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xbigshot - I don't think I understand. Can you please explain more? Thanks - just trying to understand your comment of forgetting about the avg share price I got in for.
xbigshot - my avg is .04x - I bought in the Aug / Sept months. I just wanted to snag 10k shares in the sub .20 range, doesn't hurt my avg significantly...
i wish i had some $ to buy some sub .20
cru - yep - still here, been really busy with work but I keep my eye on CBIS. Bought at .04x still haven't sold - don't want to be a bag holder but still pondering. I remeber the first jump from .05x to .9x and it went down to .07x - well the rest is history. I'm up, at this point it's a matter of how much do I want to be up. Can I wait a little more and see how it pans out pre-nov 2nd? You betcha - still nervously waiting.
People will take profits and I don't blame them. Another opportunity for others to get in and make a nice little return. Whether that may be 5% or 100% return, up to you. But you have to pay to play
Wow - on Discovery and National Geo? Guess they made that $350+ bucks in the wallet go far. Go CBIS
Based on this company, divy news offer and some FDA news. However, the catalyst lately has been the discussion of Proposition 19 which will legalize cannabis in California for 21+ 1oz. Where the price will go from there if this proposition passes will be up to the market.
Buying a 1st class ticket to Amsterdam, Ritz Carlton, gamble at least 2k euros and whatever else happens ...happens. Wishful thinking. GL
Wall Street Journal Poll 10/18/2010 - plus comments.
http://online.wsj.com/community/groups/election-day-684/topics/should-california-voters-pass-proposition?commentid=1680406
I really wonder who (if anyone) back in 2009 rode this stock from less than 10 cents etc to $1.00+ - I would love to hear some stories on that piece. You have to have some nerves of steel to ride a stock (let alone an OTC) from .07 to $1.00+ I wonder will it be the same in 2010 with better news than 2009? CBIS hasn't hit $1.00 yet in 2010, I think some people (whoever the hell that may be) want to see this stock hit $1.00 before 2010 is over. Speculation thoughts only - take it for what it's worth.
I bought 420 shares today cause I was bored at work. It did affect my avg share price - now I have 250,420k shares. I know, I'm weird like that. GL amigos
God bless CBIS. eom
Someone pinch me - i have got to be dreaming. I never thought it would hit .19 on MONDAY. Still holding on to all shares for dear life, I'm betting the farm on this bad-boy.
Gosh I wish. I will sell half when it hits 4.20 LOL -- wishful thinking....GLTA.
someone please stop me from selling my portion of 250k shares at an avg of .04x - I'm having a hard time believing what I am seeing here. This is too good to be true - someone convince me otherwise. I am holding but damn this is really hard with a 400% return. I haven't sold a single share.
frankie - I'm holding on tightly to 250k shares back in the .04x.05x days Gosh, what a test of nerves!!!
wow - this is beautiful guys.
bought a lot of 10k shares.
I hope you're right buddy. Word is spreading fast and just look at the volume.
Some news posted 10/15/2010. Take it for what it's worth.
http://www.sierrasun.com/article/20101015/NEWS/101019923/1001
250k shares at an avg of .04x - I haven't sold a single share. My exit is going to be on the news. OTC stocks moves on news with good volume like CBIS has been getting. November 2nd is coming up and more exposure will be on the news / net. I think it'll give people on the forums a general idea if it will pass or not. I mean, it's kind of hard to ignore. I'm playing this stock pre-nov 2nd which will cover my initial investment at minimum plus 50%. If P19 passes post-nov, I will let the remaining shares just ride. There are also other factors in CBIS that could perhaps keep the price afloat such as the FDA news & Divvy considerations. Right now I'm just watching and waiting patiently. I Google Proposition 19 everyday and I keep a close eye on the news. It's all about making sure you are comfortable with your $ exit prices. This is just my theory and if P19 just fails in Cali, and the divy etc breaks down, FDA fails- all bets are off. All in all - this is a nice little stock to play for the moment. GL
boodiebing - I don't want it to go down at all..trust me. However, there are other people that are in this for a quick flip. When they let go, the price dips. When it dips, I'll be there to pick some up. If it does not dip at all on Monday, that's cool with me to.
