Medipharm Labs Corp T.LABS

Closing

[Redwine12345]

Morgan Stanley.... really they had to wait till the closing to sell 500 shares to keep price down at 0.475 (no change for the day)?
Right before the closing Anonimous went on shopping and picked up at 0.48 64000 shares.
It is clear manipulation by professionals.

[mdjbrown]

Agreed Rw12345 Patience is required as once they finally take the brakes off this one, Medipharm is quite possibly the most undervalued pot stock in the market considering everything going on in the Medipharm pipeline. Short covering will help as well For every international product delivery press release, it equates to revenue which makes the EPS machine run Crystall ball says at least a

[Righttothetop]

LABS is heading down the FIRE path, IMO.  It's painfully evident in both trading patterns and mgmt behaviour. I just hope that the SP appreciates to a point that when an offer does come, that 66% or whatever above the 5 day average is something more substantial than a bad cup of coffee.... I hope I'm proven wrong....for alot of reasons!  lol

[NoRiskNoReward]

Why would management start a recreational weed company, to only sell the company a few months later to a business that is only supplying recreational weed? Lol 

[mdjbrown]

Time will tell Rttt It appears a global strategy has been set in motion by the higher ups at Medipharm, so lets see if they can execute. Lots of moving parts in this beaten down MJ sector right now as players in the industry try to carve out a niche they hope will be profitable, while trying to avoid being swallowed up by a biggie for pennies on the dollar. Once another one time giant CannTrust

[Redwine12345]

Hi All, let me ask you this question: If you hold a significant amount of shares, would you put a wall on price to go up? Not likely... 5ml in short represent only 1.9% of total outstanding shares...  Does it mean that 98.1% are holding to their shares? Any sales do find buyers. Consider it as a hand swap from weak hand to strong hand. I think this is a big time accumulation... 5ml shorts are

[allibabba]

What you are missing here is that there has been lots of volume and price swing from 0.45 to 0.50.  Large traders are happy to collect their 10-20% profit and repeat.  That's what's happening here and will continue until the company proves that their deals actually make money.  

[Redwine12345]

Ok fair point Alibabba.... If it is a channel traiding, then the volume should dries at each side of the channel. Today's volume is totaly different at upper channel. It was crazy buying at the end of the day. Possible we might have a nice week ahead of us. :)