Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
If you go back long enough any stock is up 2000%. Nice try but you have to come up with something more concrete than that.
June 28th, July 13th RSI(14) on Etrade Pro chart.
Been buying when the RSI is around 25, selling when around 75. Easy money this year.
And you believe their sales when they are on a year now delaying this audit? I think you all have been had. I don't believe a thing they say.
Yet another useless fluff news release. 100+ million market cap for a trade show vendor.
I have been doing well buying at .90 - 1.00 and selling 1.10 - 1.30.
The whole sector is stale and has been.
I like your post. Genius in simplicity.
At 1.10 USD pre-market
So I was smoking today and I have a scenario of what's going on. Could be very far fetched but see what you all think.
What if Namaste's plan was to apply for the Nasdaq knowing there would be talk of a reverse split from it's shareholders and at the same time having it in their back pocket? I mean they have a huge buyback of their own stock happening right now. Wouldn't it make sense to drive down the price a tad and buyback at a cheaper price?
They buyback cheap shares, stabilizing the price sideways with some small gains till sales license comes. Price goes up a bit but stabilizes and then more talk of reverse split is in the air.
They listen to shareholders and don't reverse split, don't list to the Nasdaq and consumer confidence is through the roof now because at Namaste "we listen to our shareholders" schpiel. Legalization, end of year rally, stock price jumps, then they list to Nasdaq. Is it all part of some master plan?
25:50
It is very rare lately for the ASK to be 10-15k thin. When the stacking on the bid has occurred every other day or so for a couple penny run the 100k+ on the ask starts retreating but it is there a couple pennies back once they see the trend reverse. They keep it there seeing how the run-up will act and act accordingly always seeming to be a penny or two away while selling a tiny bit off.
VALX the number 1 shorter at this moment has vanished. Today is very different on my Level 2 than every other day besides Canadian Holidays. Figured I would tell you guys that I see something vastly different today and I watch every open market day all day. cheers...
We all knew or figured that before legalization there would be massive dips testing our sanity and faith. All we have to do is accumulate when the sky is falling, take some profits when the noobs are saying 10 dollars EOY, sit back and relax. Sounds simple which it never is but 5 years from now some of us will be retired.
Also VALX has mysteriously disappeared at the present time.
Lately it has been 90-125k on the ASK. Atm on US market it's like 15k. Could something be up? Could Etrade Pro be farting right now? Inquiring minds would like to know. Has me interested.
Who cares if it goes back down to .71? Why would that change anything years from now other than having more shares and making more money.
Then why care about one day? The real money lies years from now.
Anyone else see that the ASK is actually thin at this moment which is very rare lately?
This is long term, stop living and dying day to day.
RSI is at 27 so we are close
I don't get the whole Nasdaq listing. There is no reason not to do this organically. I don't see what the rush is. Seems personal, not business. But.......I do see a huge upside if that comes to fruition.
With that being said if say we do a 4/1 reverse split. It leaves us around 70 million shares. That would put us on the Nasdaq and we would have a slamming good share structure. 100 dollar SP would only be 7 billion market cap which I see in under 5 years.
So even if say someone has 20k shares presently, goes down to 5k shares on a reverse split xs 100+ share price, 5 years from now would be looking at 500k worth of stock.
It looks like this could be an amazing bumpy but lucrative ride or it's going to be a horrible crash happening in slow motion. I'm worried but excited at the same time because the numbers could be extraordinary or.........
120k on the ASk to start the day....sigh
Get 35 mil at 2.55. Buy shares at .80 - .90. Do a 3/1 reverse split and they never spend an extra penny. Thoughts?
Thank you for following up on that. More positive news first hand.
Maybe he did, maybe he didn't. Is it 420 yet? I am very very curious on what Sean has to say today.
Same here, received nothing but hate and ridicule anytime I said this sucker was going back down.
I don't believe that guys post on Yahoo. I read it and all the replies. People asked him for pictures or any proof and he had nothing, nada, zilch. If I went all the way to Canmart I would at least take some outside pictures, asked for a hat or something, some evidence I was there.
About 60k between 9:32 - 9:35
Somebody bought up a bunch at 9:32 on US markets.
Right off the bat today at the bell you have a bunch of people selling their shares. You can tell by the awkward ASK amounts like 7648. Silly, silly people selling at the bottom "and" when there is 100k on the BID, "and" a day before we hear from Sean. Wow, wow, wow, some people just don't get it.
A lot of you are jumping to conclusions without any facts. Do you think a company would initiate a buyback of it's own shares just to do a reverse split? Do you think they are morons?
It's all about being patient, Knowing the levels of support, charts, accumulating more on the dips and taking some profits during hysteria. Now that most of us have been here a solid year or more following this stock daily I think a lot of us know what the deal is. Eight weeks to legalization.
Expect mass hysteria and a mass influx of fake news that would even make a troll like me proud incoming in the near future. Wait till gross sales are up 200%+ next year quarter after quarter. Locked and loaded here.
I don't know about you guys but I am very happy the way that Namaste is handling this minor onslaught in the MJ sector. You have Aurora, Canopy and many others down 20-30% in the past month while we go sideways for the most part.
We had followed Canopy's and Aurora's chart to a tee for a while. Many times the charts were identical and predictable. Not any more. We are our own entity now and the charts prove it. I am very optimistic for a run for end of year(another Dec 27th time to sell?), then 1-3 years out with massive quarter after quarter 200% growth.
VALX is running
Somebody is buying a bit at 1.09
You can definitely see an initial difference today in regards to the Ask not being stacked as usual. As I am saying this the Bid just got stacked up around 100k and the Ask is retreating somewhat. Nice to see that for a change. I swear without that &%$ VALX we would be around the 1.50's. Hopefully this trend continues daily. What are you seeing Potter?
The Bid is increasing double fold on the Ask. If I was buying I would be tempted to buy now. Just saying.............
Should be an interesting week with the buyback potentially starting on Wednesday.