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Going back to yesterday's video (I actually like the guy's energy, the other guys who talk super slow put me to sleep), he mentioned several great small cap stocks that are bleeding for absolutely no reason, other than the big money has cycled out of small caps. He hesitated to use the word "manipulation" but what other word can be used?
I liked his attitude when he said it's a time to be excited because one can buy great small cap stocks for a great price. I guess the best analogy would be that we are in an ultra low tide, but the tide must come back in and we will get a high tide eventually, it's inevitable.
He does make some good points in the video. Big money will not only cycle in and out of industry sectors but in and out of big cap and small cap markets. Right now the big money is in big caps but it will cycle back into small caps at some point. Hopefully sooner than later. When it does, the best stocks will pop the highest.
That would be a change, him doing something useful for CBDD!
It's a good thought though, because CBDD will need all the weed farms it can get!
He would finally give us something with taste!
I like oranges and avocados too. Maybe he can send us some. We can eat them while we read his endless posts about fluff news, the audit and dilution!
$24 Million, $24 Million. It doesn't matter, it's $24 Million.
I own a Chihuahua farm. Those dogs are very conflicted. They desperately want attention but they can't help making senseless noise and irritating the hell out of everyone.
For those cerebrum challenged individuals, RedChip and Skyrocket are two different companies doing two different functions.
Direct to customer has much better margins than wholesaling so this is a good move. Young companies must market and promote in general, that's just business 101, and it's a very good sign. A young company that doesn't market or promote should raise serious red flags.
Believe me, I don't like the idea of hedge funds determining my fate and the fate of CBDD (and the entire cannabis sector). However, we need to keep in mind that hedge funds can cycle into a sector as quickly as they cycle out. Let's also keep in mind that Chuck Schumer is the Senate majority leader, he is leader of the Senate, so any bill he introduces has a very good chance of passing. So when the big money cycles into the cannabis sector this time it will likely stay in, and not just because of his bill, Mexico legalization is still very much alive along with Switzerland, Sweden and several other countries. Actually, legalization in the US and Mexico will open the floodgates to legalization worldwide, so the big money will cycle into the cannabis sector for a long time to come.
Dumb is calling $24 Million fluff news.
The audits will help the price go up, but the hedge funds will help the price shoot up! The hedge funds will be back in the cannabis sector very soon with the introduction of Senator Chuck Schumer's MEGA bill. Let's root for the audits but let's also root for that bill! GO CHUCK GO!
It is BS. Damn the hedge funds (and their trolls)! They shouldn't have this much power but they do.
On the flip side, they can also give. They took INKW, a nothing company with little revenues, from .0018 to .13 in Feb.. This is the kind of thing the hedge funds can do, so let's keep our heads up.
Exactly, there is no point in getting frustrated, no one can fight the big money. The hedge funds will be back and when they do, they will be looking for the next big thing and money will pour into CBDD.
$24M in revenues with legalization in Switzerland on the horizon, the sky is the limit on the upside.
I feel your pain Briz. I have been hounding the execs for months to get their audit done early so we could avoid this kind of pain. However, this drop is still more about the hedge funds than CBDD. It has been widely reported that the hedge funds are jumping in and out of sectors in cycles.
Fair or not, it has become painfully obvious that this is the new reality. We need big catalysts to get the hedge funds back into the cannabis sector. Luckily we have one coming up very soon, Senator Chuck Schumer's MEGA bill. Shareholders who are hurting should not only do their DD on CBDD but on the entire cannabis sector as well.
Those damn hedge funds! However, no one should be surprised that big money controls everything. It's only been that way forever!
As I said before, this drop has little to do with CBDD and more to do with the entire cannabis sector. What is causing these sector drops? It isn't a big mystery, CNBC just had a report on it, it's hedge funds jumping in and out of sectors.
CBDD is actually doing very well compared to some cannabis tickers that are down 5-10X. In my opinion/expectation/hope, the hedge funds will jump back into the cannabis sector once Senator Chuck Schumer introduces his new MEGA bill which should be any day now (He said it would be introduced in a couple of weeks and that was a couple of weeks ago).
Legalization in Canada catapulted the Canadian cannabis companies to the top of the cannabis industry. CBDD is already one of the biggest producers in Switzerland, legalization in Switzerland will catapult them right to the top of the Cannabis industry in Europe.
Great speech by Senator Chuck Schumer at NY cannabis rally today. He is determined to achieve legalization at the federal level. He is one of the most powerful politicians in Washington, and when he introduces a bill it usually gets passed.
I just saw the interview video on Benzinga. I think Marcel comes across as a very legitimate CEO, I haven't detected anything fraudulent about him whatsoever in any of his interviews. He appears to be very engaging and intelligent, so I can see how he has been able to make the impressive sales he has made. It makes sense.
