Brutal earningsMajor support $2.38
I expect OGI to trop to this share price or lower before next earnings.
Pre-market sp is $3.000
Based on earnings of $14, and a huge loss of $64 million, the sp is way to high.
In fact, if we think back 6 months ago, when OGI was trading as low as $1.38, we have similar financials now.
My point??? Given the brutal earnings across the entire pot sector, given the fact that the candlesticks show a lower high price lower low for the monthly time frame, we are in freefall,
a falling knife!!
Where is the bottom???
For OGI???
under $2.00