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$HITIF
Found this on yahoo board
Let me tell you why it's halted. So many uneducated and misinfo here. It's very simple. They just did the $15m offering which is required to post on sedar but it's not up there yet. It can cause legal issues, so they requested it to be halted until whoever hiti legal person post the news on sedar. They recently had many news so the legal probably missed this offering announcement posted on sedar on time. It's that simple. No fancy or crazy reasons on this trade halt. I work at Deloitte as an external auditor.
Wow still Halted!?
is there more pending news?
another one!
Thank you OTCX VALX and INTL for keeping this from breaking out too much and keeping our RSI in check LOL
But you can’t stop the long term uptrend!
Bid up again premarket .4205
Looking like we will have a good start again!
uptrend back in effect!
i like how they compare high tides accessory selling to like how the business that sold the tools to mine for gold during the gold rush
That’s a nice trend as well.
i was able to grab 5k more on this dip to bring my total to 130k at a .15 average
Im still at that point that if we fall back into the .30s it is ok and gives me a chance to pick up some more without killing my average even more which originally was .1355
and if it follows the uptrend that’s good too and i continue to ride my shares to $1
Im still pissed i missed my chance to sell half at .52 tuesday due to TDamericrade apps crashing but im not really one to flip or day trade. I just don’t have the time.
but that was a good opportunity to sell some and then buy back later for much cheaper. Saw it knew it was coming and due to TD i couldn’t.
Wow that’s some good positive analysis they did
they did this at .20 for a few days till it broke and took off
have a feeling same will happen next week
Gapping up
Bid .41
Ask .4597
yeah it keeps trying to get over .38 but hitting some bumps
would really like to see a close at .40 or above but will take even .39 if we can get there
the real big question is what will happen tomorrow? do we continue on the down slope or trade sideways or recover some and go up
added 5k at .38
I thought the push down was over and .38 was our uplift point but I guess they are not done messing with this ugh
It looks like it’s trying to come back up..
hopefully we hit bottom and get alittle bit more back before closing
Oh well markets are up, most pot stocks are up, but this is getting knocked down lower and lower
unfortunately i couldn’t sell any of mine yesterday due to TD not working yesterday morning
people are calling for a class action lawsuit against them.
im still very up and green with this but it’s depressing to see all my potential profits disappear more each day.
Im past the point of selling
lost that chance yesterday
so now i just wait and will add more when ever this hits bottom
I saw that a few times also
I just thought it was a race to sell because the markets were shit yesterday
i am furious with TD ameritrade
I tried to sell some of my shares this morning at 52 and then I get a 50 but TD Ameritrade app crashed both of them were lagging crashing when I finally went to the website on my computer it was extremely slow and already price dropped into the 40s and missed my opportunity
i’ve been trying to call them to complain and it’s a 45 min to an hour long hold time
obviously there’s something wrong with their system this morning it’s finally back up but now it’s too late I lost my opportunity because of their platform
did TD Ameritrade give anybody else problems this morning specifically the abs for the phone or slowness on the website?
Well atleast the RSI reset lol 7 steps forward and if we have a 1 step back today to reset the rsi that’s fine with me :)
Bid .5759
getting another premarket jump
Wow looking good premarket again
Bid .55
and premarket futures showing a bad red day today and yet we continue our up trend
Looking Good!
LOL way ahead of schedule but still holding a excellent stair stepping chart
couldn’t ask for anything better.
At this rate we will be $1 in 2 weeks
High Tide (HITIF) That, my friends, is what is called orderly "stair-stepping." It is also called stock chart perfection. No parabolic, "chart breaking" moves
excellent long stock with amazing fundamentals
do some DD and you will see this will be $1 next month and then beyond with financials in march and uplist to nasdaq later this year.
get your shares while they are still under a buck!!!
