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oh yeah marketing idea:
I'm not a user, but those of you who visit your local herbadasheries, can you ask them to say...."hey I like cannazall, can you stock it?"
would that work spreading what I hear from you all is a primo product to retailers?
Smokey I trust your calls
Sigh...wish you were wrong but with tiny asks and only 22mil shares moving I think you are right...we'll probably see those MMs of which you speak start driving it down making lunch money.
However...I didn't sell anywhere near my entire stake, made some realized green today and after seeing the Nasdaq get beaten like a red headed step child, today was the first good day in a month.
It was a good day. based on your advice smokey, I'll try to be ready to buy millions of shares again at what? 20?
Based on the shorting strategy, I have been trying to buy these dips, about a million shares at a time. Today, all it has done has crowded the bid and ask at 1 point together that should shorters be playing they'd have to trade millions of shares to make even tens of dollars of lunch money
I am unsure if this tactic is useful, but at least if they are going to drop the stock at this point by more than a point they have to sell to me (and I assume other longs)
but my question is this: I doubt it's possible for OTC penny shlock, but if ballas gets 5B shares, and opens enough to the float....can we take over the company by hostile takeover?
step 1: end all "weird projects" that might not be real, pay off the debt, operate in cash.
step 2: ....I don't know, even cheap TELEVISION commercials or getting peeps who love the CBD oil to put out youtube videos.
3: profit?
I'll admit I can't tell if the analysis is good or bad for long holders.
Ya I'm with you Orion.
WIsh I didn't have millions of shares above the .01 range otherwise it would be painless to buy further if it went down.
borrowing I get.
Don't know how naked shorting works.
In order to sell 1M at 25 they'd have to set a limit. if they sold at market they'd flush the price down to 21, but would catch a bunch of bids less than 25, and then have to hope someone else would feed them at 21.
I wouldn't dare try that. I am guessing that fancy software that allows you to see all the bids and all the asks allows you to target a certain bid, even if it isn't the highest one.
so without news which would cause real investors to buy in and pop the price, what is the solution? Is there a tactic? is there anyway a whale long can do anything other than suffer?
scratch.
Same here. still buying the bottom out. My thoughts are if it doesn't go bankrupt and I keep buying on the way down, it has nowhere to go but up from 0001
also, like others are saying there are companies at .30 with worse specifications than this one. all it takes is for forbes again or Cramer or even the USA to legalize or even get one of you users who love cannazall to put out a viral youtube video....and I'm guessing a lot of your big holders, .30 would make you millionaires.
how do the shorters short a penny stock?
is it like a classic stock short where they borrow shares, sell for cash, then buy it back lower and keep the balance?
are they borrowing shares from Ballas?
if they are covering, what is to stop them from borrowing all over again, selling tons plunging the penny stock 20% and immediately covering again?
when your stock is in freefall there are 3 questions to ask before you sell
1. is my company going bankrupt? if yes, sell, if no go to 2.
2. Is my company a value trap? (ubqu might be one). if yes, ask yourself if you could use the cash somewhere else and make more money quicker. if yes, sell but make sure some other stock is actually doing better that day.
3. if no and you wish to hold long term,
4. is it going to tank even more? now ubqu could, but as smokey has analyzed, it is really close to low. but if you really think you can get it at 10, 12....wait....
5 if you are still in, buy dips and reduce average costs.
remember large holders, if you disgust sell today, this stock will probably go to 55 by mid November!
unless one of the more in the know about ubqu can say that 1. is yes?
Well Mess, be of good cheer, if that is possible.
UBQU WILL see 49 again I'm pretty sure of that. Maybe it won't go dollar, but it went 3 cents before, it could even go 20, 25 cents with good guidance and positive advertisement.
Some deliveries were commented being messed up, but so far only two blinding ones, in a company that is shipping a lot of orders. Not too shabby actually. Beats my experience with amazon.
it might start heading back to 28, 27 if, during no news cycles, we let tiny poot sellers send 50K shares back into the bids, but if the large shareholders stay strong, it'll do MUCH better than that in the long run.
are you that hovering 17M ask cloud we saw about a month back lol?
