OldNormanBates
:
Take a good look at the financials and you'll understand that it's even overrated at a Dollar. This company has not had the best management up to her, and had too many offerings to pay off debt. Finally got rid of most debt in February. Still needs to spend time correctly marketing the product in a tense Canadian Market.. It's Not like they're selling pot in the USA, only Canada ...
Shanos
OldNormanBates
:
but they are 100% dept free an have almost a Billion dollars in free cash . I been expecting a acquisition if another company. but they decided to start a side business. where they are kinda like a bank .for other marijuana companies. it's either gonna work great or be a complete bust .I think s reverse split maybe 10 to 1 or even 20 to 1 would actually help out sndl allot . they just have way to many shares floating around.
OldNormanBates
Shanos
:
I don't know Where that 1B in Free Cash comes from, I know they're debt Free from using the last stock Offering to pay that off, which is the dilution that caused the price to get under a dollar. Do you have a link to where you find the 1Billion, that interests me. A reverse split will keep compliance, but if you look at most RS, they cause a significant reduction in overall Prices of Stocks due to Investor Uncertainty.. Only 10pcy of RS come over okay typically.... I'm all for making profits again, for about the 5th time on SNDL but I'm not really sure it's a good time to put much money on it to play a big model.
Shanos
OldNormanBates
:
they was actually debt free before they ran up from the reddit rally . they actually did another offering after this . an then another company cashed out on some kind of promisary notes an that diluted the shares even further . an it was almost a Billion . I will look for the report it came out a few weeks before the last earnings . yea I don't think they are a good short term play . but the call options for January 2023 are super cheap right now. I bought about 10 contracts . an I'm sure they will have a bullish run before then . an those will cash out pretty nice .
PONY SOLDIER : 1.6 billion float.!
hupper : Wow its coming back
Bigdayday414 : I was wondering the samething
美股乐园 : It's fast!
OldNormanBates : Take a good look at the financials and you'll understand that it's even overrated at a Dollar. This company has not had the best management up to her, and had too many offerings to pay off debt. Finally got rid of most debt in February. Still needs to spend time correctly marketing the product in a tense Canadian Market.. It's Not like they're selling pot in the USA, only Canada ...
Shanos OldNormanBates : but they are 100% dept free an have almost a Billion dollars in free cash . I been expecting a acquisition if another company. but they decided to start a side business. where they are kinda like a bank .for other marijuana companies. it's either gonna work great or be a complete bust .I think s reverse split maybe 10 to 1 or even 20 to 1 would actually help out sndl allot . they just have way to many shares floating around.
OldNormanBates Shanos : I don't know Where that 1B in Free Cash comes from, I know they're debt Free from using the last stock Offering to pay that off, which is the dilution that caused the price to get under a dollar. Do you have a link to where you find the 1Billion, that interests me. A reverse split will keep compliance, but if you look at most RS, they cause a significant reduction in overall Prices of Stocks due to Investor Uncertainty.. Only 10pcy of RS come over okay typically.... I'm all for making profits again, for about the 5th time on SNDL but I'm not really sure it's a good time to put much money on it to play a big model.
Shanos OldNormanBates : they was actually debt free before they ran up from the reddit rally . they actually did another offering after this . an then another company cashed out on some kind of promisary notes an that diluted the shares even further . an it was almost a Billion . I will look for the report it came out a few weeks before the last earnings . yea I don't think they are a good short term play . but the call options for January 2023 are super cheap right now. I bought about 10 contracts . an I'm sure they will have a bullish run before then . an those will cash out pretty nice .
treydongui : looks like you got shorted out again recently. Every time the surge builds up they shorted out is my guess
treydongui OldNormanBates : okay that makes more sense