High Tide (HITIF) That, my friends, is what is called orderly "stair-stepping." It is also called stock chart perfection. No parabolic, "chart breaking" moves
excellent long stock with amazing fundamentals
do some DD and you will see this will be $1 next month and then beyond with financials in march and uplist to nasdaq later this year.
get your shares while they are still under a buck!!!
ahh yes true OK thanks
guess we will be above a $1 by time that s ready and that shoots us to $2
oh boy
i hope i have the guts to hold over a $1
Boy what a nice close at .53
i kinda wanted a .51 or 52 close but guess i will take .53
RSI is still at ok at 90.84
awesome i like both of them and this is all without even factoring in the coming release of the new earnings
Does anyone know what date they posted the earnings this time last year? I feel like it’s been close to three months since the last earnings post or getting close to it
A Rising Tide Will Lift All Boats...and Blast This One to the Moon 01/17/2021 Stonks Rising by byu/raw_salmon and Penniless Reddit High Tide Inc ($HITIF/$HITI) - A Rising Tide Will Lift All Boats...and Blast This One to the Moon ???????????????????????? DD It's not every day you find a promising penny stock before it pops, and if you've been looking for one then you're gonna want to read this. I've been wanting to write a definitive DD post for this stock for a while but haven't had the time until now. There's been a few good posts about it but none have gotten the attention they deserve. A month ago, I learned about HITIF from a Reddit thread, thought it was too good to be true, spent 2 full days of research trying to find something wrong with it...and couldn't. This penny stock is already incredibly undervalued based on current fundamentals without even considering its future growth plans. This isn't speculative; HITIF popping to the $2-5+ range is a matter of when, not if. If you don't believe me, read below. All dollar figures are in USD Date: Jan 18, 2021 Current Share Price: $0.21 Market Cap: $95.5 Million Number of Shares: 449,400,000 Shares (JohnCM note: If HT is at $0.40 at time of unlisting to NASDAQ, a reasonable reverse split would be 1 for 12 resulting in $4.80 per share and 37,500,000 million shares outstanding). What is High Tide Inc.? High Tide Inc. is a manufacturer, distributor, and retailer of cannabis products and accessories based out of Canada. HITIF prides itself with being the "One Stop Shop of Cannabis" in Canada, with an unmatched store inventory selection and over a decade of experience in the industry. Okay, so what? Why should I care about this stock? I got tons of excellent reasons why, and most of them are based on current fundamentals instead of speculation: HITIF is massively undervalued, has amazing financials/balance sheet, and an all-but-guaranteed future of exponential growth. HITIF is currently the LARGEST single cannabis retailer in Canada in terms of revenue, with 23% of its revenue from the US.(JohnCM note: Trying to find the business revenue that is taking place in the U.S.). HITIF just turned a profit in Q3 2020, with a $3.36M net income and 180% increase in revenue year-over-year. (JohnCM note: I'll have to take another look at the quarterly. Hard to believe that they were actually net positive in earnings). HITIF recently acquired Meta Growth Corp., almost doubling its store count from 37 stores to 67 stores (This hasn't even been reflected in an earnings report yet). Post-merger, HITIF earned $117M in revenue ttm with its CURRENT assets (Q3 2020 annualized with Meta Growth numbers included). This $117M revenue estimate brings its P/S ratio to 0.82, which is exceptional and a strong indicator that this stock is undervalued. HITIF will almost double its current store count from 67 stores to 115 stores by the end of 2021. The majority of these new stores will be in Ontario, which is Canada's largest cannabis market and has been mostly untapped by HITIF so far. HITIF has strong vertical integration (design, manufacturing, distribution, and retail) and a 41% gross margin. HITIF has secured several licensing deals for its accessories (Snoop Dogg, Trailer Park Boys, Kevin Smith, Guns N' Roses, etc.). HITIF has great management that has proven it can execute and has consistently reduced operating expenses vs gross revenues year after year, thus maximizing profit. This proven track record of profit optimization will undoubtedly encompass their newly-acquired Meta Growth assets and upcoming 2021 stores. Their CEO Raj Grover has even done a Reddit AMA. HITIF will focus on expansion in the US after it's done with the Ontario market, and the industry as a whole will benefit from a presidency, house, and senate that is controlled by Democrats. With 23% of their revenue already coming from the US, HITIF should have little difficulty expanding their US operations further after legalization increases. Aphria and Aurora Cannabis are invested in HITIF. HITIF is the first in its sector to apply for the NASDAQ and will likely get uplisted, which will bring in institutional investors and skyrocket this thing. Some are concerned that HITIF doing a reverse split to get uplisted to the NASDAQ will hurt the share price. Here's my counterargument: HITIF is now profitable. They have a sustainable balance sheet that will only continue to improve. Though some retail investors will get scared and sell, this will be nothing compared to the amount of buying from larger investors once it gets more visibility from the uplisting. A small dip from a reverse split is possible but will quickly get overshadowed by the whales. I'm not concerned about this as the pros far outweigh any cons. Most companies that reverse split do it to stay in the NASDAQ because of poor financials. HITIF is the opposite of that. The uplisting is GOOD. (JohnCM note: It is true that reverse splits are usually bad news, but if the company is in good shape, and this gets them to the NASDAQ, if can be a good thing. And resulting in a low O/S number). Don't just take it from me. Here's an investment firm saying that HITIF has the best balance sheet in the Canadian cannabis retail sector: https://www.bnnbloomberg.ca/video/bruce-campbell-discusses-high-tide-inc~1899753 Bullish article from Seeking Alpha (this economist/mathematician has price targets up to $4.80): https://seekingalpha.com/article/4396195-high-tide-is-blazing-trail-and-is-why-you-should-buy I'm currently holding 107,000 shares and will continue to buy more. (JohnCM note: 100,000 shares here). TLDR: Buy and hold HITIF because it will ????????????????????????????????????????????????????????
