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20100617|CBIS|300758|650829|O 46.21%. These shorters are insane.
Ya I'm very curious as well. If I had to guess I would still say ~20-25%
Current market cap: 7.08 million.
Two different dispensary operations, a 7,500 sq. ft facility, pending patents, and upcoming FDA submissions, this thing is so undervalued it makes me happy. Time for me to buy more imo.
Good, I'm glad! This company can be frustrating but I still feel as though we will be greatly rewarded for sticking with them even through the worst of times.
With watching this company for around a year, it does seem like they enjoy stringing together big PR's in order to build momentum. I was having the same thought that they may throw another PR our way in the next couple days...
Buy volume starting to significantly separate from sell volume!
Lovin the acquistions!! Cannabis Science really is creating a nice umbrella over the entire industry!!
Welcome back!
I totally agree with what you are saying. I have a feeling acquistion news is coming and at least the fact that they received some nice funding. Maybe tomorrow...
20100616|CBIS|118244|375635|O 31.48%. Maybe we will start to see a downtrend in shorting, that could be huge. Lower percent of shorting today, and an above average volume for today, makes me think the shorts may have started covering. Thoughts?
I can't believe the market manipulation occurring with this stock at the moment. We may be in for a reaalllyyy epic squeeze if we can get the right buying pressure.
The shorters are relentless. They seem scared to me. Liking the high volume though.
"Things are progressing very quickly for us as the company moves forward with its multiple joint ventures and acquisitions. We are sure to be in for an exciting time for everyone involved. We look forward to making these announcements soon." June 8th, 2010. Over a week ago. I guess my soon and their soon is different ><.
I agree.
20100615|CBIS|116951|238467|O 49.04%. What a terrible day to short. We are going to the moon with the right news imo.
Look at that buying pressure in the last hour! A lot of 10,000 blocks.
Ya didn't seem like much if any shorting today..today's data will be interesting. Past couple of weeks have been some pretty hard shorting, I don't know if they could have covered yet.
This thing is starting to ramp up...lots of eyes over here. A solid PR and we are set for some nice gains imo. Lots of people seem to have just been waiting for a bottom, which I think we found.
What if you added in an acquisition, shorts covering, and minus the shares kubby sold that are no longer real?
Haha, he always seems to be slippery to me. I'm sure we have a nice PR coming soon with funding information as well as acquisition information on that private pharmaceutical group. The idea of private funding relieving some of the shareholder burden could do wonders imo. I could see a huge PR by EOW, but who knows, they tend to take their time and make the big ones extra juicy.
I wish I knew more about the funding, it may be tied to the A/S but even if it is, selling is usually restricted on those shares for about 6 months. I am getting psyched for our next quarterly report, I believe its about to be a whole new ballgame. Less debt and revenues really is going to attract some institutional investing. I was initially investing for their potential pharmaceutical products and these new dispensary ideas are just amazing as well. It definitely helps that Dr. Bob is also one of the best known people in this industry. Soo many different things to be excited about. GL longs!!
lol so true. Forgot the link for a while but here is where our cash is coming from, for anyone that is new ----> http://www.rockbrookinc.com. Nice 7,500 sq. ft. building grow op that accompanies it. Nice grower/distributor combo! Can't wait to hear more about the, "acquisition of a private Biopharmaceutical Company" as well, I'm sure that will help the FDA process tremendously.
What makes you say the company is in trouble? This was not so much damage control as defending themselves against slanderous statements that are illegal. Wouldn't be suprised if they didn't get some cash from Mr. Kubby for these comments imo. If anything this should be making a reversal soon. Does no one understand that they own two revenue generating operations now, and are also beginning to turn heads in the investment community for funding???
Any real investor already knew about what this PR was saying, selling on the Kubby news was just silly imo. Gvae the chance for more shorting to occur, nothing more really. Nothing bad has happened, if anything I'm glad Kubby no longer owns any CBIS stock. I doubt this PR would do much for the share price, people are looking for updates on acquistions, fda process, or revenues from current operations or private investors. I still think a PR with substance will be coming soon. GL longs.
Reverse merger ftw
Of course I would say add now, but i've definitely been wrong a couple times with this company. If they put out a PR that looks good I am going to add more myself. Waaaay undervalued at this point.
Twitter updates:
"CMSI prepares to launch medipayments card in Colorado for medical marijuna.
about 4 hours ago via web "
"CMSI to become first Company to successfully offer alternative payment card to mmj's to replace visa and mastercard challenges.
about 4 hours ago via web "
Haha well thank you for squashing the rumor, I will give them a call tomorrow
20100614|CBIS|177937|493055|O 36.09%.
I wonder what will happen since he diluted the stock with those shares, but that they were cancelled. Your guess?
Twitter updates!
20100611|CBIS|208825|553818|O. Man are they shorting hard, with some news this thing might explodeeee
20100610|CBIS|111638|356827|O 31.29%, not too bad...
I really do think we are going to explode soon.
Ya no joke. Mr. Cowan sounds like a BAMF. It was also pretty exciting to see that Dr. Bob also thought Kubby was a thief from pretty much the beginning. What a great CEO/CFO combo imo.
Ya me too, I've always thought this is the MMJ stock with the most POTential. Looking forward to the future.
Ya that was just a little hiccup, I'm more interested in seeing the short data for today and also hoping that we get a sweet PR soon.
Do you know if the big ass building is different than the 7,500 sq. ft. one already discussed? If so that would be huge as well.
I love this stock.
Anyone sensing a PR after hours or tomorrow? Cause I am! Glad I got some at .12 today.