Great news FIN!
I didn't know the 5B new shares were already baked in.
and yeah, I haven't been around a while.
Getting really stoked by two things: one the positivity again on this board, and that today the asks were very thin.
small trading today, but mostly on the upside. With the second panic sell in October in blue chips, today UBQU was one of the few upsides!
also, I'm thinking as big stocks take punishment, you are going to see more people speculate and take risk on pennies.
Just spitballing here:
5 million raised, outstanding debt is 550K
we take a hit right now of a third of our stakes, but if they are honest and just pay the debt, their earnings explode next report.
so overall, if we could trust their guidance on this, operating debt free would eventually get back our money (and then some if we buy at .0010
?
It looks exactly like what you think, Chip.
It raises 5 million dollars, and another 1 million preferred shares.
Unfortunately, I don't know if that means that it will immediately drive the price of our stock to the low 10s.
Does that make all our existing held shares drop to that level?
Someone tell me I'm wrong, please. But it sure looks to me they are adding 5 times the existing A/S.
I'm seeing some positivity today, but a lot of negativity has returned.
What happened to Smokey's encouraging post asking the shorters of this stock, which might have been trying to drive the price down to tank up or just troll, to um...."shut up"?
I'd like to just sell and get out, but you know the second you do that with a penny stock, the stock jumps 100% the next day.
I can imagine it now.
"James ballas said 'well we had a good run, but when they offered to buy our brand for 15 million, so I turned to my executive programmer for Cryptobuy, and I said "hey, nephew, is 15 million a lot of money" where my nephew said "yeah uncle, that's like, 5 times more than you could ever hope to get. I said like "wow, that's a LOT of money. and to quote my favorite character, Frito pendejo from 'idiocracy'. 'I like money'.
so I guess I'm riding this thing like slim pickens rode the nuke in Dr. Strangelove!
I noted on other message boards some disgustatards sold claiming "tax write off"
so maybe with luck, we'll see a buying glut in January just so they can ditch it again for the tax loss later.
If they can't get another sine curve pop they can't make any serious money in diluting the shares...so either they are doomed to actually paying their debts with the tiny profits they declare....or eventually selling out.
Hope Cannazall is as good as many say it is, because then maybe one of the other CBD giants would pay 10M for this....2.8M enterprise.
I really hope Ballas isn't corrupt...but now I worry.
I wonder if he even pays attention to a single post begging him to take a company that makes money and running it like....a value company instead of trying to breathe life into a crypto market that will take a long time to get hot again.
I can't say the haters are wrong.
but I think this company is undervalued.
However I now don't agree with the optimists that it's valued at even .01
but it's at least .0036 ….
oh well here's hoping maybe just maybe it can see 41 before january
8mil ask at 27
i'm guessing that means a lot of people at the writing of this post think UBQU is worth 27 to invest in, regardless of all of its problems.
It means someone should convince Cramer to interview Tim Zorn
I'm worried Ballas would be too high to be coherent.
market cap listed as 2.8 M when 0033.
earnings around 900K a quarter which is 3.6M per year.
slightly profitable, (I guess)
so.....fair target value about 36?
Not sure about any conspiracy
I decided to grab some other CBD stocks recommended by posters on this site.
sure, they are up, like 1 to 2%, and trading along with major indices. there's a lot of fear out there.
Aurora cannabis is up 8% today. Now that's big, but they are a grower not a CBD and the press is turning.
At the time of this writing, UBQU has traded 4M shares , way down from larger trades, starting with a disgust sell of 2M at market down into 30.
A lot of talk was made they'd post some sort of press today. they did not.
Not saying the haters are wrong, not saying the optimists are wrong. It is so far just another press-less day for this stock and it's trading down as most pennies do when they don't get good news.
they will offer loyalty gifts of millions of shares
Once the share price is down to 0.
Agreed. the 15M ask cloud disappeared. some sells into 41, but then one tiny poot sell into the 35 36 range drive it down again. only 4M traded today so I don't think anyone knows anything new.
