Lifeist Wellness Inc V.LFST

L2

[whisky11]

Level II Quotes

Orders

Shares

Bid

Ask

Shares

Orders

13

191,000

0.235

0.24

203,500

2

17

135,000

0.23

0.245

79,000

8

9

36,000

0.225

0.25

101,500

12

14

82,000

0.22

0.255

65,000

4

2

8,000

0.215

0.26

35,000

4

[theticket]

There’s that illustrious L2 post again. Nothing to do but post L2.

[stock1829]

Nothing can be gleaned from level 2 quotes.  It's only for the amateurs.

[randomtask]

for people who are "long" here, i agree, no value added.  To others, we can agree to disagree on that.

[steveM45]

Agreed...that's why I post it for whisky.  Not sure if he understands the numbers, but he seems to get excited about it. Poor guy needs some excitement in his life...happy to oblige!

[Boilermaker79]

Steve you a buyer around .20 cad?

[steveM45]

No way, can't even consider it until the bottom is found.  Overall markets and almost every MJ stock is rallying hard, one of the best days of the year for the sector! But Namaste is down on above avg volume...clearly a bad sign. Imagine if it was a red market day. Besides, I can't see how N is a better bet than almost any other MJ stock.  My only long term MJ hold is Canopy

[Boilermaker79]

How do you determine the bottom? Hopefully this is just a continuation of a sell off because of the financials and not a leak for more bad news to come.  I don't really see much for positives here other then waiting for the health Canada license for cannmart labs. Other then that, financials in 3 months won't be good, no news releases ever really help this stock so I don't see

[steveM45]

Well, .23 is the last indicated support lvl but I don't see it as strong. If that breaks, the next one down is .20 and is stronger there. So I want to see where it rests after the post ER trading sessions, typically lasting about 3-5 days after ER's. The only positive I could speculate about, but wouldn't bet on, is finding a white knight. Cash raise seems more inevitable at this

[randomtask]

Even with a HC license, Labz won't be profitable, even if they could miraculously generate revneue before Feb.  So even if there is a positive movement in share price, they are still out of business in 4 months.  This will be hard for the donkey and lhama to comperehend but just like other LPs, profitability for Labz would take years to accomplish.  When you only have 4 months

[Stalkhouse]

This post has been removed in accordance with Community Policy

[randomtask]

Amazing intel, Lhama!!!  Fortunately and thankfully, Steve has already provided us with a much more indepth look into the floor falling out.