Auxly Cannabis Group Inc T.XLY

downside

[nortzy27]

is almost done on hmmj,thats if uptrend in mj is still on

[Pencilpush]

What kinda time frame  we looking  at days?weeks? in ready for some green days 

[nortzy27]

hard to chart this company ,but keep buying red

[nortzy27]

for those who complain they missed there chance,start buying ,odds are in favor now

[Pencilpush]

I know Thai's company seems to do the opposite of what's right for us lol but one thing to takeaway was sorrow I did work for last year I October works for a big and as one of their portfolio managers and said 2021 he was expecting t a big year for the sector

[nortzy27]

this stock is manipulated and im thinking that a reverse split may come.reverse splits are good when a company is growing fast,even 3-1 to get this over aa dollar so it can move onto the big exchanges,institutions like that,

[buddyt]

WHEN?

[nortzy27]

only speculation on my part ,but lots of shares here and it turns the big guys off,

[buddyt]

yup

[Pencilpush]

Look at Aurora over 2 billons after split if you count it all up someome posted yet big institutional buyers and look at the price  Yes low share doubt is important but big picture if they re global leader of leaders here there share count is still ver manegable  RS from what I read are usually kiss of death the article posted here nailed it ppl stay away big guys cause of shady

[Pencilpush]

Reverse split would be a nail in the coffin. Imo they have a bad rep already and doing one I think would be catastrophic.. if they plan on or it have to be before IB triggers conversion. No way they'd be happy losing that many shares  also how's that work they get 20% which was c amount of shares so would it even matter when they split it either still screw IB or IB get a bigger

[nortzy27]

google reverse split

[Pencilpush]

Stocks tend to lag the market after a reverse split — that’s not surprising if a reverse split signals that management thinks the stock will continue to decline. However, it’s worth repeating: A reverse split is an effect of poor performance, not a cause. The stock often has already been on a long downtrend, and the reverse split is just a gimmick to keep the stock on the exchange or in

[nortzy27]

dont read anything into my comment,for axample 60k shares at .40 cents 3 to 1 split,leaving a 20 k share count and a 1;20 cent share  price .compamy wise 900 million to 300, perhaps a listing on the tsx ,the split does not take money from its equal,this split gets it on the big exchange ,like i said i just am throwing things around here ,one hopes this company is the real deal,

[Pencilpush]

https://www.nasdaq.com/articles/do-reverse-splits-ever- work-2015-04-16 fair enough we have to talk of the good and bad of the company to really be able to understand it and not fools ourselves one way or another  I just don't think company is there et we are already a penny stock so what's the upside really I mean historyis against split ACB has actually defied odds to this point

[UniqueKitty]

Worked out okay for HEXO so far. 5 for 1 at a buck put them at $5 ish after the consolidation.  It's now trading over $8. Done right and for the right reasons stock consolidation or reverse split as it's commonly referred to, can be a useful tool.  note for clarity: when I say stock consolidation I'm not talking about price consolidation.  'Reverse split

[Pencilpush]

Why would you be okay with losing shares? I'd rather them take a extra year or two and hit those markets then screw me outta my position  Your right hexo is doing good but remember none of these companies have the dark shade Surounding them like we do.they had some good will to but so to speak  from what I read risk outweighs gains in our situation and odds aren't in our

[buddyt]

IB can trigger at .81 if I am correct,  we have a long way to go folks.  why would IB mention XLY when weed is only for medical in the EU?.  Rec. should happen later this year if we are lucky? Yes you would hope they would wait until it hits at least a $1. to do 5 but to do a $1. means squat as no Creds. will touch it now or even at $1.  Investors who know this company hold

[buddyt]

curious? you guys taking this down to .30 or what? I really hope anonymous is not with the company. this is really getting tirering and almost criminal.

[Pencilpush]

Ppl say chuck shorts this thru nesta I always wonder if anonymous is really him I'd put my money on that 

[KLockett]

Yup, I had said a reverse split would be in order last summer. Got roasted. Could get uplisted to the tsx, be in more people's portfolios. Many don't even look at the venture or a stock around 0.30!!! Just hopefully no more consolidation. You can do very well off of reverse splits. Tesla did ok!!!! 

[Pencilpush]

Tesla did a forward split completely different than a reverse split  instead or losing shares and consolidating they added shares and brought down the price to gain new investors. Those are the splits you like to see auxly wouldn't survive a reverse split and we have to be honest about that 

[UniqueKitty]

FFS. It's about exposure Pencilpush. There's no friggin' way you're so thick that you can't figure it out, even with your line wired smoothbrain.  lol If Auxly up lists to the bigger exchanges we gain a broader market audience which increases demand for the stock and potentially drives the stock upward. In order to list on the bigger exchanges share price requirements

[Pencilpush]

Exactly we shall stop talking about this topic as we differ and don't wanna feed the shorts  I picked up my last share at the same price yesterday, but I'm done buying for the short term, hopefully mid to end February have some bucks to throw in again 

[nortzy27]

shorts are done the mj is going higher to dangerous to short xly now ,xly needs guidence from hugo here ,sometimes i wonder who is behind all the shorting and selling to cop retail out of shares,hang in there retail ,only up soon,way too many shares out though ,come on manegment get this sp up for f,,,,,sakes

[Pencilpush]

Don't hold your breath for any guidance ... they aren't just gonna change their MO now maybe after IB converts into then expect silence. Bright side only 1.5 weeks left before the offer closed and share prices rebound  hopefully the they releases breakdown of what thrash raised was for