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Market "evidently completely" has no confidence in CBIS.
If this treatment were being taken seriously would it till be under a nickel? No. Investors would step in.
And volume is relatively low.
People new to pennies don't always know that. I am glad to see so may here agree and its good for others to see that perspective.
Accumulation is currently lower than prior to the run (daily chart). Thats from profit takers. This this is gonna crash with out news.
Exactly.
CBIS is now a gamble. If you look at the pr's and the corresponding pps you might expect the price to be up. The market does not trust the current news and is waiting for scientific results. So to buy now is to assume good news is on the way but it is safe to assume the big boys are not dropping any coin here yet.
The company really looks like they are pumping based on those 3 pr's that report the same results.
Sold on the 20th because I did not like the price action. The pps has not recovered to those levels and without a pr why would we expect it to do so? I am happy to let others know this has emerged as a P&D. If it does not get the expected fluff pr in the next few days I will disappear as the pps declines, otherwise I might play the pr bounce.
CBIS in the RED. My first post was the day after I bot in (16th@0.035)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70982262
Anybody buying today is gambling. The market does not trust the news and without a substantive pr this will tank.
If I were in above the current pps I would be scared.
Thanks for buying my shares at 0.055! I owe you one!
I sold after that initial runup topped off (I got out at 0.055 on the 20th when the sell signal came). I waited to see if biopsy results were really coming to maybe jump back in. Instead they pumped out two more pr's about the same results and then the divy pr( a divy, with what money?). If there is more good fluff I might re-enter. Otherwise watching from the sideline. I don't roll the dice with pennys. There is no buy signal on this chart and it is down 5% today. Profit takers handing off the bag imo.
Attention from IHUB is not serious. Attention from serious investors would drive the price up. Right now the shares bought in the runup are changing hands between the current profit takers and the next bagholders.
Even if it is real the pps will be up and down for a long time before it hits 0.0001. SO I understand quite well whats going on here. Funny how you agree that the barriers are there and then come after me and others for pointing them out.
The difference is one is legal and one is not.
Obviously the only people taking CBIS seriously are a few folks here on IHUB. Some desperate to get the pps up to their entrys, others naive to penny plays. Current share price does not reflect content of pr's if that content were taken seriously by serious traders and investors.
Right. When I had a biopsy for melanoma 10 years ago the results were back in three days. Hard to believe they do not have the results back.
Show us the data. Institutional buying of stocks under a buck? I don't think so. Too risky. That is misleading.
Agreed. The lack of knowledge can be shocking. Institutions buying a penny stock company. Funny.
"refuted by well known longs". LOL. This snake oil is a topical application not oral! "Well known longs", you are killing me! ATTN CBIS board followers: This (me) not well known not long has palyed a ton of biotechs. I recommend that you look at the pr's from 2012 and seriously consider the current pps. Consider last week in particular. Ask yourself why the pps remained virtually unchanged in that week? Is your money really safe there until this drugs efficacy is determined?
Federal senators? Well they can't change a law for their state they work for the Federal government. Even with dems in control of the senate it would never change federally. Where do you come up with this stuff? The "law of averages" thing just cracks me up. WTF are you even saying? I think you might have gotten some of that cream on your tongue cuz you are tripping.
Yeah bc the FDA is very tolerant of magic snake oils being sold n the black market. lol. Screw the FDA, thats funny.
Not that we know if this is snake oil yet but I gotta feeling based on price action it is. If big pharma was interested we would already see it. I was in Vanda when it happened a few years back and there were never repetitive pr's reporting the same results AND they had done clinical trials. If this gets to clinical trials thats another story. Its also years away.
It is 6 month minimum until the approval PROCESS starts. At that point the FDA will get with CBIS and determine sample sizes and trial guidelines. I know it seems exciting but there is a process to everything.
Sue did you see what happened when CBIS released a rash of pr's (6 since the 24th) that were "big news"? The pps is actually just under what is was on the 24th now. There is no one taking this seriously in the industry. They need clinical trails and data.
That will have to wait until FDA trials are complete. Few years out yet.
Stories being rehashed is a theme around here. CBIS pr's being the most recent. Not sure they can milk those pr's any further though.
Prove it, pls.
Like last week? I have been hurt by pennys too but don't try to reel in more victims to bail you out.Its over this week.
SEC really does not chase pinks even if they should. Though stinky pinks are what they are. I hate to see people lose money.
Your interpretation of volume bars is just plain wrong. "More buying than selling".. lol. Try red close vs green close. You see it as a buy day vs a sell day but its not. Accum declining last two sessions. Look again.
If you want to look at buys vs sells you have to go look at the data. Good luck.
ENTB 4.25 HOD one year ago today.
LCK, Those pr's don't throw up any red flags for you? Plus why would CBIS announce the FDA fast track decision before biopsy results? Positive biopsy results then the fast track decision in that order would have made more sense logically and to increase pps.
Not if, WHEN.
Show us any evidence of policy change.I am sure you can't.
I love weed.
Obama and weed. Their policy has not changed. End of story.
http://www.csmonitor.com/Commentary/the-monitors-view/2011/1012/Fed-crackdown-on-California-medical-marijuana-Does-Obama-mean-it
'I got a letter from the whitehouse...' hahahahahahahahahahahahahahahahaahhahah, right.
What is a "dated material pal" anyway?
My bad. Yes, that one from March 2011. They really jumped the gun on announcing that 10 dog study.
http://finance.yahoo.com/q/h?s=ENTB.PK&t=2012-01-18T13:04:16-05:00
I looked here and that pr is absent. Thought it had been more than a year but it has been just about.
OK. It is implicit in that post based on your previous suggestions.
You need to look at that chart. There is no support at .040. If there were any it would be above that level a bit. The pump is nearly done.
What you are seeing is people who got in at current levels trying to get out. Thats why the pps stays here. It may sustain for bit but the last hour we will see it sell off, imo.
By 3%. I bet it closes red. Its obvious no one is taking this seriously except gamblers. I checked out at 0.055 a week ago tues before I saw the sell signal. The flurry of pr's kept it afloat in the meantime. A 100% gain is great. Better take it well you can junior.
You better hope for some juicy fluff eod.
Sorry if you are in a t a higher pps. I hate when that happens.
That is good advice, sir. I would add that if you do your DD and it stinks make sure you stick to chart formations.
So what? This link only shows that exemption. It does not provide proof of anything occurring with ENTB.
Sadly appears some folks bought the news based on the short run. Clearly the market is not taking the fluff seriously.