Origin House (fka ORHOF)

[CannaDoOregon]

Incrementally setting new highs is good. Still a thin market with very low volume trading. Often significant differences in ask and bid. It doesn’t take much to move the price up or down. If you tried to sell 10,000 shares you would drop the price significantly.

With the debenture conversion effective end of today, there are 10 million new shares out there (with a basis of US$6.25 per share). There may be some profit taking this month.

It is unfortunate the earnings report has not yet come out (not even a date). This creates uncertainty although that doesn’t seem to have held back the stock price so far.

The stock was over US$8 in October. 90 days ago the stock price was in the low US$4s. We could be in for a roller coaster.