Can B Corp (CANB)

[PoorTrader500]

If anyone is having a hard time believing that this is going lower, compare the price movement to EDXC. (EDXC has been used by nearly all to makes comparisons to CANB)

Had a huge run up last year, peaked and then sold off/diluted 85% of the gains.

In October, it broke the 50 day SMA, ran to $.20 for a couple of days, then sold off/diluted 60% of those gains, leaving longs with a total loss of almost 90%.

Now, EDXC is hovering around 52-week lows- again.

The charts are almost identical, the companies are pretty similar, and the dilution is pretty much the same, except CANB is trailing EDXC by about 3 months.

Don’t day you didn’t see it coming.