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Later Greens
Maybe you should focus a little more on censoring the real "spam" like the idiotic calls for this and that random MJ stock, opposed to censoring in depth dialogue from serious market participants. I think it is extremely relevant, as do many others, to discuss the motivations, failures and frauds that have oozed their way into this new MJ market.
I'm sorry you feel differently and feel that posts like "TRTC is so Hottttt!!!!" bring more substance to this board. You have lost a follower here
He Ruined the MJNA Board
At one point, the MJNA board had some great information. Now idiots like AB, Det Clown Thorne, Newmedpolesmoker and F15 Retard have turned that place into a wasteland.
So according to AB:
MJNA is a dud, a fraud and expanding to a new corporate office due to operational growth is somehow a bad thing.
ERBB was a bad long term buy at .0025, yet the stock is up nearly 4000% since he posted that.
CANN was NOT a fraud according to AB, yet according to regulatory bodies it is and was demoted to grey sheets as such.
CANV was a fraud and bad investment at a few dollars, yet CANV skyrocketed to over 100
HEMP was a sell at half a penny, just before it went .30
AB was a "bull on FULL" and look how that turned out
OH YEAH, HE DIDNT HOLD A SINGLE POSITION FOR JANUARY 1ST, 2014 DURING THE BIGGEST EXPLOSION TO DATE FOR THE ENTIRE MJ SECTOR OF WHICH HE "COVERS"
Look it's bad enough this guy has screwed over anonymous message board followers and those foolish enough to pay for a subscription to his piss poor analysis BUT
He also blew $800,000 of mommy and daddy Sue and Ray Ray Brochstein's capital for their foundation. That's about as bad as it comes.
I tried to warn people about this jerk but was repeatedly censored by iHub and the 3 idiots mentioned above that monitor the MJNA board.
Oh well, I guess I'd be pissed too if I were them. Without getting into specific figures, I've made an absolute fortune from my MJ investments. My Nov 2013 post on the ERBB board titled "I'm giving ERBB until Q2 2014" says it all.
AB Also Called This
"ERBB has been a HORRIBLE LT investment"
Up nearly 5000% since he was discouraging folks from buying
"MJNA is a dud"
When the stock was at .09, before going to .42
Also calling my buy at .16 a "dud" even though it has been up anywhere from 75-200%
And now AB is back over on MJNA bashing like a complete fool. MJNA just PRed that they are expanding their corporate headquarters and that fool AB is saying that is a negative. The moron doesn't even recognize growth when it slaps him in the face. No wonder he was such a miserable failure in NYC and had to run home to mommy Brochstein.
Greens you got a good thing going with this board, don't waste it with the likes of AB. He is a failed NYC finance reject who moved back to Houston, TX only to blow nearly $800,000 of his mommy's foundation capital through his piss poor investing.
That idiot completely and utterly FAILED in his analysis of the MJ market by discouraging people to buy several major winners prior to Jan 1, 2014. GREENS YOU WERE ONE OF THE MOST FURIOUS IHUBBERS AT AB FOR HIS MISERABLE CALL TO SELL BEFORE THE NEW YEAR.
You need to stop this madness
Way Ahead of Ya Pal
I dropped $10 into Alan Brochstein's pathetic crowd funding effort. Now that I have been shown clear evidence he has yet to retain counsel, I will closely monitor the situation. If Mr. Brochstein doesn't not use the money accordingly,
I will be the first to bring a fraud suit against him.
420Investors, Brochstein Followers Missed Out on 5000% Gains
In just ONE SINGLE STOCK: ERBB
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=89685401
Give it up already Alan. You are a laughing stock for pros and you are abusing the ignorance of those foolish enough to waste money on your miserably bad analysis.
By the way, would you like me to repost the link that confirms you have yet to hire counsel to represent you in the AVTC suit, DESPITE HAVING HIT UP YOUR FOLLOWERS FOR FUNDING.
People, the fact that a "professional" analyst needs to use crowd funding to hire a lawyer should be enough of a sign to you that AB is a complete clown. Seriously, what kind of pro needs to do that. I mean, I can afford AT LEAST $10k in legal fees if necessary and I'm not even a "professional"
More Brilliance from MJ Sector's "Leading Analyst"
"Why would anyone throw their money at this one?"
Hmmm.... They are a smart investor who knows that investments are based on future prospects not past performance.
Alan you completely BLEW IT MAN!!!
