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Wednesday, April 23, 2014 12:49:55 PM
Today's news from ERBB is really quite favorable, imo. Yet my instincts told me that today might nevertheless present a good buying opportunity. As the morning hours wane, this seems to be proving the case. I'm thinking we'll be at .043 later but I don't see us dropping under that, if at all. That spells opportunity.
Keeping it as realistic as I can, I expect follow-on announcements. We need definitive moves not LIKELY to enhance share holder value---but, instead, SURE to increase cash flow. No business can grow without cash flow if we're talking about profitability. Yeah, companies sell equity (shares)all the time. But that's akin to a vampire slitting his own wrists for a swig.
Dilution is normal for start-ups. ERBB is NOT a start-up, been in the kitchen for a lot of years. It's time to get out of the kitchen and into the dining room with MJ-oriented dishes and technologies that customers will die for---while paying lots of money for the privilege of associating with our company.
My opinions only.
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