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AMAZING. I have been spreading the word about NGW to friends and family during this downturn. I firmly believe this is the bottom for Cannabis. With the unemployment report today and the effects of COVID across the economy, this is the industry that will boom soon again IMO. and NGW is positioning themselves to be THE story. I'm still buying btw, everyday this week so far I think. But I check and yesterday I got only 900 shares lol. Not messing around today;)
check this out! "California coronavirus lockdown: cannabis dispensaries listed as 'essential' businesses"
https://www.foxnews.com/us/california-coronavirus-lockdown-cannabis-essential-business
just doing my part when I can and brought my avg down under .14 now. Trying to get it under .10! Bids lined up for today.
I see CA is on residential lockdown now...Still no volume here, no attention. Can't wait until that all changes one day. Patience will pay with NGW. You need patience to win. We will win big, I see what is unfolding, NGW is still caring on, partnering up, putting out products. They are executing and rev's are just beginning. Just wait until this sector catches fire one day!
WTRH gave me confidence I'm right here also. 200k-1M volume for months, no one was paying attention but I saw with their acquisitions and cuts they were being smart and they were still making good rev's. The short interest was insane too which is always a gamble but a plus with the stock is down so much already. It had a few spikes in the last few months and I was not sure I should hold but did. Thankfully this is the week of 90-100+ shares daily and massive gains. (BTW I just bought back in WTRH at $1.60 to hold some again because I believe it is still undervalued)
GL to you all have a great weekend, stay safe out there!
About 110k today so far is mine ;)
Just Put up a bid for 147500 @.05.. anyone want to sell me you shares?
just sold the rest of WTRH 4.35 wow! bidding 95725 NXG at .035
Interesting thought... I’m with you! My bids are in for today. ;)
Yea I’m only on iHub for NGW, otherwise Stocktwits. But I did mention to everyone here a few months ago about WTRH and SESN and others. Thankfully WTRH blew up, SESN went the other way. Oh well you Win u lose:) but u can win big.
But Yes I plan to add not sure how much yet. Have almost 400k shares avg .14 here. I’d like to double that didn’t think I’d ever have this many tho...
Well I didn’t even notice this was down today because of my WTRH that I’ve been buying up and holding for last 6-8mo.. I kept second guessing but adding and boom 500% gain in a few day’s. That’s the plan here! We will get our day.. but it feels like we won’t, ever. Just sold almost all my WTRH after hours so I will have to double down for the heck of it somewhere down here and just close my eyes some more..
the market doesn't even see it yet to be impressed. NGW still has a lot of work to do to get attention, but putting up some better numbers each qtr will help get us off the ground at some point
well just got my fill... and have another lined up at .045 for 21,500 (gotta even my share count)
agree, I'm still adding too. Bidding for another 50k here at .05
I bought 35k earlier at .05 too, talked myself into it this morning lol
"I’m really excited about this next chapter, we are now at the stage where we can show the world the fruit of our labor and move into sales and tangible profits.” – Michael Jennings, NGW CEO
Me too MJ...
Just getting to see this news, sorry if I'm late but there is no party yet.
Interesting- Rev's helping them double up on employees??
"Further to building up its flower supply, the Company has also successfully onboarded 25 additional employees to accelerate processing and production at the facility. The Company now employs over 50 people and is producing premium flower, trim, bulk and packaged concentrate that is ready for sale and distribution."
What about hiring PR person(s) or.. CEO? Where are we at...?
Also, I don't see earnings, did we have an update, conf call?
Thx
just bought 35k at .0695 cause its Friday. Added to my pile:)
You're right Chuck it sure does. I'm running through it, well done NGW!!
Glimmer of hope? CGC up this morning...
This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this company would post a loss of $0.27 per share when it actually produced a loss of $0.82, delivering a surprise of -203.70%.
Canopy Growth Corporation, which belongs to the Zacks Medical - Products industry, posted revenues of $93.77 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 18.90%. This compares to year-ago revenues of $62.85 million. The company has topped consensus revenue estimates just once over the last four quarters.
