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Grabbed a position here for a long term swing. Like the news yesterday and the projected revenues of $30M once they harvest from the new facility in Q3. Just need to churn through the rest of the overhang and I think this one will move nicely once that is past us.
Do we know the RS ratio ?
CPMD...0212...ASCM shorting on the Ask and covering on the Bid here...I am adding here...:partying_face:
Cannapharmarx (PK) Quote Info
Trades 1,753
52 Week Range 0.0105 - 0.68
VWAP $0.034886
DollarVolume $1,348,971
Volume 38,667,753
GhosT
Give me some .01s
Wow this is gross dilution - fck the otc
yep, thought i was crazy when i thought it would hit .01 before 04, i was close, it went back over .04 for a little bit, but i believe it'll drop under .02 here by 4:00, company has MILLIONS more to sale
Might close Red...
Sheeeshhh...
GhosT
Selling over. Reversal has started.
For up to 0.17 per share, Company needs the cash to get things moving, this is a good thing and 300 Mil is truly nothing in the otcbb. That's still 0.10 cents a share with a total company evaluation of only 30 Mil a normal P/E Ratio would have this trading much higher than that?
15 mil shares bought 15 mil sold, makes no sense, where did those 15 mil sells come from, they were not traded recently, Longs? Why would they sell now, either missing something here or this stock has a BIG increase coming.
Read the filings .17 seventeen cents per share.
I agree with you. I am holding too.
Just your guess. Investing is a risk, but with low rsi and 52 week high of .68. Im in at bottom.
I could take profit, but I am holding for .10/.20 min.
Each has a choice and investment style.
SS is very nice regardless. Whether there is dilution or not. Only time will tell.
Market Cap Market Cap
2,774,966
01/05/2022
Authorized Shares
300,000,000
12/31/2021
Outstanding Shares
126,134,810
12/31/2021
Restricted
33,909,814
12/31/2021
Unrestricted
92,224,996
12/31/2021
Held at DTC
90,035,949
12/31/2021
CPMD is currently diluting 135 Million new shares, so you guys are paying the lease rents for the company. LOL!
I guess people don't like that News...
My 0.035s not looking good...
GhosT
@.17 cents not too worried!
CPMD
Agreed. 52 week high .68 from last year. So this can move easy when people find.
CPMD, this really has a great setup , let it churn a bit and watch . check it out here and news is solid. Under the radar, folks will pickup on it. Low float and just a news OTC drop like normal, it will hit scanners with this volume and people will become aware of it .
The profit takers just got out , watch and see.
--
https://www.otcmarkets.com/stock/CPMD/security
Patience most do not even know about this low float gem with huge news yet. When they do CPMD should be running well over .10 fast.
I took a starter here, let's see where we go.
CPMD
CPMD is also on top of the OTC most trades list and we are the top percentage gainer today. This one could easily see .10 plus fast.
Tiny OS 125 million shares we should be .10 plus soon!
CPMD News: CannaPharmaRx Completes Long Term Lease for Cremona Production Facility Which Should Yield 6,000Kg ($30,000,000)/Year
https://finance.yahoo.com/news/cannapharmarx-completes-long-term-lease-144000465.html
Stay away and chase it tomorrow or next week. This is going to cross .10 by tomorrow or next week.
Nope! $CPMD, diluting 130 Million new shares currently. Here:
Diluted 20 Million new shares in Dec. O/S increased to 125 M from 105 M in Dec. 2021.
https://www.otcmarkets.com/stock/CPMD/security
Still 115 Million new shares dumping to the markets: total: 135 Million new shares are issued:
https://www.otcmarkets.com/filing/html?id=14955763&guid=nTSwkW68_wPHOth
would be nice if the "news" would state they are selling millions of shares to raise money for this.
CPMD could trade the entire OS between today and tomorrow, maybe even today!
People are just starting to see news. Those are pretty good numbers! I may have to go long on this one..
CannaPharmaRx Completes Long Term Lease for Cremona Production Facility Which Should Yield 6,000Kg ($30,000,000)/Year
https://finance.yahoo.com/news/cannapharmarx-completes-long-term-lease-144000465.html
i was wrong, and admit it.
Wrong! Looking like .05 to .10 next though!
i admit when i was wrong, and in fact i was wrong
MM ASCM running out of shares, back over 0.04 already, 0.10+ tomorrow Go CPMD
ASCM endless shares for sale at .0369 Notorious Shorter
this most likely will see .01 again before .04 again.
Market cap less than 3mil. X 10 is $30,000,000. .02X10=.20+
However, that is only one year…
The 52 week high here is .68
Looking very good. $30,000,000 per year mentioned in news.
CPMD....0382...Push ASCM outta there and Break/Hold the 200ma and things will get crazy with this SS...imo...we shall see...:partying_face:
Resistance point is .06 range... then 200ma then .15...
Should see .10+ I would think.
CPMD...04s clearing here...:partying_face:
[9:46 AM]
georgie18 — 01/04/2022
CPMD...0191...Strong Marubozu Candle pushed CPMD passed the Upper Bollie as the seller left the box yesterday...Lets see if the seller stays away today...
Chart... https://schrts.co/GNwSrZxh ...:partying_face:
Diluted 20 Million new shares in Dec. O/S increased to 125 M from 105 M in Dec. 2021.
https://www.otcmarkets.com/stock/CPMD/security
Still 115 Million new shares dumping to the markets: total: 135 Million new shares are issued:
https://www.otcmarkets.com/filing/html?id=14955763&guid=nTSwkW68_wPHOth
CPMD...0191...Strong Marubozu Candle pushed CPMD passed the Upper Bollie as the seller left the box yesterday...Lets see if the seller stays away today...
Chart... https://schrts.co/GNwSrZxh ...
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