GREY:ALEAF - Post by User
Comment by
Oilspecson Jun 16, 2020 6:28pm
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Post# 31157751
RE:RE:RE:I wish I knew something
RE:RE:RE:I wish I knew somethingOilspecs wrote: stocktracker101 wrote: specs, got bids in at .45 incase it loses the 20weekSMA at .51.... it's already lost the 50daySMA.. should be good for another double in a couple of months in this range.
Oilspecs wrote: I have absolutely no insider knowledge, I wish I did. If the settlement with Aphria is anywhere in the 80 million range though it will be game changing for Aleafia. Insider knowledge pertaining to this would be greatly appreciated by anyone. I would even allow my wife to thank you with her mouth.....yes I would be that great full! The rest of my hope will come from the outdoor yielding north of 100,000kg, but that I can monitor myself and gauge price action at appropriate levels. For now I will be buying very large volumes at the lower support of .43 IF it ever gets there.
This industry is either a homerun or a strike out, this is why I find it funny when people keep trying to day trade it. I don't know about you but I am always putting my money behind the company that grows for 10-20 times cheaper than others. As long as the end product is EVEN close to others it will all be extracted from our industry leading production facility.
Distribution will be the key to all this and I have a funny feeling something is coming soon regarding this. As long as it comes before the outdoor is harvested we are looking good.
Regarding the 8,000/month, I don't like it either but I do not cry about it. Aleafia is not the only one doing the same deal, Weedmd just started doing it also, it is dumb but I guess all companies advertising on Facebook and other sites are stupid also for advertising their companies? Exactly! There are parameters that MJ companies have to oblige by law. They do not have the options that you think they have to advertise.
Debs are the next item that will be coming due, do they have the funds for them? Was that last raise directly connected to them? Maybe? Who knows but I will show you a chart later today showing that our top was there and they wanted to maximize their ability to pay off those debs just in case the outdoor went to sh-it. So if you look at it as an insurance policy and take into account that they saved a ton of money doing it then the raise was smart. The company will jump many positions in the poles IF the outdoor is a success, till then I see my entries with minimum exposure and tight stops.
The amount that Aleafia has accomplished in such a short period is astounding. I was expecting us to be where we are last year but I was naive and knew nothing about the industry and timelines. I am learning and have confidence in Aleafia becoming a leader. That being said, they have till the end of this year to show or tell their story. After that they will be forgotten by many. I think they will pull it off, if they can't growing for .10 CPG, what makes you think any other company can?
It is like Joe Pesci said in Casino......it's all about the dollars!
AHLONG
Ya, I would say between .43-.46 solid range to buy. You stocktracker are one smart cookie.
AHLONG
It also made a lower low on the weekly, not very good. That set up to buy on thursday was negated. Should have made its move Friday if it was valid. We have a fresh channel down now, .43-46 should be solid support, but if we do not have a reversal set up there then .37 is the last resort. I can not imagine it going that low again though. AHLONG