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Bullboard - Stock Discussion Forum OrganiGram Holdings Inc T.OGI

Alternate Symbol(s):  OGI

Organigram Holdings Inc. operates through its subsidiaries. The Company’s major wholly owned subsidiaries include Organigram Inc., 10870277 Canada Inc., The Edibles and Infusions Corporation (EIC), and Laurentian Organic Inc. (Laurentian). Organigram Inc. is a licensed producer (LP) of cannabis, cannabis-derived products and cannabis infused edibles in Canada. It is focused on producing... see more

TSX:OGI - Post Discussion

OrganiGram Holdings Inc > Lost Confidence
View:
Post by Potguru on Aug 16, 2021 8:57pm

Lost Confidence

I exited OGI last week. Have held them since legalization. I always considered them a diamond in the rough. My cost was $3.61. I broke even, thank god ! When they hired Beena as CEO, I could no longer trust management. After what she did to FIRE, selling the company at rock bottom share prices was despicable. I had read that she wasn't very shareholder friendly. Todays blatant manipulation convinced me that I made the right choice. Someone big is after this company, and I suspect BAT. I'm expecting, perhaps a reverse split to further dilute shareholder value. She did it with FIRE. With OGI only 4million from profit, I suspect they will make their move in one or two quarters before they become too profitable. I loved this company, but the reality is, this sector is full of crooks! Good luck to all.
Comment by jerrytuts on Aug 16, 2021 9:10pm
Wow you exited at 3.61 at the exact high of the day to the penny when you could have exited I believe (don't remember the date exactly) at around 4.15+ around earnings. I remember a run over 4 bucks not to long ago. But hey if you say so.....
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