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Bullboard - Stock Discussion Forum Entourage Health Corp V.ENTG

Alternate Symbol(s):  ETRGF

Entourage Health Corp. is a Canada-based license holder producing and distributing cannabis products for both the medical and adult-use markets. The Company owns and operates a 26,000 square feet indoor facility in Aylmer, Ontario (the Aylmer Facility), specializing in product development and fulfillment for both adult-use and medical cannabis. The Company is focused on building a portfolio of... see more

TSXV:ENTG - Post Discussion

Entourage Health Corp > Greed and Fear
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Post by Wrywisdom on Jul 27, 2020 5:00pm

Greed and Fear

As Coxon said the other day, Weed MD is on track through a multitude of initiatives for exponential growth and profitability. Loss per share is now shown down to four cents. Compare this to nearly any of their competitors. 
       Greed and fear as the truism goes tend to dominate markets, and the slow trickling of Weed MD value is precipitating fear and irrational conclusions, actions and statements.
       One would be most foolish at this level to sell, as there will likely be a dramatic surge in the near future based on facts and performance.
       As with nearly all stocks, there is some manipulation going on and todays drop was precipitated by one big 150k share sale. Short seller? Perhaps trying to make stockholders more nervous to shake them out of shares?
       Who knows, but hang on! Patience will overcome fear and be amply rewarded.
Comment by Method on Jul 27, 2020 6:18pm
It's an interesting take and I hope you are right but isn't it safer to own the WMD.DB just in case, they need to raise equity?  The rationale for holding the equity instead is the liquidity but that preassumes equity traders will have the foresight to sell before dilution or equity holders are already accounting for dilution. Either way, only WMD.DB benefits from the dilution ...more  
Comment by Wrywisdom on Jul 27, 2020 8:20pm
I think that if there were to be dilution, and I am not convinced there will need to be (with the exponentially increasing revenues they are generating and profitability on the horizon), WMD will be running at minimum in the $2-$3 per share range. This may easily occur under a broad spectrum of circumstances, in which case dilution might be considered a worthy operational strategy to generate ...more  
Comment by Method on Jul 27, 2020 9:49pm
  that would be great. The WMD.DB are convertible so they start participating in the gains again above $1.60.  If you include the interest, you catch most of the upside with the lower risk (but less liquid) WMD.DB if the stock hits your targets. 
Comment by hieveverybody on Jul 27, 2020 8:52pm
This post has been removed in accordance with Community Policy
Comment by Jamanatron on Jul 27, 2020 10:57pm
You're a horrible liar, lol. So you sold those 150k shares today but also already since turned your fortune around... in a few hours! Dr. Nick, do you have a state of the art  juice loosener you're peddling as well?  https://youtu.be/viejY6UZ5Bk  
Comment by hieveverybody on Jul 27, 2020 11:07pm
This post has been removed in accordance with Community Policy
Comment by InvestingFool50 on Jul 27, 2020 7:11pm
And look what George has been buying in July ...
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