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
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
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.