The stock of BEE VECTORING TECHNOLOGIES INTL INC (CVE:BEE) reached all time low today, Oct, 19 and still has $0.23 target or 14.00% below today’s $0.27 share price. This indicates more downside for the $10.57M company. This technical setup was reported by Barchart.com. If the $0.23 PT is reached, the company will be worth $1.48M less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. About 357,950 shares traded hands or 304.97% up from the average. BEE VECTORING TECHNOLOGIES INTL INC (CVE:BEE) has risen 6.00% since September 19, 2016 and is uptrending. It has outperformed by 0.46% the S&P500.
More notable recent BEE VECTORING TECHNOLOGIES INTL INC (CVE:BEE) news were published by: Bizjournals.com which released: “Local executive named CEO of company using bees for pest control” on August 30, 2016, also Marketwired.com with their article: “Bee Vectoring Technologies Opens First-of-Its-Kind Commercial Laboratory …” published on October 13, 2015, Marketwired.com published: “Bee Vectoring Technologies Receives Key US Patent Approvals” on March 01, 2016. More interesting news about BEE VECTORING TECHNOLOGIES INTL INC (CVE:BEE) were released by: Marketwired.com and their article: “Bee Vectoring Technologies Adds Former Syngenta Executive to European Operations” published on September 06, 2016 as well as Reuters.com‘s news article titled: “BRIEF-Bee Vectoring Technologies appoints Ashish Malik as its new presiden…” with publication date: August 30, 2016.
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