Entourage Health Corp V.ENTG

Much positive News In the Course of Three Days

[Wrywisdom]

Just since Monday:

        -ENTG has demonstrated strength completing growth expansion of products through the acquisition of CannTx. Researching this further, they will be adding specialized products including resins and hash. From Monday's detailed release:

       'With new strains and further product expansion into hash, rosin production, tissue culture, micropropagation and craft cultivation specialties,'
This is a far more impressive development than I originally thought.

Further, within that same release they announced a further securing of their second 30 million dollar credit facility through 2022:

         ' The Company also announced today that it has signed an amendment to its second secured credit facility entered into on September 30, 2020 (the “Credit Facility”). The amendments to the Credit Facility modify the terms under which Entourage secured up to $30 million of debt financing over a two-year term ending in 2022.'

         Today they company made strategic personnel changes, and after opening at .17 someone made an 800k approx. sale to psche out the market.

         Short Seller? someone who didn't get a coveted job?  Who knows? No matter, this was a clear manipulation and will quickly pass. ENTG facts have only strengthened.

[Nicksonsnowboar]

Must admit you paint a pretty picture,but the  volume and the stock price tell the story. Again weed sector up today whereas you got it . 

[Wrywisdom]

That pretty picture is based entirely on the facts. Stock prices however are not based necessarily on facts, but  far more often on fear, greed, ignorance, pumping/upward manipulation, negative downward manipulation and the like.  This applies to grossly overvalued equities as well as dramatically undervalued ones such as ENTG. At least in Canada, ultimately facts do generally prevail.

[Bunchofbros]

Bingo! Well said.

[Nicksonsnowboar]

Keep telling yourself that 3 days of positive news? And 3 days of down. Volume remains anemic which usually leads to more downside. Something similar to the drop to .14 Question how low will it go why no upside?

[Robotme]

Ahhhhhh the emotional and disgruntled investor who can't release himself from his pouty tantrums. And if you're having a tantrum so should everyone else, I suppose. It's pretty pathetic you still spend your days here.