Good Natured Products Inc V.GDNP.H

Alternate Symbol(s): GDNPF

Chemicals Basic Materials

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company engineers and distributes a diverse range of bio-based products across various sectors, including grocery, restaurant, electronics, automotive, and pharmaceuticals. Its operations are within the packaging and consumer goods manufacturing industry. It offers over 400 products and services through wholesale, direct to business and retail channels. It also offers direct purchasing through its own e-commerce platform in the United States and Canada and through Amazon and other third-party channels. It offers consumers, business owners and operators’ plant-based alternatives to everyday petroleum-based products that are being used in homes and businesses.

TSXV:GDNP.H - Post by User

Good Natured Products Inc > Will not be averaging down here

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Comment by Chefboy69on Oct 28, 2022 5:05pm

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Post# 35056942

RE:RE:RE:RE:RE:RE:RE:RE:Will not be averaging down here

i understand the low volume sitaution causing the stock price to be low and any large volume will move this higher up 300%????
I don't think so..
and Russell Index and small cap indexes do not buy PENNY STOCKS

but nice try

esifor wrote: Over the past I had dealt with small caps like this. If the underlying economics is good, the stock will eventually pick up. And when it picks up, it is not a 20-30% increase, but rather 200~300% increase.

When the market cap is low and the stock is cheap, there is no volume, so it doesn't show the real price. I tried buyign some when it dipped into $0.25 but I couldn't. Even a small buy order will quickly erase the bids and the fill price was higher. It took me a whole week to add a bit to my position without lifting the price myself (I was holding the bottom and my bid price for a whole 3-4 days with a mere $20K or so of buy order).

When the reality starts to kick in that this is a good stock, as the price goes up, it gets into lists such as Russel index (e.g. Russel 3000) and suddently ETFS and institutional buyers start taking note and picking the stock up, hitting the price further up.

The longer this stays undervalued, the more I pile up at low prices. Hard part is knowing when to get out once it picks up.