Radient Technologies Inc V.RTI.H

RE:Not Selling

[Ducksoup000001]

redshorts wrote:
I think the fact the share price is dropping is a good sign. My analysis of this is that the testing is going extremely well. This info has more than likely leaked to larger shareholders who are probably selling off large amounts of shares intentionally to drop the price. This of course would create panic amongst smaller scale investors like myself and allow them to acquire more shares at a discount right before a huge surge. Just my opinion anyways but tell me if I'm wrong.

Your analysis is interesting and happens to fall into the 'conspiracy 'theory category. I did some thoughts overnight and want to share with this board. The selloff is spreading across the entire Pot sector for the last two weeks in a systematic way. Low to average trading volume every day to the downside was a pattern common to other pot stocks. I believe the Federal budget which the market expects to change capital gain costs the uncertainty and have to do with the orderly selloff. First it was a bleeding then in the last couple of days it turned to a free fall in the last few minutes. Both Canopy and RTI followed this pattern. To me it is the market maker and shorts at work. Considering the magnitude of the retreat in sp from $0.92 to $0.56, a whopping 40% drop, most selling is done. This morning's extended drop are margin calls and some more panic selling. 

What we are looking for is stability to come back soon enough to go back above the 50 DMA of $0.67 . Until then the sp may be able to start the next leg up again. 

Ggood all.