Member Info for Takayama

Have I missed the boat? I sold out my holding of KNB this morning. I've some spare change I need to do something with. Has the RNS already been priced in or is there further to go today and beyond? Thanks

Yes, that's correct

They don't deal in cannabis related stock

Breached 50p, on it's way to 60p now.

Going back up

Different price all the time because the price is going up literally by the second.

It's going to shoot past 50p.

If you put up £2, you need to be pretty confident of a solid rise.

Barclays won't deal in cannabis related shares as far as I can make out. You'd need to go to a new platform. There are some I think are very quick to set up. May be worth it.

I think Robert Breckon feels he got his fingers burnt when he sold out yesterday and bought into MXC, only to see them drop. He's looking to buy back into KNB.

Trademaster: Here you go: https://primarybid.com/offer/152

Is that a £2M buy at 1801 @ 40p? Apologies if already discussed but I'm just curious. That surely means 'the ship has not yet sailed'?

It's a nice RNS. Good luck guys. I'm not in (invested elsewhere), but I'm happy for you. This is the link if you need it.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02343025-6A1020926?access_token=83ff96335c2d45a094df02a206a39ff4

err - tuesday morning!

Kumarr - it's impossible to say what the rise will be tomorrow. Usually there is a rise for a few days when there is a hot stock in a trendy area issued, though the pace weakens off as people become nervous. Effectively we had a bigger rise today (100%) then yesterday (50% given the opening price was 13.5) so today was a good day. It would be a bit odd for it to not continue to increase, so I remain in. The CEO believes it should have been a 60p a share company from day one. So I think a lot of people are expecting anything beyond 60p to be the 'potential' addition. There are always naysayers claiming that it can't go any higher. I was in at 0825 on Monday morning and saw the posts of claiming that 20p was too high and they were waiting for it to retrace. But I'm with everyone who is looking at the sector as a whole and first mover advantage. There may be a sector bubble forming (like the dot com bubble of the early noughties), but we are at the very early stages, so it's a good time to at least hold imo.

RobertBreckon, If I were you, I'd come back into KNB at least until it hits the CEO's valuation of 60p. There is plenty of room to make profit before then.

RobertBreckon - Yes, but MXC appears to be falling. Is that why are you ramping it here?

I always regretted selling my Apple shares in the mid 2000s. When I did, I was pleased with the profit, but too proud to buy back in when they continued to increase. Instead I continued to speculate (to accumulate) but to be honest, I wasted a lot of time. I should have just held. When you are lucky enough to get in on the escalator, better to stay there until you get to the top. We'll get to the top of this one sooner, that's all. But there is no way this is a 50p a share company. Perhaps £1, but likely more imo.

Whoosh! Shooting back up!! Bargain pickers called the bottom! Nice one!

KNB creeping back up. Oh dear, if you sold, I hope you did at a profit!