Post by
Wrywisdom on Dec 10, 2021 3:06pm
Major News May Present Itself in December
Those waiting for a couple more weeks before investing or adding to their position might easily pay a 100% premium or more for that delay from this price point.
Prior announcements regarding the introduction of Boston Beer cannabis beverages suggest the introduction/debut will be this month. This is an extraordinary development with ENTG being awarded a five year exclusive contract to provide all cannabis for the upcoming range of offerings, and ENTG also has an exclusive distribution arrangement throughout Canada as well (Last time checked, Boston beer was a 7 billion dollar company).
The extraordinary high quality products a part of ENTG diversification continues, and by the way most of these developments and introductions are not hindered by the lingering illicit cannabis market.
Comment by
Ebankbank on Dec 14, 2021 9:39am
Well I have this stock in my portfolio, I liked all the business deals they made, now we need them to cut the burn rate and start thinking of the shareholders. Let's see 2022 be the year for this company and get back to the all time highs over 2 bucks.
Comment by
Wrywisdom on Dec 14, 2021 2:01pm
Yes, $2.00 is a very realistic price target for 2022 given all of the products, initiatives and business relationships ENTG already has underway, and on their plate moving forward. These percentage increases are not uncommon in this market when the fundamentals are in place..
Comment by
Nicksonsnowboar on Dec 14, 2021 2:45pm
Now you're pushing it saying that a 3000% rise in 2022 in a saturated government controlled industry in only Canada to boot is a stretch and far from realistic. Get with the program ens the year at 7 to 8 and best case scenario at this point in time is .019 , do the math.
Comment by
Dumpinvestor on Dec 14, 2021 11:31pm
Dear wrywisdom. my crystal ball said..you will get $2 dollar for every 1000 shares..lol