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Inner Spirit Holdings Ltd. INSHF

Inner Spirit Holdings Ltd. has established a growing network of recreational cannabis stores across Canada under its Spiritleaf brand. The Spiritleaf network includes franchised and corporate-owned stores. The company aims to be the most knowledgeable and trusted source of recreational cannabis by offering a premium consumer experience and quality curated cannabis products.


GREY:INSHF - Post by User

Comment by cudjoon May 15, 2020 9:23am
89 Views
Post# 31032358

RE:BMO Nesbitt douche

RE:BMO Nesbitt doucheif just pennyflippers are investing here, it is time to move on, volume here is not high, a few investors with a few hundred thousand shares each can quickly move this stock down, or up.  Problem is volume, with low support/bids.  The companies profile needs to be raised with institutions willing to invest in this market.  Throw in 3 or 4 analyists, a 4/5 institutions and you have built a foundation.   Institutional trading will be required to give this stock some balance, and that will not happen until the legs are firmly established under the company.  That is 4/5/6 quarters away, maybe more.

If the feds (USA) go legalization route, it will take away the last stigma for institutions and then they will look for good bets with a future.  Until this happens, the volitility here will stay, if you believe in the future, buy on the dips and hold.  If your here for a quick hit, you picked the wrong pony.  Patience is required, fretting about the daily price lowers your immune system, and right now, that should be in tip top shape.  Good luck, Wash your hands.
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