{"id":4560,"date":"2014-05-14T09:15:26","date_gmt":"2014-05-14T09:15:26","guid":{"rendered":"\/?p=4560"},"modified":"2014-05-14T09:19:07","modified_gmt":"2014-05-14T09:19:07","slug":"creative-edge-nutrition-inc-otcmktsfitx-plunges-into-the-red","status":"publish","type":"post","link":"\/articles\/creative-edge-nutrition-inc-otcmktsfitx-plunges-into-the-red\/","title":{"rendered":"Creative Edge Nutrition Inc. (OTCMKTS:FITX) Plunges Into The Red"},"content":{"rendered":"\n

Ever since the end of the impressive climb that Creative Edge Nutrition Inc. (OTCMKTS:FITX<\/a>) started on April 16, the company had fluctuated around $0.09. That changed yesterday, when FITX<\/a> lost no less than 6.46% of its share prices to market instability.<\/p>\n

Some traders have come to believe that the marijuana stock market has become more stable, just because sector-wide crashes and surges have become less frequent in the last few weeks. In depth research shows that the opposite is true – the market is just as volatile as ever, and the money of marijuana stock investors is in just as much danger as before. The fickle market can still slam a ticker down for no apparent reason, and FITX<\/a>‘s latest fall can testify to that. <\/p>\n

Admittedly, in FITX<\/a>‘s case, there wasn’t much holding the company up in the first place. The latest big news that got it going was the announcement, that it had parted with 25% of CEN Biotech, the subsidiary that carries out the marijuana growing operations of FITX<\/a>, in return for $20 million. Seeing as how there’s no official filing on the matter nearly a month later, it is understandable why investors could feel uncertain about the wole thing.<\/p>\n

The 10-Q for the period ended March 31 that should be out by tomorrow should, by all rights, provide more details on the matter. It should also show whether FITX<\/a> has taken advantage of the ample opportunities the green rush has provided it with, or not.<\/p>\n

If said report shows better results than the last one, the company may end up heading skyward in to time. However, if it turns out as mediocre as everything FITX<\/a> has given investors so far, the company may be in for a ride in the red.<\/p>\n

In other news on the marijuana market, Terra Tech Corp. (OTCMKTS:TRTC<\/a>) and Tranzbyte Corp. (OTCMKTS:ERBB<\/a>) remained steady as rocks in yesterday’s session.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ever since the end of the impressive climb that Creative Edge Nutrition Inc. (OTCMKTS:FITX) started on April 16, the company had fluctuated around $0.09. That changed yesterday, when FITX lost no less than 6.46%...<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[173,10,259],"class_list":["post-4560","post","type-post","status-publish","format-standard","hentry","category-news","tag-erbb","tag-fitx","tag-trtc"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=4560"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/4560\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=4560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=4560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=4560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}