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Be careful. if it breaks through this support then it's likely to go back to .39, then possibly .23. Be semi cautious bro. Of course it can do the bipolar opposite.
If this starts ducking under .55usd that is bad bad.
The ASK looks a little weak this morning. Let em clear my eyes. Could be nothing, could be something.
I'm a seller soon at the first sign of decay. Get my 20% or more and I'm out. On another note, Agra has that tour in exactly 2 weeks. It also is coiled up and has been churning at .29usd on and off for a while now. Waiting for it to spring again.
Was 1.3 - 1.4 mil on the bid today all day vs a 4.3 mil'ish on the ASK which is and has been normal activity. The ASK been bouncing from 4 - 5 mil, topping out of around 5.8mil for weeks. Nothing abnormal on either end today at all. Volume was low but that is normal for Summer. A lot of accumulating been going on for weeks now at .29. Will provide for a strong base. On the US side at 10:00am there was something ridiculous like 16k traded. That's good. The lower the volume, the tighter the bands coil. Volume precedes price?
I hear that. Hoping it takes a month to develop.
Decline 25% more and I will have my precious.
The powers to be held it all day in a one cent range accumulating, as they have been doing for a while now. Usually a good sign. Stronger hands buying at these prices and have been for weeks now. Two weeks till the tour =)
Taurus was right. 6 cents incoming. Nice call!!!!
Some hardcore dd =) 3:38
We love the ones we hate and hate the ones we love. Anyways, Green Monday and Week??? https://www.theguardian.com/us-news/live/2019/jun/07/trump-news-today-live-biden-abortion-democrats-republicans-2020-updates
Sector push on Monday? I'm not one to post political but this seems big. https://www.theguardian.com/us-news/live/2019/jun/07/trump-news-today-live-biden-abortion-democrats-republicans-2020-updates
It's been a year and the website isn't even done yet or functioning properly as it should 100%. Add in a measly 1 million in total inventory and I don't see how they could make a lot. No wonder some sku's are n/a. They were saying 100 mil a year in sales. With what? A vault that holds only 1 mil in product? That's ludicrous. Why all of a sudden does no one talks anymore about:
The indigenous platform
The veterans platform
Needle free injections
Europe, ya know that building supposedly we own there with a license
Australia exports
cookbook and cafes
Greece/South America
Recreational weed
Cultivating
Their dispensary storefront
The whole airport idea
The revolutionary coffee partnership
This is just stuff off the top of my head here. Tomorrow could probably come up with 10 others. I don't see this getting better long term. What I see are the sharks circling the waters watching this slowly die till they can pickup a tech company for pennies on the dollar. One of the big dogs I'd imagine will scoop this up. Question is how much would they pay?
There is a reason they are being silent imo now. They are being told to. By the potential buyer possibly? If Namaste was truly going to move forward as they make you to believe wouldn't they drop a PR bomb of any kind with the financials? I'm tired of being lied to and half truths from this company. We were told in videos and in interviews that Cannmart was selling a bunch of cannabis. There were hiccups at first but now orders are "flying" out. How are they going to have 100's of sku's but 1 mil inventory? Someone explain that one. How could you possibly have it all in stock and backup. Ehhhh, you can't. Idk, idc. Just ranting.
This message board has 0 effect on anything stock wise. It is more a therapy session for most. Tell us where Namaste hurt you..........
First off they can't even sell cannabis, how they gonna sell oil. They have no oil license. They have no oil facility. Vapes are declining in sales and drastically so. They had a year waiting on license to have a website ready and functional and they are supposedly a "tech" company. We all know how that turned out.
Btw their website looks like my neighbor down the street made it. I pretty much hate everything about this company. All these deals are not worth the paper they are written on. Seems like a huge bag of lies while they pay themselves millions while diluting the company to no return. Wait for this, wait for that. No thank you. Will enter if it hits .22 - .39 for a quick flip.
