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Also greenwillow, check out the 250 day exponential moving average on a 2 year chart. It tells a lovely story.
Three partnerships just this week. Once Canmart's website is as full/complete as their vape websites we could be looking at a nickle and dime monster. Reviews: 9.5/10 2,277 Reviews. This is a look into the future of what Canmart will be.
https://www.namastevaporizers.com/
https://www.trustpilot.com/review/namastevapes.co.uk
Finally, we are in November. Expecting a nice move over the course of these next two months. Will be watching closely. I still believe we will test all time highs between now and end of year.
Far more than 2 - 3 days unless you are talking about 50% days.
One of the many reasons why I picked Namaste is they already had revenue and it was only going to increase obviously after legalization and licenses be granted. Increased revenue = increased share price. Wait till a US politician starts dropping the bomb about legalizing medical marijuana in the USA. We are in for a very large run-up. I'm guessing before end of year. Then a vindictive correction right around end year taxes that will make many shiver who don't know. I got my popcorn and shares.
I'm waiting to see. Would love some 1.00's. That will bring them all out of the woodwork here. Exciting times. Chart screams massive run soon within end of year.
So looking at the chart from last year we see that "Exactly" one year ago today we dipped below the 250 moving average. We just dipped below the 250 a couple of days ago for the first time since October 2017. Also that was start of the run from .16 to 3.47 a year ago. It is so blatantly obvious what is going on here. It's Christmas early.
So? This is exactly what happened last bought deal in Spring. Same exact thing. Accumulate.
Wow, we are in store for a huge run-up when this is all done. Right in time for the holday season. Coincidence? I think not. What gifts across the whole entire board. Gonna buy some Namaste and more Aurora too soon.
Gotta think he is going to be on to his next victim? Aurora looks like an easy target atm to slam.
What makes me comfortable is our current market cap pretty much reflects our current earnings which "Most" of the MJ companies cannot say. So many companies are grossly overvalued from their sales. Mathematically are market cap makes sense. Simple math comforts me. Tells me we only have one direction to go over the next 12 months.
I'm not sure about that. I'm really not. I think he maybe the type that likes to hear himself talk and thinks he's all that. He is more harmful than anything and I feel bad for any new investor who bases a decision off of his babble which I'm sure has happened already. People actually believe what he says as fact and constantly post his videos in Facebook.
I guess anything to get out of having to do your own reading and make your own decisions. Majority of people need reassurance these days. Not me. i grew up in 1971 in Brooklyn NYC so I am as aggressive and confident as they come. I know what I own. I know you do too. You are one of my favorite posters here.
All in brother. I even took cash advances on 0% credit cards back at .80 - 1.00. Have some at .31/.50 from last year and a ton other scattered all the way up to 2.28. I used all my rental properties securities and savings. All in brother, that's how I roll. Already have done very well in past 12 months so if this thing got halted and started the day at .0001 I would still be up a hair and have a couple properties free and clear so I wouldn't be homeless.
I hate that guy with a passion. His videos make me go nuts.
Can also take Cannabis on a plane now if staying in Canada.
Do you think they are going to use Canmart itself also as the dispensary? I have seen pictures of Canmart. It seems small for that or no? If not and they have building which they already have costs on then sure. It does sound like a no brainer if that's the case.
Brick and mortar costs lots of money and continues to cost a lot of money to maintain daily. At least that's what Sean said 20 times this year on 420. That time and resources could be focused on online retail which is more lightweight and has better margins.
Idk, maybe it will be genius. Maybe it will make Sean's crazy predictions for 100 - 200 mil run rates within 1 - 2 years ring true which I thought was nuts. I did laugh at him when he said 50k patients(signups) by end of 2018 a ways back and that is coming to fruition.
Seems we are the jack of all trades. Not sure if I prefer that or be the master of one. Time will tell. if anything the company is undervalued. Stock price will go up. "You can take that to the bank"....haha. Sorry, rambling.
I just got an email back from Hannah Potter. She said Canmart has started to ship orders.
Email Response From Namaste about Canmart Sales:
Hi David, this is Hannah from Namaste's Investor Relations department.
Canmart has started to ship orders, in future we will be adding more products like vaporizers, accessories and additional strains. We will notify patients when this happens, we appreciate your patience.
