Yeah, I've been here for over a year myself and I'm up. Hardly a punp and dump as this company is kicking ass. We are quite undervalued as we are grouped into the overall sector with companies not doing good, but once we get property split away,I believe we are easily North of 4USD. This whole sector appears about to explode with everything about to happen as well.
Based on What ?
Watch what going to happen in the next 2 weeks $0.50
Like I asked, why? If it goes that low this company would be so undervalued every idiot on earth would jump in
Yeah.. going up the next leg
Naw. I think support will be found around 2.10 and bounce. If you are short, better cover ;) It will woggle around there and then go for new highs. Jmo. The Canadian market is just getting started and the US is expecting an answer of some kind from the DOJ in about 60ish days. I donno tho don’t listen to me
"In a research update to clients September 15, Semple maintained his “Speculative Buy” rating and one-year price target of $9.00 on HITI, implying a return of 290 per cent at the time of publication."
Even the big dogs know this should have a much higher share price! Shorts should be scared as nothing is going in their favor lately!
Yeah, I think you are say they should have been a bit more aggressive being such a young company, but they did say they were going to be a little more conservative a cc or two ago. This is an awesome quarter and all involved and invested should be extremely happy.
The Company Has Achieved Positive Free Cash Flow¹ of $4.1 Million This Quarter, in Advance of its Previously Stated Goal to Reach This Milestone by December 2023
Same-Store Sales Increased by 19% Year-Over-Year and 8% Sequentially. Calculated Daily Same-Store Sales Increased by 5%, Representing the Eighth Consecutive Quarter of Same-Store Sales Growth
The Company Remains the Largest Non-Franchised Cannabis Retailer in Canada With 156 Locations and Surpasses 1.1 Million Cabana Club Members, Including 3 Million US Customers and a Global Customer Database Surpassing 4.6 Million
The Company Further Enhanced the Growth Trajectory of its Cabana ELITE Paid Membership Program Which Grew to Over 18,800 Members as of Today, Representing a 39% Increase from Q2, Growing at a Faster Pace Than the Previous Two Quarters
14th Straight Quarter of Positive Adjusted EBITDA² of $10.2 Million, Representing Increases of 140% Year-Over-Year and 55% Sequentially, Including a One-Time Return of $2.4 Million From Manitoba’s SRF
High Tide Maintains Canadian Cannabis Retail Market Share Excluding Quebec³ at 9.5%, Through Continued Organic Growth
High Tide Remains the Highest Revenue Generating Cannabis Company Reporting in Canadian Dollars4, and is the Fastest Growing Retailer in the Americas as Reported by The Financial Times5
So they lost $3.6 million this quarter vs. a loss of $2.7 million for the same period in 2022. Progress.
Positive Free Cashflow! This looks amazing! Let's start our journey to the moon!
Beautiful up trend! I'd hate to be short in any cannabis company right now.
Pretty awesome knowing they are using it responsibly and simply renewed the old. Kinda like an insurance policy to keep it around.
I saw moonmarket cover it so made the post
Are you bringing that out for a healthy discussion? Hiti is ramping up and undervalued, does an can sell into the US market with some of its stuff.
There going to rise the Outstanding Shares to 1.000.000.000 B
I keep an eye on the EFT MJ when it comes to determining a bottom. I believe MJ would have held a 52-week low except for the TLRY news on Friday. I look for Tuesday to be green for the sector.
It definitely is hard to call the bottom. Once the usa gets serious about legalization, I believe all the nasdaq stocks like and related will get hot. I screwed up with acb thinking the bottom was in, but I still believe they will eventually start climbing too.
Does nothing goes nowhere.