the problem with their cash is they keep buying ships with it which in the current economic climate are near worthless the moment they leave the shipyard

buying now makes no sense. wait ONE week if you really really really want to buy, one lousy week.

the same report is filed every week.

the dividend is like 3 cents.

why would any short seller care about paying 3 cents if the stock is dropping 20 cents PER DAY. that dividend-thing scaring shorts is the most ridiculous thing i've ever heard.

so are you in fact saying the CEO, the former CFO, the former CEO, the major shareholder, who are all dumping their shares, are in fact not so smart traders? and you, picking up all of their shares, paying for their pension on the caribeans (at their age, they could use one) are in fact a "smart" trader? could you explain to me again what you think "smart" actually means? because from where i'm standing, you're not the smart one, but they are.

and those "smart" traders again are buying shares directly from the dumping CEO. New insider sales filing today after hours. That float is getting bigger by the day...

insiders ROLLING over themselves to sell now. today two more filings, the former CFO is dumping, the CEO is dumping, they just can't believe the price they're getting and how stupid this market can be.

ok. so "trading penny stocks" in your book is keep shouting a stock is going to 20 approximately 5 times per day since october 2016, even though the stock hasn't moved an inch closer to 20 in all that time?

you keep looking at that chart and keep buying, while CEO Tobias just announced he unloaded another 10K worth of stock. by all means, keep buying his shares.

for what is it? the first time in about ten trading days?

and how is this relevant to CBDS again? they don't do anything after all.

or Option D: they are only so many suckers willing to put their hard earned money into a scam like this. Insiders keep selling and selling and selling, increasing the float every month. At some point you run out of suckers willing to absord ever more additional shares hitting the market.

Obviously, that's not a fixed state, it could temporarily go up again. But with every insider sale (even if they're small: they happen so ridiculously often they do add up), you have continous momentum dragging down the price, and absolutely no fundamentals supporting it.

Every month the buying effort needed to take up or even maintain the current share price increases. while the effort needed to take it down decreases. there's very little CBDS can do to actually change this. it's not a real company after all: they'll never be able to deliver a revenue surprise, a profit surprise, being taken over, whatever, as they don't actually do anything.

Party time! Another 1,25 million shares issued to KUSH yesterday. That's another 10 million dollar in market cap added just like that. Keep that dilution train going guys!

Why? Based on what?

you think? the stock was at 4? what did you think make it fall? and you really think they're done now with 148K volume a day?

And you guessed it, another insider sale!! Mike Gravel just cashed out 49.000 shares for a cool 400K. Just keep buying guys, you're the only one believing this isn't a scam, even management is trying to get out, upping their dumping speed.

do you guys actually read SEC-filings? Hint: it's all about warrants.

And again more insiders sales. see Friday's filing. this stock is so retarded.

it's a pump and dump. it goes up and up and up, and one day you'll wake up and you lost it all.

because this isn't even a weed company, but a 100% scam perhaps? they could legalize cannabis all over the world, and CBDS would still just be insiders selling stock and 1500 dollar revenue a month, like it is now.

there is no $ 1.50 floor. there's a $ 1.00 floor. however, the agreement also states that if kalani and drys both agree, they are allowed to wait that floor. obviously they will do that, they can dilute at whatever price they want, regardless of any RS.

only 8 for 1. i'm a bit disappointed in GE. if he would have waited until the offering had finished, he could have done a 100 for 1, left very littke shares outstanding, and we could have seen a repeat. now now though.

well, to be fair, their SEC-filings are the only thing you CAN trust. their filings scream: "stay away, we are going to dilute you until you lost every cent", the problem is some people just don't want to hear.

i can imagine why they would be in a hurry.

they can't believe their luck anyone is still buying the flood of shares they're releasing each and every day. if at some point the buying stops, the share price will collapse. kalani needs bagholders, without bagholders they can't sell.

why? kalani is about 40% done with selling shares. when they started selling the DRYS share price was what? 4? 4,5? 5? It's now 2$. They still have 60% to go and the lower the share price goes, the more shares will be issued. So, let's take bets where the share price will be when the offering ends. $0.75? $0.50? $0.25?

