SNDL, a penny stock, caught the eye of Reddit group WallStreetBets, which decided to pump up the stock to elicit a short squeeze.Penny stocks are easier to manipulate, and SNDL … Yet, all other cannabis stocks are faced with the same issue and not to mention they are all piled with debt except SNDLâï¸If youâre basing your facts that itâs overvalued because of its revenue performance than you might as well say all cannabis stocks are overvalued because most if not all, are still burning through cash. So, there’s good news here. 17 hours ago. I am not saying itâs undervalued because other weed stocks are around $20-$30. New management/branding + no debt has SNDL ready to rock. Honestly, i'm hoping that SNDL does go up. Feeling like a few are going to learn hard lesson about this joint. [â]Glad-Structure-9103 3 points4 points5 points 1 month ago (0 children), [â]Smogur 3 points4 points5 points 1 month ago (4 children), Where can I buy this stock??? Having zero debt means the company is doing very little actual work. I saw enough âIâm insâ. More simply, traders piled into the stock. If you read our article “Penny Stocks Get Big Boost From r/WallStreetBets & Reddit Buying Spree,” you’ll remember why Cohen is an integral piece to this puzzle. ANY logical person can see how beneficial this is. This is why I'm going to put option the ever living shit out of them tomorrow morning. 3 days ago. No thanks, just show me the news. Meanwhile, reports elsewhere in the sector haven’t sparked much optimism. Uh.. 25 $2c 7/16 at $.30 [â]Legacy60 3 points4 points5 points 1 month ago (0 children), [â]Phil_En_Feux 4 points5 points6 points 1 month ago (0 children), This is fking too long to read for a retard like me. This Friday. Well we don’t but we do have systems that track activity ⛷. Read More: Penny Stocks — How to Profit Without Getting Scammed. Top 20 Trending Stocks On WallStreetBets As Of Wednesday, Mar. Those articles donât contradict my post I am telling you that SNDL doesnât have high revenue but all those other cannabis stocks donât have high revenue either but yet they have 5b+ market caps. But $SNDL was well under 1b market cap, for a growing cannabis industry; this is highly undervalued. I trust a WSBerâs DD about as far as I can throw Michel Burry. 290@ 2.88 because my brain is as smooth as a chicken breast. However, the emergence of the WallStreetBets forum on Reddit as a tour de force is the most interesting trend to emerge in a while. You will be eligible to start posting tomorrow. The spike into earnings this time around isn’t quite as steep, but it’s still significant. This isn’t some crazy shell company being pumped by traders. Reddit traders have set their sights on a new short squeeze target. âHow is $SNDL financials and revenueâ, âregarding the questions about Canadian companies in the us market â-Well for starter how do you know that once US goes through full legalization they wonât accept Canadian companies to flourish. I'm embarrassed that I only thought of all of this after selling shares for a profit to others who now must carry the risk of such a shady company. 2ï¸â£Marijuana industry wasnât as recognized before. 9 Feb 2021, 9:08am ET Benzinga [â]Masternewworldorder[S] 3 points4 points5 points 1 month ago (1 child). :O, [â]Kmo801 1 point2 points3 points 20 days ago (0 children), [â]ZWally6 1 point2 points3 points 20 days ago (0 children), This made me much more comfortable with this as a long term investment, thank you my guy, [â]SavienKennedy 1 point2 points3 points 7 days ago (0 children), [â]jhuntinator27 4 points5 points6 points 1 month ago* (1 child). [â]StergiosZ 3 points4 points5 points 1 month ago (1 child), fk this pump and dump shiet, a fool and his monies are easily parted , howdo, [â]joja0206 2 points3 points4 points 1 month ago (2 children), How about that new concept energy....wtf. Hopefully they stick around long enough to sell some CCs on and make that money back. Before making any investment, you should do your own analysis. Sundial (NASDAQ: SNDL ) stock is a net beneficiary. SNDL Stock: Sundial Growers Pops on New Joint Venture Plans | InvestorPlace. Again, I recommended the stock just three months ago. - Top 20 trending stocks on wallstreetbets as of tuesday, feb.. More specifically, the WallStreetBets chatroom on community-sharing platform Reddit has seen seemingly millions of retail investors group together to … Things seemed to calm down…until this week. It's standard practice to disclose these things to shareholders, and auditors look for it all the time now. Not touching the average, just riding the wave. Read the FAQ if you're new to both wallstreetbets and trading. Check out our WallStreetBets Realtime Sentiment