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Tuesday, May 19, 2015 11:48:28 AM
The fallout from above is: the newbie traders follow the veteran traders (that pump). If no veteran traders come then no newbies come.
Thoughts?
Frankly I am surprised that getting to QB did not do more for this stock. A lot of penny "investors" are watching CANN because it is one of very few stocks that came back to L2 from a suspension. Since many see salvation for their stock in being able to do the same, it must be concerning to see it has had little effect for CANN. The stock traded higher ($10-$20)right after it was suspended!!!
But CANN is following in the footsteps of the other, relatively few that have been able to get a 211 approved in that it actually did little for the pps...contrary to conventional wisdom.
A suspension for a penny stock must be like some 'mark of Cain' in that it can never be erased no matter what. I have yet to see a single otc issue have any sort of success after return from a suspension...but that is only about 5-6 stocks in the last 7 or 8 years.
Recent CANN News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/14/2024 08:00:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/09/2024 09:00:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/21/2023 01:30:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/14/2023 09:30:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/23/2023 08:30:18 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 07:51:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2023 09:00:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/02/2023 08:33:03 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/07/2023 08:30:37 PM
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