CBDS up 46% in days since our alert

Published: Tue, 07/09/19


 


Good evening all,

Our latest long term trade idea, Cannabis Sativa Inc (CBDS), has been on fire.

We alerted you to CBDS at $1.33 last week and today the momentum really kicked in, hitting a high of $1.95 and closing at $1.93. That's 46% upside.

You can read our original profile below.

Because CBDS has been beaten down so much over the past several months, we still believe there could be plenty of more upside to come. We are closely watching how it handles trading around the $2 mark. If it breaks this level, we could see a major short squeeze.

So keep watching CBDS and congrats if you took this trade idea.


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Subscribers,
 
We've got a brand new trade idea that we think is set up for a major oversold bounce.

The ticker is Cannabis Sativa Inc (CBDS).

CBDS is currently trading at $1.33 and its been on a downwards move from well over $4 back in January. 

In fact, the 52 week high is $8.50, and the 52 week low is $1.22.

We think CBDS is perfectly positioned for a major bounce higher.

And CBDS has a glorious history of some major moves. 

As you can see below on the chart, it ran from $2 to $8.50 for 325% upside in just over a month in August last year, and from around $2.70 $4.40 for 60%+ gains in just a couple weeks back in December.

And there have been many more small moves along the way.

Cannabis Sativa, Inc. (CBDS) is engaged in the licensing of cannabis related intellectual property, marketing and branding for cannabis based products and services, operation of cannabis related technology services, and ancillary business activities. CBDS licenses the "hi" and "White Rabbit" brands, holds a U.S. patent on the Ecuadorian Sativa strain of Cannabis, a U.S. Patent for a marijuana lozenge; a Cannabis-based pharmaceutical composition for the treatment of hypertensive disorders by submucosal delivery and trade secret formulas and processes, and operates subsidiaries including:
The Company is the official licensee for Virgin Mary Jane Brand (https://virginmaryjanebrand.com). In addition, CBDS seeks strategic partners for acquisition of operating companies, intellectual property and other assets which fit within the CBDS corporate vision.

The Company recently announced that PrestoDoctor (https://prestodoctor.com/) is now offering their online Medical recommendation services to cannabis patients in the "Show Me" state of Missouri. PrestoDoctor, the #1 patient-rated medical cannabis telemedicine service brings years of experience and compassionate telemedicine care to the emerging Missouri medical cannabis market. The Company's Co-Founder & COO Rob Tankson, shares his excitement about the expansion, stating "our proprietary telemedicine portal is now providing Missouri's cannabis patients easy and confidential access and education with an online appointment with a licensed medical doctor."

PrestoDoctor launched in California in the summer of 2015, and has since expanded into Nevada, New York, Oklahoma and Missouri. PrestoDoctor has facilitated over a hundred thousand appointments and maintains the highest customer satisfaction rating for any telemedicine service online. PrestoDoctor has over 4,000 5-star reviews, and is the first medical marijuana company to be accepted into the American Telemedicine Association. PrestoDoctor is HIPAA and HITECH compliant. PrestoDoctor plans to continue to expand its services in 2019.


Conclusion...
 
Get CBDS on your screen as we think there could be a major oversold bounce coming.

And with its history of making some epic moves, the bounce could be big and fast.

Have a great trading day.



All the best.

SmallCapMomo.com

picks@smallcapmomo.com
 
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Remember our key trading rules when trading. Capital preservation is key. Keep your stops tight, and if things don't go your way, cut your losses and look for another opportunity.
 

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