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Bullboard - Stock Discussion Forum Nova Cannabis Inc Com YSSCF

YSS Corp is a retailer and trusted destination for adult-use cannabis in Canada, focused on driving near-term growth while building long-term shareholder value. The company has built a strategic portfolio of Licensed Retail Stores across Alberta and in Saskatchewan and intends to expand into Ontario as well as other Canadian markets. Management is focused on strategic opportunities within the... see more

GREY:YSSCF - Post Discussion

Nova Cannabis Inc Com > Be cautious
View:
Post by Jonathan430 on Jul 23, 2019 12:46pm

Be cautious

Here are the reasons for the selling.

1. Share dilution due to Sweet Tree acquisition.

2. Continue burning of cash due to cost of building and opening new stores.

I think it is risky investment at this price. I do not believe next quarter results will be any good.

I would like to invest, but not when someone is continually bringing up the price a little and start selling continuously.

JMO
Comment by Newguyrook on Jul 23, 2019 1:20pm
I'm glad you're here proving my point, you want it down and up it goes
Comment by Newguyrook on Jul 24, 2019 2:32pm
Just hit .36... Which is good and all but it's still into .6 pre consolidation right now. Keep going!
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