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Friday, April 25, 2014 5:13:39 PM
First of all, I am not sure whether or not a comparison between these two companies is apples to apples or apples to oranges. Just info...
CANN PPS when suspended was $30.00. These are the closing prices and volume since coming off suspension:
April 10 - $18.50. 153,877
April 11 - $13.80. 111,400
April 14 - $11.90. 97,746
April 15 - $13.25. 37,788
April 16 - $20.00. 97,860
April 17 - $22.40. 84,712
April 21 - $21.71. 38,765
April 22 - $19.50. 37,970
April 23 - $18.16. 26,646
April 24 - $16.00. 28,179
April 25 - $15.00. 17,097
CANN volume the 10 days before suspension ranged from 48,402 - 347,929.
CANN dropped to a low of $7 the first day (76.7% drop) before rebounding. PHOT dropped to a low of .10, or 80%.
Interesting the lowest days for CANN on the grays were days 2-4. It was down 60.4% at the end of day 3.
Volume has been dropping more or less day by day.
The highest PPS days were days 5-7.
Take from this what you will, just sharing because somehow think it's relevant.
TM
If you can gamble your entire stake on a single game of pitch and toss, lose it all, and keep your head about you and your tongue still, the world is yours... and what's more, you will be a man, my son.
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