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it might not see trips again for weeks...maybe even months.
if farm bill passes tomorrow....highly unlikely.
if there is a santa claus rally between xmas and new years...you'll see a buying frenzy everywhere.
it took 9 months for UBQU to go from 0292 to trips, and the sine curve before 2018, it never got below 0051. That's why I started buying in the millions around there...I never expected it to dip so hard (of course I hadn't done full DD and wasn't on this site)
but I'm thinking it'll have to be a mix of for some reason tepid to no news about pot or CBD on mainstream, another tepid earnings report in ...march 2019 or thereabouts
it might get as low as 11.....but unsure about trips quickly again...
Ya thin ask reminds me of oliver
"please sir, can I have a little more?"
eh, just wait until end of the OTC trading day kid, day traders will be dumping HEAPS on you!
Ya my vaper says tough to fill cartridges
tends to be messy, only "professional" (her words) vapers fill their own.
so it might behoove hemplife to either sell cartridges on the side or prepack in cartridges.
Unsure, maybe each vape pen type has its own style of cartridge? I doubt that vape pens are ASCII standardized lol.
but regardless, another idea that would help Ballas and execs narrow their focus going into 2019
if you are betting hundreds or thousands on shares
...I suggest spending 100 dollars or less to actually buy the products and give it as Christmas/new years/farm bill signing gifts to your using friends.
I am doing so. so far, nobiody has bad mouthed the product!
Ya I see the flavorful vape oil now.
my peeps whinge about how hard it is to fill cartridges lol
shark: does ubqu really have vape oil?
I've been told loading vape cartridges is difficult, and it requires a special oil that doesn't burn.
But if UBQU sells cartridges specially made for vape pens, I want to know, my friends in the pac NW love vaping. South park calls them all nerdy pussies, but I don't care, their money is green.
agree smilin so far UBQU's sine curve over the last 3 years you can make a lot of money with patience.
when it went down to trips it wasn't hard to make 100% in 3 days. I can totally understood why it dipped today back to 16. It might dip again. some peeps who bought at 8 still can make 100%
of course, until Thursday, with good news or bad being unknown, most peeps would be insane to either panic sell or dump
but that's why I look past this Thursday on to 2019.
I sold a little, cuz just like dollar cost averaging on the way down, if you sell a portion when it goes 100%, you can eventually "play with the houses' money'
but I think if Ballas pays the debt, goes full online (conventional google wal mart amazon etc not crypto), goes to trade shows, gets a system where he can deliver not just 1M dollars a quarter but....infinite dollars a quarter.... does whatever he does well (he apparently is some minor celeb from those QVC type shows?) to make Hemplife a "household name" .
yeah, maybe it'll swing trade in 2019 if Hemplife becomes a household name. the same way people swung traded Netflix in 2017....but I won't care....cuz our share price will be somewhere between a dollar or five
they can swing trade all they want then. I'll still keep a million shares just in case it dips again back into the pennies. For fun.
present CBD/Med MJ USA expenditures 898M
expected CBD/Med MJ/hemp USA expenditures in 2019 if farm bill passes, 20 Billion
that's a 20 bagger.
However, since it isn't "legal" yet, morgan Stanley only has one analyst on MJ.
She says ….not 20 billion....500 billion.
Keep in mind, people are thinking only about new customers going "oh hey, now that's it's legal, let's experiment tee hee.
No, Wal mart is already selling CBD in Canada. Canada ran out of supply.
amazon/wal mart online will make delivery easier (mentioned on this board by scratchgolf who claims Ballas and friends are keeping a lid on this and farm bill passage makes their distribution costs go WAY down.
but...where;'s the other 480 billion in my imagination?
big pharma, super high costs, for the longest time, monopolies and cartels. You pay huge costs (through your insurance) for anxiety meds, opiates, etc.
