Hey Y'all Got out of ACTC for now ( After 3 yrs of torture) Bought a little Sea Bis yesterday Alot more action here !! Has some great things in the "Pipe" line LOL GLTA
CBIS - Cannabis Science - Page 46
I've been watching this thing for a while to see how far it will fall and it looks like it doesn't want to touch the low .08's.
Can someone look at the charts including today's and tell me if they think it's starting to trend up? The linear bar is beginning to flatten out and prices are flattening out as well.
I'd like to see this hit .06 or even .05 so I can double the amount of shares I could buy. Last time I bought in @ .05 and rode it until .21.
This company still has some huge PR potential with pending biopsy results and a possible $100 million coming their way via Green Assets.
Eventually, but I don't think this news will push it that far. It's really not new news at all. I think all the excitement is for Muse Productions. Once people find out that it is not the same Muse Productions that did movies like American Psycho it should slowly come back down again. I can't find ANY information on the Muse Productions company it talks about in the article.
Big volume absorbed around 0.11 level and supply seems to be drying out around 0.1062. I am expecting a rally up a little later.
Edit: Its going up, huge blocks of buy orders 1.3 million bought at 0.11 in 3 trades, hope someone bought around 0.107 level on the dip, that was a great entry point.
This is one of those pennies that can return 3x to 10x if all goes well. They are soon releasing a documentary on how their cannabis products cure skin cancer and other ailments. They are real and seem to have potential. If their products can really cure the way they are showing at the moment, big money will flow in and make it a real, viable, big player.
Disclaimer: I am long CBIS and please do your research before deciding to buy. Pennies are risky plays. I share what I really think of it and not trying to pump. I did read through their website and the photographs of their cancer treatment trials.
Edited by Philosuffer - 3/28/12 at 9:51am
Wow great call on the .1062, looks to have found today's bottom there. Back in at .1075, small re-accumulation for me.
I've been following this for a while to, I remember the days when I made money buying into this thing at .35. They are progressing very slowly, but I'm confident in their CEO. He may be the #1 authority in the world when it comes to skin and THC.
biopsy results (it is a medical test on cancer patients to confirm whether the cannabis medical products actually cured the cancer completely) are expected to be announced very soon. May be even tomorrow. Also, the documentary PR is coming on next week or so.
I am planning on holding all 200k shares and perhaps even adding some more.
Bought 138,000 more shares at 0.105. I was trying to buy at 0.102 but the market maker is not letting that happen. He is trying to accumulate as much as possible at low prices and willingly taking down the price to scare some longs and absorb at low prices. I tried for more than an hour and finally bought at this price. He can easily mark it up quickly and then I would have to regret missing the boat.
I bought it because both technicals and fundamentals are looking very good. MACD is giving a buy signal, cup and handle bullish formation on the 6 month chart. It went to 0.23 came down more than half and consolidated. Bottom was well tested around 0.09, so in the worst case it would go to 0.09 which is okay with me but in the best case it would return 3x to 10x, so the risk reward ratio is very good.
They are suppose to release biopsy results today or next week. A documentary is coming up that would attract new investors. I felt next one week would be a time that can see a possible big move. Watching market maker action closely made me believe that he is trying to absorb before making the next move up.
I own 338,000 shares of it at the moment and definitely recommend it. Please consider the facts and do your research before buying it. I am not trying to pump but merely providing information on my trade and the reasoning behind it.