Cannabis Central: Tuesday's Performance Continued With Another Mixed Bag Of Winners & Losers

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. 

Today, Tuesday, Feb. 4th,  was another mixed bag of winners and losers for pot stocks. In yesterday's article, Cannabis Central highlighted those pot stocks that enjoyed double-digit gains and why such occurred. This article highlights today's stocks that unfortunately encountered double-digit losses and outlines why such occurred. 

The cannabis market consists of 319 publicly-traded companies of which the vast majority trade for less than $1/share and it is acknowledged that even small changes in the price can have a very large affect on the percentage change. That being said, however, this article highlights the 2 pot stocks that did decline 10% or more today and the reasons why such occurred.

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  1. Core One Labs Inc. (CSE: COOL; OTCQX: CLABF) -11%
    • announced a proposed amendment to reduce the current warrant exercise price from C$1.25 per share to C$0.40 per share. 
  2. MPX International Corp. (CSE: MPXI; OTCPK: MPXOF) -10%
    • reported its financial results for the fourth quarter and fiscal year ended September 30, 2019, which were not sufficiently positive to please investors.

This article discusses small-, micro- and nano-cap stocks so do your own careful due diligence. Visit munKNEE.com  (A ...

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