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damAcon1

02/09/22 11:06 AM

#15567 RE: Drugdoctor #15566

The investors in that stock are shorts, day traders or meme chasers. You cant reason with the longs...and the longs dont understand fundamentals. They see bolted on revenue as success. The current temperature of the SNDL cult is like they hit the lottery with that extension notice. SNDL has only traded over $1, 65 days since a month before their first notice...spring 2020. It's an easy stock to flip because it has an emotionally sensitive investor crowd...which doubles current cannabis stock volatility. Even if you could get through to them, most cant invest in SHWZ anyway because it is OTC listed, and the Robinhood and Webull dont allow it. Still absolutely insane the amount of shares that trade, but gives me hope for the day SHWZ is able to uplist to a major exchange. Heck, I am still waiting for the day that the other cannabis ETFs finally add SHWZ to their holdings. I look at their lists and I see some of the duds they have and cannot understand why companies like SHWZ and MRMD are not on there. I often wonder if it has something to do with where these companies are domiciled because these two companies are NOT dual listed.
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Fallingknife75

02/09/22 11:12 AM

#15568 RE: Drugdoctor #15566

The markets certainly make no sense at times, CGC has me laughing this AM as well, the stock is up 10+% after reporting declining Revenues and an Operating Loss of $150m for the quarter; apparently people just don't understand math.

SHWZ will continue to grow and slowly dominate the states they enter into. Investors will figure it out eventually, as long as you don't ask them any math questions, lol.

All the best,

Knife