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If Kubby lost and that was the opposite of the truth...we are going to the moon. Combined with funding, an acquisition, and shorts covering, we are going to the stars. Looking forward to the next couple days imo.
A couple million in funding would send this stock waaaay up. I believe it too, they keep talking about how much interest there is in what they are doing.
Funny when I first read that I was thinking this has to be fake....Was just about to post I bet its a short ploy to get a couple panic sellers. Man they are desperate. Breakthrough still coming soon imo.
Still super confused actually. The article must be fake or CBIS has been lying big time. Will be interesting to see.....
Hmm things make a lot more sense now. First off everyone needs to calm down, it is not as bad as it appears. I was wondering why they were going to acquire a private pharmaceutical company, but now it makes sense. They bought Cannex for the patents but probably knew they were going to lose that case, and have therefore filed for new patents and are acquiring a new company with more patents. I was wondering why they were doing this, but seeing as they just lost those patents, it all makes sense. I am still confused about some of this because it seems if Kubby regains control of Cannex, then CBIS doesn't owe them anything. In that sense it would be amazing. Losing that case means nothing in my opinion except for their reputation is put into question. I imagine some panic selling might occur as well, but this is still the company that is going to be producing pharmaceutical cannabis in the future and owns a couple dispensaries now imo. Hoping for a PR soon as well.
Kubby is selling some shares...but the majority of the problem is shorting. He is also pretty much done from what I understand. Look at any other MMJ stock like CMSI or MJNA. Constantly being shorted. Its interest groups against weed imo.
Im prettttyyy sure its NITE, or at least involves them. But anyways, looking for a solid PR soon!
This HESG discussion seems rather off topic imo. There is a board for that.
I'm thinking tomorrow may be breakthrough day!
Thats pretty interesting
If this manages to stay in these levels today, I can SLAP THAT ASK hard manana.
Hey Clay, can you do an annotated chart for CBIS?
Hey Clay, can you do an annotated chart for CBIS?
Man that Kubby news makes me super bullish as well. It makes one epic of an equation. Kubby done selling + Shorts covering + Solid PR = To the moon!!
Well I am grateful to be taking some of those shares off his hands at these prices imo!
Good idea imo. Thursday will be the day I can purchase more, I could see us single-handedly breaking some resistance points and forcing shorts to cover.
Looks like today we close at .14 but I'm thinking tomorrow or Thursday could be the breakout day!
Ya I think we are in for a nice little ride. It seems quite obvious to me that management is about to release a VERY huge PR about recent agreements. That combined with shorts covering could be quite awesome. "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."
Haha, if it is still near this range in two days, I will also be blasting it. Waiting for some funds to clear...
I'm thinking a lot of shorts got caught with their pants down from the last run and worked hard to bring it back down to this point. Look for a nice little squeeze soon as they start to cover imo!
Thanks for the PM! I'm thinking big run coming soon as well!
Shorts.
20100607|CBIS|53000|93250|O 56.84%
Its just the percent of all shares traded that were shorted.
In the .20's to set off the squeeze is what I was talking about. But ya dollar land will be comin soon!
Just like how CMSI had a PR today about a short squeeze, I believe if we hit a certain price with a solid PR we could have an epic squeeze as well imo. Somewhere in the .20's im thinking.
Just realized no one has posted the short data for the last couple of days.
20100601|CBIS|58825|204264|O 28.80%
20100602|CBIS|96330|263255|O 36.59%
20100603|CBIS|71500|256926|O 27.83%
20100604|CBIS|66414|154129|O 43.01%
Wish we could get some sort of short squeeze info like CMSI...I'm pretty sure our shorts have been ever worse over here.
Yay! Oh heres a nice link to MMJ progress in Illinois.
http://www.nwitimes.com/news/local/article_206a85c7-4ba7-5525-a8d8-3c9f00f1c78f.html
20100528|CBIS|18122|135635|O 13.36%
Interesting that we close green with this short data.
They will let it run soon, don't you worry.
Nice video! I feel a breakout coming soon!
20100527|CBIS|46929|98694|O 47.55%
This shorting is ridiculous.
If the shorts have to cover we will most certainly break the resistance points soon. If the manipulation continues to occur then we may be sitting here until more news.
20100526|CBIS|130325|227565|O 57.27%
I do wonder if there is a fraudulent SEC member or if NITE is giving the SEC incorrect numbers. Regardless it would be nice if something could be done. I contacted the company over two months ago about this and the SEC, but nothing has changed. If anything it has gotten worse. Maybe more pressure from more people is the solution.
