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Re: LongNDeep2 post# 2251

Friday, 02/01/2019 4:22:51 PM

Friday, February 01, 2019 4:22:51 PM

Post# of 7789
I would also like to see that this is the first of 10 harvests Liht expects to have in 2019 or the first of 5 harvests! We still don't have absolute clarity on that and it will make a gargantuan difference regardless of everything else in the report.

Bigger picture: Take a look at the six month chart of LIHTF and you'll see we are either poised to repeat mid-November to end of year 2018 OR poised to take the next leg higher (above 30 cents). It seems absurd to think it would be the former, but any bad news about the harvest (long delay in reporting, smaller-than-expected crop, some other stupid disaster) could devastate the stock once again.

Trade volume is a real concern. The occasional bounce-back notwithstanding, this stock has very low volume and is subject to the whims of a small number of investors and manipulators. We've got to get shares sold well north of a million a day. There are a lot of stocks at our market cap that trade 20 or 30 or even 100 times more shares per day.