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Harvest Health & Recreation Inc (Sub Voting) HRVSF

Harvest Health & Recreation Inc is a vertically integrated cannabis company. Its segment includes the production and sale of cannabis with three business areas including cultivation, processing, and retail dispensaries. Cultivation harvest grows cannabis in outdoor, indoor, and greenhouse facilities. Processing harvest converts cannabis biomass into formulated oil using a variety of proprietary extraction techniques. Retail dispensaries harvest operates and provides services to retail dispens...


OTCQX:HRVSF - Post by User

Post by taffyappleon May 17, 2019 4:30pm
158 Views
Post# 29757088

Possibly trend in Harv's volume to take serious?

Possibly trend in Harv's volume to take serious?

About 4-5 weeks before the last big deal was announced (Verano), there was a noticeable increase in volume (one big institution, probably) buying Harvest stock. From the daily average of 250k-350k there was a day where an extra couple of million suddenly appeared. For Harv, which is relatively low volume, this was a very big day.

The same happened about one month ago (April 18th - volume: 2.85m). It's a huge spike. 

This would be the third time in a row THIS YEAR that a spike has appeared 4-5 weeks before a significant announcement, so I have just doubled up in the hope that I'm right.

I would like to add, just in case it's not completely obvious, that I'm not an expert trader (or any sort of trader) but I have an analytical background and the time to look into these sorts of things.

We just need Trump & Co to get some form of amicable agreement with the Chinese (over the trade war) and we could see Harv hit 15 within a month or two. I genuinely think it's going to happen, although I'm open to any other opinions. 

 

 

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