I think the only thing big time investors are waiting for is the audit and SEC reporting. I have been hounding them for months to get their audit done early and I suggest everyone on this board do the same. I don't think asking them to get their audit completed a week or two early is asking for too much. The sooner it is done, the sooner the big time investors can jump in and we can get this PPS up to where it belongs.
I agree, shorting should be illegal. Who ever heard of someone being able to trade something they don't even own. It's un-American!
Yes, CBDD will move up but it will move up much more quickly when the entire sector moves up. They just need to keep releasing the good news which will add more and more gun powder to the cannon!
It seems highly irrational that a company is not judged and rewarded based on its own merits but based only on its sector's. However, this seems to be the new reality, at least in the cannabis sector.
The good news is that the merits of the cannabis sector are many and big catalysts to move the entire sector are coming. Those cannabis companies with the best developments (good news that some idiots have inexplicably called fluff news) will get the most investment and will rise the highest when the sector does move.
Charts mean nothing. It has become abundantly clear that the only thing moving any cannabis stock is the movement of the entire cannabis sector.
Good news about the audit completion. I've been hounding them for months to get their audit done early (and likely others did as well), so I'm glad they did.
Unfortunately, no amount of good news seems to be moving ANY pot stock without the entire pot industry moving. It doesn't seem rational but then the stock market has never been described as rational. However, this audit completion will add more gun powder to the cannon.
Cannabis is one of the fastest growing markets, so the sector should move soon, especially with the Safe Banking Act on the verge of being passed. It will save cannabis companies millions in lower interest rates and lower taxes and help them grow tremendously. This bill has bipartisan support so hopefully it will pass sooner than later.
Good for you. Every investor has their own strategy. Some investors will buy and flip and some investors will buy and hold.
It's good news but not to investors? That makes absolutely no sense. The volume may be a little low during this drop in the entire sector but that can change overnight, and this news is exactly what investors will use when deciding where to invest. CBDD has been very intelligent for making that news (about their revenues and growth) clear.
Still think 300K a day and $7-9 million a quarter is fluff news? Not even a brainless chiwawa would make that argument!
How is that .0005 coming?
Like I said before, this drop has very little to do with this company and much more to do with the entire cannabis industry's two biggest catalysts (legalization in Mexico and the US) encountering delays.
However, this drop has become an excuse for brain damaged trolls to continue to make false statements like fluff news and dilution. I understand some people have brain damage but they need to seek the help of professional brain damage specialists instead of posting nonsense all day.
The fluff is in your brain because no one in their right mind would call 300K a day fluff news. All these bits of news aren't fluff, they are gun powder that is being poured into the cannon, and the more gun powder in the cannon the higher and further the cannon ball will fly when the cannon is lit.
Audit is coming, uplisting is coming and sector run is coming. So no more need for senseless Chiwawa noise. Yap yap yap, yap yap yap, yap yap yap.
Chiwawas are too dumb to be trained, unfortunately. However, the good news is that economic growth is returning, the markets are at all time highs and cannabis sales are at all time highs. Also, the SAFE Banking Act passed the House and is expected to pass the Senate easily and that will help the growth of the cannabis industry tremendously. So this drop should not last much longer.
Chiwawas make a lot of noise, that is what they do. However, this drop has little to do with the company and more to do with entire cannabis sector's big catalysts (legalization in Mexico and the US) encountering delays for a while.
Brain damaged trolls and doubters can doubt, but if CBDD keeps making 300K a day they will be out of the OTC and in a bigger exchange much sooner than we might think. That's a fact.
Yes sir. Forget OTCQB, they should go straight to NASDAQ!
Wow, 300K in on day, that's big news! Only a complete idiot would say that's fluff news. How many companies can say they make 300K in one day? If they can keep this up they could soon reach $100 million a year!
Yes, it looks like it is being built in the Ukraine. The info has been posted by others on this board in the last week.
It's elementary Watson, CBDD is partnering with the biggest CBD farm in the world because they will soon be one of the biggest players in the 15 billion dollar European market.
Someone knows something but it's not a secret. CBDD has revealed all of their new developments including selling tons of product, and working to sell their products in up to 800 retail locations. Experts have stated that CBDD could soon be one of the biggest producers in Europe. It's no wonder they are partnering with the biggest CBD farm in the world! That might be the biggest clue of all.
Yes, the Safe Banking Act is also a big catalyst. It has been introduced in Congress and now has 140 sponsors, so it should pass easily.
Deep breaths, it's going to be OK. I believe CBDD had a similar issue before their last upgrade and it was resolved quickly.
There is absolutely no reason for the downgrade. I'm sure there is a rational explanation for this and it will be changed shortly. No reason to overreact.
The entire cannabis sector is down. It is clearly being held down as much as possible before the big catalysts come in creating the huge sector run.
It's the drop before the pop. It's the pain before the gain. Even the trolls with brain damage know this.