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Yeah at the time I think WTRH was float was sold 62% short when I first discovered it. I jumped all over it when it hit $.24-.40 and there was only about 60 mill in the float then and their bad Q's seemed behind them. Since the rise they have done 2 ATM cash raises to pay down debt and have cash on hand. Now they are stronger then ever before! Their business was solid it was just muddy for a while and shorts took advantage and crushed it to oblivion. But management switched up dropped the losing parts of the co and (with some help from pandemic) went big.
In the same way Pareteum is still in business, but shorts crushed it because of bad leadership i.e. poor accounting accountability etc. It's still muddy, but management is switched up, short interest was pretty high and now it's dropping, NASDAQ granted them extension, they keep adding customers w/details not disclosed... I see this playing out very similar to Waitr.
...in other words Since NGW is making some of the highest THC levels available and that is the question being asked by consumers, why not make your label yours and re-label it beautifully (DONE) so there is no question of where it comes from.
So, now NGW has both the highest THC levels and LABEL pointing to them not a random partner or celebrity gangster endorsed product with their name in small print on the side.
Nicely done.
Couldn't remember where I saw this, but found it. Read this article below and remember Mike and team are producing some of the highest THC levels available in USA. This article talks about how brand awareness is so low after polling Canadians so I imagine its the same here in USA.
If NGW is recognized for high THC levels, I'd image now with that nice new product labeling Mike and team are onto this ;)
https://420intel.com/articles/2020/07/01/whats-name-canadians-ignoring-pot-branding-survey-finds
"The survey, published by Brightfield Group, polled 3,000 Canadians in the first quarter of the year. It found that brand awareness remains low, which is confusing consumers and resulting in "decision fatigue." Roughly two out of every five respondents said they were aware of Canopy Growth Corp.'s Tweed brand, while 17 different brands had less than 20 per cent name awareness."
"My managers tell me all the time that the number one question we get asked is: 'What is your highest THC product?' not 'What brand is it?' That's what moves first," said Michael Serruya, who runs Serruya Private Equity Inc. and owns six stores in the Toronto area."
Hey, I think it's really short positions closing out. Short interest is down about 8 million shares in the last month (from 23 to 15 million)
This is a great sign that the bulls will take over soon and this will move big with anticipation of restatement. A lot is about to happen over the next few months. IMO TEUM is alive and well. Holding 120k shares now.
BTW- I saw the same thing happen to WTRH in the .30-.40 area so I bought it up then... Check that chart now, its about $4.00
Yup! There is no question now that there is value here that is not reflected in the share price. I think this is mostly retail who've been waiting it out and slowly adding NGW to their portfolio here coupled with those like us who have shares and won't sell now (because why in the world would you sell now!?). All of that = demand up = price up.
This is not the same as buying into weakness for months with almost no end in sight as price moved downward (for me especially end 2019 in .06's only to watch that fade even further to .04's) that was hard.
But now NGW is showing some strength with back to back QTR's of increasing rev and lots of positive developments / news in the pipe.
And for those who liked this at .40, .50 with just a facility with hopes of grow rooms coming on to sell product one day, they will love this at just .14 with product moving and selling, and selling well:)
We are slowly building a little demand for NGW. And... we are still, just getting started.
Well good times are coming, you can be sure of that. Right now I see a 140k bid at .1333 Not me, any of you??
Yes! this is how you do it. Look for strong fundamentals when a stock is out of favor and buy it up when you see it really oversold to its true value and potential.
This is exactly why I went all in on WTRH in .30, .40's. Now, yet again today it hit $4.00+. I still believe WTRH is a $6-$8 stock near term but it may be time for me to go soon so I can buy more of this in the .10-.12 range. I do need more NXGWF :D
Anyway this is exactly why I've been moving so much into NGW. I believe here there will be a very similar outcome to WTRH from .30. And that solely based on fundamentals coupled with the fact that it has been virtually ignored and sold off to .03-.04. At this point still no one has discovered NGW and its potential. Just like it took time to find WTRH it'll take time here, but man it'll happen! (CHECK WTRH CHART!)
