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I Wish. All I know is the MJ sector could be a strong one this year despite Sessions.
Ok....Somebody knows something. This is a strong climb from when I just got in while it's been flat most of the day.
.1080 Awesome!! I hope we see a dollar out of this this year.
Well, I couldn't take it no more. Had to buy in. Where do people see this going to?
Try Sogotrade. I only pay $5 for commission. $10 round trip (in & out).
Not bad.
No word on earnings yet? I Still wonder if they exceed 3rd quarter earnings will this project the price upward? or will it just keep following the MJ trend downward. Any thoughts?
Amen brother!!
Question: Lets say that GRNH earnings exceed higher than last quarter. Will this reflect the stock price? or will it just continue with the trend of the other MJ stocks?
Look at that - SMG is actually following the marijuana sector. Interesting.
I agree. I hope the new attorney general is pro pot. Nice mention on CNBC. Never thought about that myself.
Up in Smoke - Coming Up :o)
Marijuana update coming up on CNBC after commercials!!
Bought at .085 and closed at .085. Thought about buying CNAB @ 1.22. It closed off at 1.47. Still glad I bought GRNH. This is a true, down to earth company that I can get a good night sleep over.
Has this company released their 3 quarter financials yet? If not, does anyone know when? I'm all in!!1
What is really strange is that GRNH did not keep going up during pre-election like all of the other stocks in this sector, but yet it's going down in sync like the rest of this sector where in reality if that was the case this should still be sitting at (at least) 11 cents. What's up with that?
I don't believe, personally, that this was a pump and dump. By looking at the chart - it had a nice run starting back on Sept 19. It had 5 nice waves and the 6th wave failed. Profit taking after the news. If this was a separate stock from the MJ sector, I believe we would be starting another consolidation. But since it is in the MJ sector this could keep going down along with the rest of the companies. Or at best regroups and reconsolidates again and I hope it's real soon. I have dry powder on hand waiting to purchase more shares once the chart looks strong again. Just my thoughts. Marijuana is here to stay and these stocks, I believe, will not stay down too long.
RSI at 71.65 today. The high it's been was 94.51. Chalkin' Money Flow is strong, Money Flow is positive, Vortex looking strong, PMO is 68.63 which indicates that this is a strong stock, and the slow stockhastics been running in the overbought condition for a long time. I'll take a bet that this will run for 7 days.
We have to break that .03 resistance. From there we will be on another wave course to higher prices. I was going to put a sell @ .03 this morning to purchase more shares today on the dip but life got in the way - oh well. Yesterdays chart with the doji was a warning sign to get out. Glad I'm still riding the wave here. Good Luck to All!!!!!
That's what happened to me yesterday. I made profit on CNAB when it started to go down and jumped into VAPE. Sure glad I did. Now I'm up over 20 percent compared to being down on CNAB. There are a lot of pot stock charts to keep an eye on if one should start going down and you can see by technical analysis which one is starting to make the move. This one looked to good to pass up. I compare this stock to MCOA and MCIG. These two stocks started down in the low pennies and now there both over 12 cents. I can see by comparing those two charts that this one is going to follow the same path. Also keeping an eye on GRNH. Go VAPE!!!
Interestingly, Most of the pot stocks are down today and this one closed in the green. If all of the other pot stocks rebound tomorrow - this one will ride along with the rest. Hoping my theory is right.
What are the other 2? in your opinion?
I can see this running to $3.70 by the end of the week. The chart looks like it's in for another wave run. Nice!!!
What does REGSHO mean? Never heard of it.
Oh yeah, also people that sold at $2 are buying back in again. Wash & repeat. Like myself. Not worried with this one. After all, it is one of the top 12 marijuana stocks which is right there with GWPH which is actually a Nasdaq stock. As of now the 20, 50 day simple moving average on the chart is strong and it's riding along the 8 day expodential moving average. And as long as the Price Momentum Oscilator is strong - I'm holding.
That is because the previous volume is still installed in the price today. No one wants to sell. Bullish
http://www.barchart.com/snapopinion/stocks/CNAB
Awesome or what!?
Holding up well. Look for a gapper on Monday. CNAB looks strong!!!!
Form 4. It's all good. The reason behind this selling is respect for the stockholders. Read on:
DENVER, CO / ACCESSWIRE / September 29, 2016 / September 29, 2016- United Cannabis Corporation (OTCQB:CNAB) (the "Company" or "United Cannabis") today commented on the recent insider selling activity.
Over the past 30 days the three principals of United Cannabis have executed a number of transactions for the sale of stock held by them. A portion of the proceeds from these sales will be used to help fund the Company's day-to-day operations.
Commenting on the announcement, Earnest Blackmon, the Company's CEO stated, "United Cannabis began largely as a research and development company, which has occasionally been a strain on our finances. That being said, we have been successful in developing a broad portfolio of products and intellectual properties, including our line of Prana Bio Medicinals, which are now generating revenue in dispensaries in California."
Mr. Blackmon went on to say, "Rather than rely solely on investors for the funding of United Cannabis' operations, Tony and I elected to liquidate a portion of our holdings and reinvest a portion of the proceeds in the Company so that we can take advantage of some of the opportunities we see in the market. We believe United Cannabis remains a sound investment and hope that our investors will feel the same."
New to the board, but long time watching and reading.
All of the pot stocks are down today. The chart still looks good in my opinion. I see some consolidation going on for a while, but all in all this stock is strong. Holding long.