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Buying opportunity, thank you very much.
Sorry, I was not trying to attack to and I understand completely, stick to what works and I am still trying to figure that out. I guess, I was asking, which fundamentals changed for you to drop Harvest and what about Steve White changed your mind?
For the record, I am still in my first year of real trading so I know I have a ton to learn. My question though, is how can you base Harvests 2019 on anything? Only 4 out 440 publicly listed companies went up. So, if 99% of the sector went down, how can anyone say Harvest has skeletons. They all do. They all looked like garbage over the last 10 months.
Most of us are here for the long term and the growth of the sector that we loved so much back in March, has anything changed beside the sector getting a reset? Yes, profits are king. How many of these companies are profitable yet? Also, not one of the major Canadian companies, nor any American company (outside of Trulieve) is profitable. So how can anyone hold that against Harvest?
To me, we are still very much in the speculation game with this entire sector. How does Harvest stack up against its competition? They rank 2nd or 3rd (license/potential) in the biggest weed market in the world.
Yes, Harvest has some problems. Aphria had major problems a year ago. Trulieve is in a battle. Sundial was selling weed with mold and gloves in it. Those 3 companies are still considered in the top 10% to own.
Yes, this sector has been frustrating and yes, not one of these companies are spotless, but hasn’t the negativity proven to be only a short term problem with every company? Heck, Canntrust looks like they’ll get their license back.
So, hate on Harvest all anyone of you want, I’ll stick with my long term outlook, keep buying these dirt cheap opportunities and laugh down the road when this sector just keeps growing.
Almost every time I go the the legal weed store, I am anywhere from 5th to 30th in line. Most people do not have a dealer and the most money to gain for this industry, will be the millions of new comers who enter these stores.
How many times in the past year or two, have been the only one in the weed store? Zero. These places are packed with all different walks of life. The illegal sector is a dying industry but it will take time. Once again, patience wins this race.
If Harvest really does 700 million to 1 Billion this year with a 10% EBITA like they said they would do in 2020, do they really need a R/S?
Their last statement was that they are not going to put a timeline on it. The previous statement was the end of January. Harvest did just hire the COO from Verano and put him on their board a little over a week ago.
Added 2,000 shares today to top it off at 10,000. I wish it was 100,000 but hey, I’ll take. ALPP is a sleeping giant and I got my ticket to RIDE!
You are correct, they certainly did. This can be said for EVERY SINGLE CANNABIS STOCK out there. They are ALL in the share dilution game due to money restrictions and expansion being so important. How else are these companies supposed to expand when expansion is a MUST and banks can not lend money to them?
The real question is, which companies will come out of this on top? Most likely, the ones that have a product that people are buying more then others. Kona Gold falls into this category.
Go ahead, talk about share dilution from months ago. I'll talk about 1850% year over year growth that was reported weeks ago.
Anyone in this sector who is not here for the long haul, should run. For those of us here for the next 5-10 years, there has not been a better buying opportunity since July of 2017.
I think we get the positive cash flow part. It's the patience that people are lacking. REAL companies take time to grow and people here don't have the fortitude to stick it out. Typical these days. "I want it NOW! And I want it all!"
You've only stated your opinion where as, most every one else has stated facts. Opinions mean absolutely jack squat. If you really are trying to be genuine, maybe back up your opinion with how you came to that conclusion? Facts usually help in these cases.
And that right there is the most honest and well reported message in this entire thread. The rest are written with hopes and deception.
It’s one day dude, slow your roll. The smart ones see the big picture.
Exactly, no one is getting mine for under $5.00. Whether that is tomorrow or 3 years from now is the only question.
Thank you Demi!
Those questions equal a giant heap of speculation. Who knows and if someone answers those questions with certainty, they’re lying.
What are the winning numbers for next weeks Power Ball?
Will the Seahawks cover the spread against the Vikings next week?
What year will half of Florida be under water?
Piece of advice, Investor Hub is not the best place to do your DD. How about, enjoy the 56% gain today and hope this trend continues.
More then doubled my share count @ .19 today, thank you baby JESUS!
Hopefully the .0501 drop after market is BS and if it is not? Obvious manipulation by the shorts.
Etrade has the close at .216 and dropping .05 after market. Is that right?
Time stamp 2024....
“I use to tell your dad to stop investing money and save it. Thank God he never listens to me because this house was bought and paid for by him investing in ALPP.”
P.S. I am not seeing anymore people on here talking about ALPP being a scam or ‘it’s going to .04 again’.
I see “last chance” every single day. Tomorrow, last chance. Really, today is the last chance.
