Post by
yvrean on Nov 29, 2021 2:06pm
Q3 numbers
UPDATE: Numbers will be released today at 1:15 pm PST along with our Shareholder update.
Comment by
goldboyz2 on Nov 29, 2021 4:44pm
Q3 Fins are out. Nothing special but still making sales IONC has to get their profit margins up imo 1 Million below last Q sales......... Not sure how the market will respond to Q3 but keep in mind the NDAA vote is happening today/now. Tmr could be an interesting day.....Up or Down GB
Comment by
yvrean on Nov 29, 2021 4:48pm
It's still only a 5 mil market cap company. Their Q3 revenue alone beats their market cap
Comment by
goldboyz2 on Nov 29, 2021 5:13pm
I agree.....but since this company is operating in the USA it doesnt get the hype as canadian companies do imo NDAA Yes Vote would really add momomentum and excitment to cannabis sector but i think it would give usa operations a huge boost in the right direction and get better share prices and market caps closer to Canadas Lps............. ? Adjusted EBITDA was ($209.1K)
Comment by
Pacman28 on Nov 29, 2021 7:58pm
I don't understand why the MC is so low with 2021 revenue going to be 25million plus
Comment by
goldboyz2 on Nov 30, 2021 10:34am
The Sector makes no sense, its all about hype Look at TNY, first mover in california for beverages and have put 15 million into their facility and trades below asset value IONC is no different and the only reason i can think of is because usa isnt fderally legal GB
Comment by
yvrean on Nov 30, 2021 11:52am
Why not join the IBC investor community on facebook and discuss? https://www.facebook.com/groups/IonicBrandsInvestorCommunity
Comment by
goldboyz2 on Nov 30, 2021 12:12pm
I dont have Facebook lol Seems like anything that is offered at 4 cents is bought but cant push past 4.5 cents ?! GB
Comment by
yvrean on Nov 30, 2021 1:31pm
There is a reason why all of these trades the last little while are all at .04 and I want to find out why.
Comment by
goldboyz2 on Nov 30, 2021 2:12pm
Last friday 4.22 million shares traded between 4-4.5 cent nov 29 1.46 million shares traded nov 23 & 24 1.2 million each of those days between 4.5 -5.5 cent Either someone with deep pockets is selling their position or theyve been accumulating between 6.5-4cent thoughts ? GB
Comment by
yvrean on Nov 30, 2021 3:35pm
Ionic claims it's Lobe short selling. I don't think so. I think Ionic has cheap paper at .04 they need to get rid of. If this is being shorted, it would be much lower, like .005
Comment by
goldboyz2 on Dec 01, 2021 2:05pm
I beiieve your 100% right, this aint moving until whoever is done keeping this at 4 cents. GB
Comment by
Pacman28 on Dec 01, 2021 5:03pm
So when lobe is finished selling, the Sp should take off?
Comment by
goldboyz2 on Dec 01, 2021 5:58pm
Over the past week of trading there has been roughly 8 million shares traded between 3.5 - 4.5 cent but i would 90% of the 8 million was at 4 cents. The bid at 4 cents gets bought and then all of a sudden more shares at 4 cents get offered. Level 2 shows this There isnt much offered at all up to 10 cents on level 2 Its Odd GB
Comment by
yvrean on Dec 01, 2021 8:25pm
That is what we hope will happen.