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I cannot guarantee this, but the next PR might say ICBU gains 4000% in three days... It could happen.
You're the kind of day trader I like. You note the cyclical events of growth, but we differ on whether or not this is a scam.
I hope to see you when the shorts run next year!
I think that is Bruce's plan. To change the world. He's got the right personality for it. He's purchasing the right equipment and influencing the right people.
His Kins Domain, donating to Patch Adams. I really could not feel bad about owning shares in HEMP.
I hope to be part of that change.
Maybe. No more loading ICBU for me, I think. I'd need a REALLY good PR, promoting product sales with accompanying financials to back it up.
I haven't fallen in love with ICBU, but I'm gonna maintain the relationship.
Nah, I'm still playing. However, I will say this has been one of my worst plays in the sector.
Anyone have any positive info on ICBU as of late? I've put it on the backburner.
I prefer to think of it as, "changing the machine from the inside."
After all, even hippies need money, lol
It will. Remember the millennials were raised by their anti-establishment, authority-hating, '60's-loving parents. The plant is here to stay.
Are you suggesting that Monsanto lobbyists will try to stop the production of hemp?
Meh. The end of the prohibition of hemp/marijuana has been the reason these MMJ stocks are popping up left and right nowadays. Legalization FOR RECREATIONAL PURPOSES has occurred in two states so far. We would not have dreamed of such a thing happening even five years ago.
I think the idea that the industries who have been holding back the production of hemp/marijuana have as strong a pull as they did years ago is a falsity.
It is still illegal to grow commercially in the US. Only grown for research, currently. Why do you think this stock is only 4 cents?
There are plenty of farmers who need additional crop, too. I do not believe the cotton lobby speaks for the farming industry as a whole. And the whole is greater than the sum of its parts.
That is the main problem; particularly because it's on the OTC. Everyone is uncertain of HEMP's legitimacy, I believe.
I could not tell you if Bruce is going to jail tomorrow or if marijuana will be de-classified as a schedule I drug. Or, if hemp will be allowed to be grown in the US and replace cotton as a main source of fabric.
The one thing I know is... a movement is happening; it is brand new. And, I hold shares of many tickers that are on the forefront of the opportunity, none held as closely as HEMP. We all want this stock to do well, because we will do well if it does.
And, if it does turn out to be the premier company of the legalization movement, a one day pop could put it into dollars, and it could very well just increase from there.
I will not miss that chance. Don't bet your house on it, but put enough down where if this goes to dollars, you can buy a bigger, nicer house.
They've been monitoring Bruce since the '70s, lol. If you really believe they haven't been watching every move HEMP has made since its inception; that is a little naive.
Parafin, huh? This is where the traders are at now? An oil/gas acquisition stock based out of Nevada... all set, guys, but thanks
You're in the same boat with the other long-holders, bud. I believe this is the lowest PPS of the year (I may be off by a half-cent).
But, I got in to this ticker expecting BIG things in the years to come.
PRs have offered little substance, only promise. However, HEMP has little to no overhead, and spends on little else besides building its balance sheet with investor money.
To those who see this as just another OTC scam, it looks scammy. To those who see it as a legitimate player in a future industry, it looks like the Google of hemp.
Hang in there, man. No need to load if you're feeling unsure of this one, right now, but definitely DO NOT SELL, if you don't have to. There are no opportunity costs with greater return potential than this ticker here.
There isn't any more to say than fluff, right now. That's why (almost all) MMJ/Hemp companies are on the OTC right now. Even the ones related to this industry on bigger markets are being held up by their alternate business practices.
Very few companies are making profits off the recent legalization trends. Building an empire here at HEMP.
Depends on what type of "shareholder" you are. In the long run, a company that uses its investors money to grow/promote a.) the brand, b.) the product, and especially in this case c.) the industry, will benefit the shareholders of the stock immensely.
In the here and now, it won't look good for people waiting for stellar financial reporting. Because HEMP doesn't have anything of value, given the current political climate.
No surprise about strong financials. Good call on the catalyst. HERB needs a PR run.
Always darkest before dawn. And, it's still pretty light out.
This guy's got it. Ignore the bickering.
Go long
Meh. .035 is possible.
It is not about where the bottom is, but where the top will be.
Long HEMP
Perlowin continued saying, "In an incredibly fast-emerging sector this kind of behavior is not only appalling but unnecessary. The size and scope of the industry speaks for itself."
