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Hoping for news to bring it up.....and maybe some momentum upward.
I'm also hoping to find a shareholder letter in the mail this week, or on Monday.
Thursday was an ugly trading day for CBIS, IMO.
At one point in the morning there was 6 MM's lined up at .05, now only one remains at the close.
A little more than 10% of trading was done at the ask --- and roughly 90% at the bid. OUCH!!!
I can only speculate that management needed to pay some bills today. Hopefully, they have good news for us on Friday.
WP, do you think we can get a sticky for the new CBIS documentary trailer ?? I like watching it !!!
Hope your "high" and dry in Ausieland.
Indeed, L2 shows MM's are 6 deep at .05 --- even the MM's think it's low.
If I'm not mistaken, in California as well as most other states, you lose your job if you tell your employer. Arizona and Rhode Island seem to be the only states that offers some legal protections.
I live in Oregon. We failed to pass the dispensary law. Seems, like in California, a lot MMJ patients opposed the change.
In Oregon, we are allowed 24 ozs, six mature plants, and 24 starts.
Yeah, I hear ya.
Because the DRUG WAR is so massive, there are literally millions of WAR horror stories.
I can tell you I lost $240,000 in pension benefits for smoking weed at home, not to mention lost wages. The company did not care that I had a MMJ card. Both doctors that consulted with my MMJ use have lost their license, and one dr. is doing a five year stint for growing a modest garden.
This is one of the main reasons our country is in such bad shape, we need sanity, not war. WE NEED CBIS TO WIN!!!
BTW, I still get my pension because of my almost 25 years on the job, just have to wait an extra 13 years to collect it.
Sounds like the military needs a don't ask, dont tell policy when it comes to weed.... that is .... until a more sane approach is available.
Thank you for the update Gomez !!
We are going to need some news of the divy to go higher.
This divy thing gots me frustrated. Originally pr'd back in September. CBIS must follow through so we can fund FDA submissions, sooner rather than later.
Gap up again today.
L2 looks really bullish this morning.
WoW ... company needs some money this morning.
Just a small amount.... 20k+ @ .12 (been in and out # of times, but this is averaged.)
L2 already shows gap up to .06 on Monday.
The price is relatively weak, so if the bulls rush we could start an upward trend going. Conversely, if the bears rush in we will see the low 5's or high 4's.
The only reason to see the bears would be if there were dilution or service payments --- otherwise it's sideways action until news.
I see a run up today for investors wanting in. We should gap up to at least .06 or .064 and if the bulls come in that resistance will fall easy. IMO, the price movements of late were all on low volume and the bulls could change that. .07 / .072 will be the next resistance and that too will fall with bullish volume.
The MACD and PPO are both on a positive trend.
The 7 Day Average Directional Indicator shows "buy".
WARNING: tempest ahead !!!
I meant to say your broker. That would have been easier. In the end they will be released to the brokers and they will distribute them to our accounts. As well as forwarding stocks and dividends traded before the ex-date.
IMO, TA = transfer agent
Your dividend will be given to the TA.
I think the company plans to mail us some information, from tomorrows list.
How about in two months, after the stock price has settled from the divy and other things, that class "A" trades at 1.75 and class "B" trades at .0583. <--- that being a new low for 2011.
Warrants are going to look pretty sweet.
Just don't call me late for dinner! LOL
"ticker bell"
FDA plays can be rewarding. Especially when they make submissions or advancements in the FDA process. IMO, the company could have plans on using that news to bouy the new class of shares as well as using the Berkshire structure of 30:1 to entice investors.
One company last Thursday bounced on news that it had submitted additional data to the FDA from three different studies for its experimental testosterone deficiency drug.
Say Wp, could we get a sticky on the new CBIS trailer ??!!
20101230|CBIS|218618|1134342|O
IMO, we should see a PR before the bell.
For me, getting paid is always good news. Certainly, Christopher must be doing a good job for CBIS and getting lots accomplished.
Whoa!!! I had to smoke one just to get calm again. LOL.
The 1:10 deal, for some on this board, seems like too good of a deal. Sure the company should have done better on this; part of the problem was the fact that they tried to update us too many times .... since September ...
Most investors want facts and time lines rather than possibilities or generalities.
Thats good news for the company. Christopher is the Lab Director for CBIS. We might see some temporary selling pressure from this.
A search on EDGAR did not locate any such document.
Vert parked on the .06 all day long and did not budge.
Buy the dip!!! CBIS showing support at .052
20101229|CBIS|366625|791772 -- 46.3%
20101228|CBIS|362930|689113 -- 52.7%
20101227|CBIS|247521|570002 -- 43.4%
Shorts have been busy this week. Looks like a pivot point ....
Chart showing the 10 day middle finger.
Hope there is no bad news on the horizon !!!!
Ok, but that would put the cart before the horse; they need the record of shareholders for the mailing list.
You would have to make an "after hours" trade with your broker to print that one out, otherwise your bid should be there at the bell.
IMO, the company will mail to the "shareholders of record" a letter announcing the creation of the new class of shares.
FINRA has not yet announced a "ex-date" or "ex-dividend date" yet.
When they do, every one will know from the PR announcement.
Again, you do not need settled accounts in order to be a shareholder. You do not need to hold the stock 1 day, 2 days, 3 days, or even 90 days to be a holder of record on the 31st.
Believe me, it is as simple as it sounds. You only need one share in your account at the close of the 31st to be a "CBIS Shareholder".
Investopedia explains Record Date:
You only need one share to be a shareholder. You can also buy the share at the close of business on Friday to be a shareholder on record.
Where I trade, the second the purchase is made it shows up in the account --- its not like I don't keep the profits or losses just because I can claim the shares haven't settled yet. Hahaha!!!