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Bullboard - Stock Discussion Forum 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... see more

TSXV:HITI - Post Discussion

High Tide Inc > 5 minutes left for cheap HITI shares
View:
Post by ProStreet340 on Nov 02, 2020 3:56pm

5 minutes left for cheap HITI shares

Get em while you can, I don't think this price will be around for very long...
Comment by ProStreet340 on Nov 02, 2020 4:03pm
Approx 200K shares sold in less than 4 minutes at $0.17 - wow !!! Now thats a tell-tale sign that something is about to happen. Hang on and don't sell till your ready, s h i t s  about to get real... Bets to all PS340
Comment by Shlinker_ on Nov 02, 2020 5:29pm
Yep, buy now, so when the company merges with META and announces a share rollback the same day you can use that as a capital loss, because this will drop like no other. Rest assured the plan here is to allow a low priced private placement. Retail holders will be holding dead paper for well over a year Imho.
Comment by Weedmsterbadger on Nov 02, 2020 6:52pm
That's what you came up with what would be the share count if they merged with no reverse  split 
Comment by Weedmsterbadger on Nov 02, 2020 7:35pm
Why would they reverse split the have money liabilities been postponed revenue will be around 140 million net margins will improves from 18% stop spreading rumours not reversal it after merger float will be around 350 million shares revenue closing on 200 million in 2022 this is golden no reverse split here 
Comment by Shlinker_ on Nov 02, 2020 11:14pm
Try 485,000,000 shares outstanding. And they will have about 15M to double the number of stores they have? How will they pay for them all? Revenue will not support expansion. Reverse split is very likely, that's all I can say. 
Comment by LI4VESTREAMS1 on Nov 03, 2020 12:50am
This post has been removed in accordance with Community Policy
Comment by Weedmsterbadger on Nov 03, 2020 7:39am
If your generating 200 million in revenue with a 25% net margin it surely justifies they market cap they'll carry I doubt that a reverse split is neede here unles the can't pay the depth 
Comment by ProStreet340 on Nov 03, 2020 8:56am
Shlink - show me where the 485 mil shares comes from... I just don't see where that total adds up... PS340
Comment by biagi65 on Nov 03, 2020 9:03am
Lol , they allready said that there will be a RS
Comment by Weedmsterbadger on Nov 03, 2020 12:28pm
where show me 
Comment by Sam129 on Nov 04, 2020 8:35am
https://www.reddit.com/r/weedstocks/comments/ifx3ak/comment/g31kqut
Comment by Shlinker_ on Nov 04, 2020 8:51pm
Thanks for the link. Hopefully they wait for the RS, wait until the market values this company properly. 
Comment by NSPfacts on Nov 05, 2020 10:23am
This post has been removed in accordance with Community Policy
Comment by biagi65 on Nov 03, 2020 8:57am
[/quoProStreet that's nothing only 34000 dollar.
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