Replies to post #89066 on Cannabis Science Inc (fka CBIS)

[es1]

It isn't.
The reason I can be sure is because that warning has been there for a couple months. It went to .0999 with it there.

The reason it is dropping is that election hype is over. The .09 was very inflated because of that.

Simplest way to show this is to look at dates.

On Sept 18 it was at .036

Nov 9 it was at .999

What changed between those 2 dates?
An election changed a few laws.

What changed to add value to the shares?

Nothing really.

The laws were changed in many states before this year and it did not increase the value of any MJ stock when it happened. It wont be different this time.

If they reclassify MJ that MIGHT make a difference but the value of the shares is not increased with a new law. Only the potential is changed.

CBIS has only done 1 thing in that time period that would effect value of a share. That is to dilute. Not much but it does change the value down. That means the PPS can no longer get as high as it did in that period of time (.0999)and can get lower than in that period of time(.036).

This says nothing about CBIS's ability to effect future value but as of now the PPS is falling simply because it is overvalued at this time.

The PPS will always over react.
The .036 can and will be broken on the over reaction. The question is how long will it take and will the company do something to effect the value before that happens.

I think the answer is it will break that low late this week or early next week. Might be bouncing for flips if you feel like gambling until that time.

IMO