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No doubt. "The Company is also pleased to announce that, following the name change, the Company will have completed a subdivision (the "Stock Split") of its issued and outstanding common shares on the basis of five (5) new common shares for every one (1) common share held by the shareholders of record (the "Registered Holders") as at November 19, 2018 (the "Record Date"). Consequently, Registered Holders as of the Record Date will receive five additional common shares for each common share held. In accordance with the Company's Articles, shareholder approval was not required for the Stock Split."
5 for 1 forward split
Oh yea, let the flood gates open. Bought a ton at .12 and .20. How do more people NOT know about this company?
old earnings date. They probably didn't update that they moved it up a month.
NXTTF Stockhouse is gone also.
Either way, "This Is" a diamond in the rough. You could go throw all the nonsense of trying to trade it to maximize gains or just sit back, forget it and do awfully well. The float here is intoxicating these days with massively diluted companies. Good luck to you.
I'm speaking in generalities which of course has exceptions like anything else in life.
As I said before the opening bell yesterday, the short might be in. People will take profits.....always. There is no loyalty. Good buying opportunity incoming imo over the next week or so. Nothing goes straight up. Hoping for some 7.83's.... Hey, one can hope.
Nah, it's witchcraft. Witchcraft I say. =) But in all seriousness a nice flip is starting to pan out one might say.
Anyone that says charts are useless I can't help. What's there to even talk about. Without charts you are trading blindfolded walking through a mine field. Charts are your mine detectors. Do they work? Sometimes yes, sometimes no, but that is a heck of alot better then knowing nothing at all. With that being said. looking at .68 and .75 levels.
Interesting week. Has the short begun or are we waiting for 20.00 - 30.00. That is the question.
I wouldn't say very hard if you read charts extensively.
Wait for the bottom.
Nah, he was just one of the smart ones who sold at 3.00
Even though the share price is being kicked down the chart still shows an uptrend(ascending triangle) to the 1.00 - 1.15 range coming soon.
At the rate they are going through their money they will need another finance deal this year. They had 90 mil. In a video months ago Sean flat out said they had between 30 - 40 mil. That means, minimum he said they had burned through 50 million. Why am I even explaining this? You guys should all know this, yet for some reason it's like I'm defending something that I thought was public knowledge.Look at their increase % wise on their share count past couple years. This is nothing new.
It is not useless chatter. It was said by Namaste and others during interviews or podcasts. What do you not get?
I remember one interview where he said "Yea we have 30 or 40 mil in bank." That is nuts and unacceptable. This could 3 dollars tomorrow or ten cents and neither would surprise me. Feels like every trading day we get a roulette spin.
They are basing that off of having 90 mil in cash, to 3- 40 mil in cash, to a large cash position. So many delusional and uninformed people here.
They are not guesses. Every 420 Sean announced or asked how much money Namaste had, he would start by saying he didn't know and then throw out a different number every time. Then when others were asked same thing. Different from Seans or 10 mil ballpark. Now they say we have a large cash position. Fing hilarious. I watched every piece of media on Namaste in real time from October 2017 till now. They NEVER knew how much they had. Was comical when they talked about it. Heck, sometimes in an interview the interviewer would say how much money they had and they would smile and nod. Too funny. I know how much money I have.
One more bad news release and that happens. We have no support below. I wonder if some had the balls to play that gap at .10
"18.3 mil up until Aug" Those are the past 12 months. That will be the numbers for the whole year for 2018 too.....about.
This is the craziest roller coaster ride I have been on since the late 90's with internet stocks and then 9/11.
They are going to show less than 20 mil in sales for 2018 and will probably show them blowing through 50 million out of their last two finance deals building out. How will people react? No clue. I'm always skeptical if someone doesn't know "exactly" how much money they have at all times. I know how much money I have. Do you?
Textbook Symmetrical Triangle formed on my chart. Looks like a pop upwards incoming withing 3 weeks. Probably sooner.
This could be the start of another short for the sector. Canopy and Aurora's lackluster quarters. I can't imagine it not having any effect. Hit piece by Alpha today to throw some gas on the fire like usual. https://seekingalpha.com/amp/article/4242858-canopy-growth-sacrificing-margins-future-growth?__twitter_impression=true
The article relates to Namaste. It shows just how important the medical side is, high margins, the exporting and importing part and patients. Canopy lost patients this quarter. Did we snag a lot of them? Pretty nutty. Every company seems suspect in some sort of way. Crazy times.
Just a mere oversight =)
Could be worse. Could be Canopy forgetting about 85 million. Haha, too funny.
Have an ascending triangle formed on the Namaste chart. Very bullish.....for now. Ascending Triangle
Welp, that was fun while it lasted. Off to greener pastures.
1.02 - 1.15 target area. That's "if" it gets some legs.
Up 6.46% on German Market. We shall see what today brings.
Exactly what I'm banking on.
Where is that like button?
A thing of beauty watching the price skim just below the top of the bb bands today without crossing too hard.
They so needed it. They were dying this slow painful death of drama. Good to see that PR today. Shorts have no ammo left with a half decent financial. Great volume this morning tells alot. We know what happens when Namaste has decent volume......
I know. We call people who speak truth, losers these days. Sorry you can't handle facts. With that being said I see 1.02(US) in our future as I have said before. If it blows through that we might have something.
It's not a pump, nor a bash. It's called facts and truths. If you can't handle it, too bad. There is good and bad and I will point both of them out without bias.
Because Sean is massively valuable. Sean got some deals done that seemed impossible. Sean is a MASSIVE asset to Namaste. We get him on board to get deals while he doesnt screw things up by opening his mouth. Best of both worlds and perfect if you ask me. I'm just glad they did the PR so close to bell. Gave me time to get back in with ease.