Still wondering why that 15M shares never sold nor ever got rage-sold-at-market. Typically that's what can cause a decent day to turn into a -20% day.
yes the giant 15M ask cloud. It appears every day, and only poots out a tiny sell at the end of the day to drive the price into the ask.
Could this be the share dilution that this board has been talking about around a month ago?
I've seen some other pennies having this constant ask at a constant price which never waivers keeping the price down.
Yep, totally with you, fighter.
they have a product, and sales, and even profit.
I'm gambling no bankruptcy. even if drops further even a 10M buyout would make the entire enterprise about 250 and break even.
I'd rather have a real company though that pops to .10 ….or even more.
Perhaps share dilution has caused some drop, but at this time a simple 80 dollar buy can move UBQU from bid to ask. with only 4M shares moving these aren't panic sales dumps.
I doubt this is big time holding sellers in the know, more like multiple peeps who bet 200 bux at 80 seeing they are down 120 bux and disgust-selling, and chasing aurora or some better company with short term pops.
this IS JUST speculation, scratch, but I can use experiences from watching the CBIS message boards here and on Yahoo finance as to give you a possible answer:
My apologies if your question was rhetorical lol.
CBIS is valued at 120mil but last time they bothered to post financial reports, a year ago, they were 14 mil in expenses, 5000 DOLLARS in revenues. The CEO was found to have committed fraud, had 3 failed businesses under him, and is presently facing fraud charges in Canada. He also, like clockwork, puts out tepid and fake press releases at least once a month. They are presently running with "appointees to the board"
Even so, CBIS moved pretty much in tandem with UBQU for the last years, huge spikes in Dec-Jan, etc.
This time UBQU is bottoming out, and I believe CBIS might head toward bankruptcy or having OTC halt trading.
How was CBIS making money? most likely from a pump and dump scheme. CBIS haters suspected telemarketers were paid from the 140M pool (in stock) to push noobs to buy it (in fact this morning a pro-pot-penny stock video mentioned CBIS's rise last year from .04 to .13 to push penny pots in general. So pushers are paid to pump CBIS, and if CBIS lucks out and gets a breakout because a lot of penny speculators don't do a lick of DD (guilty at the beginning) if they go dollar the CEO cleans up.
So IS HMPQ still publishing financials? are they still getting good press from ….reliable sources? if so, that is possibly why they are exploding on bad financials. Right now Tilray, which is probably an 80M market cap company, went to 16B one day on great press, then it was an 8B the next day, 12B the next in the feeding frenzy.
So I believe UBQU is inept, not corrupt. Why I still hold. I believe CBIS is corrupt, not inept. I believe Tilray is lucky. HMPQ sounds like it might be corrupt, especially if its OTC and lagging in publishing financials, or they don't even offer a product.
Be of good cheer my UBQU holders
soon, your stock might be worth more than Sears
Even though I'm with you Cleveland, and with the bulls and optimists in general, I have to admit, that the bears who come in with data and reason do make sense. Fallingknife gave a good argument days ago (and referred to his original statement in march) as to why this company isn't a good investment. Now I'll admit along with Rushman that I'm pretty heavily in, so to panic sell at this time would be foolish.
I still believe in the following hopes:
- chart analysts who don't bother to do DD (day traders) or give a care about companies in general will eventually give a buy order, and noobs will send this stock back to 60 or 80.
- MMs will let the pressure off, after buying it down to 25....let it get back to 50, and then take their smaller x2 gains
- the farm bill will pass and with luck this stock might even get back to .03....but based on Fallingknife's dilution argument, that would just let Ballas rape this company again as his piggy bank.
- I believe getting a tiny OTC company in so much trouble we could "hostile takeover" as investors is impossible. so I have to hope Mr. Ballas is incompetent and sees the light, not corrupt. if he's corrupt, bankruptcy could be the finality for this company. But if he's just incompetent, and tehre are other officers out there in this company who want to just bail, and the rumors of a 10M buyout offer are factual, perhaps we can mostly get out breakeven money at .025?
the nightmare is a reverse split, or eventual bankruptcy
I still have a hope against all hope that the google trust ratio followed by competent sales and growth could maybe....just maybe....get this stock to 10 cents before ballas can figure out how to bring the price back down.
