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Old 03-01-2012, 09:22 PM
KentalCowtipper KentalCowtipper is offline
Sarnak


Join Date: Jun 2011
Posts: 216
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Quote:
Originally Posted by Orruar [You must be logged in to view images. Log in or Register.]
The price was at 0.16 when I said to sell. It's now at 0.116. Hope you cashed out some of your lottery winnings. At this point, you're the chronic gambler who just won a roll of roulette, and now you're putting all your winnings back out on the table, in hopes that they live up to the recent hype.
Orr thanks for the concern man. Read my earlier posts - I did cash out a good chunk at .2215; then bought more with some of the profits. I had 60k shares averaged in at .021. I sold 45k at .2215, then bought back at 25k at .16. Leaving me with 5k profit and 40k odd shares that are 100% free and paid for.
Whenever I hit a 2 or 3 bagger or more (like this but not very often do I see a 11 bagger) I always try to protect profits yet freeroll a sizable chunk too. Wish to god I would have done that with JAZZ back in 2009. I got in at .16 but got greedy and sold my entire position at 1.40. I was convinced it would tank. I ask myself to this day why the fuck I didn't keep 10k or even 5k shares. 10k shares would be close to half a million today [You must be logged in to view images. Log in or Register.] Why I leave some of the profits on the table as freeroll shares.

How is that chronic gambling? This stock is highly volatile. After rising from .009 to .245 in 2 weeks its going to need to gap down and fill the gaps - 74 million shares traded today. It had a couple of days of 50%+ gains in a row; today it retraced 30% and filled a lot of the gaps. My only regret with CBIS is that I wish I would have waited until today to rebuy the 25k shares instead of yesterday- would have been freerolling over 50k shares instead of 40k but oh well. I can't get too greedy.

Keep an eye on this and you'll see it hit .25+ in March; likely within the next week when biopsy results come out.

And FYI - check after hours and the Lev2 bid/ask stack. Its not down to .10 a share - closed at .1165.

CBIS CANNABIS SCIENCE INC COM
0.1165 -0.0465 (-28.53%)
Bid 0.1021 Ask 0.17 Vol 74,701,064
Real Time Quote by OTCBB @ 8:20:55 PM EST