RE:Broker 079 doing his thing again today!079 is CIBC World Markets.
It makes sense that they would be doing this, as annoying as it is. Traders make money on whether they buy or sell, and they make the most amount of money during volatile markets. They defintiely mark of dates for when companies list on another exchange knowing it's going to be turbulent. Things will probably settle down over the next week and they can move on to their next candidate. As people have mentioned, upcoming news will break the hold they have and hopeully get us to new ATH, that this company rightfully deserves.
In a recent interview Greg said they are actively searching for a beverage partner, and that they are exploring entry into the US. The don't want to be a hemp cultivator though, so it could just be a brand partnership. This would mean getting hemp CBD supplied to them and then they would produce branded goods. Sounds like a solid plan to me.
Lastly, I have found that OGI management has never lied and always provides insight into their current plans, and they always execute where they can. They said they would be looking as listing in the states, and then a month later here we are. If they are saying they are actively searching for a beverage partner, and are looking at US entry options/partnerships, then that's exactly what they are doing, and a fresh PR is right around the corner.
Dixie Brands jumped 10% today after they announced they are coming out with CBD fizz tablets for drinks.Beverages and CBD is a massive play in the states, and partnerships between a Canadian LP and a US MSO is exactly what people want.
Good luck all.
itsnevertoolate wrote: He is doing his best to work the share price up and down to make his daily wage..buys one minute, sells the next all the while making a few bucks off the spread each and every time...crazy!