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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 > SHORT pressure on HITI
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Post by pacer217 on Apr 23, 2024 2:10pm

SHORT pressure on HITI

We will never prove this, but seems with the heavy downward pressure on HITI ( unwarranted!)  and the heavy upward pressure on WEED and to lesser degree on ACB. are conneced

NO one could like the long term prospects of those two, compared  to HITI,  so they are trying to chase away stock buyers from here to there.  Certainly working last five weeks. see what happens in June!  HITI,  now profitable @ 3. 00  and WEED, millions of $$$ in debt at $12.00   I mean really??!!
Comment by Clowninthedark on Apr 23, 2024 2:23pm
Pure speculation for the lack of price appreciation. Will it hold around the 3 dollar mark?
Comment by Pedal2themetal7 on Apr 23, 2024 2:43pm
To be expected, still low daily volume  and P/S ratio at o.4X while others are above 1X and some even higher.  If they continue with the projected organic growth, remain free cash flow positive, positive financials and improved P/S I believe it will affect the SP in a positive way.  Penny stock in a volatile industry with a questionable P/S is prime for manipulation. IMHO
Comment by Clowninthedark on Apr 24, 2024 10:05am
Down another 2 % this morning. Not good.
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