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Doesn't the FDA have to approve it first? Won't there have to be clinical trials first? Initial trial, then Phase's one, two and then three. And then the FDA has to approve. If that's the case, that will take millions of dollars (which is why I think they need a Pharma company to do) and time. Roughly, two to four years, if lucky.
I thought they had way more then that.
Well, that's kind of good news. Two major posters here sold all in recent days and the stock has remained steady. So there is still buying interest here, even though the pps should have taken a major hit due to the increase in A/S. If only the company can come out with some good news they and others will be buying back in and we should see a nice increase in pps. At least til we hit the mid nines and then TM sells his shares.
Ha, ha, ha.
Well Panzer, I hope you are right. But this is pennyland and CEO's here are particularly good deceivers. Good seldom comes from news given after hours Friday. The problem will be Monday and how many bail. Could get real ugly as there will not be many buyers.
Hmmm, removed, I wonder why? Well, just for those who made fun of me for bringing up the subject of dilution in the last quarter filings.
Maybe YOU should have read the filings more carefully. I wasn't trying to be mean or bash, just asking questions and then ridicule.
Look, I am sorry if you are offended. I highly, as well as most here, respect your contribution here. But because of that respect, people will follow your guidance, even though you don't want them to sell. And because of the low volume here, it does not take many selling to kill the pps. Which it has and does. Look at todays volume, if anybody was selling today, we would be in the 6's or lower.
The problem with your strategy of buying low 7's and high 6's and selling in the 9's is everyone here may be following your lead and KILLING the pps. It's no wonder we don't break into the ten's as everyone here is selling. The volume and investor awareness is too low for this to break into the 11's and higher because of that strategy. I know it works well for you and others, but that is probably why we are here.
And I and Minster are considered bashers. Really?
Thanks, TM. I hope we don't have to wait til summer for the pps to get to .20, because you know that as soon as the six month period is up and the pps is over .125, they are selling. Overall, better then them increasing the A/S.
That's nice and so am I. But my original post was in reply to someone suggesting the pps would sky rocket because of some patents they may get in the future, implying the near future.
Actually, you might not. Have you had your patents infringed? Was there prior art that was looked into when you filed for your patents? How long from application did it take to get the patent approved. Check out my example of a real company with huge patents that basically run all computers and many other things, PTSC. Look at their problems with patents of gold.
Um, yeah. And do you have any idea how long it takes for a patent to be approved? Provisional means nothing. And even if approved it will be infringed and then it is up to the company that is infringed upon to sue. Good luck there, the expense and time is enormous. And with the recent changes to patent law, patents holders have a much harder time to prove their patents are valid. You should do your research. I put out the example of PTSC, check it out.
No, wrong again. Just realistic and not into hype for things that may happen way into the future. I am long here, not much, around 50,000 shares. Bought at .073 and .092.
Does STEV already have those CBD patent applications? If not, the time frame for getting patents approved could take two to five years and then there could and probably will be patent infringement. Then companies will try to get the patent invalidated by challenging prior art. Look at PTSC and see what happened to their patents of gold. If you are betting this company of patents they don't yet have, you could be in for a looonnggg wait.
And the companies that sell the products are...drum roll...?
We are talking about hemp here right? What revenues? Is your logic just wishful thinking? Is there any company out there you can point to that makes money selling hemp products?
So how does anyone here know that hemp will be a big deal if there is no company to compare with? Some people here pump hemp as the next big deal, but post no credible evidence.
And what stock would your barometer be for hemp?
It's interesting that hemp could be explosive, but when you look at the stock HEMP that is trading around .31 with over 9,000,000 shares traded today, you see a stock stuck, going nowhere. I would think that if hemp is going to be big here, that the stock HEMP would go first, just based on the volume there.
Well that may be true, but your original post implied that they were screwed NOW because of the EOY pr. And I was referring to that pr, that has not produced any increase in pps. But I apparently do have a problem reading and comprehending things.
My bad. I am sure Stronghead agrees with you.
Sorrryyy, it wasn't that clear to me. Regarding tax loss, I think most have already sold and will be ready to buy in early Jan. Most people that trade regularly and have losses, usually sell in late Nov. or early Dec. so they can get the 30 days in before any potential good news hits those stocks.