I would love to hear you justify this but you are so freeing scared of a dialogue with me because I have raked you over the coals.
According to the Link, That's a NEGATIVE
AB has NOT, I repeat NOT retained counsel for defense of the suit brought upon him by AVTC.
YOU WANT TO TALK ABOUT RED FLAGS....that's about as shady as it gets. How anyone can support this type of behavior is beyond me.
420Investor subscribers hear this:
AB is a failed financial analyst in the mainstream markets. He saw an opportunity to fill a void in the underexposed, burgeoning MJ market and exploited those less savvy or knowledgable.
Ask Alan how his trading affected Mommy and Daddy's foundation, seeing as he lost $800,000 "advising" the asset allocation.
What a Complete IDIOT!!!!!!
"ERBB has be a HORRIBLE LT investment"
Yeah up over 4000% since this was posted!!!!!
Oh the horror!!!
Another brilliant call from the MJ sectors "leading" analyst
Why Does Alan Brochstein Still Post Here?
Nobody gives half a turd what that guy says. He blasted ERBB in 2013 and now the stock is up over 4000% since his absurdly bad calls, which is just one of many. As if he wasn't shredded up by folks here on the message boards, Alan is now facing a major lawsuit from a company in the MJ sector. Gosh and he thought losing nearly $1m for Mommy Brochstein's charity fund was bad!
I said it before, I did some DD on this clown and he is a miserable failure in the financial realm.
Don't let Alan Brochstein's failures become yours as well
From Telluride CO
I've had a great meeting with 2 dispensaries here in Telluride, 1 medical and 1 recreational. Unfortunately, I'm about to walk over to the lifts for day 4 of some unreal skiing but I will try to get back here in the next few days for a little breakdown of the discussions.
Let's just say ERBB will have some machines here soon.....
Sorry Dan Nobody Cares
You first appeared here with overwhelming enthusiasm for ERBB. Just as suddenly you turned tide a became a major detractor. That schizophrenic behavior turned most people off to your posts. And now you are trying to shill a different company?
Get lost kid.
Steve Nash...Canada....OneBode.....ATTBF
Nash is a 2 time consecutive NBA MVP and All Star.
He is also a hero in Canada as well as the USA.
This could help bring OneBode to Canada.
Here's the thing.
The Zazzz machine doesn't have to be about cannabis distribution.
I see a lot of speculation about Zazzz "weed machines" being out in grocery stores and liquor stores. As much as I'd love to see that, realistically it will be a long time before Zazzz machines appear in public.......Unless.....
Unless, they started selling other non cannabis items such as OneBode health products.
In that case, Zazzz machines could easily be place in grocery, nutrition and convenience stores. There are a lit of costs getting such floor space but who knows where this could go.
AmishGangsta, That's an Unfounded Generalization
Just because you assume ERBB is like other "highly diluted in debt shell companies" doesn't quite make it so. I remember another "professional" cannabis analyst making similar statements before getting a $100m lawsuits dropped on his head. Not that I'm insinuating you're in any legal peril but I'm referring to the fact that you have zero credible evidence pointing to a scam other than your opinion.
What is the end game with releasing PRs, selling shares, releasing PRs? Seems like several pretty bad outcomes as the game could only be played for so long before lawsuits, authorities or total failure catches up. That sort of action happens with many other penny stock "companies" but so far ERBB is proving legitimacy every week that passes. Deals with existing MJ entities that have tangible products; doubt PRs from both companies are fake and involves a lot more from from multiple parties. PRs from multiple partners and great DD from iHub members regarding the Zazzz machines as well as photos of wraps/possible machine...again doubtful this is faked because of so many parties involved. Oh yeah, and when the machine drops that pretty much shatters the "vaporware" or "fake machine PR" arguments of the past year since the machine was first announced.
But there's just so much more when you do some DD. ERBB will have their own line of vapor pens with the help of Vapor Group (SPLI) which will bring in revenues. Those atomizers will be sold in Zazzz machines. Also to be sold in Zazzz are BeyondMars products.
Wait, then there is the whole ATTBF/Canada deal. AND WHO'S A MAJOR CANADIAN HERO.....
Steve Nash, 2 time consecutive NBA MVP and all star, as well as ERBB partner withe OneBode.
AmishGansta sell you buggy and horse and get an English to buy you some stock. Maybe Lebanon Levi can help!
