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Bullboard - Stock Discussion Forum 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... see more

GREY:CTABF - Post Discussion

Canntab Therapeutics Ltd > dont be fooled....this will drop
View:
Post by Diomio on Apr 20, 2018 9:46am

dont be fooled....this will drop

normal after an rto... investors want their money back after waiting
Comment by Greenlips09 on Apr 20, 2018 9:56am
If I'm not mistaken, they raised 5 million at $1.00. You can therefore assume that most iof those that purchsed at that price are not selling
Comment by letsgetready on Apr 20, 2018 10:05am
I reckon this company is worth around $100M, so $4 per share more or less. nice time to get in now.
Comment by Diomio on Apr 20, 2018 10:49am
already under a dollar.... trust me! I will buy this at .80 maybe .75
Comment by Fizzy1985 on Apr 20, 2018 11:22am
Can I ask why you think that? Don’t get me wrong I bought this morning under a dollar and sold at 1.08 for a quick gain, I wasn’t thinking it would drop that far under a dollar seeing as it was a 200 to 1 split with the previous shares...I’m always happy for other opinions though...everyone here wants to make money :)
Comment by Diomio on Apr 20, 2018 4:21pm
Called it.... Wow .70
Comment by Fizzy1985 on Apr 20, 2018 5:39pm
Good call!!! I bough back at .71 and again at .67, I think this can go back up... but did the people that bought at 3.5 cents with TFS ever get screwed....no wonder the sell off....forget getting in at a dollar... 3.5 cents after the take over = 7 dollars per share
Comment by rockmoney on Apr 20, 2018 10:19pm
TFS traded up to $0.085.  That is like $17 after the 1:200 consolidation. Insane. That burning will hurt those buyers for a long time. Sad really. I suspect many buyers did not read the fine print that this was getting rolled back 1 for 200! Live and learn.
Comment by blueboy on Apr 21, 2018 11:24am
TFS should NEVER have traded over 0.02 (or even that high), but people wanted to buy cheap shares and run it up.  Very bad investing, and not even gambling, since the company themselves told everyone that TFS wasn't worth more than 0.02 Not a surprise at all to see this tanking, but too bad so many novices got sucked in BB
Comment by Fizzy1985 on Apr 21, 2018 12:02pm
Exactly!
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