Creative Edge Nutrition, Inc. (OTCMKTS:FITX) Grinds To A Halt

Creative Edge Nutrition, Inc. (OTCMKTS:FITX)’s bounce that started on Nov. 13 looked like it would take it all the way to the high it had lost during its previous crash, but in the end it fell short.

Unfortunately for FITX enthusiasts, yesterday took the ticker 4% down, breaking its ascent. Although the dollar volume couldn’t be compared to those of ten days ago, it was still quite high for an OTC Markets penny stock that isn’t currently being pumped. This means that investors obviously haven’t lost interest in FITX – so what caused it to stumble?

The answer may turn out to be quite simple – FITX‘s market value reached critical mass. Even if we consider FITX stock cheap at the moment, relatively speaking, one must keep in mind that we’re still talking about a company that has no products out on the market, and whose biggest project is in danger of turning into a disastrous fiasco because of a zoning law.

Needless to say, given its meager achievements to date, FITX currently doesn’t deserve its overblown $88 million market cap. That being the case, it is naturally in danger of crashing at any moment. The fact that its share structure is as terribly diluted as it is, just adds to the precariousness of the situation.

Long story short – let the buyer beware.