GREY:FLWPF - Post by User
Comment by
InvestABCson Mar 17, 2021 12:52pm
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Post# 32817079
RE:BC Black Cherry Is Home Run! ⚾️ 》》
RE:BC Black Cherry Is Home Run! ⚾️ 》》Unfortunately, 2 strains in an overly saturated market does not give me the warm and fuzzies.
conversely, the dwindle down puts us now at 52week lows and the bid is extremely weak all the way down, literally a couple hundreds thousand shares. Now....the same can be said for the ask, it is a little more stacked, but not much in the way of walls and such, just 250k shares upfront to be gobbled.
Looks like 2 or 3 retail minnows jockeying over halfpennies, consistently upping the bid and lowering the ask, selling in the bid, etc... but the ask keeps throwing more shares on.
Obviously many want out and i dont blame them. Nothing being communicated, Terrance shares being cashed for double the value pre-acquisition, and diluitoion do not add up to happy shareholders...
The mgmt is not well served to put out fluff nrs, but at the same time, comforting their shareholder base in a time when not all canna is dwindling down to record lows, would be smart...problem is, the mgmt's past has not been well recieved in the market or in the sector in general.
These folks have ALOT of making up to do, and iot starts NOW!!!!