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Welcome to the Cannabis Investing Newsletter Forum. Feel free to find your favorite cannabis stocks and contribute content as you please; content that continues the discussion of and analysis of cannabis stocks. – D. H. Taylor

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share price movement


Cannabis Investing
(@cannabis-investing)
Member Moderator
Joined: 9 months ago
Posts: 89
Topic starter  

If I read it right, referring to news releases I read, a director left the company and dumped his shares about the same time as their last earnings release,, and the stock dropped a lot. People seemed to think it was entirely because of the earnings release.

I think the sell of was  a huge overreaction, and an opportunity to buy, and that's what a bunch of insiders did.( so did I) Below is a report from canadian insider

I think the director who left, and the timing of him leaving and dumping his shares at almost same time as earnings released, along with short selling and bashers online, well sp tanked hard.

IIts wierd how much attention people pay to the bashers on message boards. HCAND is a good example of that.

There is massive legal insider buying on cannabis stocks right now in smaller companies, seemingly a fist fight with short selling losers.

Belw is otcshort report and candian insider on legally filed insider transactions.

Historical Short Volume Data for NXGWF
Date Close High Low Volume Short Volume % of Vol Shorted
Oct 19 NA NA NA 496,861 288,944 58.15
Oct 18 NA NA NA 147,394 100,729 68.34
Oct 15 NA NA NA 111,533 72,643 65.13
Oct 14 NA NA NA 62,853 47,021 74.81
Oct 13 NA NA NA 290,779 228,264 78.50
Oct 12 NA NA NA 119,957 48,337 40.30
Oct 11 NA NA NA 193,260 167,670 86.76
Oct 08 NA NA NA 730,938 313,757 42.93
Oct 07 NA NA NA 204,442 88,869 43.47
Oct 06 NA NA NA 300,338 150,451 50.09
Oct 05 NA NA NA 129,325 37,159 28.73
Oct 04 NA NA NA 174,078 96,443 55.40
Oct 01 NA NA NA 656,732 330,966 50.40
Sep 30 NA NA NA 92,592 21,880 23.63
Sep 29 NA NA NA 181,608 160,106 88.16
Sep 28 NA NA NA 199,895 101,097 50.58
Sep 27 NA NA NA 92,187 69,625 75.53
Sep 24 NA NA NA 100,935 33,294 32.99
Sep 23 NA NA NA 110,427 73,117 66.21
Sep 22 NA NA NA 54,979 33,384 60.72
Sep 21 NA NA NA 213,726 105,528 49.38
Sep 20 NA NA NA 166,467 85,081 51.11

 

Filing
Date
Transaction
Date
Insider Name Ownership
Type
Securities Nature of transaction Volume or Value Price

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JP
 JP
(@jpynestergmail-com)
Eminent Member
Joined: 4 months ago
Posts: 38
 

I established a position a few weeks ago. Waiting to add to it as it just keeps slowly dropping. If it hits 30 cents Canadian, I will finish my entire planned position. If it somehow fell to 20 cents, I'll add more.  😉 The fact these insiders added so much is a good sign. 


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D. H. Taylor
(@cannabisinvestingnewsletter)
Member Admin
Joined: 1 year ago
Posts: 260
 

This is astounding.  80% short interest?  On one of the best companies out there?

Thing is, we could easily see a short-squeeze by Redditers again just like happened in February.  A catalyst would be needed and then volume.  Then, these guys on the short side will be handed their backsides to them on a rusty, beat up platter.  

The fact that insiders continue to buy is conviction.  

Despite all of that, just envision what this looks like longterm.  The market will not ignore profits forever.  Next Green Wave NXGWF stock may have taken a momentary hit, but, longterm, they grow continuously and profits will rise as well.  Investors are going to chase after that yield.  

And anyone on the short side will get buried.  


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JP
 JP
(@jpynestergmail-com)
Eminent Member
Joined: 4 months ago
Posts: 38
 

ahahahahh I just got done mentioning shorts getting burned in the Sundial Growers section. Sundial is the next play by those in the AMC play. 

I decided to add to my Next Green Wave position weekly. I will be adding faster now that you mentioned "squeeze." lol Thanks for that info, nameless person and DH!


