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Well gentlemen. I'm officially out of CBIS. I bought 250k shares @ .05 - watched it hit .25 and sold at .10
I learned many many lessons on this one stock and I appreciate everyones input/advice/bash etc on CBIS. Good luck to all and please take it easy.
All I can say is what a roller coaster ride.
that bid / ask looks lovely :(
No Guts No Glory
Random Tidbit of P19 on Google GL amigos
http://www.google.com/trends/hottrends?q=prop+19+california+polls&date=2010-11-2&sa=X
I'm watching closely now for a short term - initial investment exit play but really playing this baby long - GL
Thanks - I've been looking myself, there are so many polls out there just wondering.
uncle mikey - that's from awhile back - anything showing todays date / count / vote percentage? Thanks
Good luck to all in CBIS and see you tomorrow!
Thanks for the chart MC.
Zach Galifianakis lights up on Bill Maher and the video is pretty funny. He obviously supports P19.
Posted 10/31/2010
http://www.nydailynews.com/entertainment/tv/2010/10/31/2010-10-31_zach_galifianakis_smokes_marijuana_on_hbos_real_time_with_bill_maher_during_prop.html
I've been thinking that since August - GL
that's awesome.
Went to his concert a couple months ago and took this video. And if PROP 19 passes, I will be doing this dance.
Afternoon ihub - I noticed the stock didn't jump as high as originally thought but going to wait-and-see come next week. Should be pretty interesting in terms of CBIS activity. I'm still in this one without a share sold. What a roller coaster ride..well up over 200%. It's all or nothing now. I hope for the best for everyone else. GLTA
Boodle - I think you ask that question every day and twice on Sunday :) - I hope this stock goes above 20.. then again, hope is not a strategy in stocks. Also, you're talking to someone who was hoping for .50 cents at this point of the calendar. I was drinking some serious Kool-Aid and Bong Water because we are no where near that price level. I can't predict anymore - but anything above .25 would be nice for me after 11/2/2010. The divy PR news is out (and with a solid date on this PR) - we did see a nice increase today - not as high as I was hoping for but I'm not complaining. I'm still up.
Side note: I've noticed some tension on the boards with other people. I'm pretty new to the ihub community and I'll admit, I did not like people who posted negatively on CBIS. Now, I actually read any negative message twice because I want to both sides of the story - my 1.00 pipe dream made me realize there might be some validity to these posts. And possibly, these people do bring in a level of reason and logic. Now most of the time that bad information or perspective is posted in a condescending tone usually. Or people are just sensitive. I think the majority of people on this board can distinguish between a quality post and a nonsense post. It's just part of the game - expect it. People will bash, thread crap, promote, cheerlead a stock (myself included) and you'll find a member that makes a quality post every now and then. The common denominator between everyone is we all want to make money. Good luck & please take it easy.
*sigh* - I'm going to check this stock on Friday..what a bummer for it to drop more.
With all of this going on in California. Will P19 really fail? I hope to see some PR about the conference and all the rest soon. Hurry up Nov 2. I'm still hanging on and going through this stock turbulence. GL
Posted: 10/26/2010
http://www.cnn.com/2010/POLITICS/10/25/oaksterdam.university.richard.lee/index.html?hpt=C2
I've been in this stock since .04x and I don't plan on selling anytime soon. This is an all or nothing stock for me and to the people on this board, let the conference trickle down. Let the information pass down to other investors who attended. This stock will grow. I was hoping for a $1 stock price and that seems like wishful thinking at the moment. A modest .25+ pps would comfort me. We might not spike this week like we did from 05x to .25x. I don't care about the p19 internet polls. How can you when 1,000 people vote? Really? I still believe P19 will pass to this day.
I believe if P19 passes it will be jet fuel for CBIS. However, if it does not it will NOT dictate this company long term. Short term price? Yes we will take a hit in PPS and if that happens, expect a large exit as some people are playing it from that angle.
Long term on CBIS, I am not sure what to say as investors are waiting for divy news, P19 possibly passing (to help now), and FDA efforts (which is still a long time away).
This stock was indicated as oversold on the RSI last week. What happened? People sold their stocks and it dipped. However, this stock is above the 200MA - a positive for CBIS stock. There is a lot more to factor in but you must do your own DD and have an entrance / exit strategy no matter what. I really genuinely like this company and will let a few shares ride long term. I might regret that, but you must always take profits when you can - on this stock I have not and trust me, I am well up over 150%.
