Why do we never get a PR before the opening bell? Anyone? I would love to see a biopsy and killing cancer documentary release news pre-market monday. That would be lovely.
IMO this week will shake out a PR about the documentary and biopsy. If that is the case we should definetly go past the recent high .24 and hit low .30's this week.
If no biopsy report and some fluff PR hits about license deals or some@##@ then we'll see us hit .10-.11 this week.
Finally, I think CBIS and Kane have thought the best scenario for releasing the film in accordance with the biopsy which is this week.....by doing so they easily can see 100% gains in the pps further adding to company value and their shares will be utilize for whatever the heck they want to do with it. Makes logical sense to me.
Bigger scope of things, I think CBIS realizes this is an election year and they have their own campaign in motion. Medical Marijuana will be in play many states. Why not ride the media wave of this hotly debated subject come November 2012 with Killing Cancer by Cannabis Science. FDA submission, media hype, etc will definetly follow for public debate.
These shares are cheap IMO and I wish I had more money to invest. Not a cheerleader of the stock but I believe what I'm saying is on point. My guess is during the course of the year we could see $1-3 per share by November. If the results are undeniable, product distribution has commenced on large levels, profits are being reported in upcoming qtrly reports, european expansion it will be even higher.
Besides, what is the cost of a share for curing cancer? Much higher than $1-3 but who the heck really knows right?
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