Replies to post #10673 on Cann American Corp (CNNA)

[flicker]

I have never understood why someone watches their funds go down day after day.

1) If everyone sold their shares today, as you would have it, the share price would go to sub-penny almost instantly and you could advertise your alerts news letter some more.

2) 100 lots are being sold, to knock the price up or down 5% periodically during the day. You do realize that is a 2 dollar trade don't you? This doesn't indicate a change in value of the business. It indicates day traders are trying to get something going. Maybe to knock the price down so that cheaper shares will be offered on the bid. Certainly in those amounts it doesn't indicate someone is cashing in. The big trades of the day are only worth a couple of thousand dollars, which doesn't say anything about the investment community as a whole unless it is that most share holders have a wait and see attitude with a couple feeling shaky enough to cash in their small holdings.

3) Share holders are watching to see if the company can perform according to its business plan. If they can the value of such a Global enterprise would be tremendous. So far they are.

Penny stocks are almost never an investment, they are a trade. The longs have been on the wrong side of this trade.

Almost never:

Most are heavily encumbered with unmanageable debt - Not this one.

Most do not have a product being actively marketed on a global level - This one does.

Most have serious adverse legal issues to contend with - Not this one.

Most are old companies that have lost there position in the market place. - This one is just starting it's launch into the market place.

The share holders in this investment are picking up small lots at 2+ cents. Not a lot to risk.

If significant new interest shows up the stock price would climb to multiples in a short period of time. This could happen the moment distribution agreements are announced. Which we are expecting any day now. That is a huge upside potential to holding a little longer. The biggest risk we face is losing part of our 2 cent investment.

I have never understood why people who claim to have no interest are here 24/7 posting warnings to themselves, while deriding the hopes and positive attitudes of others.

[surf1944]

Go for it, buy all the BFLX stock you like, without buyers like yourself these companies could not sell new shares into the markets. I said, why does someone continue to buy into a bad investment, I didn't say for everyone to sell today. I tend not to average down on a falling stock, I average up on a stock moving up.