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Marc Gunia
(@marc-guniafreenet-de)
New Member
Joined: 5 months ago
Posts: 1
 

Thanks a lot for the information. I will continue to add to my position


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JP
 JP
(@jpynestergmail-com)
Eminent Member
Joined: 4 months ago
Posts: 38
 

So, DH, with all these shorts all over this stock, does your conservative prediction in NGW's price change?


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D. H. Taylor
(@cannabisinvestingnewsletter)
Member Admin
Joined: 1 year ago
Posts: 260
 

My analysis does not look at short-sellers.  I look at revenue growth, gross margins, operating margins, and continuing costs. Then, I factor that into EBTIDA & net earnings.  I use the same metrics across the board without regard to favoritism.  But, there are outside factors that you should look at such as Lowell Farms getting 1M social impressions per month.  

The short sellers are merely pushing the stock price lower and lower.  This does not affect the internal fundamentals.  But, if these short sellers get too aggressive and all of a sudden there is a change in laws, or any other kind of changes that would be hyper-positive for cannabis stocks, the short sellers would get crushed... And, I look forward to that day.  

Just focus on the fundamentals.  Compared to the broader market, Next Green Wave, and many other cannabis stocks, are significantly undervalued.  


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JP
 JP
(@jpynestergmail-com)
Eminent Member
Joined: 4 months ago
Posts: 38
 

@cannabisinvestingnewsletter I'm trying to decide which companies have the greatest upside so I can load up shares for each of them. I am leaning towards Next Green wave as being one of them. 

I love the fact Lowell is starting to fall. Early Xmas present!

For now, the shorts driving the price down is fine by me as I stock up. In about three months I will be with you on watching them get crushed. lol

 


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cjubes
(@coreyjubesgmail-com)
Active Member
Joined: 1 month ago
Posts: 10
 

@jpynestergmail-com Not sure where to go next, Greenwave, Lowell, Terrascend, Text or Tilt....


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JP
 JP
(@jpynestergmail-com)
Eminent Member
Joined: 4 months ago
Posts: 38
 

@coreyjubesgmail-com I've decided to focus on Ayurcann, Lowell, Tilt, Sundial, and Next Green Wave. I had way too many holdings that I was trying to add bigger positions to. 

 


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Cannabis Investing
(@cannabis-investing)
Member Moderator
Joined: 9 months ago
Posts: 89
Topic starter  

@jpynestergmail-com  I think your smart buying lowel farms!

There are a lot of analysts that have many of the same companies as top picks that D.H. has on his. So if you stick with DH's top picks, well thats a great foundation for long term value,,, and growth.

If a person had $20,000.00 and put $1,000.00 in each one of D.H's top picks, that would be about the smartest thing you could do in my honest opinion.

That leaves $8,000 left to invest. Maybe keep it to buy on dips, or maybe look at the ones D.H. is watching, in his top 10 quarterly  growth and revenue videos, and other videos,and analysis. Maybe put $500  in a few, whatever.

Value Foundation is important.(JMHO) 

 


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JP
 JP
(@jpynestergmail-com)
Eminent Member
Joined: 4 months ago
Posts: 38
 

@cannabis-investing I also have High Tide, Planet 13, Village Farms, and Hexo as cannabis investments but three out of four of those are higher priced so I add a little here and here to them when I have leftover change. I look at the cheap prices for Lowell, Tilt, and Next Green Wave as easier positions to load up on with huge returns in the future. Especially Lowell and Tilt. 


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cjubes
(@coreyjubesgmail-com)
Active Member
Joined: 1 month ago
Posts: 10
 

My largest position is in high tide and the next two largest in marimed and hollister. Maybe ill diversify a bit in Lowell and Tilt. DH recommended Terrascend to what im currently holding...


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D. H. Taylor
(@cannabisinvestingnewsletter)
Member Admin
Joined: 1 year ago
Posts: 260
 

@jpynestergmail-com Look to the bigger picture.  The smallish companies are going to likely be acquired as bigger companies are going to want to expand their footprints.  Who will do the buying?  The companies with the most cash and net profits positive.  Which companies are they likely to buy?  EBITDA profitable with increasing revenues.  I think VEXTF gets bought.  Next Green Wave may also.


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D. H. Taylor
(@cannabisinvestingnewsletter)
Member Admin
Joined: 1 year ago
Posts: 260
 

@coreyjubesgmail-com Actually, I do not think you go wrong with either of these.  Look for bigger companies to pick up the companies that are EBTIDA profitable with increasing revenues.  The fact that these stocks are falling is a gift horse.  


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