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Bullboard - Stock Discussion Forum Fire & Flower Holdings Corp FFLWF

Fire & Flower Holdings Corp. is a Canada-based technology-powered, adult-use cannabis retail company. The Company's principal business is the operation of a fully integrated cannabis consumer technology platform, supported by a fulfillment network of retail stores and delivery to cannabis consumers. The Company's segments include Retail, Wholesale and Logistics, and Digital Platform. The Retail... see more

GREY:FFLWF - Post Discussion

Fire & Flower Holdings Corp > Alimentation Couche-Tard + FAF + USA
View:
Post by LongTheGreens on Feb 01, 2021 10:46am

Alimentation Couche-Tard + FAF + USA

We are expecting to see FAF release formal plans of entering the US cannabis market, specifically California and Oregon. The market cap on FAF is too low based on the Canadian market alone, which leaves our group thinking that the company will see 3x gains in the SP before Q3 due to the big numbers to be released in April. If the Company announces plans to enter USA prior to the next quarter release, we expect to see much higher multiiples of gains. The second scenario is more likely in our opinion. 

We are buiding FAF postion on the open market. 1.7 million shares have been quietly absoorbed and we will be doubling the position if it can trickle to CAD .72 - or through .92. The Analyst targets of CAD 1.85 are not accounting for USA. We expect higher.

Comment by InvestNInterest on Feb 01, 2021 12:02pm
If we enter the US then sky is the limit and we will all be rewarded for our actions. Excited to see what they will do next. Good holdings everyone
Comment by Sam129 on Feb 01, 2021 12:45pm
Is this your own analysis or is it from some firm? Not disagreeing with you, just want to establish the source. Thanks!
Comment by LongTheGreens on Feb 02, 2021 10:03am
We are a private fund, very bullish on Canadian & International retail. We are expecting to see a breakout today with first resistance @ CAD .87, then .92. We expext a breach through CAD $1.08 by Friday. Good luck. 
Comment by Everydayjoe on Feb 02, 2021 11:23am
Based on what fundamentals?
Comment by LongTheGreens on Feb 02, 2021 12:00pm
The fundamentals are the easy part. The technicals are the basis of this trade. Fundamentally, the stock is undervalued versus retail peers, by far. Technically, it has underperformed in a bull market and will not be able to sit out much longer. This is simply an opinion. 
Comment by Everydayjoe on Feb 02, 2021 12:04pm
Hoping your right on the breakout! Would be nice to see it over a dollar. Volume has been close to 1,000,000 for the past few weeks so hopefully more buyers come....Or the Reddit army!
Comment by LongTheGreens on Feb 02, 2021 3:02pm
We are confident in todays call. 
Comment by Everydayjoe on Feb 03, 2021 4:03pm
Well you were a day late on your prediction but looks like it broke through the .87 resistance... If it gets through .92 and then ends the week at 1.08 you will be my trading guru! Almost 2.8 million shares traded...That's got to be a record for FAF
Comment by LongTheGreens on Feb 05, 2021 1:19pm
A day late, but we'll take it. Next target based on technicals is VLNS (Valens) - breakout chart happeening now and should drive through CAD 2 easily today.
Comment by Oldweed on Feb 02, 2021 5:56pm
Who is "we"? Link?
Comment by LongTheGreens on Feb 03, 2021 9:02am
just a group of investors with big money behind low market cap, unearthed gems. Do your own research, we're just commenting on technical views. Good luck!
Comment by Everydayjoe on Feb 03, 2021 9:48am
This mornings high was 3 cents from the first resistance. Hopefully your group is contributing to the million plus volume!