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Bullboard - Stock Discussion Forum DionyMed Brands Inc (Sub Voting) DYMEF

DionyMed Brands Inc is a multi-state cannabis brand and distribution platform based in Canada. The company provides support to cultivators and manufacturers of medical and adult-use cannabis products. It sells branded products in every category from flower to vape cartridges, concentrates, and edibles. Geographically, it derives a majority revenue from the United States of America. The company... see more

GREY:DYMEF - Post Discussion

DionyMed Brands Inc (Sub Voting) > The summer sell off continues.
View:
Post by Bigchungus on Jun 09, 2019 7:02pm

The summer sell off continues.

Still doesn’t look like an entry, I can see this touching $1.50 by August. A further 25 percent loss before a correction happens. Same repeat every year, it’s smarter to stay cash first quarter of the year until Aug Sep.
Comment by Tradertimestwo on Jun 09, 2019 8:26pm
Summer selloff may happen. Then again maybe it wont. A lot happening quickly in the U.S. cannabis space. I will just hold thru. Someone has to lol. But thanks for the tip.
Comment by Growth400 on Jun 11, 2019 10:33am
you should have stuck to this thought.  you might be getting excited about this company too fast.  They'll be diluting non stop for the next 2 years with that $32mil. Those guys get the shares at 15% - 20% under the actual sp every time they give them money. they'll sell the shares too because they cant own more then 10% of the company.  they made good money this quarter ...more  
Comment by Bigchungus on Jun 12, 2019 3:29pm
If they’re going to dilute like every other company, I’m sure this will be worthwhile. Let me remind you this is not brick and mortar retail, this is E-Commerce, a whole lot more efficient and cost effective. Although TGIF will do fine long term, it’s taken them light years to finally achieve an annual run rate of 15-20mm. I’ll also remind you DYME is doing nearly 80mm CAD annually right out the ...more  
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