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Yes, I'm showing VTCQ at 6 and MCIG at 17. Do you have something different?
So adding MCIG and VTCQ together, I can now look at my MCIG investment being worth 23 cents a share? We're inching closing to my buy in price haha.
True. Sorry about that, misread on my part.
Nice chunk of volume came through at 17 cents. That's a relief and a great way to end the day.
Yes, patience is going to be key. I'm most interested in the valuation, and ATTBF still looks cheap.
Low volume on a single day isn't a foreshadow of doom, sure. But seeing 20K shares, which accounts for half the volume of the day, suddenly traded at the low of the week is a bit distressing.
Suspiciously low volume for ATTBF today. Something is not right.
There it is. Scottrade corrected the last traded MCIG price to .167 so it must have been an error. Oh well, no real surprise here.
There's not a whole lot of basis to bash ATTBF, especially today. The whole sector, save a few stocks, was in the crapper and ATTBF walked away like a champ with only -1.00%
Np. If you own RSSFF taking a long position in ATTBF is a great hedge.
It was indeed. :)
I don't think enough credit has been given to Mr. Randy Hamdan lately. Wouldn't be surprised if "FITX" as we know it was once upon a time just a small minded collaboration between Bill and Randy that slowly grew into a tremendous selling opportunity. The hype fueled the train that was destined to run out of track and crash. FITX BILL-ievers just kept giving them more track than they originally anticipated.
A recap of a theory I once heard anyway.
Where is any FITX long getting this idea that a license is still coming? Have those people just tuned out to all related FITX news over the past couple quarters or is FITX management pumping out garbage hype on social media again?
"Attbf will have a better year. Bio cubes , Washington lab, my guess is an oregon lab"
ATTBF is poised to have a great year. January of 2015 is probably everyone's last chance to grab shares below 16 cents. Opportunity is still knocking but it's not going to drum on the door forever.
My account shows 22.5 cents as the close too. I was overjoyed for a moment there. I'd guess the open tomorrow is going to revolve around the last bid in the high 16's.
If the inside information is coming from Club RSSFF it's about as reliable as a Bernard Madoff promise to "pay you tomorrow for a hamburger today."
Nick looks better than usual in this photo. Thanks for sharing!!
Hopefully, for the lawyer's sake, he or she collected something upfront. This "lawsuit" is going about as far as Stephen Hawking can pinch hit a baseball.
http://www.newswire.ca/en/story/1468831/nick-brusatore-sues-abattis-and-withrow-for-damages
There's that old saying: "Pride comes before the fall."
But Nick's ego is so outrageous, I wonder if falling is the least of his concerns. He may be drilled to little bits. He challenged ATTBF to a boxing match with a broken arm and a 200 pound delta to his disadvantage. Fine then, jump in the ring and get absolutely pummeled if you must.
Seriously, what a hilarious choice of rhetoric, to boot. Your "good name" Nick? HAHAHA. What a joke.
No need. It's already dead.
Treading lightly with HC is an excellent idea IMO even if that delays the instant gratification we investors would all receive from big announcements. I also recall some situations where Mike probably said too much to some rather cheeky inquirers. He may have learned well from those experiences and wants to play it safe moving forward.
Instead of wasting time pumping FITX, many bagholders could probably recoup some of their losses by researching and investing in other MJ stocks on the way up. The sector is rising again. Let Bill and Randy's dead monster remain buried and move on.
Best of luck. I think you're only prolonging the pain of reality if you're going to continue holding on to some misguided FITX future.
A section from Chris Parry's latest really clarifies the madness behind those that keep touting and pumping FITX.
"FITX stock is now under $0.015, yet still has a market cap higher than Organigram (TSX:V.OGI), which is, you know, an actual license-holding medical marijuana producer with real patients and everything. So either OGI is way undervalued or FITX has a lot further to plummet before it is done."
http://www.stockhouse.com/news/newswire/2015/01/05/medical-marijuana-update-abattis-affinor-legal-update-fitx-gets-even-nuttier
That's fair. It isn't over until it's over, and Barton has attempted (successfully) to resurrect his shell companies before. The right type of concentrated hype could send ANAS higher, but don't go expecting any home runs of a lifetime here. Hype creates short term pops, not enduring positive rates of change.
The FITX hype continues here. Wow. Even after all the billowing evidence every which way pointing to this being an intricate pump and dump scheme orchestrated by the company owners. The rest of the MJ sector is on the move north and FITX will remain a stick in the mud.
