Thank you Silver tin man.
I'll be honest. I'm an investor. UBQU, Ballas, NOBODY is paying me in any way to comment as I am as a cautious bull for UBQU.
I bought it a year and a half ago, and bought little bits on the way down. I enjoyed gains from the 53 bottom in 2017 to the 292 height.
If UBQU were to go bankrupt, I'd be set back a year at most, because as my handle implies, I've done well on blue chips, but yeah, it would hurt.
So why am I not joining in on the bears as UBQU slips off its 43 resistance and heads maybe towards 30?
1. as I've previously posted, right now the market is low energy, and everyone in pot chased ACBFF...and Tilray...I now thank God that I only took a paper loss of 8% on UBQU today than bet the farm on Tilray at 299 as some peeps on that message board imply
2. I noted Smokey posted a rumor that the company was offered 10 mil and it wasn't taken. Even though I agree Ballas and the name are HORRIBLE. the leaders of this company believe in it. hopefully they are not scammers (if you wanna see a penny pot imploding right now on fake leadership, check out CBIS, a stock I did finally give up on). If they finally do sell out to big CBD groups, they probably will still get 10M, which means I'll get back my paper losses
3. the company posts low profits, but they post profits. they squander their profits on cryptocurrency, but when a stock falls you have to ask yourself "is it going bankrupt" "Is it a value trap". if no to both, buy dips
4. now UBQU COULD be a value trap, I'm guessing had I say, lucked out and won the tilray 150 to 300 lottery today, yeah, my money would go a lot further make a lot more. But, when it comes to lotteries, I think UBQU is the one to be sitting heavily upon. A LOT of bulls here believe UBQU could one day go 1.00.....or even more realistically 10 cents. WEll, I'll take a x20 pop.
5. I fear Ballas IS giving friends shares for free and diluting shares. perhaps he smokes his own product. but at the same time, perhaps he isn't 100% sabotaging his own company. This google hits thing....well what caused Tilray to spike and go x8 in a day? cramer interviewing tilray's ceo. Imagine if Hemplife even gets to the #3 spot on a google search for CBD? I can imagine a 30% chance if that SEO expert really cares. all UBUQ needs to do to get to where it should be valued (what? 3 cents? 9 cents?) is just people KNOWING about it, and saying "oh, yeah, that's cheap, lets buy) and getting the daily share trades to 50 mil.
6. I joined 2 days ago because I like the chats here, the company, and even though the bears have reason, it's clear some of the complainers believe in this company and hope for it to do well. I've seen a few moderators here post that they try cannazzall and love the product. If I have a chance to become a paper millionaire, its' here. I think I have the best chance to buy a million shares for 4000 bux and have maybe....just maybe a 30% chance in 2 years of going x25 on it.
7. I know, most likely for the next two months you might see it drop to 30....under 30....and you'll see a ton of "dumpster fire" posters. Hopefully we won't see "SCAM ALERT" posted right here on the marquee for UBQU on investorshub like it presently is for CBIS. If it drops due to less than 10M share trades a day and no real news....I'll roll with it. I really do believe in UBQU, and at least 100 before end of year.
like most of you, here's to Mr. Ballard stop taking the THC part of his product and just get down to overpaying debt, giving up on cryptos for the moment, getting the name out there (or changing it, at this point just GETTING IT OUT THERE might be quicker and legally easier) and upping the overall value of the company.
If in the end I have to sell and take my lumps, yeah, I'll admit I suck and the bears were right..but I don't think most of us wants this for this company.