I Love It!!! Good Riddance and Great Read
Like I said, I sniffed out Alan's kind in my first encounter with him as is plain to see in the bottom of that page. I'm pleased to have played a role in discrediting this chump and kudos to all those who did the heavy lifting.
More so, I am even more pleased that we completely nailed this Green Rush a good time ago. My realized returns on MJNA, CBIS, SKTO and almost ERBB alone would pay for Alan's legal fees AND his losses for Mommy Clownstein's foundation.
We've only just begun. Alan was just a small pebble in the road on this amazing journey.
Wow! more Like Ow
Doc thanks for the link to that uproariously funny and devastatingly shameful link. How truly HUMILIATING!!!!!!! l Looks like the crowd funding will pay for about 10 hours of legal counsel. Seriously tho, what kind of big shot analyst has to grovel on the Internet for handouts to pay for their legal fees? I guess the same kind that trolls the Internet, spewing out bad information for barely enough to pay his bills. What's even more sad is that 70 idiots are shelling out money for the defense. C'mon people lets this creep sleep in his own filth, the very filth he created.
On behalf of MJNA and ERBB shareholders, I'd personally like to thank AVTC for shutting AB up.
Whatever Happened to Clownstein?
Is that wanker still trying to brand himself as the premiere cannabis analyst?
He blasted ERBB a few months back and that equity has become the number 1 MJ stock out there with over 3500% gains. Every penny that stock moves I gain almost 1000%!!!
How many other stocks did he miss out with on behalf of his "followers"?
I saw his 28 trades netted 390%. Funny thing is 1 of my trades in MJNA, ERBB or several others netted 3x that, FOR ONE TRADE.
Clown.
Wolfofweedst is Great but No Whale
Wolfs done some awesome DD. His Seeking Alpha blog is just about the only worthwhile thing I've ever read there. Also the info he received from the company was a week prior to release which makes Wolf's effort highly actionable.
He has also posted several buys but from what I have seen, the numbers are nothing staggering. I highly doubt his 9000 followers have $100,000 of expendable money they are willing to risk. Even if 3000 of those followers had had $100k to play with, Wolf would be a fool to be "organize" a Twitter group instead of a full blown hedge fund.
Having said that ERBB could easily be manipulated with only a few hundred thousand dollars using 10k chunks. The Wolf could easily do it. Heck I could do it.
I posted about a buddy who works at a major firm in NY and that firm is starting to cover the MJ sector because clients are putting money into it. It's not long before the big whales start migrating over. Be thankful if you are one of the holders here when that hits.
EMINENT BLUESKY BREAKOUT
If you don't know what a Blue Sky Breakout is look it up. Basically it's a "sky's the limit" breakout because the true value of the equity is impossible to gauge. Therefore people just start throwing money at the stock to get in.
ERBB is a hurricane, tsunami, earthquake, volcano and asteroid all mixed into one.
The ATTBF news is enormous. A growing partnership with an international company, perfect for ERBBs new American Green division. Tranzbyte seems to be working with Canadian companies which says to me they are making in roads into a very cannabis friendly market in an adjacent nation. F'ing fantastic.
Zazzzz machine PR and the pictures Stephen said he would provide are still to be released. Once that is released, when CNBC, CNN and all the media descend upon Herbal Elements and Tranzbyte, ERBB will not only have the machine to talk about but all the action going on with American Green, ATTBF, Vapor Group (SPLI)
Tranzbyte is legit people. This company is an investment.
Holy mother funk this is gonna get wild
Damn Straight Sparkholiday, ERBB Now International
Enormous. Looks like ERBB may have its first deal for American Green.
Doors didn't just open, WALLS WERE KNOCKED DOWN
DC187, It's Not About Lines, It's About Demand
There aren't many lines in Telluride anymore, not like New Years but the demand is still there. Many of the shops both the 5 or so medical and 2 recreational will sell out of goods by lunch time and then close the shop. Then they are having trouble re-supplying for the next day. Albeit Telluride is a bit of a bubble but this is pretty incredible for a town of about 4000 residents and 5000 tourists. Apparently there is a 40% increase in bookings this year and a noticeable increase of younger people.
Oh and what's a good way to service more demand without needing more grow room, find a solution that drastically increases individual crop yield, a la American Green.
People, this is going to be enormous. I cannot even explain the scale of the MJ/hemp industry in the next decade
Just Doesn't Get Much Better, BUT IT WILL
For some of us early birds, every penny gain is another 1000%. What a thing of beauty. ERBB is killing it. And this is only the warmup act. The show has yet to begin!
