RE:Predictions.....Islandcr wrote:
While we wait whats your guess at where we end up share price wise over the next 5 months into the end of the year?
August: Hopefully with on time or early AOR news .35-.40
September: Maybe roll out of retail? Sounds like they will make a play at Ont. if Gov there can iron out the rules and management actually execute on that. .30-.60 (possible CBD study update .60+?)
October: Run up to legalization, will be interesting to see if management has gotten their ducks in a row by then and setup for some kind of revenue at least within retail. .50-.65 (possible license news by then? .70+?)
November: More retail? Deals and or partnerships? .35-.65?
December: Even more tricky, lots of catalysts have passed at this point, possible new ones as things develop too. Could sell off into new year or could accumulate and start or runup into new year? .40-.85
Lets have your price targets...
Wow nobody responded ,I guess people don’t like making sp predictions in a bear market . lMAO
So here’s my guess and it’s always a guess so don’t get it twisted as I’m not a pumper . I think most of your predictions are pretty accurate Islandcr ,with the exception of I believe this will top out at around 2$ come new year and TFSA contributions can be topped up . I’m a firm believer that market will turn up hard when when retail investors least expecting . Every year the bull market in the fall runs a month later then previous year in the past . So that would put the top in around late Jan or early February this new year . This is my opinion mind you and I have have known to be wrong. So take with a grain of salt . Although last year in the summer I made the predictions of 1$ and was bang on the money , unfortunately I called the retraction bottom around .40 and we well below that now . Makes for good buying opportunities though . If we could only know for sure we’d all be rich ;)