RE:RE:Pump and dump Why HEXO is unlikely to be a Pump and Dump
First off… What is a Pump and Dump?
Pump-and-dump is a scheme that attempts to boost the price of a stock through recommendations based on false, misleading or greatly exaggerated statements. The perpetrators of this scheme already have an established position in the company's stock and sell their positions after the hype has led to a higher share price. This practice is illegal based on securities law and can lead to heavy fines
Link to Reference
https://www.investopedia.com/terms/p/pumpanddump.asp
A Pump and Dump scheme is a real thing and it happens more than one would like to think possible on the stock market. Companies are formed and unscrupulous individuals intentionally set out to promise investors large payouts while not producing anything in regard to products or services.
So why is it unlikely HEXO is one of these?
1 – We have seen the company produce products and sell these products through Government of Canada websites. We have also seen them involved with deals with each of the provinces, including s billion-dollar deal with Quebec.
2 – Royal Bank of Canada has been the auditor on several the deals put forward by HEXO. Royal Bank would never risk associating their name with a company they suspected was not legitimate
3 – We have seen not 1, but 2, joint ventures formed between HEXO and Molson-Coors. Molson-Coors would have not only had their own bank review the deals but would have done some of their own due diligence on HEXO to ensure their investment, and more importantly, their reputation was not being put at risk by working with HEXO
4 – Canaccord, a large under-writer, as invested over 100 million dollars with HEXO through the purchase of shares. Canaccord, again, like Molson, would not risk getting in bed with a company that it suspected may not be successful in the future.
Davidtepperss62 wrote: pikeroo_007 wrote: Une pompe et un vidage ont t mentionns ici, c'est la chose la plus stupide que j'ai lue depuis un moment.
Tout d'abord, si vous voulez faire une pompe et une dcharge, prenez une entreprise o le flotteur est extrmement bas, il peut donc tre facile de prendre le contrle du flotteur. Savez-vous combien d'argent il faudrait pour faire cela avec Hexo? Common .... recherche classique sur les pompes et les dcharges Guy Gentile. J'en ai vu un dans une entreprise de ramassage des ordures Avalon Holdings. Ticker AWX. Le stock allait de 2 $ 40 $. Il avait un portefeuille de 3 millions l'poque. Je pense qu'il en possdait 1,8 million ou plus. Hexo n'est pas une pompe et une dcharge. Il avait besoin d'un rpit. Je ne m'attends pas ce que beaucoup du prochain rapport, mais plus sur les rapports 2-3-4 aprs cela. Au milieu de 2021, cela pourrait facilement revenir ses jours de gloire de 10+. Vous pouvez donc entrer maintenant et attendre ou attendre aprs les gains, ce qui est plus sr et pourrait ventuellement tre moins cher. Comme 1.00-1.20 The problem on the stock market is the Day Traders and also the shorts especially made by Anonymous and Canaccord. So if the company is doing well why do UP and DOWN or shorts. I think that over time the stock market has become an aggressive gamblers day traders manipulative casino game like the brokerages Anonymous and Canaccord who always try to control the actions of all companies and these very easy to see what 'They always win.