InvestorsHub Logo
Followers 0
Posts 857
Boards Moderated 0
Alias Born 08/28/2009

Re: None

Thursday, 11/18/2010 8:11:25 PM

Thursday, November 18, 2010 8:11:25 PM

Post# of 129054
Green Friday

Last couple of days, IMO, we seen thin resistance; if the bulls were in, we would have seen a good run. Buys outnumbered sell volume today. I think the big time bulls are waiting for final word on the div, to see if its a good deal.

The only reason to be bearish right now is if you got a couple of bags already. Otherwise I think a run is about to happen. My boat is still loaded.

10-Q is expected today Friday based on last years NT-10-Q on 11/17/2009 and 10-Q on 11/19/2010. IMO, CBIS filing date was 11/15 and their 10-Q states that it will be "filed on or before the fifth calendar day following the prescribed due date".

Kind of interesting how the "gap" is the same level and size as the 200 day moving average and the 50 day moving average.

If news is released we could test .13

GO CBIS!!!
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.