InvestorsHub Logo

Drugdoctor

11/17/22 7:45 AM

#18710 RE: Supi #18708

lol - re"Conclusion" - SHWZ is successfully driving down expenses and costs even as it invests in growth in the Colorado and New Mexico markets. It has made a big run since its earnings report, where investors liked what they heard.

For that reason, it would probably be best to wait for a pullback in its share price before taking a position.


Ok, so $1.88 down to $1.61 is not enough pullback. What if Dye is still buying? What if other insiders also join in and buy shares on the open market?

There are already a lot of "waiters and flippers" that now are praying for this pullback, as this rally totally caught them by surprise, and they flipped and watched in horror as the price continued to rise.

This is exactly what I have been calling for here, for insiders to show some confidence in the company and buy some common shares to show investors they believe in the company and the common shares.

So keep waiting for that pullback... and good luck!