Do you think maybe it might be reps of the debenture holder coming due trying to get the best price on their 50% discounted shares? Who else would have such a vested interest to post as they do?
brianth, there's people like bs on every stock chat room. As though they've been given a role to play. They are just too common for their not to be an organized effort on every stock that trades that has any amount of volume. Yet they claim to not be affiliated with any hedge fund, short position, investor group, et al. They have to be lying.
Theyve all been down for months going into year+... everytime I buy I get buried. I'm waiting.
That makes sense to. Whoever these bashers are they are organized and well informed. They obviously have a motive.
Couldn't agree more. They are either as you note part of a drug company or I'm wondering if they're with a hedge fund that has a short position and also wants to load up when they get the share price low enough. On the IFLUB board I noticed one of the most prolific detractors comment that big money won't come in till the price is low enough. I wonder who that person represents? It seems this bashing and pumping theme exists on all stocks. Remember when Cramer made that famous acknowledgement about how he'd send out his team to beat up a stock? It's on you tube. I'm surprised that guy isn't in prison for that acknowledgement of how the stock market works.
Since Yahoo doesn't allow links, here's the title of the article about the House voting to allow banking.. House Votes To Allow Banking Access For Marijuana Businesses
You should be able to search that title in google and find the article...
Here's another title you can search for the senate side... Appropriations Committee Passes Merkley Amendment to Provide Access to Banking Services for Legal Marijuana Businesses
Both these are at the federal level. I wouldn't be surprised to see the banking laws changed soon and possibly some aspects of how marijuana is classified as a drug that will correspond to changes in prison sentencing guidelines.
The fed level on the senate one... and I'm thinking the fed level on the house too but that if i recall had a date of 2014.. If you google you'll find it.. Sen Merkley is the author on the senate bill that came out of committee ..that was published in the news in the past 2 weeks.
Both the house and the senate have passed through committee bills to allow banks to do business with MJ companies. The senate just recently and was sponsored by Sen. Merkely and the house last year. Also, the state of Oregon has upped their live date for retail sales to Oct 1 and the State Treasurer sent a letter to the fed asking the same thing, that banks be allowed to do business. I'm hoping it the surprise we need this fall.
brianth40, did you see that HEMP announced a 10:1 RS today effective tomorrow. HEMP raised its AS by several billion back in June now its RS. I'm wondering if ERBB is getting ready to do the same thing? I've never come out ahead on a RS, never. I own HEMP too.
What I discovered on the other board was the same posters bashing ERBB these days were doing the same thing back in Dec 2013. What that should show people is there's a well planned and organized group of people who are acting on behalf of the shorts and possibly the debenture holders. This kind of bashing and pumping happens on most stocks but these people deny ever being part of any organized group. That is also why people on the other board, who call these very people out , get their post removed because the mgmt of that board service is part of the con job. Don't forget, a few years back one of the moderators was arrested and served time in prison for assisting in hyping stocks... I think people would be surprised and saddened if they found out who these very people are employed by.
brianth, my research on the other posting site has shown me the same posters bashing ERBB these days were the same ones back in Dec 2013.