GREY:BZAMF - Post by User
Comment by
UserErroron Aug 07, 2018 4:43pm
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Post# 28423605
RE:Proof pump is coming for Auxly...
RE:Proof pump is coming for Auxly... Sorry, what's the proof? Closing flat and marginally above their 52 week low?
I guess that's proof they are near the bottom....
brentweed wrote:
The catalyst will be that the management has options that are convertible at 1.80. They just started the trading of 32,200,000 warrants that are also convertible at 1.80.
Coincidence? Definetely not
This compay has a ton of cash on hand and they have a lot of partners that can release positive news at any minute. Do I think they are deceptive? Absolutely. Will that prevent them from getting the price to 1.80 in order to convert their options? No chance.
Look at their chart history. When they want this stock to jump...it triples in a couple weeks. They know how to pump it up and then fade it over the following months. Legalization is around the corner and there will be a pump beforehand (buy the rumour, sell the news). Just know that when the price reaches 1.80-2.40$, there will be a massive selloff (with all the warrants and options adding to the float). If you want to make some good money just sell your shares for a 1$ gain when it hit 1.80. Then open up a short position when you see it start to lose steam...You can make another buck on the way down.
This company is predictable when you stop looking at the story..and start looking at the people. They are hustlers...doesn't mean you can't play the game along side them. You buy right now (I think bottom is between 70-77 cents). You join them on their pump back to 1.80 (they placed the warrants there in order to incentivise investors to get the price back there), Then you sell at 1.79-1.80 and count your money.
They have a ton of positive NR's that don't even have to pan out in order rocket their SP. This sector is full of speculation...and these guys are kings at peaking peoples curiousity. Hugo answering a Q&A last week...Chuck doing an interview with Tiko yesterday...The stock bottoming out around the high 70s.....
This stock is perfectly primed for a pump and the fact that chuck and hugo have been active latey (after months of silence), tells me we are about to be rewarded as longs. Watch for the spike.
GLTA