Delta 9 Cannabis Inc DLTNF

RE:RE:RE:Every dog has its day ours is coming!!!

[meowmeowmeow]

If you like cheap shares, wait a week longer so you can buy them for even lower xD
Institutional Investors can make mistakes too, not just hedge fund managers for example:

Canaccord Genuity Corp investing 20 million at $2.70 in Dec 2017
https://www.newswire.ca/news-releases/delta-9-announces-c200-million-bought-deal-662518513.html

Auxly investing $16.2 million at $2.75 in Sept 2018.
https://www.globenewswire.com/news-release/2018/09/06/1566260/0/en/Auxly-and-Delta-9-Announce-Strategic-Investment-and-Supply-Agreement.html


Mackie Research Capital Corporation and Canaccord Genuity Corp loaning 11.8 million in warrants with an exercise price of $1.21 in July 2019

https://www.delta9.ca/blogs/press-releases/delta-9-announces-closing-of-11-8-million-public-offering-of-convertible-debenture-units

The only investors that have made money with this company are shorters :)

Check out this article about why Delta 9 is undervalued,
https://stockhouse.com/news/newswire/2018/12/06/canaccord-analyst-delta-9-currently-undervalued

Their main points were:

• Delta 9 has one of only four retail licenses in the province of Manitoba, NINE’s primary base of operations
• Primary base of operations? More like only base of operations with 3-4 stores

• Retail partnership with Canopy Growth Corp (TSX: WEED) in Manitoba
• Limited their growth potential as store count is tied to Canopy. What did Canopy do, they bought a competant retailer - Tokyo Smoke
• Retail partnership with Westleaf Cannabis
• Didnt they sell this "investment" for a loss, after doing absoloutely nothing with it loool
• Strategic investment by Auxly Cannabis Group Inc (TSX: V.XLY)
• Pretty sure Auxly is regretting their investment considering they are down 69%

88guy88 wrote: Let them keep shorting....I like all the cheap shares.....even hedge fund managers make mistakes....just look at the example of the sharp minds that short the banks and yet they have no idea how Canadian banking system even works especially with our mortgages.....so don't give too much credit to the intelligence of hedge fund managers.....they are just people and they can make stupid decisions just like the rest of us...lol