RE:RE:RE:RE:Gap up tomorrow,VENMan wrote: The Share price closed on the top of its candlestick which indicates a strong open in the morning but the thing is all day today there was so many shares on the Ask, I just couldn't believe it. The buyers showed up and hit the Ask all day and we had above average volume but honestly if the Ask had fewer blocks we could have closed at least 5% higher than we did. I was comparing our Ask with WEED and their Shareholders just held on. Their was never as much on the Ask for WEED as their was for us and as a result WEED stock ran up higher than we did. I know its not something we can control but why are so many here so quick to sell. Some shareholders here must honestly have no clue what long term potential this company has and must of just bought in at $2 or $3 bucks based on luck. I bought shares at over $5 and some at over $8 and I'm not selling because the long term potential for HEXO is great. I hope the Bid is higher than the Ask all day tomorrow. All IMO !!
quebec4ever - wrote: Hexo is in a perfect position to run!!!!!
im not sure it all going to be as straight up as some may think. I think legalization will Create a dump and let’s not forget hexo was at 7.76 a week ago? I took profits today and I don’t care about missing the short term up. I def believe in hexo however - big however. Even in article today details “buy” under “medical research” there was “none” for hexo. So we know we won’t have a US listing till maybe Nov but Dec? Dec is usually selloff anyway. But.... nothing from molson JV until late next year,
R&D can’t really be started until permits go through at belleville for construction etc - molson JV is for beverages which are already created in USA and nothing preventing that from coming here think NBEV. I’m just getting a little stuck on the lack of research happening NOW. Watch aphria VN discuss recently how big pharma buy out only after research and IP are completed rather than providing funding for the research - so what we will be waiting on is a listing in Dec and possibly other JVs. ? Also quarterly s may not end up being very good! Or will they? Not to mention that our beloved hexo is TERRIBLE at providing NR so once things go quiet after wed - it could be weeks before we really hear anything. Stale.
I know you follow closely so just putting it out there that our green is our own and I am protecting my gains - what goes up must come down. Don’t get caught in the dump esp if you bought some shares in the 8 range.
-Lisa