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Bullboard - Stock Discussion Forum Herbal Dispatch Inc C.HERB

Alternate Symbol(s):  LUFFF

Herbal Dispatch Inc. owns and operates cannabis e-commerce platforms. The Company’s flagship cannabis marketplace, Herbal Dispatch, is a source for access to small-batch craft cannabis flower and a wide array of other product formats. It provides dried flower, pre-rolls, concentrates, vapes, edibles, oils and capsules, topicals, cannabidiol (CBD), plants & seeds, accessories and others. Its... see more

CSE:HERB - Post Discussion

Herbal Dispatch Inc > Nowhere BUT Up
View:
Post by Smokey1958 on Feb 12, 2021 8:44am

Nowhere BUT Up

As Gal suggested it seems the reset by LUFF is both measured and focused and not without some serious reflection. While the private placement and recent loan offered shares and warrants at bargain basement share prices the resultant capital looks like it has been and will be used to position the company to be much more successful. Morningstar's Fair Value sp is also measured at $.06 but I'm optimistic when their speculative 1-star valuation has been steadily increasing and now sits at $.53.

It would be great to see the stock breach one or two of the resistance points that sit at $.05, $.055 and $.06 this morning. There's strong support at $.04 so it looks as though LUFF may have found a new, sustainable plateau.

GLTA!!!

Comment by DuaLipaRules on Feb 12, 2021 11:26am
This is very helpful thank you
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