RE:RE:RE:No higher than before green belt dealEasy Rusty, we’re good here. IMO the selling pressure is primarily due to cashing in of shares of those acquisitions carried out in share deals only, which is pretty much all acquisitions to date except for DreamWater, a combo of cash and shares.
There are are still some unhappy retail investors out there, to be honest they have been bagholders since ATH, some close to $2, however this is not the bleed, it’s the acquisitions. This will level out as value is demonstrated, which we know will come, HVT has to go further this time around earning credibility through successful execution. The Greenbelt acquisition is not turnkey, they do not have LP license, sounds like it is in process, and they had problems as a good grower, listeria, so they have to prove themselves as well, this imo is why SP did not gain and sustain.
We are also under attack by shorts, not as enthusiastically as other pot stocks thankfully, but short interest continues to rise. These are all normal these days, the companies that can demonstrate consistent growth and good profitability, free cash flow, will excel, it takes a lot of patience.
I’m still in, have been since .38, suspect $3 by Christmas. We will be up and down but as long as we have higher highs, and higher lows over the 1 yr chart, we’re solid. Remember, this is my “non technical” opinion, i’m Not trading, nor would I want to be, my hair is thinning naturally don’t want to be bald.
GLTAL