GREY:ALEAF - Post by User
Post by
sthineion Nov 03, 2021 8:17am
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Post# 34081057
During tax loss selling stocks are sold indiscriminately
During tax loss selling stocks are sold indiscriminately
Therein lies an opportunity. The people that dont care so much about taking the losses shake the confidence of those that are believers in the stock or more amateur investors adding to the selling pressure. Good news can start a significant turnaround that can continue into the new year. What would stink though is if someone comes around with a buyout offer at .50. Always a possibility and would be a steal. That low ball offer will not be possible if Aleaf can get the EU GMP certification and some Israel sales going. It is pivitol to ALeafs sales. I do not buy the belief that AH will take so much market share in Canadian market to support a continued rise in the share price. Yes market gains will be supportive but not significant enough to change the metrics here. I know many people that sold Aleaf at about .50 Cdn and they are not coming back because the industry fundamentals are not good. So if you are a top down investor looking for sectors to invest in before you pick stocks you would not even be looking here.