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You have a company that said it wanted nothing to do with brick and mortar now saying they are doing brick and mortar. What is there to discuss about that? That was the moment I was done being long for this stock until they prove their cafe model without burning through cash. I will happily swing trade this from now on because I see definite short term potential. They changed their position which in turn changed mine.
Just about everything you read or see is all one big lie. From the food you were told that was healthy, to the supposed medicine prescribed to you, to our health care system, to the political voting process, taxes, marriage, weddings, diamonds, fabricated racism, fabricated wars and terrorist groups, war for profit, favors for the rich, bought and paid for politics, the war on drugs, prisons for profit, property taxes, insurances, vegetables and fruits that are toxic for you, the whole nutritional table being backwards, dairy is also toxic, worthless vitamins, corporate chain stores giving us all cancer, clothes, fuel, plastics, building materials, space, Nasa, military, meat, poultry, paper goods, the news, movies, video games, t.v shows, the stock market. That's just a a couple of items that are one big lie. Everything you see or touch(that isn't an other human being) is all one big lie. The sooner you realize you're in the Truman Show the better an investor you will become.
Here is another one. The weekly volume chart. You can see a small reversal happening volume wise for the past 3 weeks now. Weekly Volume Reversal
October 1.7 mil
November 2.6 mil
December 4 mil
8.3 mil in the last three months of 2018 tentatively. That will move the SP. Will they keep it up? Probably not as their history shows their sales start to taper off going into the new year but it makes a perfect swing trade opportunity starting right now(barring a recession type event).
my go to on Moving Average is the 250 day Scout. It really paints a pretty picture. Let me pull up a picture of it on my chart. Look how the 250 MA hits the lows absolutely perfect..............except for the present time. What does that tell me. We are undervalued atm by about 50% minimum. 250 MA/White Line
Namaste is testing it's .82 - .88 lows from earlier this year. About as typical as typical gets when it comes to reading the chart. I like typical. It's reassuring. The fact that they held the line and are up 15% from those levels is an excellent indicator for things to come. Higher lows being formed. Are lows forever used to be around .16 cents. Now they are .85 - 1.00. Our lows are up 500% in the past 1.5 years. Good stuff.
There are a ton of things going on also like talks on recession, inverted bond curves, Dow losing all of 2018 gains, important S&P resistances, the impact of the Aphria short, The big Cronos deal, Aurora and Coca Cola speculation, end of year potential run-up, etc, etc. Instead everyday all day half the chatter is combating kids who are trolling.
Why aren't we talking about technical analysis(close to 52 week lows), the Farm Bill moving forward(signed this week), Israel getting into the game and the fact that buds2go(you know that small little website that gets 311k views a week) is now live?
Chart tells me it's go time. Chart
Volume just picked up big time and doubled in the past 10 minutes on US side.
The Trillion Dollar Commodity that "No One" is talking about.
Estimated visits per day:
10,348 visits / day
Estimated visits per month:
310,440 visits / month
Estimated visits per year:
3,725,280 visits / year
Estimated pageviews per day:
51,640 pageviews / day
Estimated pageviews per month:
1,549,200 pageviews / month
Estimated pageviews per year:
18,590,400 pageviews / year
Yup..................=)
https://www.worthofweb.com/website-value/Buds2go.ca/
Everyone here is a like a cranky old Italian lady making tomato paste outside in the Summer heat.
On the US side the ASK just was at 190k. Maybe something is up(Farm Bill?). The ASK is rarely that much. Granted all those shares are absolutely fictitious and fraudulent to begin with because they are never meant to sell but some food for thought.
Here we are finally. Two weeks out from Christmas. I'm ready to make some money.
They keep harping on that 1% but it's not 1%. We lost over 600kish if I remember right from 2017 sales in US 2018 because we pulled out of there. If you factor in the lost sales because of no USA now we had good gains, not just 1%.
Who cares about that? There will be 100 more that do the same.
No one commenting about the Israel news?