GLTA
On 10/27/2009 this stock was at .50+ - I find it interesting the conference is on 10/25/2010, 10/26/2010.
thanks. no guts no glory. GL.
Glad to see this stock is recovering. I wish everyone the best for next week - it's going to be a fun ride. I'm glad (I think) I didn't sell any shares. When it hit 13ish, boy was I ready to pull the trigger but did not! Screw you MMs! :)
nice vid - that chick is sssssmokin'
Here's to hopefully a good day for CBIS investors. Happy Friday. Go CBIS (and Texas Rangers!)
P19 Poll - California News Station 10/21/2010 - Take it for what it's worth
http://abclocal.go.com/kfsn/story?section=news/politics&id=7738249
I haven't sold any either - letting this correction happen. I hope we can break out of this funk sooner rather than later.
Matt - I really hope you are right
Wow - they finally did the PR just in the nick of time. If you were waiting on the sidelines - it might be a good time to take a look. Catalyst #1 is about to go off for CBIS
Thanks for the insight.
Thanks for the insight.
Bigshot - let me ask you this (or anyone else who wants to answer), Despite the drop today, what do you advise to someone whose avg is .04x? My request is to get at least 20% return (ideally) on most investments - anything greater than 20% is gravy. I'm looking at a ridiculous ROI right now and I have not sold a penny. I didn't sell when it spiked to .12 cents so fast, then quickly dropped to .07 and went nuts after that. Now I'm sitting at .17 . In my perspective from .04, it's still going up. My plan B, should CBIS fail, is to AT LEAST sell at .08 to double my money.
I'm a very very gambling type of person and I am all about high-risk. Imo, you have to risk some good money to make some good money. And this is okay if it drops to .08 (For Me) then I just doubled my money and learned a very very valuable lesson that almost everyone preaches, LOCK your profits.
Will CBIS drop to .04 or even to .10 after all the hype, divy, FDA, CNBC coverage, if P19 passes and added speculation ? I hope not and common sense would tell me that it would just go up. OTC moves on NEWS and that is my feeling on this stock. I have some good investment and would only want the best for CBIS (and the ihub people of course)
Sort of bummed out - but what do you expect after running so hard? Still holding all my shares @ .04xish...cautiously - gosh I was so close to selling a good % of my shares but didn't. I need to "partake" this is too much LOL.
Boy if I had the funds, I'd be picking off any sub .20 shares - still watching - saving CBIS - not shaking ;)
MM's can't shake me and neither can ACDC!
It's during these times when the stock price goes up / down / up / down does it tests my nerves. Now I understand the true meaning of being "shook" out - Still holding on for dear life. 0 sold - you can't shake me!!!
We Jammin -
If there are any investors who like to "partake" - I can certainly understand their perspective on this stock. MJ has a ton of more uses other than smoking - other countries understand. America is just starting to - P19 is a START. Hemp clothing, Textiles, Oils, AND Medicine - we all get it. America unfortunately, is too focused on the personal society and we all understand - but please lets not all get in the Alcohol / Tobacco debate etc. Cannabis should have been legal a long time ago. I've visited Amsterdam and other places where it is legal and they have nothing but the finest. It's controlled and people aren't freaking out. But hey, lets invest in Apple so they can make more Iphones for people to text and drive then die - nice commercials.
CBIS which I would love to believe is valid & legit but have my own uncertanties. Will this work? Are these douchebags who bash this stock have any credibility? Is this a p&d? Who knows. Look at SpongeTech - those guys had billboards in the MLB stadiums!! Now look at them. I know it's apple and oranges but the common denominator is they are OTC. Not trying to TC at all - but the $ of gains people are making off CBIS (if you played it right) is just ridiculous. I'm done rambling. I'm going to "partake " and do my evening DD on P19, CBIS and a hopefully plan my trip to Amsterdam.
My .02x cents? P19 will pass, CBIS will go up and life will be good come Nov 2 2010. Santa Claus is coming to CBIS EARLY!!!!!
TI - thanks for the analysis, I really enjoy your chart work after a long day.
CBIS good news or bad, it is what it is and I appreciate this work.
Regards.
winboy - cuz I spent all my money buying this share during the .04-.05 and I have to wait for the funds to clear in my etrade. I would've added more shares if I had the funds to do so. I'm doing fine right now, just wanted to add more shares to the CBIS nest.
blah - I really wanted some shares at the sub .20 range - Guess I won't avg up :-P
Thank you ClayTrader - I look forward your analysis. GL