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Re: shortorlong post# 7782

Friday, 09/07/2018 6:59:08 PM

Friday, September 07, 2018 6:59:08 PM

Post# of 30465
REALLY GREAT that CANB held at this support level today...checking in...this was a hard day all the MJ stocks fell after being overbought...and CANB's biggest competitor was in free fall today and fell below its day before levels...but CANB has held back at that same .48...both CANB and its competitor are OVERSOLD right now...I think this is a good sign before the weekend with the drop in volume AND the ENTIRE market going through jitters with the Chinese trade issues looming and putting fear into the tech industry...people are holding back money expecting drops in everything...the last time this happened actually the MJ stocks did rise while everything else was falling. We'll see volatility all month but I do feel things are positioned well to move up and that CANB is a longterm HOLD!!! I WILL KEEP adding when I can at these levels. I just don't see any other hemp/mj I feel confident about in this manner....I think their distribution strategy by placing their medical sales through pain management professionals will get the product out there through many times the multiple compared to simply having a web presence (which they also have) or opening one or two points of sale...they are very much expanding their presence and sales in this manner and getting product to the PEOPLE MOST LIKELY TO BUY....and THEY HAVE LINKS TO THESE PROFESSIONALS AND THEIR OFFICES IN EVERY STATE right on their WEBSITE with contact info.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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