High Tide Inc V.HITI

RE. New Press Release

[monte8]

I remenber a few months past not so long ago, press releases like this used to give quite the pop to the share price.  Now High Tide share price does not even acknowledge the good news.

Really, any good news seems to be out of sinc with the share price.  The professionals are working the High Tide share price down, for sure!  Whenever they have their trucks loaded up they'll move the shares up for profits.

[pacer217]

I think investors / traders would like to see more meat on the bone from all these store openings. ( now about 50 in last 12 months) By that I mean more concrete / financial evidence of  significant growth to te bottom line. The last quarter was very good, but the next quarter is still six weeks away. maybe Raj could indicate soon that the next Q will be a record.  More than that he

[monte8]

Boy, we're being hammered today to $2.35, actually all sectors are seeing share price tumble.  So, High Tide share price does not even acknowledge when they put out good news however, days like today the share price moves but downward and not even the fault of High Tide. We just can't get a break!!!

[pacer217]

How many outside observers would even have read that release about new stores?  There had been nothing of note for two weeks before.  HITI is largely off the radar of possible traders Worse, The dinky little Venture exchange was down over three percent on the day. -- now only up ONE percent on the whole of 2024. The whole MJ sector has done nothing  for months.  Monday maybe

[pacer217]

Heres our answer. HITI, TLRY and ACB  are all down 7% in first few minutes.  WEED (CGC) is down 10% so far. Trumps stock is also down 10% as is all Techy things.  Too  late to hide in cash.

[Oldweed]

The world is just to unstable right now, and the US is at the top of the unstable list, unfortunately. Retail are reacting in fear and selling. Some glimmer of hope is there is a republican movement within the GOP to support Harris and vote. US must move back to the center and put the extreme right movement to rest, the markets will react when that happens.

[monte8]

The world cannot look to the USA as the business, economic and democratic model as the far right extremisim and Trumps MAGA beliefs (i.e., tarrifs, protectionism, coercion, quid pro quo with industries, manipuplating stock markets, manipulating superior courts and federal reserve alike, remove personal rights, remove personal beliefs and move the country into dictatorship).  I cannot

[monte8]

While we all thought that Pensylvania Governor Josh Shapiro was the shoe-in for Harris running mate, Harris actually chose Minnesota Governor Tim Walz as her running mate announced today. Hoping it was the right choice for the Democtrats taking on the Trumps MAGA.  I'm not even going to call them as Republicans as they do not share any traditional values !!!!

[pacer217]

I will call this a moral victory.  All of CGC, TLRY and ACB  ALL fiished down twice as far as HITI did!. Only down about 3.5 %