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Really sketchy stock behavior. Nothings changed. No news. Company still doesn't have a product. No different than 2 years ago. Yet sky rockets. Breathtec, same company, same device... 13 cents.
I know I have been flip flopping. But my current view is that we won't be seeing news for a month or two... chances are this is going to head back down.
Love to hear what others have to think, but now that the pump is done and a lot of the buying power has been withdrawn, today gave me the impression this might drift down.
So it looks like we found some nice support above 40 cents. I am back in, I think this is going to move to 50 cents over the next week or so.
I would be careful. I was surprised to see the floor fall out today where it looked like there was a lot of support. Large volume too and lot's of day traders. After seeing this, my two cents: this could head down a bit before it continues up. I moved into all cash. Will reassess once things stabilize out a bit. Given that we likely won't have news for a bit, and the breakout is over, no point in getting caught on the downswing.
Todays news release says one important thing... that management isn't trying to hold the price back, they are supportive of the run and the pump. Lock and load. 70 cents here we come.
This could run to 70 cents today
ahah the pump is on.
Well, I must say, I am glad to see this pump taking us to higher ground. Hopefully over the next few days we form a new level of support. The pump has begun, and this time it is clear that there is buying power to support the move. I proposed a few posts ago that we would see >50 cents, looks like we could see that in the coming days. Great stuff.
The best part is how predictable this stock is. It flounders for months, and management is cool with that, we all re-lock and load and boom... pump.
Hold on tight, it wouldn't be to surprising for us to exceed 1 dollar in the coming month or two.
Cannabix is closer to pursuing a clinical trial than any other company in the game right now. Lot's of companies will pump there products. At the end of the day, right now, NOBODY has run a clinical trial. That fact alone suggests we have nobody that is close to market.
With that said, Cannabix is closest to pursuing a clinical trial - they are the only company who have stated publicly that they have trial design taking place (and have Huestis, who literally has run the show at high government level with respect to drugged driving).
Let's watch this pump take us above 50 cents this week.
Maybe not Monday, but this week I would guess. Watch the trade tomorrow. I liked what I saw on Friday. It's clear that everyone is ready to see this go on a run, and the company is clearly up for a solid pump.
Some of the people who continuously try and suggest this is heading down, well, they are clearl confused because the slow precipitous decline already happened. The company knew they found bottom a couple weeks back and the time for a run is over the coming months.
This thing is predictable, it's not rocket science. Yost and huestis MAY bring us a working device, that isn't guaranteed, nothing ever is, but at least they bring some credibility and give faith to the average investor.
We all know what is going to happen. Get your shares, make some money in the coming months, and we are all happy.
You're missing the important fact... Cannabix and Yost are one and the same now by virtue of the patent license agreement. Yost got more money to research breath detection of controlled substances. Cannabix has licensing rights to Yost's technology he's using in his lab, which is Mass spec for breath detection of controlled substances. It might not be money directly spent by Cannabix, but the technology and the rest are likely fair game for Cannabix. S*it is heating up. And I can guarantee you the pump is coming.
Lol. No. Did you bother looking at the financials?
Because there is plenty of news in the pipeline and these guys are going to pump the share price. wouldn't be surprised if we push 50 cents in the coming month.
Nobody selling. Seems everyone is ready for this ship to take off with news of a clinical trial, new avenues toward doping testing, new updates on beta 2.0+ and beyond.
We've seen where a good series of pump can take this. Wouldn't be surprised to see 50+ cents by years end with some solid news and promo.
Nice find. I would be cool if you re-posted that as your 10,000th post.
Not a chance. Based on the posts I have been watching. Lest we forget the past two weeks where you were completely wrong in predicting the direction of stock price movement. Oh ya, and you will be wrong over with your prediction of the coming months... I don't think anyone else here would disagree.
Do your DD folks. Things are turning around -->>> The pump is strong, and more research grant money in the group's account = new avenues.
Technically this is looking good. Fundamentals becoming stronger by the day since that last NR. Would say I have more hope for this now than ever before. Yost, Huestis, potential clinical trial to lead the pack of all companies dabbling in this field. Could be some nice coin coming our way if they pump strong.
Important: sensitivity of the internal components of whatever device. Not the physical shape, given the wide market potential in several sectors:
1) Police, Roadside or at the station
2) Prisons
3) Psychiatric Hospitals
4) Schools
5) Workforce
6) MAJOR LEAGUE SPORTS
7) Airports (for pilots, or for passengers)
Key point 1: controlled substance detection with unparalleled sensitivity/accuracy using mass spectrometry (and maybe other controlled substances we have yet to here of, given the Yost lab has been doing that work).
Needed: Clinical trial. Coming soon.
2) Key point 2: physical manifestation of device is not as important as the internal science. They have the patent and the science. They can make it into WHATEVER form the market demand requests.
I think the important thing to realize, with respect to the science here, is that these guys hold the patent for breath detection of controlled substances. The idea of a *hand held breathalyzer* is nice, but it is not the be-all-end-all that most here make it seem to be. The important portion is the sensitivity of the internal components of whatever device they create, which:
1) They have already demonstrated that the internal components are able to detect THC with unparalleled sensitivity/accuracy using mass spectrometry (and maybe other controlled substances we have yet to here of, given the Yost lab has been doing that work). Now they just need a clinical trial for the government to consider.
2) They say that police want a hand held, and that could be true, because it's not rocket science to realize that a handheld would be good for a squad car... however, they could create a device that mounts into the wall of the airport security check, into the office of management at companies, or even at the front door of entry, into the walls of prisons or into security checks... the list is endless. What is important, is that the actually physical manifestation is not as important as the internal science. They have the patent and the science. They can make it into WHATEVER form the market demand requests.
