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Every time the short is in like this from Citron, it goes down immediately and then spikes back up immediately. That is the trap. This has happened time and time again and EVERY TIME every message board says it didn't work. Watch the slow dribble down over the next couple months. Every single time this has happened in the last couple years with Citron's shorts. Denial is the first stage. Ride this puppy on this short-lived run-up, dump and re-buy in for a lot more shares in Summer.
Hardly. History repeats itself. Short is in, Summer is coming. I give it a 50/50 chance which is not sad, nor a one in a million. The fact that you used one in a million is laughable. It has a very very good chance of hitting 5.50 - 6.50 this Summer. It also has a very good chance of not. One in a million are ridiculous odds. People also laughed at me and said no way when I just said last week it would go under 10 bucks(USD).
Get ready to sell on this temporary run up. The short is in. Re-buy at the bottom(5.50 - 6.50(USD) in Summer. Mark this post.
Either way I think it's going up so i don't see your point. Goodbye.
Yes I disregard that. Heck, they could be the ones who are shorting it. The only way this company is undervalued is if they can pull it off. Hopefully they can. I could care less about their vision, their speculation, their grams. It's all babble to me. Imo Agra has nothing to offer till they get their license. The license is minimum a couple months out it seems. Investors get bored easy. Just my .02
Losing 50% is not consolidating. Call it for what it is.
It was at .11. It was pure gold. Now the run has come and gone and the bottom is not in yet. Smart investor averages in if they can't stomach waiting for the bottom.
The charts predicts the future as well because history likes to repeat itself. This whole undervalued word that gets thrown out there all the time. You have around a 250 "million" market cap for a company with 0 crops, 0 revenue and no license. 250 million dollars for atm, nothing and this is massively undervalued? I think not. If anything I believe we will go back to the .20 - .30(USD) range into Summer and then will rally "before" the tour. I think if anything we are overvalued and the market agrees with the 50% haircut on the share price. Anything and I mean anything is pure speculation until proven results are shown.
I'm going 6.50(USD) area
I know, but we have seen this before and it works what they do and "Everytime" the message boards say the same thing "It doesn't matter", "it will have no effect" And everytime it does eventually. I don't care either way. I am waiting for cheapies and I have a whole entire Summer to do it.
It's just the beginning. Heck it might bounce back up to 13 - 15 bucks or more. But then it will go down imo. This is the first stage(the infancy of this short). I will wait till people are crying bloody murder, up to 10 fake lawsuits and people are calling for the CEO to be replaced. Then I will buy. =) This could potentially turn out to be a life changing dip here for buyers.
I think it's going lower. I'm looking at 5.50 - 6.50(US)
Filled =)
30/70%
Today is a painful day.
Wait till the trolls come out questioning if this is even a legit company with a hint of lawsuits. That's when I buy, lolzor. But in all seriousness anything around .30 - .33(USD) is pretty sweet to me and anything in the .20's I have 40k lurking. If it does the complete opposite of that, then I ride the wave, ready to sell at any second watching the BID/ASK volume.
The problem 99% of investors have is they want to trade stocks actively but have a job at the same time. That doesn't work for me. I need to see the volume for 30+ hours a week in real time to get a flavor of whats going on. Im speaking in general, not to you and babbling cause I smoke daily. Even with all that work I am still wrong 1/3 times I'd say on average.
Most people that have a family and job etc should buy when everything is a fraud, CBD gives you cancer, cannabis makes you kill ederely people, Marijuana is an illusion, reverse incurve camel toe trend in the bond market, war with everyone, terrorists are everywhere, worst month ever in the history. That's when you buy in one of the companies that will be around for 10 - 20 years. We just had that in December around Christmas. The next "made up" global catastrophe is right around the corner.
Be a cool experiment and see if it works. I really appreciate your awesome feedback. You are correct sir. Notice how Agra mocks VFF's chart? I like that.
Nailed the call on the dip again way before it happened again. =) Here is chart I posted in Facebook group for your viewing pleasure. Peace =) Hippie's Nutty Chart
Check out 2/28 - 3/1. This is a gap that has nothing to do with the halt time. 10.76 - 11.02 on the 60 minute. Check it out and tell me what ya think.
Please break through the 12.24 support. Pretty please? Hippie wants some cheap shares. 10.77(USD) anyone?
10.79/12.27(USD) Mono.
We finally gonna fill that gap?
Chart looks so poised to breakout
I disagree to an extent. This could be just a dead cat bounce. We have no substantial going on for months now. I expect and hope to see .33(US) again. If I'm wrong it makes it that much easier so I hope I am.
