Today, Bruce Campbell (2) and Elliott Fishman commented about whether MGM-N, WMT-N, UAA-N, ACB-T, EFN-T, TV-T, WJA-T, OTEX-T, H-T, ARE-T, BNS-T, META-Q, SPB-T, CJR.B-T, SU-T, DEE-T, ATH-T, HBC-T, LVS-N, MS-N, IMO-T, FNV-T, G-T, CTC.A-T, CHDN-O, NVDA-Q, TCEHY-OTC, MO-N, XYL-N, ALA-T, MG-T, HEXO-T, QSR-T, SMF-T, N-X, APHA-T, DJACF-N, VLE-T, LG-X, ISOL-OTC, ACB-T, WEED-T, YGR-T, WPRT-T, BUS-X, PHM-X, TGIF-CN, CHH-T, SIM-X, BEW-X, CNNX-X, BUS-X are stocks to buy or sell.
They are significantly cheaper than the bigger peers in Canada, yet will have production the same size when they are built. They have lower wage rates than others so their production costs are lower. They have a multiyear agreement with the Quebec Cannabis authority so they have a supply arrangement in place. They have already gone into other product areas. (Analysts’ target: $7.42).
Market. Got to love volatility. We need volatility. We haven’t had the really big sell off that we need. We didn’t have any consolidation. The Dow needs to go to the 22,000 level. The more time the better, not just a blip. Everybody talks about 24-hours trading, but most of the volume now is in the last 30 minutes of trading each trading day. That is when all the ETF rebalancing happens. Canada has been very boring on the TSX.
What does it mean for a Canadian investor the fact that they are going to be listed now in Hong Kong? It is great to have where it needs to be. It always helps to be listed in other markets. Having said that you might have some things happening when you are asleep. He likes sideways and this stock has been trading sideways for quite some time. He needs some proof that the stock is not going to comeback form the cliff.
It looks like it has a huge amount of potential. As they prove this find they feel they will get taken out.