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Over $131,000 traded today at or ABOVE .09. More Longs !!
ARCA made the sale after the bell sale today, so that must have been shorted, because I think they just facilitate sales among MM's.
20110309|CBIS|1807355|0|6974316
I'll bet you it will open at .086 to .087, and may drop to VERT at .075 by eod. IMO, thats how I read L2. Resistance to .09 is nine MM's deep.
7 million volume was good, but not that "high" considering the PR effect of February.
In post# 19315 I predicted the high today and sold around 10:30. I will buy back, before the next PR if I'm lucky.
Just saying ~~~~~~~~~~~~ but don't follow my strategy ... I may be wrong.
I'm guessing between 2.5 to 3.5 million shares will traded tomorrow, which will give many some unforced trading opportunities.
I seen a number of large orders today above .09
Don't get me wrong, I love CBIS and the plan, and I wish they will go to $30.00 in a year or two, but I can take opportunities between the lows and highs to get more shares and $$$$.
That's a pretty smart move. IMO, the morning rush may not exceed .09 as there is literally millions of shares above that price that may look to recover PORTIONS of their investment, as some will try to average down.
I'm thinking the next PR will be in a couple of weeks. (or if the stock drops t0Oo low.
Spot on comment !!!!
Thats funny. You think my trading skills are lacking. LOL
I think it was spot on. It's down almost a penny since I sold.
Buy the dip. I pick up some of those shares yesterday at .0651
I sold my position above .09 because there is so much resistance above that due to the 50m shares sold on Feb 23. I'll buy back when it goes lower.
How about .09 today as a "high" LOL
The hemp oil you find on the internet, made from seeds, is rich in Omega 3 and Omega 6, so it is used as a health supplement.
Interesting to note that seed mash is call gruel, and was made into a meal.
If the seeds are mixed with others and set out for bird food, they will devour the cannabis seeds first because it is nutritous.
Excellent post
Here's one that was uploaded a few weeks ago. (it may be old, idk)
Yes they will...."soon"
katano:
A lot of the people who play the pumps or watch the pumps can point to the last PR.
Those who followed the story of Rick Simpson and others have seen these results for years.
Those 100 share buys at the ask were yours today, eh?? If so, you did a good job keeping the share price up today.
I watched the .07 support give out today, so I do not think there will be much support there, maybe a token amount of shares. But you did a good job of rescuing it back up to .077
Looks like we will close at .07 today or near to it. There should be solid support at .06 -- again, IMO, that is floor unless PR doesn't come out this month.
I hear ya, I won't flip it either at this point, we could be at the low of the day and that would only cost you $$$$.
Monday is kind of scary though if no news, cause people thought it would have been here. I would also think the company may need some more cash "soon" to pay da bills and compensate those who been working hard.
Financials not being out yet kinda gives me the willies. LOL
Your right, well I'm sure that when they mean "soon" they mean that they are putting events together as soon as they can. Look how long they have been trying to work on the divy....since September....hopefully soon the will announce something. Soon is a relative word.
More gifts.
Kazorchian wrote:
USBB and AUTO have been trying to get up from 8 but keeps getting slapped down. Just saying that won't happen much longer before we get into 7's.
Looks like we are going to test the 7's sooner than I thought.
Thanks bud. Probably going to need some more of that today.
Volume on trading late on Thursday shows that the levels are back to pre-PR. Looks like a few averaged down yesterday waiting for the next stunning PR.
IMO, looks like we test the 8's in the morning. There is plenty of support there. Lets just hope it holds because the next major support level is at .06 -- Several others have noticed that pps climbed on relatively small trades the last two days, someone artfully slapping the ask.
GLTA
Those short shares look like they were traded in the last two minutes yesterday.
Thanks for your post on the short.
Well I've grown some of that evil weed. They are hardy and tough, but a number of things can go wrong when you try to grow them inside (like most weed is grown).
We have seen in the past news in the 10Q like the montana pain mg.
I'm not sure when the 10Q/A is due....I know that it has been more than 3 months since the last 10Q.
This is the pivit point for need of volume to turn it up or down. CBIS back to low volume.
I know it's hard to read every post, especially from a while back. But the history of being late is part of the prize. Last year in April the company traded as CBISE for being late.
It's coming, just wait and see.
Ha, you've never grown weed. LOL
Hopefully one day it will be like some European countries were growing a couple of plants in the back yard will not be a security concern. Like growing tomatoes.
That's true. Buy the dips.
Was thinking there might be a retrace since the we all now know the news may take a while, always has.
Looks like we will be in the 7's by eod
Go CBIS !!!
I think we will see our news next week for sure. LOL
looks like it'll paint .068 at the bell, at least some token shares to make that graph look bad.
Does any one know when the finances are released ??
"Soon" and "a few days" always sounds like weeks around here.
Thanks for the list of cancer citations. I copied the list and submitted them to the Oregon House Judicary Committee on a medical marijuana bill at a hearing that I testified to last Wednesday.
The truth, evidence, and facts are all on our side. The slippery slope is running full stream, watch out DEA, NIDA, Congress and the rest. Regulated legalization, like alcohol, is inevitable.
Apparently they now report on "ShortExemptVolume"
ShortExemptVolume=0
Those dates are wrong, I joined ihub in
Yesterday's daily chart showed decreasing highs from start to finish. Seen 1,205,864 buys, 2,863,093 sells, and 60,446:? .
MM's may paint 1000 shares at .072 at the bell to continue with the bear trend. Follow thier game to make money.
On the uptrend there was resistance at .06 -- so it could be support today!!!
Does anyone know when the financials come out ?
Could that be the next PR ?
20110228|CBIS|1240443|0|4129402
When does this happen?
I've got a copy that's been compiled into one doc, but its too large for one post. There are over 600 citations.
Look for SmokinJoe as it was his post. If I see em tomorrow I'll forward them.
Your message has been attack sucessfully.
JMO23 says:
That dd would be on schtiky, eh ??
Thanx for the link drummer. I've also read a simular story a few days ago. Still doesn't make sense.
For the prohibition community, thc is the cannabiniod that gives us feeling of "high" .... now proposed to schedule III ??
Which we are to conclude.... that the remaining cannabiniods are drugs of abuse, not medicine, or unsafe ?? That's absurd. Those cannabiniods contain more effective medicine than thc and would not be substances of abuse because of no "high" feeling.
Up is down and down is up, if you really believe it.