Post by
surveyor2582 on Jan 26, 2018 6:13am
Get Ready To Pop
We are now at the bought deal price and if this price was good enough for INFOR Financial Inc. and Cormark Securities Inc. then it should be good enough for everyone else . Up we go to a $2.00 close today. Go Longs.
Comment by
Asterix99 on Jan 26, 2018 6:48am
HIP will now move with the sector. If other Cannabis companies move up today, HIP will move up. I doubt HIP will see $2 very soon. IF sector moves down, HIP will hover around these levels or move down. I predict trading range from $1.20 to $1.80 for the froseeable future. Unless there is any othe earth shattering news, HIP will not move strongly in any direction. Just my opinion.
Comment by
surveyor2582 on Jan 26, 2018 7:01am
You could be right Asterix99. Lately I have been wrong beacause I thought the Cannimed deal was written in stone and I took a small loss when I sold. I had to buy back in at $1.32.
Comment by
Asterix99 on Jan 26, 2018 7:29am
Just my guess. From the BNN interview yesterday I think CEO said that their capacity will be 25t, that is much larger than what CMED has now. So you never know how this may play out.