Empower Clinics Inc EPWCF

RE:RE:RE:RE:Awesome Price to get in with CBDT!!

[Smokey1958]

Here is the problem with your lack of evidence.

On December 7 (approximately 3 months ago) CBDT closed at $.30. On February 2 (approximately 1 month ago) it closed at $.325. Every indicator and analyses suggested it was woefully undervalued. It is both the 2 weeks and 4 weeks after that that are important and that is where you have to look at the slopes of the rise. They were modest until February 18 (sp closed at $1.26) and even included a negative slope along the way indicating a slight retracement. It was the following 3 trading days where the slope and the sp rose unsustainably and with the gaps you refer to. Based on that alone and gap theory the sp right now should be trading between $1.00 and $1.25. In fact ALL the fundamentals and analyses support that same assessment. Why then is it in free fall?

There has been a convergence of at least three factors. First of all the shorters you refer have taken advantage of both gaps and extremely weak hands. There have also been several sessions in the last two weeks where exchanges generally and the TSXV specifically have had unpredictable bleeding. Finally while purely optics the debacle of insider selling.

So you can't simply go back two weeks and surmise anything. The trends evolving now are far more complex than the small window from the peak in sp two weeks ago .....imho.

123XYB64 wrote: Would love nothing more then to be terribly wrong. Infact, I hope I am. In the event that I'm not, I've got money set aside to buy at those levels. I don't needy to show you charts. Simply, go back about 2 weeks and see on how this stock moved up incrementally and each day it gapped higher then the previous close. As you know, gaps are created when that happens. A strategy that shorters and institutions play very well. Just my opinion.....