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0.47
News Out
New Age Acquires Brands Within Reach
https://www.apnews.com/ACCESSWIRE/0e2e41114577bfad258c939bfa0853b2
So we just get to take over the space? No bigtime competition..
I’ve seen people state as low as .80, and as high as 2.50.
I personally think fair value is around $1.30 - $1.80 USD at this time.
Let’s see what the high for Monday and all of next week is.
NBEV FY 2019 Guidance = $320MM Revenue (without CBD)
So did CEO Brian Athaide
He bought 44,000 shares on Friday 05/31
On the Y! Board, folks are loving the strong balance sheet, and bashers are no where to be found.
Correct
Nearly $5 million for Q1 2019
Approx $24M for the 2018 audited annual.
$78 million in cash, plus $116M in assets, $6M debt.
The balance sheet is getting a lot of ?? on Y! Finance.
We have roughly the same rev as Cronos and Tilray.
But much much better balance sheet.
Fins are out
Nice day here for iAnthus
Green in a sea of red.
I did end up cutting Medmen, around break even.
Looking for entry here, looking like this could bounce nicely next week.
I’m loaded heavily, haven’t sold a single share.
Would be a dream come true, and make me very rich.
Would be the opportunity of a lifetime.
And I’m long with thousands of shares, still in the green.
There should be huge technical support at 2.55, and 2.50 psychological.
However, If this goes lower to the low 2’s, I will load the boat.
Tilray is still a legend though
Heroes may be remembered, but legends never die.
Remember that time the short seller AL tried to short Tilray around 40, 50 and Thiel and the hedge funds took it took 300.
That said, I have no idea where the price goes from here
A technical oversold bounce perhaps
Fins came in good, last week.
FDA meeting tomorrow.
4th highest borrow interest rate among all US listed stocks with short interest exceeding $100MM.
We can speculate on when the release is timed, but it’s rather immaterial.
We know one thing, we will receive (5) quarters of audited fins, including Q1 2019, and we will receive them prior to midnight tomorrow.
Namaste Audited Financials plus FDA/CBD hearings.
Because we are battle hardened longs who held through ACB 2018, and aren’t worried about a temporarily dropping share price here, due to warrants being exercised or previously restricted shares being sold.
Heck, maybe a few naive investors sold today because they mistakenly thought that now it’s ok to sell because the dividend/warrant/cash is finalized for them, but the ex div date was months ago haha. Meaning they could have sold at anytime in 5he past few months and still gotten it.
Prolly not, but hey.
I have personally witnessed my +100% position gainer here dwindle to like +30% now. But, it’s okay as I want the opportunity to accumulate more shares at a cheap price.
I want my shares, especially those earlier tranches to become long term holding, because I know where this is headed in the future.
I’ll be adding here soon no doubt.
Cup and Handle forming
As previously explained by Sleek, there is a MM who is attempting to accumulate as many shares of VATE as possible.
At times he drives up the share price by frantically buying, and at other times, he sits on and blocks the ask, attempting to scare weak hands by having another MM sell into the bid (often a small share lot). He sits on the bid in those cases and just catches all the shares, then drives it right back up or bulls buy the dip. All is well.
Provided you have previously made an election, the warrant units will be sold by ComputerShare of Canada, and the proceeds then distributed to US holders on a pro rata basis, via your broker.
You shouldn’t have to do anything, but wait a bit longer. As those warrant units still need to be sold and then the proceeds distributed.
The PR wasn’t confusing to me
Also, Danny Brody named SpinCo CEO.
Seaport Global reiterated buy rating
1 YR PT $9CAD
I’m thinking we see a few new names come into the space initiating coverage on TGOD.
So far has 3 analysts covering, all with buy ratings.
Either tomorrow, Thursday 05/30 or on Friday 05/31, forgot which.
It’s an after hours release.
Yep, in the Beverage industry the PE is largely based on revenue.
Is this company real or fake lol
Where is the revenue from prior harvests?
and if not, he/they/us will move this higher, once he gets his fill.
All we doing is making him chase or sit put.
He’s blocking the ask at .0508 right now
And since he was undercut (outbid) by NITE and others (on the bid), he’s sitting at .0495 right now and notice no selling into the bid after a buy slap?
Why, because he isn’t the top bid this moment..
That is an expert analysis.
While at times thorny, they seem to be helping us.
Especially ASCM, that MM rocks.
Never thought I’d say that.
Massive accumulation.
And retail is propping up us too.
If a mania hits, this stock is best positioned to reach $1
I seen HEMP and FITX go from this level to dollars in 2014
This is a different time, but I think Trump and China make a deal soon, and let’s see what the FDA says.
I’ve exited Medmen near break even this morning.
Looking to reestablish an IAN position.
Earnings here are after the bell today, or tomorrow?
Also, have insiders sold recently? as I’ve heard that.
Are we still a marginable security?
On watch, for sure.
I’m watching and enjoying too!
ASCM is on the top bid, with stacks of other MMs buffered right behind him on the bid with multiple 100,000 share blocks, mixed in with some 10ks.
Daily support at .051
Ask looks healthy, with some Daily resistance at .054.
L2 looking great.
We are getting 2018FY + 2019 Q1 at the same time or with8n one day or each other
Both before end of May!!!
Do you like this over MedMen?
I was debating between that and this, and went with MedMen, but now regretting it.
But, I got in recently there, should I switch to iAnthus instead?
Yeah, I watched a guy enter at $3 and then a few days later he said crap.
I then watched another guy enter at $2.70 and a few days later he said crap.
Then, I personally entered a starter at 2.385, and here we are a few days later and I’m saying oh crap.
Catching the falling knife doesn’t work out often , eh.
It did work on Aphria at $3.75 though.
This will bounce, right?
Do I cut, hold, or avg down lol
Added more at a nickel, going way higher in the weeks to come.
“Over the years”..
You made a post (an hour ago), that you bought shares _yesterday_
AlkWatr
Why did you purchase a competitor CBD beverage stock the other day then?? Lol
Good, although I’m a little worried that they won’t allow it together with alcohol.
Make take some time anyway, this could be the first of several meetings, potentially.
2nd PWC Partner added to BOD