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Bullboard - Stock Discussion Forum Red Light Holland Corp. C.TRIP

Alternate Symbol(s):  TRUFF

Red Light Holland Corp. is a Canada-based company. The Company is engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, as well as a premium brand of psilocybin truffles in the legal recreational market within the Netherlands. Its subsidiaries include RLH Netherlands BV, RLH Farms BV, Red Light Holland (Subco 1) Inc., SR... see more

CSE:TRIP - Post Discussion

Red Light Holland Corp. > Next 2 weeks will be telling!
View:
Post by InvestABCs on Mar 22, 2021 9:35am

Next 2 weeks will be telling!

I anticipate and expect the sharperice to begin migrating upwards starting today.

This company is highly undervalued relative to its peers, as they are leaps and bounds ahed with proven and stated revenue and operating income within some veriticals.  That in conjunction with cash on hand, deals in the pipeline, and multiple business units, a true winner in a world of fluff, smoke and mirrors and promopuff...

Legislations will also drive this to new heights, and babysteps are being made every day.

Truly a long play, but price migration needs to start NOW!
Comment by SamRothstein on Mar 22, 2021 10:19am
We are in good shape because they will now have cash flow from SR, plus a way to sell their next crop, and to sell a lot more of product at retail.  So when they report their earnings they will get a bump from the SR earnings.   Not many players in the space are increasing earnings (or even have earnings)    
Comment by InvestABCs on Mar 22, 2021 10:23am
EXCELLENT shape!!! Dont you just get that feeling the price is trying to unleash up... Trending nicely now and the asks getting munched... Microwalls at each step will arise as flippers file out of the building... L2 razorthin as of now
Comment by SamRothstein on Mar 22, 2021 10:30am
Yes feeling very confident.   And we still have deals being finalized and no doing there are deals in works we don't even know about.  They have the cash now to do some more acquisitions.   
Comment by Smeeeee on Mar 22, 2021 12:06pm
Hearing a lot of mumbo jumbo out of the Sam sn ABCboy... always about the next 2 weeks, price is going to go up, it's like a spring ready to bounce, yadda yadda yadda... the fact is that despite the news... the price does not go up, it recedes or falls back. Cut the... we the longs speech, stupidest arguement ever as the longs are scratching their heads now wondering...what the H ell... show ...more  
Comment by SamRothstein on Mar 22, 2021 12:11pm
Smeee, the price has not receeded since the SR news. Before the SR news the stock was was $.345.  It is currently at $.365.   The entire sector, and growth stocks in general, have pulled back from their highs.  The longer TRIP trades sideways the better the consolidation.   It is not uncommon for a share price to below the most recent PP, especially when there are two ...more  
Comment by RiskyBiz928 on Mar 22, 2021 12:26pm
Ya, gets tiring - the constant pump. Two things can happen: They sell product and make a profit thus sp goes up or; they tank. Seems to have settled with a few pennies up or down from here. News doesn't seem to drive it so we need this sector to be hyped up again. Perhaps with news of legalization... when's that gonna come? We wait.
Comment by SamRothstein on Mar 22, 2021 1:12pm
We aren't going to need this to be legalized around the world.  It is being legalized in various jurisdictions now, in and outside of North America, and there will be more to come.   And they are selling a product, and with SR closing they are going to sell a lot more.   Some people are very impatient and don't stop to think about what they accomplished in a very ...more  
Comment by DrJonnyFever on Mar 22, 2021 1:24pm
Hype has well overshot legitimate progress in this sector. Adding profitable elements to the RLH portfolio is a great idea tbh, however, the reaction to news has been non-existent. There is bound to be another hype wave coming and my board is all waxed up and ready.
Comment by SamRothstein on Mar 22, 2021 1:35pm
Yeah the hype overshot the actual progress in the sector and this stock in late Jan to mid Feb.  Then the pullback came.  Part of that pullback is probably a lot of the private placment money taking profits as well, in TRIP and the rest of companies in the space.  So we have now been consolidating nicely, with chart still showing overall uptrend, and I think we are far better poised ...more  
Comment by Goldy63 on Mar 22, 2021 2:19pm
As Trip goes so does BUZZ . I believe we will all make big bank and yup its why we buy . GLTA . Sam check your messages please . Gracias . 
Comment by InvestABCs on Mar 22, 2021 12:44pm
Uhoh this little minnow is on tilt... Current spaz only if you are underwater and sucking through a straw. Sorry yutz thats on you for picking an emtry point and thinking you are flipping for a quick buck..learn how to dayflip if thats your goal troll. If you are long then this company and investing is not for you. Cant hack it? Sell or ignore you little whiny b*tch. There you go...easy non ' ...more  
Comment by cartpathcarl on Mar 22, 2021 8:41pm
@InvestABC Not sure who you are adressing exactly InvestABC, having read the thread, I can guess. These words, opinions and attitude you spout are completely unfounded. You have no clue(nor do I) what is going on this individuals mind but we are all here for one reason or another. Whether it is here for a long time or not so long time, nothing makes you superior to anyone else. Cut the rudeness ...more  
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