CANAAN (CAN)

[ClayTrader]

* * $CAN Video Chart 06-02-2020 * *

Link to Video - click here to watch the technical chart video

[price_and_volume]

Nobody cares, but Class Action Lawsuits underway:

This was on many Crypto & Blockchain 'watch lists', but Price/Volume action never triggered any actual buying, which is one reason this board is dead. Imagine if they IPO's on the OTC for .001 - then there would be 10,000 posts by now (and a 100 bag-holderz - we all know who).

Anyway, the Ambulance Chasers are all over it

"$CAN Lawsuit on behalf of investors who purchased publicly traded securities of Canaan...in connection with the Company's November 20, 2019 initial public offering."

According to the filed complaint:

(1) the purported "strategic cooperation" was actually a transaction with a related party;

(2) the company's financial health was worse than what was actually reported;

(3) the company had recently removed numerous distributors from its website just prior to the initial public offering, many of which were small or suspicious businesses; and

(4) several of the Company's largest Chinese clients in prior years were clients who were not in the Bitcoin mining industry and, thus, would likely not be repeat customers.

[wildeye420]

High Revenue hardware company, Bitcoin bull market the next 1.5 YEARS

[wildeye420]

1/3 IPO price... most share bought above this PPS

[wildeye420]

This thing is ready... China is getting going again, BTC set to explode

[Manwaring]

You have shared quality services. Thanks.

[brandao]

Put this on my watch list and pooooooof

[ClayTrader]

* * $CAN Video Chart 02-12-2020 * *

Link to Video - click here to watch the technical chart video

[davidsson10]

+$$$ CAN

Booked.

[makinezmoney]

$CAN: Chinese Blockchain heading straight down


https://canaan.io/


Now at $4.68 from $12.50 just weeks ago.


Where's the bottom ?


Maybe $1.50



GO $CAN