I was away and I see we hit .11-.12. nice!!
well up about 100% on my .06 fills! Wish I got all I wanted end of Dec :(( but I got a lot! Maybe one more shot at it soon? Any sellers out there??
yup I'm a buyer here again today if we dip anymore. Love the news this week! 'nuff said. Have a great weekend ya'll.
Same to you HD in 2020. Praying your wife does well and recovery is quick!
I figured if I can get fills here end of year the pps will be at least .12-.15 for sure again in 2020 imo and I'll be in the green 100%+ on all of these buys... maybe even a lot more.
Looking forward to the 1st full year ahead with NXGWF and some rev's ;)
I didn't say that sorry if you misunderstood. I actually said the opposite:
"NGW isn't going to enter 2020 and explode in Jan"
meaning it isn't going to explode in Jan. That is why people taking the loss now. They could easily get back in at the same price in a month or two I think.
Me- I'm holding on and adding to my pile because that was my plan if we got to .05-.06 end of December. So, I stick to my plan unless I see reason not too. All I'm seeing is typical frustrated stock piled retail who bought shares high and is selling low. bad idea imo
IMO I waited to buy until this week because I anticipated we would be at .05-.06 (go back and check my post from Nov if you have to)
This is absolutely tax loss selling on the OTC. The fact is some retail holders had piles of shares because this always has been "cheap" imo but hasn't gained any traction. So now they are dumping to write off the loss. I got my fills in .07s and at .06 yesterday afternoon.
NGW isn't going to enter 2020 and explode in Jan. Why not take the loss give it I think 30+ days and buy back in for the boom. Thats it for me though I'll be probably tapped out after today if we are in the .05 range
could really could its sad reality of OTC. Been here not in years and it sucks for now. closing my eyes as we enter 2020 loading my bag
my bag is getting heavy! ouch. this is where I close my eyes
There it is the dump I was waiting for like clockwork filling my bag
... .06 tapped.
my bids are in again. Got some major fills in .07s on Friday. About a month ago I expected this and said we would be at .05-.06 range. We are knocking on the door. Am I excited? Well no! but at this point my average is about .13 now so it's helping me bring it down low.
Accumulating while NGW gets their act together... In the meantime WTRH and SESN are my 2020 stories that I have also loaded big.
GL to ya'll. Happy New Year!
Thanks same to you!
someone taking a year end loss that helped fill my first bid yesterday at .083. I had my bids lined up down to .061 yesterday just in case lol. Same today, thurs and friday.
yeah typical of OTC stocks... well I was able to get another 25k yesterday at .083. Lets see what I can get today:)
Well year end selling = me year end buying. I'll be here all week parking cash for next year in NGW. Merry Christmas and happy holidays to all ya'll. ENJOY
nope. just had a minute. if you've been here long enough you know I'm super long NGW. just spreading the ticker love since NGW has gave us all nothing but a sea of red so far.
I pulled up the CGC chart recently and decided to hold off buying more NGW for now. Honestly CGC looks like it is on it's way to $9-10 imo. If it doesn't get support there it goes to $5.00. I'd say that means .05-.06 bottom for NXGWF isn't out of the question. I think that it will be quick if it gets there...
I know that seems crazy but that's where we are at really with this sector in the pits + end of year tax loss selling now too etc. I do still plan on adding under .10, just waiting this out for a larger dip. I see we are getting some bigger volume days now on NGW with maybe some larger retail being frustrated and throwing in the towel. I think we are close, but maybe another quarter or 2 to iron this out and we start to level off and move back up. GL I hope I'm wrong of course!!
here is the CGC 4yr daily:
http://schrts.co/GETAGXWf
My other stocks are actually performing very well, and thank goodness I had all of theses to keep me going. Here just some just passing along while we sit and wait this out-
AGRX --bio. huge move recently, I missed out on the 300% but made about 60%. Now waiting to renter. Feb FDA approval pending imo
SESN --bio. big move coming, cancer, great management ducks in a row. I've played this stock over the last 5/6 yrs and have never lost. Load everything around $1.10 near term support, and anything under. I have a pile of this. IMO they will be bought out somewhere in the $15-30 easily someday before they blow up in the next few years just like my ARIA and AVNR were. or they are the next EXEL or ARWR.