Also I hope the farm bill passing might cause a nooby craze buy, with luck, some major publication muight screw up and mention UBQU positively again and we could get a Noob-buy non-DD Tilray explosion. But if by some luck we go from .0050 to say, 1.20 a share, I think most of us would probably sell LONG before that.
Sadly, my dream of penny stock go dollah hollah and puts me in the evil top 1% I have put to rest.
I hope I'm wrong, I have more than a million shares, at these prices they weren't hard to acquire. BUt I doubt I want to hold more than a mil shares of this company any more.
(still open to change my mind about that)
What I was saying is that attention in the MJ market, and other markets, is elsewhere.
I'm not the folks offering large caps and driving the price down.
Sorry, mess. I suck. I tried to keep the price from dropping, but looks like it's gonna.
ya, when this stock fell from 292 down to now, what would cause it is the original buyers realizing it wasn't going to go stratospheric selling mega millions of shares, most like "at market" instead of limit.
good news is nowadays it hasn't been 50 mil shares selling frenzy, most like 10 mil, or in the case (so far) of today, 2 mil.
prices are so low tons of buyers, myself included to catch it all and cause little pain. in fact, at the time of this posting, price already recovered to 40-41.
Time will tell.
From your keyboard to God's web Browser, Natureboy.
I think before a breakout it needs news, or some indication from some tracking software it should be bought. However, there's still hope for a local breakout pre "good news" in my opinion:
1. Markets are rebounding, China trade fear club is now being refuted almost at every turn, so money is pouring into the markets today.
2. MJ money was dumping into Tilray, until they created a spikedrop and started buying air. Now the money is moving towards more cautious buys. My hope is MJ speculators will start looking at UBQU and realize the same hopes that you, smokey and other triple bottom analysts have been hinting at.
I've been setting my sells small in increments of 43, 45, 48, 50, etc on the thought that small time investors don't want 800K shares and would buy a small lot. I'm not trying to drive the price down, trying to entice a small buy to drive it up and possibly inspire a breakout.
should I be offering larger lots (good until cancelled?)
Thank you Silver tin man.
I'll be honest. I'm an investor. UBQU, Ballas, NOBODY is paying me in any way to comment as I am as a cautious bull for UBQU.
I bought it a year and a half ago, and bought little bits on the way down. I enjoyed gains from the 53 bottom in 2017 to the 292 height.
If UBQU were to go bankrupt, I'd be set back a year at most, because as my handle implies, I've done well on blue chips, but yeah, it would hurt.
So why am I not joining in on the bears as UBQU slips off its 43 resistance and heads maybe towards 30?
1. as I've previously posted, right now the market is low energy, and everyone in pot chased ACBFF...and Tilray...I now thank God that I only took a paper loss of 8% on UBQU today than bet the farm on Tilray at 299 as some peeps on that message board imply
2. I noted Smokey posted a rumor that the company was offered 10 mil and it wasn't taken. Even though I agree Ballas and the name are HORRIBLE. the leaders of this company believe in it. hopefully they are not scammers (if you wanna see a penny pot imploding right now on fake leadership, check out CBIS, a stock I did finally give up on). If they finally do sell out to big CBD groups, they probably will still get 10M, which means I'll get back my paper losses
3. the company posts low profits, but they post profits. they squander their profits on cryptocurrency, but when a stock falls you have to ask yourself "is it going bankrupt" "Is it a value trap". if no to both, buy dips
4. now UBQU COULD be a value trap, I'm guessing had I say, lucked out and won the tilray 150 to 300 lottery today, yeah, my money would go a lot further make a lot more. But, when it comes to lotteries, I think UBQU is the one to be sitting heavily upon. A LOT of bulls here believe UBQU could one day go 1.00.....or even more realistically 10 cents. WEll, I'll take a x20 pop.
