Hi All,
Posted this on another thread:
*****
Looks like my QBL Weed Cuppa from Thursday played out after all - even though I copped some abuse on Friday about it.
Some people need to leave their emotions at the door if they want to make money - QBL perfect example - most bashing it and trash talking it but it's up 50% today and 157% since the start of the run.
The trend is your friend - I'll take those gains any day.
Might be worth taking another look at it, with the emotions left at the door.
They will IPO the marijuana (MLC) out as a separate Company.
QBL has more cash than any of the other Weed stocks ($6m+) so makes you wonder why they issued $125k worth of shares to a Large New York based Institutional Investor. The Investor has "given their support for the development of MCL as it moves towards its own IPO".
Support means getting a 10-bagger minimum out of their 0.007c investment = 7c - and pumping it to the sky?!?!?! Nothing, I'm sure, that this investor hasn't seen/done in the US/Canada Weed stocks.
Anyway, do yourself a favour and read the whole announcement per below, without emotions attached.
Cheers,
GB.
