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20110414|CBIS|190337|0|616543
Yes, this stock is trading on future success. The chief complaint in scientific circles is that cannabis, in raw form, lacks standardization. CBIS's ability to provide a standardized blend of whole cannabis, in a patented delivery method, targeting specific diseases could be worth hundreds of millions of dollars.
Okay, so that's the principle reason there are many longs. Not just a hope dream, but a real cure or easement for hard to treat diseases. The longs take the ups and the downs, while some flip for more shares.
That interesting. Of course, marijuana produces oxygen by photosynthesis. Prohibition is what causes indoor growing of cannabis.
Thanks for the info. That's about the best (or most honest) description of a PR call made on this board.
:)
You are so right !!!
Over 50,000 industrial uses, it still makes the best paper, rope, clothe, fiber, and even building materials with an amazing R value.
What is so wrong with cannabis science (not CBIS) is that they want to isolate various parts of the medicine. Most of the early cancer and scientific studies were done with just THC. Now they see the error in their ways .... and now want to add CBD's. They also have their eye on eliminating THC in future medicines to eliminate the psychoactive effects.
“The doctor of the future will no longer treat the human frame with drugs, but rather will cure and prevent disease with nutrition.” -Thomas Edison
Actually, they are lying through their teeth. They lie because they want to distance themselves from the "war on marijuana" and they want to protect their future profits.
It most certainly does add respectability to MMJ. Its probably safe to say that for MANY individuals, it is cheaper to grow your own, you can still get good medicine that is specific to one's own condition. They lie because they need to.
This is the main goal of CBIS, to standardize strains for certain conditions. All standardized cannabis is, is blended strain or strains to make a uniform formula.
What they still don't get.....and what makes CBIS stand out....is the WHOLE plant is used as medicine, not just parts of it. GW still errs in that direction.
Oh, okay, this is old news, just done up on an 8-k.
Yeah, wasn't sure of sharing when it seems other don't.
Cannabis-based drug gets green light worldwide
NEW SCIENTIST
20110412|CBIS|307332|0|1174175
Still, a fair amount of shorting on a down day.
There was some major news today in the pharmaceutical cannabis industry. Seen it coming too. and posted alerts.
New 8-k out. I think it terminates an agreement with SAGA Italy.(8 - K)
How would you interpret this one ???
What are you blind or stupid ????
7's held as support for weeks.
There is huge support at .06 that may hold for weeks at this rate and volume of selling.
Weren't you telling us there would be massive selling if it goes into the sixes. I don't see it ?
I've got some more orders at 6, should it come down that low.
Pass the pipe man, that must be good stuff.
Well you know its gonna be soon. Here in Oregon we have started a petition to tax and regulate. Its called "Oregon Cannabis Tax Act" because polling shows voters support taxing what they see as a sin tax.
It is modeled after the beer and wine industry, and is a constitutional change. Paul Stanford, who is proposing the initiative, has been trying since 1984 to pass some sort of legalization. He has a very good chance this time.
Spineless politicians are too scared to do it, so it must come from citizen initiative.
As a lawyer recently pointed out to me and others, being in violation of federal law is still acts of criminal disobedience. In Washington, a bunch of dispensaries were raided recently.
20110407|CBIS|283005|0|2358736
Low short day ... guess they didn't need to.
I was wrong about it roaring back today. The trading frenzy did not carry over to the morning.
I'd wager it will end green tomorrow. My guess is .074.
LOL, that was the table top model .... did you see the industrial model. I'm thinking Bob and Rich need the big one.
I believe Mr. Simpson said that he gets like two ounces oil out of one pound of bud. Rick has been giving it away to help others.
Unless you had an extractor like this one.check it out
When they announce news of the patent, pps will be in the stratosphere.
I agree. 420%
IMO, they do not need FDA approval for any product that does not claim to be of medical benefit. It is the CSA that places restrictions on the possession and use.
I am not too familiar with DMSO or it was something like that. It was not FDA approved but you were able to purchase it on the net.
Yeah, but the BIG money is when you can make medical claims.
FDA approval may not be far off. Before then you will see a rescheduling.
Rescheduling will likely happen this year. In fact, natural THC has already been rescheduled this year, as long as it mirrors the synthetic THC.
The FDA is going to be forced to make some changes....not by scientific review but by political rule.