If this thing is driven down again tomorrow, the day before the SHM, will be a ugly sign. Tomorrow, really is the tell all day.
It was pushed back 6 months. May 14th 2020.
https://www.prnewswire.com/news-releases/harvest-health--recreation-inc-shareholders-agree-to-six-month-extension-of-lock-up-period-300959151.html
Come on MAN!!! It went up 50% today, sorry it wasn't 66%. Dzanier, you're sounding like the glass is half empty.
Just keep buying on days like this and it will all work out magically in the end.
ALPP = early retirement
It is possible but you need to look into the financials and come up with a REAL value for any company you buy. If you do that with ALPP, you'll see they are still HIGHLY undervalued to their 2019 financials. So, whether groups of people are hiking and driving down, it doesn't matter for the short term.
Thank you DOWS
That was no ordinary trade. How does 5K shares bring it down .07?
The entire sector is in the trash but we all know, this is the start of something big. Whether Harvest/Steve sells the company or expands it, those who bought in the 2’s will be very happy once the sector turns around.
Only if you get stuck with the dump portion.
THall, this is a SCAM. As well as DCGD, CNHW, SBES. They are all pump and dumps. These jokers are probably coked out of their minds and mid 20's.
A definite scam. Same with DCGD, HMLA, which appear to be the same people. Lets see how good they are though? .002, that's all you guys got?
Because it is Aurora USA. Many think that they will use Australis to acquire their THC side of the U.S. market. Also, provide the UFC with the THC side of Auroras deal with them. Their plan was for a 50,000 sq. ft. building in Nevada before that deal (UFC) but now it is 300,000 afterwards. A lot of people think Aurora could use Australis to acquire a big MSO in the US, unlike Canopy did with Rivers on the Acreage deal.
Also, they are a ETF kind of company. They invest in companies they think will be big.
Zenabis is a giant in the making. 2.1 million sq. ft. of growing greenhouse capacity should have this thing flying at some point. Their moves to get 40 and 10 million on the side and not diluting was a great move....for us investors.
Side note, the CEO will not take 1 dollar of compensation until the stock hits $3.00. Also, the old warrants were for $2.50.
Once Langley complete and licenses have been awarded, Zenabis will have almost 600,000 KG's. This is a multi billion dollar company in the making.
Even if the rumor turns out to be false, Aleafia will reach it's high of $3.65 and more once the sector has a bull run. Their license they received in mid July has them at full 1.1 million sq. ft. capacity now.
Thank you Zoomaway and ZoomedOut! Where is the exit now, 0.10, 0.50, 1.00?
I just read the old board and yes you certainly did call this. I just got in and it is looking like a the perfect time. Agra to the MOON! Hopefully.
Hey June,
You know about as much as I do. What I can add and what has come under investigation in the Cincinnati case, is exactly what you have stated. Harvest was/is a 49.9% backer to a minority man (50.1%) who applied and received the license in question. The hiccup and question of this mans "disadvantaged" status is because of Harvest backing him (49.9%).
Personally, I believe this is only a hiccup and only 1 of many bumps along the way in this growing industry. Due to licenses being "gold" and very hard to get, ALL companies are finding and using all loopholes to win.
Harvest holds 120-140 licenses. Only 2 are in question. Yes, this could be a blow but it is nothing major and in the grand scheme of things (1-10 years down the road), nothing to worry about.....In my opinion.
I am sick and tired of "buying opportunities".
What do you guys think is going to be the catalyst that turns this 2-3 month blood bath around?
So what do you think Dan? What is going to turn this 2-3 month blood bath around in the cannabis sector? Personally, I don't think it is the legalization of edibles in Canada on Oct. 17th like a lot of people do.
Also, who the heck is manipulating Zenabis every morning? How many shares are they buying and selling to make this thing open at $1.51 today and then drop to $1.24 immediately. Every day, Zena opens up 30 to 50 cents higher but falls flat on its face.
#I'M TIRED OF BUYING OPPORTUNITIES!!!
Not sure about that. Last week is looking more like a dead cat bounce and we are about to see a double bottom. A few more weeks to go ladies and gentlemen, hang in there. The green days are a comin.
Yeah, I'm holding until at least $10 but I think we have a shot at 40 or 50 over the next 5 years. Holding long and strong but it would be nice to maneuver these dips and come out the other side with more shares.
Still here Dan but I think it is only us at this party. Have you been able to sale any of your shares when this thing has been at $2.20 or $2.00? Unfortunately, my sales haven't gone through.