Why would Merck and Pfizer care?....after all, they've agreed amongst themselves to cartel price fixing and keeping costs high, since drugs are like, easily, 50% of all medical costs, medicare and Medicaid is 60% of the USA budget.
so what happens when a more natural, wide open free market, and non price fixed and relatively cheap alternate to some drugs hits the markets?....competition...lower prices, lower medical costs....possibly even medicare and Medicaid for all?.....regardless, lower insurance costs.
recreational MJ isn't where the big money is. Medical
The first Christmas anticipatory mood I've seen on this board.
Even with that dip, I am very happy to see such positivity.
There IS power in positive thinking.
I only hit a sale on 800K at 25.
with the dip below 18, all my remaining mils are red...
if it gets back to even 20 then I have some green
I still think I should hold most of it and wait for 100 at least, and keep my lowest sell order at 29.
Thursday....and 2019....seems sooo long away lol.
awesome youtube video
I'm not on facebook or social media much (actually I don't think FB is a good investment any more)
but longs, and excited investors, help Mr. Ballas by advertising if you aren't already. if you are youtubing, link them, if you are facebooking, post them.
I assume a lot of you are CBD/MJ investors, get the word out there linked with the Christmas hopes of the farm bill signing soon!
I was about to sell another Mil at 19 and take a little green expecting a dip back to 10....
but ya know...I think I'll hold my next mini-sell at 29
If you can keep your head when all about you are losing theirs ...
If you can wait and not be tired by waiting ...
If you can think – and not make thoughts your aim ...
If you can trust yourself when all men doubt you ...
Yours is the Earth and everything that's in it.
Rudyard Kipling - suggested by Warren Buffet
Upside: Bid 24 ask 25 at open.
- rumor is farm bill signs Thursday. This positive news in the center of fear and pain news in other sectors could cause a feeding frenzy that lasts into January!
- all the long term outlook for 2019. as major stocks get wrecked for the shorters and hedge fund managers, the only positive news is that MJ could go from 898 mil to 20Bil in 2019....or more...
also not often talked about upside: Sure 5B dilution at 0010...but....they can't put ALL 5 Billion into the float. if they did they'd end up eventually with a hostile takeover from the big longs....sooo….so far I'd guesstimate 800 mil, 1 billion of those diluted shares have hit, in an accumulation ramp?....we may soon be out of diluted shares. if momentum stay positive, then you might see a spike as longs put up higher and higher asks.
downside: there will be a selloff and a sine curve because there are those who will take their short term profits, fearbies who want to be in cash waiting for the crash, and as talked about right now, the trolls, and market makers who want this penny to go back to trips so they can tank up will come back. also now indeed we probably have whaa-mbulance chasers who sold out as it dropped 90% and don't want to risk rebuying on the upside.
last possible upside: ya, Ballas has had a lot of misses, and claims were he tried to change the name before and failed. But the name was originally hemp life, and other posters here have said that the UBQU folks have been paying attention to the loyal longs who have an in with them, or they read these posts (example: they wiped the bad yelp-like reviews they got which most likely were hit pieces anyways)
when it comes to plays made by Ballas, changing the name so that "hemp" is in it, and ending cryptobuy entirely (it's in the same article) are smart moves. I belive the buying frenzy and accumulation helps that.
also, at this time, what are you gonna do? buy the S&P, buy amazon?....heh...ubqu lost 90%....amazon lost 20%...and they claim it might be another 50% more. sure ubqu is a micropenny, but fearmongering is fearmongering....It even affects the giants.
also, you got a better chance of becoming a millionaire with 1000 bux on UBQU than you do buying lottery tickets!....or ….even Wal mart...wal mart ain't going 100 bagger any time soon.
Good luck today investors! :)
Ya it might drop a bit....maybe
if buzz is right and they make hemp law Thursday I doubt itI am no
I am no expert on penny stock shorts like smokey is, but my guess is right now, with 200 MILLION shares trading and accumulation up, if you were a shorter intenting to bounce this thing in trips from 8 to 10 to make 200 bux a day maybe....well....you can't catch up right now.
so we left the flippers in the dust, you either have to be patient like on HEMPQ and wait for it to drop down to a local low and accumulate again, or you have to catch it on an upramp and go long.
so with the day traders and flippers out....you might see more accumulation with accelerated good news.
the name change potential is REAL good news.
