Post by
happyascanbe on Dec 10, 2021 11:21am
Wow!
So a couple institutions throw a hissy fit because Slng wasn’t profitable….uhhh 99% of cannabis companies aren’t profitable. So why the impatience here? Instead they chose a route of torching the company. The equity value of the company is fast approaching the debt financing announced in November so not sure how these institutions are better off. You know the saying “be careful what you wish for cuz you just might get it”. And these so-called investment gurus are getting it.
Btw some folks here in Ontario are looking at submitting complaints to the regulating bodies regarding trading activity before the announcement. Hope these institutions weren’t selling in advance of the news, for their sake. That goes for Mr Miller too.
IMO.
Comment by
Miroslav2 on Dec 15, 2021 9:20am
I have been expecting shady activity since day one
Comment by
happyascanbe on Dec 18, 2021 1:34pm
Who knows. But even if there was these rarely result in any repurcussions. So no use putting in too much effort worrying about it. For now it looks like at least a bottom was made this week as tax loss selling should be wrapping up. We'll see in the new year what the true intentions were with this. Hopefully all the average shareholders are somewhat looked after.