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Did I miss some sort of big news? What is with all the volume on this stock.....been sitting on almost 2M shares for a few years now.....good time to sell or should I hold for some big news...
Thanks
Did they ever throw out the name of the Hydro Company so we can confirm assets?
Negative....meant.."If I were you, I would sell" trust me on the R/S issue though.....they are usually always bad.....cost avg down is not the way to go.....trust me....I have bit the bullet on this one before....just trying to save you some money....wait until tomorrow....this thing will pull back even more....becase people know what happens when a R/S happens.
Sorry, sold out my share @.31 today......but if this R/S happens...sell before....wait for the shorts to come in and drop it even more .....and if you still believe in the company, then buy somemore.....if not, I am sure you will lose much more than the 20% from afterhours.
True, I would not expect to hear anythng for at least a month on financials if they even do report anything.
I just want the merger news to finally be sent out. Little worried about how long and how little info is being released on this merger.
I think this one is a losing cause. I will sell as fast as possible before they delcare ch. 11.
Goodluck
Where is Me2....still talking to Leo? Is the Montana deal done or has Leo come up with the money to make it happen by tomorrow?
Nice.....got another order to get back in at .36...this can turn into a very nice cash cow.
Good luck with your trade...
I hope you are right. Just trying to point out that other sites are doing some target pumping on the stock providing shorterm high gaines. Your strategy is fine, however, you can also keep a large core position long and trade a smaller amount around these jumps to pickup some nice gains. You can have it both ways (STS). I have been doing the same thing with SIRI for well over a year now and it has worked out very nice.
Good luck
Well now, maybe it is time to buy another traunch and cost average down.
Let Leo pump the Argentina Mine thing again so we can make a little money back and learn a valuable lesson for the future. Never listen to someone to claims to be talking to the CEO direct about how "fireworks" are just around the corner.....ha..
Good luck everyone.....good the thing I do invest in real companies that report financials and actually make real money....
http://alerts.stockhideout.com/default.aspx
Here is the link to the Stockhidout alert this morning for GRNO
Another pump and dump from the Stockhidout room. If played like last time, sell near the .49 / .50 level and wait for it to dip back down again. If you had like last time, you would be up over 100% in just the last week or so.
However, all I did was get bashed for that play.....too bad
Dade, very good comment. If someone is actually in contact with someone within the company that can answer some basic questions, then those are the type of tough questions to ask. If that person does not ask and just passes on fluff, then they become a mouthpiece for the company or free PR without substance. This exact thing just happened to DMGM over the last few days.
We need to question because it is our money.
Good luck
Buddy? Please finish High School before making such comments.
"A source close to the merger said “We have done as much as we could on our end. We endured agents falling ill
meeting various government representatives and now the ball is in Hydro China legal department court to approve
the documents and or make any amendment's and changes. Their primary concern seems to be securitization of this
enormous asset. We can only guesstimate the time frame but on the optimistic level 1 to 45 days would not be
unreasonable” "
So, I will say it again very slow for you Mr. DD. I doubt China legal dep, will blindly push through anything especially when dealing with security issues. I would be prepared for a lengthy process that will most likley go through two or three iterations.
That is the point I am trying to convey. Just trying to voice some reason when folks begin to get impatient with news and start to sell shares, that is all.
Thanks for posting that other info, but from what I could gather, are we not talking a little more than just gathering other signatures? It sounds to me that this merger would or does net the approval of the Chinese Gov does it not. If that is the case, then I would think that 45 days would be very optimistic at best. Just thinking out loud
45 Days from what point? Did I miss some information here recently? I hope we are not talking 45 days for a filing from this point......
What are the updates really based upon though? Someone's tweet or email or even someone saying that they talked to the IR guy directly. Too manny folks have been burned by this kind of info in the past on penny stocks.
I think people are waiting on the actually filing.....not a paid PR. Once that happens....then we will see our fireworks...not before.
Just giving my opinion like everyone one else here. Just because it is not a constant "pump" does not mean it does not belong.
Grow up and deal with it. Sometimes it is good to question others and not blindly follow or listen.
No offense, but do you know how many times people on Ihub say they have called the company and news is just around the corner just to keep people hooked long enough for them to sell out?
If the Divy news is so solid, then why has thing thing not run already? Think about it, if it sounds too good to be true, then maybe something is wrong....if it wasn't, this thing would have tripled by now with folks jumping on the wagon to get on the deal. You know it...and I know it.
If they filed the Divy with the SEC..please provide the link if you found it.
Thank you,
What Divy news? All the company did was pay someone to post on a PR that they are looking at the possibility of issueing a divy in the form of preferred shares.....they did not announce that it was going to happen, that is why the pps has not moved.
I am still very concerend about my position in this company as that the pps has done nothing but fall despite all theri PR attempts. Why do you thing that is? I worry this is more pump than real substance and if prop 19 does not work out...this thing will become a subpenny faster than we can snap our fingers.
If they are on the up and up....then they really need to follow through with the new share structure ASAP and file with the SEC...period....GLTA
Glad I pulled my order and waited for this thing to drop back down to .37 range. Nice entry right here. Will wait for the pump from the expected financials to flip this thing for a nice profit.
