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Bullboard - Stock Discussion Forum Medipharm Labs Corp T.LABS

Alternate Symbol(s):  MEDIF

MediPharm Labs Corp. is a Canada-based full-service pharmaceutical company. The Company specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products. Through its wholesale and white label platforms, the Company formulates, develops (including through sensory testing), processes,... see more

TSX:LABS - Post Discussion

Medipharm Labs Corp > Get ready for down tick to $0.06 at 3.58pm
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Post by 1hot-techwoman on Jan 25, 2024 3:10pm

Get ready for down tick to $0.06 at 3.58pm

A new 52 week low :(
Comment by subaru1i on Jan 25, 2024 3:34pm
It's called "painting the chart".   One of the oldest tricks in the book.
Comment by Redwine12345 on Jan 25, 2024 5:22pm
Actually, New 52 week low is 5.5 cents (not much difference from 6 cent). :)  Bollinger bands are squeezing. CMF is moving close to zero from oversold. Stochastics in oversold. Williams in oversold.   Draw your conclusion...
Comment by subaru1i on Jan 25, 2024 7:10pm
"painting the chart" because the manipulator knows how people use technicals to gage their stock performance and when aren't people happy, they sell and they would sell under false circumstances.   It's a very old strategy.  On the flip side of painting the chart to make a stock look bad is having an institution 'pump' the stock to their retail clients to ...more  
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