Plus they only have a total 1.2 million capacity(I believe) so how would that deal even work? I never believed that deal to begin with. Namaste doesn't even have the capabilities, tech or space to do that deal to it's full potential.
Yea I'm sure they will go from selling 150k in merchandise to 100 million. Seems legit. I remember on some off the wall video they showed a Cannmart walkthrough with the safe room and said max inventory could only be 1 mil. How is 100 mil even possible? So many lies and exaggerations make me hate this stock.
Plus management is content to stay silent which will lose investors confidence. If this drops below .55 we could see extreme 2017 prices.
A lot of times this is a good sign that a selloff is coming by looking at the short data. https://shortdata.ca/stock/LABS.V/
If it doesn't come up for ya, click TSXV and it will be there. As you can see by the short data chart you can see a massive short position developing in mid April. I notice most of the impact to stock price is always delayed a couple weeks later after the peak of short volume.
Add in a finance deal and ya have the perfect storm for a decent dip. Then throw in that it is Summer time and ya have three strikes. All food for thought for the next run and next year. Peace
With 112k shares now at a .29usd average I am salivating.
"With the reunification of Organic Flower’s 20 per cent interest in PSC under a consolidated corporate banner, AgraFlora’s interest in projected 2020-funded production from the Delta Greenhouse Complex is forecasted to be 175,000,000-grams of premium dried cannabis flower.
As we prepare for the our inaugural harvest which is scheduled for the first quarter of 2020"
Reverse stalker. I think I invented a phrase. =)
I heard about this stock today and here you are, lol. You reverse stalking me? Lol, jk. Gonna research this one.
Kind of nuts when you think about it that there are only like 10 of us that post here out of the whole world. We are the .0000000001%.
You didn't get the Namaste Technologies joke in there?
Bam. This kid is on fire!
And.........a whole new set(and breed) of bagholders incoming that will buy after it goes up 100%. Lol, I'm on fire today =) Anyways, "Remember" to take some profits so we can then make fun of them. Jk, or am I?
Where are the nurses with lingerie on, open bar with primo top shelf booze and rappers? Oops, sorry, had the wrong company there for a second =)
hahaha, i crack myself up........good times, good times ahead
Trolling the elderly. That's pretty hardcore, lol.
Now that I am wrong, I'm out again. This stock I can't do technical analysis on it. It just doesn't make sense to me. Moving on to easier stocks to chart and also that are ascending. Trend is your friend.
Took a chance on this one but not willing to bag hold to .39 potentially. I try to cut losses always immediately, so I won't cry over 7 cents. I hope this stock runs for you guys. Man oh man what one PR could of done over the weekend combo'ed with the Financials. It could of just been fluff....anything. I am disappointed in that.
It's my fault too. I haven't been watching them closely enough daily on level 2s to get a feel for the price action and be able to day trade it efficiently. That's a no no.
Looks like we may get a good bump this morning.
Looks like a green today =)
Glad I kept half my position. Very nicey nice.
Not at all. Look at the low float. It's realistic imo if they follow through.100 dollar SP is only what? 11 billion market cap? That is very possible bro on a sector run one day with a true 5 billion market cap. It is so not out of the realm of possibility.
We will do well but just remember that most of the numbers are not correct. They never are. But regardless, we will do well buying now at these general price range of .20 - .30usd.
Yea, if it does I will break out 0% credit lines then, like I did in December of last year. By end of January I already made a years paycheck doing that.
No, 2.75 - 3.00 is suffice. It's what my crystal ball of a chart says which is right half the time. If I get it, I get it. If I don't I will pay higher. The chance I'm willing to take. Regardless I am buying.
We'll do very well. Just don't fall in love......yet
So far the Tesla bottom call is holding up. Reminds me of when they shorted the heck out of Facebook couple years ago when it was around 70 -90 bucks. Same exact media type tactics. Also Agraflora(PUFXF) has their tour in 3 weeks. Load up boys while it's still in the .20's.
This Brandon Boddy guy is on fire. I'm loving the new CEO. No nonsense and dropping bombs.