Replies to post #88565 on Cannabis Science Inc (fka CBIS)

[es1]

Nah no dilution they just decided to stop at 400M in the first 3 qtrs.

There will be a lower entrance. Probably near .06 bounce to mid 8s and crash. We should form a very nice head and shoulders as long as the bonce happens above .06.

Hit .05999999 and it will crash out from a "close enough" double top.

One of the two will happen I think it will be a bounce and H&S pattern.

Dilution.... that is a given. But if the market doesn't care right now who would argue? When the market gets bored the PPS will return to the previous trend.

With the damage from known dilution the PPS will find a new low at some point in the near future. The unknown dilution will be what decides how far in the future the PPS hits a bottom.

IMO. Any trade below .059 will signal a fail of the H&S and confirm the double top.

[BottomBounce]

I'm buying more CBIS