I'm not going to insult anyone here that still BILL-ieves in FITX because I feel sorry for you. But please save yourself some future misery and start using a little reason. Really. Just sit down for a few minutes and be honest with yourself about FITX having a future where shareholders are smiling. If you're willing to put forth the open mindedness and research, it'll become quite clear how this stock could have never made it above 5 cents on fundamentals or forward projections alone.
You are looking at a carefully engineered monster created with heaps of insufferable HYPE.
I don't think there was ever any intention to create and sell products long term here. This appears to just be what Ray Barton does. Pretty straight forward timeline.
Hype -- More Hype -- Still More Hype -- SELL -- Leave over 90% holding the bag -- Slow and Painful Death -- Game Over
If everything was so bad and the few outcries against Mike screwing his shareholders reflected the average sentiment, you wouldn't be seeing ATTBF posting green with the rest of the sector. You'd see an exchange of hands. ATTBF would be going down while everything else was rising. Investors would be dumping all their ATTBF to buy into other MJ stocks.
1000 shares haha. Didn't see that. Thanks! :-P
Last bid was 17 cents and we're green as grass today. Nick's distractions will eventually wear off and Abattis will exert its dominance in time. I'm happy to wait.
Wow. I was starting to think I'd never have the opportunity to dump my meager ANAS holdings above .0004.
What's pushing this up? Is Ray trying to revitalize the pump and dump action?
Yes. Abattis Report was attracting a very small viewership anyway. If they have to pull that kind of promotion to safeguard their goodwill with HC, so be it. No real harm done and probably a very smart move.
ATTBF +10% today
Remember how you were going to start buying all those shares below 10 cents? Even 5 cents? You might want to seriously consider settling for 15-18 cents. A little news and new sector optimism can create a blast off at anytime and leave you stranded on the sidelines.
Here's to hoping we scared off the final set of weak hands before the ball was dropped in NYC. I knew tax selling was going to add some pressure in December, but predicting whether or not the momentum would rev up in early January is a crap shoot. A few days of continued strength pushes this back to .20+ easy.
Did you obtain any special info from Mike or Abattis investor relations?
Right. Summarized, I read this as ...
'We understand he's upset, but if he's going to puff out his chest and start throwing rocks, we're going to fire back with guns and rockets."
Thank you and great post.
So much for that fantasy tale that was broadcast as 'P.R.' yesterday being some kind of 'death knell' for ATTBF. Haha. Way to strike back, Mike!
Vancouver, BC / TNW-ACCESSWIRE / December 31, 2014 / Abattis Bioceuticals Corp. (the "Company" or "Abattis") (OTCQX: ATTBF) (CSE: ATT), a specialty biotechnology company with capabilities through its wholly owned subsidiaries of cultivating, licensing and marketing proprietary ingredients, bio-similar compounds, patented equipment and consulting services to medicinal markets in North America, wishes to advise its shareholders that contrary to public assertions made by Vertical Designs Ltd. ("VDL"), Abattis does not consider the parties' worldwide exclusive license agreement ("License") terminated. The company maintains that it is still the exclusive worldwide holder of VDL technology for growing plants, plant material and extracts grown and produced for use as ingredients in the pharmaceutical, neutraceutical, cosmetic and wellness markets. Abattis will challenge any and all efforts by VDL to terminate the License.
....
Read more at http://www.stockhouse.com/news/press-releases/2014/12/31/abattis-maintains-it-is-still-the-worldwide-exclusive-licensee-to-certain-vdl#6ZD4ogDAfWqc3rtc.99
I won't be picking up any RSSFF anytime soon, and that's all I'll say for now about that.
Bought more ATTBF at the delightfully discounted rate of 14 cents. Let's see where we go after the new year. By January EOM I think it's far more likely to see this above .20 than at .10 or below. GLTA!
More Nick shenanigans and EOY selling takes ATTBF back to 13 cents. Fine by me. I've got another buy order in, and would be happy to gobble up more shares between 13 and 14 cents. This whole last quarter has created nothing more than a temporary firesale.
I'm not sure how most posters here prefer to play ATTBF, but at these levels I see a good probability profitable short-term trade or longer term investment.
Short term because this was drastically oversold in a panic, and now that we're starting to see a bottom forming in mid .30's, at the very least we should see a correction soon.
Long term because this is a Canadian company with very capable synergistic subsidiaries, and Canada seems more poised for MJ legalization than the U.S in the next year.
I picked up 3K more ATTBF yesterday at 0.41 and took another 3K at 0.373 again today. Just to be clear, I'm holding long. Not really looking for a quick flip here.
But wasn't that enduring run to 170%+ caused by the Wolf pumping this? I saw others mentioning this a couple weeks ago, but I don't really follow him and never confirmed.