OTC will have its obstacles of course vs NASDAQ, but when an OTC stock moves because of demand the price can really move! I've seen it... GL
BTW- TEUM is another one I found if anyone is interested. I would put that one watch for a similar potential move and add .50 area if you can.
No crying here:) and I don't think he is either. of course it could have worked out better but it'll work out pretty good for him and the rest...
Right, makes sense. Drop in the bucket too he has over 6,000,000 shares
Would be nice! I could buy almost another 500k shares here if I move all the rest of my WTRH into this... but just cant do it (yet) that stock has been textbook amazing for me. I expect even more from this though so might have too soon. AHHH decisions
So wait price is moving and it's not you, me, or anyone here? that would be nice to know!
HD seems like he has a lot of great insights-
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Biel is garbage! Bioelectronics Corp. (BIEL) 06/24/2020 09:59:47 AM
Niuveau is garbage! Nouveau Life Pharmaceuticals,Inc. (NOUV) 06/24/2020 09:59:13 AM
Kali is garbage! Kali Inc. (KALY) 06/24/2020 09:58:47 AM
Vilacto is garbage! Vilacto Bio Inc (VIBI) 06/24/2020 09:58:25 AM
Guided is garbage! Guided Therapeutics Inc. (GTHP) 06/24/2020 09:57:58 AM
Cellectar is garbage! Cellectar Biosciences Inc. (CLRB)
Ha just saw that, thanks for update Noda!
Ha! really nice HD
well all thanks to those fills down in the .05-.06 range mostly.. but I don't think I'll catch HD if share price keeps creeping up
nice chunk chuck! I'm with you, nice to have round numbers. My .106 order was out there GTC for days and slowly got filled like yours. I'm just 65k shy now of 1M:)
Slowly filling my .106 35k order that has been there for days. And why not? figure I need to contribute above .10 and need an even 100k in another account, and hey it's Friday:)
Future is bright. Have a great weekend. 7,500 so far
Well took me some time to get back at this but I'm back and planning to buy more here. At this point anything above .09 is bringing my average up but it really does feel a lot better than buying up all those .04's and .05's so many times!! Sheesh I do hope that is done for LOL
Really I don't see how now you can sit with your shares (or not have shares) and be bearish. We have a confident team making moves and showing it on paper now (btw- I so love the NGW product labeling just to re-iterate and the return of shares to treasury on the SDC deal!).
My thought is with some of you here that by Q2-Q3 we should see some volume and moves pps wise. Would be great to have coverage and extraction facility come online sooner and cranking up some Rev's. But still I'm realistic and expect bumps, delays etc. There is also still virtually no interest yet except for those who have found it and know its potential worth. Hopefully we are forming a solid investor base here in the .10+ range. IMO there has not been a better time to buy this stock and/or hold this position than right now.
Hey everyone. I've been out of touch here and with NGW last few weeks... I was away then had some family stuff and this was the last thing on my mind. But thankfully all is OK, trying to catch up on some posts yesterday and today. I was able to listen to the first 20-30 min of conf call yesterday, up until Paul Chow asked Mike a few questions. Everything I heard up to then was exactly what I had hoped I'd hear them say. I've never doubted my confidence in the team at NGW and my investment, I'm very excited to be here. All of my shares will be held tight!
HA well yes the market has no love for now, everything is down off silly highs too (no pun intended)
And what you're saying happens all the time, always, everywhere. How many people have bought into stocks IPO'd and they bottom out everyone bails and 2 years later they are all time highs destroying the S&P and DJ.
Question- so say they make just 20M+ in the next few years your predicting less than .10 by then?
you're right HD its still 100%. In any other trade I would be very satisfied, which is why I do empathize with those who sell here (even if they said they wouldn't or whatever Chuck and Cresus are fired up about...)
In my NGW world .05-.10 is still only .05. and we are only at .10 which is hardly a picture of the real value that I believe will be at play in the future. That's what I meant by "slight".
