Upside: Bid 24 ask 25 at open.
- rumor is farm bill signs Thursday. This positive news in the center of fear and pain news in other sectors could cause a feeding frenzy that lasts into January!
- all the long term outlook for 2019. as major stocks get wrecked for the shorters and hedge fund managers, the only positive news is that MJ could go from 898 mil to 20Bil in 2019....or more...
also not often talked about upside: Sure 5B dilution at 0010...but....they can't put ALL 5 Billion into the float. if they did they'd end up eventually with a hostile takeover from the big longs....sooo….so far I'd guesstimate 800 mil, 1 billion of those diluted shares have hit, in an accumulation ramp?....we may soon be out of diluted shares. if momentum stay positive, then you might see a spike as longs put up higher and higher asks.
downside: there will be a selloff and a sine curve because there are those who will take their short term profits, fearbies who want to be in cash waiting for the crash, and as talked about right now, the trolls, and market makers who want this penny to go back to trips so they can tank up will come back. also now indeed we probably have whaa-mbulance chasers who sold out as it dropped 90% and don't want to risk rebuying on the upside.
last possible upside: ya, Ballas has had a lot of misses, and claims were he tried to change the name before and failed. But the name was originally hemp life, and other posters here have said that the UBQU folks have been paying attention to the loyal longs who have an in with them, or they read these posts (example: they wiped the bad yelp-like reviews they got which most likely were hit pieces anyways)
when it comes to plays made by Ballas, changing the name so that "hemp" is in it, and ending cryptobuy entirely (it's in the same article) are smart moves. I belive the buying frenzy and accumulation helps that.
also, at this time, what are you gonna do? buy the S&P, buy amazon?....heh...ubqu lost 90%....amazon lost 20%...and they claim it might be another 50% more. sure ubqu is a micropenny, but fearmongering is fearmongering....It even affects the giants.
also, you got a better chance of becoming a millionaire with 1000 bux on UBQU than you do buying lottery tickets!....or ….even Wal mart...wal mart ain't going 100 bagger any time soon.
Good luck today investors! :)