Sold, broke about even this last round. I think i will be able to buy it cheaper next week. If not, that's good cause I'll just ride the upswing trend. I like to stay in cash these days. Saw a way to get out today Scott free and took it.
I smoke alot while I write stuff =)25 mil 250 mil. Its a 0. I forgot 1 letter. Anyways You were right. ok, now on to important things. We are at 7.3 mil volume today on the CSE which is way up from the past 9 trading days. People are buying and buying alot. The panicky people are the sellers. We should have a good bump up soon with some stronger share holders soon. Also the 60 minute RSi is at something ridiculous like 19.12 which is lowest by far in the past 3 months. Time to make some money.
Missed a zero, you're right. Fraudulent slip.
You didnt read what I wrote. I said "Ok so lets lowball this and say only......" I was trying to emphasize a point that even lowballing numbers dreadfully, it still came up with a market cap that is indeed more than it is today.
How do we look at this Scout? Welp, lets look at some numbers. So 450 mil shares times .36 put us at 162 million USD for a Market Cap at the present time.
Ok lets divide that 162 mil by 10 for 16.2 mil. So do we do think that AgraFlora will have more than 16 mil in sales per year? Seems likely if we take just 50% of their expected capacity(25mil grams)
Ok so lets lowball this and say only 12.5mil grams annually at a terrible 2 dollar per gram. That's still 25mil in gross sales. That right there still warrants a 200 - 300 mil market cap minimum with 50% production and 2 dollar grams. It's a bet I'm willing to take. If they execute at a paltry 50% across the board we still would warrant a 50% increase from today down the road market cap wise barring any terrible news nationally or internally.
Sell volume is at 6.3 million on CSE. Highest I ever seen on either buy or sell end. that tells me good time to buy. I'm all in now. Average .408.
Bought some PUFXF. Great price, great entry point. Will average down if need be.
Extremely Normal Looking Chart
Looks fine to me. Bought in at .46, .42, .39 so far. If it consolidates that's good. If it goes up, dat's good. If it continues to drop I'll just sell and buy more shares. If I screw-up, it's fine because I believe it is going up 100% soon which absolves any of my stupidity. Sell volume was at 5.6 million today at times. When buy volume was at 5.4 million when it hit .60+ it dipped off the highs. RSI(14)is at 45.19 and has not been this low since December 11th. One might concur that it could be a good time to buy some or at least observe what is going on =)
Well they should be. It would tell them it was an extremely risky venture given that it went up so much beforehand. It also would soothe them because it is right at the support line after. Either way it is never a bad idea to be scoping them charts up.
You keep saying the chart looks ugly. I seriously don't know what chart you're looking at. It went up 500% in a couple of months. If anyone bought high, that's on them? Anyways, have a good day.
What chart are you reading? Looks perfectly healthy. Went from .10 to .65. That's .55. Fifty % of that is say 27. 10 + 27 = .37(USD) SP at a 50% Fibo Retrace from Christmas. Extremely normal. You will be kicking yourself for not buying in the .30's. Also it should of been down 4% yesterday so that compounded with a 9% down day. Double whammy for peeps on the US side.
You think a company that has a 250k gram capacity is not worth more than a 100 million cap? Especially in these days where they throw out 300 mil cps for phantom businesses. This is Business as usual. Buy when it is cheap. I sure as heck am not selling a single share for under a dollar Canadian. End of year should be interesting. Watch the volume.
Please God let this go back to 12.00(USD)=)
ATT4life was the only one back in early 2018 that told everyone that sucker was going back to whatever it was, .50 - .60, or .82, I forget what the number was, when it was still in the 2 dollar range. love him, hate him, he called it, and way way way before it happened. In fact if I listened to att4life's prediction, I would be close to a millionaire. It is what it is. I truly wish the best for you all. Will be back when it starts running.
Why hold the bag the whole way down? Ohh im too far in to get out now. That's ludicrous. Why not get out at .70, .80, .90?? You would have 30 - 100% more shares for free. You dont just make money when things go up. Have to know how to make money when they go down. This whole "pumping, holding the stock and praying" is not good investing. Then when anyone contradicts, they are the one with the problem. I'm hoping Namaste prevails. They are one of the funnest stocks around when they get going. Stop marrying such volatile things. It's like marrying the bartender at the nightclub. It probably will come to a bad end sooner or later. You just wanna date them, have fun and then marry the librarian who will be around for 30 years.