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Profitability and margins are a key for me.
CWBHF and ELLXF got it.
KSHB not even close.
I have not bought into KUSH yet, but I am a firm believer that those that sold picks and shovels during the 'gold rush' made more that those they sold them to.
Also watching Item 9...
So far just bought into CWEB and ELLXF. Being cautious on trying to get best of breed that I can hold for years to come.
Yes, as I said it is paid service by investors. Investors Cannabis do DD and share with whoever is subscribed. Newsletters or alerts are not paid by the companies themselves.
They review cannabis stocks and create profolio including just a few picks. I don't think there is more than 10 that they gave recommendations to buy.
They recommended to buy half position of in January and then second half in February.
There was no recommendation to sell anything yet.
That to be said, I don't agree with some of their picks like Kush Bottles.
Ahhh ok...Thanks....Cant wait for the name of the grocery store
Guess the next post answered my question... Thanks
So it's not a paid pump. Just a chart room/ news letter alert?
Alert brought good update and solid DD on a company. ALLXF is still under radar so bringing more eyes and creating volume is good. Imo
It's not some type of alery that penny stocks do to pump stock to dump shares so it is all good imo
Yes, I'm signed up to Cannabis Investor's and get alerts from them. I believe today was 3rd one on ELLXF.
Previous two were strong buy recommendations (on 01/22 and 02/14)
Today looks like update on company.
Ehhh alerts. ....I rather have some news...O well lol
Yes, this is the third since I've been following ELLXF. No idea who Cannabis Investor's Report is, but both others came around 1 in the afternoon and created record volume that spilled over to the next day. We didn't see any text for the last 2, just that an alert had gone out.
Two previous ones? Not sure what the other two were.. lol. Who is alerting this? Just curious
ANIA77 told us about the Alert on 1/22.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146262815
I think the other one came mid-February where the chart shows two days of record volume.
It was an Alert from same source as two previous ones. Both others produced very high volume with pps increase of 7-9% during the day and a close of 2-3% up.
Yes i read it after i posted...The FDA is also coming to a consensus on cbd for pets this month...
Someone posted something below... looked interesting but I think was a newsletter. Either way good action off low
Yea trying to figure out whats going on here...
Correct me if I’m wrong or misremembering, but wasn’t this rollout announced in the Q1 report? What’s the new information here that’s fueling this intraday rally?
Crucial: This could lead to the biggest IPO in this sector's history
One cannabis company just made an earth-shattering announcement - and now, there's an unprecedented opportunity for savvy investors. Mark my words: This fast-moving industry does not offer second chances... but today, this single catalyst could unleash a rare resurgence before its final takeoff. All it takes is one move in this industry and you could be set for life. Take a look...
May 6, 2019
Cannabis CEO Confirms Major Rollout
Elixinol Global (OTC: ELLXF) has been one of the strongest all-time performers in the Cannabis Investor's Report model portfolio. For the last month, it's also been one of the weakest.
From the time we first entered the position on January 22, Elixinol was up as much as 95%, but it's down 21% since then, despite a 10% climb on Friday. And as I suspected, the stock has opened down today, along with most other stocks worldwide.
Now, a 55% gain in less than four months is something to celebrate, not lament. But what's up with Elixinol? And more importantly, will its stock resume its climb?
Three things have contributed to Elixinol's recent decline.
First, a lot of people made a lot of money in a very short time on the stock. Some profit-taking was inevitable. We take profits on big gainers even when we think the stock will continue to rise, and others do too. It's just prudent profit management.
Second, the company's Q1 results appeared weak if you only gave them a quick glance. Specifically, although revenue was up over the prior year's quarter, it was down sequentially. That's an alarm in a market growing as quickly as the CBD market is.
As it happens, though, it is a false alarm. Elixinol chose to have lower sales as part of a strategic decision that should put the company in a good spot for the long haul. It stopped shipping low-margin bulk CBD to some of its competitors and potential competitors, opting to build inventories instead. That makes sense if the company is anticipating big sales of higher-margin products, and that's exactly the case, as I'll discuss below.
Third, and in my opinion most importantly, Elixinol didn't seem to be involved in any of the big CBD product announcements. The company's products aren't in CVS. They are not in Rite Aid.
But Elixinol will not miss out on the CBD retail boom.
The Beginning of a Major Rollout
I called Paul Benhaim, CEO of Elixinol, for an update. And I'm glad I did. Elixinol's products are rolling out at one of the country's biggest grocery chains at this very moment.
