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Re: LastCawl post# 19687

Wednesday, 09/18/2019 12:34:30 PM

Wednesday, September 18, 2019 12:34:30 PM

Post# of 30459
You do know that the last run occured because of the 10-K annual report release correct? Companies always issue a PR for earnings reports, so I guess that is being considered a "pump"?

April 16th Canb closed at .04, and earnings were released after close for 2018 annual. The rest of April, it climbed to .062, before the bottom dropped out of the entire sector, including Canb.

And if you think that is just making excuses for Canb going from .062 to .02 over the summer , take a look at CVSI:

On 3/25, CVSI was at $6.26. Down it went, and hit a 52 week LOW today, or a loss of 55%.

Pretty much every other cannabis company has followed the same trajectory. Looks to be a case of bad timing, which we all have been subjected to investing in any cannabis stock.
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