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Canntab Therapeutics Ltd CTABF

Canntab Therapeutics Limited is a Canadian phytopharmaceutical company focused on the manufacturing and distribution of a suite of hard pill cannabinoid formulations in multiple doses and timed-release combinations. The Company’s operations comprise a single segment engaged in the medical marijuana business. The Company’s hard pill cannabinoid formulations provide doctors, patients, and consumers with medical grade solutions. These include once a day and extended-release formulations. Its products include INSTANT RELEASE - (IR Tablet), EXTENDED-RELEASE - (XR Tablet), and ORAL DISSOLVING - O.D. Tablet (ODT). The IR Tablet is a release profile for solid hard tablets. The XR Tablet is a phytocannabinoid vehicle that is designed to directly address the drawbacks and challenges of competing oral delivery systems. ODT is specifically designed to dissolve directly in the patient’s mouth, with an onset of action between five and thirty minutes.


GREY:CTABF - Post by User

Canntab Therapeutics Ltd > Sudden drop
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Comment by variouson May 23, 2018 1:14pm
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Post# 28070405

RE:Sudden drop

RE:Sudden drop
cabz wrote: Anyone have any idea why this has dropped today. No news?


If you take a closer look it's pretty obvious.  The day started off with a retail investor wanting out, and rightfully so probably bought in the .60 or .70's, wanted to see how far it could go, saw that it plateaued a bit then just wanted out.  Because this retail investor had a decent amount of shares that he/she didn't care to sell into the bids, it hit a few brackets down and then in turn triggered a other retail investor's stop losses domino effect.  That's why you see it go so low and then bounce back so quickly from the day's low on such low volume. I see one active flipper joined in on the bounce by the trading patterns.  Now the action will be around here but not really worried about this going back above $1.  If you have extra cash I'd load here.
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