Empire Building 101
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3:2 buys vrs sells. Consolidation is definitely an expectation with a red hot rsi but with reddit and all I believe $2.50 is coming sooner than later. Reddit could take us to #5 rather quick. Wishful thinking for sure but definitely possible when peeps realize we could see .10 8n earnings this Q
We will not need an a quisition as big as everyone is assuming as I believe q4 is $40 mil which is a run rate of $160mil
Agree 99%. I believe like DrugDocter this is going to new highs with or without regulations done now. However once they are enacted we will then move substantially higher.
Does tomorrow make 10? Interest will pick up tomorrow. IMO, $2.25 this week
Where is Hoop?
I believe we could see .10 in earnings this Q. I believe someone eluded to a $34 mil. in revenues when q2 was announced. Could that be low also? Should see another large jump in Purplebee's. Dye mentioned they have room for expansion 8n the back. I believe that was a subtle hint.
Good presentation. FWIW, in the Q n A said we will show continued growth and build upon q2 numbers. Remember we did 08 earnings last q. Myarter. Plus he talked with Joe Gnomes last night. With 2 institutions on board and "hoping" for more(imo they have already started to buy).
Dye is so impressive telling the story. With that said the impressive thing is what they accomplished so far that the competition hasn't. That being a profitable company with p/s of 2. Sorry for anyone who sold dor the tax loss and waiting for the 30 days to buyback or face the wash sale and the red flags that come with it.
Good volume. Selling was heavy but buying was strong. With earnings in a month I believe we are going to new highs by then or possibly s
Ps also large bids is obvious we are in play by bigger fish.
3:2 buys vrs sells. With Dye on stage tomorrow is a perfect day for news.
Should see $2 today.
2:1 buys over sells. Nice 10,000 and 9,000 buy. Possibly we have a whale or institution buying. I've been watching the tape closely and good things are happening despite low volume.
5:2 buys vrs sells. Big seller is now gone 7mo. May have a little profit taking from some recent buys but overall looking much better.
2:1 buys vrs sells. IMO the big seller is done for now. Still need volume to confirm.
For sure and he was run off along with name calling. Love this board but if opinion or thoughts dont align with their own. We really have very few new posters and this is a problem in regards to sharing all dd and opinions regarding SHWZ.
Buyers were 4:3 over sellers. This is the 2nd time in 3 weeks and back to back. With news coming definitely good news.
Most of the large MSO's are bleeding so much red ink that 5hey will dilute so bad or take on more debt that some wont survive. Tou gotta love J.D. and his plan. Now let's pick up some more assets at 1/2 price and implement the Dye strategy.
We should start seeing the profitable ones such as tcnnf and a few others such as us pull apart from the pack and go up.
Would like to see volume go over 100k
Tilray has a larger than expected loss but large increase in revenues.
Can't wait for E.R.
While some are chartist and others go with fundamental. Personally I use both but watch the tape. In the last few weeks sells were 4:1 and it was obvious to me. With that said today was the 1st day buys were 4:1 today. IMO, the bottom has been put in. However the seller may have given the stock a breather. Looking forward SHWZ did one dog and pony show with 3 more coming with 2 this month and another one in Dec.My thoughts is we will move upward and the seller may be out and even if he isnt the buyers are now realizing what a gem this is. Again imo these are the cheapie and just like the seller being very savvy so are some current buyers.
No trade in 45 minutes after 23k in the 1st 15 minutes.
Gotta go with the old cliche "if it walks like a duck, talks like a duck, looks like a duck it probably is a duck."
A.W. had millions of shares not an opinion and must rid himself of these shares before Columbia closing and this is also scheduled for q4. Of course like calling a low for the pps is an opinion while what I have stated is fact.
Not sure really makes no sense which would be a PE of 2. I believe we have blow out q4 earnings report. 11k lbs. is a lot of green. Once A.W. is done selling immediate reversal which should be soon as the cling is for this Q.
Some are so busy calling the low pps expectations and talking about selling for taxes etc they have taken their eyes off the prize and will end up talking about the the should haves and could have in the near future.
