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Where did you find this?
The opposite was true for a while. It's nothing noteworthy for now.
I don't know if you can respond or not...but has your mind changed on the significance of the ind #. From what I remember the last thing you said is that the ind # was fluff since they should have received it immediately after filing. Since then, I've seen some people declaring that ind #'s are in fact NOT immediately provided after filing.
I'd appreciate your input. Thanks.
I had no monies to buy today.
Imma go cry now brb
This is why you don't sell on the dips.
Eh, I may be wrong. It's just a suspicion that I have, and this board needs more reasonable caution.
It's in the hands of 17 year old drug dealers who, typically, don't report their sales.
Come on now, you know we're talking about "legal" mmj companies.
Interesting.
Can you name me some specific companies, and provide links to support this...
I strongly disagree with you about the Republicans. Don't underestimate their hypocrisy. Also there will be some opposition from Democrats. From a 2012 CBS poll...
The problem is that because it's so obvious what Holder will say, the pps has already accounted for it. IMO this won't explode like some of you are predicting. Rather, it'll give the industry a small or moderate bump. It wont do anything else because nobody is actually afraid of the feds overriding the states in this situation.
Beyond that, the industry will need state action in order to progress. Nothing the feds say will matter because there's no way in hell marijuana laws are getting through congress, and everybody knows that. In other words, the federal government is powerless. It's all up to the states.
While I agree with your sentiment, I'd love to know where you're pulling those percentages from.
Thanks for the information.
Where do you find this information?
Check where entb's price was last time bmsn was this low. You always have to think of entb with regard to bmsn. The lack of selling is great news. IMO much more telling than the lack of buying. Buying volume will appear when bmsn runs.
BMSN got uplisted from the pink sheets. This should be a good day.
Absolutely true.
3.47 impact factor
My completely uninformed guess is that the application was put on hold, and that the company isn't required to PR that. What this PR proves is that the application was real and that the company is making an effort to fix it.
Again, totally uninformed. If you can find out for a fact if they need to PR if it was put on hold, that'd be great.
If I'm right, then I consider this to be good news. My main concern has always been that the IND app was either non-existent or half-assed.
Calm down. BMSN isn't running yet either. They'll both run later this week. News like this never affects the pps immediately.
No, you're just making shit up.
Twitter pages never have "/news" in their web address.
1. Flippers buy a lot of shares at a time. Most people aren't long in penny stocks.
2. The lack of news is discouraging, and I certainly wouldn't risk too much money here, but it's hardly a guarantee that the IND was rejected. Some pennies just suck at releasing timely PRs.
This is still a decent play from a risk/ reward perspective.
Riding free shares is always the smart thing to do. However, as far as speculative plays go, this is still the best one that I know of.
Just to add to what some others have said...
There's massive selling because the price just increased by over 300% in less than a week. People are gonna take profits, and when that's done the price will inch upwards. The chart suggests that today was probably* the last red day.
If you're concerned about dilution, remember: It would be absolutely shocking if the price DIDN'T crash on huge volume after such a rapid spike.
*Well, I'm not sure. It could dip a bit further, but I'm guessing it wont because support at 8 looked strong on L2. Regardless, I'm confident this will be trading at/above .001 within a week.
I'm really curious to see how this stock will behave if there's no news. I doubt it will go sub penny again, but will it continue to increase?
Google "Bid and ask"
It should clear everything up.
Possibly but maybe not. It depends on what the other pot stocks do. It very very likely won't go below 6.
Again, if you're investing in marijuana companies for the long run, then this industry-wide downturn means nothing. If you're flipping, then the dip is a good thing.
Ya'll are being ridiculous.
It's probably been pointed out already, but this is an industry wide dip. Go ahead and compare ERBB to the other pot stocks. Most of them are following the same general pattern as ERBB.
In other words, unless you think the marijuana industry will never exist, ERBB's long terms outlook should remain unaffected by this dip.
I don't even expect news today. This just proves how many people are still bullish on the company.
It also proves the power of charts. Technical trader 4 lyfe...yo
This stock moves so easily. I'm giddy thinking about what could happen if/when some volume arrives.
Needs bid support. Certainly nice to see though.
Yup, one is never more than 5 minutes away from following the other's move.
Question: Can we confirm that there was an IND application filed for hemaxellerate? I seem to recall someone posting a link to the fda website where hemaxellerate was listed. I've looked all over the fda site and I can't find anything like that right now.
Let's stop making baseless predictions about news, ok? The stock will be fine with or without it. This hype is scaring me a lot more than any selloff ever did.
The lack of ask slapping is a bit annoying, but honestly it's your loss if you don't buy now. The price will soar soon enough as more people hear about the news. It's pretty much a guarantee.
Similarly, notice how the pumpers are MIA on red days? People are emotional. And that's good. It's how we make money in the market.
But anyway, to keep this post on topic: Woo! News! Can someone more knowledgeable than me explain the significance? or lack of?
Normally I'd be suspicious of one guy talking to himself.
Buut I actually agree with ya here. The chart clearly indicated that selling would die off in the low 4's. There could be a surge anytime today. If not, no problem, so long as this doesn't go deep into the 3's.
Took a deeper look at the files, definitely some good information that I missed. Seven cents still feels like robbery but at least I know how they got the number.
Anyway, thanks for the information. I'll still be making a profit so I can't complain too much. I hoped there would be some truth to yahoo's rumors about them having no intention to go through with it. I won't take that risk tho.
Just out of curiosity, do you think this would be a solid long term investment for someone with >5000 shares? It looks like business is good (+ working with all these big banks) and their management is competent. Plus, the housing market has nowhere to go but up.
..I don't mean to bother you lol. You can ignore this if you feel like it.
Thanks for the reply.
I'm fairly new to everything, and this company's situation is pretty unique from what I've seen so far.
Mainly, I'd like to know if it's really legal for them to pay shareholders .07 per share when the current share price (and book value) is well above that.
Also, why is the price continuing to increase if the shares are "valued at .07"?
Is the r/s and privatization guaranteed or could this all be a ruse?
And for the important part: I have less than 5000 shares and it's really not in my budget to increase to 5000. Should I sell now?
Thanks in advance!
I'm surprised there isn't any attention here. Anybody want to share thoughts?
I was going to use that exact phrase until I realized that a mirror image would mean one of these companies is in a massive downtrend.
Words are dumb.
I think people need to stop obsessing over every price change and look at the chart instead.
Our support is at .007-.0075. It sucks that we crashed so hard, but if you look at the chart the uptrend is still intact so long as we dont dip below 7's or high 6's. Volume is still healthy. There is still plenty of money to be made here , and NOW is the time to buy...
buying near 2 cents was stupid though. Listen to the charts and ignore your gut if you want to make money.
EXACT same thing happened to ERBB a few days ago. It leveled out around .01. It'll be interesting to see if BMSN does the same.