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VALX is Namaste's kryptonite.
We all talked about this "exact thing" back in the Summer. What has transpired the past couple of weeks doesn't surprise many of us. We all knew the flood of fake news would come before legalization. it was/is typical and expected. In fact if anything this is great publicity imo.
We have more people spouting negativity here these days than the Facebook group. That's a first. I have my popcorn................and my shares =0 Namaste Long and Prosper
You also forget the 1.5 million people who are so called customers are in on this hoax =)
Where is the like button?
Could not agree more with everything you said
Many reasons. Bad article right before legalization and sector run as a whole was so predictable to squeeze any cheap shares out. So predictable how corrupt things are. Makes me laugh because fraud is blatant and just a normal thing. It reminds me of cocaine in the 80's doing it right out in public because it was so rampant, it was acceptable.
Throw in Fridays have been very good lately with small ups. Then Canada being closed on Monday which is usually a very good day for us on the US side price wise. Throw in that they are extremely undervalued market cap wise and within a month we will see our first batch of cannabis sales on actual financials. Seems like a WIN WIN in my eyes.
Sean is doing some real dumb things though. First promising our license back in Spring and saying it almost every week for 5 months. The ridiculous party and Now his whole Nasdaq rant all the time. Just let it get there organically and over the next year. He keeps making promises he doesn't have to. Say it once, make it very clear and move on. Also stop comparing us to everything. Just do your business and report that and that only.
I would like to see him just talk about the company, not other companies. Also get the host Mark back on. The shows were 1k% better with good questions and had a very good flow to it. Now the videos are a whining session or a pep rally. With that being said I see 2 dollars on Monday(US) and 3 dollars around rec launch(even though that does nothing for them(but it wall cause so many investors have no clue) cause they are medicinal). My .02
We always run-up nicely when Canada takes a day off from screwing up everything. Expect over 2 dollars(US) on Monday. Chooo - Chooo, the train is at the platform..................
Expect a nice run-up tomorrow and Monday. This is like a last ditch effort to get cheap shares with pathetic slander. We have tomorrow being Friday and then Monday is closed with Canada for their Turkey Day. I expect 3(US) dollars by end of next week. Rodger man you had a one dollar average and you're going to miss the run?? Good luck to all. I believe today will be the last day before the next run-up.
I'm not worried about the Canmart website. If you look at their other websites they are gorgeous so I'm assuming Canmart will be the same or better. I have a 3.00 - 3.50(USD) share price prediction before end of year. 10 dollars this time next year. I can wait.
Also , check this out. I'm messing around looking at charts. On the Fibonacci Retracement of our last dip guess what number pops up on the 1.28%? 3.49... Coincidence? Our old high basically from December 27th. Food for thought.
Chart
On a collision course around 25k registered users from what I see.
You sold right at the bottom. Stop watching this everyday. Makes for bad decisions. See you at 3.19
You weren't dreaming. The .886% Fibonacci on my 1 month chart was right at 1.28. 1.29 was a dream entry but it was very possible.
I'm up 55% just in the past 2 months. I don't see what all the fear is coming from.
This is the time to buy, not the time to worry.
Monthly cup and handle forming? =)
Day to day doesn't matter for me. Earnings and expansion does and Namaste has them both covered to a tee. The more this stock gets manipulated the more excited I get. This same manipulation ran it up 200% in the past 2 months. The bigger picture looks so bright with Namaste.
Tomorrow is October 1 =) We made it all. Patience will be rewarded.
Here is a chart of what I am looking at. I don't get all the panic lately. We basically have gone from 1 dollar to the 2 dollar range in 1.5 months with the RSI Daily staying the same around 46. Imo this is very bullish and we are primed for another run within a week.
Daily Chart
None of this will matter by the end of the year. Too many people living and dying on a daily basis leads to losing money. None of the fundamentals have changed. In fact they are at an all time high. Why do people buy a stock when it goes up 200% in less than two months? Can someone explain that one to me?