well the good thing about that volume is that probably means another 3-5M new shares out the door.

who knows what Morgan Stanley did, for who and why, they could have been hedging for all I know. you are really going to keep bringing up Morgan Stanley all the way down to zero?

i don't see the relevance? until the next reverse split, DRYS has huge, huge float, which is getting bigger every day.

it's hard for me to understand how you can write such a long apparently well-informed post, but seem to so grossly underestimate the destructive effect of dilution. until the offering is done, this stock is rigged to the downside. it will spike a bit one or two days, but all the buying power will be absorded by millions and millions and millions of new shares being sold in the market. every ratio (like book value) will be diluted, you cannot run an analysis on this. and it's a cycle, the lower the share price goes, the more shares will be issued. DRYS will emerge out of this offering with hundreds of millions of shares, mark my words.

after the offering is done, and we will probably have had a reverse split along the way somewhere, then you and me can sit down and talk book value. then you can be bullish on the company as such, until the next offering at least.

until that point talking fundamentals is a waste of time. this stock is rigged in the worst possible way, and can only go down.

insiders selling every single day now. another filing just came in.

Today another round of free shares for management for doing nothing, per the latest SEC filings. Hurray!

dilution is 9 million shares. this thing trades 1-2M a day, you are * maybe * able to dilute 100-200K a day, absolute max. no way this is done, they're just getting started.

the DEA checks whether the facility is OK. if it is, they approve the application. they don't check financials, management background, they didn't check the 9M warrants that could be dumped in the market at any moment.

the DEA doesn't care if the share price is 0.00001 or 1000, they check if the application form is filled in correctly.

it's a scam, because there's a huge overhang of warrants that will be dumped when the sec-filing is declared effective. and about the time that's supposed to happen there's a 100K 30-day pump through newsletters. it's a scam, because the assets were never bought, but existing assets are suddenly out of the blue a potential medicine because on cannabis extract, curiously right at the very moment that area is gaining traction among investors.

vbio will need many years and tens of millions of dollars to come anywahere near realizing revenues, i'm not sure you guys realize this. half the people posting here think vbio sells cannabis products! on top of this, vbio desperately needs cash. while the previous financing hasn't even hit the market yet, they need a new one in the next couple of months. they need you guys to create this bubble so they can live another 6 months/

do you even know what VBIO does?

they "say" they're a cannabis biotech. their "assets" are pre-clinical, and need tens of millions of dollar in getting them through FDA approved trials. even if VBIO isn't a scam (which it is), there will be no serious revenue until 2020-2021 at the earliest.

or MM's are taking it down because the heavy dilution is finally coming in and they've got millions of shares they need to unload.

don't worry, i don't want to get in "cheap". i'm trying to warn you guys for the imminent dump, i'm sure you noticed the 30-day paid promo (100K paid by a "third party") ends any day now.

yeah BS news, that's what I said.

so why do you think this is up? because of the BS news they been releasing? because of management which has run several pump & dumps before? because a company that decided somewhere this year it wants to be a cannabis company out of the blue, with only pre-clinical "assets" (and those "" are not by mistake), is actually worth tens of millions?

yeah i know, but it's about what you can trade, not about how much is outstanding. look at the volumes and you'll notice most of axim's OS is locked up (which makes AXIM riduclously overvalued btw, but that's not my point). Also, AXIM didn't just complete an offering. VBIO's float is very clearly wide open.

The warrant holders now have the liquditity to sell those 8 million shares (why wouldn't they? they paid for this pump after all). When volumes goes down, it will be too late for them. They're the ones who'll set the top on this thing, not the market like in AXIM.

no it can't. AXIM was very illiquid going up because the float wasn't that big. VBIO's float is much bigger and will get increased even more over the next few months another couple of million new shares will be issued, as there are 8 million warrants outstanding at 10 cents. you do the math what will happen when 8 million shares are dumped in this market.