MJ Stocks Analysis

[nopancakemix]

ERBB May Be a Dog Now
But when your cost basis is at about .0045 even after buying the recent dips between .0275-.035,
Then I call it Mans Best Friend

As far as ERBB goes, I think it is one of the best prospects in the industry
The vending machine is a gem but it is only a small part of their business. ERBB also has a proprietary cultivation system they are co-marketing with another MJ industry player which already has a $1.7m preorder. In a few days ERBB will announce the launch of a line of vaporizers developed by the Vapor Group. ERBB also has an exclusive deal with Abattis Bioceuticals, a reputable Canadian MJ firm. Rumors are swirling about a partnership with Dixie (biggest MJ brand in Colorado) as ERBB's Zazzz vending machine was displayed at Dixie's Fannabis Cup booth this year. Oh yeah, ERBB just announced that they teamed up with USEI to purchase a grow facility and open a dispensary in Denver. Then there's the OneBode nutritional division of ERBB which brings NBA superstar MVP Steve Nash to the table as a customer, spokesperson and shareholder.

ERBB's COO Stephen Shearin is proving to be a dynamic player in the MJ market. The press from the recent vending machine release was outrageous and it was orchestrated by Shearin who has previous media experience. Maybe there are only "a scant few firm orders" but according to Shearin as many as 17 machines can be produced per day.

I'm in ERBB for the long term having made 6 figure realized profits and still sitting on a load of share. When I bought my largest chunk with a cost basis of less than .002 (read my post from Nov 2013 titled "I'm Giving ERBB Until Q2 2014"), ERBB was at its lowest low in 2 years. The streets were red with ERBBlood.

Today those streets flow again. I'm buying in small chunks again and waiting for a possible gap fill at .015 before recommitting serious capital.

It's always darkest before dawn.

Best of luck with your other plays. May they bring you half the returns I have seen with ERBB and you shall be richly rewarded.