InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,297.10
(
-0.21%
)
US TECH 100
18,079.20
(
0.00%
)
Dow Jones
39,869.38
(
-0.10%
)
Brent Oil
83.46
(
0.30%
)
Bitcoin
66,267.88
(
1.58%
)
Post# of 11308
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

oatsuzn

Send PM Follow Ignore
Followers 22
Posts 1099
Boards Moderated 0
Alias Born 04/05/2016

oatsuzn

Re: None

Thursday, 01/16/2020 5:28:52 PM

Thursday, January 16, 2020 5:28:52 PM

Post# of 11308
I figured OGI would retrace below $3.14 today, so yesterday I sold @ $3.20, the lot I bought on Friday @ $1.99. Made 61% profit.

IMO, the only reason OGI closed above $3.14 is because they played the wildcard and released news today. Shoppers Mart has been in the hunt for Cannabis exposure for a while so this is great news but I don't see this news release propping the stock up for long. Also this isn't an exclusive agreement and we may see another LP announce a Shoppers Mart agreement tomorrow. Then what?

They're diluting @ $3.14 so inevitably it'll fall below.

I'm still holding shares at different levels. But right now at these levels, this is a perfect undervalued/overvalued swing trade. Rinse/repeat.


Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent OGI News
More OGI News
InvestorsHub NewsWire

FEATURED Cannabix Technologies and Omega Laboratories Inc. enter Strategic Partnership to Commercialize Marijuana Breathalyzer Technology • May 16, 2024 8:13 AM

ILUS Provides a First Quarter Filing Update • ILUS • May 16, 2024 11:26 AM

Avant Technologies to Revolutionize Data Center Management with Proprietary AI Software Platform • AVAI • May 16, 2024 8:00 AM

HealthLynked Corp Announces First Quarter 2024 Results: Achieves 8% Revenue Growth Over Last Quarter • HLYK • May 16, 2024 8:00 AM

Integrated Ventures Files Q3/2024 With Mining Revenues Of $1,983,250 And Positive Earnings Of $0.05 Cents Per Share • INTV • May 15, 2024 10:30 AM

Swifty Global Announces Impressive Financial Results for Q1 2024 • DRCR • May 15, 2024 10:25 AM

Start posting your company's news
Only $200 per official company press release!