Charlotte's Web Holdings Inc T.CWEB

PP closed at $6.75

[StocksMaster]

and here we are at $5.3. Anyone with an educated guess can tell me what's going on here ?

[Oldweed]

Perhaps this will help put things in perspective, we just financed a huge 72 mil and change with stock so it is normal the price drops. In addition sector momentum is weak and down and you will have shorts taking full advantage of this. Shorts will ride it down until the risk is to high ( we are already there) and I believe we are oversold most likely due to retail panic as volume isn't high

[wobermey1987]

Agreed. We're pretty much in a holding pattern before the FDA comes to a decision and releases its framework for CBD.

[widrig]

Best post I've seen on this board. Adding more this am, $5 range is an absolute  gift imo. 

[Michalli5780]

back up a little to 5.44...any words of encouragement? This is my first experience with the stock market. I hope that nosedive was just a hiccup. 

[charlottesweb]

I put 5k at 6.25 and said I’d double at 5 now I own 1800@ 5.55avg could drop but can’t see it staying under 7 for to much time. Lots of good cbd talk and they have a good share structure/ market share with cash in the bank 

[stkinvestor75]

almost same for me, 1400 shares @ 5,45$

[TRIPandROGAN]

This post has been removed in accordance with Community Policy

[JaCkSnap]

Thats' funny, me too, but 554avg/share.

[Way2TgO]

This post has been removed in accordance with Community Policy

[JaCkSnap]

Looks like you didnt see that coming we're now @ 4.27, thanks.

[wobermey1987]

Now $4.19 is our new low.  THANKS DEANIE ELSNER!!! GREAT JOB TAKING MY MONEY AND BURNING IT IN A FURNACE!!!

[widrig]

52 week low was 4.08. CBD sector needs some positive direction from the FDA plain and simply. September 14th should be interesting, need some good news. 

[wobermey1987]

A director just quit today, no notice, never coming back - because he has worthwhile ventures to look after. This is absolutely ridiculous. Fire Deanie Elsner. We need an actual leader now. Share price is collapsing by the day. Something needs to be done.