into active mode. Lots of posts there today. This one especially caught my eye:
NVL seeks to become the premier analytical testing laboratory and research and development partner to the legal cannabis industry in Canada.
Orders are really building between 0.165 - 0.17. Word may be getting out. As well it should.
I think there's going to be some misunderstandings with this, so here's an important point.
Abattis is listed twice, as ATTBF and ATT on CSE, on the biotechnology sector page of The Marijuana Index. So, in that regard, they have been added to a page of The Marijuana Index, yes, but they are not a selected company that composes the index itself. Look at the 3 indexes on the main page to confirm.
And that makes sense, as they don't even meet the guidelines just yet:
Selected companies must meet stringent trading guidelines including having a minimum market capitalization of $30 million and daily trading volumes of above $400K.
Touching on what we discussed earlier this week..
VANCOUVER, BC / ACCESSWIRE / April 6, 2017 / Abattis Bioceuticals Corp. (ATTBF) (CSE:ATT) (the "Company" or "Abattis"), is pleased to announce it has officially been added to The Marijuana Index, within the Biotechnology sector.
The North American Marijuana Index tracks the leading public cannabis companies operating in the United States and Canada and gives investors up to date, centralized news on the securities deemed to be well positioned within the multi-billion dollar cannabis industry. Selected companies must meet stringent trading guidelines including having a minimum market capitalization of $30 million and daily trading volumes of above $400K.
"We are delighted to have Abattis added to the The Marijuana Index and look forward to sharing our story with investors closely tracking this exciting sector," stated Abattis CFO, Rene David. "As we approach sector legalization, we'll start to see markets broaden their reach from the closely covered cultivation and growing players to those advancing the technology and biosciences side of the cannabis industry," added Mr. David.
Abattis' subsidiary Northern Vine Labs is set to open its doors this month and will legally be able to test dried plant products, extracts, derivatives and edibles for licensed producers and patients under the ACMPR regulatory framework. Management will continue to provide timely updates on these developments in the coming weeks.
She's climbing.. I'd guess news that Northern Vine is open for business pops this to $0.20+ pretty easily. Wouldn't be surprised to see a slow drip of updates from Abattis over the course of the next week, and although I wouldn't count on it, those teasers alone could take us to 0.20.
They'll probably have to announce some clients before we see much higher than the 0.20's though.
Yeah at $11.30 a share, that rate is 5.3%. Considering their pattern has been to pay out a special dividend at the end of each year, based on earnings, it could rise to 6-7%.
Not going anywhere fast if people are going to start selling off in the 2's.. come on folks..
I just viewed the source code from the home page. That's a custom site. Very unlikely someone just whipped this up overnight.. or even over the course of a couple days. Do you know anything else about this?
Also tried the contact links on the site. Kept running into this:
http://abattis.club/coming-soon
This page is not ready quite yet.
Please check back with us soon. We appreciate your patience!
Well, I certainly can't say the MM's are completely blameless, because quite frankly I have no idea with this one. But I don't think that's why we've seen multiple 0.02 to 0.05+ trips. I still think third-party promoters are primarily responsible for the fluctuations.. with the sharp buys come the sudden sells.
News or not, 0.024 support is pretty strong. I'll admit, I'm impressed it's held up successfully as many times as it already has. I was eyeing the 0.019-0.02 level as well, but it appears it's blocked off at the moment..
Adrian is supposedly associated with other triple 0 stocks that are stuck at 0.0001, and people are irritated because they expected those stocks to go much higher. That's what I was getting out of it anyways. Whether Adrian came out with crazy hype and promises to justify the finger pointing, or if these other triple 0's are in anyway related to ARNH? That has yet to be explained if it's the case..
Meanwhile Tesla just passed up Ford's market cap. What a joke! I don't normally short stocks, but it's so tempting to take the dangling carrot here, short TSLA, and buy more F.
Let's hope David has something of substance to announce and soon.. otherwise, ARNH has a one-way ticket to POS 1's land
It's there alright. Here's also the amendment of the Articles of Incorporation, which names David Failla as the new CEO:
http://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2017%5C0403%5C00087733.Tif&documentNumber=P97000092145
"Official stop sign"? Where are you seeing this on the OTC Market site?
Watching the CSE at all? CSE: ATT is bouncing all over the place.. a total rubber ball. From 0.20 to 0.22, back down again and who knows where next.. Those 0.014's through ATTBF are kind of ridiculous, surprised someone is willing to part ways with their shares for mid 0.014's when the Canadian pps is holding above the 0.15 USD equivalent (i.e. 0.20)
Ok, so seems pretty clear that new resistance on the OTC (ATTBF) is actually 0.17. Fine by me, I it pegged around 0.15-0.16 earlier, but looks like it moved up a leg. Any finish between 0.16 and 0.17 is excellent.
Retest of support at 0.024 yet again. Holding for now.
Nice. Looks like nearly 2M shares were picked up in high 0.15's - 0.16's. Then it's tapered off, as some clumsy swing traders insisted on taking profits asap. Less than 100K sends it back to 0.14's. Won't be surprised to see that turn around soon enough though.
Truck recalls and unimpressive sales numbers for March. Hello low 11's. Anyone picking up more at these levels?
Someone got lucky early this morning and picked some up at 0.0002, but other than that, looks like ARNH shot to 0.0004 and hasn't wavered since. 40M+ in the 4's. It's attracting some money, 0.0005's are on the menu..
I don't know what Otiko wants to patent. Is it the same delivery system that is protected today while he believes it's not protected? Is it a product based on the Phillips/Keough patent-pending delivery system? Is he creating a unique delivery system?
Okay, that's the part I'm cloudy on. So, you're saying Otiko can't attempt to patent another "delivery system" to use with Viabecline, because the system in place already has a pending patent and the licensed product relies upon that system?
So, essentially Dr. Otiko is attempting to patent a delivery system that relies upon another entity's product via a non-exclusive license agreement. Is that a fair shortened version? I want to make sure we're all on the same page.
So if Adrian McKenzie is the "man behind the curtains" with ARNH, what exactly are you saying he's about to do? What are the signs? What should we look for?
Thank you for the invite, Goodbuddy.
Ok, so.. AMFE financials certainly look more impressive than the average pinky, for sure. I think, earlier when I was reading, it was 0.0004 EPS last quarter right? Also like the stock repurchasing in Feb bringing this from almost 800M O/S to 421M. Looks like even now it's only 444M.
Just think the chart is kinda shaky at the moment. What rises quickly tends to have a pullback, and with pinkies, they're sharp. I'll keep on eye on this one.