C21 Investments Inc CXXIF

pull back

[SecondLast]

Im wondering if the pullback is because Stone Castle is having to trim some of their holdings. We're already 10% of thier fund and they have a convertible deb worth like 4% on top of that too. They must be selling for risk management purposes after the run up! Cant have a small cap taking up 15% of your fund. Im still buying

[hevin]

The only cannaplay they should have sold if they had it was Canopy, who again shat the bed by shutting down a portion of their business and letting go over 200 employees (before Christmas). Anyone who'd sell C21 is perhaps the same half-wit that came up with the algorithm that sold off a chunk of the whole cannabis industry based on Canopy's failure. Punish the good with the bad. This is

[MuttleyKnows]

I agree C21 is still massively undervalued. I think that some of the selling now is due the expiration of warrants linked to the convertible debentures. There must be some warrant holders selling shares and then using the warrants to replace them.  There are two tranches of warrants that expire in December and January. The December related  selling should be winding down as the

[Polaris570]

Hey Muttley! I had like five grand sitting on the table this week and it's all gone now. I should of taken the profit and walk away from here. Your saying that investors are getting in on this and that the pull back must be the selling of warrants but I don't agreed. There is simply no volume in here for this to happen and we can't even break blue sky with almost no resistance. Hope

[MuttleyKnows]

I am not trading this stock when it goes up and down. I will leave that to you. I am buy and hold on the C21 because I think it is extremely undervalued. As I said my current price target is C$2.50-3.00. Jump ship when it goes back to 1.50 and take your five thousand and run if you want.  Personally I think the upside potential is much larger than that. The numbers don't lie and the SP

[Polaris570]

I get you Muttley! But I personally think thay if this company was so ubdervalued investers would of jumped aboard by now. I will say that this has been good for me in the past and it is defenetly the company that made me the most money in the past. like when it went to 2.50 1 year and a half ago I profited around 11 thousand. Haven't made any money since with this and after a while it gets

[MuttleyKnows]

You are wise to put most of your money into solid investment grade stocks. C21 is not a stock you buy to fund your retirement. You can successfully trade this stock as the entire sector is clearly very volatile.  The key is to look longer term. I spelled out what C21 is going to do so that part we can bank on because management at C21 has always delivered. Now overlay this with who is going

[Polaris570]

Your right! But from what I seen apparently the more act will never pass at the senate plus Pinnick  doesnt want it now. He wants C21 to be very well established before it passes because its only going to bring more competition. He would rather have the safe act approved so that companies could get financing and custoners could pay with plastic instead of cash. Remember when  I was

[hevin]

it should be called the more act because the more Trump intervenes in the Georgia election the worse it gets for the Republican candidates. Apparently several poles are showing both Democrats leading so keep hoping Trump keeps putting his nose in it. I think there's now a fair chance the Democrats will win one if not both of those seats. As for the safe act, another poster on Bullboard thought

[hevin]

Had you held this as long as Muttley and me, and a few others here, you would realize that the volume traded has gone up exponentially, meaning that investors are realizing this is undervalued and a great investment with tremendous upside. It's important to be patient with an investment as a long term investor. Day traders are just speculators. Of course one thing you could do is have your

[Polaris570]

Nice to meet you again Hevin. I don't find that the volumn has gone up much latetly on the Canadian side at least. I've been holding for a long time and I  will admit that 1 year and a half ago when the SP went up to 2.50$ I took 11,000$ profit Actually I was selling and buying back in panic. If I would't of sold and rebuy I could of made like 20,000$. I rebought back at a pretty

[MuttleyKnows]

Hevin I gotta agree with you because we are approaching this the same way. We have waited a long long time for a payday on C21. 2021 is the year the company finally starts their growth phase after fixing all their internal stuff in 2019 and 2020 like improving operations and sorting out the short term debt issues. I have faith in the management to deliver this growth because they have been

[Polaris570]

You guys never told me your predictions on the earnings Wednesday. Plus would you guys know if the news is going come out before or after the trading day. I say this time it's above 10 million Us and I hope they break last year Q3 record. What a headline that would be. Thanks for your time and advise guys!