So, $CNNA Had an impressive move on Friday. I think a lot of things took place that day.
On the broker side, I personally think someone was short some shares as it was an easy transition with no restrictions. The brokers were scrambling for sure. On the ask side, it was ultra thin.. Like thinner than I have ever seen it in the past. This was helped get it up to where it is now as there were very few shares available to trade.
On the investor side, I know people are extremely confident that CEO Black is moving in a positive/forward direction with $CNNA. The first big accomplishment was the share reduction of 7.3B. That was a huge move I, and others have never seen before. The second is the company itself. Patrick King and CEO Black look like they work very well together. There is an extreme need for equipment for the grow operations in MJ/CBD. Third the name change. This from what I have been reading a grueling task and is not as easy as one would think. CEO Black has followed through with everything that he has said. $CNNA has just begun. I believe we will be seeing news and filings in the near future. $CNNA isnt like your regular penny stock. There is HUGE potential here to hit multi pennies soon imo.
There is tons of DD out there. DD Dempsey has been posting strong due diligence for some time now. When I get a chance, I will post some due diligence here!
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