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Re: jimbojones post# 22455

Tuesday, 04/12/2011 8:22:19 PM

Tuesday, April 12, 2011 8:22:19 PM

Post# of 129051
You guys are also forgetting FDA is under severe scrutiny right now and the government plans to cut funding. This puts a damper on most biotech and medical stocks that require approval for growth. Because of that, expect your long terms to be even longer.

Unfortunately too, the prospects on this company are as they were back in November when it first caught my attention...dismal...

CBIS rarely seems to go +/- more than 3 days a row. I'd say tomorrow will be up or even, but of course it's really difficult to predict these penny ones.

I love the concept behind CBIS but until they do some management improvements, I'm treating this like a penny stock and day trading.

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