I am going to Telluride, CO next week and have already lined up a session with a friend there who consults for two of the dispensaries. Apparently Telluride is having trouble keeping stock as the shops are selling pounds per day and the edibles are gone. Three months after I was there for the Jan 1 legalization and demand is stronger than ever. My friend says that the fury question hotel guests are asking is, "where are the recreational shops?"
I will be checking out the 2 shops for which my buddies consults, 1 recreational and 1 medical. My most important questions will be regarding Zazzz machines; if they've been approached by Tranzvbyte, if they are interested in the hardware...? My intentions are to act as a pre-salesman. Should I be able to line anything up I will immediately contact David and Stephen. Spread seeds everywhere I can because ERBB is going to grow like a beanstalk rising up to the BLUE SKY BREAKOUT
Sweet. More Fuel For The Fire
230,000,000 shares short huh? That should make for an interesting Friday afternoon. I doubt those players want to hold a short position over the weekend pending a monster PR.
News Hits When ERBB Releases a PR
The company has made it clear that the rumored March 20 and 21 dates for the Zazzz release were the result of a premature, unofficial tweet from Herbal Elements, the shop in which the firs Zazzz machine is to be placed. Please refer to the excellent DD by LumberDoktor (linked below) for an official statement from Tranzbyte. Or check the official Twitter page for Tranzbyte.
Tranzbyte officers have stated the machine information will be released by the end of March. According to LumberDoktor's recorded phone call with Tranzbyte's COO Stephen Shearin, there will be a PR and pictures released shortly.
Recorded call w COO
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=99026441
https://mobile.twitter.com/tranzbyte
Rollison Another Way to Look At it
.20 is possible within the next few weeks, months, even days.
First of all LETS STOP TALKING ABOUT A REVERSE SPLIT FOR THESE 2 REASONS
1. Stephen and David have both been quoted in PRs and calls saying that a reverse split IS NOT ON THE TABKE RIGHT NOW. They are working hard to build value for the company through operations not managing the equity.
2. Just like the Mar 20 Zazzz date this reverse split has become a vicious rumor. Except unlike the Zazzz release date the company has confirmed THERE ARE NO PLANS FOR A REVERSE SPLIT AT THE MOMENT.
Now that that's out of the way,
.20 puts ERBB at a $700m market cap. The Sirius Radio share structure is very similar to Tranzbyte and has been used as an example of new companies using shares to pay for operations until a sustainable revenue source is developed. Well, ERBB has developed that revenue chain and is now about to launch the first money maker, the Zazzz machine. According to Stephen the interest is overwhelming and potential clients have contacted him daily so we can safely assume this is just the beginning of a major rollout. Again, similar to Sirius and most technology adaptations, there is a ramp up but once it hits a certain point, lots of money is made.
Another comparison is MD8X, STRICTLY based on market cap as I don't even want to discuss share structure since we all know the story there (r/s, huge low volume pop...). MedBox was valued around $500m plus at its peak. A $500m market cap would give ERBB a pps of roughly .15 so I don't think .20 is that unrealistic should the Zazzz rollout gain a lot of press followed by an announcement of mor contracts.
But now there is also American Green. For $11-20k a business can increase their yield by a significant amount. That type of product is similar to PHOTs products except it provides a distinct advantage, whereas PHOTs stuff is just run of the mill grow equipment. Who knows what kind of doors this opens?
Still yet, there is OneBode which may appear in Zazzz machine. Not everyone who uses cannabis is a couch surfer and I would probably start trying some OneBode supplements if they were sold at the dispensary I go to in LA. That's called the halo effect, like Apple where one product can generate interest in other products offered by the company.
One more time
THE ILLEGAL DOMESTIC BLACK MARKET FOR CANNABIS IN THE USA IS ESTIMATED BETWEEN $25-100 BILLION DOLLARS. Now that legalization in Colorado is proving to be a success on all fronts, it is only a matter of time before the rest of the states follow suit and as many as 35 states may have some sort of recreational or medical cannabis programs by the end of midterm elections later this year. That means those dollar figures above are going to start flowing into the pools where ERBB is swimming.
Along with that potential cash horde is INSTITUTIONAL INVESTMENT. Wait until some of these companies start reporting revenues and opening bank accounts. Better yet, wait until the $100m funds like ArcView and High Times Fund start spreading the love. And finally when the big whales like JP and Goldman start splashing.
