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Bullboard - Stock Discussion Forum Aleafia Health Inc ALEAF

Aleafia Health Inc. is a federally licensed Canadian cannabis company offering cannabis products in Canadian adult-use and medical markets and in select international markets. The Company is engaged in the production, sale, and distribution of cannabis. It operates a virtual medical cannabis clinic staffed by physicians and nurse practitioners which provide health and wellness services across... see more

GREY:ALEAF - Post Discussion

Aleafia Health Inc > Damn where is the bottom on this thing
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Post by sthinei on Apr 26, 2021 12:51pm

Damn where is the bottom on this thing

My primary hope is for a buyout. Any potential buyers may wait for next earnings which will show revenues lower than last and provide pricing that may allow for bargain hunters.
Comment by Francoic on Apr 27, 2021 9:13am
Why didn't you sell 2 months ago when it was between $ 1.26 and $ 0.93? You are right; it's time for a buyout. Thus, after spending a few million dollars to bring and maintain this title around $ 0.55, they will be able to offer a nice premium of 60%, which is the equivalent of a nice $ 0.90 paid in buyer's shares, share which will be devalued by 20% because of its dilution ...more  
Comment by stocktracker101 on Apr 27, 2021 10:53am
This post has been removed in accordance with Community Policy
Comment by sthinei on Apr 27, 2021 12:36pm
I did sell some but not enough and then bought some back prior to earnings. Personally I was surprised that wholesale prices fell that much even after warning that sndl wholesale prices were like .80. In the previous qtr sndl wholessldpricing was also horrible and I felt maybe it was them liquidating and getting out of that business. If aleaf was able to get even 1.20/gram for their wholesale the ...more  
Comment by ShakngMyHead00 on Apr 27, 2021 1:55pm
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