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PROG about ready to rip again!!!
Consolidated near HOD as well looking great for tomorrow!
CPAH UP 16% NOW AND CONSOLIDATING NEAR HOD
CPAH small float, ~15% short, compliance news tonight or tomorrow morning, going to soar!
$CPAH small float primed for a bounce on 20DMA, sell volume slowed down off recent spike, ~15% of float shorted. Recent spike to $6 was 300% of current price. All this needs is a little push in the right direction and we could be breaking that high
http://schrts.co/UZJURFsu
Companies need money to operate....
Funding round coming to a close? Cannot confirm this information - take it with a grain of salt:
#NIO-#GAC JV about to complete RMB 1.5 B financing round, #China media reports citing JV.
— Moneyball (@DKurac) January 9, 2020
The funds to be used for R&D and operating costs.
JV pre-money valuation at RMB 1.5 B
Further details to be revealed after completion, JV added. pic.twitter.com/M7D7N2tzbP
My expectations for today’s action has absolutely nothing to do with Tesla (other than, I guess, being a part of the possibility of the market plunging).
The cash issue is real, but that’s more from a meta perspective. I’m interested in today. If funding gets announced though, that would be huge for this stock as it already appears to be in the midst of a reversal.
NIO on SSR today
Shorter term moving averages also about to cross above longer ones.
Puts got loaded the F up yesterday.
This should be a bull day if the market doesn’t tank. May be wise to wait until POTUS speaks. I smell bear blood today though
Looks like D9 may be facing increased competition now. How coincidental that you would bring up that other company. They just received an amendment to their license that allows them to sell directly to provinces now. From what I’ve seen / heard, they’re priced very similarly to D9’s weed.
However, I’ve heard much better reviews for PSF weed. It is much more like higher end strains, and I’m guessing part of why they’re priced more similar to D9 is because of how cheap they can grow it.
I’m sure glad I bought back in over there when branded social media started to pop up and coming soon, and when the BC deal was announced. It looks like it could be a fantastic week over there. What do you think D9 will do this week?
This looks familiar
Wow! Who could have predicted all those gains would be given back so quickly!
Yes, yes. I told you at > $1.00 that they would pump on the way down to ease the pain for you bagholders. Will be a typical pop and fade. I’ve apparently been frustrating for some the past 3 months though, so feel free to enjoy your temporary joy. Weird, I would still be upset being down > 35% but that’s just me.
I’m glad you made money on that other stock (if you did ). I made money on it too! I could have sold it earlier and made more, but what can you do? It’s kind of like how D9 shareholders could have sold at any point in the past 3 months and been better off. I can still make money buying that other one in the future, but the only way I see to predictably make money on D9 is to short it.
The difference between D9 and that other company is that I see a much more explosive future for the other stock. Did you know as an LP they’ve got an EPS of $0.20 already? It’s wild - some people are actually MAKING MONEY in MJ. They’re definitely staying on my watch list. Even with conservative forward revs and trading at a reasonable EPS ratio (for blue chip stocks mind you - not even the crazy ratios most companies in the MJ sector have) the stock should be trading at around $17-18!
A lot of the big bloated companies will survive the reality coming to the sector - too much money at stake. Some, like the other one you mentioned, are still waiting for a proper valuation. Most of the small, cash burning ones like D9 will end up bankrupt.
Not quite ready to call it a reversal and not back in yet, but it would
I agree, but at the same time there is no assurance this is bottom. I can sell right now, take profits, and wait to see how it plays out. Potentially miss on a little bit of gains before buying back in when it reverses vs. being exposed to more losses.
There are good trades outside of MJ right now, and there is an opportunity cost associated with continuing to wait. The long term may be plenty of people’s goal, and that is fine for them, however I’m not interested in getting stuck red.
Too close to my entry. Feel this is close to bottom, but out. Will keep a close eye on it for reversal.
What’s frustrating is that a lot of the downward pressure came 8/19 on... so if it was indeed occurring after 8/15, we won’t be able to tell. Will still be interesting to see though.
Today is the dissemination date for short interest data. That should give us a pretty good idea of where there at. Or at least were at as of 8/15.
Not necessarily but it sure feels like it
Perhaps posts with “zero credibility” and “drivel” should be listened to with open ears
You really are licking your own ass with that kind of BS. (Weird, I’ve heard of “LMAO” as in laughing my ass off, but never LMOA. Guess it’s just not as popular).
Short if you want. I wouldn’t recommend it though. I’m usually right
Ouch, I’m sorry to hear that! If you don’t understand why it wouldn’t be a good thing to be tied to Canopy, I would have to ask if you’ve paid attention to what’s happened in the MJ sector the past week. The market certainly did.
You would need to ask the person I responded to why it would be worded that way. I already told him I thought it was a bit of a stretch to say that. Keep buying though! The ROI has been great!
I’m curious to hear from a D9 long how it feels to be “in bed” with Canopy right now...
Quiet day... expected rebound. If we can push this we might start to squeeze some shorts but we’ll see. Biggest piece of interest today is if HC will come through for us.
Shorts need to cover at some point. Let’s see if longs will make them pay up.
Yes, I am also seeing the VFF CEO will be on mad money tonight. Maybe Cramer can ask him, “how the hell are you able to make so much money selling weed when everyone else I cover just keeps losing it?”
There’s 2 more Canadian LPs with great earnings in VFF and LABS. ACB come on now you REALLY have a chance to turn around.
Yup. Good news is things may be on the verge of turning around. I won’t be in for the er / cc on account of being in other plays, but I’ll be keeping an eye on it. ACB has the chance to get the train back on the rails here.
Hence my pic
Makes sense to give everyone a heads up. I think most people who were paying attention figured they wouldn’t get there when the higher margin products were delayed. Some of that downside was already baked in over the past few months.
I think this misconception is a large part of the pop and drop from the PR. People just read “EBITDA positive” and blew their loads.
Too many noobs in this from the hood.
Saw somewhere that someone was saying PSF products are being advertised / available online. If that’s the case, HC could very well be coming through this afternoon. Coupled with the ER on Monday, we’re looking good!
If a tree falls in the woods...
SAD - all the MJ hype going around and bagholders still can’t get out for $0.73
What a POS
Still only “tracking towards positive EBITDA”. Still a net + to see revs continuing to grow though. Just don’t expect an APHA type of response just yet.
MJ sector might be turning around but let’s see what Canopy has to say.
ER will officially drop Monday at approximately 5PM. Conference call on Tuesday:
https://ca.finance.yahoo.com/news/village-farms-international-host-second-110000252.html
Checking out the board for old times sake:
Why the change to FUNN?
STILL no audit? Yikes.
No bad wishes here, I like a lot of the longs on the board and I admire all of you for your conviction.
GL
I don’t see how it doesn’t without a big catalyst, or unless they can pull a golden nugget out of their rear end for earnings. With the delay in drinks, edibles, etc. I don’t think they’ll show positive EBITDA as soon as they had hoped. 50 day SMA crossing the 200.
Shorts don’t seem to believe ACB is ready to turn around yet either. Short interest has only declined on 3 of the pot stocks listed on major US exchanges, and ACB is not one of them.