Thank you for your continued support, If you have any questions that I'm able to answer I'd be happy to help.
Best Regards
Hannah
Only time will tell. We shall see.
Are there buildings we plan on buying that are an easy transition to open business? Do we have to build the dispensaries from the ground up? The PR is very vague and leaves a ton of questions for me. Imo, this should of started back in Spring when we got the last finance deal if we wanted to go the recreational route as well.
Wouldn't this be late to the party if now we just start building dispensaries? If medical was going so well and was the golden goose then why would are they bothering now transferring their focus? This PR leaves more questions for me than answers.
You're going to decide "now"... hey let's do rec "for real now" after it's legal and we had all year to prepare for it and be ready, not just starting it. Didn't Sean say 100 times we are not brick and mortar and point out the 20 reasons why that was a good thing? We had the financing to do it in Spring. This PR confuses me. Did they realize medical itself is not going to cut it so they feel like they need to do brick and mortar also.
This goes against everything Sean said all year. So confusing. Could be great and a game changer or..thoughts? I'm not sure if I love this or hate this yet. The Dispensary sales we knew would be like this. This is no surprise to anyone that the initial sales are massive and will continue to be very good. Why the change of heart now after we had all year to set this up?
RSI(14) at 47.04. Pleny of room to run a bit. The recent big run started with the RSI being at 47. Coincidence? The 10 month cup and handle that others have pointed as well look out of a textbook. A run to 90+ RSI would be lovely. I have been saying since Summer that we will retest the 52 week high before end of year. Chart says it's go time. Where's Monolith? Usually see him pop in when the chart says it's gonna run.
Sean From Cuba
Always have the patient count in their back pocket too. They have some ammunition to play this thing back to 3.00(USD). Also have a stronger base with this last dip. Have to figure that most who bought during this last dip know what's up. Strongest 1.65(USD( base in it's history imo. A base of 65% higher than 2 or so months ago. Awesome short term gains and we haven't gotten started yet.
My crystal ball says green tomorrow. Maybe another PR tomorrow?
All in time young Jedi. All good things to those who wait. I got time.
I really liked today's 420. Very professional, short and just the facts. Kenneth is ridiculously important for Namaste. Between him and PWC we seem to have it all covered. I am stoked for the rest of this year. I was able to add couple k here and there on these dips and the dog days of Summer with 150k volume daily.
That's their finance guy(and a fantastic new addition a couple months back) that did the 420 today. Not a better person to talk about their financing deal then their numbers guy imo. Kenneth already is a Rockstar for Namaste. All are filings are "ahead" of schedule now because of him which is an excellent comfort, knowing what you are invested in. I don't need someone to come on and tell me everything is ok. I already know these answers.
We killed him with kindness. A lot of hippies in this room =)
Patient count is probably 25 - 30k by now. People are sleeping on the UK. Canada is a dot on the map compared to the UK revenue wise. We also have good market share already there. Canada is Namaste's 8th largest market they were saying. Why such a hard short, during quiet time, lawsuits on Thanksgiving weekend. The harder the short, stronger the base, higher run imo. Lol, who sues someone on the Sunday before Thanksgiving?? Holy crikey that was hilarious and kind of gangster. Peace
UK expansion is one of my guesses. They will need product in 2 different continents =)
Thanks Scout. I'm out of the clink now so I can respond =) Hope all is well and you are stocked up with shares for a crazy end of year.
You know it =) Heck, no one has even mentioned how Cannabis is going to replace VITAMINS as we know it. Elderly/Veterans/Pets. It is so much bigger than alcohol. It's going to change governments as we know it. We have been here through a year of hell and back with the stock price and never veered off the road. We even converted Potter back in Spring over from the Dark Side. Should be a fun couple run-ups and dips before the end of year.
looking like it might run some more. VALX disappeared and CDEL just has fake asks. Might run more.
Yea, some real nonsense I posted.
yup =)
Ask is mad thin. Expecting a run
You have come to that conclusion in one day of having an account here?
A lot of hopes and needs going on. Seems we picked up a lot of new longs here this past run............not, haha. Tomorrow, Friday and Monday should be interesting
Put down the bottle, it's late =)