A Rising Tide Will Lift All Boats...and Blast This One to the Moon 01/17/2021 Stonks Rising by byu/raw_salmon and Penniless Reddit High Tide Inc ($HITIF/$HITI) - A Rising Tide Will Lift All Boats...and Blast This One to the Moon ???????????????????????? DD It's not every day you find a promising penny stock before it pops, and if you've been looking for one then you're gonna want to read this. I've been wanting to write a definitive DD post for this stock for a while but haven't had the time until now. There's been a few good posts about it but none have gotten the attention they deserve. A month ago, I learned about HITIF from a Reddit thread, thought it was too good to be true, spent 2 full days of research trying to find something wrong with it...and couldn't. This penny stock is already incredibly undervalued based on current fundamentals without even considering its future growth plans. This isn't speculative; HITIF popping to the $2-5+ range is a matter of when, not if. If you don't believe me, read below. All dollar figures are in USD Date: Jan 18, 2021 Current Share Price: $0.21 Market Cap: $95.5 Million Number of Shares: 449,400,000 Shares (JohnCM note: If HT is at $0.40 at time of unlisting to NASDAQ, a reasonable reverse split would be 1 for 12 resulting in $4.80 per share and 37,500,000 million shares outstanding). What is High Tide Inc.? High Tide Inc. is a manufacturer, distributor, and retailer of cannabis products and accessories based out of Canada. HITIF prides itself with being the "One Stop Shop of Cannabis" in Canada, with an unmatched store inventory selection and over a decade of experience in the industry. Okay, so what? Why should I care about this stock? I got tons of excellent reasons why, and most of them are based on current fundamentals instead of speculation: HITIF is massively undervalued, has amazing financials/balance sheet, and an all-but-guaranteed future of exponential growth. HITIF is currently the LARGEST single cannabis retailer in Canada in terms of revenue, with 23% of its revenue from the US.(JohnCM note: Trying to find the business revenue that is taking place in the U.S.). HITIF just turned a profit in Q3 2020, with a $3.36M net income and 180% increase in revenue year-over-year. (JohnCM note: I'll have to take another look at the quarterly. Hard to believe that they were actually net positive in earnings). HITIF recently acquired Meta Growth Corp., almost doubling its store count from 37 stores to 67 stores (This hasn't even been reflected in an earnings report yet). Post-merger, HITIF earned $117M in revenue ttm with its CURRENT assets (Q3 2020 annualized with Meta Growth numbers included). This $117M revenue estimate brings its P/S ratio to 0.82, which is exceptional and a strong indicator that this stock is undervalued. HITIF will almost double its current store count from 67 stores to 115 stores by the end of 2021. The majority of these new stores will be in Ontario, which is Canada's largest cannabis market and has been mostly untapped by HITIF so far. HITIF has strong vertical integration (design, manufacturing, distribution, and retail) and a 41% gross margin. HITIF has secured several licensing deals for its accessories (Snoop Dogg, Trailer Park Boys, Kevin Smith, Guns N' Roses, etc.). HITIF has great management that has proven it can execute and has consistently reduced operating expenses vs gross revenues year after year, thus maximizing profit. This proven track record of profit optimization will undoubtedly encompass their newly-acquired Meta Growth assets and upcoming 2021 stores. Their CEO Raj Grover has even done a Reddit AMA. HITIF will focus on expansion in the US after it's done with the Ontario market, and the industry as a whole will benefit from a presidency, house, and senate that is controlled by Democrats. With 23% of their revenue already coming from the US, HITIF should have little difficulty expanding their US operations further after legalization increases. Aphria and Aurora Cannabis are invested in HITIF. HITIF is the first in its sector to apply for the NASDAQ and will likely get uplisted, which will bring in institutional investors and skyrocket this thing. Some are concerned that HITIF doing a reverse split to get uplisted to the NASDAQ will hurt the share price. Here's my counterargument: HITIF is now profitable. They have a sustainable balance sheet that