This company was extremely oversold in my opinion. Medical MJ and recreational MJ are going to be around forever and ERBB is involved at the right time.
I don't put much weight on charting most OTC, especially sub penny ones. We may have seen the end of this bubble @.004. My guess is as long as the volume is back down, it's trickle down from here as those that have profit take it. There really wasn't a lot of money traded in this bubble.
You never know, anything can happen in penny land, It could skyrocket for no reason.
It just needs to hold 0031 to stay above the 50. As long as that support level holds, it will go into 004's. But it's too soon for a run at the 200 @ .008, just too much profit on the table for those buying right now to create the .0032 support. If it goes over .0065, there will be strong headwinds. But I think it is clearly setting up for a run and next cycle in a month or two, will take a crack at the 200 around that same level. It may see .01+ by end of year, but suspect that will simply trigger a deluge of derivative share dumping that will make any short term profit taking dips seem tame. So, still a rather tepid mid term investment, but looking like an interesting short term play again.
The operative time period SS was referring to was "right now", though there is no doubt in my mind at all that everything ERBB is doing right now in regards to setting up a "seed to sale" business model, is intended to let AG dominate the industry when MJ is removed from Sched I status.
Any company that sells marijuana or makes money from the sell of marijuana can not be listed on the stock market. so you should not make statements about American green selling thc products you could get company suspended. "We cannot make profit from the marijuana flower" And yes American Green has done lots of partnering with other companies and those statements are only mentioned once in a news letter sent out by Skye. Did you hear the one about USEI partnering with American Green to extract CBD, or the grow facility that they "were" creating with them? You see Erbb has a history of sending out fruitless press releases trying to keep itself relevant. EDX is also a vending machine company, the only way they can make money and legally list themselves on the pink sheets is through the sell of their vending machines not the sell of marijuana. In closing I do hope you are right. I've invest $12,000 into erbb and have lost more than 90% of that. I am only trying to help those who might get caught in the green rush.