Here are some examples...the market potential here is seriously infinite.
1) Police, Roadside or at the station
2) Prisons
3) Psychiatric Hospitals
4) Schools
5) Workforce
6) MAJOR LEAGUE SPORTS
7) Airports (for pilots, or for passengers)
It's no coincidence that they acquired the patent two days after Yost received that grant. Cannabix is slowly building there brand and this is a huge avenue they can now move down. I like where this is going.
If Cannabix moves into anti-doping with a handheld that could be used by the MLB and NBA and NHL and such, this could get VERYYYY interesting. Breath testing of athlete's using hand held mass spec has never been performed and the industry would likely also be worth billions.
Looking like things will actually heat up for this stock. It's been a long year of ups and downs, but maybe when they start to pump (or continue, depends how you look at the recent news) it's highly likely this thing will take off. It hit much higher share prices on far less worthy news. In fact, of ALL the news I have debated the S*it out of on this board, I would say this news actually suggests that Yost and Huestis (who are ACTUALLY credible) might be able to make us some serious coin here.
Let's wait and see. In the meantime, wouldn't be surprised if this climbed to 40 cents pre-trial announcement. If they are the first company to take a device to a *PROPER* trial, we may see some heavy industry players get in on the action. There is room for more than one company in this game. What gives me hope, is that NOBODY has taken a device through a proper clinical trial (which the government will need data from in order to put something through legislature) and it looks like we will be the first (based on news announcements at this time).
I hope you had shares today. I did, made a ton of money. Was awesome.
Best part... this is going to keep climbing.
Well, you were wrong.
Ya I think you are spot on. There is room for multiple companies to produce a product. At the end of the day, nobody in this chat has any sweet clue who is going to produce the "best" device at the end of the day. Whether it be (a) portability (b) affordability (c) sensitivity and accuracy, etc, etc. Nobody knows.
There are a lot of positives going for Cannabix now and this last news release has my frame of mind changed considerably. Largely because they have come and said they are building a hand held and have improved there sensitivity even more (which is impressive given the previous levels they attained).
I think the only place this will be going is up.
The share price here has held 40 cents when thing were far more uncertain. Should see this climb in the coming weeks. I usually sell on news, but I don't think there is a point in doing so given the likelihood this keeps moving up as we near a handheld and trial.
^transparency.
The two recent news articles have changed the outlook on things. One must update their opinion with new information. Lack of an ability to do so would constitute ignorance, and certainly doesn't equate to "changing opinion daily". It's good to weigh the new info.
The new info gives me hope in Cannabix.
Huestis, Yost, Goldberger, Minister of Justice and in the USA the National Highway Traffic Safety Association...
People can say what they want, but the team is growing and it's looking really awesome. There's room for multiple players in this game, so maybe this will happen after all.
Management might not be a favorite, everyone should give them credit for assembling the team they have. It's the team which is going to make everyone bank. We can ride the pumps along the way to the big prize.
There is so much demand for this device, it is global. The 2 hour detection window is of utmost importance and of course saliva is not collected here.
I have watched very closely the last few PRs and have seen nothing that makes me think friends and family are dumping. Show ANY sort of proof to your claim. They may pump the price and let it drop, but I don't see friends and family playing around each individual PR.
You've posted over 200 times here since July 25th of this year. I've been here since Westpoint Resources (do you even know what that is?). I have spent lots of time arguing one way or another, it all depends on the available information. I always make it clear here what my position is for transparency.
LOL at that post
All of the posts on this board have been COMEDIC over the last week. It's been said before on this board... there is plenty of room for a variety of marijuana breathalyzer's as the market is so huge and the devil will be in the details of the patents (who infringes on who). Cannabix licensed the UFL patent which is a great sign. They also have said their technology is sensitive.
Who gets to market might have an impact, but as of right now, NOBODY has demonstrated a working device. PR is PR until we see a working device. BLOZF isn't toast. Hound Labs isn't "winning". Nobody has s*it until something is ready for sale - roadblocks arise when development and patents are involved and certainly getting through government hurdles (which will take Hound Labs quite a bit of time to do even if they are ready).
As for the trade show over a year ago, the game is changed. There's no more toy guns. Huestis and Yost on board turned this around.
This is actually way better news than I was expecting. Very impressed.
They have two excellent scientists who will collaborate on putting together trial protocols with top government officials AND perhaps most importantly they have reduced the size and will eventually have a hand held. I actually like where this is going.
Yes family will sell @Gold Diggaa, why wouldn't they. Doesn't matter though, this is only going to keep going up from here.
Sounds about right
How exactly do you figure they have "cried wolf" with missed project dates? As far as I am concerned, they have pumped and made the day traders great money, while simultaneously working on a device that undoubtedly requires a long timeline that may succumb to constant adjustments as the product development hits roadblocks.
They will make us great money again in the coming weeks and I wouldn't want to miss out.
It takes time to build a complex product. Regardless of managements pump and dump tactics, you can't hate on Yost.
I would have to argue that the story has got far more legitimate with time... adding Yost and Huestis. Admitting the previous device didn't work and moving onto something new. Further, designing a new product that requires such incredibly complexity surely will mean that deadlines are missed. Will they build a device, I don't know any better than anyone else... could be a massive fridge that's too expensive, or could be the most accurate device ever produced and is purchased internationally. Who knows.
TRUST is a WHOLE DIFFERENT STORY. Trust, that's a conversation people here don't want to have. In fact, I have asked questions of trust and it's made me money. Follow the trends. Up and down.
Pump is coming. Money for all is coming.
Prove it...
News coming in the next 3 weeks.
18-20 cents OK OK OK OK OK