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Epic comeback. Have the best holidays! Got to figure out where I'm going to be passing out New Years Eve.
Going up. Bid limits showing up to .48.
And a gap up opening this morning. As predicted.
The drop got me two trade rips. Got in at quarter and dropped half the hammer today. I will take it. It'll gap up open tomorrow and I for one think the call will deliver much more excitement than you're anticipating.
But wait. What if us traders are already pricing in the conversions? What if you're missing out while some of us risk takers are having a blast pop after pop?
Micro caps never trade based on end of year tax consequences.
LMAO. Your biased agenda clearly shows your position in the stock. I'm simply a trader here. Already traded several times. The trend is up right now. It's going to open up in the morning and likely push .50. Either way it goes, I will benefit so I'm looking at it from a different stand point. KAYS had a strong showing the past couple of days while the sector was getting a bit hammered.
Gap up open tomorrow. Heading to .48!
You're wrong. The company is positioned. However, it is too quiet for traders and they have to be this way to stay in check with compliance.
It's all about appeasing investors and their appetite for news and developments. Management has to execute growth by acquisitions. Without the news, it'll drift as it has. With the news then the story changes.
Will see further upward surge during Monday's trading session. The conference call is going to be far more positive than what many are anticipating.
Jumped to the mid 30's as I expected. It'll jump again Monday ahead the strong guidance that's coming Tuesday.
Meant to say RISK. Without real risk, there cannot be real returns.
Could be. But in order to make real man's profit, you've got to take real man's. You stay on the sidelines. Some of us will take the field and see if we can bring home the win.
Market cap is ultra low. So is the float.
It will materialize and guidance Tuesday is huge. Stock will likely trade up heading in to Tuesday.
Not really. Depends where you got on the ride. It's heading up. Seen this type of scenario very recently.
CANN has the means to justify a much much higher market. It's time. Management needs to roll the dice and acquire and/or expand its footprint.
You don't buy during news. You buy before. The market cap on this puppy is sickly low.
Loaded the boat today. Picked up 125k shares. Ready for c call and 2017!
That depends if shares are sold. Sessions is weighing the sector as well as Alan.
Good movie. There's a line in the movie that goes well with a certain poster here. Something about a golf ball and garden hose.
Agree. But I like spikes too.
For the sake of it, in relevance to Mr. Borch who is calling for downside, I just covered my short position on CMG. Droppped the hammer at $595. Now that's a decline and no dilution required. To say the least, I'm ready for any dilution factor that may or may not cause any significant movement if any on CANN.
Thanks the tip on CMG. Oops, that wasn't you Alan.
Warlon - this one is for you
It's the next milestone. How do I know? Because I'm a genius.
Thanks, and it's already has worked for me.
The point wasn't about where the cash is coming and going to or whatever, it's just the fact that businesses in this sector have to go it in non conventional ways. They can't go to a bank or utilize basic business banking for MJ business dealings.
CANN has set up a platform to grow with the ever changing legal and banking climates in their sector. There's so much more to it than what you're seeing.
One or two more acquisitions to add to their platform will do the trick. It's their model. Do that and boom. Do it not and it's different game. Plain and simple.
Place your bets.
I could spend all day explaining how the business works. But unfortunately, I have a lot of business going on at the office here today.
But to speak to your extraction comment. That's exactly what I've been doing. Extracting and accumalating.
MJ is an all cash industry for the most part. If it's worthless. Short it. It's good for a 3 point pop for you. But if they execute then it's good for at least a 6 point pop for me.
It's irrelevant if the management team executes the business model. The float being so low was the reason I can now afford a block of realty in downtown Austin Texas. The high end area too.
Some are worried about dilution. I'm focused on execution. There's enough MJ business to go around to justify the added float and a price target five times where we are if management continues to execute from within.
Alan - nice. Good find. I like baesement news.
You're right. CANN or any other business in the sector wanting to capitalize on the recent developments of new legalization states will need to make advancements in their platforms. CANN's model is geared specifically for growth by acquisitions.
The time is now. And their guidance and quotes have all stated as much.
News driven. Plain and simple. Announcement and we rock.
Just got my tickets for another concert. This one for you Alan.
Enjoy the pressure.
The sector is down, Sessions is a dweeb, you've told the world to sell, yet I bought 2 blocks and rode it up a point for a 6 figure profit. Why won't it go down?
Let me try again before the closing bell. Would it be better to unload a few inside shares before or after material positive news is released?
Would it be better to unload a few inside shares before or after material positive news is released?
10,000 shares. Whew! She's set for a life time!
Alan Borch - How many shares do you have shorted?
Not that it's over due. Kinda like strike when the poker his hot. A $5 or higher average changes the game for CANN. Even Alan worries about that.
Volume for the sector was cut in half today. CANN still maintains. Not boring at all.
Money never sleeps. Never. Keep busy trading the volatility with others, and look at that inclined graph of CANN from .38! Works for me.
People are hungry for news. Feast or famine. CANN has the catalysts aligned.