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High Tide Inc V.HITI

Alternate Symbol(s):  HITI

High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Company’s United States and international subsidiaries, inclusive of the United States warehouse which supports the distribution of accessories and other items to the United Sates and international subsidiaries. Bricks-and-mortar sales are conducted under the Company’s Canna Cabana brand, CBD product sales are conducted online under the FABCBD, Blessed CBD and NuLeaf brands, and online sales through e-commerce platforms are conducted under the Company’s Grasscity, Smoke Cartel, Daily High Club and Dankstop brands. Its brand Queen of Bud sells products across Canada both direct to consumers and through third-party licensed cannabis stores.


TSXV:HITI - Post by User

Comment by Ronbromleygrosson Aug 13, 2021 7:18pm
71 Views
Post# 33705143

RE:Anyone here before Meta?

RE:Anyone here before Meta?

Well done trader

No I started buying around Feb or so this year.   My first few purchases were at .70 pre split and kept buying in 5,000 share purchases each time at around that same pre split price.  

Was surprised at the dip in price since Nasdaq listing like so many others.   It didn't faze me though as I knew this was all manipulated down to give the big boys runecti accurate on the cheap as they knew there were too many inexperienced and young newbies who have never gone through and orchestrated shakeout like this and they would more than likely sell rather than buy or hold at a minimum.  

 I kept buying on dips and continue to do so.  My guess is we may have seen the end of the pullbacks in price.  The company looks to be getting held by the strong hands.   They probably accomplished what they wanted.   

Good news is we still have the large percentage of shorts who need to cover.  That will nice the price up well.  

The company fundamentals just focusing on revenues and earnings to date warrants a much higher price.   

Wait until we get the official usa legalization.  Regardless as Raj said, even without USA Hiti is well positioned to griw and prosper.   Looks like Raj has been busy with interviews and getting the Hiti name out there.   Tge institutions are starting to nibble away.  My guess is those nibbles will turn into significant positions.  

I own just over 9k shares and gave no intention of selling.   This is a multi bagger in the wings.  My early retirement fund.  

Congrats on your great avg price. 

Ron 

 

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