will only continue to improve. Though some retail investors will get scared and sell, this will be nothing compared to the amount of buying from larger investors once it gets more visibility from the uplisting. A small dip from a reverse split is possible but will quickly get overshadowed by the whales. I'm not concerned about this as the pros far outweigh any cons. Most companies that reverse split do it to stay in the NASDAQ because of poor financials. HITIF is the opposite of that. The uplisting is GOOD. (JohnCM note: It is true that reverse splits are usually bad news, but if the company is in good shape, and this gets them to the NASDAQ, if can be a good thing. And resulting in a low O/S number). Don't just take it from me. Here's an investment firm saying that HITIF has the best balance sheet in the Canadian cannabis retail sector: https://www.bnnbloomberg.ca/video/bruce-campbell-discusses-high-tide-inc~1899753 Bullish article from Seeking Alpha (this economist/mathematician has price targets up to $4.80): https://seekingalpha.com/article/4396195-high-tide-is-blazing-trail-and-is-why-you-should-buy I'm currently holding 107,000 shares and will continue to buy more. (JohnCM note: 100,000 shares here). TLDR: Buy and hold HITIF because it will ????????????????????????????????????????????????????????
yes i show .55 on TD and 25k volume
awesome thank you
I see that! looking really good!
question about charts
when viewing the rsi
which time line do you go by?
cause the rsi is different for each time period
1 day ?
5 day? 1 month ? 3 month?
Stair stepping out way to $1
i keep saying i wish i loaded up more
at 125k shares and still want more and each day a wait for this check deposit to clear and become available it keeps getting more expensive lol
it’s a win win either way
yes i see that too
i learned how to read the charts uber the weekend lol
rsi is holding at 88.5
still staying in the bubble
if we stay in that range and close like you said it sets us up nice for tomorrow
This is exactly what i expect will happen with 1 or 2 red or even days thrown in there on that climb up
OK great thank you my friend is always a little drunk and drinks a lot so I wasn’t sure he was reading the chart correctly that’s why I wanted to double check with you lol
Yeah I’m a little hesitant to try and sell half and buy them back on a dip but that dip the other day was not much of a dip.
My friend took a look at the chart today and said the RSi is just about hitting a100?
but he likes the way the chart is going it’s staying in the bubble and it’s climb
That little dip to just under .32 was a nice opportunity .. i thought we were going down to .30 so i waited but bounced back off just below .32
im too nervous to sell any of my pile and try and buy back on the dips
it would be my luck that upon selling some i miss the buy back on dip and it takes off lol
yeah usually when a group or flippers flock to a stock they post like crazy
Since we don’t have many posting then you are right these guys still have no idea yet or maybe just watching and haven’t moved on it yet
A Rising Tide Will Lift All Boats...and Blast This One to the Moon 01/17/2021 Stonks Rising by byu/raw_salmon and Penniless Reddit High Tide Inc ($HITIF/$HITI) - A Rising Tide Will Lift All Boats...and Blast This One to the Moon ???????????????????????? DD It's not every day you find a promising penny stock before it pops, and if you've been looking for one then you're gonna want to read this. I've been wanting to write a definitive DD post for this stock for a while but haven't had the time until now. There's been a few good posts about it but none have gotten the attention they deserve. A month ago, I learned about HITIF from a Reddit thread, thought it was too good to be true, spent 2 full days of research trying to find something wrong with it...and couldn't. This penny stock is already incredibly undervalued based on current fundamentals without even considering its future growth plans. This isn't speculative; HITIF popping to the $2-5+ range is a matter of when, not if. If you don't believe me, read below. All dollar figures are in USD Date: Jan 18, 2021 Current Share Price: $0.21 Market Cap: $95.5 Million Number of Shares: 449,400,000 Shares (JohnCM note: If HT is at $0.40 at time of unlisting to NASDAQ, a reasonable reverse split would be 1 for 12 resulting in $4.80 per share and 37,500,000 