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Bullboard - Stock Discussion Forum Chalice Brands Ltd CHALF

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root. see more

GREY:CHALF - Post Discussion

Chalice Brands Ltd > Company hasn’t looked better.
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Post by Snakebite18 on Apr 30, 2021 11:19am

Company hasn’t looked better.

Personally I think people are to quick to jump to conclusions. Nothing wrong with consolidating a stock. After the stock consolidates, people tend to blame poor management or say the stock is junk, when 99% of the time, look no further than blaming the shorters for the stock retracting. The way this stock is shaping up, I think it could easily support a consolidation. Definitely heading in the right direction. Do have to agree, I would've preferred if they would have held off announcing it for a bit, but here we are. Have had success both ways, so not really sure what the answer is. I know, in Canada especially, shorting is a huge problem why stocks aren't giving a fair shot. Still need a answer on the looming LOI, but if they can lock that down, it would definitely take this to "game changing" status and transform GLH to the next level for sure. Like I said before, only gets easier and better, with faster results from here on out. I know some people have been here for a while and their patience level is maxed out, but it's definitely looking, for me, like this year is going to be the turn around year for sure. I don't have the day trader mentality and am pretty diversified, so I have no problem letting this picture play out. Just my thoughts. $$$$$ Good luck!
Comment by Erminio on Apr 30, 2021 5:52pm
I totally agree with you. I'm also convinced that they're on their way for success, they kept on improving their finances and narrowed down their focus on what's feasible and leads them toward more profits and we have seen how much profit they made lately
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