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Wayland Group Corp MRRCF

Wayland Group Corp, formerly Maricann Group Inc produces and sells medical marijuana. It is currently engaged in cultivation, extraction, analytics and production facilities to elevate offerings and prepare for growth into the adult-use cannabis market in Canada.


GREY:MRRCF - Post by User

Bullboard Posts
Comment by AJL55555on May 19, 2018 2:44pm
133 Views
Post# 28056750

RE:RE:RE:RE:RE:RE:RE:Berta

RE:RE:RE:RE:RE:RE:RE:BertaHow are you equating compaby value; currenly, the SP does not reflect 50-100x company value. 
Furthermore, the post with the increae in short trades proves nothing if you assess the reason behind the increase in short trades. WIthin a one week period, the SP of maricann increased from 1.58 to 2.10. With an increase like that it provides opportunities for some investors to take their smaller percent profits and exit quickly. There is also a decrease in resistance points when a stock shoots up like this. Thus, shorters know this and utilize this. They are aware people will sell for a profit (regardless of the fact that the stock price wil steadilty increase over the summer) and so they short it as they know it is going to happen. This is normal and completely healthy. Personally, I think WEED/Canopy is the most overvalued company in the sector. 
Bullboard Posts