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Egomaniac CEO kills any shot this company has at success, one of the worst CEO's in America....enjoy trying to generate revenue with a user base of children...PRICE GOING TO FREE FALL!!!
BOMBS AWAY....AGAIN. CAN'T BELIEVE PEOPLE GOT SUCKERED INTO THIS GARBAGE, WORTHLESS COMPANY!!!
company makes up less than 1% of my portfolio why should I care and live and die with it? It's a penny stock, nothing more and nothing less at this point. Been in this game since 1988 and will never live and die on any stock, let alone a spec penny stock. My comments are meant to challenge the company to bring clarity to the table and set timelines and do what they say they are going to do....there hasn't been any clarity with this company and no accountable news, EVER!!!
Massive spikes and dips are only good for flippers and not long term investors...I would much rather a slow, subtle climb in pps to gain confidence and not a massive spike and decline which only benefits flippers - that's why I stay with the attitude I have at this point, flippers paradise.
Point blank, this company needs to start caring for shareholders and bring some clarity to them on a consistent basis, and not just have a massive spike and decline out of nowhere with no real news.
how do I have zero interest when I still own over 700k shares myself and over 2.3 million shares with my investment group? How can you guarantee everything will go well with the patent and company? Why did insiders dump their shares with your claim that everything will be peachy? Why did you sell your shares at $1.10 and rebuy immediately at $1.07 (how's that trade working for you right now?) Investing with your heart is no way to invest and being certain on a penny stock is no way to invest either....if this was such a home-run and a guarantee, I don't think the stock price would have dropped by more than half and heading right back to where it started, where it should have been all along with no real news and absolutely no revenue. It's all hype at this point and will remain there for quite awhile...PUMP AND DUMPS is all this thing is good for right now.
There's definitely potential here but my comment was simply to point out that's there's no rush here and the price will remain low, and go lower for quite some time because nothing will happen overnight or anytime soon.
Even All-In made a bad call and tried to cash in 1 last time on a pump and dump about a week ago and he was wrong and he's been spot on for years on this company when it comes to flipping.
Still on the companys side as a spec but I'm extremely happy with my flips and actually cashing-in 7 times over the past 2+ years....there's no guarantee in life except taxes and death!!!!
they will have a long, long time to do so...this thing isn't going anywhere for some time and should bleed down more from here....expect stagnation for months if not over a year, nothing happening!!!
HERE COMES THE BLEED AGAIN :-/
you sold your stake at $1.07 and bought it again for more than you sold it for at $1.10 - per your own posts...so how are you long lol? looks more like underwater at this point :-/
when did I ever say I have a core position? Several million shares isn't a core position, and about 65% of them are/were part of our group investment team....what I did clearly say is that no penny stock will ever make up more than 5% of my portfolio so it can never be a core position, unless I went all cash...maybe read a book or 2 on investing to help you understand things, just a wise suggestion. I've been in this game since 1988, all fun and games for me.
Even you got pissed with the company's lack of clarity as they were dumping shares like crazy. Real traders flipped those moves and actually cashed in...that's what this is about right, making money???
I still have several chunks of shares but nothing spectacular is expected for a long time, IF EVER...even if they start trials going to be years before anything gets approved...there's no revenue or path to revenue at this point...dilution is a big concern and money flowing in isn't always a good thing for shareholders..there's good prospects here for sure but nothing is a guarantee and the company lacks clarity of its activities or prospects, imo...
One should never invest with their heart, period! Stating you're going to be a millionaire off a penny stock without question is a bit much and lacks total theory on knowing the market. Doesn't seem plausible that insiders would dump uncontrollably if it was a sure fire guarantee like you suggest, just sayin...
Anyways good luck. I'm on the side of the company but at the same time it's better to test the company and gets real answers and transparency rather than just sit by and be passive and hope...its my duty to get all the factual information possible as part of my dd, which is extremely difficult to do with this company, wouldn't you agree? I'm in the fight with you but at the same time I feel as an investor its a duty to get the company to produce accordingly, if not, I continue to flip and not care as much.
And yes I did sell way too early, which you all seem to think discredits me...kinda funny since I never heard there was anything wrong with making money/taking a big profit...I've also flipped 3 times since then, more than making up for it.
good day
not yet, going to bomb more
It wasn't even news... The PR's stated "news" that had been know or released many months before...it was all regurgitated statements like biosynthesis and the pipeline, all stuff we knew about. The only somewhat new thing was the filing of the patent but we all knew that was coming. The company sent out some bs pamphlet about the conference they spoke at, but that was all garbage old news as well. Classic Pumping and Dumping going on... and no idea what's really going on???
