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Greenlane Renewables Inc T.GRN

Alternate Symbol(s):  GRNWF

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and sold by the Company under the Greenlane Renewables brand, remove impurities and separate carbon dioxide from bio methane in the raw biogas created from the anaerobic decomposition of organic waste at landfills, wastewater treatment plants, farms, food waste streams, and other feedstock sources. It is engaged in deploying the three main upgrading technologies: water wash, pressure swing adsorption, and membrane separation, plus proprietary biogas desulfurization technology. It has delivered over 145 biogas upgrading systems into 19 countries and over 160 biogas desulfurization units.


TSX:GRN - Post by User

Post by Renofundon Mar 05, 2021 5:58am
154 Views
Post# 32725683

Some thoughts ...

Some thoughts ...Take em or leave them, but a thought and observation.  We had an amazing run from Nov to Feb.  It really was.  These runs draw the attention of the day traders, rookies, you know ... that type of "investor".  Nothing wrong with them, but they create a lot of volatility.  They are looking for momentum and will complain when this doesnt go up 8% a day.  They are the ones calling out their price targets, based on nothing other than licking their finger and sticking it in the air.  When the momo slowed down on the this name, they got bored and started to exit and looking for another microcap where they could hopefully find another gem.  When they were in this name, it probably scared off real investors as they did want to hop on a name that was up 4-5x in a couple months.  This pull back, while it may draw in some of the chat board heros (mind you they may still be confused as to why markets go down), will draw in the investors we WANT.  Think small cap funds, etc.  BIG blocks and sticky money.  They were waiting for this, knew it would come, just didnt know when.  
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