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Lucky I was sitting at the computer when it took off. Sold half of my position @.17 for a very nice profit. The rest is still sitting at a nice cost basis of only .07 now. Let us see what tomorrow will bring!
Did I miss some sort of big news or update as to why they have not filed? I was under the impression that it had to be accomplished last week....as something changed?
I disagree that the longer it takes the bigger the impact...I think all of us would welcome news of any sort anytime to boost our confidence. I do not care how many folks talk to the CEO or anyone else, until it is filed in writing, we have nothing....seen this same sort of action happen too many times and people get burned.
This information is way overdue....either file or post a PR as for the reason of the delay....you owe it to your shareholders...
Okay, here is the rub on CBIS. We all know that they are a Medical Marijuana play....pure and simple. To that extent, I look at them like any other bio-tech trying to get a drug to market, which is what they are trying to accomplish. Like any other bio-tech, they need to raise money to conduct trials to get FDA approval pure and simple.
So what is the pay-off? If they get the drup to trial phase and it is approved, big pay-off based on the billion dollar plus market for treating PTSD and other illenesses.
But like the other message, this is a long term play. I think the divy will boost the price somewhat for a short term, will I stay for the payout of shares, most likely. Why, because eventually, CBIS will announce advanced clinical trials for their products which will spike the price even higher. If that occurrs, I will sell my position and only keep my free shares....so if something gets approved, I will make a lot of money.....if it does not....then I still do not lose anything...who can argue with those odds!
Well, naturally it will drop because the lack of information on the status. The update really said nothing as to why.
Either way....I think we are holding the bottom here like a few months back when we were at the .05 level. Folks to added at the bottom and had the patience to wait for the pop, made some good money. I am hopeful that CBIS will get it right this time and get it approved. Still good money to made on this one, GLTA
It looks more to me that based on the communication that CBIS did not have all their ducks in a row. It looks to me that we are still right where we started except that we are now looking to Dec instead of Nov. I also noticed that it was still "Proposed", nothing approved by FINRA either.....nice going CBIS. Let's hope you can get it right this time
Have we heard anything new on the Divy or is it dead.........
Agree, I flipped by cheapies yesterday for a very nice profit....goodluck
Why?.....if 10Q not out by now.....I doubt it will come out until Friday or even next week......more time to get in cheap again....good luck though
I really hope you are right......it is pretty apparent that any news at all will send this thing North very quickly. Not sure if they can at least issue some sort of PR to update before the 8k, but something is better than nothing......
Just slapped the ask for another 10K!
Dude....I agree with you on MMMG...what a waste. They have not handled themselves nor this stock very well at all.
I too have flipped this stock a couple of times, but got stuck with some shares when the last merger did not pan out like I thought it would.
However, if the company can get its act together and sell the other parts and revise the share structure....we might make a little money on this thing......but nothing near what was being pumped.....lol.....that is for sure......I hope everyone does well on this trade......
Nice back-peddle, but that is not going to float with a lot of investors who bought in or back in today based on the information that was being passed......chart or no chart.....pps will gap down if that 10Q does not show tomorrow morning.....folks will sell......and maybe buy back in the sub-penny zone....maybe....but I am very optimistic that something will be filed.....go TRDY
I would not be adding any money to this stock until this dividend thing is worked out.....IMO If it is delayed for some reason, I would expect the stock to drop back down to the .05 level and remain their for a while or until CBIS finally gets it act together and gives us an update on what is actually going on....I am hopeful, but not feeling the "love" right about now....
Funny, not what I was told on this board and the yahoo message board. Seems folks who called reported that he told them that there was a communication error with audit and that it was fixed and to expect not only a 10Q, but an 8K as well.
I am sorry, buy your comment does not make any sense. If the people who talked to the CEO today are correct in what they said in this forum about his comments, then I really think we should see something before open tomorrow. If that does not happen, then there is some issue as to the credability of the CEO and the company. You do not hold these reports for fun and games.
Very surprised indeed....tood 95% profit on the shares I bought this morning on the low......keeping my core position with hopes the 10Q and hopefully 8k come out tomorrow.....GLTA
Did we finally get some news on the 10Q saying it will be out tomorrow?