Valuation Speculation Sure is Rampant
1. Tranzbyte and it's officers have repeatedly stated recently the there are NO CURRENT PLANS FOR EITHER A REVERSE SPLIT OR FURTHER DILUTION. The company is work hard to create value.
2. It's incredibly hard to value a business in a completely new industry. Just like 3D printing, and the dotcoms, who knows how big this MJ industry grows. Currently the US domestic annual cannabis black market is estimated between $20-100b and that money is shifting into white markets where ERBB and other players are entering. The demand for the product has caused people to die and kill to distribute it so I think we have proof of concept.
3. Companies like Facebook are valued at $150b on a few billion $ in revenue and paltry realized profits. SnapChat and fad apps are being offered $5b in cash for their business. ERBB could easily be valued a $5b if they can rollout machines followed by an announcement of other contracts putting the share price over $1.
4. As many as 35 states may have legal MJ in some form by the end of midterm elections this year. If ERBB could place 30 machines in each state........
5. ERBB has a secure, automated, networked machine to distribute cannabis. It's a benefit to dispensary owners who can hire less staff and have a secure place to hold cannabis. It's a benefit to customers who can just pop in to pick up their selections. The machine could also be promoted by politicians as a way to safely distribute cannabis and regulated the consumption for taxation purposes.
10k Bids and Asks
Locked in a pretty tight range for now
ERBB Technical Pullback - Longs You Want This
Purely a technical pullback today.
http://stockcharts.com/h-sc/ui?s=ERBB&p=D&yr=0&mn=4&dy=0&id=p51666992872
ERBB has hit the high end of the technical ranges. The RSI is topping, the StochRSI is topping, the divergence on the MACD is quite large and ERBB is pushing the top bollinger band. It needs to be recoiled.
This cool down could not have come at a better time. We don't want ERBB toppy when the news hits. If you are a long looking to add, a pullback like this is what you are waiting for.
Friday could be very interesting. Anyone who has not jumped in yet will feel the pressure to get in before the Zazzz PR. While shorts don't play much of a role here, I would expect most would be covering by Friday afternoon. This could lead to some pretty heavy buying tomorrow.
Kloby Do Some DD Before You Post
That 400b share count is OUTRAGEOUS.
ERBB at $1 DOES NOT PUT IT AT GOOGLES MARKET CAP
ERBB HAS 3.4 BILLION SHARES OUTSTANDING.
You should really do some proper due diligence before you spout off
Kiloby That is Vastly Incorrect
ERBB has 3.4b shares outstanding. That number you posted is outrageously off
KLB357 Exercise Caution
There is not a single chance ERBB gets to 100pps. That would give ERBB a nearly $350b market cap, akin to Google. Totally unrealistic.
10pps? Again extremely high price but possible. $35b market cap. I have said it before that ERBB is a tech play, a retail play, a services play, a supplement play, a cultivation play, an MJ play and so much more. In a time when, FB is valued at $150b on a paltry $1b profit and apps like SnapChat are being offered $4b in cash for their fad technology, ERBB could easily reach dollars and maybe even multi dollars. But keep your time horizon long for those dollar targets. There is the slight chance for an explosions.
If you want to compare ERBB to MD8X, use the market cap. At MD8X's high, the market cap was about $500m. For ERBB to be valued at $500m it would be worth about .12pps
That a good start. That seems like a realistic short term target
Welcome Aboard DrSteven
I recognize you from another board and it's good to see you've joined this party. There are some excellent posters on this board who have established contact with Tranzbyte, getting info directly from the source. As you've noticed there are some other posters here who have some issues with ERBB.
Nevertheless, let's hope ERBB plays out as well as the other one (MJN@)
As If You Folks Didn't Know Already
LATF is setting up for a major rally over the next few days. It's already been a decent tear since I got in a few weeks back but the chart and fundamentals are primed for some serious bullish activity.
http://stockcharts.com/h-sc/ui?s=LATF&p=D&yr=0&mn=4&dy=0&id=p97689327914
The RSI is a little high but has room to go into overdrive. Obviously a few weeks back, LATF indicated a Golden Cross with the SMAs. Well it's about to follow through with the EMAs and from what I have seen, when the exponential averages follow the simple averages, share price can really explode. Another beautifully bullish indicator is the jolt upwards from the MACD. The last piece is the bullish indicators is the fact there are no gaps below. None. NO GAPS! That is spectacular. The pps is riding the top bollinger band so if there's a big pop tomorrow above that range, the share price might be reigned in by statistic deviance. Today's run up on exceptionally high volume is just the icing, whipped cream and cherry all in one bite.
