CBIS - Cannabis Science - Page 59

They probably paid by CBIS to putout those estimates
 

Quote:

Originally Posted by takesittomakeit 

 

CBIS 

 

Near Term Target: $0.70

 

Short term target is based on Direct Global Media’s “proprietary analytic model” taking into consideration of the potential 

current Medical Marijuana market and growth rate for the next 4-5 years.

Long Term Target: TBD

 

Note: Direct Global Media will be watching closely on the developments of eastward expansion and New York Medical 

Marijuana Legalization Bill and will provide long term price guidance in short order.

 

Consensus: Strong Buy

 

 

This was a few weeks ago, wonder if they still feel this way.

Originally Posted by IchibomB 

A close over .18 would've been nice. Didn't get it.  Looking for rotation now. 

rotation it is 

What is rotation?
 

Quote:

Originally Posted by IchibomB 

rotation it is 

It went below .14 again and bounced. MM is showing some willingness to mark it up now. I am hoping we close above 0.15 today and will recover most of today's losses tomorrow.

Looking to rebuy again at .13 cents.  How about you guys?

Originally Posted by hellogoodbye 

What is rotation?

Low demand at higher prices precedes backfilling, development, accumulation/distribution.

It's all the same to me. 

Quote:

Originally Posted by IchibomB 

rotation it is 

you really think this stock will have another run up like the ones we've just witnessed?

Quote:

Originally Posted by vprit 

you really think this stock will have another run up like the ones we've just witnessed?

Check the history of the stock, it does this quite a bit.  Like I said earlier, when this thing crashes, it crashes FAST! 

For CBIS to ever reach the next echelon, they need to turn a profit and get rid of that debt.  I'm confident this can happen within the next two years with the OTC product line(which will not have to face FDA regulations).  The hemp oil is what the Feds are trying to block, not the sunblock, lip balm, lotion, etc that they are going to be marketing soon. 

Quote:

Originally Posted by vprit 

you really think this stock will have another run up like the ones we've just witnessed?

That's not my mentality when it comes to trading. I explained this in a recent post in this thread

Anyone looking to rebuy anytime soon?

Liquidated 200k shares this morning, still holding 100k+ shares, will wait for a bounce on these.

Bought 675k shares of NEOM at 0.022

675k shares?? Oh wow, I don't know too much about NEOM to buy into it.  I hope CBIS bounces back soon. 
 

Quote:

Originally Posted by Philosuffer 

Liquidated 200k shares this morning, still holding 100k+ shares, will wait for a bounce on these.

 

Bought 675k shares of NEOM at 0.022

CBIS looks like going to bounce a bit here from 0.118 level. Some with courage may be able to scalp it from 0.12 to 0.13 or so.

I don't see a bounce.  The ass fell out and there's no support @ this point.  Expect tomorrow to bring it back down to .08-.09.  All the buyers @ that level who are still holding are going to take what little profits they can @ this point IMO. 

0.126 at the moment, it is indeed bouncing a bit. I don't know how long it will last though.

Looking to get back in at somewhere around .077-.081 with this.