I sold only 7% of my holdings today...for green, as the rest of the bluechip market tanks and waits for hedge funds to join in in January.
today was a very good day, but if you are a million or more share holder, I'd suggest you hold for now. if less, I suggest you try to catch this stock at the low end of the bid range or just buy at market at open.
I learned today from my CBD friends that ubqu peppermint tastes GOOD....and CBD oils typically taste terrible. some people are claiming it helps their anxiety. I plan on buying more for reals and doing more testing.
also...once cbd is legal over the counter...WAL MART will start selling it. I heard UBQU had problems with delivery costs doing amazon....but if we could get its name out, they might be able to sell it to wal mart as a distributor....even so....once it becomes mainstream...there's about....oh....100 million, 200 million USA users who are going to feel guilt free to try.
and if it local dips again, grab it at trips.
well that's my hope
Sky,
yeah I'm down about that much.
but a few things, I hope it gives the readers some hope.
in 2008 they interviewed buffet...gloating....so warren, with the crash you are out billions, 21 billion in fact.
Warren: haven't lost a penny
Reporter: are you mad? look at the charts, look at the math, based on Berkshire Hathaway holdings you are 21 BILLION LOST in value!
Warren: Nope.
HOW CAN YOU SAY THIS????
Warren: I didn't sell.
guys every day I wonder why I haven't sold this company. I did sell ALL my CBIS for about -10K red. why? well if you ever went to CBIS, they were posting news articles about how its CEO was indicted for fraud, CBIS was the CEO's FIFTH penny otc startup...and he's now wanted in Canada for fraud. CBIS TRADES TO THIS DAY around 3 cents a share. down from it's high of 12 cents....but it's still trading...and some days it even goes up. The last time CBIS posted earnings, they were -14 MILLION in a quarter, +1,500 dollars income. yeah, go to the site on investors hub and check it out.
I sold CBIS and don't even wonder. but my point is that these are penny stocks, the SEC doesn't watch, doesn't care. and if BAllas had a fraud background, you all damn well know the real researchers here would tell us about it.
in some ways sky and fellow longs who love UBQU, I'm glad you are holding with such pain as I am. it makes me not feel like I'm in some personal matrix where my fate is so messed up that every stock pick I make is destined to fall. it's not just me.
but I bet you believe just like me, if you sell now....take a huge 100K hit you can't truly defend....tomorrow....or the next day...or in February 2019....you'll see UBQU pop to 20 cents because it turns out Cramer mentions it, or the distributorship program works out, or I go to my herb shop after legalization and say "hey, can ya stock cannazall?"
if this is fate testing us, sell now, regret later.
if you don't need the pittance you'd get from selling now, or you KNOW there's a penny out there that the 10% you'd get from selling out would get you it all back and more....then make the play.
Until then, watch for more bad news, inverse split and bankruptcy very bad. another mediocre earnings for q4 2018.....bad, but hey, most of the selloff from the argument "pot hot, why ubqu not?" has already happened. the day traders will still bounce this thing from 0005 to 0010 to make thousands on the day. we could join them in that and still hold our expensive shares. indeed if we get a local pop I'll trim some of my others and try to reduce the overall pain.
All I ask is that you buy an oil of two for their costs of 20 bux or so (when on special) use them, or as I did, gift them to my friends...I got my delivery in 2 weeks as promised and they said the flavor is great and the jury is still out if it helps their anxiety. regardless, the product is fine. its encouraging to hear canazall is ranked 12 of 20 in all CBD oils. buy some....so ballas' work for him...get cannazall out there. heck, being down 100K on paper, I can afford 40 bux for a little product lol
bird you have reason.