Could not have said it better, myself.
Usually when a new PR comes out, it is on this board within minutes...
The one I posted was out since August 8th and never made it to the board's list of notable articles, regarding the company.
I think this particular one was better than most of the other fluff PRs. At least he said they were unaware. At least he's releasing PRs, reassuring investors.
Don't know why it's not on this board, unless the people updating were part of the promo scheme....
Whoever updates this board must have been one of those promoters, because this was out a few days ago from Perlowin.
http://finance.yahoo.com/news/hemp-inc-commends-recent-sec-194503053.html
By whose standards? By the way, Russia is going to need to get the food they lost from self-imposed sanctions from a country who is not enacting embargos against them.
Can you think of a close enough provider? Food for thought.
Fear has fully spread through this sector. MJNA is a BUY!
I don't dare to speculate on that anymore. I didn't really expect to see .05 again. Otherwise, I would have shorted in February and been able to buy even more of this stock for an even lower price today.
But, I am not a genius 'trader', I am an investor that sees potential in the future of this company given the knowledgebase of the CEO, the popularity of the ticker name, and the growth potential I see for this sector.
That said, I could not guess where this company should be valued. Its value is currently based on hypotheticals of 'what-ifs' and 'whens'. IMO this stock could jump anyday to multiple times its value, if legislation allows or if products are made a reality instead of fluff PRs keeping this stock alive.
The timing of HEMP's next pop from here, if any, is not something I would dare venture a guess at. If I had a thought, I would reload at that number, but as I see it now, I'm glad I have a position in case this stock takes off like I expected it too from the beginning. But, since I am already in, I cannot see averaging down just yet.
It looks like quite a few people are dumping now. Wonder what Bruce has to say, usually quick with his PRs...
Who gets all the fraud monies when this suit goes through. Do you think the affected companies will receive any benefits from a lawsuit against these promoters? Or, does the SEC just absorb the money collected fraudulently?
Still could be. But, it could also be assumed that the halt at PH*T was what uncovered the promoters.
I am hoping it keeps pumpers out. I say it all too often; we need legitimate, verifiable stocks in this sector. I still love this ticker, HEMP. How could one not invest in this, given the recent legislation that has come and the ballots that are still to come.
I can see how an investor would be fearful at this point, but that is supposedly when the time is ripe to BUY. I don't have to worry either way, I have been in for close to 8 months and I'm staying in.
I haven't seen any articles implicating either heads of the companies, PH*T or HEMP, having been involved with the promotions at all.
Just hapless victims in volatile investing space. I'm not all that concerned, and actually pretty positive about the events in the long-term.
Interesting that PH*T was halted and HEMP was not... I'll bet they caught these promoters in the middle of pump over at PH*T...
Legitimacy is coming, baby. Buy the fear... I'm holding on to it for dear retirement!
So why is he still invested? It goes back to my main question: to what end?
Why have your hands in the pot at all (through E*MT) if you're Jensen? If he's playing this for just a short pop, still see value in it? If so, does ICBU seem a riskier play, even though they have real products?
The last week of trading was the first spike over 1 million in several months. This stock was trading in the low hundred thousands for a long while before last week.
Who on earth could be selling under such constant downward pressure?
Am I really to believe that folks are getting out of ICBU, now that it's shaved off such a high percentage? Wouldn't investors simply hold? It seems quite strange, but volume is up and the PPS is heading down.
I can only think it's insider selling. To what end, though?
I'm still with you, Harold. I'll go down with the ship if I have to. Didn't come to invest in MMJ stocks because of the security!
Sector pop coming. Still have strong faith. Election season, legislation changes statewide and federal, times they are a-changin'.
Dead quiet today; zero volume with less than 2 hours to trade. Russian sanctions...
I am expecting much higher, that is why I did not short at $.30. I'm holding on for higher long gains
As with everything else in this MMJ/Hemp sector it's all reliant on legitimacy and legislation. But, we know the legislation is close at hand.
Perlowin's company will take full advantage of the day plants are allowed to be grown in the US again.
I don't think that anyone will be able to predict/time the gap upwards that is coming.
Yea. That's the timeframe I was expecting initially. Wish I had loaded down here, though. I'm in too deep on this one to add more. Good thing the other sector stocks I bought earlier on are still running green!
Hoping it's time that pops this one. PRs have been a letdown since I bought in here.