Down, Down, Down......like a rign of fire! Just another pump and dump in pennyland......MMs get rich and we lose everything again
That is nice and all, however, it does not gurantee anything in this case. It is still all speculative at best and the speculation is not looking good anymore the longer we wait for theis 8K to be filed.
I just find it kind of funny that all the folks who were so sure of this thing and pumping it hard are now gone....moved to other boards to pump another stock that is also declining as well.....seems to me that I was the sucker on this one and that this occurs more often that naught.......no more
The problem is that the Divy is still only proposed.....CBIS has not come out and said it will happen.....no wonder the stock is tanking.....CBIS is failing us again
Still holding out for the 8k, glad I took a little profit off the top, but hindsight says I should have sold a long time ago......Live and learn especially when folks are pumping this thing up to $1.00.......all I can do is hope it does get filed....GLTA
Yes, thank you, picked up a boat load at .085!
Well, for everyone's sake on this board.....I hope that info comes out way before Christmas. I have a feeling again that if the 30 day mark is breached, we may be looking at a sub-penny level again......I really hope that is not the case......come on LOCN......show us the paperwork, most of us have been very patient
Well, CBIS who filed the late request filed their 10Q two hours ago........Come on TRDY, time to get the info out now......
No when it comes to pennyland....no news is the kiss of death. I am very surprised we heard nothing today.....now I am starting to question if the Divy will go through or not.....if it does not....this will drop like a lead balloon.....come on CBIS.....give us the news already
I think everyone on this board is 90% or more confident that the person who bought the shell is who we think he is and a greater percentage are sure that a 10Q will be filed....but with all that being said, why is the stock not running on this information.....my fear is that when we do get the news, everyone will sell........
I hope we are, however, we need the final news on the Divy....period. JMHO
Well, just put my order in for 50K at the ask.....lets see what happens.....make or break time
Yes, that is the Million Dollar question here.....I think that is the reason the pps has dropped so hard.....I hope it is AHs today.....if not.....we are all in trouble.
Actually, you have no clue on how this stock is trading.....the mere fact that this thing has been in this trading range for well over two weeks speaks volumes.....you would agree if you have any experience trading penny stocks.......vast majority would have fallen much, much faster if it was some sort of pump and dump.....an you know it. the fact that it has ran despite any news update says that MMs do know something is coming.....and if you think they do not.....think again and read the headlines over the wires on how the big insider trading bust is coming down.....just proves how the insider work things to their advantage.....no difference here ....IMO
Well, I was hoping you would say before Thanksgiving.....Christmas will be just a little too late for this stock.....IMO
I take that back....order for another 25K filled at .018!
Same, even tried buying above the ask.....no dice.....sucks!
I am pretty impressed how strong everyone has been holding. I think everyone can see how evident it is that when news hits, this thing is going to pop big time because of the low float unlike others like TRD* that seem to be the talk right now. As I stated before though, I hope we get some type of update, PR/8K, much sooner than later....would be a very nice Thanksgiving present.....!
I would not be surprised...very good support at this level...very positive for Monday. I hope they do a nice job to getting the PR news out.
I would temper my expectations on the Divy news update. First, CBIS needs to get that announcement out Monday morning by the latest...period if want to see any run-up based on the dates they provided as far a DOR etc.....I would expect a small surge past .10 and hope it holds. The over the next few days, gradual increase in investors....the only bad thing is that it is over the holiday....volume could be lite which would hurt us.
Then once the DOR has past, I would hope that there would not be a significant sell-off. I think there will be some, but nothing near to what happended after the Prop 19 vote. I think we would attract investors who see the long term potential in this field vs the other quick flippers....either way.....I think it is a good buy in this range for short term gain.....and even better for long term.....GLTA
Any current L2
Agreed, chart is looking good as well for nice reversal/uptrend....go CBIS!
That is all we and good, however, i would not expect the stock to move on it at all. I would even expect the company to show that it is still losing money as that it is trying to establish itself and obtain investors to fund FDA trials.
What I want to see is the announcement of the approvel/sign-off for the divy to go through on the planned dates. That should attract a lot of divy players...IMO