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 Cannashroom
Smoke two Joints
 
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 1 month, 2 days
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 Re: Cannabis Science Inc. (ticker-CBIS)  [Re: Ellis Dee]
#16200299 - 05/08/12 05:26 PM (1 year, 1 month ago) |
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Woo! Huge day today. CBIS up 40%!! This might be the start of a new run.
Make money while healing humanity and the earth! Sounds good to me...
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"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙
Registered: 05/08/01
Posts: 17,722
Loc: city of angels 
Last seen: 1 hour, 11 minutes
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 Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom] 2
#16203896 - 05/09/12 10:50 AM (1 year, 1 month ago) |
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Quote:
Cannashroom said:
Woo! Huge day today. CBIS up 40%!! This might be the start of a new run.
Make money while healing humanity and the earth! Sounds good to me...
That is a misleading statement. You started this thread on the 18th, indicating the price of CBIS was around $0.12/share. Though the stock may have seen a 40% move yesterday from Monday's close to Tuesday's close, it is still down for 12 of the last 15 sessions, presently trading at $0.10/share, or a 16.7% loss from where you initially told us about the stock. I wouldn't call that making money. Nor would I have been very happy riding CBIS down to 7 cents had I bought it at $0.12 upon your recommendation. Not to mention, technically, the stock has been printing lower highs and lower lows since February. Trading volume is also anemic, so I have a really hard time believing that this company is investable at all.
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┼ ··∙ long live the shroomery ∙·· ┼
...╬π╥  ╥π╬...
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SinceWhen
Stranger
Registered: 03/29/12
Posts: 64
Last seen: 3 months, 20 days
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Re: Cannabis Science Inc. (ticker-CBIS) [Re: geokills]
#16237742 - 05/16/12 12:44 AM (1 year, 1 month ago) |
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Be sure that you watch science advancement very closely. Though cannabis is a thriving thing in the modern day world, if there isn't any major breaks in science happening, this could be a bad investment. But seeing as how science is expanding right now, this should be a great investment!
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Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 1 month, 2 days
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Re: Cannabis Science Inc. (ticker-CBIS) [Re: geokills]
#16272620 - 05/23/12 01:09 PM (1 year, 27 days ago) |
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Quote:
geokills said:
Quote:
Cannashroom said:
Woo! Huge day today. CBIS up 40%!! This might be the start of a new run.
Make money while healing humanity and the earth! Sounds good to me...
That is a misleading statement. You started this thread on the 18th, indicating the price of CBIS was around $0.12/share. Though the stock may have seen a 40% move yesterday from Monday's close to Tuesday's close, it is still down for 12 of the last 15 sessions, presently trading at $0.10/share, or a 16.7% loss from where you initially told us about the stock. I wouldn't call that making money. Nor would I have been very happy riding CBIS down to 7 cents had I bought it at $0.12 upon your recommendation. Not to mention, technically, the stock has been printing lower highs and lower lows since February. Trading volume is also anemic, so I have a really hard time believing that this company is investable at all.
Did I tell you to buy the stock right then? That it was about to make some huge move in the next few days? NO I just wanted to introduce the company. It trades very technically, if you had watched it from where I alerted, you would have noticed it became very oversold in the 7-8c range and would have been a good buy. It continues to find strong support at 7c, churning around this area until the next big announcement.
Now lets look what I said when I first made my post:
I think this is a great long term investment, with lots of swing trading opportunities as well because of high volatility. Of course like any pharma start up they have no revenues at the moment. This is a completely speculative investment!!!
I never said you would get huge gains now, this is a long term investment. You say this has been down since February, but if you look at the previous year, this was below 7c for most of the year. Only broke 7c for a very short period. Now it is staying above 7c very well. Had you bought almost any time last year you would still be at a profit now, so it would be a good long term investment, like I stated.
Furthermore, as I said, this company is working to ACTUALLY HELP PEOPLE. This is about more than money:
"Health is the real wealth, not pieces of silver and gold"
-Gandhi
Big pharmaceutical companies that know their drug will cause bad side effects, maybe even deaths, will calculate the profits vs lawsuits to decide if they send it to market. They put no actual value on human life.
You would invest in that purely because it would make you money? What is the value of actually saving lives rather than robbing people before they die?
CBIS's treatment will be cheaper than a lot of cancer treatments today, so they will not make the same profit margin. However, they will actually save lives. What is the value of actually improving health?
This is an unconventional investment opportunity, for me it is more about changing the current corrupt medical system into something actually bringing health to people.
This company is using stock holder money by dilution to try and bring this through the FDA. It is being funded by investors. So if you want to see a change in the medical system put some money down.
If everyone waits until it is up and running then it will never happen, the movement needs money to move forward.
I warned about the volatile nature of this stock, and that it is a long term investment.
That said, I expect some big announcements concerning the FDA IND application and some outside financing to appear soon.
Anyways, volume is rising, MACD is almost crossed over. looks like it might run again soon. In any case strong support whenever it drops to 7c. I think these levels are a good buy for short term gains, and definitely long term gains.
