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.
They are not going to RS they have no share limit... The only reason they should RS is if they turn profitable and want to gain exposure to large investors. Read about Canadian stocks, they don't have to have an authorized share cap. They do dilute but they also aggressively expand so you should be buying dips or just wait for the turning point and average down once they have made some profits.
Thinking about backing the truck up here... Can't imagine there being a lot more downside with sales growth YOY two years in a row and edging closer to profits.
Lol... yea that is funny what makes it dead? Stores keep selling more and more, if they take the gas off expansion and just operate on their current structure of stores they will be making several million a year I am guessing about $5-7million based on yesterdays news. However they have plans to keep expanding and growing the brands eCommerce portion will net them higher margins.
Slightly reduced from .12 but either way 100% from where we sit today. I would say it is fair based on the dilution that occurred to open new stores and delays from COVID and contractors.
Sounds sarcastic... but filing official audited financials is pricey... and they are fairly easy to vet since they are mostly brick and mortar stores with some delivery capabilities, also easy to vet.
Those numbers will prove correct after audits.
Grabbing a bit more at these levels... should see roughly .08 soon
Yeah they're definitely bleeding this down... If you can't take the risk then don't. Should see the upswing happen and be able to rebuy it... It's bothering me that they have nice growth and new e commerce but still no movement
They're having trouble executing the plan bc of the slow process for approval... With the new delivery and e-commerce regulations they're poised quite nicely. Hold and grab more before the end of this year.
This seems like a bottom... Can't imagine the market not giving some uplift to Canada retail market after recently changing the rules in B.C.
Only if the reverse split is done to keep the stock afloat. If it is trading fine on its own there is little reason to expect a huge sell off. They are unfortunately in a weird position here bc they need to keep their leases going until they get approval to open the store. Red tape in Canada for retail is slow. That is why the dilution and decline in SP. I would certainly look to average down as they are getting close to being profitable once those leases start becoming revenue generating instead of a constant burn each month. IMO at least. I agree RS typically are bad but if the company has a track record of revenues it is not as bad... profits and RS means more eyes so that is all well and good too. Keep the faith but you should likely follow Aurora's lead and average down. They tripled their position I think.
Looking at the fundamentals I would assume they can make a profit month after month with only a few more stores open. Remember right now they are burning capital to keep lease agreements in place for their potential stores and Canada has shit laws for obtaining permits to open stores. We should see some great growth in SP once the stores are open and the leases start to generate a profit for the balance sheet. 48 stores in front of them but they are backed by a huge supplier in Canada so I imagine they will have better products then the stores opening in front of them ... Seems like it could take another 6 months before they open in Ontario based on speed of their permit department.
Yeah I believe they are burning Capital waiting for stores to open...
I just have a feeling this one is about to make some moves
I think it's making a short term move based on the dilution... They are heavily invested in by one of Canada's largest pot companies so I expect growth for the next few years
Gross Profit Annually (in $1,000's):
5,460 in 2020
4,665 in 2019
4,690 in 2018
3,237 in 2017
Yeah I like the look of that with a nice contract for more sales this year... A spike did already occur however it has returned to where I think a buy in is now reasonable. Touched almost 40 cents a few months back and is trading at 12 cents now... this will run this year.
Nuclear medicine supplies the most useful diagnostic or treatment information for many diseases. A nuclear medicine scan is less expensive and may yield more precise information than exploratory surgery.
That's why I like this stock... $INIS looking good for this year... Added a few sheckles today in case the breakout happens fast but I expect a slow rise and solid sales through the next 5 years. Competition is moderate but they have a chance to make a ton of money as diagnostic products further their demand in the medical community.
The global nuclear medicine market size was valued at USD 6.1 billion in 2019 and is estimated to witness a CAGR of 9.5%during the forecast period. Rising incidence of cancer is one of the major factors expected to boost the market for nuclear medicine.
Here is a look at latest recap of filing...
https://intisoid.com/wp-content/uploads/2021/05/INIS-2021-1st-Q-PR-Final.pdf
Been following for some time... This trend is starting to turn up.
87 huh.... I was thinking in the 40s but hey either way.
Time to buy. Looking at great open if some news would drop. Revs moving up nicely and hopefully with ecommerce launch the will drop profits in a filing.
$CHOOF $CHOOF train coming.
Slowly dying down but will the news be enough to keep it pushing upwards. Sure seems like a good bet to grab around this level, hold for a quarter or two.
This setup looking really nice. Now if there was only a bit of news to go along with it.
Sure did. 13 an 14 I added to the position
Fake scare tactic: Let's see what default means... This is from NV SoS website FAQs
What happens if I let my entity go into default and/or revocation by not filing an annual list or business license renewal?
After one year, all default entities go into revoked status. In order to reinstate an entity, all back fees and penalties, including the business license fee, must be paid.
So they still got a year and even then they can simply refile and pay whenever they are ready.
Now 78 million
72 million at 5.. not much action on it... Yet
Lot's sitting at 5
4/5 is up
17 million left at .0004. Let's see what happens if it breaks through for the third time. News would be cool too. Wink wink.
A low test here with lots of bid support is needed IMO.
How many were still left at EOD? I wasn't watching the close but I saw quite a few million went through at .0004 towards the end of the day, as well throughout the day.
It's like 12 bucks how broke can people be to need to split that.
Not going well but I think there is enough justification to add to position here... I am rebuying now.
Anyone else see a pattern here... Lots of volume ... no news.... then volume pulls back but price stays at the elevated level. Seems like a float lockup.
Now of course this could be MMs purging shares as well incase of delisting. Just doesn't make sense the SP should have fallen to .0001/.0002 if MMs were unloading.
I'm thinking MYDX is going to make a play here under the new administration and potential for legalization on national level.
Open is looking like a gap up... wait to buy until like 10:30 or so if you are starting a new position. There are more eyes on this today so it could be a gap and go .... likely MMs will try to trigger stop losses so expect them to play with downward price movement during a lull in trading.
GLTA
Thanks... great report. Looking forward to a dip so I can re-up on shares.
Yeah I pulled half of my position back today. Let's see what tomorrow brings. GL.
Yeah but where is the exit... I took half out to cover investment and income but hanging on to the other half for more information