BECAUSE IT'S A TERRIBLE COMPANY...WAIT UNTIL THEY REPORT - SINGLE DIGITS COMING!!!
~ WHAT A SCAM!!!
Hey Les how did those charts work out? you can come on here and try to be rational and act like you know what's going on but that is so not the case....keep reading charts on penny stocks lol... your predictions based on your chart reading were completely wrong and this thing has done nothing but tank since your chart observation and no follow-up by you as to why your chart reading was so off.
CHARTS DON'T WORK ON PENNY STOCKS!!!
where are those bids lol....this thing is tanking never deserved the market cap it reached, period. TRADERS PARADISE!!! nothing is guaranteed with their patent and no drugs in trials and most importantly, ABSOLUTELY NO REVENUE!!!
Just keep trading and you will be a 1000 times better
SINGLE DIGITS AFTER THEY REPORT...WHAT A SCAM
and you sold at 1.07 when it was declining from high of 1.90's a couple days before then rebought the same day at 1.10 right?
you know better than that...CHARTS DON'T APPLY TO PENNY STOCKS PERIOD!!! Anyone telling you differently or telling some bogus chart story is lying to themselves. In addition, anyone pulling out a chart on a penny stock is doing so based solely on the current momentum which is complete bs and so inaccurate it's disgraceful. Penny stocks lack the volume and trading history to correctly/accurately chart and fundamentals or accurate news is the most important factor in the movement of penny stocks. Moreover, market cap, shares outstanding and most importantly DILUTION are the key factors in helping understand/validate the company's fundamentals and direction.
"short-term chart" = a news release has occurred and dictates the movement of the stock and has nothing to do with a chart at all.
CHARTS ON PENNY STOCKS? LMAOOOOOOOOOOOOOOOO...CHARTS DON'T APPLY TO PENNY STOCKS, WHEN WILL THE ROOKIES LEARN!!!
WEEEEEEEEEEEEEEEEEEEEEEEEE. Loving this roller coaster money train...TRADERS PARADISE!!!
TRADERS PARADISE how low will she go?
I have snapchat and have used it...but haven't gone on or used it in over 2 months, waste of time and not geared for an audience that has or spends money and therein lies your problem.
just wait until they report = bombs away!!!
social media in general is garbage and ruining society that's why platforms that can branch out and become more than a social media site are exploding and are massively profitable, ala facebook. I haven't used facebook in over a year but do own the stock in a major way....it's all garbage imo but to each his own.
I'm into making money and snap isn't going to do it, sorry!!!
Everything you said validated my point even more....I have already clearly explained in great detail over the past year why this company is garbage - numerous times (please read for yourself). I can do it again but first I must start off by saying there is absolutely no comparison between facebook and snap. Facebook is FAR more than a social media company and last I checked snap was a camera company? LMAO, what a joke and dumb move on their part. You're better off comparing snap to twitter but even twitter is far better off, and that's not saying much. Facebook owns Instagram and WhatsApp, huge cash cows, what does snap own?
1) Worst CEO
2) Snap is a platform dominated by millennials and last I checked millennials do anything and everything to avoid ads (bad business model for generating easy, big advertising money). In addition, millennials don't spend. Bad user base for monetizing and a relatively small user base at that. DAU'S isn't impressive.
3) Losing money at a rapid rate
4) Model is flawed, needs restructuring
You will see after they report again... MORE DESTRUCTION. My points have been validated since IPO over and over again and will continue for a long time ahead (verify for yourself). There's absolutely no reason to hold or buy this thing for any foreseeable future.
back to the $10-$11 range
is that why facebook can monetize and crush numbers and snap can't? wait until snap reports again, gonna be a bloodbath....terrible company with an egomaniac ceo with no direction!!!
maybe snap can do advertising on their rainbow throw-up filter, that would be stellar ::eyeroll:: no platform for monetizing
DAILY ACTIVE USERS - FACEBOOK 1.37 BILLION, SNAP 1.78 MILLION...do the math
BRUTAL....WORTHLESS COMPANY!!!
