GREY:ISOLF - Post by User
Comment by
EasyRider44on Jul 01, 2018 8:49am
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Post# 28256909
RE:RE:Just like to touch on the upcoming audited report.
RE:RE:Just like to touch on the upcoming audited report.Also you said aurora traded sideways for a year. Isol hasn’t traded sideways for 2 weeks in the past 7 months.
EasyRider44 wrote: There was clearly a lot of hype and FOMO when aurora ran to 15$ along with other sector stocks and a lot of the overall market if you look at the charts. Also insiders sold at 8$ saying the SP was bloated and it still ran to 15$. Were in different times. Nice comparison though.
bambambigleo57 wrote:
I would like to draw your attention to what happened to Aurora in November 2016, Aurora announced a 1 million dollar annual revenue, the share price was much lower but was first revenue and the company traded around $2 for the next year slowly rising to $3 around Nov 1st of last year, then the share price went from 3-4$ by the 8th of November.
There 2018 audited financial came out and showed 18 million and the share price jumped to $8.50 by November 27, and $15 a month after that, the stock was being mega bashed before the financials came out. So from $3 to $15 in 2 months after the major revenue catalyst have increased revenue by 1800 percent.
Next we will look at canopy Canopy, in November 2016 canopy reported their financials on November 14th, 2016 which showed it's first big increase in revenue year over year similar to aurora, the share price had been 2.65 earlier in the year and hit 17.86 shortly after releasing the audited revenues on November 14th, 2016. Interestingly the share price started to run up two weeks before the announcement for both companies, not that insiders let there family and friends know what's coming and they all load up early.
The same thing happened to Canopy again in November 2017 shortly after reporting and the price went from 13 to 44 DOLLARS OVER NEXT two months. Another notable spike just look at amazon look at last November after reporting, spiked 140$ over night. , great financial report spike in share price it's pretty simple math almost a law. Obvioyulsy ACB, weed examples are in our sector so more reflective but time and time again when Audited revenues come out for fledgling companies with PARABOLIC revenue growth the price tends to start to rise early, lucky friends and family lol, and the share price inevitably has a solid short term rise followed by a even more robust second wave rise.
That's sets the credibility in the banks eyes that just had a paradigm shift in philosophy created by the passing of bill c-45. So if you want to sell go ahead, miss the boat I will be happy to ride this baby for the next decade as long as they continue to execute. In two years our chart will emulate the last two years of canopy, why miss it.
JMHO bambam