RE:Nice run.stock1829 wrote: ...but there are no real fundamentals supporting it - just emotional trading. This will settle down today and start slipping back again.
- As predicted - Meni is ditching the vape business, hiring directors, and trying to make the unprofitable Cannmart - profitable. Also interesting to see he is looking to Shopify to backend the international business.
You can make the same case for many of the cannabis stocks. It's all about investing in companies you believe have good growth potential. If you can't convince yourself that Namaste's sp will be higher after the auditor's report is released then don't buy the stock but if you trust now that Dollinger is gone for good that Namaste will have a better tomorrow then it may be worth taking the chance there will be a new market outlook for the stock. The next few weeks will be critical to see if Namaste's management has put the company on the right road to recovery.