Again, I think Howard announcing that he has signed a contract is going to be a no brainer....and when it is announced, which should be soon, I would expect the share price to jump 5 to 10 cents..... Hopefully this is far enough prior to 3Q run-up, we can sell on the spike and rebuy on the dip and then ride the next wave into 3Q announcement.......
You are right about that.....need information very soon....this "maybe next week" stuff will just not cut it. If something firm is not PR'd or filed by the end of the month...well, lets just say the rats are lining up along the sides of the ship.....
me2...Are we going to get some actual news soon, because this thing has been strung out much longer than anyone expected IMO.
I do not see this thing maintaining any type of support unless something concrete is filed soon.....I am keeping my fingers crossed....
Glad I pulled my order...without the news everyone in here has been pumping, I will expect the price to drop tomorrow and provide a nice entry.
GLTA
I guess my reservations on this stock are true for the most part. I thought the new share structure deal was just too good to be true....looks like we have all been had here.
Maybe it is time to throw in the towel and move on....and to think everyone here was giving me a hard time for voicing my cautious opinion.
True...enough...however I disagree on the "never flip pennies" portion...JMHO. As a general rule, most consider those who keep pennies longer than 48hrs "bagholders", which is more than often true. However, there are those rare occasions though.
Just giving my opionion.....good luck on your trade.
Just for your info....I did buy into this thing after this mornings dip. I think it will slowly climb on the lead up to financials and pop if they beat them.
Good Luck
Good luck waiting years on your 10 bagger...if anyone needs to see the big picture, it is you....
Take for instance SIRI...I bought in real low...started riding the stock like a roller coaster until I figured out that I could make much more money buying the dips and selling the rips, while keeping a core position long. For instance....I kept 25K shares LONG and sold 20K shares around the position making about $1.5K - $2.5K each time. Have done it 4 times so far. That my friend is how you make money in this market....
As for this stock...if they are solid....I myself would buy back in at the low of the day today or tomorrow....and ride this thing up on anticipated 3Q news especially if they are raising guidance....
Think about it....sell today for 50%.....rebuy at the low and ride it somemore...that is how you make money in this market these day.....days of buy and hold are gone my friend....think about it.....
Then why is it dropping like a rock
All of you are just too greedy....."Don't sell Cheap"....what a loser statement. Do the math....sell at .51 rebuy at .46 or lower....sounds like good money to me and you can still stay long hoping for this thing to jump much higher....which may not be for a while.....Good Luck
Dude, Profit is profit! Use the news to your advantage.....as you can see, the price is already dropping fast....I would have sold and re-entered at a lower level to play the bounce. Take it for what it is worth.....
Stock was the Stock Hidout Pick of the Day.....expect a steep drop after everyone flips this thing at the peak....If I were you, sell now for a profit and jump back in this afternoon after the price settles if you are LONG this company.
Added another 100,000 @.0051 for a total of 350,000 shares
I think you need to read the PR again:
"Cannabis Science Inc. (OTCBB: CBIS) ("Cannabis Science, CBIS, or Company"), a pioneering US biotech company developing pharmaceutical cannabis products, is pleased to announce that its Board of Directors have begun investigating the corporate and legal requirements required to issue dividends to shareholders to create a new class of common shares."
All they said is that they are just beginning to investigate the possibility of providing dividends and creating a new share structure.
For all we know this could be just another fluff PR. I think this is the reason the pps has not moved. Until they come out and announce their intentions with an executable date....we are not going to move....
This may or may not be a good time to buy....how much do you trust management to follow through? I am going to hold a little longer to see what happens since this thing already appears to be at support......hopefully nowhere to go but hope....
Not sure what you mean by waited this long. I already own more than a few shares of this company. However, most of my shares were bought at the .10 lvl. So forgive me for being a little concerned here.
The company has pumped out a lot of PRs lately that have not amounted to much and all I have seen is my stake drop by 50% without any solid performance news. I know this is speculative, however, I do expect some info that makes us feel that the company is working for our interest as well.
I am a little leary of this proposition. Company needs to make money before offering any dividends. Been burned before on companies issuing stock to raise cash for clinical trials.
What happens, is that they dilute the shares.....then comes a R/S....then they dilute again to raise more money while you the share holder gets left holding a bag of rocks.....ash anyone who has invested with GETAD....great example.
Seems like time to run for the hills.....this is why the stock did not rise today....it was not good news.....GLTA
Well, I hope you are right....bottom line, VCTY needs to give out some information regardless. They owe it to their shareholders and future investors.
Just doubled my shares this morning.....thanks for the info. I might try to flip this thing this afternoon of another filing comes out....
I really hope this thing does not turn out to be some sort of scam. To delay a merger on one person seems kind of odd to me, especially when everyone thought this thing was just about done.
Some sort of solid PR needs to be sent out on the exact status of the merger and expected completion date. Other than that, I am starting to feel like we are just being strung along and by the time we get the straight news, we will have lost everything.....I am not bashing....just concerned.