Top100 - Agreed. I bought some shares in the .07 range in the beginning only to watch it drop to .040 etc - between the .04x and .05x range the charts (and other forums) advised this was the bottom. At that point I realized P19 is coming up. OTC stocks move on news as well. I stocked up huge and haven't sold a single stock. Good luck and hopefully Monday brings us some good buying opportunities. I'm doing some online CBIS shopping @ work this week. Peace
McBisco - agreed. It's a bunch of government propaganda and it amuses me to see it hasn't changed much from the reefer days.
Thanks for the norml.org link (I searched for it)
Good Luck to the rest. What an amazing run since the .04x days, I'm so glad I haven't sold a single penny ;)
Afternoon investors. My first time to check in on this stock today, and what a pleasant surprise again. Also, Eric Holder has P19 on his radar. I'm far from a thread crapper and I have a nice stake in this company in terms of this investment.
Thoughts on this douchebag?
http://www.huffingtonpost.com/2010/10/15/eric-holder-to-prosecute-_n_764153.html
Good morning CBIS followers, investors, lurkers, thread crappers and the -80%ers. I bring to you my CBIS Theme Song. Happy Friday
I did - been nice watching. Good luck to everyone else and lets make some $$$$$.
Refreshing Article 10/14/2010.
http://www.stanfordalumni.org/news/magazine/2010/sepoct/webonly/prop19.html
They contend that legalizing it would create jobs, reduce prison costs and generate $1.4 billion a year in new tax revenue with a $50-per-ounce tax
I'm sorry but those are hard numbers to ignore from a business perspective. Also, California is in major debt. This will pass.
I just checked the PPS today for CBIS and nearly fell out of my chair. Yes I witness .129 earlier but was pleasantly surprised to see this up nicely today. I'm glad I didn't sell those .04xs :)
I mentioned this to a friend of mine who is also in on this company now. Word is spreading fast and California is going to set a new trend come Nov 2nd 2010.
Good afternoon gents, ladies and maybe a mix of both. I am happy to see everyone posting away on CBIS. I'm also happy to see I am sitll up and this stock is over .10 and I haven't sold a single share. Even the .04x's.
GLTA and GO CBIS - GO P19!
This is my personal strategy. While some sold this stock to cover their initial investment and let the rest "ride", I think is great. I prefer to keep my stocks (250k). I personally believe that if you bought in the .04x and .05x range like myself, I am going to cover my initial investment as P19 warms up and becomes a topic on CNN.com - starting with their videos/articles now. California has Hollywood and already has A-list people donating to the cause. At that point in time - some time during that week - I will sell to cover my initial investment (maybe add on a 1k gift), I will then let the rest of my CBIS house shares just ride and hope for the best. That's only if Proposition 19 passes. America will witness another event that will happen in California come Nov 2nd. This generation is aware of what it does and does not do. Old school "reefer" propaganda is total BS and people in America are realizing this or already have. I Google P19 every day until Nov 2nd. I strongly believe P19 will pass and California will set the trend in 2010 based on the research and forums / comments I've read. If proposition 19 does not pass, I'm buying a ticket to Chile and diving in that hole minus the Phoenix.
I bought a ton in the .04x range and some in the .05x range - I haven't sold a single share since
Was slammed at work today and couldn't look at the message boards.Glad to see I am still up over 40%. GLTA
Who / what is MM Pena and why do they do this.
Even California cities are asking people to vote for Prop 19 in some sort of fashion. If it passes, everyone wants to make some sort of money. In this case, taxes.
Source 10/11/2010: http://www.scpr.org/news/2010/10/11/measure-b/
What a day. I'm glad to see most people are up. I did not sell a single share at all today (.04x price) - I added a 10k more when it dipped back at .08 today. I really hope everyone in this (including the -80%ers) can make some good $. Folks, proposition 19 is real and it is going to pass. Even for people who don't smoke realize the $ potential. California will start the trend and the rest of the states will follow. Will this mean billions of $ for CBIS? Who knows - but I would rather invest in this one penny stock (comfortably) than the rest. Just my .02 cents. GOOD LUCK TO ALL. GOD BLESS THE INTERNET & CBIS.
I am so happy I bought at .04x (250k shares) - I am holding onto dear life hitting refresh on my etrade LOL.
Guys - we need to hold onto this MF for dear life!
Hello, this is my first real stock to invest in. I bought 250k shares at .046 per share 2 weeks ago - I hope to sell at 1.00. Thank you