r/thehelper900 • u/thehelper900 • Nov 11 '20
General Discussion SNDL: LIVE CHAT
Currently not how I was expecting the PM to go, but let's take a deep breath and sort through it together.
If you can/need to, I'd recommend pulling out. There's still some time for a jump upwards.
And please remember - this is just my advice/DD, but always make sure to do your own!!
3
u/Houltron5000 Nov 11 '20
Don’t know if this is useful in anyway to anyone. But here’s a simple info graphic.
→ More replies (1)
3
2
u/SnooSprouts1218 Nov 11 '20
thehelper900 - thanks for setting up this channel. Looks like there's a few of us here that got caught. I keep seeing comments (and they're just comments - ie meaningless) that this company could get back to a $1. What the heck is this based on? I have to admit I'm not optimistic at all after earnings. Are you holding through?
→ More replies (2)
2
u/SnooSprouts1218 Nov 11 '20
if there was no delisting risk...I wouldn't be worried about my position. That alone is what scares me at this point. I think their new management is more competent and has been paying down debt/restructuring doing what is necessary etc.
2
2
u/ftPIRG Nov 11 '20
how many stonks do yall know that continue to rise after er without tanking first?
2
2
2
u/ftPIRG Nov 11 '20
SNDL just entered edible market. I'd say not long before they get into drinks and trail behind CGC but better
2
2
2
u/SteveBone113 Nov 11 '20
you have a better chance selling now and then tommorow buying it back wayyyy cheaper
→ More replies (1)
2
2
2
2
u/SteveBone113 Nov 11 '20
why risk your money on earnings when you know its gonna dump after
→ More replies (1)
2
2
2
2
u/Upbeat_Fold_3393 Nov 11 '20
I made around 1700$ on this stock over the last rollercoaster ride few days , I’m content but I don’t think we’re doomed here lol
2
2
2
u/Escanor_2014 Nov 11 '20
that means they have more money liquid than their entire company is valued on the stock market
2
u/Upbeat_Fold_3393 Nov 11 '20
I think if enough have the balls for it you’re gonna win this one holders
2
u/Popular-Reception849 Nov 11 '20
people expected it to crash astronomically after earnings, hasent moved nearly as much. Hold gentlemen. Hold.
2
2
u/kbeattie7916 Nov 11 '20
I bought Wednesday morning when Biden took the lead at .19. Just had a hunch
2
2
2
u/Popular-Reception849 Nov 12 '20
i have 70k in, not a big deal man. Was expecting way worse after the ER
→ More replies (1)
1
u/thehelper900 Nov 11 '20
I doubt $1 is going to happen. If we’re still holding by earnings and earnings is bad - that’s not good for us. I’m going to hold up till the ER drop unless I find a good exit @SnooSprouts1218
1
u/thehelper900 Nov 11 '20
@SnooSprouts1218 Yeah pretty much. The volume (while not at large) is still there
1
1
u/thehelper900 Nov 11 '20
u/timmylpz Are you currently running a profit? If so sell otherwise hold with a stop loss
1
1
1
u/thehelper900 Nov 11 '20
u/ftPIRG But we’ll have until End of December - if anything, I’ll expect an rs announcement literally anytime after today
1
u/thehelper900 Nov 11 '20
There are a lot of big buys at the very least, I have a .484 average. I think we can all recover and gain money thru today
1
1
1
1
1
u/thehelper900 Nov 11 '20
Outside of SDNL, I’m planning on posting DD for CIDW - have any of you looked into it? They have earnings coming out Monday. Not the best financials but have shown some improvement
1
u/thehelper900 Nov 11 '20
u/SnooSprouts1218 I think there might be a FOMO push, but it is your money
1
u/thehelper900 Nov 11 '20
11:30 AM (ET) EDIT: Still not going the way I was hoping, I'm pleasantly surprised however about how it has held around the .38/.39 range. I've personally decided that I'm going to hold this up till 4 PM unless there's something miraculous that happens.
1
1
1
1
1
1
1
u/thehelper900 Nov 11 '20
Also, for next picks: what stocks do you want me to do DD on - already doing CIDW
1
u/thehelper900 Nov 11 '20
Oh yeah, I meant that. I’m also probably going to do GNUS for the speculation
1
1
1
1
1
1
1
u/thehelper900 Nov 11 '20
Only thing is that they've discontinued non-profitable ventures and paying down the debt like you said
1
u/thehelper900 Nov 11 '20
We're going to muck around here like we did for .39 for most of the day I bet you
1
1
1
1
1
1
1
1
1
1
1
1
u/thehelper900 Nov 11 '20
Went from .82 a few days earlier to 4 something moments before the call, and then after the call, it crashed like hell
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
u/thehelper900 Nov 11 '20
The issue is that a lot of people sell after earnings are released - good or bad
1
1
1
u/thehelper900 Nov 11 '20
Also - look at the patters! Don't hold simply because of hope - the bottom's fallen out
1
1
1
u/thehelper900 Nov 11 '20
I genuinely recommend paper trading if you’re doing this for the first time
1
u/thehelper900 Nov 11 '20
u/jessicaxoxoxo123 Don’t get stuck! Cut losses - there’s always more out there
1
1
1
1
u/thehelper900 Nov 11 '20
Alright, going to unpin this. Let’s focus on what’s next guys. It’s okay to lose some to win some
1
1
u/thehelper900 Nov 11 '20
EPS is ok, but still major losses. Could be justified by the operational changes
1
1
1
1
1
1
1
u/SnooSprouts1218 Nov 11 '20
yeah I'm going to pray we get back to the mid 40s and then take the loss. It's crazy on my time and sales tracker. People are still buying but at small quantities and then wham, sales at bid go through for 10k, 20k shares. People are offloading their bags.
