Nextleaf Solutions Ltd C.OILS

When is this thing going to find some legs?

[Rat1Race]

I've been here for the better part of 2.5 years now. I bought in in the .50's and rode this thing down and back up a couple times now. I'm thankful for the balls I had to average down and sell and rebuy in the patern I did as I made decent returns so far, even with the initial purchases.  Average now is 28 cents at like 350K shares. Something hilariously risky lol.

I am still just sitting here wondering when the uplift we get actually sticks, instead of just seeing these random thrill rides caused buy literally no different news or events that drive it up to the 35 and 41 cent ranges before cratering again. 

Will financials actually showing them making a couple mill actually cause any rise? It's obvious now that they will report some decent cash, but wouldn't that already be baked into the price now?

[BlueShips]

Good on you - it seems like you've done well so far.  I believe the catalyst will be sales. As most companies in the industry aren't earning bottom line profits or positive FCF, sales seems to be a decent proxy for success. When the company was on pace for 2m annual sales, it was trading around 19m market cap. Since then, there has been an uplift in price. Remember, Nextleaf was

[Adventurous]

We all know it will not be a straight rise up to a dollar. There are three reasons why the share price is taking a breather right now, which is logically a good time to buy on weakness: COVID is back up in several countries, badly hurting those who think they can do without a vaccine; Lots of buyers are waiting for THE NUMBERS, last Q report but more importantly the 1st Q report covering

[Adventurous]

You wanted legs, you have legs! No complain if we now hold and it goes back down to 25 cents, no complain if we sell and it goes straight to 40 cents. We are all in the same boat and have to assume our own calls. Not OILS' fault. Good luck to all!

[Rat1Race]

What a perfect time to have complained about the price. Maybe I'll chim back in tomorrow and take us to $.50 lol Their full year financials will be out in January, followed a month later reporting on the Q1 results (Oct-Dec) due. Should be interesting.