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Come on, Mr. Prez!!! The people are standing there waiting. And please talk about how this is going to cause the Hemp and CBD industry to soar!!!!!!!
Mitch, you had better be there too and take in some of the glory for our good ole State for pushing this trough.
Excuse my novice questions.
What happens if CVSI is bought out by a big conglomerate? We are forced to sell our stock to the new company and CVSI is dissolved?
Are we granted new shares in the new company?
No matter what happens, do us current stock holders make a killing off of this?
I base those questions on a stock I once owned that in a short time period went from $2.00 a share to over $40 a share and the company was bought out by another. Once the dust settled, I was forced to cash in my stocks (had no choice) for the price it was the day they signed the papers. It was really good for me on the short end of it, but I was very disappointed I couldn't continue to ride the future growth. I could not even buy shares in the new company. It was a private arrangement.
If I'm not mistaken they use the Co2 method of extraction. If I'm wrong, someone correct me please.
I think we have left the $3.00's in the review mirror . . . forever!
I don't want to be a "Debbie Downer", but I want to follow up on my post from yesterday about how all the recent interest rate increases are killing the stock market. I agree that the nation's debt is a major problem, but this from "Money Morning" helps substantiate that the Feds have moved too quickly on rate hikes.
Mike
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There’s a stock market crash just around the corner.
And the trigger – runaway corporate debt – is something few are talking about.
This has been brewing for years, forged from the extraordinary measures taken to dig the economy out of its last mess – the 2008 financial crisis.
And when it strikes, it will cost unprepared investors dearly. That’s why you need to start paying attention to this now.
“Corporates, not consumers or banks, will cause [the] next recession,” Michael Hartnett, Bank of America Merrill Lynch’s chief investment strategist, told clients in a note in September.
One reason you don’t hear too much about the corporate debt crisis is that it sounds dull and hard to understand (there’s some truth to that).
Another reason is that until the past year or so, historically low interest rates had kept the corporate debt crisis at bay. Low rates meant low, affordable payments – even for companies that were loaded with debt.
Years of low rates encouraged companies to use debt to finance everything from stock buybacks to huge corporate merger deals.
But that started to change when the U.S. Federal Reserve began hiking interest rates in 2015 from near-zero to 2.25%. And several more increases are expected next year.
Approximately $3.5 trillion worth of corporate debt will come due in the next three years – which means it will need to either be paid off or refinanced at higher interest rates. As more debt rolls over, the stress on companies’ balance sheets will rise.
That spells trouble for the bond markets, over-leveraged companies – and the stock market.
All I ask is for this stock to go over $5.00 today and that will help me rest easier. Just notch it up by a few cents each day . . .
The biggest economic force in Europe is Germany, and it was just announced they are having a major economic decline. When this happens, usually France and the rest of the surrounding countries also go into the rapid fall. If this crap keeps up, we will be facing a world wide economic crash. The rest of the world could spit and sputter and it would make no difference to us IF the Feds had not tampered with the interest rates. Bad, bad timing on their part. The interest rate on my once 3.2% Business Line of Credit will go from 6.50% to 7.00% after this rate increase. Everything else keeps going UP like utilities, insurance, health costs, etc. The average working man can't survive in this type of volatility.
Just saw on TV where the stock market is having the worst December since 1931. This is being attributed to the Feds and all their interest rate hikes. I think the President has done a great job with the economy and now the Feds are in the process of destroying the complete stock market. I hope he intervenes somehow before the next increase due later this week. Here we have a robust and rocking economy and then interest rate BS comes along and tanks it.
Shameful!!!
The Feds announced they are going to raise interest rates AGAIN this week!
Please, God . . . be kind to us this week. Watch over and protect our CVSI stock and my other POS stocks that are tanking!!! Amen.
I'll never understand the fickleness of the Hemp/CBD/MJ markets. ALL 5 of my stocks have tanked this morning, dropping WAY down! It's like they work in tandem with someone controlling them like pulling strings on a puppet. I SO wanted to wake up this morning and see real nice progress after passing of the FB. Looks like if I'm going to make any money I'll be picking up aluminum cans on the side of the road to sell for recycle.
With the FB going to the House today for sure passage, and the possibility of uplisting, this stock was and is primed to skyrocket. But I'm baffled. With all this to look forward to, why didn't people or entities buy a shitload of this TODAY while the price is relatively down? To me, today was the time to make the big buying moves. This stock should have jumped today to over $6.50. I'm just dumbfounded by such little spark in it. Just doesn't make sense. Why wait until a few days from now to buy when it could be approaching $10 per share?