I found the email I sent to CBIS that you might want to look at as well. This is from March 4th. Now it seems to be going on worse than ever too.
"As an investor I would like to bring this information to light.
What does Cannabis Science know about this information?
Source: http://regsho.finra.org/regsho-March.html
Date|Symbol|ShortVolume|TotalVolume|Market
20100304|CBIS|75562|159572|O
20100303|CBIS|11500|62765|O
20100302|CBIS|78020|188688|O
20100301|CBIS|48000|239881|O
February
20100226|CBIS|14245|64670|O
20100225|CBIS|35160|118122|O
20100224|CBIS|22260|94850|O
20100223|CBIS|14130|132760|O
20100222|CBIS|49741|124235|O
20100219|CBIS|40155|153655|O
20100218|CBIS|52429|215863|O
20100217|CBIS|91200|175073|O
20100216|CBIS|65063|184174|O
20100212|CBIS|59488|166373|O
20100211|CBIS|40835|116908|O
20100210|CBIS|109487|306316|O
20100209|CBIS|82859|205175|O
20100208|CBIS|62000|114880|O
20100205|CBIS|60178|94422|O
20100204|CBIS|12550|44394|O
20100203|CBIS|10356|42878|O
20100202|CBIS|7576|49513|O
20100201|CBIS|55989|69589|O
January
20100129|CBIS|12050|40800|O
20100128|CBIS|20087|154925|O
20100127|CBIS|10700|59886|O
20100126|CBIS|16500|111921|O
20100125|CBIS|23868|68595|O
20100122|CBIS|23384|140438|O
20100121|CBIS|55841|142241|O
20100120|CBIS|95568|168236|O
20100119|CBIS|10867|164443|O
20100115|CBIS|99617|164703|O
20100114|CBIS|33485|87530|O
20100113|CBIS|185199|513837|O
20100112|CBIS|367971|614363|O
20100111|CBIS|129505|313918|O
20100108|CBIS|63061|141850|O
20100107|CBIS|104659|148426|O
20100106|CBIS|70746|96411|O
20100105|CBIS|75528|82028|O
20100104|CBIS|10200|68500|O
Naked Shorting?
Investopedia explains Naked Shorting:
Naked shorting is illegal because it allows manipulators a chance to force stock prices down without regard for normal stock supply/demand patterns.
Demand has gone up, but PPS has gone down???
December:
20091231|CBIS|11500|59250|O
20091230|CBIS|26423|94108|O
20091229|CBIS|21210|57065|O
20091228|CBIS|11453|39690|O
20091224|CBIS|61510|122600|O
20091223|CBIS|24266|60724|O
20091222|CBIS|7306|12206|O
20091221|CBIS|18550|50920|O
20091218|CBIS|43000|147199|O
20091217|CBIS|27682|72952|O
20091216|CBIS|99554|174209|O
20091215|CBIS|53263|119949|O
20091214|CBIS|36000|102825|O
20091211|CBIS|21030|86723|O
20091210|CBIS|8200|72181|O
20091209|CBIS|7050|84867|O
Tuesday December 8, 2009 Last Day Not Shorted
58 days shorted in a row...
Who is shorting CBIS??
Monthly Info:
Source: http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=CBIS&SortBy=volume&Month=2-1-2010&IMAGE1.x=10&IMAGE1.y=3
February 2010:
Total Share Volume: 2,480,474
Market Maker / Volume / Rank / %
Knight Equity Markets, L.P. / 1,655,435 / 1 / 66
January 2010:
Total Share Volume: 3,303,991
Market Maker / Volume / Rank / %
Knight Equity Markets, L.P. / 2,123,046 / 1 / 64
December 2009:
Total Share Volume 1,833,335
Market Maker / Volume / Rank / %
Knight Equity Markets, L.P. / 2,123,046 / 1 / 64"
This is the link to file a report to the SEC if you want: http://www.sec.gov/complaint/selectconduct.shtml
Ya sorry about the link I put a period at the end that messed it up. Here it is: http://www.sec.gov/news/press/2010/2010-26.htm . Its definitely the Market Maker and in my opinion its NITE due to the high volume they trade on this stock. Ya I'm suprised CBIS didn't take my short data more seriously, it really messes with investor confidence and getting runs going. I have filed a report to the SEC about it in the past, maybe they are looking into it...who knows. If you would like to file an SEC report as well, I will look for the link. Hopefully we will just get rewarded with an epic short squeeze and nothing will really matter!
lol or rhotos.