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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 > Trending Up
View:
Post by Oldweed on Jun 19, 2024 9:15am

Trending Up

HITI bucking the sector trend.
Comment by Oldweed on Jun 19, 2024 9:17am
ATB Capital raised the price target on HITI from 6.00 to 6.50 (17 June 2024)
Comment by plymouth340 on Jun 27, 2024 10:48am
Any reason HITI has been stagnant over the last few trading sessions?
Comment by Dude51 on Jun 27, 2024 11:09am
I think it's manipulation by these accounts, ANONYMOUS. GL
Comment by Pedal2themetal7 on Jun 27, 2024 11:46am
Straight manipulation, the whole industry has been the perfect playground for the shorts, anonymous etc etc etc. It's a game of timing and patience for retail investors wanting to play the long game. Have to remember who we're up against!!!! Hiti has already had a successful R/S, they're mostly growing organically, should be over 500 million this year, and looking better every ...more  
Comment by Ronbromleygross on Jun 27, 2024 1:17pm
Well said pedal Hiti is the real deal.  Studied this one thoroughly.  Raj has cash, ambition, a solid business model, and the world at his fingertips.  He already has Canada conquered and won getting to 300 stores with no dilution needed.  The competition here has and is already folding. The FCFP will fund all Canada expansion.   He is targeting Germany next and has ...more  
Comment by pacer217 on Jun 27, 2024 1:35pm
IF; Actually  WHEN The USA finally gets it's promises in  a line. I will take a free guess that HITI gets bought out @$7.50 USD.  This a vastly superior business when compared to CGC (WEED) which has never been well run. CGC today @6.59 -- over priced! I actually think that a Euro. enterprise may make a move to buy  in EUROS at similar or even higher(?)
Comment by Pedal2themetal7 on Jun 27, 2024 2:47pm
I keep hearing buy out, at the rate Hiti is expanding organically, with little recognition so far, within the next 24 to 36 months they'll probably be a 800 million dollar company, and could definitely continue independently, with making timely acquisitions in the process.  I personally don't see a buy out anytime soon, but who knows, we're talking about the cannabis industry ...more  
Comment by Ronbromleygross on Jun 27, 2024 5:55pm
Raj is no dummy and knows he has the bull by the thorns here.  Anyone who thinks Raj is selling at a pathetic and lowball .35 p/s ratio is fooling themselves.   If he is selling it will be during the next bull market run peak in price that is coming sometime imo.  Raj said he wants to be a "top 5 MSO".   To do that he will have to partner up with a top scale ...more  
Comment by Oldweed on Jun 27, 2024 8:25pm
Yep, way to early for Raj to even contemplate selling, especially at the bottom of the summer doldrums with these low evaluations. We have a very low share count in comparison to most so a large player can manipulate the share price. Sit on that thought for a moment and consider the best they could do was to bring HITI back to 3.00. Zoom out to a 1 year view and see if you can see an upward trend ...more  
Comment by Dude51 on Jun 28, 2024 6:52pm
If Trump wins, I will be getting out of the stockmarket. Only him and his cronies will be winning that game. GL America, Joe, Gavin Newsome, just saying.
Comment by Ronbromleygross on Jun 27, 2024 1:02pm
Shorts increased their positions plus the usual market manipulators.  The recent store opening by Raj at $600k paid by "CASH" was a steal of a deal when you look at the 1.5x ebitda paid for it.   The competition is threatened.  They can't keep pace.   You need patience in this space and with Hiti no doubt. DYODD  
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