CV Sciences Inc (CVSI)

[Ill like Kobe]

Helpful post. I noticed that the marijuana small-cap sector has done a good job consolidating and is apparently gearing up for another profit cycle so I'm here checking out their charts and checking out what's happening on the hub here.

I don't really fancy how CANV operates judging by its' chart either. The way that it operates we see big chunky buys followed by immediate dumps. Trading is inconsistent and clearly liquidity is something for significant shareholders to be concerned about. Seems to be a very disorganized vehicle with rampant short-term manipulation from those who are willing to invest just $100,000 or so. A $500M+ market cap is also concerning of CANV considering it's lack of average daily volume.

Seems like there are a lot of people stepping on top of each other here, with a big supply it'll be easy for traders to get mean, especially if just a few key shareholders positions are over weight or under weight - that could have a huge impact on day to day trading. The 5 day here looks mean.