I understand the big longs ehre. I'm one of them....I actually bought big around 50 thinking that it had bottomed. I hadn't done my DD and come on here. regardless, thanks to having cash and doing cost averaging....heck, even at 50 I break even. but I'm holding, and I feel for the big longs who bought at 0292
But I bet you didn't get in until 30, 20....so being in trips is not that painful. indeed, HMPQ just went +240% in three days. even in trips it's worth tanking up on millions at 900 (or down to 500 if you hear the negs and can be patient) a million shares.
now of course if this thing goes bankrupt, yeah we're in trouble.
but I don't think so, why? well actually the trolls.not real negative investors who point out numbers nad figures like smokey and fallingknife. they seem to really care, and still hope we succeed. No I'm talking about the ones who say this company is a POS and seem to gloat. They don't come across as caring, more like mocking.
So I checked two of their post sets. One of them had a history of just going to OTC pennies and ….well calling them dumpster toilet fires
the other was positive on a few...one of them was another trip penny pot company that doesn't even have a market cap listed ….trading between 0004 and 0005.
my point? I get the feeling the negatives who come here have helped drive down the price. Yeah, Ballas is terrible CEo. we want a ceo like the guy in silicon valley that wanted to take pied piper and turn it into a company selling data cache boxes so it could turn an immediate profit and raise share price. we want this thing to pop now.
Ballas could be trying to line his own pockets, but maybe not. maybe he played a bunch of home run risks by sidling up to crypto, trying gummies and creams and miss miss miss. heck, in 2018 a LOT of hedge fund managers missed running a globalist china hugging chart reading playbook that worked until we got a president who cares nothing for investor confidence and lack of volatility. so like um...every stock failed in following fads.
but then ballas is upping his google score confidence. US legalization is coming....just like winter is coming in game of thrones, but it's coming...and someone recently mentioned that another negative poster who was just whining about not getting his order filled, must have been noticed by the UBQU crew because they took the 1 star nega hits off their comment board.
my point? I think the negs you see posting here ….they want this company to go to 0005. they want us to sell and get out
and then they are going to tank up. tank up big time
If they weren't, they'd be like falling knife who comes in once in a while and says "I can't invest here for reasons. But I hope I'm wrong, I wish you all well
or smokey who says "I sold most, for reasons, but I hold some and I'll revisit in the future"
If UBQU gets acquired, I think it will be for millions, even it its 10M divided by 6B shares ….well that's 0017. Tank up at 0005, that's a 3 bagger....and if by some miracle the acquirer is a stock you'd want to hold perhaps your shares get converted.
Of course, future results will not reflect past performance....lol with UBQU we are all hoping for that!
but I think if no bankruptcy and MJ goes from 900M in 2018 to 20B in 2019...we'll at least get one more pump before we find out if the execs (ballas) at UBQU are really going to help make Hemplife a household name or if they are just gonna buy another Bentley...
sky, you can't even beg borrow steal or save 500 bux in the real world to trip trade once ubqu hits 0005 and start making 100 bux a day?
Joe, I also was 700 bux into HMPQ. don't worry, I think it'll get affordable again.
I saw it go +200 bux and I took my profits. then I read the periodicals. 1M harvest....1M sure not bad but no reason I thought for it to go dolla holla. so I sold
then "analysts post .03 target"
and it went all the way to .0277.
and then it sold off.
I even posted here how once an "analyst" posts a target, the target is usually missed because who wants to be the shmuck buying over target.
now, today was another bear day for hemp, and after missing out on say...another 400 bux green, I kept 1000 tracer shares and oh look, HMPQ is already back to 0179
...Hq is new York city (NEW YORK CITY?? somebody git a rope)
but its an American "pot science" company.
So my thoughts are its right now having a local pop, it'll sell down like most pennies right back to 100 or 095....and if you buy that dip, once the farm bill passes...well it's a USA pot company.
Anyhoo…..I've decided to try to catch HMPQ again at 0100. won't get too greedy, just a 500 dollar bet.
only 300M of the dilution of 5 Billion has hit?
Based on what you and smokey are mentioning, that cannot be good.
at the same time, Ballas got the 5Billion at 10, so if the price drops below 10, he's not even making what he hoped to sell them for!