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"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
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Mr. Bojangles
Breathe In
Registered: 04/08/08
Posts: 1,566
Loc: The Dirty
Last seen: 17 hours, 6 minutes
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Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#16275537 - 05/23/12 11:29 PM (1 year, 26 days ago) |
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Quote:
Cannashroom said:
Did I tell you to buy the stock right then? That it was about to make some huge move in the next few days? NO I just wanted to introduce the company. It trades very technically, if you had watched it from where I alerted, you would have noticed it became very oversold in the 7-8c range and would have been a good buy. It continues to find strong support at 7c, churning around this area until the next big announcement.
Oversold how? 14 day RSI shows no oversold periods since 2011. The CCI may show oversold but I think it's a little misleading to just generally say that it's oversold. Good traders don't just look at one technical parameter. Volume is still down btw, judging from the last 6 months I'd say interest would be sparking again once volume goes over 25M.
Long term investing and swing trading aren't exactly the same thing. Actually pretty different things. Plus volatile stocks aren't really stocks you want to go long on.
Quote:
You would invest in that purely because it would make you money? What is the value of actually saving lives rather than robbing people before they die?
Yes. Trading is about making money. And I don't really want to veer off on a tangent but if you want to change the system, it's not via another publicly traded pharma company. 
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"It is dangerous to be right in matters on which the established authorities are wrong."
-Fracois Marie Voltaire
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Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 1 month, 2 days
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Re: Cannabis Science Inc. (ticker-CBIS) [Re: Mr. Bojangles]
#16348920 - 06/07/12 11:41 PM (1 year, 11 days ago) |
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Sure trading is about making money, but every dollar we spend or invest is a vote for how we want the world to be. I wouldn't invest my money in a company which I think is morally reprehensible, destroying the environment etc. Choosing your own greed over the environment is arrogant and contributing to the decline of the earth.
The environment bred the economy, we should show thanks for that. And this is not just another pharma company.
This CEO gave a lecture explaining how the magic bullet pharma approach is flawed, and whole plant extracts like cannabis are a much safer, cheaper, and environmentally friendly option.
Anyways, I was a bit hasty of my CBIS calls, but It looks like it is heating up again. I would have bought at 5c but alas I had no powder.
Last time she bounced from the 200DMA it went from 3c to 24c. Bouncing again from the 200 5c to 40c?
I love this company because they are exposing the truth. They have a long hard battle to fight and I love to be supporting the medical revolution upon us.
MACD finally flipped, looking nice for the next wave.
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"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
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LiquidSmoke
My title's cooler than yours DBK
Registered: 09/04/01
Posts: 24,983
Loc: S.A.G.G.Y.B.A.L.L.S.
Last seen: 2 days, 2 hours
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Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#18030686 - 03/30/13 12:06 AM (2 months, 19 days ago) |
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Quote:
Cannashroom said:
Did I tell you to buy the stock right then? That it was about to make some huge move in the next few days? NO
YES actually you DID.
Quote:
Cannashroom said:
This industry is growing exponentially, now is the time to get in.
Now how has the stock done since you told everyone to invest in on it?
Oh look, it dropped to a third of it's value....way to mislead people.
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"Shmokin' weed, Shmokin' wizz, doin' coke, drinkin' beers. Drinkin' beers beers beers, rollin' fatties, smokin' blunts. Who smokes tha blunts? We smoke the blunts" - Jay and Silent Bob strike Back
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Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 1 month, 2 days
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Re: Cannabis Science Inc. (ticker-CBIS) [Re: LiquidSmoke]
#18034544 - 03/30/13 09:44 PM (2 months, 18 days ago) |
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Ok, but people who put it on their radar and bought when the reversal came at .03 (like I did) are doing fine now...
CBIS found a bottom at .03 in September. Since then it ran to .10, back to .05 and then to .12 and now has gone back to .05.
So even if you bought in at .12 you could have gotten out at no loss. Furthermore, there was a 300% profit window over the last 6 months. Anyone who bought at my second .05 alert could have made easy profit. My first alert was hasty, but it has been really easy to make money on CBIS over the past 6 months.
It has been setting higher lows since September.
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"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
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LiquidSmoke
My title's cooler than yours DBK
Registered: 09/04/01
Posts: 24,983
Loc: S.A.G.G.Y.B.A.L.L.S.
Last seen: 2 days, 2 hours
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Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#18035306 - 03/31/13 12:51 AM (2 months, 18 days ago) |
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Quote:
Cannashroom said:
but it has been really easy to make money on CBIS over the past 6 months.
Really? How so?
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"Shmokin' weed, Shmokin' wizz, doin' coke, drinkin' beers. Drinkin' beers beers beers, rollin' fatties, smokin' blunts. Who smokes tha blunts? We smoke the blunts" - Jay and Silent Bob strike Back
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Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 1 month, 2 days
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Re: Cannabis Science Inc. (ticker-CBIS) [Re: LiquidSmoke]
#18038567 - 03/31/13 07:46 PM (2 months, 17 days ago) |
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Quote:
LiquidSmoke said:
Quote:
Cannashroom said:
but it has been really easy to make money on CBIS over the past 6 months.
