Post by
88guy88 on Apr 18, 2022 10:02am
Just remember the financing was at $2.65 and warrants $3.20
target of $9.50 by year end improvements.....this is just a final flush of the weak hands and then insiders and institutional investor will step up to buy and the shorts will fold and go away and play another day.....cheers!
Comment by
RamboOO7 on Apr 18, 2022 10:05am
Maybe under a $1 a good time to buy in ?
Comment by
88guy88 on Apr 18, 2022 10:10am
its just a few nervous Nellies like I said and then Rambo playing mind games to convince those nervous holds that the sky is falling......nice try but pretty transparent
Comment by
RamboOO7 on Apr 18, 2022 10:16am
i don't know the future. I am saying what i think. Only the shorters know where this is headed. Just trying to piece in the puzzle.
Comment by
88guy88 on Apr 18, 2022 10:22am
Fair enough.....can't stay low for long....insiders need to step up and buy to show confidence in the company and the bought deal guys can't be very happy with paying $2.65 and then watching management just sit on their hands
Comment by
RamboOO7 on Apr 18, 2022 10:25am
I think all stocks are being shorted before the next Senate vote . All pot stocks will fly. Now the vote is pushed back to August.I think the bill will be modified to GOP likings. Then the bill will pass
Comment by
88guy88 on Apr 18, 2022 10:30am
I agree with your thinking....the bill in the US will eventually pass and shorties are just making some opportunity money in the short term.....you can see the trend on all the pot stocks.... That analyst that has a $9.50 target could be a hero by year end
Comment by
RamboOO7 on Apr 18, 2022 10:37am
Thats what i think as well. Schunur is wise and gave it to the GOP to revise anything in the bill. Now the GOP can't blame the Senate how the bill was done and refuse it. Much of the population is for legalization. So if it doesn't pass the republicans will loose votes next elections. So for this reason i think the vote will pass.
Comment by
AaronEggs on Apr 18, 2022 6:59pm
Dude none of the bought deals in the cannabis industry are in the green lol.