The Game Hasn't Changed, Only The Players.
Over the next 3 weeks, Namaste will be transforming and integrating into something new that nobody could possibly predict. The money raised will be put towards something(S) that will bring much more value to N in the very near future. Short term is non critical, and the patterns/trends taken today will ultimately bring us to newer highs long term, no doubt. The volume has been consistently higher than most days lately, and if it continues, expect this puppy to regain it's strength in a hurry! There something big brewing here.
People think that a 300% gain won't be followed by a major retracement. Well it happens. N went from 0.21 to 1.50, down to 0.70, up to over 4 dollars, then dwindled down to the 1.32 range while the sector cooled off....only to rerun up to 4 dollars again. The stock price is so volatile because of it's true potential. Always has been a wild runner, and always will be continually maniulated because of how powerful that the true investors realize, the potential of N will be. Eventually I expect there to be more sustainabilty once the Nasdaq is reached, however there will always be shorters and market manipulation no matter what, in my opinion.
Now I ask of all those who made a killing on this stock, when CannMart opens up momentarily, be sure to support the company thart made you all that coin by buying as much as allowed by your prescription when you get it. Even if you don't think you need that much product, just go for it to give N that great initial boost for their first quarter of medical sales! Obviously I'm asking only Canadian investors to do this.
I believe they are reaching somewhere between 18,000-20,000 patients soon. Aurora currently has only just over 43 K patients according to their new quarterly report. That is after making ridiculously priced acquisitions at extreme dillution of shareholders. 950 million shares on the Toronto exchange alone, which is absolutely nutty to watch in L2. Namaste MD allows them to acquire patients at such a discount in comparison to the deals that Aurora struck over the last year, yet N is trading at 16 X less than ACB at the moment. Let that sink in of how undervalued N is.