RE:RE:RE:Going to happen:)
its not a money problem at all. There are definitely buyers but we have an institution or something using CIBC relentlessly dumping shares in blocks of 200k. When one wall falls its replaced by the same seller. CIBC seller been doing it since just before earnings and was the original wall at 0.185. I been watching the level 2 action every day. I believe they have a huge amount to dump but are doing it in blocks of 200k to not tank the stock so much before they sell off their position. Now the real problem is we always have anonymous and TD Sec as day traders. They are on every penny stock and i believe its a bot. They usually box in a half a penny on the buys and sells. But because of CIBC selling pressure, it sends the bot traders below them to do what they always do. Now CIBC undercuts them next 200k and the snowball effect takes shape. This is great buying opportunity while CIBC continues unloading. But with a lack of buyers to take advantage, they keep moving down a notch to find new buyers. Now, if your about to add more and you see this happening, your not going to show your hand, instead you would wait for them to press lower to scoop. I believe this may be what is really going on. Once CIBC stops selling, those large sell orders vanish and FOMO will take over as it edges back up on small orders. If an uptrend gets confirmed, we should see some big buyers. Our other major disadvantage is lack of media coverage. Right now we are still a hidden gem. Im expecting the ontario expansion of stores in general will get periodic news coverage and we may get a few mentions. The big move will be leading up to next earnings with this ER being the last known numbers to guage from. Let CIBC finish giving away their shares, they don't own all of them lol eventually they will be finished. Every wall could be their last one. Until then just realize our market cap today is only 39.8mil while our recent quarter is 19.5 mil, 7 mil cash on hand, and positive EBITDA 1.9mil. 31 stores reported, next report will include 4 new ontario locations and 1 in Edmonton. Fully funded to add 3 more ontario stores by September. This is a no brainer regardless of the current manipulation. Keep buying!