WTRH --food/service. speculative, but 220M revenue and revamped business model. I have 50k shares at .24 mainly because I saw almost 70% of the float is sold short and they have rev's and customers. If they clean this up this is a big winner. I believe shorts will cover soon and a squeeze for a move back up over $1 may not be that far off.
MYT --china. speculative, but cash influx and expanding. I invested in .30's-.40's sold at a buck. looking to re-enter around .50-.60
here are some others winners and current holdings:
PYPL
SBUX
AMD
CMG
TEUM
AIHS
GL NGWers. Catch you in a few weeks...
welp, here again on a friday at .12 so I just put in for 8,500. thx
see ya'll soon on the way UP;)
Checking in... and well, I see nothing has changed again. so I guess another bid for shares on a Friday. Need another 8k shares at .112 if anyone feels like giving them away. THX, have a great weekend NGW'ers
chuck, bro, 500 @ .12 is $60. This is only moving the stock slightly because buyers have been non-existent. Selling isn't the problem. Once we grab attention and market share, PPS will recoup, and fast. I posted an article earlier, read it
Yep. Spelling it out, buy now. Not later! Big money will return. When I don't know, but each day we are a little closer to a sector reversal IMO and NGW is fortunately collateral damage for now so we can buy here;)
Today I have bids for 25k @ .119 (this will be a new IRA holding) and another 31654 at .11 for kicks if somehow it gets there again so I can have an even 100k in another acct. I never get more than partial fills!
https://theseedinvestor.com/marijuana-investing/with-marijuana-stocks-at-low-tide-the-bankers-swoop-in
to look back and think, remember when you could bid .10-.12 for some stock???? wow.
GL, I'm ready.
crazy, but not unlike the others. there are so many OTC Canadian cannabis stocks beaten down to .10 and under, the list is BIG!
NGW is just getting lumped in with the whole OTC sector... for now.
well we are here but I'm not really surprised. I was able to grab 17k shares yesterday of my 30k fill that I wanted as sells continued to randomly hit bid but still not much in the way of volume here.
My fear originally when I decided to start buying into this at .28 was that 1- NGW peeps would give away massive amounts of stock or dilute themselves to finance and we would see 10's of millions of shares sold to bring us to .10-.05-.01 and below. OR OTC manipulation. often I've witnessed OTC stocks drift lower even on buying pressure and do some strange things. Fact is the market is saying this stock is worth nothing. I've seen stocks on OTC that are actually worth nothing trading for pennies suddenly go to $1, $5, $10, even $20+ with some volume. It's a joke because those are pumps but this gem really does have substantial value once you dig!!
My opinion- so far from the looks of it I still don't see evidence of dilution. There isn't millions of shares being sold daily, it's really just a few k here and there, so to me it still looks like the retail investor who had high hopes that by now he would have big gains by now and they are scared giving up and letting go of stock they bought in the .20's .30's .40's etc. Me I haven't given in or up, now I am buying again and I'll turn away if I have too. Been here before and I won't let go of these shares down here unless I see a reason too... GL folks
PS. Besides NXGWF I own just a few other penny stocks and one right now I believe is relatively close to a big move is SESN. I have made 10's of thousands off this stock on previous moves and am back in it again at 1.10 last week. I believe it has the potential to run to $5-$10-$15 over the next year or 2 as it will finally gain FDA approval for it's Vicinium (a bladder cancer drug in P3). Really not a pitch just passing along info, take a look if you want. Currently it's about $1.20...