Green Cures and Botanical Distribution Inc (GRCU)

[Odessa99]

•••> With the overall downtrend during the past couple of months, it is easy to make the mistake of believing that GRCU is destined to continue the downward drift into oblivion. Although every stock has a unique chart, below I have posted the chart of another company (NTE*) which I believe demonstrates similar price movement as GRCU, and also demonstrates the upside potential once consolidation has occurred.

After bottoming at under one tenth of a penny in late Nov '12, an uptrend began in NTE* which brought it to copperland. After peaking at nearly 3 cents in early Feb '13 (up thousands of percent from the Nov bottom), it spent the next few months drifting downward, and stood at about a penny a share in mid May '13.

So after peaking at around .03, it had lost two thirds of the extraordinary gains over the next few months. At that point, those still holding had to be concerned that is might drop back into the sub-pennies never to return to copperland.

Just as with NTE*, GRCU had quickly run from tripps to multipennies, only to drift back down to about a penny a few short months later.

But just as NTE* holders were likely beginning to lose hope, those who continued to hold were in store for an extraordinary run... one that would dwarf the original run which had peaked at 3 cents. After drifting back down to the 1 cent level, NTE* went on to hit a high of 13 cents per share a couple of months later, and then ran to 17 cents per share about 4 months after that.

So my point is that after a massive move upward (such as GRCU has made), from the land of triple zeros, price consolidation is almost always a necessary evil. It allows shareholders with an entry price far lower than the current share price to be replaced with newer buyers much closer to the current price. This process, as most already know, provides a much more stable foundation, allowing for higher highs on the next run.

Although anything can happen with the respect to share price in OTC land, it is my opinion that we'll be seeing new 52 week highs for the GRCU share price within the next few months.

As always, simply my opinion.



GRCU