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.
What short sellers does exactly?
Really interesting article..
Thank's to share!
Having more good news...let us know..we need it! :)
Wondering if she will continue to go lower or if she reached the floor!
Is NGW facilities will be bigger theN Canopy?
I mean compare to Canopy.
Is NGW facilities will be bigger the Canopy?
And who is selling?
Chuck29..."im going to take the beating of my lifetime"...
Looks like you will not be alone!!
I will be fix on NGW after 1 year of complete operation.
Shares should be higher in 1 year.
Hold on!
Hope not!
ohhhh noooooooo!!!! Don't say that!!!
I bought NGW last year Oct 19 @ .71 CD
Soon 1 year having them.
I was thinking at that time, that because they were just listed in stock market, that I was doing the deal of the century! LOL
I should have wait more before buying! Newbe mistake I guess!
Anyway I bought more over time and now my average price is .41
I am planning to buy more and my average cost will be lower.
Impatient to see NGW reach at least $1.00!
At least there is more buyers then sellers!
Thank's to both of you for sharing your opinion on possible future day traders.
I will probably buy more soon.
Having a question...
Right now NGW stock value is really low.
Let's say in the future, she goes to .35 US
Is it possible those day traders, who bought at maybe .11 US, sold them as soon as she goes high a bit?
If it's happening, it will be hard for the stock to go up.
Would know your point of view on that.
Great! If they continue buying it's good sign!
Patience...
Correction @ .145 CD not 14.5 of course! Not yet!!! :)
At 14.5 CD Leigh, Paul and all other CEO in the company should buy more.
Are they buying?
I like your positivism but this is not Amazon!
Those who are selling have a LOT, HUGE quantity of shares!
It's never stop..each day..selling...selling and selling!
Hopefully one day it will goes up..at least a bit!
We cannot see sellers names/company somewhere?
I bet .10 CD soon!
She is always going down..so if one day she reach .10 CD I'll buy!
Excellent price to buy!
Not a good start..18.5 CD!
Anyway, for now NGW, is not over evaluate! LOL
Yes..it's Canada related, but maybe the future USA cannabis market might look like that (if it's become legal) or better!
Who knows?
English translation of my previous article
Pot stock over evaluate.
Sales forecasts for cannabis producers in Canada would be "too aggressive". This could lead to a decline in their securities, warns an analyst at CIBC.
CIBC Capital Markets analyst John Zamparo believes that the profit and earnings expectations of Canadian cannabis producers are "unfeasible".
"There is no guarantee, but we could see a significant decline in share value for many players in the industry," he wrote.
LISTEN to Pierre Couture's column on the program Politiquement incorrect on QUB radio:
In a research note, the analyst is of the opinion that cannabis sales by producers will not be $ 6.5 billion next year (2020), but rather $ 2.2 billion, or 66 billion dollars. % less than expected.
For the year 2021, the CIBC analyst anticipates realistic sales of $ 3.3 billion for producers, compared to forecasts of $ 7.5 billion (56% less).
John Zamparo says his estimates do not include cannabis sales by international producers.
"But the fact remains that for many stocks, the expectations are incredibly aggressive," he says.
Falling titles
Since the legalization of the sale of cannabis for recreational purposes in Canada on October 17, 2018, the titles of producers are no longer the same.
For the past 11 months, the Marijuana index has fallen 61% on the Toronto Stock Exchange.
Listen The Good Plant a podcast series on cannabis that is off the beaten track, beyond preconceived ideas.
For example, the title of Ontario producer Canopy Growth has dropped 55% since its peak on October 15th. The security's value went from $ 73.75 to $ 32.85.
Canopy Growth notably fired its co-founder and CEO Bruce Linton last July when profits were slow to materialize.
Gatineau cannabis producer HEXO is also on the stock market.
Its title has lost nearly 50% of its value since its peak reached in late April. The HEXO stock, which was worth $ 11.11 on April 29, ended the session Thursday at $ 5.46.
HEXO, one of the largest suppliers to the Quebec Cannabis Society (SQDC), has seen many executives sell shares they owned in the past few months.
I am agree with you.
https://www.journaldemontreal.com/2019/09/27/le-marche-de-la--mari--encore-surevalue
There is a French article about how pot stock are over evaluate.
You might be able to translate the article with google.
The profit has been done just after they anonced that pot was legal..after...down..down!
About you...Having bought some NGW shares?
I am agree! Boring...
I am making more $$ at the casino!
Wait & hold..future should be bright!
..this could go on forever...
Looks like it! :(
LOL...Hope not!
thousandaire LOL
I also will become a "thousandaire"!
I like it!!!
Ok..I understand..thank's!
When all facilities completed, they are suppose to have - at the end of the year - 124,000 pounds.
At $4.40 US/gram (2k/pound), revenues should be more then 30 millions.
Are you talking about 30 M net, after expenses?
Minus expansives...30 millions/year is not so big.
Of course there is all other products to add.
Suppose to be $4.40 +/gramm.
He should not be so furious if Leigh wants to buy more!
It's a good buying price!
I saw any post..only followers..maybe I am having the wrong guy.
Ouf..happy to read that.
They should recover.
Wow...what a drop!!!