GREY:FLWPF - Post by User
Post by
Snowhouseon Sep 04, 2021 11:47pm
261 Views
Post# 33815136
Disappointed with Flowr sp?
Disappointed with Flowr sp?What is happening with MJ sector this year is similar to the Oil & Gas sector happened last year. I know they are different sectors with different fundamentals. But the way shorts and MM's playing with the sp is pretty coincidental.
Look at some Oil companies like ATH, Crew Energy, Ensign, BTE. Also look at Bombardier (BBd). The share prices were dragged down to similar lows like 98% down. ATH was down from $2 to $0.10, Crew Energy down from $4 to $0.12, BBd down from $2 to $0.25, BTE down from $3 to $0.3 and so many other companies saw unbelievable levels last year. And now look at them today. They all are more than 10x up from 2020 May lows. Imagine 10x in just 10 months.
Sooner than later, MJ plays shall result in the similar parabolic sp spikes. I don't know if 10x or more. But I am hoping for at least 5x from here.
keep patience.
GL.