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I've noticed Google finance gets glitchy some days and will show incorrect/old data
Apple is constantly involved in lawsuits with meaningless companies trying to get a piece. That is non-news IMO and why they have a team of baller attorneys on the payroll. They could buy EDIG out tomorrow if they wanted and it would just be a drop in the bucket. Moving on....
"Note=10-02 company is inactive & charter revoked by the Secretary of State of the State of Florida for failure to file annual report"
The only way this is hitting a dollar is a reverse split, which I guess isn't that unlikely since they are almost maxed out on outstanding shares.
The official reason given on August 14 is that "The Registrant was unable to complete its audit and preparation of its 10-Q in a timely matter because of unanticipated delays." Shady...
I think that, when/if they're released, the 2013 results will show further net losses and more shares being sold to finance 'operations' i.e. pay exorbitant salaries. Maybe you can make money daytrading this, but CBIS looks like its going nowhere long-term.
When there are no actual positive signs at all for a company's future, it can be hard not to focus on the negatives....
I was just flipping through CBIS's 2012 annual report and I truly don't see how anyone could be bullish on this company right now. I think the cannabis industry has HUGE potential but CBIS is losing money fast and the future doesn't look good at all.
From January 27, 2005 to December 31, 2012, CBIS earned TOTAL revenues of $126,682 while putting up a net loss of $86,574,241. Net loss almost doubled from 2011 to 2012 for a total $16,037,572 during 2012. They are financing all operations and acquisitions by selling stock and have basically nothing to show for it.
When a company says "There is substantial doubt about our ability to continue as a going concern," you may want to be cautious.
Apparently I am a "moron" for doing research and looking at the financial reports(or lack thereof). They will probably be selling energy drinks or something within a couple years
They are full of it. CBIS is a share-selling machine. Pure dilution. No revenue at all. I just got a real friendly private message from one of the pumpers here. Keep holding your shares and pumping this joke of a company. There is no reason at all to be bullish on CBIS. They have no actual piece of the cannabis industry and will never be a good long term investment.
I saw no mention of CBIS as a "legit" company in that article or accompanying video.
CBIS shows all the signs of a classic pump and dump, I would exercise EXTREME caution and DD on this one.
the total market cap is now $3,319. Wow. I'm sure more than one person lost quite a bit more than that investing in this POS.
Apple has been oversold for months now - overdue for a pop. Despite the slowing growth, their fundamentals have remained strong and they continue to put up good numbers. Buyback in progress, rising dividends, new product cycles on the horizon - things look good to me.
Laughable. $150 isn't coming without a split. Cleared a space on my ignore list just for you and your "analysis"
maybe for pump and dumpers. CBIS is down over 90% pps in the last 5 years.
I don't know if I agree. Some pretty troubling signs from CBIS in my opinion - heavy dilution, shady quarterly reports, and all around weak fundamentals. They have been selling stock like crazy for the past 2 years.
For the record, I love cannabis and think the industry has a ton of potential but I would exercise serious caution before investing in CBIS. I sadly haven't found an MJ stock I feel real comfortable with yet, but have been keeping my eye on a few.
CBIS Outstanding Shares Chart
$150?? really? I think they would have to report a couple of seriously brutal quarters before that was even a remote possibility. Absurd prediction
ex div is this Thursday (Aug 8) and payable next Thursday (Aug 15)
With Cook's recent trip to China and the rumors that the 'Iphone Lite' is dropping in early September, I am really hoping for a China Mobile deal announcement sometime soon. Such a huge opportunity there IMO.
It says in the video description that "This is an early look at what appears to be the casing of the lower cost Apple iPhone (now known as the iPhone 5C)." This is not the 6. It was expected that the lower cost model would have a plastic casing, not metal. I think I will continue holding, thanks though.
I sold my 21 remaining shares(40k pre-r/s) for a grand total of one cent last year. I was just glad to have it out of mind and my account. Whoever bought those shares from me got ripped off and should've saved their penny, haha. I am so glad I only wasted a couple hundred bucks on this POS scam.
Poppin a bit after hours. Earnings announced?
almost 80k volume today?? what is going on? who is seriously still buying this?
A whopping 522 share trade too! Total market value of 31 cents.
Why even waste your time typing? Are you ever right? Apple is not going to hit 405 today or likely again this year. The block button isn't very effective when I have to see replies to your inane posts day in and day out.
Back to 0.0001. Ike going to try and reverse split again? lol
Um, that's exactly what happens to every stock and etf I've ever owned that pays a dividend. The value of dividend is removed from share price on ex div day and most sites do not reflect it as a drop in % for the day. I was just trying to explain it for the guy, no need to be a dick about it
The amount of the dividend is subtracted from the share price on the ex-dividend date when any company pays a dividend.
Dividend is $3.05/share. Ex dividend date is 5/9 and dividend payable date is 5/16. Meaning shareholders as of 5/9 will receive the dividend payment on 5/16.
"The price-to-earnings ratio, or P/E ratio, is an equity valuation measure defined as market price per share divided by annual earnings per share."
Just one of many ways to evaluate the current valuation of a stock. As of close yesterday, Apple's p/e ratio was at 9.96. Unless Apple's earnings start seriously declining, looks like a pretty good value right now.
I'm holding at these levels myself. Sitting at about 10 PE right now, still looks pretty undervalued and who knows what the next product cycles could bring. Just my opinion obviously but I feel good about things for Apple from here.
Everyday's a rough day for savwatt
thank you for the ignore button!
Apple isn't going anywhere. I was personally pretty pleased with the results yesterday. Stock buyback is huge and new products will be in our midst soon enough. Eventually this is going to burn the shorts hard, just a matter of when.
There hasn't even been a falsified, misleading PR in months!
I have to agree - there will never be another positive move for SAVW. Ike Sutton is a greedy crook and was focused on diluting and selling shares instead of building an actual business in the fast-growing LED lighting sector.
It's a pity because I really think LED's are going to become huge over the next decade with their massive energy savings, especially as their cost decreases. SAVW is definitely NOT the way to get a piece of that action though. It is dead and hopefully Sutton will pay at some point.
Stick to the penny stocks, bud. You are clearly out of your element. Apple bankrupt in 3 years? I don't think so.