Trade your own trade. Not someone elses'
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Jim Cramer is wrong all most all the time. LHSIF is doing just fine. We have a shot at a doji sandwich today. Will we get it? We are a little over bought and maxing Bollinger bands. Volume will bring it. Watch for a little gap up or down. But something to watch for.
LHSIF. trading picture perfect. Bear's watchi g
One more thing. RSI can stay in the over bought condition for extended period of time. This mean to me we could hit .50s then pull back so chart can catch up. LHSIF is a thing of beauty. Shows investment community hungry to enter companies showing potential. We have several very good financial people on this board with vision that were way ahead of the curve. This is clearly one if the best boards o on i hub. jmho.
Good job ! You sir are spot on. At some point here we will pause for bollinger to cstch up. Then your buddy can come out and claim Victory. LOL
LHSIF investor sediment has clearly changed. Daily chart has potential to make a doji sandwich.
lol that is certainly rich. care to add any more wisdom? LHSIF daily chart is picture perfect. Any one taking your advice is the loser. you may want to re asses.
Smoke! I figured you would be out spouting LHSIF going to .28!
What a day. LHSIF moved to .42. and held .40s all day long. Natural trading will allow the stock to back fill. I believe we could see a little pop tomorrow and the sideways. Exactly what we saw last time. Huge volume tomorrow could push us higher. I'm not really looking for that to happen. I expect a range of .39 - .42 for the near future. For all the jake legs. This is a best guess. This is how healthy stocks trade. It's really that simple.
LHSIF is breaking out today. Worth tracking. imho.
More Fake news.... Nothing new, JMHO
That is what it looks like to me. The investors are starting to figure things out. The recent adversity in the MJ sector has caused investors to dig deep into the DD. So educated guesses are being made. JMHO
Agree. Nothing wrong with profit taking. Ultimately, sold shares end up with new people willing to take risk at higher levels. Make no mistake in order for LHSIF to hold higher pps. Value is being seen and LHSIF should eat it's way through the .43s. We are really trading nicely. Looking at the upper bollinger band. I would say sideways movement is what we are going to see. People should feel pretty good about LHSIF unless you are one who is adverse to taking risk. JMHO
Smoker your posts are so are just so spot on. Your relentlessness is what makes LHSIF go up!
LMAO !!! sinking post!!
This post is only the opinion of one. Most don't agree.
For sure. LHSIF is really a bright spot for a change. LOL
fwiw. lhs daily candle was a bullish engulfing candle. lets see what happens next week.
ok who's screwen with the pps. I was told. I could buy for .30! Doesn't seem to be the case. LOL. This is normal / typical of a stock that has seen nice gains. LHS is trading well.
lol court jester.
you bet.
normal trading.
lmao!!!! predictable
Amazing post
Agree. I think that as well. RM is cautious. Doesn't want to botch roll out.
Yes, you are correct.... bullish!
Agreed. RM pretty conservative. I personally believe things are ready pending the FDA clarity or something considered equal. JMHO
Volume is down. We are just trading. We still looking good daily. We are trading slightly weaker in the hourly. We could drift a little lower in the hourly. Nothing to push us higher for now. Nothing bad nothing good. We probably trade sideways for now. JMHO
Motley Fool article. Sweet
One cannabis company that’s recently posted an impressive result without the aid of nearly as much noise on its financials is Liberty Health Sciences Inc (CNSX:LHS). In late October, Liberty Health released its quarterly results up until August 31, and the company also posted a profit of $22.9 million.
What made the results more impressive than Aphria’s were that Liberty Health had an operating profit of more than $9.2 million. While its net income did get a boost from non-operating items including the sale of Chestnut Hill Tree Farm, which added $14 million to its bottom line, the company still would have been profitable without the gain. It was a big improvement from the prior year when Liberty Health posted a loss of $5.6 million.
One of the key reasons the company was able to avoid a similar fate this time around was that its operating expenses increased by just 3% from last a year ago despite Liberty Health’s sales rising by nearly 380%.
It wasn’t a totally unassisted result for the company, however, as fair value adjustments to its biological assets gave Liberty Health more than $9.6 million more in gross profit for the quarter, thus enabling it to turn a profit.
However, its gross profit before the adjustment was just over $5 million, which would have put the company close to breakeven with operating expenses of $5.4 million. Aphria, meanwhile, got a $17.9 million boost from fair value adjustments in its most recent quarterly results.
Bottom line
Liberty Health wasn’t without noise on its most recent financial results, but the company’s performance during this past quarter was very impressive, and I’d argue that it was a lot stronger than Aphria’s, at least from a profit standpoint.
One trend we’ve witnessed, particularly from U.S. cannabis companies, is that they’re often in better shape than their Canadian counterparts.
One of the reasons for this is that a company like Liberty Health can generate strong numbers just by focusing on the Florida market. For Aphria and other Canadian producers, however, there’s a significant need to expand throughout the country and even worldwide just to be able to tap into larger markets, though it’s costly to do so.
Without having to focus on aggressive expansion, Liberty Health is in a better position to be able to stay above breakeven, so it’s no surprise that its numbers look a lot better as a result.
Thanks for the RESPONSIBLE DD. I'm a big boy and can handle it if the date doesn't work out perfectly. Most are grateful for your on going effort to keep the board informed. If you think something is significant, it normally is. Keep up the great work.
LOL all one has to do is look back at past posts. VATE product has been very well received.
LHSIF bears watching. Pretty nice chart being developed and company now profitable. Potential opportunity. JMHO
Sad but true. Been watching this out fit couple years now. I stayed out thinking at some point there was an opportunity. Not so sure anymore. All have lost to one degree or another. Can't imaging anyone throwing money at this. I suppose at some point they've ripped off enough investors to make a go of it. But have my doubts.
You sir are spot on....
Hey, I'm nice and green. Happy days.
Chart looks set for continuation next week. we shall see. I'm a happy camper! Great week
I think it's a matter of investors closing positions going into the week end. LHSIF had an outstanding trading day. We got a nice green candle and are slowly pushing that upper Bollinger band up. With any luck we sitting pretty for next week. Nothing is absoute but we look damn good. JMHO
Oh yes, we are trading well. Notice how in the daily we are starting to push the upper Bollinger band higher and as we do our pps is gradually moving higher. Clearly LHSIF is getting new attention that has been missing in a lack luster sector. Steady wins the race.
Excellent, that is good to know.
Thanks Slider
Eye opener… Great analysis!