Nutritional High International Inc. Ordinary Shares C.NHL

Primary Symbol: SPLID

High Fusion Inc is engaged in the manufacturing, processing, and distribution of infused edible products. The company's operating and geographical segments include Palo Verde; Pasa Verde; Oregon; Colorado; Nevada and Washington. It generates maximum revenue from the Palo Verde segment.

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Nutritional High International Inc. Ordinary Shares > Feels like someone farted in the elevator

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Comment by LiquidOctopusV2on Jul 04, 2019 2:49pm

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Post# 29887345

RE:RE:RE:RE:RE:Feels like someone farted in the elevator

Regardless of where you see this downticking on a low volume, there is a large community of longs on this stock. What you see traded in a given day is probably a smaller volume than what cumulatively any given 4 members of this board hold. Nobody is happy with downtick in price but the vast majority of shares are being held.

The firing of Bruce Linton may have a broad impact that everyone will feel. Frankly, I've been saying over and over again that the biggest weed companies (by market cap) are a bad investment from a material standpoint because they're overvalued. EAT doesn't have that problem. It's still the best value by revenue. Other factors hold it back. I strongly believe the company can turn the share price around by a) doing what they say and b) keeping a focus on their current market plan.

420man wrote: My guess, & id like other ideas .. is good support at around .13 and after that maybe around .03 looking at the all time chart but honestly I’m no expert. Probably a few other levels of support can be found on 3 mo chart.

I think the market cap would be too low down there, it wouldn’t make sense . Not that the market is rational at all . Feels like a large sector correction as the pigs make up has come off .