page for real-time updates on sentiment. SNDL stock has gained 42% in the past seven days. Get an ad-free experience with special benefits, and directly support Reddit. Otin nyt ekan satsin 80 USD ja sit > lähtee 20 USD välein, eli seuraava 60 USD, 40 USD ja So far the price is heading in the right direction. Sundial has cash. One of the reasons for Sundial's previous rise – all the way up to $3.96 – came in part from enthusiasm on Reddit's WallStreetBets forum. Cannabis Stocks: Reddit Chatter Lights Up TLRY, APHA, CGC, SNDL and Other Pot Names Today February 11, 2021 Cannabis stocks are all the rage Wednesday morning as investors over on Reddit WallStreetBets are talking about the profits from the weed plays. http://www.econ.yale.edu/smith/econ116a/japan.pdf, $SNDL (SUNDIAL GROWERS)ððâï¸âï¸, https://www.google.com/s/www.fool.com/investing/2021/02/03/3-pot-stocks-to-avoid-like-the-plague-in-february/, https://www.google.com/s/www.nasdaq.com/articles/is-sundial-growers-planning-a-splashy-deal-2021-01-22%3, https://www.reddit.com/r/SNDL/comments/lad5im/look_at_how_many_shorted_shares_under_1_expiring/. However, this release seems awfully familiar. âcannabis industry has political issuesâ The subreddit is famous for its colorful jargon and terms. [â]epicguest321 3 points4 points5 points 1 month ago (11 children). All orders are custom made and most ship worldwide within 24 hours. 97.2k Followers, 14 Following, 877 Posts - See Instagram photos and videos from r/wallstreetbets (@reddit_wallstreetbets) Go on investopedia and look up what a market cap is, [â]Big_Lemons_Kill 5 points6 points7 points 1 month ago (3 children), Ah yes, when game stop hit 400 it was worth more than apple and half as much as tesla right, [â]icarly10001 15 points16 points17 points 1 month ago (0 children), Sounds like ima lose some money but fuck it im in, [â]_GianLuca 23 points24 points25 points 1 month ago (2 children), you lost me at "compare to other weed stocks they are $20-$30", sndl at 20-30 would have 30-45 BILLION $ market cap. SNDL . Which doesnât make sense because yea theyâve had major setbacks but somehow theyâre debt free. This was all not in their hands and due to having a shit location and poor building management/control.4ï¸â£As I mentioned they had setbacks, major one was poor warehouse control and management which resulted in humidity issues that further caused mold in the warehouse/cannabis. From an accounting perspective, debt means the company has decided to extend its operations beyond what they would have otherwise been able to do. After spending time at a retail brokerage, Vince Martin has covered the financial industry for close to a decade for InvestorPlace.com and other outlets. In fact, earnings seem like a significant near-term risk, for two core reasons. [â]neutralityparty 4 points5 points6 points 1 month ago (5 children), More than 10 with tilray and apha growth. [â]the_flixed 90 points91 points92 points 1 month ago (7 children), Literally the stupidest reason to âinvestâ in sndl lol, [â]STONKZgodownonme 20 points21 points22 points 1 month ago (5 children), Yeah, itâs like saying a Toyota Corolla is as good as a Ferrari because itâs a car too, [â]sfchillin 11 points12 points13 points 1 month ago (1 child). The ETFMG Alternative Harvest ETF (NYSEARCA:MJ) has gained 75% so far this year. [â]skilled81 1 point2 points3 points 1 month ago (0 children), [â]johndlc914 26 points27 points28 points 1 month ago (7 children). This is a company with a lot of work left to do and a lot of risk still to manage. Sundial Growers Inc (NASDAQ: SNDL) shares traded down 14% on massive volume in an extremely volatile trading session on Thursday after the company became one of … It will take time to reverse that trend. Let's say they buy back with prices as low as $.30 when everybody inevitably realizes the squeeze was simply a buzzword used to create demand, and the product was both nonexistent, and not even promised to exist in the first place. But the reality of the still-difficult and still-unprofitable Canadian market sent them lower. On several stock trading forums on Reddit like r/WallStreetBets and r/SNDL, it appears that investors are coordinating to drive the price up to at least $10. I am no financial advisor DO YOUR OWN RESEARCH. It's not just a scam, it's criminally unaudited. Sundial remains attractive to investors for its debt-free operations … Please stop with this shit... youre making it tank... speaking for a few million people here.. [â]Guyfrom312 27 points28 points29 points 1 month ago (0 children), [â]1194422721 9 points10 points11 points 1 month ago (1 child), Sold some at 3 from @2.24 bought more at 2.6, just wanted some money to buy more