IM Cannabis Corp C.IMCC

Closing the Week ...

[WeeblesWobble]

under $4 ... again.  Not seeing any sustained share price increases on the immediate horizon.

[TheBridge]

Didn't take long for RockMacshine to get a chance to buy under $4. I think HenkeStenke is a little sharper and might wait to pick some more up under $3. But we'll see soon enough. Even with Highlander and Wagners and Germany and israel the ice they're standing on is very thin IMO. But then there's alway hope to rely on.

[WeeblesWobble]

There's also praying for intercessions by St. Jude.

[RockMaschine]

You seem like the kind of person who would say a price drop to $2-3 would somehow be a fault of the company even if the broader Nasdaq market falls another 10-20%. The key is being able to recognize this and take advantage when you can. CSE volume is nil and it is Nasdaq where this gets pushed around. Weakness in the tech sector impacts us albeit on a smaller scale.

[WeeblesWobble]

You are correct that it's not the company's fault the share price drops below $3. That is caused by investors changing how they view the company's prospects particularly increasing revenues and ultimately profits. Those two items are mgmt's responsibility to deliver. I guess we'll find out how 2021 went in the next few weeks. Got my fingers and toes crossed while praying to St.

[RockMaschine]

Thats pure BS. There are 65 million shares outstanding and no more than a half million change hands on any given day. That is in no way a reflection of the long term shareholder's view of the company and only the machinations of algos trading on sector and exchange weakness. Its precisely how this can move from $3.50 to almost $6 inside of a week on a purchase rumour and then sell just as fast

[WeeblesWobble]

One man's BS is another man's fertilizer.  Just ask any farmer.