Also in my NGW world I think there is a very real possibility for who knows a $0.40-$0.50 gain in one day with some real volume because of REAL VALUE. Of course the day traders and pumps tend to coincide with volume on penny stocks so I'm sure we will see some of that at some point..but really I'm here for the value at play that I think I've discovered along with you and the rest here.
Overall I'm thankful there is a platform here where we can all learn more about the company together and discuss. BULL or BEAR. And... Yes I think it is obvious I'm a BULL here so I do share some excitement seeing NXGWF at .10 instead of .05, green instead of red! WOOOO
ha what? .10 and everyone's a little too excited here. Hearing things like "Big sell off coming" come on.... what to .04 again??
We are up slightly this week because we exhausted sellers and maybe gained a few new eyes as the sector got some attention. NGW is still virtually unknown. Others will find value here and they will buy in, especially as more of that is revealed in the coming weeks, months and year...
And yes, Exponential: "characterized by or being an extremely rapid increase"
Good job holding for at least a bump up. I for one respect an exit. Buhlz dumped at .05. That’s how it goes, you had a better exit at took it. Best of luck to you with freeing up your cash!
I for one believe NGW will rise as the sector heats up and this isn’t the rise, but it’s coming. I’m holding for exponential gains.
Yup Cresus it was actually on 5/8 (I wrote it down lol) I try to keep track of random things like that. I mentioned it here shortly after, it was the first time I noticed trading imbalance to the buy side- virtually no sellers. Now we are moving a little, volume still light tho... I'm sure we will dip too so good luck with your fills!
Looks like that shouldn’t be a problem. I like seeing my holdings up now at just about 9%. First time ever for me and my NGW shares.
I think investors are holding on after 4Q release, most expecting that ugly report like me and now bad news out of way. You could tell over the last few weeks it was harder to fill I had to keep raising my bids...
It’s about time to turn a corner here and hopefully never go back to .05. We’ll see.
HA! Appreciate the humor CRAIG! TMACK, CHUCK- Honestly whats to worry about? What is black to "them"? .20? .30? .40? Let it play out. I mean if there is this planned effort to dump shares at .20, .30, or .40 that actually sounds great. That means "they" expect buyers willing to buy up to .40 to get them to sell in the black right?? And here we are at .08. That's some nice gains for some folks and volume means we have interest here... and to those buyers who jump in at .20, .30, .40, they will be snatching up the shares sold and they expect to make money off the other people willing to go. AKA trading. Beautiful thing...
yup sector catching some fire! HEXO and TGOD moving. NGW will get some fresh eyes
Go figure I have 880k shares and at that little trade @ .088 I'm back to green up $251.00. OK now chuck I'm going to dump all my shares!!! LOL:)
.... kidding. Really I'm here for dollars, not cents, although I never thought I'd own this many shares so I will have to decide when to let some go. Still working on that idea, but nothing near these lows for sure. Hidden value here is truly remarkable imo. I expect exponential growth and attention to pour into this and when that happens who knows where this can stop. Lots to play out and into this but I remain very confident in NGW and my position and still believe this is just the beginning of it all.
good look for NGW to utilize their branding, love this! Exciting days ahead
Nice to see green. I’m not surprised hasn’t been easy getting filled last week or so.. with all the shares I’ve collected in the .04-.06 range I’m almost in the black now.. just a few more cents! :)
Good move buying more Harpo. I continue to add and will again tomorrow
I'm with you that is always good news..and a pretty clear signal;) Thanks for posting!
Nice.. I’m getting fills today. Thx to whoever is selling to me:)
Hey guys. Well it's feeling more difficult to get a fill lately. No sellers??? I've been getting small fills here and there, but barely anything on all my GTC bids. I'm trying to add about 300k more shares this month (all thanks to my WTRH gains again). NGW volume is light and pps creeping up a bit. Was hoping more people would bail after earnings... guess not. Hmmmm
Hi hear that Buhlz, It may look bad so I get it and of course you can do well elsewhere. My focus is not on NGW yet I am just stock piling it:) All the best to you though!
