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Bullboard - Stock Discussion Forum Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Auxly Cannabis Group Inc. is a Canada-based consumer packaged goods company in the cannabis products market. The Company is focused on developing, manufacturing and distributing branded cannabis products. The Company's brands include Parcel, Back Forty, Foray, Dosecann and Kolab Project. It provides various products, including vaporizers, edibles, dried flowers, pre-rolls, capsules and oils and... see more

TSX:XLY - Post Discussion

Auxly Cannabis Group Inc > Up up and away
View:
Post by wewood on Oct 19, 2020 7:21am

Up up and away

.355 close today?? What's your thoughts?
Comment by sometimeswinner on Oct 19, 2020 7:28am
Probably just gonna tank like usual lol. A couple up days for this beast usually means a couple months of down days,
Comment by wewood on Oct 19, 2020 7:43am
Have faith! Somebody knows what's going on inside this company and have been buying for a week now. The store shelves have lots of our products and the quarterly numbers will soon show well we have positioned ourselves in this market!!
Comment by sometimeswinner on Oct 19, 2020 8:17am
Been in this for too long to "have faith" anymore. Just got so hot so fast I would be surprised if it held at these levels passed today. Thinking a pretty significant pullback to 0.15ish. 
Comment by wewood on Oct 19, 2020 8:32am
Sell it then! If you don't, then you must have faith.
Comment by sometimeswinner on Oct 19, 2020 8:37am
Lol I did sell my position, so I'm out for now. Honestly I wouldn't mind buying back in (even if it ends up at a higher share price) because I do think they have something special with their brands and products. I just don't think the current run is sustainable based on past performance and I don't feel like sitting 60% down for another year when I was able to make a profit off ...more  
Comment by sometimeswinner on Oct 19, 2020 8:37am
Lol I did sell my position, so I@m out for now. Honestly I wouldn@t mind buying back in (even if it ends up at a higher share price) because I do think they have something special with their brands and products. I just don@t think the current run is sustainable based on past performance and I don@t feel like sitting 60% down for another year when I was able to make a profit off this run. Ya know?
Comment by buddyt on Oct 19, 2020 8:40am
i got cute last week sold bought back higher.  this time it is different as they are making more sales etc. plus guess who is buying big time... that volume was not from cutsie day traders.... 
Comment by sometimeswinner on Oct 19, 2020 8:43am
I get it... I see the results and the sales will come, especially as people harvest their home grows and need only purchase the 2.0 products rather than flower. However, they aren't yet and this big of a stock price jump seems exaggerated, don't you think? And you know as well as I do what a little jump can bring out on the retail investor side of things.
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