I'm buying more today. Chart is telling me it's a good time.
Looks like a great buying opportunity. There is word that the 420 will be earlier today. The scenario I am thinking is a stock halt, 4:20 early and probably news of Canmart be open for business. Then add in 80 mil+ in bank to buy cannabis supplies. Great buying opportunity if you ask me. Hence the big dip.
Start that quarterly audit now. Seems three dollars will be our new bottom so why not? That's the only piece of the puzzle remaining to get listed on the Nasdaq. At this pace we possible could be on the Nasdaq by legalization time. Using 0% borrowed money to invest at .90 - 1.05 looks pretty smart now. Manbun getting it done.
Isn't it incredible how the Golden Cross on the 50/200 is exactly when we get our license? How is that even mathematically possible to time it as such? I'm maxed in profits already this year where I can't take any more profit without paying heavy tax on the gains. I'm out of losses to counter this debauchery. Back to holding long for this guy.
The 3 Forbes articles in the past week totaled 36,000 views. Nice advertising. Lots of new eyes on Namaste.
Did you catch when Sean said it could be a week, could be a month for the license on Sunday's podcast? Makes me think we will have a wait still on our hands. Then throw in them hiring that license expert and I'm doubtful it will be this week because why hire him unless there was some issue or hiccup?
I'm thinking something must of happened. Who knows though? Maybe Health Canada didn't like the fact that Namaste talked about it being a done deal before it was, then throwing a party to boot that was basically a license party. Besides all that I still see Namaste going up so I guess that doesn't matter at this time.
The only short term time I see the license mattering is actually the rec date. I know Namaste is medical but investors want a company that can actually sell cannabis especially at rec launch. Should be interesting to see how this all plays out. Once again, if long, none of this will ever matter imo.
Any US ticker for Canopy Rivers yet?
How do you buy Canopy Rivers if you're from the USA?
From Oracle Dispatch Article:
Sean Dollinger, President and CEO of Namaste comments: “This is amazing news for Cannmart which will completely eliminate the need to buy bulk cannabis, test, unpack, weight and repack before it hits the shelves. We believe that this will allow us to maximize our output and profitability through Cannmart".
Amazing news for Namaste. As a former chef the difference between getting in a whole leg of veal, having to break it down, portion it and package it into orders is beyond time consuming compared to these days where it comes in already done. Namaste's net profit I believe will be better than most MJ companies which down the road is all that matters. The bottom line.
What's everyone's take on Canopy Rivers?
No room for a flip today. Too hectic for my blood. Picked up another 1k at 1.90.
Oversupply? Some people obviously don't hang out with stoners on a daily basis. The more there is the more the majority will smoke. Illegally I always have 3 -4 different kinds of cannabis. Legally? Ha, will have 10 minimum.
Let's also add in that Tilray is probably going to drop 50% in SP off of it's highs. Lets see how many Tilray fanboys will be around then.
There is also a hum in the air that a big company(Coca Cola?) is going to be putting money into the sector on Monday. Should be another interesting week. We all knew the closer to legalization we got, the more corrupt everything would get. They haven't disappointed.
Hippd Monday, 12/04/17 12:08:27 PM
Re: None
Post # of 13631
After such a jump in price last week it is extremely impressive to see how it has set the new bar today with minimal losses. Very nice indeed.
I remember that time frame well. I bought many in the .50's and .70's. Most of us are used to this volatility and craziness by now.
Everybody was a beginner investor at one point.
Paste of My facebook post:
So Monday we opened the week at 2.16 USD. Today Friday we closed the week at 2.16. A lot of people need to relax and stop panicking. Here is the latest video from Namaste. Do they look worried? Deep breaths guys and gals. We all knew this would be bumpy. Once again we started the week at 2.16 and ended the week at 2.16.
http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1dpok1j-10000000_2161119577494217_7042165714395856896_n.mp4