Advanced Cannabis Solutions, Inc. (NASDAQOTH:CANN)

CAPS Rating: 1 out of 5

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1
Player Avatar TSIF (99.96) Submitted: 7/23/2014 2:40:27 PM : Underperform Start Price: $5.80 CANN Score: +20.19

Reupp....I like to reupp if I can bank 40 or more points, IF and only if I think it won't drop out as unpickable between my exit and entry..... Invariably, however, the equity, (if you want to call CANN one), bounces back up leaving me out of water for awhile where as it would not have if I left it "alone" to die more slowly....but taking CAPs points out of the bank on a sure thing sometimes means you redeposit part of them for a short time.

VOLUME dropping hard, may be ready for a push back up, but market cap is still North of $60M, which is about $58M too much.

Hit $64 per share earlier this year. Some people are fixated on the "use to be" model of valuation. Volume has shrunken tremendously meaning insiders or partners can move a little and bounce the price significantly.

Old pitch still applies...should be approximating $0.10 some day.....but passing of new Cannibis laws in various states will probably keep it erratic and inflated....

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Cannabis Wannabe, reverve merger shell...has a $132M market cap, or about $130M too much...

See Jed71
http://caps.fool.com/Pitch/CANN/7028729/rather-than-me-opining-on-this.aspx?source=itxsittb0000001

And my old pitch, when CANN was halted in March.
http://caps.fool.com/Pitch/CANN/7035548/otcqb-cann-today-the-securitie.aspx

If you still like this one...donate a buck to charity for each share you buy, and you will feel better later when this one is sub $1.00...

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