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Yes, but it's not all black and white. Some CBD products are illegal.
http://www.thedaonline.com/news/article_1e31f81c-ffdb-11e6-bc3a-ef37ed5d95b4.html
And my point was that Sessions has the power to pull the cord on the entire industry if he wants to, regardless of any laws that are already in place.
Thank you! I hadn't seen this yet. Very promising.
Thanks nostradamus, ;) they're supposed to announce the results and revenues of their 1,000 kilo cbd oil delivery "mid march"
That's a bold statement considering AT Sessions did an interview last week expressing his concern for legal MJ in America. At the end of the day all of these MJ plays live or die with his final decision.
I understand, but with OTC stocks I will forever remain skeptical until real moves are made and finalized. Ogburn adding to his arsenal is very promising, I'll even say its quite exciting, BUT skepticism in otc land is a must.
I've got orders in under .001 because news will not come by tomorrow and this will drop. I'm more than happy to pick up shares from weak hands.
This stock reminds me a lot of UAMM. Similar pps, similar product in the same state. UAMM was waiting on news and they were late. Many dropped out a week before the stock went up 10x!
Okay so I'm just playing devils advocate here trying to do my DD. Explain these "big question marks"
Lol some random person on this site saying the word merger is by no means merger news. IF the next PR comes out soon then MAYBE we could see a DECENT run.
1000 kilo CBD oil deal + Lightwave's cancellation of $1,000,000+ convertible notes
http://finance.yahoo.com/news/ibrands-corporation-inc-shareholder-174134737.html
NEED news by Friday
This stock is stuck below .002 until news hits
I'll say it again sell now and buy back in tomorrow after market open
1000kg of cbd oil regardless of the percentage is massive for the MJ industry. CBD oil goes for like $2,000-$10,000 a kg depending on the percentage.
If you wanna sell 10+ million shares lmk ill put an order in at .0009
How have 14 million shares been sold for this low of a price?! What kinda assbackwards trader sells at at lowpoint with news just around the corner.
Agreed. I would say more than a 100% increase is entirely possible. Be patient though. I can't remember the last time an otc stock wasn't at least a little delayed with updates/pr. Good news here is that this company has made real deals with real money and the revenue from these deals isn't petty change. Making million + MJ deals at this time is nothing to joke about.
Has potential to be a nice runner, but with this volume it looks like the first couple legs of the run will take weeks imo. After that hopefully it thins out and we can really take off.
100% chance this falls below .0009 if no news by friday
This needs to thin out. Looks like the bottom is in at .0005
Whos the lucky one to get some at .0009?! I didn't even have any bid in that low cause I though people weren't that scared.
If you want out let me know. I will put an order in at .001 for you ;)
People threw all their cash into an otc stock that only rose based on interesting news. They lost and got offended and resorted to calling the stock a scam instead of realizing they can't trade very well.
Was hesitant to post here because I won't have funds free until the end of the week but this stock is a winner for sure. Barring a total crackdown on MJ by sessions and this stock will hit .01 by the end of May.
Good luck to you as well. Stay very vigilant and keep and eye our for stock splits and public offerings. This company has no moral compass when it comes to their current shareholders, but I do believe their overall goal is to re emerge as a powerhouse in the shipping industry.
I knew I sold her too early. Anyways congrats to all UAMM holders, especially the survivors from the trips.
It doesn't and it probably won't. If you're looking to flip a stock for a quick 25-50% profit than this is not the stock. This stock should be for long term players, but regardless if you feel like you're Nostradamus then I guess you can get away with day trading this stock.
Would any sellers kindly do me a favor and drop your ask to .0002. I'll kindly take every share you have
This stock, no. This industry, YES. This stock is much safer if you approach it with the idea that you will not sell until the end of the year. Let it follow the natural cycle of the industry and you will not be disappointed
If you would have invested $150,000.00 into a shipping stock when the shipping industry is at its peak than you don't deserve to trade stocks. Shipping industry is a rock bottom and has been for over a year now. It has no other choice than to go back up.
Don't mind me I'm just still here waiting on that 2pm spike that everyone promised ;)
Don't listen to DD they said. The stock wont fall below $2 they said. LOL all I can say is I TRIED TO TELL YOU
I don't short. Never have. They have all that cash? You're sure they didn't just buy more ships that they can't make any profits on? WHEN this stock crashes I will be back. The shipping sector is at rock bottom
Its getting pumped. You can triple your money with the pump. It will crash after the pump. To an amount close to, or lower than a week ago. Basically a Dollar.
There I broke the sentences up for you so you can read them better. Goodbye I will be back at the end of the month.
Regardless Good luck DRYS investors, Ill be back at the end of the month
Its pretty easy to spot a pump job IMO ..
I agree... If you're vigilant enough you can ride this and even triple your money in the next week or so, BUT keep a watchful eye. Economou is a diabolical ceo. For years He's been playing chess while the rest of us play checkers.
IMHO, obviously
DON'T BUY RIGHT NOW. I'VE BEEN WATCHING FOR A WEEK NOW AND THIS IS NOTHING MORE THAN A PUMP JOB.
That being said this stock has potential and the shipping sector is ready for a turnaround, but this is NOT the time to buy this stock. It will crash back down to $1.00 before it gets anywhere near $5.00.
Don't Get caught like the other poor souls who bought this stock when it was over $100.00
MJ sector is a HUGE risk. That being said the MJ sector offers HUGE reward opportunities. MJMJ gearing up. Load and hold. BE PATIENT