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SOL Global Investments Corp C.SOL

Alternate Symbol(s):  SOLCF

SOL Global Investments Corp. is a Canada-based diversified international investment and private equity holding company, which is engaged in investing in small and mid-cap sectors. The Company’s investments range from minority positions to strategic holdings with active advisory mandates with an objective of providing shareholders with a long-term return through capital appreciation, dividends, and interest from its investments. The investment sectors are primarily cannabis but also include retail, agriculture, quick-service restaurant (QSR) & hospitality, media technology & gaming, clean energy, and new age wellness.


CSE:SOL - Post by User

Bullboard Posts
Post by papajohn18on Nov 28, 2018 10:57am
59 Views
Post# 29033205

Here we go again

Here we go againThis company makes no sense whatsoever. The chart looks disgusting and there is no saying how low it will go. It SOMETIMES moves with the rest of the cannabis plays and most of the time does NOT make the same percentage gains. SOL has been beaten up so badly that its trading at less than 1/4 of its high on the year. The Verano investment seems expenisve to me especially if Verano is going public during these market conditions. Thank goodness they have cash and will not do any dillutive offerings but where this cash goes is questionable. Seeing the share price drop like a rock and much more rapidly and deeply than all its competitors is my biggest concern. AND we are talking about companies that probably have nowhere near the cash value SOL has(assuming they sold all their APH shares). The other concerning thing with having the share price drop so badly is that now the buyers scooping up these cheaper shares will be dumpng them as soon as they get the percentage gains they are looking for which most likely is under 100% in gains. I would say the serious selling pressure will come anywhere  below $4. This is all with the assumption that SOL stays at these levels. By the way the chart looks and the bid support it has I really hope it does not drop to $1.50 or lower. SOLneeds support and an investor awareness progam in place badly.
Bullboard Posts