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48North Cannabis Corp. NCNNF



GREY:NCNNF - Post by User

Comment by valentinemassonon May 20, 2019 12:11am
158 Views
Post# 29760223

RE:RE:Analysis question

RE:RE:Analysis question
xelanitram wrote: I had drawn a bunch of possible paths on chart (posted may 6) for different scenarios, and have been deleting the paths it didn't follow. The one for this scenario remains... https://www.tradingview.com/x/wviqmGpx/


 Thanks for that ,  noticed you allowed a gap up to reflect license , more than likely there will be a gap up open Tuesday given the capacity and the model is absolutely attainable with seemingly realistic projections. Financials released Tuesday as well , these financials may not show tremendous profitability at this point , unclear on the total investment in Good Farm , although Humble and Fume is currently building an extraction Lab inside Good House and that is the financial responsibilty of H&F.

 In any regard , the financials may or may not dictate short term stock price. Market sentiment and in this case given as mentioned their capacity and business model, as well as unique strains from the Netherlands and a site full on at the ready , the first few harvests will definitely affect sp as the numbers roll in quickly and effectively.  More likely than not , many more shares will be purchased leading up to the first harvest. If capacities ring true ,  with low overhead and cheap operational costs in the neighbourhood of $0.20 cents per gram , 48 is on the road to real profitability.

 Good luck to all.

 VM

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