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I reckon anyone selling out today is gonna feel sick in a week’s time!

Well Avihu Tamir the CEO of Kanabo said after yesterday’s jump to circa 20p that it could triple from there so 60p seems a good short term target.

40p barrier smashed!

Bought on interactive investor no problem no delay. I couldn’t buy on Barclays as they don’t do any stocks related to cannabis industry

Smashed the 30p barrier! :-)

There is a vast range of CNS disorders that this product can be marketed at plus sleep disorder. There has been a lid on cannabis related products (until now) but there is strong unmet demand. Kanabo have got in early so in a great place to lead the market this side of the pond.

Not necessarily as expect some profit taking. I just topped up at 25p and will continue to add on any dips as I genuinely believe this will be a hyper stock. The Americans will be all over this stock soon. DYOR and GLA

IMHO I believe this will be a hyper growth stock. Right time right place right product!

Flower garden in the US you have companies like GRWG and CGC

Happy because with a market cap of £70m I believe this will become a multi-bagger. Just look at equivalent shares in the US. DYOR and GLA

Yeah just contacted Barclays and they said they currently don’t trade in any shares related to the cannabis industry. How backward! So I bought on II (interactive investor)

Feel for the company as clearly the advice the bankers gave them on stock price was flawed. Imagine giving away a massive chunk of your company for it to be valued three times higher the same day!

Asos has real momentum now and clearly the brokers have noticed

26 is my guess

Ah I see the Executive Directors sold 6,500 shares each, in aggregate 19,500 shares, primarily to cover tax liabilities arising from options exercised in 2020. £48k of share sales isn’t going to make much difference to the SP but agree it’s never positive PR!

What director sells?? Is this true or just misinformation?

Trying to read between the lines of the RNS. Seems very straight forward on appearance but why invite all of the publicity over recent days and why then put out an RNS simply to comment on this? Definitely something coming just not sure what!

It’s going back up because after such a big rise you always get a few investors cashing out. That’s done with now so the price is heading up again. Usually when pharma stocks receive good news you see the following pattern:
Day 1: huge jump in share price followed by a small sell off and then the price starts rising again
Day 2: further increase in SP from investors who are late to the game or realise the higher SP is being sustained

Massive opportunity here

Already at 28p (up 100%). Isually get a 2 day bounce with pharma so hopefully over 30p tomorrow. If there was an RNS to follow I believe we would see at least another 100%.