Replies to post #24216 on Abattis Bioceuticals Corp. (ATTBF)

[curiousbuild]

It was "hype" that drove all mj stocks to crazy valuations. There is no other explanations and Abattis is no different than other MJ stocks. I wish it was though.

Both CEO and CFO sold bunch and bought back little bit in March. I personally have no issue with that tbh. Nicky also made over $10M in that run as far as I can tell.. He sold his shares and moved on to Affinor.

The company is worth what people are willing to pay like any other product out there.

[Shark Attack]

We all know $2.75 was too high? Not really.
Guess what there are 1000 of investors that are 100X more wealthy than Nick, that would be interested in a control stake of ATT:CSE or ATTBF. If any of them start a bidding WAR or new MJ VC Funds start bidding $2.75 could look cheap and $5 could happen even with 200 Million shares OS.
We are at 65.75 MILLION OS. Lets just say $120 milion MKT cap is not crazy, OVER $2......
Look at some of the other MJ companies. I know one right now that is at 121Million mkt cap with a price of $3.85-----and ATTBF Certainly has much more than that ticker going on.

So you and others think it is too high. Me I say it is a matter of time.

Long
ATTBF
Shark