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Saturday, October 14, 2023 1:30:39 PM
If there were any Good News yesterday why CBGL declined back to 0.00025 again later from the daily high 0.0004?
CBGL has 14B shares Huge AS and 4.3B shares Diluting OS v.s. its Similar-OS-count & Same-Cannabis-business peer (SUTI) has 8B shares Low AS and 5.7B shares FIXED OS!
The cash to buy 405,154,280 shares of CBGL at last-month-high 0.0007 is able to Buy Out the ENTIRE Float of SUTI at current ridiculous low bid 0.0001!
So, CBGL is Extremely Overvalued now v.s. SUTI is Super Undervalued currently!
Also CBGL is at Extremely Overbought status v.s. SUTI is at Hyper Oversold status!
Note, CBGL and SUTI have the Same most recent high 0.0007!
![Bullish](/static/images/ih2-bull.png)
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