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Buy signal today:
https://www.canadabulls.com/SignalPage.aspx?lang=en&Ticker=HBOR.CD
Today was a great day for HBOR with 55,000 in volume incl. ATS. What's great is this, buying led the way by 50,000 shares. We're also getting back to our highest close of $1.89 and TD woke up finally. HBORF volume was 28,000, buy's leading the way by over 20,500 shares. Buying is back, we just need more volume again.
Alright so HBOR volume was 120,000 Incl. ATS with selling leading by only 12,000. 12,000 shares held by suckers in my opinion. The guy at TD with the 30,000 share sell order can kiss my ass. Your either dumb or you're not interested in really selling are you. HBROF with 58,000 shares traded with buys leading the way by 15,000... MY American friends who knew the value of this stock and was trading with a high of $1.85 UDS before we even left 65 cents. It just takes 3 months for Canadians to wake up.
HBOR insiders own 50%... The float is only 10 to 11 million shares.
CEO says PR first thing tomorrow morning... Brace yourselves.
WOW
We did 19.5 million. 1 million more than the preliminary amount stated.
https://sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00013218&issuerType=03&projectNo=03136958&docId=4835879
Today's volume is unbelievable with close to 300,000 shares incl. ATS. and selling leading the way by 48,000 shares. Looks like they're pushing the price down to get more people invested. The 15 cent drop seems odd on the day excellent results are being released. HBORF's volume was 109,000 with selling leading the way by 60%. It might just be that people are news fatigued and excellent results don't matter no more. Sarcasm!!!
My thoughts on tomorrow's earnings
The preliminary results stated "exceeding" 18.5 million... The adjective for the word exceeding is "great" or "very great" and the adverb is "extremely" or "exceptionally". HBOR could have said simply over 18.5 million. So are we expecting the revenues to be just over 18.5 million or closer to 19 or 19.1 million. I hope they've used the right key word and that 19 is the magic number. We need a good set-up so that Q4 has the minimum 20 million I'm hoping for.
Today's volume was over 105,000 incl. ATS with buys leading the way by 14,000 shares. Most of the day we traded in the 1.90's... HBORF had over 48,000 in volume with selling leading the way by 8,000 shares.
Don't forget to send your vote in for Peter...
Pretty good volume today... Can’t wait for the results tomorrow.
So we closed on a new high of $1.89 up 2 cents from the previous high. That gives me and extra $4,360 on the reversal that just keeps giving. So HBOR traded 45,000 shares the buy and sell volume was half and half. HBORF traded about 25,000 shares. Sell volume won by 3,000 shares. HBORF/HBOR closed green although pretty close.
DEADLOCK 11 cent spread... We are going up!
$2
On our way back again... After 1 day, we currently have more buy volume than sell volume. Yesterday we had 3 times more sell volume than buy volume.
With results coming out next monday, this consolidation might be short lived.
Next monday,
Don't forget the results are coming out with an extra 2 to 3 million on the bottom line.
Only 22 million shares outstanding...
Article - Revenue Projections Move Higher
https://equity.guru/2020/11/08/harborside-hbor-c-upgrades-california-grow-op-launches-clone-sales-pushes-rev-projections-higher/
New Price Target - A Must Read
Harborside: Continued Revenue Growth & Expansion
Company: Harborside
Symbol: HBOR
Last: $1.85
Low: $1.78
High: $2.16
Harborside: Continued Revenue Growth & Expansion
Q3 2020: Exceeding 18.5 million (Preliminary)
Q2 2020: 16.1 million
Q1 2020: 14.6 million
You can note above that based on the quarterly figures that company revenue is going up at a brisk pace.
Over the past couple of weeks HBOR announced two updates that will further increase company revenues. The first piece of news is that HBOR is opening a new dispensary with a starting majority stake with the option to buy full ownership. The dispensary will be located in the iconic Aight-Ashbury district in San Francisco. The area is know for its huge hippie gatherings and demonstrations during the Vietnam war.
https://www.prnewswire.com/news-releases/harborside-inc-to-acquire-ownership-in-a-san-francisco-dispensary-in-the-historic-haight-ashbury-district-301154746.html
The next piece of news released last Friday is that they will start selling their own branded clowns at all dispensaries and the expansion of the farm by 50%. The work should be completed by the end of Q1 2021.
https://ceo.ca/@newswire/harborside-inc-announces-cultivation-facility-upgrades
Keep in mind that we currently have 22 million shares outstanding giving us that crazy share price growth these days. Volume is going up. The last 2 days alone we have over 630,000 traded when we normally have 40,000 shares a day. We’ve also had many days with daily volume of approximately 75,000 shares.
THE NEW TARGET PRICE IS $3.25 (APRIL 2021)
This new target is based on all the information above, Analyst coverage information and forward looking catalysts. For more information, read tomorrow night’s discussion.
Why are MMJ stocks soaring?
https://www.benzinga.com/node/18252821
Things are looking like they're about to take off
Link: http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1fq9tpr-Screen%20Shot%202020-11-05%20at%2011.11.03%20PM.png
Volume over 250,000 including ATS volume of over 91,000
Up 19 percent today with a high of $1.90... A new 52 week high.
Today we hit an high of $1.68 just 2 pennies off our 52 week high. Anyone selling below $2 lacks confidence.
Big volume today... Let's get that consolidation out of the way for the next leg up. Let's get those weak hands and early profit takers out of the way.
HBOR Buys New Dispensary
Link:
https://ceo.ca/@newswire/harborside-inc-to-acquire-ownership-in-a-san-francisco
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