Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Did I read that the courts found HIPP infringed one of Yahoo's patents?
IP was always a long shot. The CO is claiming CFBE by YE, but they've said that before...their time is certainly getting short.
So they paid of Silicon Valley with their new line...now we just need to show some sales growth and exceed CFBE!
It's on the FL ballot in November for full medical...needs 60% to pass and is currently polling in the 80% approval range. We'll see how it turns out come November, but if it passes it'll be huge.
I'd like to buy more, but have lost confidence in the BoD and MGMT. I'd be happy buying a bit higher if they are able to achieve CFBE, but I've been hearing that story for a year + now.
As of now, polling suggests 77% of Floridians are in favor of it...third largest state now.
Not true at all...this is a penny stock and very volatile. It's only prudent to take profits and protect the downside. The more I read your posts the more credibility you lose.
you are 100% correct re: the expiration of the lock up. Until this trades at least a few million shares this is going to be pressured to the downside...at least until they show a path for revenue and CFBE.
Apparently you have a reading comprehension problem. I have 'core' shares and I have 'trading' shares. I trade the trading shares for profit as I see fit and I hold or add to my core shares as I see fit. It has nothing to do with the longer term prospects of the company. This strategy has allowed me to essentially 'derisk' all of my core shares so that my basis is close to $0. It's a great way to make $$ and minimize downside.
You are certainly entitled to your opinion, but so far my strategy has allowed me to almost completely 'derisk' my holdings. Guess we'll just have to see how this all turns out, only time will tell.
it's a penny stock so anything can happen, but so far it's been a pretty profitable trade. Buy sub .09 and sell over .11, however I do hold a good sized 'core' position.
Still here...added a bit more when the price was sub .09.
When is the arb supposed to wrap up?
At this point I'd be happy with them landing a few large new accounts...they really need to start driving revenue growth.
I'll believe that when I see it...
newelong,
please keep up the research and the work you do for this board. I know I greatly appreciate it. Time will tell who is correct, but research and DD are always appreciated.
they are funding themselves with shares right now...if I'm a third party being paid that way I would be selling my shares as well...after all, I'd want to get paid. The fact that all of these shares are being absorbed without cratering the stock price is impressive. Once/if the co can fund themselves off their cash flow the SP will explode higher.
There are 3M+ shares on the ask right now...if it can bust that, it'll retest the HOD
no trades the last few minutes?
There's nothing stopping them from eventually selling out those canceled shares...but until they do that the PPS needs to increase to reflect the decrease in shares. Otherwise the market cap compresses.
It's up for a couple reasons: 1)run up in anticipation of a favorable SC ruling and 2) 7M shares are about to be canceled.
IF they execute the RS it will be in conjunction with an uplisting... just wait for it.
Any one else concerned about the declining volume?
Any one else concerned by the falling volume each day?
no worries my friend...just wanted to sure the correct info was out there.
Wrong...it's already on the ballot for November as we already got the required # of signatures for the ballot initiative. In addition, it survived the FL's AG challenge.
http://www.washingtonpost.com/blogs/govbeat/wp/2014/01/29/medical-marijuana-will-be-on-florida-ballot/
The vote in FL isn't until November...but it will pass then. Multiple polls have been showing 70%+ approval.
Thanks.
This lack of volume is a bit concerning...I'm only seeing 550 shares trading, is everyone else seeing that?
When are they scheduled to release earning / have a CC?
Agreed, 3.3M shares as of 3:30 pm...not too shabby
I would hardly call that a pump and dump...especially when you end the day GREEN.
There were likely bagholders in the low to mid teens that wanted out and todays volume finally gave them that chance. IMO this shakes out weak hands and will allow the SP to trend higher. Any positive news and this thing rockets.
Big volume so far today...anyone know why?
The spike is in response to the SA article...
Outside of a 'core position', everyone should be flipping in order to derisk as we move up and down. There will be plenty of chances to buy in lower then we closed today.
This would be one case where I'd be happy to be wrong!
Might not gap up tomorrow...it's currently down 16% AH.
MGMT never brought it up and they only took 3 bs questions during the call...still no 'color' on the deal with MM.
I have to admit, so far I'm surprised by the strength here. I thought HIPP would be in the .20's for a while considering how poor this last Q turned out to be...
I emailed their IR dept last night and got a short response this morning. All he said was that the 'court removed it from the schedule'. I asked for further clarification, but have not received a response yet.