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Bullboard - Stock Discussion Forum Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia... see more

TSX:ZENA - Post Discussion

Zenabis Global Inc. > Zena finding a bottom
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Post by Deadcow on Jul 10, 2019 2:20pm

Zena finding a bottom

I think Zena is bottoming around the 1.62 level.

All Cannabis stocks getting hammered and Zena SP is holding well with OK volume so far.
lets all hope the down days are over for now and we start rebounding !
i personally bought again today and will add more tomorrow.

GLTA
Comment by alejo.g3ologist on Jul 10, 2019 2:41pm
Picked up more at 1.63..still averaging down..this week migh be the end of the downtrend..
Comment by Deadcow on Jul 10, 2019 2:51pm
I did the same, I picked up more today @ average 1.64. i am relatively new to Zena and I’m lucky that my average is around 1.68 now. i believe when therd are a lot of catalysts coming up soon : -June production numbers  - HC license for Langley  GL
Comment by alejo.g3ologist on Jul 10, 2019 5:20pm
Yes, my average is 1.73 only 25k shares, i might pick up more next week...great things coming up for Zena!
Comment by sotypical on Jul 11, 2019 9:28am
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Comment by sotypical on Jul 11, 2019 10:03am
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Comment by alejo.g3ologist on Jul 11, 2019 11:22am
Its just the short's time...let them enjoy the summer..shareholders will enjoy the fall !! bought 5k more at 1.58...
Comment by sotypical on Jul 11, 2019 11:27am
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Comment by Ryezensum911 on Jul 11, 2019 2:09pm
I really don’t think you can blame the management here. They’re doing the best they can. This stuff takes time, and it’s kind of silly for the shareholders to expect daily or weekly updates. I’m sure they know what the expectations are and what the consequences will be, and are doing everything they can to meet those obligations. I truly believe right now with the overall sector beat down, the ...more  
Comment by Deadcow on Jul 11, 2019 11:27am
So typical ..... for heavans sake ...... stop being so freaking negative man !! yes , Zena didn’t hold around $1.62 level , so ... I was wrong ! this is how the stock market is. I’m in for a year at least and I have more money invested here than you and I’m not crying everyday ! i know it sucks losing money and none of us like it ! but management is doing a great job on updating shareholders ...more  
Comment by sotypical on Jul 11, 2019 11:53am
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Comment by alejo.g3ologist on Jul 11, 2019 12:00pm
wow,thats a big chunk! i only have 52k$ invested in,planning to throw 10k$ more one if it drops below $1.56. You must have done your DD well enough to throw that much of funds in...you will be rewarded big time end of year or next spring... 
Comment by Deadcow on Jul 11, 2019 12:49pm
Alejo, i totally agree with you, I also believe we’ll all make decent money by year end /spring 2020 GL
Comment by Deadcow on Jul 11, 2019 12:47pm
Sotypical, yes i I do sotypical, I actually have quite a lot more and I’m planning on adding more when I can free more cash from other investments . i might be luckier cause I have a much lower average ( 1.65 Ish ) and quantity is irrelevant because what’s a lot for me could be peanuts to you and vice versa. Point is I’m heavily invested in Zena in my capacity ! And no one wants to loose money ...more  
Comment by sotypical on Jul 11, 2019 1:29pm
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Comment by Deadcow on Jul 11, 2019 2:13pm
Sotypical, Yes I do, I have a bit above 500k shares all purchased in the last two months. Again, what I have or will buy is irrelevant. We all work hard for our money and we all want to gain & not loose. I believe we have to follow the production in this business, and I believe Zenabis will achieve what they say they will. They’re giving us monthly updates on production and there’s been a ...more  
Comment by sotypical on Jul 11, 2019 2:18pm
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Comment by OneWhoBlazes on Jul 11, 2019 2:52pm
Why do people even talk like this? Management of any company on the stock market are not day trading stock guys. They have no control of where the stock goes, and are not going to generate fake news just to help out some SHORT TERM stock moves and weak hands that might sell. The jump to 2.23 was unsustainable. The entire market is in a downtrend and summer is historically bad for pot stocks also ...more  
Comment by sotypical on Jul 11, 2019 4:24pm
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Comment by alejo.g3ologist on Jul 11, 2019 4:39pm
Managment doing what? you invested +200k$ you should know better about money cycle. Have you ever thought where the fund managers get the money from? guess? from shorting!! at least part of it...shorting is part of the cycle man so they can re use the money earned from shorting to finance more the cannabis industry. Very simple man.. You thought u would put 200k$ on a stock and double it up in few ...more  
Comment by sotypical on Jul 11, 2019 5:05pm
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Comment by alejo.g3ologist on Jul 11, 2019 5:28pm
glad to read poeple with 25 years experience are invested into this stock. its hard to stomach all the un realized losses, I agree... company is solid financially and revenue will look great by Q2 2020 then we will all forget about this temporary price levels. Focus on value not on price :)  
Comment by stockman40 on Jul 11, 2019 2:50pm
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Comment by stockman40 on Jul 15, 2019 1:33pm
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Comment by stockman40 on Jul 19, 2019 10:25am
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Comment by Matt987654321 on Jul 19, 2019 11:44am
stockman40 why do you always post this useless link? It takes you to a site that adds no value to anyone. Get lost loser
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