million shares outstanding). What is High Tide Inc.? High Tide Inc. is a manufacturer, distributor, and retailer of cannabis products and accessories based out of Canada. HITIF prides itself with being the "One Stop Shop of Cannabis" in Canada, with an unmatched store inventory selection and over a decade of experience in the industry. Okay, so what? Why should I care about this stock? I got tons of excellent reasons why, and most of them are based on current fundamentals instead of speculation: HITIF is massively undervalued, has amazing financials/balance sheet, and an all-but-guaranteed future of exponential growth. HITIF is currently the LARGEST single cannabis retailer in Canada in terms of revenue, with 23% of its revenue from the US.(JohnCM note: Trying to find the business revenue that is taking place in the U.S.). HITIF just turned a profit in Q3 2020, with a $3.36M net income and 180% increase in revenue year-over-year. (JohnCM note: I'll have to take another look at the quarterly. Hard to believe that they were actually net positive in earnings). HITIF recently acquired Meta Growth Corp., almost doubling its store count from 37 stores to 67 stores (This hasn't even been reflected in an earnings report yet). Post-merger, HITIF earned $117M in revenue ttm with its CURRENT assets (Q3 2020 annualized with Meta Growth numbers included). This $117M revenue estimate brings its P/S ratio to 0.82, which is exceptional and a strong indicator that this stock is undervalued. HITIF will almost double its current store count from 67 stores to 115 stores by the end of 2021. The majority of these new stores will be in Ontario, which is Canada's largest cannabis market and has been mostly untapped by HITIF so far. HITIF has strong vertical integration (design, manufacturing, distribution, and retail) and a 41% gross margin. HITIF has secured several licensing deals for its accessories (Snoop Dogg, Trailer Park Boys, Kevin Smith, Guns N' Roses, etc.). HITIF has great management that has proven it can execute and has consistently reduced operating expenses vs gross revenues year after year, thus maximizing profit. This proven track record of profit optimization will undoubtedly encompass their newly-acquired Meta Growth assets and upcoming 2021 stores. Their CEO Raj Grover has even done a Reddit AMA. HITIF will focus on expansion in the US after it's done with the Ontario market, and the industry as a whole will benefit from a presidency, house, and senate that is controlled by Democrats. With 23% of their revenue already coming from the US, HITIF should have little difficulty expanding their US operations further after legalization increases. Aphria and Aurora Cannabis are invested in HITIF. HITIF is the first in its sector to apply for the NASDAQ and will likely get uplisted, which will bring in institutional investors and skyrocket this thing. Some are concerned that HITIF doing a reverse split to get uplisted to the NASDAQ will hurt the share price. Here's my counterargument: HITIF is now profitable. They have a sustainable balance sheet that will only continue to improve. Though some retail investors will get scared and sell, this will be nothing compared to the amount of buying from larger investors once it gets more visibility from the uplisting. A small dip from a reverse split is possible but will quickly get overshadowed by the whales. I'm not concerned about this as the pros far outweigh any cons. Most companies that reverse split do it to stay in the NASDAQ because of poor financials. HITIF is the opposite of that. The uplisting is GOOD. (JohnCM note: It is true that reverse splits are usually bad news, but if the company is in good shape, and this gets them to the NASDAQ, if can be a good thing. And resulting in a low O/S number). Don't just take it from me. Here's an investment firm saying that HITIF has the best balance sheet in the Canadian cannabis retail sector: https://www.bnnbloomberg.ca/video/bruce-campbell-discusses-high-tide-inc~1899753 Bullish article from Seeking Alpha (this economist/mathematician has price targets up to $4.80): https://seekingalpha.com/article/4396195-high-tide-is-blazing-trail-and-is-why-you-should-buy I'm currently holding 107,000 shares and will continue to buy more. (JohnCM note: 100,000 shares here). TLDR: Buy and hold HITIF because it will ????????????????????????????????????????????????????????
