Blum Holdings Inc (BLMH)

[Parapraxis]

A visit to the past.


Re: AC7880 Post# 275715
Maybe. Maybe not. But it wouldn’t surprise me in the least if there is another reverse split in the next 6 months.
Just to be clear. When the RS took place I called 2 dollars.
When the pps was sitting at 2.30, I called under 2.00.
When it was in the 1.50 range I called 1.00.
The recent climb back to near a dollar was a surprise. Quite honestly I have no idea where it’s going , but my back to . 50 makes sense because they still can’t show where they can make any gains towards profitability and they continue selling shares to support their efforts. It appears the only things that could change this is either legalization or a partnership.
We witnessed the recent partnership debacle which tells me no one of any stature is interested.
Legalization COULD change things, but it seems to be off the table again. The recent Hemp bill sort of tells me the US Government is still unsure about total legalization or rescheduling. It seems unlikely we will get it now, more likely in 2020 in the runup to the election. A law passing then might help Republicans pushing a second Orange term.
JMHO
Replies:
IMHO no split within 12 months let alone
AC7880 on 1/27/2019 5:13:12 PM



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