FormerXBC Inc XEBEQ

Grn

[Newtrader1982]

wow greenlane has been getting slammed lately 20 percent in 5 days.

[bmo1212]

Increased selling by GRN management as well.

[Newtrader1982]

Maybe it's just me but 1 dollar sp for grn seems too cheap for their revenue and they are even profitable. If they keep pace with q1 they will be close to 50 million revenue this year and profitable 1 dollar seems like a steal.

[DOCInvestor]

You have to remember that when you have millions of warrants exercised at 26 cents, some people are going to want to take profits.  The volume is high. It will not take long for the weak hands to be replaced by people who see this as a 500 million market cap company. And thankfully the ultra-cheap warrants and options are basically gone now.  I have not seen very many smaller Canadian

[Newtrader1982]

If you bought warrants when the were first offered don't you think most would have just sold the warrants themselves when the stock rocketed above 2 dollars a share? I wouldn't assume that every excercised warrant was bought at 26 cents and they all get dumped on the market at expiry I don't think that's how it works but I have been wrong before.