RE:HEXO with Molson x2 and Others... Pump and dumps require a few things that excludes HEXO from being one....
First, a Pump and Dump usually involves a company that has a great deal of positive news being published. Currently HEXO has little media coverage therefore it is missing that component
Next a Pump and Dump usually involves companies that promise to deliver big returns however have yet to deliver anything to the market. HEXO has indeed delivered a number of award winning products and these are carried by Government of Canada agencies.
The fact that HEXO has delivered product, that they are working with Molson Coors and have contracts with the Governement of Canada negates the chances of this being anything remotely tied to a Pump and Dump.
DYODD
Q
- long on HEXO
quinlash wrote: HEXO is partnered twice with Molson Coors.
Molson Coors is partnered with Coke
Molson Coors is also partnered with Dwayne Johnson "The Rock"
HEXO has 9 supply agreements across Canada and is now online to sell products to 17 US States.
HEXO has medical supply agreements overseas.
All the supporting links are provided in my Research Links Post.
While personally I see the odds of HEXO being a pump and dump very slim and a solid bet for a long term Cannabis Play (especially tied to future US Cannabis Legalization) I would consider the best bet to starting a position, or averaging down a current position with a higher Shareprice average, to be and grab shares on a daily or weekly dip or a daily low.
If you are sitting on the stock in the red (like many of the longs) then you can set a Sell Order for whatever profit or loss you can accept and leave that order open for any number of days or weeks.
GLTA
Q
- Remaining long on HEXO