Fundamentally, LATF earnings seemed solid. Who knows how the foray into MMJ in Colorado works out but this could get quite interesting. LATF is #1 on the iHub breakout boards and with a mere .01 pps, I think we could see some real fireworks.
Thanks LumberDoktor.
"We have the orders"
Stephen's response to being asked about plans for the Zazzz rollout after the first machine is launched.
Lets get this done
BLUE SKY BREAKOUT CONFIRMED
Its on
Check the chart. Leg 2 is completed at .06. Seamless, gap free second leg breakout.
http://stockcharts.com/h-sc/ui?s=ERBB&p=D&yr=0&mn=4&dy=0&id=p59005789179
Blue Sky is Upon Us
The sky is the limit
Yup Joe, Blue Sky Breakout Coming
It's going to happen. I have never been so confident of this in my life!!!
In a market where mobile apps and websites are valued at $150b, ERBB is worth an unknown fortune right now. The potential is just astonishing if you take 5 minutes to just think about what ERBB is doing with their business.
Blue Sky Breakout - Into The Great Wide Open
Share structure?
Revenue models?
Earnings?
Profits?
Legalization?
Legislation?
How can one even put a value on ERBB right now?
You simply can't.
In a time when apps and websites are valued as much as $150b on profits less than $1b, some even negative after revs v liabilities, and many with dwindling future growth prospects, ERBB's value could be enormous. We're talking an automated networked vending machine, a line of products in the extraordinarily hot vapor pen market, a line of nutritional supplements and specialized cultivation techniques to maximize yield, all designed to be sold within an enormously fast growing MJ industry and all designed to take a significant portion of revenue in an industry where demand for the main products, THC, has been established for centuries, so much so that people kill and died to distribute the product. An established $25-100b annual US domestic market for cannabis is moving from a black market into the white light and ERBB is well position to capitalize off multiple sectors.
How many more figures can ERBB add?
This could be the start of the Blue Sky Breakout. Look up the term, it's when a stock goes completely parabolic because nobody can accurately value the business. If ERBB can push a few more pennies and complete another leg up on high volume, the sky could be the limit. If the big bidders descend upon ERBB, this could go way beyond expectations. Cramer has already Tweeted about ERBB. The way is paved for the Green Rush to parade down Wall Street.
Into the great wide open
Under them skies of blue
Out in the great wide open
A rebel without a clue
-Tom Petty
Keep Your Eyes on the Prize
Stellar day folks. Interstellar! Interstellar overdrive.
http://stockcharts.com/h-sc/ui?s=ERBB&p=D&yr=0&mn=4&dy=0&id=p59005789179
That's a mean chart. The MACD has some real separation and the RSI is primed. Stochastic RSI is in a sweet spot. The bollinger bands are squeezed pretty tightly after all the consolidation at the .03 range. ERBB also closed a 52 week hi on strong volume. Unfortunately I'm not confident either way from a technical perspective. Clearly the past is bullish. In penny land profits are taken quickly and pullbacks can be sharp after a run like ERBB has had. That being said, I am confident any pullback as severe as .035 will be met with strong buying. There are no real resistance points above considering .05 is uncharted territory. Clearly profit taking will take place but ERBB has some strong longs who are up over 1000% in a few months who have also taken profits and are sitting on paid for shares.
There are aalso a lot of new longs today with buys to sells at 2:1 today. Accumulation and flippers. A 1.7m buy was executed today at .048 (can't check exact price right now but saw it pass on L2), that's a pretty ballsy gamble or a new investor looking to make some big returns.
I'm also seeing a lot of tension. Let's stay focused on the prize, ERBB. No need to boast about lower entry points or start personal disputes among fellow longs. We have a great collection of posters here; Wolf, Knuckles, DCGod, BH, Lee.........and all those I forgot since my last vape. Let's keep it real and work together to make money and f the f'ers. We're in this game before other even know there's action to be had. Far more serious, we are in before the big boys have even been legally allowed to get in.
