Thanks Kgem, it`s trading at 0,049 dollars now. It had a
Thanks Kgem, it`s trading at 0,049 dollars now. It had a run nov-dec 5 weeks with about 600% gain. Now fallen down about 50% of the top value in dec. It`s announced good news coming this month, hard to say "how good" and how the market will react in the short term.
I reckon there will be a new climb sooner then later, depending on many factors that it`s hard to get insight in. If I shall try to make a forecast; at least triple sharevalue within this year.
It`s a good stock in my opinion to diversify ones investments in a strong but new market (MMJ and HEMP) outside US, considering so many questions still to be solved in legal MMJ on federal/state level in US.
The first buyout bid has come and got refused. I think all players in the industry follow each other - that said it might has attracted some notice on the larger players to give a better offer to QBL.
This one has it good and bad as must stocks - the name of a mining company is not ideal, that will change in some way. They might do a split and divide this stock as 2 stocks instead, time will tell.
Mrs Feldman has done great deals in the past - that is a important reason to trust the company. With 15% of shares in management and another 15% within a Group of 20 friend/family/Associates - she/they put the money where the mouth is.
I´m in it for the long run, they have a brand new collaboration with a university ranked at the same level as MIT, that contract is for 3 years. (See board and website, do your due dilligence, good luck)
Robert
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