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Getting a bit tired of this pump and dump action the past few days.
Higher today on nice volume. I added 5000 shares and hope it is not a "pump and dump" by the big boys. Good luck all.
When it gets to 10 US we will be there. Right now it has not gotten to its pre-reverse split level.
Thanks. I need 2.5 dollars US to break even and would love a small profit on top of that. I made the investment one year ago November so if I make money at least it will be a long term capital gain. Maybe we will both make out. Good luck.
I agree. I just want to see that reflected in the share price for a change.
Hopefully if their is positive news the stock market will finally give this company its due. So far they have trashed it, I believe very unfairly.
Yeah it seems OGI has had a string of positive news that has not affected PPS. Hopefully this is a case of the baby being throw out with the bathwater as the entire MJ industry has been soft.
I would love to know who the short sellers are manipulating this stock downward. There is no good reason for this.
I don't know but PTN stock price is in the toilet. Is there a problem with the phase III clinical trial of the eye ointment?
This is a very positive report. Hopefully investors will take notice, making 2023 a great year!
Every time this company says boo there is a sell off.
Set by whom?
Well for all of you fans the pre-split price is now just north of 0.50/s. Go for it if you dare. Personally I would not pay 0.05/s for this abomination.
When I first started following this stock the market cap was 4 billion dollars, now it is south of 1 billion. If it was so great just about any company with cash could own it tomorrow. There must be a reason there are no takers.
Quick answer: Until there is tangible proof that anything (ie: written plans, construction permits, building materials purchased, etc.) is in the works then no one with money to invest is going to believe that this is any more credible than anything else these people have said. Not trying to be negative, just realistic, and I do wish all current investors well.
It would also be interesting for them to clearly spell out exactly what role they plan to undertake in any of these agreements. Afterall as stated before they are little more than a "post office box".
I just wrote a note on my calendar to check out CBIS in mid October. I hope you are right. Good luck to you too!
Agreed if you sold over twenty prior to the drop to the current price.
You may be right about a "golden goose", but please explain how this hapless at best, fradulent most likely, supposed company can profit from it.
Sure, just like other posters thought we would bounce from .10, .09, .08 ... Charts, support levels etc. are meaningless for this stock. What we need is 1) tangible evidence
that this company can deliver on anything it has previously
promised, 2) Is in the process of doing so, and 3) a timeline for actual completion. If this does not materialize soon look elsewhere to park your investment dollars.
My point exactly.
A very rich fool.
Yeah, like all the other critically important days that have come and gone. I assume the "charts" are building for a "green day yet again".
Its a miracle it is trading above zero cents!
I believe I was being supportive of Gomez and questioning the other poster for even asking the question. Sorry for being unclear but I agree with you and I am glad I did not buy any shares over the past several months for my own account.
Sorry to butt in but why would Gomez own shares considering what he has been posting? I have been following this story for a while now and admit that it was intriguing at the beginning but quickly lost interest as nothing substantial has ever materialized. Three sets of unsubstantiated photos are not "trials".
.15-.06=.09 or 60%loss, 40%remaining
If you invested $1500 and have $600 left you have 40% of your money left and have lost 60%, not 150%. Aliquot is correct in that you can only lose a maximum of %100 or all of your money.
Unfortunately the dreamers do not seem to comprehend what it takes to build the infrastructure to test, get approval, manufacture, and market products of this nature. PRs, a PO box, and 5K in the bank will not do it.
I'm not the only one, but GL anyway.
You betcha!
Not a problem. Just tap into a story that is popular with a lot of people, make up some nonsense about how your new penny stock company will accomplish their goals and voila bonuses for you!
I get that, but I just do not see where any new money will come from right now to give the support you mentioned.
Who are you asking to support this stock? There are very few believers right now and they seem tapped out.
Look if you have a comment about my actual post fine, but don't counter with nonsense. I was pointing out that investing in a new theraputic direction like cannabis requires diversification and more thought than just throwing your money at one questionable company.
Best wishes.
How do you know any will go to CBIS or some other company. If one has strong feelings about this sector a prudent strategy would be to invest accross the whole sector and not put all of ones hopes on one company. I wish you well in your choices but be wise about them.
Rather than looking at charts of past market action you may need to accept that people are losing their faith that CBIS is viable. This does not mean that cannabis based therapy is dead, only that this may not be the way to invest in it.
I hate to bring this up but if there is a profit to be made from using cannabis and it is legalized...what is there to stop a huge company like Merck from coming in and trampling all the competition including our favorite CBIS. Just a point to ponder.
In hindsight would it not have been better to build up company infrastructure with the initial monies collected from investors and then hype a product that was in hand? It appears they have gotten a lot of well meaning people excited and have little (5K in the bank and a story) to show for it.