MYM Nutraceuticals Inc MYMMF

Reddit forums turn to cannabis sector as stocks hit new high

[Haiku123]

I am not sure if this is a good or bad news.

https://www.reuters.com/article/retail-trading-cannabis/reddit-forums-turn-to-cannabis-sector-as-stocks-hit-new-highs-idUSL4N2KG2XZ

[WeeblesWobble]

IMO its a "meh".  Simply recognizing that the cannabis industry is sorting itself out (and perhaps nearing the end of that process).  Add on the potential legalization across the US and you have new found optimism.  As I said a few years ago, think beer.  A few giant producers/marketers with thousands of micro-breweries.  Those companies who can find and exploit

[biketrader98]

I think it is an important group as MYM needs high volumes to create new base levels.  Over 4M shares "traded" and the move was relatively small.  There are still people holding shares that they want to get out of.  Once they have cleared out it will move up and the Reddit community can play a part in speeding up that process.

[RockMaschine]

Reddit needs to stay away from this. They think Sundial at $4 billion MC is value with quarterly sales at $12 million. Funny to read that people think it could be $50 a share with 1.5 billion in float. The current state of the sector is a new batch of rank newbies who are going to be holding heavy bags. That said very few are aware of what has occurred recently and many who still call this company

[biketrader98]

I have no idea what you are talking about.  What occurred recently?  How can it be a scam when their product is for sale across the country.  Check out the online shopping sites...I have, it's there.  Please elaborate...

[RockMaschine]

Bahaha. And this is how people will get sidelined. I am not even going to begin with the history of this company but please research the events that had this at 0.15 in June 2017, running to over $4 and dropping back to 0.05 leaving leagues of disgruntled bagholders in its wake. The company has restructured but is a shell of the former promises previously made. You need to read up on Mike Weiner

[RockMaschine]

I'm making the very strong point a lot of people are salty on the ticker MYM and will never go near it again. You and I can profit from the ignorance if you understand the risk and expect the worst.

[biketrader98]

I get you now.  Sometimes a divorce can change people and help them in their new relationships.  I like what I'm seeing so far from Mr. Weiner.  MYM is not the company it was but the new MYM has changed the course for the better and is well positioned going forward. 

[TheBridge]

Biketrader98, hope you're right!

[Jshaw9]

It was fun and exciting thinking about the possibilities of this company when they were getting in the hemp game, partnerships in Australia and other countries, Weedon, Laval, talks of a marijuana university or something... seems sporadic and chaotic now looking back. Moving forward things seem more grounded, stable and focused.  Looking forward to things to come  Bit of a pull back

[Mtlong]

In my opinion. I think that this stock can return to well over a dollar with another positive report in April. Team that up with entering the Ontario market and grow as quickly as possible, I believe can pay huge dividends. Clearly we've all been battered year for years, however, they have shown that they can turn things around and make a profit on lower volume than their peers. I'm

[Jaymac5534]

Very optimistic here especially when I see the valuation of other companies coming in with huge losses and Mym showing profits. Q3 and 4 we should see Ontario's gains.