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Thanks for your take...I am building a long term position ...buying all dips...
Cannacord Genuity 2.75 price target
https://us.v-cdn.net/5021759/uploads/OI9YXLQYOO4T/canaccord-lowl.pdf
Ok thanks for your take. My read is we have further to go on the downside toward lower supports. Chart still looks good and not expecting severe damage but the 1.75 to 1.80 support won’t hold. Expecting RSI to take a break and go sub 50. Just my technical take. All imo
Chart looks Great...Healthy expected dip to fill the Open Gap...No surprise there...
INDXF..$1.78...Gap filled on the dip...
Chart...https://schrts.co/YZhuzmgB
georgie18 Saturday, 02/27/21 06:57:03 AM
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INDXF...$1.92...Pierced the Upper Consolidation Channel...Psar flipped to a Bullish Buy Position...Leaving an Open Gap in the $1.80 range...
Blue Skies Chart with the Last Resistance in the $11 range...Break/Hold $11 range and we have NO Topside Resistance...
Yeah. That earnings release was scary.
I was shocked it held up in the 2.40s as long as it did before selling off into the close. I. need to listen to the cc but apparently Q1 guidance is equally awful. These guys are now creating a very poor pattern of quarterly operational disappointments. The 225K house was supposed to be in order by end of Q1 churning out 42K lbs of product on an annualized basis. George has trusted Mark on the operational side perhaps too much. Hoping George doesn’t have a blind spot as he is always looking downfield while quarterly disappointments accrue. I almost peeled off some of my cores yesterday and put on a short but I like this Lowell move a whole lot. It positions this company to move toward “one of the Cali leaders” category over the intermediate term and thus the stock should trade closer toward a leader valuation metric if/when they get their house in order. For now the path of least resistance is sideways to down toward supports (unless the sector catches fire with more decriminalization news) All imo.
The quarterly earnings were abysmal but the investment community must see something here.
Nice trade! A quick 10% win is nothing to sneeze at. This stock has been a lot of fun to trade the last few months. A scalpers dream although at times a bit illiquid.
Added this a.m. @ $1.74
It looks like a Breakdown out of a rising channel. Now moving up to backtest the breakdown. Looks bearish for now. I’m saving my trading pennies to see how it tests recent supports. All imo
George,How is your chart looking now? I dumped my traders yesterday when I saw the MFI and RS divergence on the daily. I do not like to see 52 week highs met with lower MF and RS especially going into earnings. I’m still holding cores. Fundamentally, EV is a bit rich here at around probably 4X 21 sal3s. so I’m thinking pullback to some recent supports but I need to listen to the archived cc and get a better understanding. The earnings were frankly awful on a QoQ basis.
INDXF...$2.12s clearing here on the Upper Bollie push...off my $1.05 alert...:party:
INDXF...$1.92...Pierced the Upper Consolidation Channel...Psar flipped to a Bullish Buy Position...Leaving an Open Gap in the $1.80 range...
Blue Skies Chart with the Last Resistance in the $11 range...Break/Hold $11 range and we have NO Topside Resistance...
georgie18 Friday, 02/26/21 04:27:17 AM
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INDXF...$1.77...Consolidation Channel Breakout Setting up here...imo...we shall see...
Chart... https://schrts.co/AVuquCms ...
First alerted on this News...georgie1812/21/2020
INDXF...$1.05...SALINAS, Calif., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Indus Holdings, Inc. (“Indus” or the “Company”) (CSE:INDS; OTCQX:INDXF), a leading, vertically-integrated, California-focused cannabis company announces the closing of its previously announced underwritten public offering (the “Offering”) of units of the Company (the “Units”). The Offering was conducted by a syndicate of underwriters co-led by Canaccord Genuity Corp. and Beacon Securities Limited, and including PI Financial Corp. (collectively, the “Underwriters”) and consisted of the sale of 23,000,000 Units (including the full exercise of the over-allotment option by the Underwriters) at a price of C$1.50 per Unit (the “Offering Price”) for aggregate gross proceeds of C$34,500,000,...
we don't have much scratch laying around but what we had around we tossed this way. Lowell Farms #ftmfw https://t.co/mNJtP7JwSd
— Todd Harrison (@todd_harrison) February 26, 2021
CANNABIS STOCKS TOP 10
My criteria;
#1. I like to see at least 100M in annual sales.
#2. I like to see an outstanding share number of less than 300M.
#3. The stock must have momentum. Especially right now.
#4. On the way to EBITDA break-even, if not there yet.
#5. Maybe a turnaround story, or legit, right out of the box.
#6. Typically, will be focused on the U.S., not Canada.
#7. For now, will be marijuana only. No hemp.
