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I will be accumulating as well.
Wouldn't shorts unloading cause it rise? Also, someone posted that most of the shares this week have been short sells I thought
He mentions the stock price being a multiple of only 2 to 3 x, where others are 10 to 30 x.
Thank you for this analysis. Just doesn't make sense why this isn't moving.
Let's see what the day holds for us today. Any fundamentalists want to share what this should be trading at according to financials?
Agree that this is a hidden gem, I'm already looking forward to Q1 results!
Oh I believe it happened given the amount of volume yesterday and it explains why the price barely moved. I just don't get why folks would put themselves in a short position given fins and guidance.
Lol, that makes no sense. Why would folks be shorting at this point? They just had a record year and are guiding to doubling last years revenue. So strange.
Pretty disappointing day
That's not too bad.
Could be, do you know what short interest is on this stock? I wasn't expecting this to trade sideways after earnings, I figured it would either rocket up or drop like a rock.
Interesting chart setting up for the afternoon, we might see a break north here shortly.
It's going to hit 10 day average volume in first hour of trading and only down a penny or 2. Let's see what happens throughout the day, I can't imagine we go down too much further. Maybe next leg up is more talks of legalization?
These weren't good, they were great. A lot of volume the first 30 minutes and the price has held pretty well.
Yes, they showed a profit last year and are guiding to a larger profit for this year.
Will be an interesting open, if the price doesn't fluctuate one way or the other then we might close in mid .80s
Wish I could join but on a conference call right now, will listen to the replay later.
Also, they are guiding to doubling revenue this year.
Guiding to doubling revenue this year. Nice.
Anything going on premarket to give some indication of price movement? I'm not at my computer right now.
Ok thank you.
Did not see this, thank you. Doubling revenue this year, that is excellent. Thank you for sharing.
Yes, and they will be offering guidance for the first time ever. I won't be able to listen live and hopefully they post a link to listen later.
Will be interesting to see how the market reacts to this news tomorrow, I'm thinking there may not be enough interest in this stock to move it much though but we will see. Would be good to see the CFO/CEO start attending investor conferences to garner attention.
MRMD 10-k is out. Looks like the settled their lawsuit with Kidrin and they showed a profit for 2020.
Wow, very nice numbers and they showed profit as we were expecting. Should do well for the stock price over the next few days/weeks.
Fins tomorrow morning.
Interesting and confident that they are releasing fins before the market opens on Wednesday. This tells me they are confident in their numbers. I believe they would release after market only if the numbers were bad to give investors a night to sleep on it and not make irrational sells.
Nice premarket price.
Yup, volume is increasing as well.
It's trading like we'll be getting positive fins soon, maybe after market close today.
Fins should be out any day now, they haven't filed for an extension yet. If they show profitability this will head north quickly.
I would expect something this week, even if they file a late filing extension notice.
Thank you for the reply and this information. Looks like this will only add 10% to the OS. Not too bad.
Last year they filed a late filing notice on March 17th and then filed at the beginning of April. Let's see what happens next week.
Pot stocks rise in premarket after Mexico passes bill to legalize recreational use
https://seekingalpha.com/amp/news/3671656-pot-stocks-rise-in-premarket-after-mexico-passes-bill-to-legalize-recreational-use
Well, my fins date was wrong. My new guess is next Tuesday after market close.
Well, he is the "short"er one, lol!
I'll see myself out.
Maybe confusing you with me again, lol. I sold off about a month ago and posted it here.
So if everything is exercised the OS would be about 340,000,000. Where did you get the $3.50 from?