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Yeah they have 700 mil in cash bro, plus bought Spirit with 96 retail stores already established. All they need to do is send weed to the stores and they keep the profit.
So imo SNDL is gonna make bank ??
Add in the APES and autists and yeah... could be life changing
Possibly? But market cap would be 50 billion idk APES together could push it into ridiculous prices
Let's goooo
When I think of Nasdaq I don't think of this POS
So, good advice
Ah yes PMCB... the greatest scam by a senile old man
I still don't understand how this is considered technically legal to do
Honestly, wish scammers like this would burn in H E double hockey stick
SNDL .185 earnings in 2 weeks
News came out that their new brand Palmetto sold out within two weeks of launching
Huge opportunity to make 2x your money at least
$SNDL Earnings this November
Worth more than .19 a share
IPO 2 years ago at 13$
Completely oversold
Easy money for whoever wants a piece of the pie
Might as well hold till earnings at this point
Big volume
Quarterly payments were deferred, with first payment September 30th of 2.1 million dollars
This is from Q2 earnings call transcript
I'm down 50% but still holding on. September 30th is due payment. They aren't releasing PRs until it's paid. Hopefully, in 6 days we could be looking at a pay day.
Great time to buy in
I thought .32 was a great price, but look how far its gone
Over 10% discount from that price
Only so much lower it can go
Way below its book value p/b is .4
More blood
Keep it up
Thompson Reuters 12 month price target is .92 mean CAD btw as of 9/08/20
If you jump in on the long boat you will be fine
It helps to keep things in perspective short term
Hold
#nofear
Been a very interesting morning
Bears been at it, but they are gonna run out of steam today
Its been quite the fight
I'd say bulls are pissed... and will retaliate
Its weak
No offense
SNDL needs to release a some news themselves. Some positive ongoing operation.
Saw someone put up around 280k on the ask for .298 or something
Someone ate it up instantly during pre market
Whoever is selling shares at these prices is seriously going to regret it
That resistance is lower now, almost at .36
Every day becomes easier and easier to break out
Still some chumps selling
You know the rise to .54 cents was fun too, officially being like .41 on the open or w/e
I thought that was it, but yeah selling in these digits would only amount to a paltry sum; chump change
But it is odd that 11:34 it spiked, same time as the release
Who knows for sure?
Small steps. Not quite there yet with a full recovery. We might just slowly inch towards the resistance.
Once the scales actually flip, and this thing tilts... it will be pretty nutty
Patience will be rewarded.
Isn't it old news though?
Approaching that 1, 3, 6 month resistance at .3820 in slow motion
However, short term profit takers doing their thing
All in all, looks bullish.
Finally, a green day.
And we are off...
Happy Labor Day
Pre market volume really low in comparison to what we've been seeing
Well tomorrow we should be above the 5 day trade resistance. So I would say it's positioned for reversal.
Now, how fast we come back is going to be exciting to watch. May spring back in one day.
Either way, bulls are taking over.
Those that manipulate will only get burned
Respect the market
And it will respect you
Eventually this will be in top market movers... when it opened at .42 cents a day ago it registered .52 cents around 5 am eastern time so it didn't record on the chart
Volume was high enough and the rally made it into the top market movers for a brief moment
If only it sustained the rally, but that should show you how fast this is gonna fly.
Smallest bit of decent news and this is gonna go boom boom pow.
1 3 and 6 month resistance at .44
Not that big of a jump.
5 Day at 33 and we are practicly over the 1 day resistance. Major floor underneath. That support at the bottom is pretty indestructible.
Already green... huge volume. 50 mill? Maybe 100?
Who knows? We will find out soon.
I am very excited.
Today is the day boys
Pre market currently at .3805
Yeah buddy thats not happening. Premarket trade this morning at 37 cents. You are too late. Good luck next time.
Big green fatty wallet Monday... which is today.
Shorts..
Did you cover.
30 is a perfect number
The slightest bit of news could tip the scales.
Thats what happens with offerings. Massive dilution, but it's not a sinister conspiracy. Just the nature of public companies.
More pressure you put on the spring, the greater the release
I think I was wrong on market cap. Market cap is around 64 million. Outstanding shares is now 180 million or so.
It was hard to find an accurate share number with the recent offerings but I was able to come across that last number.
SundialGrowers Investors Presentation
I recommend looking at the Canadian peer group comparison slide in terms of market value. This was also measured at 70 cents a share. We are now 33 cents.
At least double back and from there could catch up to Canadian peer market value very fast.
Nice