Going Green
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Retail shake and bake there, lol. Unreal. Ok go time
Red alert! Lol!! $TSOI grab the dip
Good news. And no CFGN. Dip and rip imo...
.0002x.0003 this week imo
Sounds promising
Pullback day after historical all-time high volume. I am grabbin’ them down here !!! Form 4s are great too and this baby already has a tight SS. $TSOI
Wow well I knew about his pedigree but that’s fantastic he’s been fuelling this with his own capital... I know he and his bro are big in Biotech.... and he knows markets too. Real nice recipe. Catch you guys tomorrow for freaky Friday. $WUHN
So all the makings of other historic OTC winners like OW*P and GR^N ... except even better with near exclusivity in a space not even close to being tapped into yet. Ok I’m a believer. Let’s go for the dollars.
Hey thanks Gregg! Glad I made it !! :)
Wow even smaller than I thought. Thanks. $WUHN
Wow that gives some perspective ... I also read here that 20mil shares are out of play??????... so this thing is worth just over $4.5million at today’s price and they are one of few companies in the world actually allowed to research this stuff???? Crazy.
Can’t wait for a name change but there’s something kind funky about “Wuhan” — like the word has new meaning now , at least down here in the HUB ... LOL
Wuuuuuuhaaaaan! $WUHN
Beautiful day here !!!
Yeah I didn’t include that part because we’ve all talked about that enough already. But yeah that too. $TGGI
One to one ! On “sustaining” , well we will cross that bridge when we get there. What, this time last year or so this .0001 bid was like nearing 2 billion and the stock traded .0002-.0004 area pretty well on anticipation of the NEWS that we are going to be seeing literally any time NOW.... so IMO the only reason this isn’t right back up trading .0003x.0004 is other hot stocks abound in the OTC right now and sister companies are still getting much more attention than $TGGI .... With a few others I’m looking at I think $TGGI will be one of a cluster that wake up mid-end of the month.... good luck and good day everybody $TGGI
Yeah I hear you. That was one unfortunate thing I realized after putting chips on the table here. Their updates are substantive but they are few and far between. Great because nothing is “fluffy” but yes it would be nice to see better IR at play here IMO.
If indeed we see more from them as these projects develop then this here could be the “bottom of the cup” of a massive “cup and handle” on the chart .... really holding tight here in the .50s so I think it’s gotta be due............
Here’s $WUHN news link Brother Beans : https://finance.yahoo.com/news/wuhan-general-group-strengthens-team-123000943.html
Still here too. I had to calm down a bit there ;)...got so burnt out. Lol. glad to see $EMAN holding up and looking to stretch up again sooner than later !
I hear you there. After some time down here you build quite the collection of these. I have many waiting for the journey. Let’s see. $TGGI
Thanks very much! Have a great one ! $WEED
Hahaha Love it John ... we wear many different hats ! Have a stellar week.
Spot on IMO. Love your pic btw. TGGI
Good morning $TGGI. Matt cleaning up the sister company & stop sign removed (IGPK) .... tick tock TGGI
Yeah I agree with that as a consumer myself. Interesting up here and a KEY difference between the Ontario Cannabis Store (Provincial Retailer) and the Private retailers coming in is that OCS can only post “THC range” on FLOWER / Extract, where other retailers can advertise the EXACT THC and CBD percentages and price appropriately based on that + the strain popularity or whatever, as they are ordering a specific batch themselves. So for example folks looking for HIGH THC percentage will have more incentive to order from their local shop for same-day pickup or delivery. I think this is pretty encouraging. Anyone checking out OCS will see the crazy ranges (like 17% to 27% in some cases), so you really do gamble on the strength of the batch when you make your purchase. Just another reason why more points of sale will DRIVE this market in the coming months/years in my opinion.... The customer likes having a very clear idea of what he or she is paying for. $WEED
I bet they backpeddle and buy a competitor in Canada to boost up flower sales and take on more brands. Let’s see. Gotta earn cash in open markets. I agree. Also I’m a long-time lover of legacy market weed so I hear what you’re say in’ there on genetics & quality.
Good trade bro &GL!!!
Thanks for the picture show as always friend !!! Have a good day !!
I exited ACRG this morning FYI. Yes you’re right that is a big concern because the reality is, in this still nascent market, like 45% of sales are flower. 2.0 products are starting to climb, particularly gummies and chocolates, but Canopy stuck their neck out with the drinks, and are aiming at this kind of “untapped” market of “new” users migrating from alcohol or sofas / those enjoying seltzer water with weed etc....
So YES ACB and Redecan (Private) and probably Aphria are rocking the flower sales. IMO, because Canopy has the war chest through constellation, they COULD buy up other outfits to grab that market share.......... if they were prepared to deal with more overhead... BUT in my eyes they are really really not as concerned with the Canadian flower sales and more about the actual “big picture” branding and rollout in the US. So yeah their revenues are shit because they are not focused on flower... Bruce said a long time ago “there is nothing to buy in Canada,” but I have always questioned that as these valuations have tumbled..... Perhaps they SHOULD just buy an operator in Canada... So yeah their flower sales are pretty shitty and 50% of the market is flower.... and like 30% is gummies which they are not YET involved with but will be through Rivers at least....
Hey likewise — we are at about the same timeframe there too... The only thing we CAN control is the most difficult thing to control!!! Good trade amigo !!!
Strongest historical quarters on the way and unfortunately beverages have had limited exposure because of this virus & few points of sale (limited stores). We’re about the size of California up here too — not a huge market. And the business Canopy has entered through ACRG, BioSteel, and even Storz and Bickel are more stagnant during this strange time. It’s the big bummer Quarter here with the ugly Covid rearing its head. My .02!!! The world needs to catch up with Canopy now and that’s why it’s good on Klein to at least state the focus is on the consumer and they are abandoning the Rifici and Bruce “first-to-market” ambitions as they’ve seen it hurt out in South Africa for example ... That global expansion was a big premature hype story and Canopy and others need to operate in markets they UNDERSTAND.
IMO. GL !!!
Market always overreacts. Still better than a lot of the “shade” I read on this earnings report last night. Let’s see how much fear gets bought up.
Nice profit ! I agree - it was textbook tracking this into earnings and now ... after the reveal ... well, the market will do the talking. Watching for the NowWhat2 slick black lines of life & death !!! ;)
$WEED
Yeah he mentioned $15-$16 I think yesterday. Looks pretty easy. Borys wins the day. Congrats players — I respect you no matter which side of the slope you’re trading !! Rock on !!!
You’re gonna get your price ;) haha
Also as you aptly said before .. much we already know and is priced in etc re: the bad and the ugly .... I think we’re ready for the GOOD. Liking the ACRG and RIV reaction as well.
Yes. Everything I’ve read has been bashing earnings and setting the bar low. Let’s see if we get a nice treat. $WEED
It will definitely be contingent on earnings but ALSO how the main market is trading as that has been a huge magnet for Canopy all along. SPY strong & shining earnings could really drive this. BUT all profit is good profit and I know exactly what you’re saying about chasing and LOSING on earnings... Sucks. Especially in the pennies. But these are the movers and shakers so anything can happen! Either way glad you played and WON ! Good work !!
Good profit brother ! Nice taking advantage on the dip and then strength into earnings. Awesome! Every day presents a new opportunity!
Melt UP - defying physics altogether - I like that!
Always go with your gut. $WEED
Hey thanks for sharing this - I missed this today