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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

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Post by moltingon Dec 08, 2021 1:12pm
207 Views
Post# 34211147

Smaller price movements possible

Smaller price movements possibleThere was concern expresed here that smaller price movements post-split would permit easier, steadier price erosion. That would be true if there was a reason for the SP to drop.

It looks like the smaller percentage price movements also allow for easier, steadier price increases if there is a reason for the SP to rise - like zinc staying in a profitable range for TV (Q4 looks to average around $1.50), decreasing debt, solid Q4 results etc.

We still need to get through the usual December year end tax loss selling, but a lot of that may have happenened early with the RS announcement in November. If so, 30 days after selling, some may buy back in with the rosier picture that's developing.

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