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Well, I can throw out all the charts and start over haha. I really didn't think ATTBF would fall this fast again. Maybe part of this is panic from people that bought in within the last couple months. But what does it matter, if ATTBF is going to keep twirling those thumbs. Sorry all, I was really hoping for better than this.
Regarding some of the other comments on here...
Mike Withrow was a dunce. I'm glad he's gone.
Rene David kept it alive, but yes, if you read through the disclosures, you'll see he has plenty of incentive for doing so.
Feel free to let me know what you discover along the way. Keep in mind, the media and journalists from every walk of life are going to cover the uncertain future of MJ in the US, adding in their own twists, because it's a hot topic that can be used to create a lot of drama and fear. Drama and fear equals money.
Trump's code of ethics seems to strictly revolve around economics. If it's good long term for American business and the U.S. dollar, he'll jump right in. Again, I know he's flying under the GOP flag and will be obligated to sneer at MJ from time to time. But common sense should tell him that angering a large population and taking a big step backward in legal tolerance could prove to be an inexcusable missed opportunity. Canada pushes forward, driving innovation in this new industry, while the U.S. waves their finger in shame, sits in the dust, and misses out on several billions of dollars? Whether he can openly admit it or not for political reasons, Trump must be cringing inside at the thought of this.
I don't own enough shares to make that kind of difference. How about you? Do you own 100K's to millions of shares?
I just hope there's some good news about the filings out by next Monday. It's one thing to be this late, and another to publicly admit it, note that you're making progress, and then give the impression that you're just twirling your thumbs...
I'm long, and been so for years, and yes, maybe my impatience is finally coming out. But let's face it, we're getting sick and tired of tapping our foot and waiting around. At least I'm honest? :)
Right and great post FWIW. Too many emotional thrill seekers and gamblers in this stock and it's all too easy to spot them.
IMO people need to forget about OW@P or another mystery XYZ stock that shot up 10000% and analyze VDRM on it's own. We all know the right stock can shoot to the moon, but it doesn't matter what another stock did. That's in the past. Know what you own and if you're in the short-term, do everything in your power to put your mind in a position to trade systematically, not emotionally.
I'm just not buying or sweating that, and I'll explain why best I can. We'll stick to the article, and first take a look at this:
Hmm, by "could be granted anytime," you may be very right...
Right, those are my thoughts too. Perhaps the bigger picture. Dr. Otika's story sounds believable and sincere. He wants to make a difference and has some experience to back it up. So, in the end, even if his products are worth less than fool's gold due to barriers to entry, regulation, or lack of interest in the market, if he starts taking the stage and building up excitement, guess where this stock is going? Fill up a new balloon with helium, and there's your answer :)
Agree. Looking for it to stabilize and then may buy in.
Some weird dumps and buys with this one, but the curve is flattening out and NTCXF may have found some support around 0.17. Curious to see where we finish off tomorrow.
Peeked into the green on the US OTC side for a second...
Could be and hope so. Bid creeping back up to $0.16.
"The Big 4." Yep, I like that. These are definitely good stocks to use as a gauge for how the industry itself is performing on a given day. It's no Dow Jones, but still generally a helpful snapshot.
Yikes! ERFB? Don't get me wrong, I'm worried that buying in to VDRM is trying to catch a falling knife, but I sure like the trends and product concepts for VDRM better. VDRM also doesn't have a black eye from SEC sanctions either. Just saying....
Well it's hard to stay between $0.16-0.17 when someone comes along and dumps almost 400K shares in 20 minutes. Ugly day.
They are going for the modern flat design, which does give visitors a better experience. The Wix site builder can help you produce a minimalist, easily navigable site very quickly. The only concern is this may come across as too simple or generic in time. I have a feeling that within a few years, some of these Wix templates and features will be like using a default template on Wordpress.org. In other words, everyone will know you used a very simple build-it tool. That doesn't have to be such a terrible thing, I'm just saying...
Right, there's a very thin amount of content on that site. It's a little surprising they pushed that site live with so little info, but one thing I've learned is that a website is never technically "finished." A good company on top of their game is always updating, revising, improving functionality, and removing outdated or unneeded content on a website.
Interesting perspective you have there, thanks. I confess I know little about the dried fruit business in B.C., but I do recall seeing plenty of such products while in China. The Chinese culture values nutrition and therapy more than the Americas, so it seems like a ripe market for bioceuticals.
