TSXV:CVM.H - Post by User
Comment by
Nastroon Mar 18, 2019 5:15pm
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Post# 29502851
RE:RE:RE:Manipulation
RE:RE:RE:ManipulationDon’t think there’s much question it’s being shorted. We have seen this sort of thing 5 or 6 times at least now over the last 18 month or so. At some point I fully expect the price to break out violently - most likely catalyst will be FDA Approval. Then when it passes the pain point all those shorts will be forced to cover at any price. Then they move straight away to forced buyers at any price. It wouldn’t surprise me in the least if this rockets to $1.00+ in the space of a couple of days.
I think when it does eventually go it just won’t come back. We have plenty of catalysts to look in addition to FDA Approval, Canada, distribution deals, hospital endorsements etc and most importantly sales and revenue. We can’t be all that far off that point now, it’s been some 74 days since submission. 135 days is the average time for approval so it’s perfectly possible that we could get it earlier and Canada only takes about 30 days or so.
Fingers crosses they get their clocks cleaned and soon.