CNBX Pharmaceuticals Inc (CNBX)

[XWAVXALMIMAN]

Trooth is I don’t know why I keep buying this stock except to get my average down below 38 cents. It looks like they have great products with amazing technology but they spend a lot of money and have very little income. They are going to have to issue more shares, get some deals for revenue, sell the company or go bankrupt. I see a 1:10 reverse split coming and then issuing more shares to stay in business.
I have Pluristem (PSTI) - they did 1:10 reverse split and have done well since then. They are another Israeli company that has benefited from COVID.
I hope I’m wrong and we pop up from here but today’s news looked good and nothing happened