Maybe the trippers between 0005 and 0008 can make some serious lunch money...
No reason to panic sell.
It is in trips, but there are a number of reasons to tank up imo.
1. Whole US market is bear and schizo right now. some hemp is taking off right now, but nothing is stable. see 2.
2. Unlike 2017 with fear going on, people are selling in December to take tax write offs. so any longs who were disgusted with UBQU at this point sold to take their write offs, held a small amount maybe 1M shares and hope for a sunnier 2019. Imagine you owned this company and DID plan to take the lid off. would you do it right now, or wait until January 2019? if you local pop right now, shorts trippers and day traders sell for even more quick lunch money, longs who are disgusted see a last opportunity to disgust sell before 2019 and take less of a loss, etc.
3. unless you know a hot stock you can make more money on than staying long on UBQU right now, and you need the money, sell. it's the only time you sell for a loss, to get out of a bankruptcy or value trap to chase a known thing. HMPQ just took off.....but you might have missed the boat unless you were on board two days ago and continued to hold through its local climb to .03 (where analysts set a target) ….odds are HMPQ will get close to .03 then sell off again, because why buy above the target?
4. Since I sold the bear bluechips (some, not all) I'm 33% cash....I'm holding UBQU as it bleeds. heck even if I get to .01 I make 50K on my entire stake. if it dips to 0008 or 0007 I'll buy millions more.
5. at these prices, 1M shares going down 1 more micropoint is 100 bux. you can make that up holding 20 shares of Microsoft for a Nasdaq +1% day.
if you are a short seller, a day trader making lunch money, UBQU is the stock for you right now.
if you have to be in something that pops in a day or in a week for you, UBQU is NOT the stock for you.
if you are a long....UBQU is worth at least 1000 bux right now.
The flavor was their peppermint CBD oil.
Ryan, it DOES look like a tire fire. in some ways, it is.
but it's a penny stock, a super micro penny. All penny stocks look like tire fires.
You've got a lot of pumpers, you can tell those by peeps who come on message boards, post exiting posts saying nothing every minute, and then vanishing after the penny stock sells off.
You've got the trolls who say they've sold off, yet come back to gloat or call the stock a POS, then interestingly you'll see them back a week later talking about how they want to see the price per share go up.
you've got posters who actually know what they are talking about, using math and statistics. Sadly, at this time, I'll admit, many of them have sold for the year, and are out. However, many of them also say they watch this company and consider getting back in.
I believe based on that last paragraph that this company might have really bad management who skims off the top, but this company does have potential. It's not a fraud or a scam bound to go bankrupt.
As the trading warrior on youtube once said, "if you can't handle seeing your investment go down 50%, put your money in a mutual fund and get 5% on the average."
So All I can say is, if you are worried about buying at 0015 and watching it drop to say....10....watch it and wait for 10, or don't get in at all.
but if you believe once January sets in and people are hoping for good Q1 results or that management is actually listening (there's some hope in that we are getting more press releases), and come January people will tank up starting the new tax season, you can buy now at 15 and watch you double your money.
I can also say this: a few of the smart guys I trust have mentioned other pot pennies, and some gloaters come in and say something like "HMPQ killed today and POS UBQU sux!" so, I placed tiny bets in both strong companies recommended by the smart analysts types and other pennies by the gloaters...just to see if I could make up my losses in UBQU on paper. so far, I've made a micro amount in gains on the other recommended ones, but all of them right now, are also down.
so I'm sticking with UBQU at this time got oversold earlier, and new damage to markets isn't really affecting it much, and so far not many pot pennies are going 3, 4 bagger. so UBQU is still one of the non-scam pennies that is due for a big pop....one day.
in the end it's all risk. don't risk what you can't afford to lose. it's a damaged stock, a damaged management and guidance, but not a damaged company.
but indeed, if you are looking for it to pop big time soon, take the short term profits and roll....it probably doesn't look attractive at this time.
I hope this helps.
Pros: actually had product tested, has good flavor.
