The Week Ahead - A Temperable Mind
Two letters, P and R. With exactly 10 trading days left in the month, traders and investors alike are awaiting official word from ERBB/Tranzbyte regarding the eminent release of the Zazzz machine at Herbal Elements. Thanks to DcGods excellent fact finding (post 129028), the source of the March 21st release date has been revealed and although the day may be significant, Stephen Sherin, Tranzbyte's COO confirmed the company has not officially announced the release date. Hence, we are waiting, some more patiently than others.
Trading this week should be pretty fun but as an investor many ERBB holders are getting antsy, especially those new to the equity; understandably so, as many who are new to the party opened long positions on the expectations Tranzbyte is releasing a vending machine in a few days but have yet to see the long overdue device.
Other investors like myself have made their profits and are coasting freely on paid for shares considering ERBB is up 1200% in just 3.5 months. While that doesn't help ease the minds of the new crowd, it will provide a backbone of support because the old schoolers will not be dumping on 5-10% dips, nor will they be in a hurry to take quick rips to protect profits. In fact, I posted about several dips buys I made when ERBB dropped to the mids .02s and I hope others picked a few up as well.
The shorts in this game really don't mean much. At .0394 there really isn't much profit to be had on the downside unless shorting in massive volumes. Any heavily shorted dip will be met with equally as rapid covering which would just drive the share price back up.
Tranzbyte really needs to use this momentum for a ground breaking PR. Again from DCGods generous posting, it sounds like ERBB is not only about to announce the machine info, but the company is about to fire off a barrage with vape pens by 4/20, a new website, positive OneBode figures, resolution to the Altitude Organic confusion, and who knows.
One suggestion I have for Tranzbyte (and hopefully maybe it's already in the works), they should take the time to hire some pro video/sound/production/marketing people to put together an Electronic Press Kit about the Zazzz machine for distribution to financial networks, institutions and potential clients in the MJ industry and beyond.....that could be accomplished for about $100k. Since film/TV/commercial production is my business, I wish I could offer my services but I'm a little booked up these days.
Either way, as an investor who has been in ERBB a while, I'm trying to meet this week with tempered expectations. There have been many stumbles up to this point so I don't want to get too fired up but it sure is fun seeing all this momentum. I'll be more excited to finally see the machine. Actually, if the release it on the 21st, I'm going to CO and will try to make contact with the folks at HE. I would seriously consider rerouting my return to LA through AZ just to stop by Tranzbyte. If ERBB hits .20, I may even offer some EPK production services free of charge!
Bullish Outlook
Selling 10% at .10
Selling 20 at .20
Bearish Outlook
Selling 50% at .015
Buying 100% at .004
"Emancipate youself from mental slavery, none but ourselves can free our mind"
-Bob Marley
AI