Really? How so?
It had two 100%+ profit windows. You buy when it is around 5c and sell around 10c.
When it breaks out of resistance with volume, you buy! See back in November was right after the cannabis votes in colorado/washington. That gave investors confidence and there was a big spike. When it broke .057 (previous resistance) with good volume it was time to get it. I bought in around 6c and sold 9c back in November.
I bought again around 5.5c in at the start of the feb run and sold .10. You can see then it broke out of its consolidation with good volume and went from 4.8c-.12.
Easy money... If she holds up next week I might get more.
I had sold some of my previous CBIS to buy other weed stocks like MJNA and pay some tuition. Now I just trade them because I don't trust the market as a whole. Weed stocks should make more big moves, and I always play the weed momo, but I just don't trust the stock market in general and am moving some assets into silver and other things.
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"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
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 meams
Blessed
Registered: 01/11/05
Posts: 17,777
Loc: In a Tree
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Re: Cannabis Science Inc. (ticker-CBIS) [Re: Cannashroom]
#18039298 - 03/31/13 10:01 PM (2 months, 17 days ago) |
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i can't believe we're debating the merits of penny stock trading.
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LiquidSmoke
My title's cooler than yours DBK
Registered: 09/04/01
Posts: 24,983
Loc: S.A.G.G.Y.B.A.L.L.S.
Last seen: 2 days, 2 hours
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Re: Cannabis Science Inc. (ticker-CBIS) [Re: meams]
#18039408 - 03/31/13 10:24 PM (2 months, 17 days ago) |
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Quote:
meams said:
i can't believe we're debating the merits of penny stock trading.
The only person stating the merits of this stock is Cannashroom.
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"Shmokin' weed, Shmokin' wizz, doin' coke, drinkin' beers. Drinkin' beers beers beers, rollin' fatties, smokin' blunts. Who smokes tha blunts? We smoke the blunts" - Jay and Silent Bob strike Back
Edited by geokills (04/01/13 01:06 AM)
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LiquidSmoke
My title's cooler than yours DBK
Registered: 09/04/01
Posts: 24,983
Loc: S.A.G.G.Y.B.A.L.L.S.
Last seen: 2 days, 2 hours
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Re: Cannabis Science Inc. (ticker-CBIS) [Re: geokills]
#18039414 - 03/31/13 10:25 PM (2 months, 17 days ago) |
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Quote:
geokills said:
Quote:
Cannashroom said:
Woo! Huge day today. CBIS up 40%!! This might be the start of a new run.
Make money while healing humanity and the earth! Sounds good to me...
That is a misleading statement. You started this thread on the 18th, indicating the price of CBIS was around $0.12/share. Though the stock may have seen a 40% move yesterday from Monday's close to Tuesday's close, it is still down for 12 of the last 15 sessions, presently trading at $0.10/share, or a 16.7% loss from where you initially told us about the stock. I wouldn't call that making money. Nor would I have been very happy riding CBIS down to 7 cents had I bought it at $0.12 upon your recommendation. Not to mention, technically, the stock has been printing lower highs and lower lows since February. Trading volume is also anemic, so I have a really hard time believing that this company is investable at all.
This is still my favorite testament to Cannashroom's bullshitting.
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"Shmokin' weed, Shmokin' wizz, doin' coke, drinkin' beers. Drinkin' beers beers beers, rollin' fatties, smokin' blunts. Who smokes tha blunts? We smoke the blunts" - Jay and Silent Bob strike Back
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Cannashroom
Smoke two Joints
Registered: 10/25/07
Posts: 2,103
Loc: Everywhere
Last seen: 1 month, 2 days
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Re: Cannabis Science Inc. (ticker-CBIS) [Re: meams]
#18039526 - 03/31/13 10:53 PM (2 months, 17 days ago) |
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Quote:
meams said:
i can't believe we're debating the merits of penny stock trading.
Tell that to the guy who made $40K in one day trading Fannie Mae two weeks ago. I was in chat when he did it. Massive liquidity on a 50% bounce. Yeah, its not for you if you don't have balls, but its fucking profitable if you're good.
People make millions on penny stocks. But only the people who try do. The people who say oh that's too risky will settle for their 2-10% a year, hoping to outpace inflation.
Fortune favors the bold. If you don't have the balls stay out of the game...
I made a great streak starting Thursday before last.
500-600 FNMA on Thursday.
600-900 SKTO on Friday.
900-1200 SKTO on Monday.
Now I have $700 sitting waiting to pay my rent and I Invested $500 in another stock which is now $700.
So yeah, when I can turn $500 into $1200 in three days I speak the merits of trading penny stocks.
Fortune favors the bold... How are those 10% yearly returns coming? lol...
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"A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness.
This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us.
Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty.
Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security."
Albert Einstein
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