1)TILT TLLTF HOLD ADD
2)High Tide HITIF HOLD ADD
3)Harvest Health HRVSF HOLD ADD
4)Columbia Care CCHWF HOLD ADD
5)INDDUS Holdings INDXF NEW
6)CRESCO CRLBF HOLD
7)Verano Holdings VRNOF NEW NO POSITION
8)TerrAscend TRSSF NO POSITION
9)4Front FFNTF HOLD
10)AYR Resources AYRWF SOLD
11)Green Thumb GTBIF SOLD
12)HEXO HEXO SOLD
13)Schwazze SHWZ NO POSITION
14)Jushi JUSHF SOLD
15)Trulieve TCNNF NO POSITION
16)HOLLISTER HSTRF SOLD
17)GrowGeneration GRWG NO POSITION
18)Curaleaf CURLF SOLD
19)TILRAY TLRY SOLD
20)TPCO Holding Inc GRAMF SOLD
TOP 5 INDEX START $28.80 2/25 $ _________
Interview w/ George Allen at the 5.06 mark
INDXF...$1.77...Consolidation Channel Breakout Setting up here...imo...we shall see...
Chart... https://schrts.co/AVuquCms ...
Thanks for posting that.
I got a starter position yesterday. Nice start to that.
Lowell Farms is an excellent well known brand, at least in California
https://d1io3yog0oux5.cloudfront.net/_4d46cbb35b0e100b9214893cc1eb2123/indusholdingco/db/641/5326/pdf/Lowell+Farms+Transaction+Presentation.pdf
Great podcast about merger with Lowell
https://seekingalpha.com/article/4408879-billion-dollar-cannabis-brand-podcast
CANNABIS STOCKS TOP 10
02/25/2021
My criteria;
#1. I like to see at least 100M in annual sales.
#2. I like to see an outstanding share number of less than 300M.
#3. The stock must have momentum. Especially right now.
#4. The company should be on the way to EBITDA break-even, if not there yet.
#5. Maybe a turnaround story, or legit, right out of the box.
#6. Typically, will be focused on the U.S., not Canada.
#7. For now, will be marijuana only. No hemp.
1)TILT TLLTF BOUGHT Last week (19)
2)High Tide HITIF HOLD ADD
3)Harvest Health HRVSF HOLD ADD
4)Columbia Care CCHWF BOUGHT
5)CRESCO CRLBF HOLD ADD
6)Verano Holdings VRNOF NEW
7)TerrAscend TRSSF NO POSITION
8)4Front FFNTF HOLD ADD LW (10)
9)AYR Resources AYRWF SOLD
10) INDUS Holdings INDXF NEW
11)Green Thumb GTBIF SOLD
12)HEXO HEXO SOLD
13)Schwazze SHWZ NO POSITION
14)Jushi JUSHF SOLD
15)Trulieve TCNNF NO POSITION
16)HOLLISTER HSTRF BOUGHT
17)GrowGeneration GRWG NO POSITION
18)Curaleaf CURLF SOLD
19)TILRAY TLRY SOLD
20)TPCO Holding Inc GRAMF SOLD
Indus will change its corporate name to Lowell Farms Inc. and company will trade under ticker LOWL.
Outstanding Shares
44,849,785
02/17/2021
The Ceo wants to see the company become the best at what it does in California. While there is a lot of hype around building brands and brand equity, data indicates consumers buy based on value, according to Allen. So Indus is driven to deliver more for less, bringing consumers quality products at a great price.
Rather than adopting an MSO model, the company intends to remain focused on California until it becomes the market leader in the state.
Great way to learn about Indus
https://www.newcannabisventures.com/indus-holdings-bets-big-on-building-large-scale-cannabis-cultivation-in-california/
INDXF...$1.05...SALINAS, Calif., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Indus Holdings, Inc. (“Indus” or the “Company”) (CSE:INDS; OTCQX:INDXF), a leading, vertically-integrated, California-focused cannabis company announces the closing of its previously announced underwritten public offering (the “Offering”) of units of the Company (the “Units”). The Offering was conducted by a syndicate of underwriters co-led by Canaccord Genuity Corp. and Beacon Securities Limited, and including PI Financial Corp. (collectively, the “Underwriters”) and consisted of the sale of 23,000,000 Units (including the full exercise of the over-allotment option by the Underwriters) at a price of C$1.50 per Unit (the “Offering Price”) for aggregate gross proceeds of C$34,500,000,
INDXF...$1.17...Volume pouring in here...40,000 share buy at $1.17...:party:
INDS.CA the US weedster is about to blow up!!!
INDS.CA the only weedster I like ...here we go!!
INDXF/INDS.CA A US weedster ready to rumble.!! Extremely undervalued!!
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