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Who? Cannabis Investor's?
Do they have a website?
Today the mm’s covered a lot of short shares against their large short positions, thanks to the baseless article that they planted through their buddy-author. Soon they will stop algo-ing the stock down.
Thanks, Ania77. Figured that was the case and added even before I knew why the free fall. Nice to see it confirmed.
Newsletter sell? Ha! simple logic, just do the opposite. Easiest trade in the book, I think this may be bottom finally? Third times the charm
Most likely a paid hit piece written by a puppet analyst.
I too am holding. I was worried it was something important you know....like facts :)
Guy probably shorted to make a quick buck.
Absolutely BS move and reasoning behind it imo Newsletter guy also said that he doesn't like that company is not interested in hemp/CBD cream line which are hot products.. umm excuse me? doesn't he know that actually ELIXINOL has probably the biggest skin line 'Sativa' made with organic hemp with 8 SKUs? Did he miss that ?
Also Elixinol have top people working for company that are true pioneers of hemp industry when it comes to farming and regulations.
I'm holding all my shares.
incredible
$50m in cash / worldwide exposure / many catalyst on the horizon and a some guy writes an opinion says he doesn't like elixinol tanks the stock
This emotional market place is wearing me out.
Newsletter cannabis investors just sent email to sell Elixinol and move money somewhere else.. the reason behind it is solely that the guy doesn't like their approach.. that they are too 'scientific'.. he doesn't like that company believes that higher strength and full spectrum is better than pure CBD of lower doses = the guy from Cannabis Investor's has no clue..
That to be said we may see some bargain prices if someone is interested to add and has patience to hold
Glta
Yeah _ I have my eye on this. I am excited beyond CBD for ELLXF. The medical weed licence in Oz could set them up to be the Canopy Growth etc of that country. But this - bioplastics - is HUGE and the world needs this even more than CBD or weed. I love this.
Picked up 1000 shares @$1.50 Monday and Tuesday.
First time I got in here I believe I paid $2.60...and I thought that was decent.
Partial fills over and over on low volume but glad I got at least a small position at such a steal.
Check out this January post, Pan O War.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145827717&txt2find=plastics
Apparently he wasn't kidding. https://hempplastic.com/about-us/
"We’re also excited to increase sustainability by planning to use the waste from the hemp plant (after extraction to create our CBD products), to form bio-plastics which I hope will make a difference to our oceans." - Paul Benhaim.
Probably newsletter again but if you haven’t noticed the whole POT sector is going and of course the profitable cbd companies will catch some off of it. But besides that ELLXF is sitting back where it started ... buy it and quit questioning things. Lol
For the same reason it will probably shoot back down tomorrow. NO Reason.
There is really not much needed to move ELLXF 10% up.. little bit of volume and goes up. It's very thin.
Wondering that myself
Things I am looking forward to w/ELLXF:
- FDA Clarity
- European Revenue hitting the books
- Hemp burgers in Oz supermarkets
- Cost efficiencies from Colorado Production Facility + doubling capacity
- Nunyara Cultivation License
- Constructive discussions w/large retailers as well as large food, drug and mass retail segment
- New Elixinol branded products launching H2 2019
- Microencapsulation
- New distribution channels being discussed, predominately the UK
- New Hemp foods
They love it, they hate it.. notice the small daily range here. What’s she doin... previous price areas are potential buy zones but I started a bit early.
What's wrong here? This stock isn't getting any love. Actually not even getting any like. Looks like mostly hate of late.
"2 falling ASX cannabis stocks to watch closely"
https://www.fool.com.au/2019/09/02/2-falling-asx-cannabis-stocks-to-watch-closely/
From Forbes:
Pet Releaf’s lineup for dog CBD is absolutely one of the most complete on this list. It’s clear they’ve not only have thought through all the different reasons why dogs would take CBD but the specific methods that’ll make it easier for them to ingest it. A wise choice overall, and one with nothing but upside.
https://www.forbes.com/sites/joresablount/2019/08/30/cbd-for-dogs-the-best-products-on-the-market-based-on-quality/#4665b57760be
I agree in general. It’s a land grab situation.
It’s never 100% on anything but I’d put my money with someone who’s willing to invest in there company for the future than not.
“The distribution agreement with 25th Group allows Elixinol to establish a dominant position across central Europe and launch Elixinol branded
products throughout retail channels in Benelux and Switzerland.”
Elixinol signs exclusive distribution agreement for Belgium and
Luxembourg
insert-text-here
Well, I hope you are correct, of course.
At this point, it’s all about brand. About distinguishing yourself from others. As they say, you never get a second chance to make a first impression.
As many consumers are just getting acquainted with cbd, now is the time to market heavily. Agree with the priority.
~yanqui
Well, it’s not always wise. It’s wise if it works. Having $18m in revenue and spending $3.7m on marketing just seems like a lot to me. So I hope the marketing works, as I said.
Investing into ones company is always wise bigger profits later GLTA
They are sure spending a lot on marketing, 21% of revenue. Hope that pays off.
US strategy shift causes growth pains for Elixinol
insert-text-here
Cannabis company Elixinol Global posts 19% increase in half year revenue to $18.3 million - Motley Fool:
insert-text-here
I have no idea why people would sell after the report last night. Looks to me that ELLXF has built a solid launch pad with good strategic thinking. I think some people may regret selling at what appears to me to be a potential bottom. Just my opinion.
It has market cap 120M at this pps.. it's pretty good deal if you ask me.. that to be said ELLXF is very thin and can move quickly both ways. I would definitely add tons if it dropped to $1
Nezt support is 1.00$ if this goes below 1.62 ...1.62 should be bottom
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