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What’s the point of doing an IPO and then immediately doing a cyber security review? Seems like incredibly horrible timing. Or maybe better yet, was it planned this way the entire time? Has anybody much smarter then me gave any critical thinking to this at all? Only thing I can think of as to why this news would come out right after the IPO is if people were ready to short this into the volume.
Looks like there’s a gap to fill around .29 might be a good time to get in or add more imo
I understand what your saying and you could be right. But I’m not sure how you can compare the two stocks. All it takes is a bad press release on a QB penny stock and it can kill any chance it has to run. This is a NASDAQ stock with 55% institutional holding. That’s over 50%, that’s pretty legit. I doubt that company is scamming their books, but crazier things have happened. CVSI has ZERO institutional holdings.
I’m gonna be watching all those short shares that are about to expire and be ready to jump in if all goes that way. It’s an interesting situation for sure
I read that Prescience wrote a false story about Kellogg in 2018 to help sell all the shares they were short and got burned.
They are open about being short shares here. I wonder if the same thing is about to happen? I will certainly be watching closely and doing more dd tonight
1st support line is at $37
Now that’s the kinda candlestick that changes the sentiment of the chart!! Higher lows and higher highs here we come!!
It’s a world in progress. We’re at big resistance here. Charts starting to look better. If we push past it, roughly $5 and $6 levels of resistance are upcoming
I just set a sell order for all my shares at 7.50 as well.
Great idea! I forget to do that a lot
Well, what a discount at today’s price.
I will be no brainer adding more at the bell here.
Imo
Chart currently looking good imo. I’m adding at this support level here with the bull setup.
No brainer here, and imo if we don’t run up on this bullish setup, we will soon.
I was under the understanding that the closer to 10/17 we approached the higher chance the mmj selloff will begin. Its the opposite of the first mmj rush the day Colorado went legal. Most of these mmj stocks were already overvalued before the mid August run began. I think savy investors are taking profits at a temporary top that might not be breached for some medium term amount of time.
But going completely against the mmj sector were the only 2 mmj stocks I’m holding. Canb and SIP# ...so maybe a run here is coming soon. If it does, could go parabolic
Yes very well said. Mining stocks have been decimated and the physical too. The manipulation in the paper markets has been so bad for so long these prices are a gift. Typically when the markets go through big downswings pms fall as well before they make their big gains. But the end of last week showed that pms will almost likely not follow historical trends this time around. Don’t wait too long to get in these will run very fast the first day.
This is imo
I dare you to short it and post a picture of your short purchase. I would love to watch this! Not a chance you do
Sounds like my dumps.
I just reupped and averaged down. Great spot here. Major reversal in gold appeared late last week.
Yes indeed. Excellent setup. This looks like it is going to explode sonnernrather then later. Same as another jm company I own. The right plays in this sector look like they are primed to run after the fed reversing policy away from QE to QT. That and the end of last week reversed the outlook on gold and silver to follow in its wake.
The upside here is tremendous. I’ll be adding a nice amount at the open this morning. Good luck my friend! I have a feeling there will be a lot more people chatting here soon
Imo only
If somebody is up to something with the $20 dollar trade to paint us down to .0001 what is your opinion as to what is up with the $10 paint job to paint us up to .0002, and then not another trade is made for the rest of the day? Just curious of your thoughts?
Your entitled to your opinion. But please give some factual reasoning.
Otherwise why post? Looking for starter shares here and would like to know why you say this. Just starting my dd here since the chart has flipped bullish. Thanks!
This company isn’t going to put out news just to put news out. This is no p&d play imo. I would never hold long a company that keeps putting out fluff just to sell shares and appease the impatient. Love management here. Keep up the good work. Looking forward to news when the time is right
I think the company has been very transparent. The educated shareholders here understand exactly what’s going on. Anybody that doesn’t feel that way should Read back through the last couple months worth of material here if your missing something. If that’s not enough give them a call. They are very friendly. Website and twitter is top notch for a triple zero company. Come end of December we will smile at the dog days of summer we were all wading in
I think your right. I am going to sell all of my shares this morning and then wait for the huge drop you think will happen. I’ll be watching for re-entry around 3 pennies. Hope CANB doesn’t continue upwards before it first drops 70% in value..
I agree with you boil. Imo definitely going to tank. Thanks for your well described insight. Based off your opinion I can’t imagine CANB going anywhere but down. Looks like pry a huge red week and maybe months to come? Maybe re-nter around a penny for a huge bounce play? What’s your opinion here?
