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Re: Det_Robert_Thorne post# 2062

Saturday, 07/19/2014 12:06:02 PM

Saturday, July 19, 2014 12:06:02 PM

Post# of 83028
I was saying that $100 plus was extremely over-value as I was pointing to the article and agreed. But at $7 a share is now in oversold zone. Most the shares you mentioned have been off restriction for a month or more and most of the sharp decrease in PPS was short selling.
http://www.otcmarkets.com/stock/CANV/short-sales

The peak was in April as PPS started to crash. So to make clear. I agreed with your article about CANV being Way Way over valued at $100+ but I don't agree that this will go much lower.

I was trying to find article about CANV and the MJ industry that just came out talking about bargain shopping. Last fall the people who got in and waited made a killing in Jan. and I think it will happen again, since prices are now very attractive.

MJ industry is booming! So its only a matter of time before the longs get their boats lifted. By end of year, you are going to see boom again. From the charts it looks as if $7 is support for CANV and its not crashing to $1 as most on this board keep predicting. I am just saying... bargain buyers are started to come in supporting these prices.