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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 > Forecast for next 10 trading days by Wallet Investor
View:
Post by Boddington on Nov 03, 2021 10:35am

Forecast for next 10 trading days by Wallet Investor

I found this reference while trying to find ANY glimmer of hope on other (various) boards. It seems I am out of luck. But have a look at this table. It is not encouraging. Best to check the reference link. There is also a forecast for 2022 to 2026 if anyone is interested to scroll down. Just passing on the info as is without any malice.
CHAL trading price forecast for the 10 upcoming trading days

https://walletinvestor.com/stock-forecast/chalf-stock-prediction
 
Date    Price
2021-11-04     $ 0.498
2021-11-05 $ 0.478
2021-11-08 $ 0.474
2021-11-09 $ 0.465
2021-11-10 $ 0.471
2021-11-11 $ 0.468
2021-11-12 $ 0.448
2021-11-15 $ 0.443
2021-11-16 $ 0.435
Comment by PortlandBlazer on Nov 03, 2021 4:34pm
Boddington, IF WalletInvestor hangs their hat on being able to make short term price predictions, and, They can't forsee a +8% move on heavy volume 24 hours later, then, I think WalletInvestor should be discredited and the guy who said, "Do your own pro forma and trust yourself" should get the credit. GLTA
Comment by Boddington on Nov 04, 2021 1:31am
CHALICE might be taken over & go private in 2022; All indicators say that I doubt that antything I write or post will meet your approval because obviously you are a pro forma touting desperate to try to manipulate to get some of your lost cash back. (I do not allege you are part of the big scheme but self serving) The Analysts that did the work at Wallet are professionals. They have been right ...more  
Comment by RebeccaG on Nov 04, 2021 1:44am
Boddington: Good analysis Some on this discussion board, are doing their best to ignore the signs of financial distress at Chalice Brands before it gets out of control especially in meeting the debt obligation of ~ $27 million and finding cash for operations (currently at - $1.5MM & growing). The current financial trend of high debt, negative profitability and negative operating cash flow, 55% ...more  
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