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High Tide Inc V.HITI

Alternate Symbol(s):  HITI

High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Company’s United States and international subsidiaries, inclusive of the United States warehouse which supports the distribution of accessories and other items to the United Sates and international subsidiaries. Bricks-and-mortar sales are conducted under the Company’s Canna Cabana brand, CBD product sales are conducted online under the FABCBD, Blessed CBD and NuLeaf brands, and online sales through e-commerce platforms are conducted under the Company’s Grasscity, Smoke Cartel, Daily High Club and Dankstop brands. Its brand Queen of Bud sells products across Canada both direct to consumers and through third-party licensed cannabis stores.


TSXV:HITI - Post by User

Comment by Ronbromleygrosson Sep 23, 2024 1:47pm
123 Views
Post# 36236723

RE:RE:RE:Ventum Financial has a $8.50 cdn target sp on Hiti

RE:RE:RE:Ventum Financial has a $8.50 cdn target sp on Hiti

I along with some very serious investors on other discords have all done our thorough DD on Hiti and Raj is hitting all his targets.  He and the team are executing.  Yeah it's frustrating for sure.

My guess is this stock is very much manipulated.  It's not a coincidence after every ER the stock pulls back.  Why would it when Hiti hits the analyst targets and then some particularly in this tough market and every other one of the companies reporting in this sector did not even come close to hitting the avg analyst target or their own company forecasts?  Instead those CEO's come up with BS excuses why they did not live up to expectations??? Same stupid excuses after every ER

My guess is Raj is the clear cut winner here and there are many other retailers or other bigger money guys threatened by our growing and continuing success qtr after qtr.  They are keeping our sp down!! (For now).  My guess is they know the system very well and more importantly the psychology of the avg investor out there who cannot accept a long term buy and hold strategy but instead thinks more along the lines of a day to day or short term thinker.  That's the group they know they will shake the tree and gobble up their shares during these weak moments from them.  Smart money will always accumulate shares in a very slow and gradual and timely manner not to rock the price up hard and heavy.  When they have enough shares accumulated, they and only they will unleash the hounds and move our sp up.  Up to now it's been only retail investors here but no big institutions or big whales invested here.  Only those guys will move our sp up not us.  We are too small to move the sp up.   

Our time will come when we least expect it.  That's how smart investors like Warren Buffet, Charlie Munger, Peter Lynch think,  That's how they always made their fortunes.  They buy and accumulate on sp weaknesses as they know their businesses inside out.  They know the inefficiencies of the market and they take advantage of that disconnect.  That's how I think too.  That's how you should think too.  GL.

 

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