Empower Clinics Inc EPWCF

RE:RE:RE:How can anyone say with a straight face...

[ShortThemAll]

 It's simpler than that. It got pumped and dumped. It never had much value over 30 cents.

Smokey1958 wrote:

There are two biases with three of your points, Tankumo. Your point on being polite and civilized is spot on. The biases are in the word "many" and the view of the graph (actually it's not a chart). 

Many is a vague number when I suspect it's actually very few who hold the opinion that there is a gap all the way back to $.30. But that's not particularly important to the point.

You've included a graph that shows a whole year .....and most of that represents two plateaus .....around $.06 and then around $.30. Clearly there would be no retracement to either of those figures ....because regardless of any gaps the company is valued far differently than one year ago. For that reason a 3 month graph is more indicative of (a) where the company is headed and (b) how various forces have impacted on the sp. 

In fact the 1 month graph or price history chart is the most important in this whole discussion regarding filling the gaps. The last time the price was in the $.30 range was February 8. It's climb to over a $1.00 was much less steep then the climb to it's daytime high of $2.50. During this time, in the $.60 range, it had a slight retracement. There were also significant volumes leading up to and during that retracement. There is a very strong argument that the distribution of significant shares across all sp levels was met and therefore there are no gaps of importance below this point.

Imho the same thing happened up to and now back down to $1.25. So why did it go past that point ....shorters, weak hands, market bleeding, shorters weak hands, market bleeding. The worst case scenario was $.60 .....CBDT hit that yesterday. Barring these unforeseen, converging forces $1.20. was a more logical target.

If Strong HOLDS prevail, as they should ....the sp should have seen the bottom yesterday. That's no crystal ball ....none of us have one. But all fundamentals, analyses, charts, graphs and gap theory all point in the same direction .....UP. 

Enjoy your weekend everyone!!!


 

 

 

tankumo wrote: Many have said there is a gap in that region, around 30 cents.  That's people's opinion, no one has to agree or disagree.

Gap or no gap, 30 cents area on the chart is a formidable support, so during a selloff a projection all the way down to 30 cents is reasonable.

One can agree or disagree but one can also be polite instead of acting like a politician who doesn't know how to talk or being civilized.

I can see a gap between being civilized and uncivilized, I choose the former.