No good deed goes unpunished, as the saying goes. On first impression, that’s what happened to Dr. Robert McClendon, a Texas physician. He lent $100,000 to a business to cover its payroll. And then he got hit with a $4.3 million IRS penalty for the company’s payroll taxes, a penalty that was just upheld in court. But, as often happens with taxes, the situation is more complex. The....More>>>
CBIS stock, or Cannabis Sciences Inc. (OTCMKTS: CBIS), is up another 13% today (Thursday) after it soared 30% Wednesday.
Based in Colorado Springs, Colo., Cannabis Sciences develops a wide range of cannabinoid-based pharmaceutical products. CBIS stock is running ahead of the multistate marijuana legalization vote on Nov. 8.
And this is just the most recent surge for Cannabis Sciences....More>>>
Note from the author: I have no prior or existing financial relationship with Joe Lowry or any of his business interests. I have no business relationship with any company mentioned in this interview, nor I do own any shares of any of the companies mentioned here.
This is my fourth interview of “Mr. Lithium,” Joe Lowry. (Do people still call him that?) Following Joe’s advice....More>>>
Combine Florida man, a penny stock, a brand new cryptocurrency and multi-level marketing. What could possibly go wrong? That was my thinking when Ernie Land told me about Sunshine Capital Inc and Dibcoin. Sunshine Capital which plans on acquiring businesses has Rx Smart Coffee as one of its targets, so they are taking advantage of Ernie’s expertise in multi-level marketing.....More>>>
With legal marijuana sales in North America expected to climb from $6.7 billion in 2016 to over $20 billion by 2020, the prices of some marijuana penny stocks will skyrocket right along with the 198% increase in sales.
Marijuana penny stocks are still speculative investments, and only some will see their share prices jump thanks to the industry’s growth. But we want to make sure....More>>>
These are the 10 best penny stocks that have seen the biggest returns over the last week (March 7 – March 14)…
Penny StockCurrent PriceWeekly Gain (March 7 – March 14)Ocera Therapeutics Inc. (Nasdaq: OCRX)$1.47+147.1%Internap Corp. (Nasdaq: INAP)$3.28+41.4%Soligenix Inc. (Nasdaq: SNGX)$2.94+40%Navios Maritime Partners LP (NYSE: NMM)$2.63+37%QuickLogic Corp. (Nasdaq:....More>>>
Jim Cramer fills his blog on RealMoney every day with his up-to-the-minute reactions to what’s happening in the market and his legendary ahead-of-the-crowd ideas. This week he blogged on:
How bank stocks must be doing if even Wells Fargo is gaining How Donald Trump and fossil fuels mix
Click here for information on RealMoney, where you can see all the blogs, including Jim....More>>>
Valeant stock is down big again today, after Valeant Pharmaceuticals International Inc. (NYSE: VRX) reported disappointing Q3 2016 results and guidance.
Shortly after today’s open, the Valeant stock price was down 20% to $13.80. That marked its lowest level in at least six years.
Here are the key highlights from the disappointing Valeant earnings report…
Twenty-nine states, theDistrict of Columbia,Guam, and Puerto Riconow allow medical cannabis, with eight states plus D.C. permitting legal use of recreational weed and Canada on track to do so next year. More publicly traded marijuana stocks are now available, which presents opportunities for investors.
However, there are challenges alongside those opportunities. Here’s what you need....More>>>
Fox News host Shepard Smith had been on air for all of a minute on Tuesday when the angry tweets started piling up.
Smith had resumed his ongoing critique of Donald Trump, mocking the White House’s complaints about anonymous sources and the president’s refusal to release his tax returns.
The anchor’s Twitter feed, meanwhile, was flooded with calls for his job.....More>>>