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nice little pop inbound imo
It may yet bleed down, but it hasn’t totally collapsed like it normally does after a spike. I think you could be a bit more measured about this, from a chartist’s perspective.
I was wondering if it was dilution too, but the volume doesn’t really align with that
Not much resistance until .06, break that and test .075.
I’m not sure we have the juice to get above .075 (we’re overbought on many timeframes now), but it would a big deal to do this.
Still, it has been a steady climb up with healthy pullback and consolidation, rather than a rocket ship climb that established no supports on the way up. With that in mind, we may able to continue the run up, after the RSI cools off a bit.
What are you highlighting with this?
200dma is .045 now. We haven’t been over it since the run up to 1.15 two years ago. With a little luck we can see a real spike if we capture that falling trend line
Happy New Year all! Feeling good about our chances in 2023 :)
Predictions for q3 earnings?
High relative volume today. Can we get above .044?
Well the chart is looking a lot healthier
The daily RSI was 80 at the bell, give it a chance
Over 30 times normal volume
I meant before today
Corroon picked up 500,000 shares?
Any idea where we are with California regs? I haven’t heard anything since the review window closed.
Yeah, wokeness is the problem. So relevant and true.
A hunch, got it.
But WHY though
Why don’t you understand that the situation with this company now is fundamentally different than it was five years ago?
I wonder if the SPINS data gives an insight into age groups, income brackets etc. Maybe they feel their customer base is comfortable enough to take the hit
Well that should help with the margins. Now we just need to retain the existing customer base
Inane, not insane. The volume is only slightly higher than an average day and it happens all the time
We’ve been in GNC since 1 Jan, and there wasn’t a jump in sales in the Q1 report, so I don’t follow your logic. Also, we have been cutting our margins to move units so I don’t think we’re popping on the shelf.
Why would GNC sales kick in August specifically?
The market loves the AGM news
But not before our positions are diluted to hell in Reverse Split
H2 was JD’s guesstimate
I wonder if they’ll take questions this time
So the the CPDH is currently crowdsourcing for CA’s CBD regulations, and are expected to put the completed regs on the governor’s by end of July. How long will they take to implement? 6 months? A year? Could give our sales a shot in the arm.
It’s not real money, guys
Ignorant or bad faith takes
Don’t tell me how to vote. They already have the votes they need!
Enjoy your karma
This is disingenuous. If the company has the best interests of the shareholders at heart, then they wouldn’t be debating adding 600 million shares to the float.
Therefore, motor city is asking a valid question of why they are deciding to reduce by 8 million.
Sure, but if dilutions and R/S are all but a certainty, it would be useful to know when these proposals would be voted through. So any idea when the AGM might be?
The preferred stock could be used to vote for a RS at the AGM. Any idea when that will be?
What do people make of the 700 preferred shares issue? Are they likely to orchestrate a reverse split
Thank you. This is actually helpful
Actually no, we were discussing what may happen, not what has already happened