Heritage Cannabis Holdings Corp HERTF

Do something!@

[Always6]

I wish this stock would do something. It trades a lot of shares and just sits there . I have to large of a position in this so my bad! Maybe news out soon.

[Optional]

I have a feeling that since we haven't heard anything about the public offering closing yet, that it is going to be well oversubscribed.  I think those investors are also buying up the weakly held shares on the open market, so there's not much resistance when they start to run it up.  It could be that your "too large" of a position is going to be staring down the barrel

[Always6]

A $1. and I am taking my family and your family to a Covid free island! for a month! Lol! Did hear news on the US market coming soon! that was a month ago. Hmmmfff!

[Optional]

I've got my Mark Spitz packed already, and the cervazas are on me.

[bober2]

Optional, we have to see some revenues before the stock price improves.  There are daytraders out there buying 100,000 shares at a time and flipping them.  Unless they get burnt they're going to keep the roller coast ride going as long as they can and that's why we can't find a base.  If we see a reverse split in the coming months nobody is going to make money. 

[Optional]

It's a good strategy if you can pocket $1000 on flipping a penny. With 1.5M shares traded daily, there aren't many people doing that with 100k shares. The investors coming in like to, and know how to make money. I think they're clearing the runway. I don't think it's necessary to do a reverse split, because I think they can get a $750M MC by the end of the year with the 650M

[bober2]

Always6, at a buck you won't see for the dust.  When are the earnings coming out to justify the stock price you're talking about.

[bober2]

Optional, according to Bobby G.  once the warrant offering is done and exercised Heritage will have over 800,000,000 shares issued and outstanding.  If things keep going in that direction we'll have over a billion shares issued and oustanding by late next year.  It's scary and somebody is going to get hurt big time if the earnings don't show up quickly.  

[Optional]

That's a lot of shares. I don't know if the valuation necessarily has to match the current earnings though. It might end up reflecting the potential future earnings. If they legalize mj in the US, the big grow operations are going to have to give their flower away, and they'll be giving it away to companies like ours that specialize in sophisticated extraction and high quality edible

[JaInvest]

I love tthe fundamentals for Heritage, except for the share count.  Way too many shares.  Especially if they need to raise more money in the future.  Still holding my stock though.  i think this thing should go to .30 by end of May.  Just a guess.  At some point in time they are either gonna have to buy shares back or do a reverse split, which might not be a bad idea,

[Optional]

I'd do a friendly wager for 100 shares that we see the .30s by the end of March.

[Always6]

I will take your wager. Just know I am hoping you win!

[JaInvest]

I still do not understand why they are sticking around .165 these days.  The company is way better than that.  Choom is at .14 and no where near as good of a company... but I guess that might be apples and oranges since choom has store fronts.  But still, other companies, like 48North, and Supreme have much higher share prices.  Heritage is due.

[Optional]

I just had a quick look at a handful of Cannabis companies Market Cap to full year revenue ratio.  The lowest I saw was 4 to 1.  Even at the lowest end, our share price should be double.  I think we'll be seeing a nice run up after the financing closes, which is probably around now.