United Treatment Centers, Inc. (OTCMKTS:UTRM) Keeps Investors Optimistic

United Treatment Centers, Inc. (OTCMKTS:UTRM) is trying hard to deal with the general fallout in the MMJ sector. The ticker is alternating days of gains and losses. On Tuesday, UTRM ended 25% higher to $0.0088, still within sight of the cent levels. Buying volumes were far from exceptional at $1.28 million, but at least there is some activity to support the price. Now, we have to wait and see if all the hot cannabis tickers survive until the next tangible bout of news for the sector, such as improved legislation. UTRM0408.png

UTRM itself has not bothered to refresh its corporate profile with new PR since the end of March, and this is certainly affecting the moods of investors. This stock is a newcomer, and a speculative bet, not obeying the rules of better-traded sub-penny selections. So now UTRM will have to rely on its general message- that it is striving to become a digital media hub for the marijuana sector. TTDZ0409.png

Unfortunately, all UTRM has to offer is one website with postings and videos- among a jungle of similar others. But for investors’ forums, UTRM still has room for another attack with new publicity. The last few days of directionless trading are seen as a consolidation ahead of a new move toward a price of a few cents.

UTRM will certainly have to use future promises and PR, since its past record shows much bigger weaknesses:

  • cash: $7 thousand
  • total assets: $21,400
  • total liabilities: $780 thousand
  • yearly revenues: $144 thousand
  • yearly net loss: $228 thousand

Currently, Triton Distribution Systems, Inc. (OTCMKTS:TTDZ) seems to be playing its publicity cards better, and managed to have a stronger climb to a price of a few cents. Despite the small setback, TTDZ remains strong above $0.04, a considerable success given that this company also started from miniscule trading volumes and a double-zero price.

Others, like Resource Ventures, Inc. (OTCMKTS:REVI) managed to hang on to a price of $0.02, but went on to drift sideways. REVI consumed its rising potential in a few brief days where it disentangled itself from the double-zero position, but since then did not show enough novelty. REVI hoped to position itself as the print advertiser of the legal hemp industry, even promising a dedicated magazine, “Hemp Nation”, printed of course, on hemp paper.

In the case of UTRM, the biggest risk is yet another climb to a position that may not be easily sustainable. The last few days saw many of the previously popular tickers sink down, and now there is a potential for a recovery. But the red flags around this and other companies remain. The Marijuana index saw a bigger number of tickers end up in the green, and the losses were limited to 0.11% on the day.

Still, there is always risk for deep cuts, and UTRM has been through such days, sinking by more than 40% in two short trading days. So if you are looking for an opportunity, you should be prepared for a fast deflation from the peak levels.

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