- Ordered 2 bottles of main stream product, label was printed immediately, placed in post office a week later, 1 week to deliver. 2 weeks, they say 2-3.
- at an all time low, with no sight (yet) of inverse split. so if not in the stock, now would be a time to get into ground floor of this micropenny. Nobody expected for it to go this low, only has 12 or 11 more points to drop. so far resistance at 12, but of course we've seen it go lower. Looks like big dumpers for end of year tax writeoffs are dumping, but since they diluted shares at 10, even not in interest of management to have price go below 10, if goes down from this point, tank up at 0009 or 0008
- since not going bankrupt, because of a good product perhaps a buyout from some rival with better press who yet still operates at negative earnings. even a buyout at 8M or more would most likely make your day to be in at 13.
- farm bill passing, any pro pot or CBD news can get sympathy bumps.
- even from a day trading perspective, buying at 12 and selling at 24 on local pops is a one-bagger for you.
- perhaps perhaps, their name is getting out there by raising google trust score. Or more unlikely but possible, the distributor program could actually act as "real" sales.
If this is the case you could see this stock get back to .01, even .02
-see cons below. Company is chasing rainbows. However, however, this is what Amazon also did, and it paid off big time. Sure, if company got down to making more money the old fashioned way, this stock could see .03, even .04 or .05, but if one of these rainbows actually pays off and UBQU say....gets mentioned on main stream media or by some miracle some hemp life bigwig gets and interview on Cramer, you might see this thing go dolla holla. then you'll wish you bought a mil shares for 1300 bux. of course, should that happen. remember Tilray and sell and GTFO.
Cons:
- the name should be changed to HempLife. Lots of investors mistake this for a software company
- like a lot of sheep managers, this company chased cryptocurrencies and threw a lot of money into it with no result. Hopefully they abandon this fad and get back to spending less than they earn and paying their debt then building the core business
- don't think that is in the cards, however. They continue to raise more debt. Ironically, they still show a profit every quarter. By share dilution, it seems they continue to raise more capital and don't just pay their debts, they continue to chase some rainbows.
- product has no THC at moment. It can't to be sold USA wide, but most users want a little buzz with their product.
I'd say buy 2M shares, set to sell 1M good until cancelled at 25. Let the rest ride.
Go UBQU
I'm holding ACB, HYYDF, and of course, canopy growth CGC and the MJ Etf.
it may not happen until 2020, but marijuana will become not just a 20B industry, more likely a 100-500B industry.
go long on all I'm thinking
could be the pumpers, could be longs selling for tax writeoffs, could also be UBQU management putting out those diluted 5 Billion shares to make a little better than 10. I keep hearing from experts that they put those out to the market a little at a time, but I'm unsure if the damage from share dilution is completely over for now.
regardless, optimists, I'm with you. dumping back to 13 just gave a bunch of peeps a huge opportunity to suck up millions of shares for the hope that January will give up pops, optimistic press releases, or just HUGE great press for the pot industry at large.
Oh yeah, btw, the ENTIRE pot sector mini dumped this morning admist major bluechips soaring over trade war "relief". Why? well some big bankers decided to announce they are shorting Aphria, a huge Canadian grower. It caused sympathy selloffs in the entire pot market at large.
Now, I'm not totally sure pennies are affected the same way broad markets are, but mass psychology is. Those bankers will cause a panic, a mass selloff, and then of course, it's easy to short a stock when people believe you that the stock is going to go down.
Anyhow, what goes down will come up if it doesn't go bankrupt, the pot market will recover (maybe no aphria) but with that sympathy, the sheep will return to buy again.
go long, UBQU.
also add a little THC once farm bill legalizes.
One Reason Hemplife products can be sold all over the USA is because it has no THC.
However, users I know in Washington State (where THC is now state legal) prefer to have a little buzz in their product they get from the local shops.
So I am guessing once the farm bill one day moves MJ to the same schedule of alcohol, you might not see a huge demand for THC-free product, as much as product with THC. Of course, I think once the farm bill passes we'll get a pop from mass psychology, but long term, I think the buzz from ThC will be required in pot products, similar to alcohol selling because of the buzz it gives.
