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I was hoping it would correct back into the 5 range, so I could pick up some more shares. Maybe tomorrow.
he or she has no evidence.
it looks like I will not get the pullback I was looking for today. I am glad I kept most of my shares.
When the government shut us down in 2014, they gave a very, very thorough rectal exam to CANN. If this company was a scam, they would not have been re-listed.
Is the 12% paydown of notes a good thing or a bad thing? To me, it seems like they are paying down debt. Is that correct?
Buck Russell- if you do a search of his name you will see, he has the same pattern of posting on other message boards.
I'm hoping for a pullback to $5.50, to start buying back the small amount of shares I sold at $6.50. Still holding the bulk of my shares. I will not sell them all til we hit $50.00, and maybe not even then.
Does anybody have link that can track after hours trading on CANN?
I only buy on pullbacks. Investors will be taking profits. Thats when I will buy more. I already sold some and took profits. Very little of my initial investment is left. I am working with mostly profits right now. Soon enough, I will be working only with profits. I have been here since 2014. I have seen the loudmouths come and go. I have taken profits and will make more. If I was the type to fall for the fear mongering, I would have sold at a loss 2 years ago. Go sell your fear at all the other message boards.
Look up posts on other message boards by jrock25- he is posting the same fear mongering messages on several other pages, trying to scare people into selling. Yes, there is going to be a pullback, investors will take profits, and new buyers will come in too. Don't fall for the fear mongering from jrock25 and stockzoom.
People who short the stock need sellers, right? So they post a bunch of fear mongering bullshit to try to scare investors into selling. They want us to ignore the fact that California just went legal, soon to be followed by New Jersey.
Stockzoom- How many boards are you working to try to trick people to sell so you can make money shorting? Still think CANN is a pump and dump?? It is way up. How is your short position?
Hey Stockzoom-- you were saying something about a pump and dump?
Ok- so if traders are waiting for the new year and new tax laws to take profits, how much of a dip do we expect here?
Bama- I thought it did, but, I hope you are correct. I would like to be able to do some buying and selling without selling the handful of shares I have from 2014.
I sold a few today. Took some profits. Today is the last chance to sell without forced FIFO. I will buy them back plus more, incrementally on pullbacks. If it never pulls back, that is fine too, because I kept most of my shares.
Hey Professor Zoom- regarding the $955,000 two-year contract CANN signed today to manage a grow facility in California- is that part of your pump and dump conspiracy theory?
With the tax reform package happening- I think a lot of money is moving to other sectors right now, safer sectors- Financial, Transports, Energy, etc- It would make sense for some investors to take very nice profits off the table here and move them to these sectors right now. Yes, they will miss greater profits here, but, nobody ever got hurt taking profits. We are up for the month, 3 month, 6 month, year and 2 year marks. Keep it in perspective. It is correcting. It will be fine.
Is this good news or bad news?
If you are thinking about growing your own, you will need to figure out how to keep the local deer population away from your garden. If they can get to it, they will eat it. Yes, people will be allowed to grow their own, just like people can brew beer or hunt for meat or grow their own produce. Most people do not want to do all that.
DezzyDazzler11- I have had no trouble buying shares on Merrill Edge. Because it is a low priced, risky stock, when you try to buy CANN through the online portal, there is a quick easy extra verification process, but , they always put the transaction through. Good luck.
DSherman- thank you- FB is a good example- I picked up a few shares of FB during the 1st year, and they went down and stayed down for awhile. I held them till they went profitable and sold most of my shares, only keeping a little on the table. I wish I kept it all now, because it went up 700% from where I bought. Another example is Sirius/XM- SIRI. When they tried to merge, the govt put a foot on their throat, delaying the merger and bringing down the price (much like what the govt did to CANN with the de listing). Now those SIRI shares are up more than 700% from where I bought them, and I wish I did not sell most when I broke even. If I had been patient and held all my shares, I would have some nice gains. Be patient here folks- the price has dropped a little over the past week, but, we are up for the month, up for 3 months, up for 6 months, up for the year and up for 2 years. Big picture, stay the course.
Deagle- What does that mean that the MM would not execute your buys fast enough? Who is this MM that people keep referencing here? It seems like common knowledge to some of you. I buy my shares through the Merrill Edge portal, so I do not speak to anybody or interact with anybody when I trade. There are never delays in my trades. I am just trying to understand the process and learn.
Still here Pickles! Picked up some more shares over the past 12 months. Might add some more, depending on how things go.
Could this have anything to do with any of the recent buying?
A new Marijuana ETF.
https://www.fool.com/investing/2017/11/20/say-hello-to-the-very-first-marijuana-etf-you-can.aspx
yes, Surfer- now, we just need Mattel to do the same! Have a great weekend!
Why would a company expand into new states and acquire other companies, in an obvious plan for growth, if they were doing a pump and dump? What do you think, Christopher Moltisanti, from the Sopranos is in a boiler room with the kid from A Bronx Tale, cold calling people to buy this stock?
CANN were thoroughly investigated by the feds before the stock was made available to sell again on the retail market. If this company was a scam, it would have turned up in the rectal exam the govt gave them.
some short term profit takers today. To be expected. Congrats on your earnings. Good things come to those who wait.
10x normal volume
The Legal Cannabis Market is Expected to Grow Globally
https://www.prnewswire.com/news-releases/the-legal-cannabis-market-is-expected-to-grow-globally-661828793.html
Does anybody know why we are having such high volume today?
General Cannabis Corp. (CANN) Indicators in Focus
https://finnewsweek.com/general-cannabis-corp-cann-indicators-in-focus/557668/
CANN : General Cannabis Corp Analysis and Research Report
https://fintel.io/b/17495-cann-general-cannabis-corp-analysis-and-research-report
Finished up on high volume!!!
General Cannabis Corp. :CANN-US: Earnings Analysis: Q3, 2017 By the Numbers : November 9, 2017
url is below- does anybody have a strong understanding of this?
Is it good? bad? mixed?
http://www.capitalcube.com/blog/index.php/general-cannabis-corp-cann-us-earnings-analysis-q3-2017-by-the-numbers-november-9-2017/?yptr=yahoo
With the election of Phil Murphy as Governor, New jersey will soon have legal recreational marijuana. he promised this in his campaign.
Warlon- thanks for posting that. It looks like a mix of good news and bad news. I am sure some of you can give a more detailed analysis.
High volume today and we are up. Is there something going on?
at least we came back in the finish
Nice pop on strong volume today