Well what happened there is Kory wanted to have no part agreeing that weed will be allowed in cafes. He didn't even want to throw it out there even though it will probably happen. Was kind of funny. He was like wooh wooh wooh, we are not saying, lol. Seems they all have had a talk like don't saying anything unless it is done already. It's good, they learned their lesson about speculating about things. When it all comes down to it, the only thing that matters is, is this company worth more than the 382,140,865.13CAD, 286,608,332(USD). I believe it is and by a decent margin. Their online tech right now is worth a couple billion easily by itself.
On a Sunday nevertheless. Who needs Left when you have John.
Lol, you post that trash again and play it off as if you're being inquisitive. Good job man.
The issue is basing revenue off of things we cannot do today. Brick and mortar will exponentially bring our losses to a uneccesarily dangerous level. Sean also agreed with this exact point on easily 20 different occasions over the past 14 months on videos. Now all of a sudden it is a good idea. I don't like a CEO that goes back on his word. Mark my words. Running a restaurant is massively expensive. I do love the Heal brand of new foods. That idea could be brilliant. Even has a very catchy name. I can see that being in Supermarkets.
https://www.jpost.com/Israel-News/Israel-likely-to-allow-medical-cannabis-exports-by-year-end-senior-MP-573758?fbclid=IwAR061kb10nCO4MBZWMJy5vRBW6bcemuefudRwZ-nDMAqqPXOCskUNxpvtyw
https://globenewswire.com/news-release/2017/12/27/1274942/0/en/Namaste-Announces-Wholesale-Supply-LOI-With-Israel-Based-BRLEV.html
https://www.newswire.ca/news-releases/namaste-announces-domestic-consulting-agreement-with-cannbit-ltd-to-expand-israeli-operations-and-add-new-sales-channels-687430151.html
Yea, selling only coffee. Yea, that's a real money maker.
They can't sell weed or alcohol so it's a money pit for the time being.
Crapping on the hand that fed you. Pretty classy character trait.
Well if anything this will be advertising probably right in downtown to promote the Namaste brands. Sounds like a small money pit but what do I know. I do like the Heal brand concept especially with edibles going to be legal soon. If the brand takes off and people can only get it from Namaste it could get interesting.
New Video =)
On a very positive note they now have the 21 main items on the buds2go website(about time). It's a start, although a very slow one. Opening cafes instead of dialing in your website perfectly. Anyhow... https://shop.buds2go.ca/
Also emailed them asking why this page still exists or are we just going to have 91 strains of weed that no one can buy on our webpage. https://www.buds2go.ca/product-category/flowers/
All these fools selling right at the bottom.
CAD or USD?
Wow, my first time ever being the low of the day. i got in at .938. that's pretty cool. I have the low...for a minute probably.
Same. Today might be the last day to pickup low prices. Will be buying another k or 2 around bell time.
23 Aug 2018 https://www.proactiveinvestors.com/companies/news/203504/namaste-signs-deal-with-canvas-medtech-on-cannabis-revenue-sharing-203504.html
Today https://potstocknews.com/press-release/cannvas-announces-partnership-with-pancreatic-cancer-canada/?fbclid=IwAR2PWXS7fLSdrDFg7SGOloXyhA5Fiqi8NRU89efHrvV4K7HXaDEpOnPqwIQ
Correctomundo Sir.
That's exactly what they want you to think. It's all a fear game.
Have the same short selling going on with the Nasdaq. Price doesn't matter. Only thing that matters is % gains. Sector is just finding its bearings till all the weak hands are shook. Many lamb will be slaughtered along the way. This exact thing that is going on right now we already had happen in May and in Summer. It's just another cycle.
Looking at the chart today it looks like we may have finally hit an Exhaustion Gap. Timeline/studies wise it all makes sense. Any thoughts?
Everything is manipulation. From the price, to the news. Once you learn the game you will use it to your advantage to buy at low prices like now and sell when everyone is saying it is going to 10.00. You can apply this to your real life where if you look around you, you will find pretty much everything you see or hear is all one big fabricated lie down to your coffee table, socks you wear and the air you breathe. It's all a Truman Show ladies and gentlemen and we all are in it.