TMack- SDC was focused on the CBD store. It took away resources to develop the online sales so NGW cut loose. Things happen, not good, but not the end all. There are reasons to be vigilant and focus on the negative but you are completely ignoring that this Q report was set up to be funked prior and we all knew it. However I remember seeing your post trying to set NGW up days before for crazy good numbers (I'm not sure how you were getting to that conclusion unless you have some sort of an agenda here...? I'll leave it at that).
Fact is now NGW is selling product, especially through mid March and April. The stay at home in Cali spurred a "buying frenzy". Dispensaries and wholesalers quickly ran out and indoor premium grown cannabis was the first segment of product to be depleted. I believe mid-end of Q1 is where business really started booming for NGW and I'm placing my bets they are finally establishing a rep with customers and brand recognition will coincide;)
Makes me think of the release in March where NGW said they had broke through its first million dollars in total earnings. It's coming and the lid will blow off one day... just make sure you have some for that day. You still have many more months to buy low imo, especially if some unload after this report. I'll be here to snatch em up... I believe 2020-2021 will be a game changer for this company. GL
Yup correct this week Q4 and annual end of May.
I believe to the contrary of many here that NGW is pretty well managed. You can't place unrealistic expectations on them they are still small, so small but they have accomplished much. You also can't attack them about the share price, at this point it's not even attached to reality. Management could do the opposite focus on share price prematurely and pump and dilute into oblivion to raise cash and line their pockets like almost every other pink OTC stock. While their at it grab a snazy CEO to try to wooo investors to raise the share price some more and dilute again then just R/S. Happens over and over and over... I'd rather they not. I prefer this scenario- build, execute, sell, all without noise or attention, all while the stock price drifts off on no volume to new lows.
I've seen NGW executing and aligning themselves, selling product (and in PC's words "almost all of it at premium prices"). They are also cutting where they can to manage all of this through an historic pandemic. I'm even more confident now then ever before that I will snag huge gains someday. My cost avg is now just under .09 and I continue to add as I can to bring that down even more... GL
I've had correspondence with the company and they said they had to lay off employees and Caroline is one of them because of pandemic... they took these measures because in the words of Paul Chow "to ensure the viability of our business ensuring that the most vital part of our business (Facility A) remains in full operation." (FYI This is not a worry of mine as everyone I know in business has done the same. Have to cut where you can and make it through strong, which I believe NGW has and is doing...)
With that he said that they are seeing parts of NGW flourish. And they are things we know but it is nice to hear it straight from PC's mouth:
"Our harvest cycle has been reduced from 14 weeks down to 10 weeks; the plant density in our garden has increased; the new genetics have tested into the high 30% THC range; and we have established some strong relationships with distributors and resellers of cannabis products. In addition, we are nearly selling all that we are producing at our facility at premium prices."
They are anticipating Q4 results posted by end of next week and annual end of May. PC was very helpful and professional in answering all my questions... except for one, the conference call. No direct answer for on that yet. Hoping they will consider and do it at the end of May with release of yearly financials. We are overdue.
Honestly this is not a big board massive influx of volume stock. My expectation was exactly this which is why I haven’t traded OTC / pink sheets in over a decade.
I am parking money here because I believe there will be a turn of events in the future that will bring money into the sector as a whole and so far NGW is one that isn’t being diluted into oblivion and has real tangible assets and is executing. I see no reason to cut loose with NGW.. unless they start diluting into this and killing the stock price then we can talk mismanagement and I take a loss. For now you’re seeing a few thousand dollars trade everyday. Peanuts.. I see value here but nothing about buying and holding this makes sense unless you’ve seen it play out before...
I never even know when there is news without checking my email or going directly to NGW website. My TD feed doesn’t show anything since Fader news in 12/2019 and rarely picks up the news...
NGW needs to get their releases out there!