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Haven't seen a green volume day of this magnitude on US side since 10/15/18(2.17USD close). That happened to be the last day of the end of the September run before it was gone for sure and bled till .55. Funny how it's the same exact volume now, like a bookend for the beginning of the run today. I don't believe in coincidences.
It's got a gap to fill at 1.02. I will be waiting. Would be righteous if it blew past it and didn't dump after. Good timing on the PR. Enough time for the stock to jump, then a whole weekend for people to digest it. Meni is a smart guy. Very calculated the timing on this PR.
On the US side CDEL just put 110k on the BID. I follow these MM's daily for the past 15 months. When CDEL does that it pretty much is a lock that it will go 25% in their favor. Now CSTI did the same at 77k. I see their patterns and they're usually correct. Just passing on these things I see.
My mother says I'm special =)
I informed you all when I was buying and when at .68/,69, then you call me names? Too each their own. Sorry you missed out. See ya at the gap fillage around a dollar.
And this is why we read our chart studies
It also has a gap to fill around 1.01. That what I'm banking on. I can deal with a .69 starter cost basis. Bought 20k shares now to start and see what the deal is.
Bought 10k shares to dip my toes and feel the water at .69
Daily RSI is 32.06. Very soon. Watching it like a hawk. Could be right now. Jailbreak incoming? Just hit .69
Exactly. Tread carefully. Their MJ sales could be dreadful. Why wouldn't they at least just release December numbers? That baffles me.
Being down 80% from 3.47 which was just the 52 week high is no bueno. Almost all the good Canadian MJ stocks have hovered around their former all time highs or have come close to it in this last run. Namaste is 80% away from their high. You cannot dispute the math, something is very wrong which is reflecting in the SP.
I'm not as gung-ho to jump in these days as I once was buying at every dip. I am waiting for the pool to get really, really stinky first. We're still in the anger phase imo.
First stage is denial. You have been riding that denial from .92 to .72.
No, one has to be stupid to hold this through a second round of lawsuits.
Exactly my point. he has no clue. Heck I know I heard 50 the other week from some interview.
Not really recommended to buy a company that has pending lawsuits. Would imagine that would bring down the offer a bit. Kind of like buying a foreclosure home with a lien on it.
I tend to think they burned through almost all their cash already. They never do say exactly how much cash they have and everytime throw out a different number. Wouldn't be surprised to see another finance deal in 2019.
Oh no, even you turned. We are doomed now. Doomed......
The short has officially begun. Thank you Sean.
Nothing was resolved whatsoever in this interview. That buying opportunity is becoming more of a reality everyday now.
Well, that interview didn't turn out too well. Would it kill him to dress up and maybe come prepared?
Why be largely invested in a company going through lawsuits....again. Sounds like unnecessary risk. I'll have some skin in the game but nowhere near what I always had in % wise. Broke my heart Alfredo.
Could care less which direction it goes. If it starts running I will jump in. If it dips I will jump in.
Thank you, thank you. Made my money off of POTN this morning. Greener pastures than a company going through yet another lawsuit.
Same here. I'll bury the hatchet =). I made decent money over the past 15 months. I should of made a ton more but I am a lot wiser now and richer. I cannot wait to see how this plays out. Best part is I have no skin in the game atm so there is no stress. If it rockets up I'll jump on board. If it goes down, I will time a bottom charting it. I am very excited for the next 2 months. I do hope they get their house in order. I like Meni. He is one smart, smart dude.
Been researching AgraFlora for the past couple days in my off time. Thoughts/Concerns? Might do an entry if they go down to fill gap at around .20.
Could be one of my favorite sentences from the past year here "I don't see this as particularly Orwellian, though I do believe that society as a whole stands on the precipice." Righteous =)
I think people are way too soft these days as a whole. IF you ain't cheating you ain't trying hard enough. I like my CEO to do whatever it takes to get a deal done even if others think it could be a little shady. It's the NYC in me. Sean is Namaste imo. It's sad. I thought we would all be in this for the long road and see a company develop with a inexperienced madman at the helm. I wanted to see how far Sean could bring this company.
I am very sad to see what has happened and I think when it is all said and done it will show Sean didn't really do anything at all bad. It's just very sad all around for me and I will never see what could of been. I don't believe he is a cheater. I believe he is being railroaded because of his inexperience in some facets of business and his big mouth. I am loyal. I do not flip flop because an article says he did something.
Sean's my guy and I like his style and everything he has done. The disrespect of every board calling him every name in the book is appalling on what loyalty people have these days. These people base their decisions off of what they read. Bunch of brainless sheep if you ask me that believe anything they read and move on like nothing happened. Scary society we live in where the media has that sort of power. 1984 anyone?
Same here. I thought this would be like Aphria dropping like crazy. All I remember is when Left dropped his short bomb on us back last year all I heard was the same thing. Everything would be ok, it's no big deals, the business is there, we are fine, etc. Look what happened to the SP then. I am banking on a dip. If it doesn't come I will wait till there is another fake news recession to buy in somewhere. Market looks like it could be down today so we might get a good look of exactly where we are today.
True, very true. The legwork, structure and business is all built. But will it grow under new management and will any partners back out that want nothing to do with a company in lawsuits. All answers we will see shortly.
Are you saying that no one swing trades a stock unless they fully believe in a company? I mostly trade based off of charting and speculation. With news like this I believe we could test 52 week lows. It's a logical assumption and granted, an assumption at best. Thank you for the congrats. I should of dumped at 100% in the 1.20's but greed gets all of us.
What I do believe in, is this company will be bought out or will partner up. Heck, they even said in the release they are seeking a bank to do the deal. This will cause a big spike up in the SP one would think. The spike might happen before the news hits like it does most times. Do I believe in the company? It's almost like a girlfriend. Once they cheat on you and you find out, you treat them like the cheater she is and things trust wise are never the same even though you might still have sex here and there.
Because he is the reason this company exists to begin with like it or not.
I don't know. Everyone seems to be like "adios Sean". Sean is the only reason why we are where we are and why we have any deals to begin with. I think a lot of people are being delusional atm or don't know that Sean is Namaste and there is no Namaste without Sean. The only reason Namaste exists is because of deals made and Sean was the one and the only one making the deals. A couple of short articles and this tanks.
I got in on the .60's boat. hence my 40% gains selling yesterday. Although the .50's sound a lot tastier =)
We only know what we have been told. There could be a lot more to this. I invested in Sean. He was the one who solely got these deals done and why Namaste is where it is today. I don't see this as a positive at all and I think a lot of people are fooling themselves. I hope I am incorrect since I have grown fond of many here over the past 15 months. I am waiting for the bottom to swing trade this.
I see .55 - .60 incoming minimum. I don't see this being positive at all short term. Heck, we probably only know half the story. This could be a frefall at anytime if a shorter adds fuel to the fire or more corruption is exposed. Where there is some corruption, there usually is more. Will there be money to be made? A ton I reckon if one play its cards right. Must watch TV watching Sean VS Namaste develop.
Holy Moly, where is my popcorn. This is daytime Emmy TV here. It's going to be massively entertaining to see how this all progresses. I bet along the way we will see some massive spikes. Potter you ready for some swing trading? I reckon there might be some easy money to be made soon.