I made it very clear VDRM could go anywhere tomorrow. The rest is just a guess. If you want me to state it's going to shoot to the moon and stay green forever, sorry. Get your feel-good pumps elsewhere. If you think any and all predictions are as useless as a car with 3 wheels, hmm, we can almost agree on that.
Hehe don't delude yourself buddy. It's cute and fun to play otherwise, I get it, but no one here knows where this is going tomorrow for sure, unless they're privy to inside information... and anyone with that kind of information isn't going to waste their time posting about their omniscience here.
Completely depends on your buy-in level(s), current unrealized gains, and risk tolerance. I'm only basing my loose projections on how I've been witnessing a lot of these pinky rocket ships take off and trade 1-2 days later. Really, this could go anywhere.
I'd guess this opens between 10-20% higher than today's close. If there's enough fuel, it may even spike to 9-10 cents. Within 2-3 hours, you'll start to see some profit taking. Don't be surprised to see a return to 5, even lower. Where it goes from there? Could be anywhere, sharply up or down. GL.
GR, you may be right about the acquisition. I'd rather that be the case and explanation for the painful delay then my suspicions that management was ready to essentially throw in the towel. Agree, it's not really excusable either way, and they should have been ready for this.
Nice one. Not quite sure I want to get involved with VDRM yet, but keeping an open mind.
Did anyone here actually buy VDRM above a nickel today? And I'm talking more than $500 worth....
This will probably finish much closer to (if not below) $1.50 than $2.00 today. But GL all the same. :)
What a crazy ride. Congrats, especially to those who bought in the single pennies. Looks like it wants to return to $1.50 or less though.
I'm expecting another rise at some point, sure. Still holding and most of my ATTBF shares are from the crazy 2014 era.
I still believe Rene David et al were shrugging their shoulders in 2016 and preparing for this company to rot away before Northern Vine's license gave the company a reason to survive. That's the reason the financial reporting was left in shambles, and they're dealing with this mess today. Why groom a corpse that's about to be thrown into the ground without a funeral? Pure speculation, but let's face it, until last autumn, this company pretty much had nothing going for it.
Right. And this market especially has a limited supply of speculators. We've got some phenomenal MJ rockets that have taken off lately and I'd guess some traders are taking money out of the longer-term co's to play the chasing game.
There's plenty of aspects of ATTBF that keep me enthusiastic, but from time to time, their laggard approach with some fundamentals to remaining a respected company make me shake my head. Still no filings, and not even an update. I would have at least expected that by now.
Hope so. This has been a very unimpressive week for all MJ stocks I hold with a long-term positive outlook. Go figure right?
Neither do I, and I wish they'd quit lollygagging around with this:
guay, this is interesting, no doubt. Thanks for posting. But I consider myself very technical, and it didn't take me very long to notice a couple things. First of all, this is just a very simple WIX site. It's the equivalent of a Generation Y learning MS Word. In other words, anyone can do it and use it to create a basic site. Secondly, information on this site is very sparse right now. I hope they have more to add sooner than later.
Nothing all that exciting today, but I like seeing it hover between 0.18 and 0.20. Moving closer to spring with a little good news on the side could take us higher any time.
Target price: $4.03 (CAD)? Ok, let's do this.
Excellent review with links, thank you.
Okay, so in the past few months, we're looking at a little more than 3M from PP. Fine, let management and employees have their 2.5M in options, and hopefully it's more of a motivational instrument than a consequence of entitlement.
I'm showing O/S of about 66M. Maybe that's not updated and there's additional options and warrants to consider, I'm not sure. 3M in recent PP isn't unreasonable in this case. It comes down to future financing, and as TRUTH implied, there comes a reasonable limit to where you need to halt the private placement printing press.
Right, no action today. But look on the bright side. It gives Abattis management an extra day to work on CSE compliance while the market stays silent. If that's a bright side.. :)
Interesting find. Pretty much sums it up, though I don't think the trader in that video will be the only one looking to pick up more in the low 0.20's if this starts out strong enough on Monday. Anything could happen though, especially with a little reassurance about those filings..
This is the second time I've heard about a -100% value being placed on Abattis shares in a client's online portfolio, and I said the same thing. Poor programming or software implementation, most likely. The last thing you want to do is allow errors that could cause a client to panic or worry that they've just lost an entire investment.
We've been discussing that on and off since Feb 6, and there's just some loose theories. No one really knows, and it was very unexpected. I'm sure there's a reason, but it probably won't become known until at least after trading on CSE resumes.