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Radient Technologies Inc V.RTI.H

Alternate Symbol(s):  RDDTF

Healthcare Drug Manufacturers - Major Cannabis
Radient Technologies Inc. is a science-based company. The Company is a commercial manufacturer of cannabinoid-based formulations, ingredients, and products. The principal activities of the Company and its subsidiaries are engaged in research, development, and commercialization of an efficient and environmentally responsible technology for the extraction, isolation, and purification of soluble products from a range of materials using microwave technology and a customized hydrocarbon extraction platform. The Company is focused on the formulation, manufacturing and launching of value-added cannabis products. It utilizes a proprietary extraction and downstream processing platform that recovers up to 99% of cannabinoids from the cannabis plant. It develops specialty products and ingredients that contain a range of cannabinoid and terpene profiles.


TSXV:RTI.H - Post by User

Radient Technologies Inc
Bullboard Posts
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(43)
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Post by Ducksoup000001on Apr 13, 2017 3:25pm
322 Views
Post# 26120017

Nerve Racking to watch this morning........

Nerve Racking to watch this morning........I kept monitoring the trades and did my calculation. It was big blocks of shares exchange hands with low ask price to match the bids for over an hour after open. Several firms were very much into it. Apparently it is a concerted effort to bring the price down once again. SP touched $0.56 (same lowest price like last two weeks when they made the move to suppress it). And once again the stock rebounded gradually to $0.60 before noon time. 

Technically this reversal is important. It could mean a double bottom and the bulls regain control. Overall, we need the price to stay above the current level. The whole morning is scary to watch and not for the faint of heart. Where will the price go? A new trend has not been established yet, in the short term I would like to see it recovers and rise back to $0.68. So far today's closing price may give some hint to us.

Have a great long weekend all.
Bullboard Posts
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