GREY:NCNNF - Post by User
Comment by
greenalyston Jun 19, 2019 10:24am
83 Views
Post# 29839755
RE:RE:Do we have the same problem ?
RE:RE:Do we have the same problem ?I do tend to agree that ever since the Eight Capital deal was announced and executed the short concern arose and new downward pressure seemed to be ever present. NRTH got cash out of the deal but it may have messed with the SP which is suffering more now.
This company has NOT missed a mark to date and is getting little respect. They carry on and when they demonstrate their margins, increasing revenues and profitability the longs will be rewarded as investors and possibly other monster companies come running.
Charles1 wrote: Form, the fact that you are asking this adds to further discrediting you. Beyond the "moon" vision you shared- this is far from why NRTH is seing downward share price pressure. Consider a few things:
(1) Macro cannabis stock headwinds
(2) Summer liquidity
(3) Technical loss of the 0.86 support, 0.74 is next for near term support