GREY:INSHF - Post by User
Post by
BuddyGuyManon Dec 23, 2019 12:31pm
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Post# 30484228
2020 looks good for ISH - Price target $0.40
2020 looks good for ISH - Price target $0.40Anyone else have the feeling ISH has finally turned the corner and started an uptrend? Tax loss season is over this week. Selling pressure is subsiding. The company has now successfully rolled out 43 stores. Ontario will begin opening up in 2020. Also, cannabis 2.0 rollout means way more SKUs for Spiritleaf to sell, and a whole other segment of customers to sell to. Nice that the company is shedding the Watch It division now to focus solely on cannabis.
Retailers seem to be where the action is for 2020, and ISH should stand to benefit, especially since the company expects to be profitable by Q1 2020! Analyst coverage with a BUY with a price target of $0.40 also helps instill confidence. Lots to love here IMO. Good luck all!