Now the board seems to know better than Dye. Not! As I see it Dye and Co. in all reality will finance the next purchase and do debt and equity again with preferred stock which could be announced very soon through a Dye Co Why would you try and run the pps up as the preferred would be around $1.60 -$1,75 Aga8n imo, A.W and JH. selling is probably playing right into Dye playbook.
https://finance.yahoo.com/quote/SHWZ/analysis?p=SHWZ
Don't know if I got the right board but the new analyst is calling for $1.30 a share in earnings for 2022. For the two analysts an average of .94 next year.
Totally agree fundamentals alone is why I am buying and not looking for a write off for a little avoidance of s-term taxes. Plus the 1 yr holding period for cap gains start all over. We have a winner and imo like yours no time to trade. GLTA
100% agree. Adding 5k today. Q3
Nobody has mentioned in the latest investor presentation where management is calling for 11k pounds grown by them including hoop houses. Plus more private label. Again 11k pounds in q4. Focus on that number as they will/can bring in more traffic and delivery while being a low cost provider with increased margins.
I would also.
Is this the bottom? I believe it is based on a gut feeling. Would be nice to get an update but being a Friday I doubt we hear anything.
Definitely due. We will reverse hard with new highs with next Q earnings or sooner based on new institutional interest.
I really doubt we go much lower as the selling is relentless we have new buying interest I will say no loWer than 1.75
I believe(opinion) with these 2 guys and everything that has transpired since March with Joshua leaving and then A.W. jumping 8n bed with Columbia or whomever these guys are the selling pressure that has been devastating to our stock price.
A little math here to hopefully convince you guys they have not finished selling. I took from end of March and went to the end of Oct. which is 26 weeks. Note Oct has not even started but for math purposes and no holidays accounted for I used 120 trading days. Thus 6,000,000(shares)÷120(days)=50,000 shares sold per day. Now take out holidays and another 20 trading days for Oct and the math changes even more 6,000,000÷95=63157 shares per day to be out.
Now put on your common sense caps and total volume and common sense tells you with so many low volume days AW is dumping as he really needs out and JH needs cash for his venture and again who is giving these loans. Almost nobody thus selling stock.
With last Q earnings and the future we absolutely would have separated from the pack with new high prices. Not at all saying legalization and banking wont help tremendous just saying in our particular situation these guys are the culprit and once they are gone the pps automatically reverses course.
The selling continues. Really seems to never end. Between those 2 guys they had 6 mil shares. My guess still 1 mil plus left as the volume over the last 6 months and the shares they had will take awhile. Dye should approach h and take them out
Certainly something to think about. I'm not sure of the legality of StarBuds but always thing about the buyout possibilities. Dye said on the video insiders have $40 mil of their own money. The question being is $100 Mil enough or is $1 Billion payoff their expected payoff or something in the middle. Personally I believe somewhere in the middle.
These were my thought 3xactly thus figured they were the culprits and it would take some time as many days less than 50i. Plus others bail after so long
and just throw in the towel. Our day is coming imo soon.
IMO, he has been relentless but not going to crush the pps any lower. Regardless of my thoughts we both know very soon this will end. Did you notice today's sells were 20:1. Another way of putting it 2,000 shares were bought total at the ask. The guy selling is very shrewd and not showing his hand. The good thing is a lot of buys have stepped up and he can sell here and we are all happy.
PS I believe you are correct with a 10% price 8ncrease is coming soon.
Seller is relentless. This is so obvious.
Good thoughtful post. Appreciate your input. Doesn't matter who is selling the fact is someone is and that to will turn positive soon.
Agree 100%.
Heck we may end up flat or even red while the whole sector is up huge. It only makes sense if we have a huge seller or two. Posters here are holding very strong and what I have stated makes common sense. Interested though in your thoughts.
Ps had $60 lying in an account i didn't realize I had and just got 29 more shares. Big spender lol
Respectfully disagree here with A.W.n J.H. on the continued selling pressure. With A.W. he held many shares and while the buyout has not closed. I do believe that he can't own both but with his sizable holdings time was needed.
However your assumption with J.H.very well could be spot on.
I strongly believe my thoughts based on the float. There is no significant holding by any institutions and absolutely no 5% filings although one individual purported owning 400k which in no way can be verified as truth. There is way to many 3-5k at the ask daily.
IMO, if it walks like a duck,talks like a duck, it is a duck. These 2 guys had millions of shares and no longer considered 8bsiders thus free trading shares plus they have no ties.
Plus the recent Q earnings and great interview with yet another profitable a coming. Come on Hoop this is too obvious. Even.