Investing in life
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What is too high for tech companies wether at the time or not though?
That is what Abattis Bioceuticals is a Tech Company , as a result it should be valued based on future earnings and for me there is no doubt in my mind future revenues will be much larger than 25 million per year. The stock is valued at a fraction of what the future value of its IP should be worth, not to mention the cash on the balance sheet.
I know were long..... but I have seen stocks on the major exchanges with balance sheets that were much worse than Abattis's valued much higher than 250 million mkt. cap.......
Therefore $2.75 IMO never was out of the question nor should it be.
Long
ATTBF
Shark
We all know $2.75 was too high? Not really.
Guess what there are 1000 of investors that are 100X more wealthy than Nick, that would be interested in a control stake of ATT:CSE or ATTBF. If any of them start a bidding WAR or new MJ VC Funds start bidding $2.75 could look cheap and $5 could happen even with 200 Million shares OS.
We are at 65.75 MILLION OS. Lets just say $120 milion MKT cap is not crazy, OVER $2......
Look at some of the other MJ companies. I know one right now that is at 121Million mkt cap with a price of $3.85-----and ATTBF Certainly has much more than that ticker going on.
So you and others think it is too high. Me I say it is a matter of time.
Long
ATTBF
Shark
Exactly its easy to bring up obvious things, that have happened in the past.
Its not easy to look to the future.
ATTBF's future is bright. Like any start up, bumps happen, lumps happen and sector down turns happen. If the sector did not have crap companies that got delisted the rally might still be going where it was. In my mind the sector got smacked down hard because of the delistings. Thats exactly what the governing authorities wanted. Remember, "BIG BAD MJ". Now you have everyone stating the obvious.
Well here is something thats not so obvious unless you do DD. ATTBF, Abattis Bioceuticals went on a buying spree last year. They set up in Washington State, Got their BIOCUBE Live and aquired a full fertilizer line. Lined up the TOP extraction scientists in North America if not the world. Raised almost 3 million in capital at much higher stock prices.
Mean while on the ranch (impatient folks, folks that sold, folks that feel trapped, folks that just dislike the stock, folks that want to get in cheaper) state the obvious over and over and over again. Well here is one for you. This is the year all the acquisitions from 2014 start developing. Business takes time (years), not weeks months or half years. We have far more going for us now than we did when the stock was at $2.75. So either look to the future or stair in the rear view mirror I could have would have should have. At some point .12 will be in the rear view, when we are at .50 I don't want to hear a word.
LONG
ATTBF
Shark
I'm not sure, I know the company has made a lot of progress last year, I wouldn't put it past them.
The thing is I think the company has been making moves we are not aware of.
Long
ATTBF
Shark
ATTBF- IT'S BEEN AT .12-.15 RANGE for a while. .12 Is BOTTOM IMO.
LONG
ATTBF
Shark
There is a lot of news that could be the next stimulus.
LONG
ATTBF
SHARK
Scratch the last post just found it:
http://www.biocelllabs.com/
I think its up top:
http://biocubesystems.com/
Biocell Labs site I couldn't find.
THIS STOCK HAS A TON OF POTENTIAL.
THIS YEAR IS GONNA BE FUN.
LONG
ATTBF
Shark
THE THING IS IN MY OPINION ATTBF HAS FAR LOWER RISK THAN OTHER MJ PLAYS-----
ALL DD POINTS IN THAT DIRECTION.
ASIDE FROM SHORT TERM VOLATILITY.
LONG
ATTBF
SHARK
HEY SOME ONE BOUGHT THOSE SHARES TOO.
VOLUME IS IMPRESSIVE LATE IN THE DAY HERE
LONG
ATTBF
SHARK
WAITE AND SEE, TIMES CHANGING-----COMPANY WAY FURTHER DEVELOPED THAN IT WAS IN 2014, WHEN IT WAS @ $2.75----SOME SOLID ACQUISITIONS WERE MADE IN 2014, TIME FOR THE FRUITS TO PAY OFF IN 2015.
LONG
ATTBF
SHARK
IN THE LAST COUPLE OF SECONDS NEARLY 10000 SHARES WHERE BOUGHT.
LONG
ATTBF
IT'S BOTTOMED AND TIMES ARE CHANGING
UP LATE DAY....I WOUNDER WHY.
LONG
ATTBF
Shark
UP 12.51% A MATTER OF FACT LONG ATTBF
RIGHT NOW ITS GREEN OVER 6% THE CHART IS BOTTOM--------WE HAVE A TRO GRANTED WAITING ON THE FINAL OUT COME OF THE LAWSUIT SHOULD BE SOON.
LONG
ATTBF
Shark
That's exactly it, you hit the nail right on the head.
OIL and weak CAD dollar.
I agree ATTBF
Thats how it is, it shows down but it is probably actually up, my experience is if you want it put it above the ask.
ATTBF
Cool just curious.
Well look there for more.....
It was way overdue.
SA
What happened here two months ago this was strong, now all of a sudden its at .22?
Just curious.
The introduction page above the posts.
MORE TO COME
LONG
ATTBF
Shark
UP TOP IN THE MAIN BOARD INTRO, PICS AND LINKS
I added the subsidary
ADDED MORE UP TOP:
LONG
ATTBF
Shark
$ATTBF
NEWS HAS NOT PULLED THROUGH I HUB...
Company starting to do business in Colorado.
[url]http://investorshub.advfn.com/Abattis-Bioceuticals-Corp-ATTBF-26115/
[/url][tag]insert-text-here[/tag]
YOU GOT THAT RIGHT.....
NOW PITCHING SNDY COFAX
I added Hillaries pic in the IBOX.
XCLK
LOL HTH
UPDATED THE PAGE FOLKS:
ATTBF STRUCTURED WELL.
GNITE.
LONG & STRONG
SHARK
Yeah enough is enough, thanks Bud.
LONG
ATTBF
Shark
YEAH ITS ONLY A MATTER OF TIME>>>>>>>>
Dirt Cheap IMO.
LONG
ATTBF
SHARK
Your the best Thanks!
Shark
Thanks man but how do I access it outside of the link you gave me?
Where is the ihub pictures file?
THE IBOX is the intro page above.
ADDED Partners to IBOX, more to come
Any IDEA ON HOW TO PUT A PICTURE INTO the IBOX on an apple.
I click edit IBOX, click the mountain with the sun, Place the URL in the link, put size 200 and click ok and an image ICON displays with out the IMAGE, the size being correct?
Much Appreciate the help.
Thanks,
Shark
Exactly.
ATTBF