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Bullboard - Stock Discussion Forum OrganiGram Holdings Inc T.OGI

Alternate Symbol(s):  OGI

Organigram Holdings Inc. operates through its subsidiaries. The Company’s major wholly owned subsidiaries include Organigram Inc., 10870277 Canada Inc., The Edibles and Infusions Corporation (EIC), and Laurentian Organic Inc. (Laurentian). Organigram Inc. is a licensed producer (LP) of cannabis, cannabis-derived products and cannabis infused edibles in Canada. It is focused on producing... see more

TSX:OGI - Post Discussion

OrganiGram Holdings Inc > Sold all my OGI
View:
Post by stocktradinguru on Jul 20, 2020 9:25am

Sold all my OGI

5,000 shares
Earnings estimates are only $16 million 
with an EPS of .02 cents...

Zack's recommends a "strong sell."

OGI is trading in a range....

high- $2.21 or so

$1.92 low or so

for several days...

I expect OGI to drop below $1.92, a recent low last week.

In fact, I would NOT be surprised if OGI tests its all-time low of $1.50 or so in the next few days.

Hexo had better earnings and is trading at 20 day moving average of .99 cents...

OGI is NOT going higher than present trading range any time soon..

I will buy back in after the storms moves on

Today, it's the calm before the storm.

I expect a furkin shite storm after earnings are announced pre-market on July 21....
Comment by stocktradinguru on Jul 20, 2020 9:26am
You can check out the earnings estimates at Yahoo Finance and Zacks
Comment by Copperrun on Jul 20, 2020 7:26pm
zachs is the only one that says sell they said he same thing when I bought an ge next day ogi ran almost 80% lol
Comment by Copperrun on Jul 20, 2020 7:25pm
over sold over shorted going to be depressed when this one opens 30%+ over reacted sellers and scared hands lol
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