{"id":4475,"date":"2014-04-29T11:11:07","date_gmt":"2014-04-29T11:11:07","guid":{"rendered":"\/?p=4475"},"modified":"2014-04-29T11:11:18","modified_gmt":"2014-04-29T11:11:18","slug":"united-treatment-centers-inc-otcmktsutrm-slides-while-awaiting-new-pr","status":"publish","type":"post","link":"\/articles\/united-treatment-centers-inc-otcmktsutrm-slides-while-awaiting-new-pr\/","title":{"rendered":"United Treatment Centers, Inc. (OTCMKTS:UTRM) Slides, While Awaiting New PR"},"content":{"rendered":"

If you trusted the potential of United Treatment Centers, Inc. (OTCMKTS:UTRM<\/a>), this may have cost you as much as 60% losses in the past few days. UTRM<\/a> draws in investors with one good day, but unfortunately the ticker is under pressure, and sinks deeper into the double-zero range. On Monday, UTRM<\/a> slid another 15% to $0.0044, as selling volumes expanded to above $1 million or about 250 million shares. \"UTRM0428.png\" <\/p>\n

UTRM<\/a> is dangerous for its low price, which may attract new buyers, only to take them for a ride again. The newly minted marijuana company is active with corporate updates, mostly on the potential of its media websites. We still don’t know if cannabis-themed online media would bring in large profits, but this strategy works well for generating publicity.\"TTDZ0428.png\"<\/p>\n

UTRM<\/a> went so far as to use the calendar date, April 20th, making up the iconic 420 number, a code word for the use of recreational cannabis. And indeed, 4\/20 proved to be a day of extremely robust buying- only to have UTRM<\/a> crash right on the next day.<\/p>\n

Still, investors believe that the slide in the past weeks is due to frightened sellers moving out, disbelieving the potential of the company. But even if UTRM<\/a> provides enough good news to prop its stock price, this only proves that the rise in the graph is due mostly to fluff and PR promises. Still, a new message is expected soon, since the last PR came in more than a week ago- and this could trigger some bargain-buying.<\/p>\n

But consider for yourself if UTRM<\/a> is much of a bargain with those rather weak financial results:<\/p>\n