CAN 0.00% 6.2¢ cann group limited

CAN 2020 SP discussion, page-2

  1. 58 Posts.
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    Sellers are drying up. Thought those who bought low recently would be flooding the market for a quick profit but it appears this run still has legs.

    What is causing this is anyone's guess. Last rally from 0.40 seemed to be driven by a relatively insignificant manufacturing announcement that obviously some large investors were aware of in advance.

    Hoping this continued upsurge has something more substantial behind it.

    If so, can envisage the $2.00 barrier and beyond as a reasonable short to medium term IMHO.

    Up over 10% already today. Surely there is information out there that we are not yet privy to. Funding? Increased sales? Recreational legalization kicking off next week in Australia??

    Any obscure announcements or other factors that anyone else thinks could account for this????

 
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