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Wouldn't surprise me at all. I'm fairly convinced all they're selling is shares at this point.
They would be dumb to do anything else. There is no way 0.25 is sustainable on this stock.
Still holding long, still well in the green here. Your predictions are rarely, if ever, correct. I think I'll continue to ignore them
Thanks for the killer insight! I think I'll just remain long though.
Guarantee smart/big money bought more today
long and strong? at these levels?
Anyone buying at 20 cents and holding long on this turd is going to be in a world of hurt a couple years down the line.
CBIS will never provide meds to any nurse. Pure pump and dump
Medical marijuana has been THRIVING in Colorado and CBIS has done nothing but dilute and release the occasional shady PR.
Just check any recent 10-Q. They had under $500 in cash on their books last 10-Q I believe. Not to mention Melamede has been selling shares pretty heavily since the start of the year. He started selling off shares in the 6-8 cent range
I just really don't like anything about CBIS and feel like its a share selling scam. Only trying to even out the pumpers a bit. It gets a lot of unfounded hype despite having a horrible track record and basically being broke. I guarantee Melamede is not going broke as he runs CBIS into the ground financially...
you bought back in at these levels?
ouch
yes, CBIS will be there, selling shares instead of actually developing good products and making a profit
horrible management and screams of scam. "Products" haven't been proven whatsoever and its questionable 1) if they're even real and 2) if CBIS will even be around long enough for those supposed "products" to ever get approved.
This has been going up on pure hype and apparent insanity. There is literally nothing here but a share selling scam. CBIS has absolutely nothing to do with recreational marijuana and it is very questionable whether they even operate in the medical field. They have zero products while other medical and recreational cannabis businesses are thriving and raking in the dough.
This is going to burn some people really, really hard.
it will be triple zeros eventually, just wait...
nothing here of any value
quite the claim. 3-4 cent range within a week or two seems MUCH more likely
He's making good money off selling shares while he runs the supposed company into the ground. Very shady stuff
Some random, shady online news outlet does not convince me. I like financial results and CBIS has done nothing but bleed cash. Questionable management and likely won't be around 5-10 years from now.
SO misleading to call this stock undervalued. Give me a break
not a good move
wouldn't put it past Ike to try...
There is no way they ever issue a Divy.
I have in the past but mostly just watch it these days. I can understand day trading it with the volatility but it does not strike me as a good long investment at all. I'd love to find a solid, long term play in the cannabis industry buy haven't found the right one yet.
no way does it hold. They will report more losses and dilution next super late quarterly and it will drop back down HARD. There is nothing here but a momentum play pump and dump.
Where is this dividend talk coming from? I really don't see that happening anytime soon(or ever). CBIS has basically no cash whatsoever. How could they possibly afford to issue a dividend?
After you were calling for that easy 500% gain in January, you sold?
Odd...
That looks like a really trustworthy news outlet.....
ehh
good luck...
might need it considering CBIS is (supposedly) in the MEDICAL marijuana business which would mean the CO recreational laws are completely meaningless to them.
I just wonder who's still buying on occasion. I understand selling and writing off the loss but who would buy now? This has literally zero chance of ever recovering.
No one here cares at all about your moronic "analysis". Have you seriously not realized that by now?
You are pretty much always wrong on your calls and have an extremely annoying approach to discussion. Where have you been for the last 2 months as AAPL has gained 20%? Crying as your puts turn worthless?
Pretty insane claim...
They have almost no cash on the books. How exactly would they issue a dividend? With even more debt?
I see 760 million outstanding shares currently. Which would indicate an increase of around 50 million shares since Sept 30th. Dilution definitely doesn't look to be finished yet.
Not at all. They are hurting badly financially - no revenue and selling shares to proceed with operations - never a good sign for the future. There is a lot of banter about how the recreational laws in CO will change everything. I remain extremely skeptical though.
Should've gotten out when it popped early this year. It likely will never see 10 cents again
Apple is so profitable and large that it really doesn't matter all that much what they do with the 290 million.
Just give it up. Hope you didn't get burned too bad on all those poorly timed options...
sweet insight and good luck with that!
Ouch, another terrible 10Q. Diluted even further and nothing but more losses to show for it...
"CASH, END OF PERIOD $462" LOL
Interesting acquisition. Pretty cool technology that is also key to Microsoft's gaming business.
"PrimeSense is the 3-D sensor company whose technology enables Microsoft's Kinect motion sensor."
I could walk into any dispensary in Colorado today and choose from a wide variety of CBD-enriched products. None of which would be produced by CBIS. Says enough for me.