Greenlane Renewables Inc T.GRN

who is selling?

[SANDMAN1000]

who is selling?

[OnlyOIL]

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[SANDMAN1000]

Wow! this is some crazy s*%t going on right now. I dont kow wether to load up or wait. Its been droppping for 2 weeks and the bottom seems endless! Anyone know whos doing all the buying?

[Motownwing]

Overdue general market correction with small caps being hit hardest. IMO, GRN remains a great long term buy despite the high volatility. Hard to call a bottom specific to GRN since it will be driven by the low of the general market. Accumulating at these levels appears interesting but requires tolerance to risk (and seing significant red numbers in your account lol)... GLTA

[BCdude]

I'm waiting. Prices culd fall a lot further IMO, based on valuation metrics. If you compare GRN with a company like HEO (also in ESG sector, but specific to water), GRN is valued much higher. HEO expects revenue of $145-150 million in 2021 vs. market cap of around $180 million right now. Most analysts see a fair value of HEO in the 2.2x Enterprise value/sales multiple, which would be in the

[porksniffer]

I'll be buying but not yet. This will make a round trip and go straigh back down to 75 cents. The renewable/ESG bubble is over.

[BCdude]

I agree the bubble could be over, but renewables/ESG will be gaining momentum for years. It will have one of the biggest tailwinds in history. Having said that -- and I think this is what you are getting at -- is that valuations will begin to matter again. I can see pure-play ESG stocks like GRN continuing to command a preium, but there's a difference between a premium and stupidity. Pre

[bankbuilder]

It's amazing that when the sp goes down how many "experts" there are swooping in to predict the price, most times people predict they have a 50% chance of being correct, if anyone actually had a look around, there are not too damn many stocks that have not been decimated for the last 2 weeks. I am no expert but I would have to think if TD Secuities is buying in at $2.17 a share, then

[North2004]

Excellent! Thankyou

[Renofund]

  Your comment makes NO sense lol.  You realize when "bubbles" end, it is typically dead money for a couple years, minimum.