Hmmm,weird. According to you, this pr just set the pps on a rocket to the right, upward, screwing those who sold for tax loss purposes. Funny, it's not moving that way. What did I miss?
That's from 2012, c'mon man.
The volume doesn't really show it, but I bet some of this increase here is short covering. This stock doesn't have that much more of a bottom here and paper profits are just that, paper profits. They make no money until they cover.
Of course, greed kills and pigs get slaughtered. Hope they get slaughtered.
The problem with the pps currently, is we are in tax loss season. Manny people are presently underwater and they may want to take the loss for tax purposes. I am one of them, but I have not sold yet. Probably will soon. Look out below!!!!
Oh the poor bearer of bad or negative news.
Messenger - Sir, I have information that there is an army approaching us.
King - What? Nonsense, we are a peaceful people here.
Messenger - Nonetheless sir, they have heavy weapondry and are devasting the countryside.
King - I don't believe it. Don't say anything more.
Later
Messenger - Sir, the army I warned you about is at the gates.
King - Shut up! Officers, take this man and behead him.
Later
The victorious army which easily captured the castle, took the unsuspecting king and beheaded him and then ravaged the castle and town, taking anything of value, leaving the remaining inhabitants with nothing.
It is always best to hear the good and the bad.
Mr. Burton, you do realise that they have diluted in the past and they suggest strongly that they will need to in the future. Don't be blind and fall in love with a stock and ignore potential problems. I have seen too many people on stock boards who refuse to see problems and lose most, if not all of their money.
Bingo, your post should be stickied until one of his promises are met.
Not quite. He stated that they do not have enough money to last more then six months as I recall, and that they will have to seek financing and/or dilute. You can bet that they will dilute, it's just when.
30 million dollar deal, supposed to be announced awhile ago, no where to be found. 20 million dollar deal that they were busy writing the pr for a few weeks ago, no where to be found.
But if you are looking for someone who lies alot, Andy Marsh will do just fine.
Haven't any idea except the Knife and a few others said they were buying, but that was before the big dump. Company did say that they were going to dilute again, it's just a question of when. I don't think they will dump here, I think they will wait till next year after the store is open and if there is an increase in pps and dump then. But they will dilute.
Well, that sure helps the pps gain in strength. If everyone always buys at the bid, the ask will decline.
Some of you are so funny. Slap the ask, clearing more funds to buy such cheap shares...blah, blah, blah. I have a suggestion, DO IT. Oops, looks like all talk no action.
I agree with every thing that Motley Fool article stated. Andy is a liar and very seldom follows through with any thing. But, BUT, it is weird that so Motley Fool and some others are always writing articles about Plug. I mean their are thousands of other companies out there, but Plug seems to be on their radar. I wonder if that is because they or someone they support are short.
And Panzer, I think I also read in the latest financials that the company only had enough money for around six months and that they would probably have to seek further financing. That usually means in the pinks, that they will dilute again.
I thought the financials stated that they were UNAUDITED.
This just in...the Great Leader, Lerner, has decided to give back to his loyal supporters and remaining shareholders, a Christmas present. Due out any day now is a new reverse split of 5000 to 1. It is intended to put the company on a real solid foundation going forward and insure that existing and future shareholders will reap the huge benefits.
You heard it first here. Better slap that ask now to get in early. Just think, you can purchase millions of shares cheap only to have then get cheaper for the holidays. Do for the company, do it for the Great Leader, Lerner.
That is big. I hope they put a clock on that one too. The stock should run barring now new news when the clock gets close to D-Day.
Well I didn't and I am betting that neither did you or most here. I am fairly new here and as long as I have been here, he has never met the first two of the post I was responding to, nor did he meet earnings in the prior quarter. And from what I have heard from long term investors here, he has consistently missed his promises. This quarter was lower that the same quarter last year. And you can see where the pps has gone each time.
It seems that you like a few others here has committed the sin of falling in love with a stock and refuse to see problems or red flags. I like the future here but I will never trust this guy again.
Andy has not delivered on any of those. His credibility is sorely lacking. And because of that, the pps continually gets knocked down.
If so, then the pps should start to recover tommorrow. Hope you are right.