It is possible that before FDA allows sanctioned clinical trials, CBIS gets bought before out then. Companies like Sanofi-Aventis are looking for exactly what CBIS is offering. Sanofi-Aventis even has video on youtube describing the wonders of the endocannabiniod systems and looking for generic drug to fill out there profile of products.
That's interesting. Can only speculate...which does not help here.
I do know they need cash. A plane ticket to Australia is needed amongst other pressing issues.
I am not follow the reference to 3/3/11.
Hey Newmedman.
Here is the video about the holy anointing oil. First video produced so it looks amateurish.The Anointing One
3/4 million bucks traded here today, and you think the sellers have more shares to unload.
10 mill shares by 10am -- I wish -- that would mean 12 - 15 cents tomorrow is possible.
Over 3/4 of a million $$$ was traded today on CBIS.
If anybody wanted out and didn't care about price, there it is.
Well, I just guessing it was the company. I believe they have two facilities. Lots of sq. ft. to pay for.
That's a good analysis.
The bounce back in the last four minutes shows strong buying pressure may continue, especially, if selling pressure abates.
The short term trend has been moving upward recently, I would have pegged this closing near 8, if all the price action did not occur. IMO, it will come back up to 8 within the half hour tomorrow.
If it was the company selling today for cash, they did a good job without affect pps that much (counting on the rebound) ... so if it was them selling, congratulations on them for getting it done with hurting existing investors that much !!!
20110406|CBIS|1676481|0|10923727
I liked today's action, and I wouldn't panic about it. Some here have been watching what looked like a trend up over the next week or two because of the accumulation of stock.
There are just too many high priced shares in this game. Most of them might average down to position themselves for a small short term exit on gain, or some may look for a smaller long term gain by selling portions on the way up. Many possibilities exist.
The price action today looked like the company needed to pay some bills, rent, utilities, wages, purchase, etc. They don't have all the time in the world, so they could of sold what shares they needed to fast.
I hardly ever believe what I see posted on this board unless I know it comes from a person who seems to have it together (the serious weed tokers, lol). I don't know if I believe that bhapa took a sold off because he wanted to teach CBIS investors a lesson. If he did well than that is history and it will soon be forgotten. He doesn't seem to be a person who has ever blazed one.
All in all, today's price action could strengthen the core price. The way I look at it, if it was higher price shares that sold off that could mean less resistance on good news. If it was lower price shares that sold off, then we could see more support in the short term because the new holders are less likely to sell on lower gains.
I'm banking on some serious climb tomorrow and want more of these lower ones before that happens.
JMHO.
If he was the one selling, he did not put a dent in CBIS other than a small temporary drop. He didn't hurt the ones who bought low, but higher price shares are a concern.
"honest investor" boy that smells to high heaven.
I was away this afternoon, so it looks like I'll be buying more in the am.
This temporary price drop is what I've been hoping for. I hope I don't have to do much chasing in the am.
GLTY
That looks like purposeful small sells to bring pps down.
Probably shorters. Not sure if you noticed, they aren't winning much. Today's chart show small upward trend. IMO, it should close at yesterday's close, if the numbers don't come out before the bell.
Looking at LII it could reach .1 if the numbers arrive before the bell.
Well, it has already the new trading range -- 26 to 30.
News may hit soon, eh?
Yeah, I agree. I was watching the sales in the morning, it sure seemed like heavy selling into the sales almost the minute the volume came in.
As fast as it rose it fell to previous days levels. Not that all stocks trade the same, it just seem selling outpaced buying by a large margin. There were some low ball sales in there also.
Okay, somewhere in the neighborhood of 92,000 $$ traded yesterday. Patent news is usually pretty good news, wtf. I too was expecting testing 0045 or even low 005s.
Just musing, but the way it sank today this will be trading at .0024 - .0026 soon.
This hits home. That's almost half value.
Okay, I do understand others retort -- that it doesn't mean squat in the long run, still, just saying the selling was a little too early and too vigorous.
Does anyone know how much money the company made today in stock sales ?
Good to see you back.
Did you notice that there were more than 20 million shares traded in the last 9 days ?
AND ... there are many more shares than that traded above .08 !!!!
Momentum, momo, and interest are trending up !!!
20, 50, 200 day convergence approaching ... breakout possible.
Numbers out in a day or two !!!
Seems to me we could be at .09 to .1 at end of week. With possible killer new soon!!