A Rising Tide Will Lift All Boats...and Blast This One to the Moon 01/17/2021 Stonks Rising by byu/raw_salmon and Penniless Reddit High Tide Inc ($HITIF/$HITI) - A Rising Tide Will Lift All Boats...and Blast This One to the Moon ???????????????????????? DD It's not every day you find a promising penny stock before it pops, and if you've been looking for one then you're gonna want to read this. I've been wanting to write a definitive DD post for this stock for a while but haven't had the time until now. There's been a few good posts about it but none have gotten the attention they deserve. A month ago, I learned about HITIF from a Reddit thread, thought it was too good to be true, spent 2 full days of research trying to find something wrong with it...and couldn't. This penny stock is already incredibly undervalued based on current fundamentals without even considering its future growth plans. This isn't speculative; HITIF popping to the $2-5+ range is a matter of when, not if. If you don't believe me, read below. All dollar figures are in USD Date: Jan 18, 2021 Current Share Price: $0.21 Market Cap: $95.5 Million Number of Shares: 449,400,000 Shares (JohnCM note: If HT is at $0.40 at time of unlisting to NASDAQ, a reasonable reverse split would be 1 for 12 resulting in $4.80 per share and 37,500,000 million shares outstanding). What is High Tide Inc.? High Tide Inc. is a manufacturer, distributor, and retailer of cannabis products and accessories based out of Canada. HITIF prides itself with being the "One Stop Shop of Cannabis" in Canada, with an unmatched store inventory selection and over a decade of experience in the industry. Okay, so what? Why should I care about this stock? I got tons of excellent reasons why, and most of them are based on current fundamentals instead of speculation: HITIF is massively undervalued, has amazing financials/balance sheet, and an all-but-guaranteed future of exponential growth. HITIF is currently the LARGEST single cannabis retailer in Canada in terms of revenue, with 23% of its revenue from the US.(JohnCM note: Trying to find the business revenue that is taking place in the U.S.). HITIF just turned a profit in Q3 2020, with a $3.36M net income and 180% increase in revenue year-over-year. (JohnCM note: I'll have to take another look at the quarterly. Hard to believe that they were actually net positive in earnings). HITIF recently acquired Meta Growth Corp., almost doubling its store count from 37 stores to 67 stores (This hasn't even been reflected in an earnings report yet). Post-merger, HITIF earned $117M in revenue ttm with its CURRENT assets (Q3 2020 annualized with Meta Growth numbers included). This $117M revenue estimate brings its P/S ratio to 0.82, which is exceptional and a strong indicator that this stock is undervalued. HITIF will almost double its current store count from 67 stores to 115 stores by the end of 2021. The majority of these new stores will be in Ontario, which is Canada's largest cannabis market and has been mostly untapped by HITIF so far. HITIF has strong vertical integration (design, manufacturing, distribution, and retail) and a 41% gross margin. HITIF has secured several licensing deals for its accessories (Snoop Dogg, Trailer Park Boys, Kevin Smith, Guns N' Roses, etc.). HITIF has great management that has proven it can execute and has consistently reduced operating expenses vs gross revenues year after year, thus maximizing profit. This proven track record of profit optimization will undoubtedly encompass their newly-acquired Meta Growth assets and upcoming 2021 stores. Their CEO Raj Grover has even done a Reddit AMA. HITIF will focus on expansion in the US after it's done with the Ontario market, and the industry as a whole will benefit from a presidency, house, and senate that is controlled by Democrats. With 23% of their revenue already coming from the US, HITIF should have little difficulty expanding their US operations further after legalization increases. Aphria and Aurora Cannabis are invested in HITIF. HITIF is the first in its sector to apply for the NASDAQ and will likely get uplisted, which will bring in institutional investors and skyrocket this thing. Some are concerned that HITIF doing a reverse split to get uplisted to the NASDAQ will hurt the share price. Here's my counterargument: HITIF is now profitable. They have a sustainable balance sheet that will only continue to improve. Though some retail investors will get scared and sell, this will be nothing compared to the amount of buying from larger investors once it gets more visibility from the uplisting. A small dip from a reverse split is possible but will quickly get overshadowed by the whales. I'm not concerned about this as the pros far outweigh any cons. Most companies that reverse split do it to stay in the NASDAQ because of poor financials. HITIF is the opposite of that. The uplisting is GOOD. (JohnCM note: It is true that reverse splits are usually bad news, but if the company is in good shape, and this gets them to the NASDAQ, if can be a good thing. And resulting in a low O/S number). Don't just take it from me. Here's an investment firm saying that HITIF has the best balance sheet in the Canadian cannabis retail sector: https://www.bnnbloomberg.ca/video/bruce-campbell-discusses-high-tide-inc~1899753 Bullish article from Seeking Alpha (this economist/mathematician has price targets up to $4.80): https://seekingalpha.com/article/4396195-high-tide-is-blazing-trail-and-is-why-you-should-buy I'm currently holding 107,000 shares and will continue to buy more. (JohnCM note: 100,000 shares here). TLDR: Buy and hold HITIF because it will ????????????????????????????????????????????????????????