The company can't say which chain, but I figured it out. I won't spoil the company's surprise until I have seen the products on the shelves myself, but I will say that a grocery store manager here in Maryland confirmed my suspicions, and it's a very large rollout indeed. Elixinol says to look for the product on the grocer's shelves in 330 stores to start, with 1,000 stores nationwide in the coming weeks.
That deal is a small part of the company's larger deal with a company called Presence Marketing. Presence is a wholesaler that has relationships with over 15,000 retail stores, including that big grocery chain, and it is dedicating 100 salespeople to move Elixinol's products through as many of those stores as it can.
Mr. Benhaim told me that the grocery store deal is just the beginning and to expect an active quarter from Elixinol in terms of new products and new retailers.
Now the company's sales decline makes sense. It wouldn't do to run out of CBD just when Elixinol was getting deals to sell it at a higher margin than it receives from bulk shipments.
After my call, I'm bullish on Elixinol Global. If you haven't established a position already, now is a good time to take advantage of the stock's dip and buy some shares.
Not me...I was being sarcastic....Thats why i put that link out..Our products are hemp verified...
Looks like two short buddies.
Oooops i forgot.... Ellxf is only 1 of 14 verified hemp cbd producers in the United States ....
https://finance.yahoo.com/news/elixinol-receives-u-hemp-authority-151500591.html
Exactly its the wild wild west... Until regulation is established in the hemp cbd industry buyer beware!!!!
CBD Products: Are you really taking what the label says?
https://www.nbc-2.com/story/40361322/cbd-products-are-you-really-taking-what-the-label-says
It’s the kind that keeps the mosquitos away
Very nice candle today ELLXF
Sweet green Asx close. Nice volume, too.
+6.1% gain on the ASX - looking good for today!
AU listing up ~2.5% currently. If this holds, expect a move back above 3 tomorrow.
Increased range is simply a market that moves more than half a percentage point. I look for 500-1000 moves in the Dow. Market is showing a buy signal somewhere in here, but could get a failure swing following. My terms are technically correct... but you had me going with your “clonk”...
You come up with some good ones like - What does this mean " I’ll trade futures when the market gets some major range going "
Sheesh - You totally lambasted me for labeling Resistance a Head Clonk
Low this morn. (currently) = 2.91 (down 5.15 % - not shown)
And yet see how "effective" (or valid) my Head Clonks are ?.....aka known as Resistance
The top's been extremely obvious for over a year
Have just had to know where to look
and have ALSO had to drown out all the B/S noise
All the pumping and cheerleading throughout social media
By persons who've never experienced a bear market
This market Is trash. I’m ready for it to collapse so I can pick up the pieces. But who knows how long it can last. I’ve decided for myself that it’s not worth the constant battle of trying to find the top. I’ll trade futures when the market gets some major range going
Well although barely visible, I'd say that's somewhat better.
And it's certainly better than a verbal description.
Now one question for you might be - Have you ever heard of a (bogus) 10 year bull market ever becoming at least a little bit over-extended ?
2.75 is the top of the support range on the previous ascending triangle and not only that you have fibs pointing at the 2.63 level for support. So since 2.75 is the beginning of the range for a falling price, I believe it’s a place to buy into it IF it even went there. You Still have support from the 3/28 low and the stock is trading right in that pocket at 3s.
IN Addition you have pretty blatant overall medium term uptrend in the stock, and you have buy signals showing up in RSI and %R levels
So its real simple for me -- All of this area its trading in is within a buy zone at $3s and below
Here's a chart
http://tos.mx/rgnFml
You keep "lecturing" me on how to "correctly" perform T.A.
And yet you're claiming that "2.75 is the top of support"
Like ; What the heck does THAT mean ?
"he top of support"......Is that like - even a thing ?
And if it IS why not SHOW it so's that us "rookies" can grasp it ?
Because currently I can't see 2.75 as like even (at all) BEING a thing.
IG Markets seems to be stopping making cannabis stocks available to trade by May 24th - due to lack of legal clarity. This maybe effecting ELLXF insert-text-here
Being that top of support is 2.75 range and literally only .30c from current price, ive started positioning here at this level. I was in from 2.20s 2.50s, 3s after the first pullback and it ran to 4s. Im doing great here and I havent bragged a single time. Yet your posts seem like you’re bragging. Just curious, Do you ever go long? Cause it looks like your bias is from the sell side.. so why not play your bias?
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