I'm hoping either that my guess is wrong in that, or that endo labs is ready to put some THC in Hemplife products once the usa "legalizes"
one saving grace of Friday versus today:
on Friday the accumulation was gradual, with small bits being bought on the rise up.
Today's rout was two huge 10M dumps. Possibly two longs (who have been talking about selling and getting out) selling to take their capital gains losses for tax season.
Just a hopeful guess. I still hold the skepticism of fallingknife that management hasn't been a good steward, but by the same token, I also continue to see the potential for this company. and if they do have great sales, we'll see a rise in January after the sellouts to take tax losses finish in December.
Also, a few days past there were some posters complaining about delivery.
I ordered two of the regular Peppermint CBD oils for some friends who use, and they received their orders in exactly 2 weeks. One user says it has a great flavor, and will wait to see if it is good for her anxiety.
Her only other comments were the labels are printed so small they are unreadable, and if the company could make cartridges for vaping pens and oils for vaping, it might capture the growing vaping fad.
it is a bummer to watch the gains of Friday disappear, but I continue to sell a tiny bit when I can, and continue to hold and go long. It isn't over until you sell.
You answered your own question, Pitts.
The pumpers are dumping.
I am also in it for the long haul. I was just making a joke.
Indeed, I know I am an owner, quite a bit of one, in fact. However, My two comments today are hardly a "sabotage", it was a humorous observation on an aberrative possible pump to which I fear might have been a tactic that might damage the future growth of this stock. Indeed, the push up from a low of 12 was welcome, and it beat the negative postings that typically litter this board. But I also noted that today trading was light, an average numbers of shares were traded. therefore, I really do expect unless we get 'real' good news (which is unlikely) in a day or so, the people who bought today will sell, just like they have in the past, and back to 12 we go.
A few months before, others here commented on whether I was a hired gun by Ballas based on my initial post about why I've gone very long on this stock.
I am curious as to the nature of these posts to which the same tag names put out somewhere to 30 posts each, all positive, within seconds of each other. It's the first time I've seen this: I wonder if they are automatically created or hired guns by the the company. What is their motivation? Indeed, if they were hired by Ballas or someone of their ilk, that would be important to know, as this is, imo "artificial advertising"
If you've read my posts, most of them have been positive for this company. I still, regardless of watching many of the wise longs here say they've downgraded their positions based on lousy fundamentals.
Similarly, I don't appreciate the haters who come in and drive down the stock, claim they've sold out, just to tank up and run the next pump and dump. My responses to the bots today hardly makes me as intent as others who have used very negative language referring to this stock in the past.
I might "sell and get out" one day, especially if I continue to see artificial ups and downs instead of true fundamentals for this company.
Likewise, Enough Said.
Nice try, paid posters?, bots?, but multiple posts 5 minutes apart?
Wish it had actually mattered....
Smokey, you used to be positive, but I hear you.
Next pop hopefully we can get out.
trading was light, maybe 5M shares traded (mostly me buying at 16)...
then pow, 15M shares traded at 16, and huge bids piling up in the millions at 16 around 11 AM PST.
Ok, if the trade shows matter:
I'm not a user of CBD (yet) nor am I anywhere near trade shows.
So question, for the longs who believe in this company and not trolling us to sell out:
why can't we do our own advertising?
Is there any illegality to buying a distributorship, and then attending a trade show or doing our own videos on youtube extolling its virtues? or does one need to "work" for the company to set up a booth in a trade show?
then again, I guess folks who want to drive the price down could do the same thing in a negative way...
I am unsure if cryptobuy matters.
at this point, cryptos have receeded and even thoughone day they might explode again, they could also become government regulated whereupon they become just another currency.
I'll admit I have no clue other than cryptos were "oooh ahhh" for a while so everybody attached "bitcoin" or "crypto" to their stocknames to explode their stocks. A medical replaceable parts company called itself "bitcoin services" and went 100 bagger, to later return to levels similar to ubqu.
