ya ubqu is #12
Maybe allenc is right, maybe UBQU WILL acquire. In my mind it's too SMALL to acquire...but maybe it's bigger than others, and could use some trucks, warehouses....empty bottles to fill from endo labs :)
I got in cuz I always wanted to have "a million shares" of something. bought in 2017 at 3 cents! watched it drop to 0070 by sept 2017, but man I dollar cost averaged on the way down, had 7 mil shares. and then bam, it starts popping back to 0292 by feb 2018.
I sold all but a mil...for big green, hating myself for it thinking man, if this thing breaks out goes 5 cents I'll be PISSED I didn't hold all 7 mil. one more pop I could have possibly retired.
then on the way down again I said no worries. I'm only holding a mil (by then I hadn't discovered these boards and hadn't done a bit of DD, I just looked at the sine curve over 5 years....went 50 cents in 2014....of course because back then CO WA OR were just legalizing and the craze was on....but after that, between 400 and 51.
So I thought, this time I'll dollar cost average down, but buy tiny tiny bits on the way down, it'll NEVER go below 51
so if the stock had a -20% day, I'd buy a couple thou. once it got below 80 I started tabnking up big time.
when it dropped to 60 I found this board and learned as to WHY it was just tanking.
the good news is my bluechip habit helped pay for all those shares. I held....I still hold a lot of shares, average cost is less than 100 so if it goes at least penny I get all my money back. I'm patient.
of course, October 2018 hits and now I'm losing WAY more money on paper than I am on UBQU.
but I stay long because those high level bought shares, no reason to dump them at this point.
and the sentiment in general is higher. Crypto was failing and reports were indicating that investment in cryptobuy wasn't even off the foundation levels. besides, continuing in that direction would be like insisting on finishing that pirate ship now that we have steel clad destroyers.
name change, youtube videos, distributorship program, google trust score, show up on more searches, even Farm bill implication gets the conversation going about CBD, and then comes Hemplife after that.
The negative plays are still toxic debt and incompetent CEO. I see Ballas as more as a "low tech dad" …"oh dad, Facebook is SO for YOU, nowadays all the cool kids are using (insert whatever fad followed snapchat here) . He's not incompetent, he's just still moving slowly thinking that his experience selling QVC in the 80's will work. Well he was turning slowly...I think he's turning faster now. He's getting better advisors, better backers.
toxic debt: well we've all been in debt. Jeff Bezos was once heavily in debt. I'm guessing the Waltons were in debt. ya gotta borrow money to make money. we all have to borrow money to get something that will be in 20 years valuable, our land. so we are still here because we do believe the debt will get paid....sadly....months....even years?....sucks to be all of us who want to win the lotto overnight. if you've got more than 4 million shares of this company, you have a better chance of wakling up one day and seeing the stock at 1.29 than you do of winning 4 million buying a lotto ticket every day for the rest of your life.
well, here's hoping tomorrow is that day we wake up like after the distributor ship was enacted press release and the 14/17 bid ask of the night before opened at 30/35!
or even better.
$UBQU (only gonna give it one dolla sign for now