What we know:
Tranzbyte has confirmed via Twitter and DD phone calls from multiple members that the Herbal Elements date of Mar 20 or 21 is purely speculation. Tranzbyte has not outright denied any significant event on those date but they have made it clear, NOTHING HAS BEEN OFFICIAL ANNOUNCED BY TRANZBYTE REGARDING THE RELEASE OF THE ZAZZZ MACHINE EXCEPT THAT IT IS DUE AT THE END OF THE MOTH OF MARCH. Everything up to this point is speculation.
Tranzbyte will be releasing a machine by the end of March according to their last official PR. ERBB has teamed up with BeyondMars edibles to be sold in the Zazzz machine. ERBB has also teamed up with The Vapor Group (ticker SPLI) to develop an atomize/vapor pen for American Green, a new ERBB subsidiary. The atomizer is to be sold in the Zazzz machine as well.
ERBB has also announced a new growing technique using highly oxygenated water to produce massive crop yields. The extent of this new business has yet to be fully disclosed but some speculative material has been posted here.
Speculation:
Also today, a flyer started circulating about an American Geeen Jurassic grow product.
http://investorshub.advfn.com/uimage/uploads/2014/3/17/kwpfvScreen_Shot_2014-03-17_at_4.39.16_PM.png
There is no way to verify exactly what this is. Americangreen.com leads straight to Tranzybyte's site. The prospects of this license is truly interesting because just like the vending machine, these products can possibly crossover to non-marijuana entities.
The rest is speculation. I personally believe ERBB could be worth a few billion $ real soon. Companies like FB, twitter and other fad mobile apps are being valued at billions. ERBB has a machine that can sell cannabis from a smartphone along with a new growing technique, their own line of vapor pens, a new website, and so much more.
I'm a investor and I've said it before, ERBB is now a legit investment.
Here are my targets for both up and down movements (cost basis below .01)
Sell 10% at .10
Sell 20% at .20
Selling 50% at .015
Buying 100% at .06
The low side targets are where some gaps are hiding
While we longs all like gaps up because it means are shares are more valuable, I'm still wary of that movement because gaps tend to get filled. Nice smooth stair stepping upward is what I hope to see
$5 is NOT A Dream
Look with approximately 3.4b shares outstanding, $5 puts ERBB at a little over $15b.
Facebook is valued at over $140b and the company barely makes $1b in profit after operations/liabilities. Stupid little fad mobile apps with paltry revenue streams are selling for $10b at the drop of a hat. There is a lot of big money pools out there looking for new industries. And MJ is by no means a new product so the customers and demand are establish. Colorado made over $2m in taxes revenue from the first month of recreational legalization. AND THAT WAS WITH ONLY A HANDFUL OF RECREATIONAL SHOPS THAT REGISTERED IN TIME FOR THE JAN 1 OPENING DATE. This market is enormous.
With a specialized grow technique, a networked vending machine and a health supplement line, ERBB could easily be valued at $20b in a few years with revenues in the $100s of millions.
Possible Insider Action, Speculation, Covering
Perhaps a Zazzz machine was loaded onto a truck for delivery to Herbal Elements. Or Tranzbyte notified BeyondMars to have the goods at HE because the machine was there. Its a 1-2 day drive to Aspen from AZ. Maybe ERBB is prepping a monster PR and insiders are buying. TOTAL SPECULATION. But anyone in the know, be it HE, BeyondMars, Tranzbyte, Vending Design Works, Vapor Group, or even the trucking and courier services might have some actionable inside info.
This is a substantial rally on something that we don't know which indicates a big event on the horizon.
This is not, I repeat NOT a technical bounce after consolidation nor is it the entire MJ sector on an upswing. In fact, MJN@ and several other MJ bigs are down today. The technical indicators were pretty high on the bullish side and many even in the middle of the road so that is not the cause of the bounce. There were no technical patterns executed like the golden cross a few weeks back, no double bottoms or cup with handles. The MACD is now positive but the RSI is in overdrive so technically based ERBB could go up to blue skies just as easily as it could drop to give the technicals a breather.
The volume, price action and accumulation indicates to me a fundamental based momo rally. It may even be a buy the rumor, sell the news situation cooking. Short sellers have likely covered. Hopefully some new shorts will pile on for fuel during the next leg up.
GREENEST St. Patty's Day Ever
Woke up to an earthquake this morning. That was fun.
And St. Patty's Day is always fun.
Now ERBB is super-GREEN. Not only is it fun, but the fun has just begun!!!
Go ERBB. Blue Sky ahead.