So, in my ignorance, I think cryptobuy should be abandoned, and Hemplife should focus on selling their product and indeed SEO advertising and other more common ways of getting their name out.
However, wise folks, if UBQU actually got cryptobuy up and running...would it actually help other than a press puff piece?
Sadly, I feel a negative vibe.
The haters are in force, even though some of them posted in the past that they sold and got out...so if true, they are coming back to sow discontent to pick up shares at a bargain...
and the rationals are mentioning that the debt can be paid at .0010....so I'm guessing that as millions of new shares hit the float, they just sell down to the bids. if they beat 10, they make more than they planned??
sooo….even though it saddens me, I see this not hitting resistance until .0008
I'll admit my ignorance compared to the big fish on this board, so I pray my feeling is wrong.
Even though I agree UBQU still isn't getting itself out there at conventions, I went to a herberdashery in Washington and asked for cannazall..I learned they don't allow importation of MJ that isn't grown in Washington state!
because it isn't legal federally, I am pretty confident each state that legalizes has similar laws, which allows each state to force a mercantile industry.
therefore, online orders and deliveries at this moment is still really the only way to get any product that isn't grown in your legalized state.
So an online strategy is probably a strong strategy at this moment.
on the day of the distributorship detail, I had plenty of "good until canceled" limit asks small sales of 25, 26, 28 etc.
on that day, the market opened with bid 30, ask 35.
I was happily surprised to see many of my good until cancelled asks filled at 35 and 34.
question: what caused the bid and ask to jump like that based on that good news, and to have today be from what I can tell was a lunch money megamillion day trading pushdown? the dilution scare? the disappointing selloff in the entire MJ market today? the realized blue wave possibly making that US legalization of MJ won't happen until we get a Dem president in 2020?
I actually thought sessions getting fired would make the mj market take off....it did...for like...23 minutes on that day.
Other than that, I'm still trying to crowd the bid 1 below and tanking up, trying to deny the lunch money day traders a wide spread. again, wise longs, do we continue to hold and accumulate, waiting for a big payday? I actually think the sales offer and distributorship might really push up sales.
or do we let this thing fall to …. 0008 or just panic sell on the fear of inverted shares.
still lost more money today on tech than I did on UBQu...
couple questions for the non-haters:
1. I realize the news posted today was hopes for the future, but I was surprised that the other previous two news posts raised the price a lot while this time we continue to death spiral down. I'll admit I caught the dip, at this point the bluechips are worse! but any theories as to why hate on this news, which kind of makes sense to be good news?
2. my trading site still shows 894M shares. now my trading site is really crappy at posting the latest updates. have the diluted shares hit yet?
I bet the "advocates" are the ones who didn't see this jump day to day and sold their short shares today in disgust.
oh well, if the distributorship or the special 19$ offer to first timers bust sales later, they will regret not going long.
Don't know if this matters, but
didn't realize banks would be closed on Monday to observe veterans day,
therefore I have no settled funds to buy the dips.
That, plus a generic panic sell of apple (again wish I had cash to buy more) and market panics may have been why there was massive selling into a green wave on Friday.
Regardless, today is a generic bad day. Aurora cannabis just announced a 260% beat on sales, and they are trading red today.
tomorrow is another day, for all pot stocks.
of course the advantage of being a big long is that I can sell as much as I can for green today, and if it goes up on Monday, I got plenty more to realize.
sigh, you are probably right smokey.
So I guess I should unload a little more green and get ready to buy some more at 20 again...
I agree I think those that bought a lot on the way down are taking their profits on a large jump...and I did that a little bit. Today is a good day.
but like you bulls I'm hopeful that a farm bill passing plus actual kickass earnings in 2019 will make this go dime or even dolla. I've sold what I wanted, I'm holding out for another local jump maybe next week.
also, typically Friday is a low attention day. I doubt it due to recent political sentiments, but you never know, some 3 day weekenders may come in on Monday and make it a large action day.