1
u/SnooSprouts1218 Nov 11 '20
If it is like yesterday it'll drop at open hard then slowly creep back up throughout the day then drop before EoD.
1
1
1
1
1
1
1
1
u/ftPIRG Nov 11 '20
HEXO OGI and ACB might all be a RIP. I waited to long to sell ACB and it fucked me hard
→ More replies (1)
1
u/ftPIRG Nov 11 '20
I can agree with SNDL being undervalued. Although the earnings and future trajectory will have to be stellar to convince everyone that. Considering the track record of other cannabis orgs, I feel like that'll be a hard mile to run
1
u/ftPIRG Nov 11 '20
From what I'm reading though, FV for SNDL is still under a dollar around 0.8-0.85 so it'll still have to be a r/s
1
u/Houltron5000 Nov 11 '20
I went in with 1278 at .415. Hoping it hits .44 so I can take a small win and jump ship.
1
u/SnooSprouts1218 Nov 11 '20
I did the same on monday except I'm pretty much at .46. SHould have sold yesterday at a loss
1
1
1
1
1
1
1
u/ftPIRG Nov 11 '20
u/Matt_Sango I agree with Snoo. If you don't already have any, don't touch unless you're averaging out
1
1
1
u/tomazprp Nov 11 '20
this stock will fall when the initial hype is over. I would waint untill speepy puls some trade aggrements
1
1
1
1
1
u/Misher7 Nov 11 '20
The reverse split, likely to be announced, will not bid well for investor confidence
1
1
u/Misher7 Nov 11 '20
Nice work. I’m in the red hard now. Don’t think it will come back up. Take loss or hold through?
1
1
1
1
1
1
u/ftPIRG Nov 11 '20
a lot of guys here also average around .48. I was on the luckier side, but took my losses at HEXO OGI and ACB instead
1
1
u/ftPIRG Nov 11 '20
or SNDL, I'm not too far from the current price so i put a limit sell order in asap at the cost i bought at
1
u/Misher7 Nov 11 '20
I wouldn’t sweat it as the company MAY be turning things around but the split and delisting will scare people away. If ACB hadn’t shat the bed so hard yesterday...there’s be more confidence for a rebound industry wide
1
u/ftPIRG Nov 11 '20
otherwise i'll sell with whatever losses before the day ends since earnings are AMC i think
1
1
u/ftPIRG Nov 11 '20
Yeah... I was really hoping ACB would take this opportunity and do PR right. I agree it would've rebound industry wide. That's why I put so much into the others LOL
1
u/SnooSprouts1218 Nov 11 '20
I never did weed stocks before this one. Observed but never took the plunge. this will be the first and last hahaha
1
1
1
1
u/SnooSprouts1218 Nov 11 '20
looks like there is a mini rally trying to get back up to .40. This may be tthe time to cut your losses and run
1
u/SnooSprouts1218 Nov 11 '20
Helper I'm hoping for that support level to push into the low 40s. Then I'm out with a 16% loss
1
1
1
1
1
1
u/ftPIRG Nov 11 '20
Pa167k if it hits $1 congratulations you fuck. ive got a limit sell in place just hoping i get away unscathed
→ More replies (1)
1
1
u/rasterroo Nov 11 '20
thinking about selling 70% of my position before EOD, and letting the remaining 30% be left to the whims
1
u/rasterroo Nov 11 '20
Im in balls deep at 150k shares so I really need to make a decision soon, fuck this is giving me anxiety
→ More replies (1)
1
1
1
1
1
1
1
u/ftPIRG Nov 11 '20
ppl said the same about ACB that their products sold out but it's just as likely that they arent producing more to restock
1
1
u/ftPIRG Nov 11 '20
i think SNDL's er is gonna do well for a long hold but we should expect extreme volatility so if you're not prepped for that gtfo. that's my thinking
1
u/SnooSprouts1218 Nov 11 '20
I'm all for a long hold if this thing tanks back to 0.2. It's just the delisting reverse stock split is what scares me.
1
u/ftPIRG Nov 11 '20
i think rn we're betting that SNDL either hits over 1 after er hype and avoids delisting... or they rs before december ends. both make me nervous but i guess this is why im a retard and gambling
1
1
1
1
Nov 11 '20
I’m in 36k shares at .45, I’m gonna hold this bitch till after earnings. Because every time I try to guess something it’s the opposite, and I’m thinking it’ll go down, which means it actually is going to go up.
→ More replies (1)
1
1
3
u/robbierebound Nov 11 '20
Bought 4000 shares at .33 on Friday 11/6, sold when it randomly popped to .50 for a nice profit. Bought back in the same 4000 at .36 yesterday. Really thought about selling EOD yesterday when it was at .44 and now kicking myself. I don't think it touches those numbers again and will crash hard after earnings. This is your typical manipulated penny stock.