IS CANADA IN THE UNITED STATES? Imlff is a Canadian company and not in the cannabis industry!!!
::tail between legs:: bought back massively and aggressively last 2 days...new position and start over grateful for the profits on the last 2 dips over the past year, and the many ones before that, thanks inmed!!! debating on flipping again or just letting it ride...still have 1 big block of $0.16 shares to play with...long-term is set-up not sure on short-term, we shall see...
GOOD LUCK
WHAT IS THIS COMPANY DOING???? Is this a complete disaster or not? Seems like they are just throwing anything and everything at a dartboard and hoping something works...Been a long time bull and own over a million shares and I can't figure out wtf they are doing? Is this even a weed company anymore???? On the fence on whether to hold or just dump and move on and take my profits....getting frustrated with the lack of direction and focus!!!
not out yet, trimmed a lot a banked some money...will get back in if necessary
GOOD CALL ON THE DOLLAR...I was wrong congrats. Won't be the first or the last time I'm wrong - got a long list of bad moves and good moves since 1988...that's the joy and agony of investing Truth is, it doesn't bother me, there's always money to be made on your DD and penny stocks represent no more than 5% of my portfolio, EVER. I sensed a lot of heart investors here based on the comments and private messages.
Did sell 2 more huge blocks at 1.09 and 1.14 today and almost sold completely out but didn't rise to last price target.
Long-term still looks great but I don't think the massive market cap extension can hold, but who knows could become a tesla like cult-stock! We will see. Expect some big selling next week after the new year.
Congrats to all again who held as of now (still no profits to show)...but nonetheless good call!!
Happy New Year!!!!
~no sour milk here and can admit to my errors as I said I would...no need to pile on, I'm happy with profits
I will be back in again mark it down!!!
AHHHHHHHHH THE SMELL OF GREEN.....BOTH WEED AND DOLLA'S...I LIKE THE BIG CHUNKY VOLUME AND ACCUMULATING MORE SHARES MYSELF
BIG CHUNKY BUYING TODAY
$1.00? They doing a reverse split? You keep watching this wont hit a $1 anytime soon or at all in 2018. Has the company changed at all in the last 6 months, answer = no all just pump and dumps. This nice little gain today is short-lived and it is already reversing hard...GOING DOWN...will see .40-.50 before it ever hits $1, if it ever hits $1.
TOO MUCH SIPPING THE KOOL-AID AND INVESTING ON ALL HEART AND PERSONAL FEELINGS = RECIPE FOR DISASTER, THIS IS BUSINESS NOT HEART-FELT TOUCH FEELY STUFF.
How are those looking right now? LOL. This thing is going down a lot farther!!!
Glad I did too between .74-.81 what a smart move as this things is going to tank some more and GOING TO BE A LONG, LONG TIME until it makes a big move that can be sustained.
I like having actual profits and not profit on paper....CHA-CHING!!!
Market Cap still way overextended expect a lot more selling and a bigger ride to the downside!!!
I know you all deep-down know I'm right and wish you sold too to re-enter later and have actual profits.
Ton of profit taking..SELL, SELL, SELL.
Never going to hold .65 with no revenue...it's all hype and the news (which is actually extremely old news from monthsssssssssss ago) is over, nothing new coming for a long time. IS THERE ANY TRIALS IN PHASE I, PHASE II OR PHASE III? IS THERE A PATENT ISSUED? IS THERE MONEY COMING IN?
Buy the rumor, sell the news easy nO-brainer flipping strategy....glad I dumped a lot more shares mid-late last week. CHA-CHING!!!
long-term good, MAYBE? but this is a flipping gem for those that want to actually make money...too many of you are all in with your heart - bad, bad way to invest.
will let know when to re-enter, if at all
HAPPY HOLIDAYS
$1.00? LMAO..going to see .40's for a long, long time before you ever sniff a $1.00.
Market cap way overextended, time to get back to reality and play the long wait game again.
Flippers killing it
SMART MONEY SELLING...SELL, SELL, SELL.
TIME TO TAKE PROFITS BEFORE THE STAGNATION RESUMES FOR MONTHS ON END!!!
No revenue = no justification of pps
Volume slowing down, price coming back to reality..time to take those gains before it's back to where it started...TRADERS PARADISE!!!
EPIC SELLING SPREE, PROFIT TAKING IS SMART!!!
Nothing new here