RE:Great OpportunityI agree, These lower levels are buying opportunities.
I see THCX added to their position to the tune of 100k + shares over the last couple days as well.
The daily trading volume vs. actual shares outstanding is minimal so it allows for some pretty easy manipulation for those that are looking to accumulate at these lower levels; It is not necessarily indicative of the company itself. When the accumulation phase is done, the smart money will quickly and dramatically move this up.
I own a metric S%$# ton of WLLW right now and as I adjust my holdings, I am adding even more. (Note: I actually own way more, percentage wise, than a prudent investor would, but oh well)
I am buoyed by the following details (non-inclusive):
- Enough cash that they don't have to dilute any further for the foreseeable future
- First sales showing there is an actual market and actually generating revenue now (how much, not sure, but it's the start of the transition)
- Revenue generation will slowly lead to an alternate valuation model for the company
- Willow THC can quickly sell into the Canadian Market
- Majority of management bonuses do not kick in until WLLW trades over $3
- The big placement at $1.65 was sold into smart money and it didn't include warrants, etc.
Management isn't in a position where they need to actively try to push up the stock price right now, so the market makers and others will perform their accumulate and distribute tactics with relative impunity, however as the goals keep getting reached and announcements come out, there is likely to be a cumulative effect of pressure building for that upward movement.
Just my thoughts, but this is one stock I have been recommending to family and friends at this level and I usually hesitate to recommend to those close to me for fear of a big loss.
Cheers and Good Luck