Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Alan. Let's do it. What will the stock price be when the warrants begin to get converted and dilution starts to occur? Give me a PPS.
Please reply.
Surf - with the 100k shares out of the way, and I saw that coming when converted his options, I'm buying. Those sells put pressure on the MM to fill those orders and it cracked a few stop orders.
There were analyst saying not to buy MJ stocks when we were loading up at below 70 cents. Happy we did our own research.
Let's get it rolling again.
It is refuted in terms of realistic valuations of companies. If and when stocks become diluted from derivatives then and only then does that come in to play. Your valuation is not apples to apples and you know it. It's misleading to the common investor.
But again, your model of valuation for emerging stocks is futile. Using your analysis would mean a reduction of over half the value of the entire OTC market.
MJ businesses are not a bankable entity in the sense that traditional methods of financing will work. So warrants are the kicker.
CANN just loaded up on cash to continue the growth by acquisition and/or expansion into new markets.
And I firmly believe CANN now has additional credit facilities ready to go.
Now answer my question. Is it better for an insider to sell shares before the release of positive news such as acquiring a company or expansion of current platform that will excelerate growth? Yes or no?
Borchstein. Btw. Would a corporate director sell before or after imminent positive news of their own company? And the sell represents a fraction of their holdings.
With Borchstein being considered an insider, would it be best to sell before or after releasing positive news?
Actually this news is extremely positive. He was a able to liquidate his portion during light volume.
I've done IPO's where insiders dumped far more shares as a percentage at the moment the stock became unrestricted and the red flag was lifted. And the shares climbed afterwards.
Borchstein. Let's go. I'll be Huckleberry. Let's debate and compare brain pans on CANN.
Let's light it up. Pun intended.
Why would any legitimate analyst be on a message board any ways? He won't challenge me on knowledge of any investment. His entire analysis is merit less as is his career.
Seriously. His sell is typical. He doesn't need the funds. Are you really legit? Why would any analyst worth salt be on a message board trying to tout himself if his words are legit. Dude, you're def third rate.
Good luck to you.
This about to happen....
"The [CANN] management further announced that it plans to conduct several acquisitions, during the FY2017, for which it has built a strong capital position"
A quote from a release a few days ago.
They are coming. Let's roll!!!
Warlon - I'm shutting down my Bloomberg machine and not renewing. Gonna watch your post. Good lawd you're a human wire service.
Should have had you on the floor with me at the NYSE. I'd get the news first every time!
Alan - of course people should exercise caution when buying or selling any stock. But to state your premise as a professional by using a premise that works best for blue chip stocks rather than emerging market stocks is brutally wrong and a bit unethical.
Had I have used you analysis I would have even bought stocks such as Apple or Qualcomm during the 90's.
And CANN won't sit on it too much longer. When acquiring the cash, due diligence was completed, and funds earmarked for acquisitions and expansion.
CANN is preparing and they're in the kill zone.
Can we SHORT seekingalpha.com?
Thank you! Here we go Alan.
Alan - love the way you hedge by saying the word "potential" in your headline. The use of fully dilution method you are using would put over 75% of the OTC market on the de-listing memo. Even Gordon Gekko chuckled.
Cannabis is an emerging market and is just getting started. Of course, warrants are utilized as kickers to get financing aligned in order to grow and expand. Using fully dilutated basis without forward looking revenues, short term expansions, market scope, and current actual float in play, is blantantly wrong.
This, along with historics of outstanding shares and float actually shrinking, puts you out side of the realm logics.
What was former career that led you to be an online research guru?
The whole Blowstein analysis is off. Lost all cred with his wrong market cap point. He's way off! Let me take over that frivolous website.
Read close. The idiot says the market cap is twice what it actually is! What an idiot that can't even get that right.
Friday's are always good days. But when the news hits, it's on.
Soon I will enough to afford a surf board and lessons and the insurance to boot.
Let's do this!!
Don't know you. But we are friends now. I'm loaded in it. The swings don't fret me. Management is smart and they've got a pipeline ready to pop.
Getting more words in from Vegas. Tons of big investors there. Both institutional and accredited individuals. That's what we need. And CANN is showing them the light.
All is well. They are definately executing are the stars of this event.
Like I said. Would not be shocked to $4.20 today
The event and news coming is gonna bring the big boys in. We need new dollars to get to $8.
I wouldn't be shocked at all to see $4.20 today or tomorrow.
Let's roll!
Day is far from over. Company is in great position and I'm accumulating.
There's no news out. Got a few taking profits and triggering stop losses. Some just can't handle the fluctuations.
Company is doing all the right moves. Haven't sold a share. Bought twice today. Just know news is imminent and the event in Vegas is going great.
This matches some of the talk I've heard. But there's more in the pipeline and they are aggressively going after the Cali burst and more.
The event is exceeding all expectations. CANN's pipeline is filling and about to explode soon. It's going be an unreal and unprecedented 2017!
Hopefully Warlon can find pictures and/or video clips. CANN pulled out the stops in terms of presenting itself and creating exposure of being the true sector leader.
Surf - we going green.
Was informed the MJ convention was incredibly successful first day. Hold tight fellas. The pipeline is filling fast.
Perfectly stated. It won't be just one acquisition. It will be multiple deals. I believe one or more deals were contingent on California going live.
The base line revenues of existing businesses are going to grow 30 to 40 percent from quarter to quarter alone. This with just the current set up and without expansion into Cali or newly legalized states.
I think you'll see a minimum of 2 acquisition between now and before or during 1st quarter with the 1st acquisition being announced any day now. I think you'll also see strategic deals created and new business growth in the area of licensing and/or joint ventures.
Management is excited. I'm stoked. I would not be surprised if the aggressive moves we are about to see justify market caps of 10 to 15 times current levels.
$8 is the initial run up target. Hit that number and CANN will automatically roll higher heading to the $10 to $13 level. It's a traditional price for stocks to hit once they break out of the $3 to $5 range.
Check out CARA.
News is coming. It may happen tonight next week or soon thereafter. It's going to $8. I want to have peak shares when it does.
Light volume.
I will burn 2 when it goes green today. One for me, one for my homie.
I voted by buying more shares today.
About to get paid.
You gotta believe one piece of news is gonna send it u in a hurry. It could happen any time now. But the momentum for CANN's business lines are there. And you know an acquisition or more is coming.
CANN is in the midst of a show in Vegas and I'm stoked to learn more about their plans. On top of that, new investors are going to come on board when seeing the company of close
Let's roll
Warlon - Great article! It is truly amazing that the article is another media piece bringing even positive attention to CANN.
Even more so, it sounds identical to my post and yours from a week ago. Lets keep it rolling!!!
More news to come out of Vegas! Keep it coming Warlon. Thanks for posting it as it releases.
Actually a sell. According to the line. That means the MM took buy orders and paired them off.
It's a trade done after hours in order not to rock the boat one direction or the other. Nevertheless it is a buy order.
Institutional buying. Drop in the bucket. Decreases float dramatically.
Here's hoping for another gap up open to break trading range of $4.50. This will be interesting.