A most excellent chart. Slow accumulation over the last month. Tiny float. Great share structure. Enormous insider ownership..MEANS EXCELLENT MANAGEMENT! Making money. Excellent standing on otc market. Next to no dilution. This train is going to keep on chugging up this green mountain. Exciting times my friends
Oh your going to be that fickle person huh? Ok. It’s obvious what it means when in context. My phone loves to autocorrect my words into words I’m not trying to type. But thanks guy, now back to the show.
This stick just added to the marijuana index. All the Canadian stocks have started running the last week. Might be the start of the run this year. I got my lottery ticket here for the season. Pretty much impossible to find a trip zero play in this industry. Reward far outweighs the risk imo. Good luck to everybody here. This could get very exciting here!
Chart is setup nicely for a reversal as soon as gold reverses. Nice play coming up here
Let the castration continue/begin?
Buying a stock based off of just this analysis is a horrible and longterm losing strategy. Your crazy for trying to get others to join you in your dart throwing strategy too.
Best of luck to ya buddy!!
Yes I have no choice but to hold and hope for the best. When you’re down 84% on a stock in a sector like this you have no choice but to hold on for a huge breakthrough. It could happen. I just have a hard time believing it will happen knowing that the markets are going to be severely castrated in the near-term future.
What a POS. I bought this thing over two years ago and I’m down well over 80%. And Friday this Turd nugget drops another 13%. What a joke
I bought this thing because the billionaire investor has such a great track record and everything seemed to check out. Course I jump on board like literally his only loser pick of an investment.
May as well keep what I have left and ride this M-efer all the way down to the dark deep depths of stinky penny land. Maybe we’ll get lucky and be able to latch on to a rocket shooting straight back up to the surface.
Question is, should I hold my breath or not? Cause it wreaks like poop down at these depths :/
I have to agree with you. Only thing that will move this is news.
I was sitting on shares for year and a half and out of nowhere this thing rose from the dead from .0001. Crazy part is the stock trades so organically it has the prospects of taking off but management hasn’t taken the necessary steps to help the shareholders and the share price. They should’ve dropped a PR a week or two ago, minimum. Since they have not that scares me. That’s a big reason why I sold my shares on Friday.
But if a PR actually does drop, the longs here have a good chance of being rewarded nicely! Its starting to look like a big fat capital IF though :/
Same! Pry higher then that. Might be awhile, or might be this year lol
This is my last post for the day I have free account. Have a good weekend go SHMN!
Just to mention a couple indicators I don’t want to list them all. If you look at the 10 year chart silver is finishing up upside down head and shoulders pattern. Also if you look at the last weeks COT reports large speculators went short silver for the first time in almost 15 years. That’s a very bullish indicator that commercial is going to cover their short positions and let silver go. $17 is the key resistance that’s what to watch for. Who knows how far the comex cronies will let silver run at that point
Yes yesterday I meant. Yes it is recovering well. There is still so much short term uncertainty in the crypto world right now. Long term crypto will have its place in this world. Short term, nobody knows what’s going to happen. There’s a new crypto coming out very soon that is actually going to backed off of real physical silver. I’m excited for that, will be buying some of that for long term hold.
What is certain is that silver has only been 80/1 gold several times in history and every time silver has ran 30% to almost 200% every time. And that time has know arrived again. Silver is the next runner.
Hopefully SHMN is too!! Good trading to you!
Just bought a starter position! Huge ceiling upcoming here. Best silver etf out there! I will be adding more as soon as silver crushes key resistance level of $17 and bull market finally arrives.
Great to be on board here!!
I sold too. Need some more funds for the best silver etf for the upcoming run silver will be going through. Gold silver ratio is over 80-1 only has happened a few times in history and silver has always ran well when it does.
I will keep my eye here and hope the best for all the longs here. Maybe I’ll jump back in when I free up more funds in a couple weeks if it makes sense. But bitcoin is getting crushed today in response to google banning crypto advertising. Theres uncertainty in short term crypto plays right now.
Flagging off a double bottom on low volume dip. Accum/dist holding well. Macd reset. Chart setup is looking great. Ready 2go sarge!
Down 4 ticks on 10,000 shares volume half hour into the morning? Lol. Is this a shake of the tree soon before the news drops? Hmm
Just took starter position. Chart setup is great. Merger in the works. Big volume to start the day. It won’t be long before a nice move up here
Looks like a promotion in play here. I got an email Monday to buy this Tuesday morning. Weird how Knight OTC showed up right after 150 million shares were bought and now seems to be pumping people to buy this stock. IMO proceed with caution here
Probably. But 80 bucks is nothing so why not. That would be funny if it nets me a free round trip plane ticket for my next trip :)
I got the email too. Not sure how they even got my email address. I bought 80 bucks worth incase it's true lol, figure I'll either make a quick 500+ or dump on the bid for a tiny loss if nothing happens. Why not
Good luck hope this happens and you recoup some losses and get out dis bit€h