While I have complete faith in Cannabis, and I think CBIS is doing the best it can, less can be said of the average investor, and even less of big institutions. I do think however at the moment the company is planning to P&D, but they need to get revenue. If the biopsy sends this to .30-$1 and the company drops 100 million shares, then they paid for their clinical trials...
However, I deferred my tuition payments till end of april to make these investments, so I need to take a bit of profit sometime.
What are your opinions on setting a stop loss at 0.13? I could sell 2/5 of my position there for the rest free and a small profit. The rest will be my core long position, but I feel it might consolidate down for a few weeks like it did after the run to 7. Also since we said biopsy news is supposed to be end of march it might go down for a week or two. I don't know much about charts, starting to learn so asking for other advice.
If it breaks through this support at .137 how far do you think it will go?
And to darkwind, its not snake oil, its cannabis oil and pictures can be scientific evidence. Just because you don't understand the scientific method doesn't make it fake. Each new patient is n+1 to their clinical trials imo. You can call it anecdotal, but as each new patient goes from having cancer to not, the evidence is building.
Seriously, who comes to bash a stock which could save the population and planet together. This goes way deeper than skin cancer. Every cancer can be treated with internal treatments. Furthermore, the plethora of inflammatory diseases plaguing the modern world could be treated with cannabis.
Even if CBIS is a P&D it is bringing exposure to the cure.
Wanting CBIS to fail so you can make money is incredibly greedy and disgusting imo. Your own personal gain is more important than the health of humanity? Go back to the hole you crawled out of this morning and think about what you're doing.
AI
