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Sell now. News search "CBIS" and you'll see that this is short term pump and dump.
Ok, thanks man. I won't invest in this one.
What is RS? I'm a noob. Don't know if I want to buy in at .0001 or not.
UBSS singlehandly wrecked the upward momentum of this stock. They've probably flip 4-5M volume today alone.
Looks like flippers are playing with fractions of pennies. Quit it already so that we can see some growth!
Just cancelled all my sell orders. Gonna watch this baby go!
Just saw your 300k order go through. lol! nice.
WSJ marketwire news from Jan 23rd, in case anyone missed this:
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Get in before it's too late! Huge buys coming in! I'm sitting at 0.038.
MASSIVE BUYS COMING IN!
What news??
Some people are just messy with their writing. It's common to see this with professors. The CEO is a professor, or was one, btw.
300M++ volume @ .0003 in the last two days... so why isn't the price going up to .0004 or .0005??
News of tumours healing from yesterday are amazing. In case anyone missed it, check it out there:
http://cannabisscience.com/download/patientthree_jan232012_update1.pdf
The page shows that the tumours are dying. Definitely very promising news!
Yeah... all the big sales were done at opening. Hoping for overall gain today.
300,000 shares bought in the last 10min compared to about 90,000 sold. It's already bull. GO CBIS!
Yeah, but it's pretty low right now and lots of people made money. I think all the people that were holding out for this to go below .04 is going to start buying. My guess is that it will peak around .05 today.
I'm a complete noob and yes, I took notes. I sold my shares and now just bought again at .038. I feel horrible for the people that bought at .05 to .07. Stock should go back up again soon. This is the lowest it's been in 2-3 weeks. We should see a bullish rally soon!
I've been reading on this man. Explain why it's false. I've been burning through their news articles.
Just to be clear, my intention with my comments is not to drag the price down. I thoroughly believe this stock is undervalued based on what they can do. One day, this stock will skyrocket. Whether that happens this month or later in the year is beyond me. I would not be surprised to see this above $1 next year.
Alright guys... interesting thread. I'm a noob to all of this, but just want to state what I see:
1) This company only has two employees, CEO & CFO.
2) There are no scientists or pharmacists working here.
3) There is no revenue.
4) FDA has not approved any medicine made by this company.
5) This company states that they are in the "developmental" stages... meaning that it's only doing R&D (by it's sole CEO and no other scientists).
6) The $6M+ revenue expected this year is only based IF the FDA accepts the medications.
7) This is not the only company that has a "cure" for cancer. A press release just came out last week on the University of Calgary 's cure for cancer and how no news agency was picking it up because the big pharmas can't make any money on the cure... since it has no side effects (to treat with using additional medication).
8) There are many cures for cancer. There is a clinic in Japan that uses alternative therapy to cure cancer. Forget what that clinic is called.
This company is not special in the sense that they found a cure. Cures exist. But pharmas decide not to produce them because there is no money in it. It's very sad. I've had a lot of family members pass away from cancer, particularly in my wife's family.
I'm not bashing this stock. If they can do what they can do, then it's big. However, as of yet, they are still in the very early stages of research. A company like this could be in the "developmental" stage for 10 years. My mom worked for a startup pharma... it took them over 10 years just to get funding and they are still not in production mode yet.
I'm taking this stock with a grain of salt, so to speak. It is what is is... a chance to make money in the short term (next few weeks).
The site seems to be down right now.
Look at all the buy orders that just came in!