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crickets...........chirp....chirp
You, Scout and the others used to laugh at me when I said this was going back down to 7.75 back in Spring of this year when it was 12 - 14 dollars. Chart said it would stop right here off of some previous consolidation in February.....but will it hold it here? The monthly says 5.50 - 5.60usd entry ballpark. That's my guestimation
This is starting to look like one of the best buys right now in the sector. What is their OS/Float these days?
I see a return to lows first or worse. Then a wicked run again. I already see bids lining up at .215, .20 and .15cad. Once this breaks the 500k support on the BID it will fall like a rock again imo.
Off by one cent
We're right at double bottom territory on quite a few. They spread on the fear double time for the sector this time around. Reminds me of 2017.
Seems my 7.75usd prediction in Spring is starting to come to fruition. Yay me. Hello again, it's Fall =)
Good to see everyone in better spirits
10.00 psychological within 15 months.
This is a pro shakeout. Nothing else. Big boy stuff.
Did I nail that October 1 call or what? Up 40% from the lows already.
Up over 40% since I wrote this from the lows.
Of course it is. It's all bs. You have deceitful article after deceitful article posted daily. It's all one big dog and pony show.
Now it's carnage
I'm watching for a maybe, potential sell the news when they do get the license. I have seen that happen with many companies. The run is before the license and when it comes, bam there is the selloff. That catches "Alot" of people, myself included. Just one hypothesis throwing it out there.
Did I call that or what? Down 18% today to 5% up on the CSE. Hey even a blind squirrel finds a nut once in a while.
The market doesn't make sense. Take a look at Agra right now for example. 2nd largest grower in Canada under glass about to grow 40 million grams minimum and their market cap is like 120 mil lol. Some of these stocks are 500 - 1000% undervalued right now.....including MEDIF. We are setting up for a massive run with USA dropping some giggity news. I am tapped on credit lines and locked in on my positions. We will be toasting soon my friend =)
Boom, 2.75 just like I called it in May. You're welcome =)
It appears to be heading right to that .09 -.12usd consolidation range from Summer of last year. Something massive is up. There is something in the works. I'm thinking huge news from USA is incoming.
Why do you think they are shorting this so hard? Why are millions of shares being exchanged daily at these levels on the CSE? Why is this happening right before we are able to implement all the revenue streams? It's very elementary. The shorts see this stock is going to explode soon so they short the bejesus out of it and the whole sector. Why do they do this? Because they need to make money when it goes down and when it goes up. This way the double their returns. They short it and make money, then buy and hold, making money again.
This is the big shakeout. Tons of fake news articles released that have zero merit, fear mongering at its worst at every corner you look, politics doing their usual doom and gloom, all triggering people's worst fears. Better get in soon, the train is leaving. Remember, this is all a game based off of fear.
Today October 1 starts the run.
If it wasn't that trash news it would of been something else to scare the public. It's all baloney. It's all one big game of fear.
There it is. The 2.75 shares I called back in May and JUNE AND JULY> EVERYONE CALLED ME CRAZY>
My unicorn 2.75 shares call from May is getting closer and closer again.
They have been now for weeks.
Same, added more.
No brainer. Salivating on a .21usd average.
We will be toasting soon =)
The February article I am referring to. https://seekingalpha.com/article/4244233-agraflora-buy-undervalued-pot-stock
Last time they dropped a bomb article like this earlier this year Agra went up 200%. If I remember right the run started a couple days after the article hit. It's almost game time Boys and Gals =) https://seekingalpha.com/article/4293264-agraflora-organics-explode-next-year
Some of the bigger companies I watch are right where I thought they would be if or when a bottom happens. I'm always watching the sector as a whole and a lot of its parts and have been now for three years. A bunch of my watchlist is near or at 52 week lows. I say pull the trigger here. Expecting banking laws with some positive news next week which is a decent catalyst along with edibles in Canada creeping closer too. Then expecting re-classification of cannabis in the USA. I expect about a half dozen news articles like this within end of year.
I'm calling it. This the end of the sector downtrend imo. I am a buyer here across the board.
They say nothing in this news about how much the order is for or anything to do with revenue which is desperately needed. Grats all on the news but I'm a numbers guy and this gives me 0 to work with so far.
Thing is without sales they will be forced to do another finance deal within 1 - 2 years to continue to operate and build. Bad part is the share price will be so low that borrowing 50 million this time will cost 200 million shares.
They said a whole year ago about the oils and how anyday they were going to sell them and make them. A whole year has passed now. I wouldn't bet on any oil licenses till they get one. I wouldn't think of it as they are definitely getting one or will ever make their own oils. If any past earnings is an indicator they will be about out of money within 4 more quarters as this current pace.
We're about to rocket up. License incoming in a couple of weeks. We're about to grow 100 million worth of product and the market cap is around 250 mil. If you have followed the CSE carefully you would see a massive increase in volume lately but 0 share price increase. That is major accumulation at it's finest. The sector is also due for a big ole dead cat bounce as well. Add in new banking laws, a cannabis rescheduling from 1 - 3, decriminalization federally, Florida steering the ship to the promise land..................and we have a run on our hands boys. Mark it, book it, I said it.