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Bullboard - Stock Discussion Forum CO2 GRO Inc V.GROW

Alternate Symbol(s):  BLONF

CO2 GRO Inc. is a Canada-based precision ag-tech company. The Company is focused on delivering carbon dioxide (CO2) delivery solutions to the global protected agricultural sector. Its patented technology provides the service of C-stainable crop production and pathogen perimeter protection for healthier crops by enriching plants with CO2 via an aqueous CO2 microfilm on the leaf surface. About... see more

TSXV:GROW - Post Discussion

CO2 GRO Inc > Classic GROW
View:
Post by spck11 on Sep 01, 2021 11:24am

Classic GROW

Hit's a multi month high with relative volume, then out of no where someone market dumps a bunch of shares and then puts some sell walls up on the ask to kill momentum.

Happened a couple of months ago when grow hit 0.32. now doing the same when it hits 0.335. 

Hunch is some people saw the large revenue increase and are starting a position.
Comment by TheRainman on Sep 01, 2021 11:52am
I smell peppers .
Comment by Hooveson on Sep 01, 2021 5:54pm
Hidro's new grow season starts in Sept. Last week mgmt provided clarity on the process/timeline around contract negotiations and that grow cycles are one of the contributing factors. I'm doubling down on my prediction from late spring that we will hear news on the Hidro file in Sept. And there is zero foreseeable reason for them to walk away. 
Comment by marketmover1 on Sep 01, 2021 12:29pm
One would think that the ones dumping those shares seen the same revenue increase. So why sell now? Could be a little insider selling? Who knows. The size of the contact with the way overdue negotiations with Hidroexpo will have a big impact on the ability for Grow to take the next step with feasibilities, that being a sale of a larger portion of the growers greenhouse. Hidroexpo has 36 hectares ...more  
Comment by FullCurl on Sep 01, 2021 1:53pm
I'm not seeing massive sell walls on the venture? About 50K at 33 cents, just a few thousand at 33.5, 50 K at 34.  My guess is some impatient sellers looking to move funds to something they feel may be more lucrative. It's to be expected. 
Comment by spck11 on Sep 01, 2021 2:27pm
Yesterday on level 2 almost every ask was 30k or less. When I checked today there were 5 asks of 40k or more.  Could be legit, could be spoofing. I know a buddy working at a HF that is starting a position on a stock buying it every day. Its been >-5% in premarket 4 times in the last 2 weeks as they sell a small number of shares to bring it down then buy it back up at open, increasing ...more