RE:RE:Kushman thoughts? KushMan wrote: Hi Eric.. Happy New Years to you and yours also.. Erictrader101 wrote: Kushman! Happy New Years. You always have the best break downs, what’s your thoughts after today?
Instead of typing out a whole new message I'll copy and paste a discussion I just had with another UMB shareholder via PM.
NOTE: These are MY OPINIONS and MINE ALONE so if anyone reading this has a problem with that, to effin bad, I'm sad (not really). Hey kush. What do you think woukd be a good sp entry on umb
I'm still holding it.. It will pop sooner than later.. The other one I mentioned yesterday took off on thin air.. Waiting for it to come back to earth and it will as it's not ready to fly yet.. LOL
Not sure yet as a lot of people couldn't get their sales orders out. My Response: I sold about 3/4's of mine today to hold 200K for free just in case it pops or does whatever from here.. I'm thinking there will be some downside still and if is see it go below .60 in the next couple of days, I will be selling the rest of it to buy it back cheaper. Cheers Oh you did well on this one congrats kush. Well i guess if it gets to 50 or 55 ill pick up a bunch. Not sure yet as a lot of people couldn't get their sales orders out. My Response: If it was me I'd wait until there's a reversal.. Today was just the first day and if it stays up here for another 9 days, there's going to be another 47,000,000 10 cent shares coming out.. Millionaires are being made on this one.. Cheers ------------------- Q. Where do you see this stock before the legalization. You say its gonna make millionaires. I shoukd buy it My Response: I meant it's already made some people millionaires.. Do the math.. There are a lot more people that had a lot more shares than I did and they are taking massive profits especially those private placement holders. Let say you bought 1000 units of that PP.. Total cost 600.00 (.06/share).. Sell today for 0.70 which ='s 7,000.... Profit 6,400 Go back and get the other 1000 (profit drops to 5400 after spending another 1K for ten cent shares) and sell it again for another 5,000 (even at .50/share) .. Total profit $10,400 A 550% gain is not chickenshite. They also granted themselves 14 cent options for another 10.05M shares .. You don't think that's coming out now??..
You bet your butt as that's another 540% profit into the pockets of the option holders. I'm thinking we are going to be able to buy back in around .40 pretty soon but that's just my guess... Cheers...
I Liked this company but after all this share dilution, I'm not so sure as they still have a long way to go to before get licensed.. If one thinks they will get their sales license and be in production before July 1/18 they better go to the HC site, do some dd and have a few more tokes after they read what it takes to get one.
BTW, I just got my new one from HC in the mail today :)
Can't wait to get those new bionic hips and put them to work :-)))))))))) ...
Cheers..
Although I'm not taking the risk selling my .03 cheapies for this pullback I'm on the same page as Kushman. I've been long on this for a while but that's a lot of cheap paper . Like I said CANN shareholders better hope they get a pullback and some of the cheap paper out of circulation or it will be rough late summer trading .MMJ did 40+ million in volume in consecutive days to push it's cheap paper. Warrants don't expire for 2 years so I expect some to hold on for a bit but there will be some that sell in a panic when the dip comes . I'm now sitting on the bid hopefully waiting to catch that knife ;)