Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Today, we drive the sector north! Competition started red, now they’re turning green.
Nice work from Cowen, another recognized, well-known analyst.
Hopefully analysts from all over start jumping on bandwagon.
Decent bounce-back from the low. Hopefully bleeding stops here.
This news wasn’t great today, could be having some effect. At least black market sales are down percentage-wise from last quarter.
https://apple.news/A0W8yFupzTm2CTUdJH31RCg
Ha. Will take any kind of green from this company I can.
No. Have you?
What do you mean?
High volume days are definitely exciting. A lot of interest swirling around.
Got it, appreciate the thoughts.
Price action is interesting. Super stable at $7.50. Everyone is up, we’re flat. Seemed like was gonna drop a bit today.
Don’t know chit about charting, so not sure what to make of it.
Any thoughts on recent action, or short-term outlook?
Reasonable.
I guess for me will depend on the reason for the jump.
If this pops to $12-13, I’ll immediately start dreaming about $20 (again). But gotta exercise some discipline and take profits this time.
Still underwater here, in at $9.
That was me, thanks.
Cost is immaterial? Seems benign, but would still appreciate some details.
A lot of shares trading.
Here we go again.
Another acquisition and I’m gonna have to acquire some medication.
This is good. EBITDA profitable would do wonders. Hopefully next quarter’s financials are not only strong, but give strong guidance regarding operational gains.
And hopefully they let us know soon what they’re doing with that $345 (besides spending on day-to-day).
Some info on the Mexican acquisition would be helpful as well, as we’ve called for in the past. A lot of time has passed, we deserve an update.
Agree on all counts. And def interesting to check out the individual’s track record.
And agree that $9 is low. When this pops, should blow $9 away.
Nice action here today. Let’s hold it for once (and keep climbing, god forbid).
Fair enough, I guess we’ll have to wait and see to assess the impact, but it’s only been one day.
Frankly, you seem more sophisticated than the average investor. Most people are not delving deep into reports, track records of specific analysts, etc. But a major company starting analysis on a stock lends credibility and creates interest. Imagine if GS initiated positive coverage. Wouldn’t matter how good the specific analyst was. Not exactly comparing Jefferies to GS, but you get my point.
Agreed on the $12C, shitty price target.
Jeffries is big-time exposure.
I don’t know anything about the specific analyst, and he might be a loser, but I don’t think that’s the key.
Jeffries initiating coverage is meaningful because they’re a well-known name, adds cachet.
Both the million and zero dollar question at the same time
Sadly, a thousand positive (or negative) Motley fool, SA, or any other J/O website articles don’t mean shit for this stock.
We need real (and positive) analyst coverage.
Next financials are reported in mid-May, for the quarter ending March 31, correct?
Frankly, that’s not a sound reason to stay in.
I hope these numbers push us up tomorrow.
This excise tax crap is bullshit!
Embarrassed to be asking, but isn’t our $54M Canadian as well?
Why do you guys keep repeating the same thing over and over and over again?
This stock will take a little more patience, more than the others. Bottom line. If you have the patience and means, wait. If you don’t, you know what to do.
Right, it’s the change during the specific quarter.
Those paper losses have already bounced back significantly. They were calculated as of 12/31/18, close to the bottom of the weed sector crash.
I guess it was the green hand of god last time we made it to $12.
PPS is holding up just fine AH. Chill the eff out. No one cares about anyone’s “big plan” to sell first thing tomorrow.
Hm, I still think 600 is high, but they don’t call you billy the dik for nothing. I mean kid!
Cmon, 600 is a little optimistic, no?
Eh, it’s crescendoing a bit actually
Climbing. Do the numbers not come out until 6pm eastern as well?
Beating Canopy would be great for public awareness.
Right, makes sense. I thought company provided an internal estimate and there was some room for fudging. But if estimate came from outside analysts or an independent accountant, then you’re right.
Hope they achieve or beat the low range of 50, at least. If not, I will be disappointed.
Any chance you think they’ll beat the estimate? Or that they intentionally underestimated the estimate for a bigger bang? Ever seen that before?
Wow.