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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 > Trading Pattern
View:
Post by SCQuin on Aug 19, 2022 1:05pm

Trading Pattern

I did not think we would end up here with 2.7 m shares selling at 0.065....how can this junk stay on the TSX?
Comment by bull_runz on Aug 19, 2022 3:52pm
This ID was just setup to bash Auxly.  He is probably covering his Short Position ;)
Comment by settoretire on Aug 19, 2022 4:55pm
Auxly doesn't need any help bashing. They have bashed their stock into what is soon to be oblivion. Too bad. I had high hopes for this Cannabis company. Unfortunately, they screwed themselves along with the Shareholders who believed. Just a matter of time now. Inevitable. Before you label me a basher, my average is .84 now.
Comment by SCQuin on Aug 19, 2022 6:11pm
Agreed...I am long with 290K and a 0.25 average...never short. Auxly has lost control of it's financial situation ...but only retail investors will pay the price.
Comment by CorpFMan79 on Aug 20, 2022 4:03am
Institutional investors dont get advice from stockhouse. Its where they find the suckers (retail) to buy and hold their carp. Never trust anyone here, pro or con. This is just entertainment for me.
Comment by cryptoisascam on Aug 23, 2022 9:52am
RS coming?
Comment by UniqueKitty on Aug 23, 2022 12:59pm
  There's a question typically indicative of a hack and slash basher in shorts. Orrrr.... someone looking to stir the pot. NO RS !!  No such thing has even been moved let alone passed at any meeting of Auxly shareholders.  After Auxly turns profitable and more of the world opens up to Mj then it might make sense to list on the NYSE or Nasdaq. That's when it might ...more  
Comment by CorpFMan79 on Aug 23, 2022 2:00pm
Kitty someday a pyschologist will do a study on sociopaths like you For 2years you have pumped this stock while it has dropped relentlessly. You have potentially given the worst investment advice in the worlds history. Each day you try to spin this story. If you are not a sociopath, you must be under so much stress for investing in this failure. I find you quite pathetic and sad.
Comment by SCQuin on Aug 23, 2022 2:11pm
Kitty...what funding options do you feel Auxly has to get to the end of 2022 and beyond? Free cash flow was always too much of a challenge, there are no assests left to sell, OCS and BC have fallen out of bed.....??
Comment by UniqueKitty on Aug 24, 2022 12:19pm
  Auxly ended Q2-2022 with just over C$20mil cash and equivalents. They just added C$10mil more in Q3 with the sale of  the Robinsons/Annapolis facilities.  The Q2-2022 MD&A states, next 12 months are funded. With operations generating positive cash flow, production continuing to ramp to full scale with facilities that are built out for the most part, the need for ...more  
Comment by Investorpedia on Aug 24, 2022 12:39pm
Not much more room for streamlining. Would you have an idea of the $ amount of revenue from pre-rolls? Other than savings in this area, revenues must increase significantly short of more downsizing and payroll cuts.
Comment by SCQuin on Aug 24, 2022 2:19pm
The last (amended) ATM with the .05M fee was a concern and the cash on hand is already commited to the automation effort. Hugo mentioned " non-dilutive capital" during the last ER. So there appears to be an acknowledged need....?? How and how much...you got me there!
Comment by cryptoisascam on Aug 24, 2022 4:42pm
yet the stock gets blown own. This stock is preparing for a reverse split.
Comment by SCQuin on Aug 24, 2022 8:32pm
Right....the SP represents the state of the company. The market is never wrong.
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