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Bullboard - Stock Discussion Forum Chalice Brands Ltd CHALF

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root. see more

GREY:CHALF - Post Discussion

Chalice Brands Ltd > any thoughts on the .015 for the past two days
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Post by unclebobie on Jul 22, 2020 3:46pm

any thoughts on the .015 for the past two days

Stock should be rising with the positive sales and internal improvements. I can not come up with any rationale explanations for the anemic performance. At the very least , we should be holding at 2 cents Canadian.

Also volumes are low yesterday and today, I realize there was a bit of dilution but as discussed the affects should be negligible. 

This is the first time that  I  am optimistic and yet we are stuck in the " dog days of July".

Oh well, patience is the order of the day,
Comment by SlyestFox on Jul 22, 2020 4:14pm
ya its called this shareprice is controlled. Orwell will keep telling you amazing things mea while the stock will stay at 1.5 cents to 2 cents. Now it looks like its going to go to 1 instead. Ask orwell. He claims an insider sold off a bunch of shares previously without it ever being reported...
Comment by SafeInvestor on Jul 22, 2020 4:32pm
The only way this stock moves prior to Q2 earning release is on major news like someone sniffing a buyout. Industry news and better operational performance will not be enough due to the history of the company and prior poor management. Investors will believe it when they see it and that will in my estimation happen at next quarterly release.
Comment by unclebobie on Jul 22, 2020 11:21pm
Your assesment is sound and seems . But 1.5 cents seems rather brutal. It would apppear that old investors have lost faith. I must admit that I was of the same belief, The last few months have renewed my interest and I belive that after the federal election that this stock may be a winner, Not necessarily in the long term but in short term when the neophyte frenzie cause a buying binge - like in ...more  
Comment by RiskyBiz928 on Jul 23, 2020 11:54am
Note the volume of shares dragging it down is low though. Ya, you're right on the control - dumping piddly amounts only to scoop'em low and recoup on the inevitable rebound. It's a game show. Survey says! Lol.
Comment by Gladiator3 on Jul 23, 2020 12:01pm
hopefully the second quarterly results will put an ends to all this!   
Comment by Orwellian1984 on Jul 22, 2020 9:35pm
My suspicion is market manipulation. Put these lines together: 1. There is no doubt that Haywood is representing a single trader and so far sold almost >33M  shares since mid April. If not a naked short it represent either debenture holders or William Simpson. 2. Repeatedly the sell activity of insiders are missing on SEDI. Even when was asked in our petition and later by emails ...more  
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