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Bullboard - Stock Discussion Forum High Tide Inc V.HITI

Alternate Symbol(s):  HITI

High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Company’s United States and international... see more

TSXV:HITI - Post Discussion

High Tide Inc > Question
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Post by fayrobin on Dec 19, 2020 8:10am

Question

I kinda fell into hiti stock, from a now ex-boyfriend of my daughter’s, for a couple of years now.  There are 5 stocks one being fsd pharma HUGE,   I went thru a stock split there of 201:1. Ended up with 14 stocks for just over $51. Ugh.

Since my mentor left the picture shortly after my stock purchases and they all fell quickly, I had to try and figure out things myself.  I have bought here and there low to average myself down. 

Now I own just over 200k in hiti stock and finally in the green, but I am a little curious on how they will amalgamate the two stocks. Can someone enlighten me please on the process of combining meta and hiti stocks. I am a big numbers girl but know nothing about the stock market, except what I have stumbled through myself.

Comment by ProStreet340 on Dec 19, 2020 8:52am
I'd stay completely away from HUGE, lost close to $50K and the split was the final straw... IMO - HITI has lots of upside and I really can't see a downside here. Most are very optimistic and realistic, but some expectations are are a little anxious to say the least. I have 210K shares here and don't plan on selling for quite some time. Good luck - PS340
Comment by SpeedJ581 on Dec 19, 2020 11:59am
If you had Meta shares they were converted to High Tide shares automatically and there are more total shares on the market.  The company is also much larger so it didn't cause the price to drop.  The market cap therefor went up. (Amount of shares on the market x share price) That's a very simplified version of what happened. 
Comment by fayrobin on Dec 19, 2020 1:11pm
They have always been hiti shares. I appreciate the help.
Comment by north40 on Dec 19, 2020 10:31pm
many times i thought of dumping this, bought a couple years ago at 40 crnts then 55 cents,,then 10 cents! Patience in this case will be rewarded! lots of exhausting patience!
Comment by HightideHippie on Dec 20, 2020 6:09pm
I made my quicest biggest profit ever with Huge, bought at .07 ish sold at .80 ish in a two week period. Invested 60k initialy so it really was huge, also made a bundle Namaste before it crashed, bought at .23 sold much higher but missed the high high. I would never go back to invest there, these companies are done, hype is over with no hope of ever competing. Jump on A hiti, or jush, and enjoy a ...more  
Comment by Samantha23 on Dec 20, 2020 9:10pm
do u really think hiti can make it on the nasdaq
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