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I wonder how high the operating costs will be.
I'm still learning though, so I apologize for my ignorance.
I figured that 11.5 million weren't added today, but there were definitely a bunch added. The recent drop can be explained by dilution.
Market cap will still be pretty low for what this company is capable of. More shares allow more liquidity. Hard to trade when the volume sucks. 15% a day from now til the end of Friday gets GBLX at 2.90. Not out of the realm of possibility considering the greatness of the special use permit news. I just hope today didn't scare anyone away.
Well, I'm still not selling. The growth is just gonna be less than I had originally planned for. I don't think $3 is unreasonable for the end of the week.
Well no wonder things went to shit today. 11.5 million shares were added
It was most certainly not a nice day today. The price closed below the open. The only good thing is that the price dropped enough for me to get more shares. I still feel good about this week, but I was super disappointed the the price didn't hold.
I want to buy even more, but with the way things went today. I'm not sure
bid 1.77 ask 1.80 then it sells for 1.75. I don't know whether to laugh or be angry
Don't know why anybody wouldn't hold. Prior to today it was oversold anyway, and then getting great news on top of it... WTF
I want to murder people
Somebody is working their butt off to short this
2 hours to go. Time to move back up. 2.20 eod imo
Do you think it drops more or is this the bottom?
This is fantastic. I got out Thursday and now I really want to buy back in tomorrow. More shares for me then :)
Bought the dip. The ride back up is gonna be fantastic! :)
I'm excited to take a position in GBLX tomorrow morning! Great news with them securing the special use permit.
I just found out about this company. It needs more publicity/ awareness
Just found out about this company. I'm going to do some DD and probably invest. Just thought I'd say howdy
It's kind of a shame that legit companies get screwed by the halts of other companies. However, these halts are just giving me great buying opportunities.
Agreed. I had attbf and still have sprwf right now, but I think the problem is impatient investors which leads to low volume that's easily manipulated by shorts. Short term not looking to bright, so I may get out of sprwf to trade and get more money. Then I'll get back in when I sense things will pick up. Really don't want to get out though.
Oversold. Worst case scenario imo opinion is this hits .07. I got in at .0855 and think anything under .1 is an absolute steal. We need volume though. Stock won't do diddly fuck without spreading the word.
Down a little up more down a little up more down a little up more :)
Just bought in
There just isn't any room to go lower. Selling has been exhausted
Slowly but surely
This is going red
hey man, $36 bucks is $36 bucks. I wish I was making money right now.
Some lucky bastard sold 400 shares for .77
I think that's actually a pretty conservative estimate
He's just a shorter spewing out bs to scare people
.07 the absolute lowest imo.
You're insane if you think Supreme will fall over 60%
Why the f would this ever go down to .03? That's such a bs number. Nobody even wants to sell at these levels.
There just isn't enough volume here. Word needs to be spread.
hmmmmmmmmmmm.... I have some DD to do in order to get a feel for what their possible earnings may look like. I just need some more convincing before I put my money here again.
What makes you think they'll sell a million shirts? Who else buys these shirts other than shareholders?
Generally, the shares are priced at future earnings potential though. ERBB hasn't made 120,000,000 yet... What have their earnings been?
Does everyone realize that ERBB needs to make over $120 million to justify this price? I have some family members in this stock and I'm riding this change in momentum for a little, but I'm not sure if I can realistically stay put here.
If Supreme Pharmaceuticals has the capability to produce up to 24 million grams of medicinal marijuana per year with this recently purchased facility, the estimated output, and they are able to get a conservative $5 per gram including operating costs. That's $120 million after the first year. If they were to just dump the 93,211,063 shares into the market right now instead of 15% every 6 months over a three year period that would bring the total shares to 238,011,063. 120,000,000/238,011,063 = .5042 per share. So, we should be at 50 cents a share and we're at 8 cents... This should be a fun ride!