5. I fear Ballas IS giving friends shares for free and diluting shares. perhaps he smokes his own product. but at the same time, perhaps he isn't 100% sabotaging his own company. This google hits thing....well what caused Tilray to spike and go x8 in a day? cramer interviewing tilray's ceo. Imagine if Hemplife even gets to the #3 spot on a google search for CBD? I can imagine a 30% chance if that SEO expert really cares. all UBUQ needs to do to get to where it should be valued (what? 3 cents? 9 cents?) is just people KNOWING about it, and saying "oh, yeah, that's cheap, lets buy) and getting the daily share trades to 50 mil.
6. I joined 2 days ago because I like the chats here, the company, and even though the bears have reason, it's clear some of the complainers believe in this company and hope for it to do well. I've seen a few moderators here post that they try cannazzall and love the product. If I have a chance to become a paper millionaire, its' here. I think I have the best chance to buy a million shares for 4000 bux and have maybe....just maybe a 30% chance in 2 years of going x25 on it.
7. I know, most likely for the next two months you might see it drop to 30....under 30....and you'll see a ton of "dumpster fire" posters. Hopefully we won't see "SCAM ALERT" posted right here on the marquee for UBQU on investorshub like it presently is for CBIS. If it drops due to less than 10M share trades a day and no real news....I'll roll with it. I really do believe in UBQU, and at least 100 before end of year.
like most of you, here's to Mr. Ballard stop taking the THC part of his product and just get down to overpaying debt, giving up on cryptos for the moment, getting the name out there (or changing it, at this point just GETTING IT OUT THERE might be quicker and legally easier) and upping the overall value of the company.
If in the end I have to sell and take my lumps, yeah, I'll admit I suck and the bears were right..but I don't think most of us wants this for this company.
Yes. I believe at the very least, cycles for this (barely) profitable company will make it be 100 before end of year, and this sadly depressing sale day for UBQU is partially due to overall low energy market trends and the fear it engenders
also keep in mind we are in a cyclical slump in all markets. September is typically a low energy month for major indices. sheep are selling because of November election fear, and the trade war club is rattling tech, apple, amazon. An old saw is that once yom kippur is over you'll see some money come back, and once earning season starts hitting, and with luck we might see a rally with Micron on its earning announce this Thursday, with the sheep and fresh noob money comes people who are looking for a long undervalued penny to buy. I've noticed a lot of UBQU surges came with general surges in the US indices. We may see pain....for a while, I'm still thinking you'll be glad even if this stock hits 100 in the end of the year. Last year it went to 292. I'm thinking even if UBQU remains weak, just on cycle pops we'll see at the very least 100, 95....
note that recently a lot of trading between (now 38) and 47 have been on less than 5 million shares. that's less than 25K changing hands. I think that some small holders are panic selling, selling "at market" and filling the low BIDS.
also right now big pot like ACBFF is going crazy. I agree all this company needs is ATTENTION. when some place simply put a "buy" out on UBQU, it had a local pop to 60 and 50 mil shares. I think the attention of the pot market at this moment is on big Canadian growers, coca cola and phillip morris, and their possible future alliances with said big Canadian growers.
Also I see a LOT of analysts claiming this is a real company, profitable, just poorly managed, with a horrible name, a horrible stock symbol, and just needs to get into present day advertising (google hits).
SO I advise folks, until there's bad news, or some huge volatility, don't panic sell. I am optimistic even with normal cycles for all pennies at the end fo the year, pumpers will buy this place just to dump at a loss and even out their stocks for tax purposes.
May your pro KO-ACBFF contract fly from your keyboard to God's web browser.
ACBFF is 7.67 a share on US side, if it went to 10.5 (unsure how Can exchange translates to US dollar) it would be around a 50% bump. somehow I doubt that will be the case lol.
I also suspect it might not be coke, but not because coke wasn't halted. Coke is huge, 170 billion dollar US blue chip Dow Jones, an alliance with ACBFF wouldn't halt it. it would just be released.
However however, I'm REALLLY Hopeful maybe they came to a deal. If ACBFF becomes top supplier for coke, speculating when MJ gets moved off a controlled substance, the floodgates open for pot infused beverages and cigarettes (phillip morris will be on that one) and bam. all that acquisition of land ACBFF has been doing will pay off, big time.