of this stonk, I am retarded, hold and donât copy me cause I am literally retarded, [â]papabearenstein 49 points50 points51 points 1 month ago (11 children), âUndervaluedâ because itâs trading at $2 while competitors are at $20-30, Bruhhhhh. Thereâs already major Canadian companies expanding in the us, and you donât think SNDL is capable of doing an acquisition with a us company or let alone expanding their product/name to the us. It’s up for debate what, exactly, has driven the big gains in Sundial Growers (NASDAQ:SNDL) stock so far in 2021. Reply. Sundial will go up because the bigger companies with actual revenue will start going up. Inspired designs on t-shirts, posters, stickers, home decor, and more by independent artists and designers from around the world. © 2021 Insider Inc. and finanzen.net GmbH (Imprint). Okay but the diluted float is a problem we def should not ignore right? Which is the case with some marijuana stocks. Look at this article here: https://www.google.com/s/www.fool.com/investing/2021/02/03/3-pot-stocks-to-avoid-like-the-plague-in-february/ you can see most cannabis stocks arenât generating any revenue and there all burning through cash and filled with debt except SNDL has no more debtâï¸and here in this article: https://www.google.com/s/www.nasdaq.com/articles/is-sundial-growers-planning-a-splashy-deal-2021-01-22%3 you can see how they are trying to possibly expand. Sundial Growers (SNDL) rose to prominence this morning as its share price increased by more than 45%. However, the rally to the magnitude of GameStop or AMC would be difficult for Sundial Growers to replicate. âï¸Summary:âï¸ [â]BarbequedYeti 4 points5 points6 points 1 month ago (0 children). Download let's talk stocks! I canât provide you with all the info or predictions on whether this stock will rise or sink. Bitcoin is a distributed, worldwide, decentralized digital money. r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. ... Powerup and unlock perks for r/wallstreetbets Show Perks. What if I told you we have a bot that tracks Wallstreetbets & Reddit pumps ? Warrant exercises also added another $89 million in cash. Sundial probably isn’t ready to accelerate growth. They do have a cashflow problem but long term they look solid. Where that debt is hidden, I have no idea, but I suspect there is a shell company involved. Except $SNDL has no debt. To add on, SNDL is heavily shorted which brings a possibility of a small squeeze. Itâs undervalued because of its market cap. 849 @ 1.13 I'm in for the long haul. gamestop, wallstreetbets, amc, sndl, & bmbl.mp3 for free, video, music or just listen let's talk stocks! This, I presume, has to do with the lawsuit which they are in, involving the moldy and ill prepared cannabis they shipped to buyers. My worst fear though, is that the company is using this as an obvious bait. Compare WallStreetBets stocks. And the top cannabis stocks you guys mention are Nowhere near a penny stock, which diminishes their entire purpose. Do not message the mods. Your account is too new. I liked the name and the sun is my favorite color marker to huff. - They are now debt free, while others weed stocks are filled with debt. But, they have momentum and the funds to make the shares go up big time with or without our Reddit bubble. Sundial growers inc registered shs stock , sndl. I donât recall anyone in here buying silver.... it will all settle back down as soon as people can start going back outside. So compared to other marijuana stocks with similar financial they all have average 5b market cap. TLDR: got out at 3 after buying at .80 but not before losing out on the $4 opening bell. Cannabis names like Tilray and Sundial sharply reverse Reddit-driven gains Feb. 11, 2021 10:04 AM ET Sundial Growers Inc. (SNDL) By: Dulan Lokuwithana , SA News Editor 158 Comments Nah. Letâs review this convo in a month ? https://ibb.co/3RLXLgj Here's what to know. They will have essentially just taken $.45 per stock from people who unwittingly bought shares they thought would increase. ... That was apparently enough to entice members of the WallStreetBets Reddit group. But im inð, [â]Berignus 2 points3 points4 points 1 month ago (0 children), [â]Acceptable_Wishbone7 2 points3 points4 points 1 month ago (0 children), [â]Masternewworldorder[S] 3 points4 points5 points 1 month ago* (5 children), One major catalyst will be their nasdaq up listing. -Cannabis has been getting heavily shorted for quite some time because of legalization, shorts have made it very difficult for this life changing industry to flourish the way it should. Those highs were brief, admittedly. They appear part of the same wave of buying driven by Reddit’s r/WallStreetBets and other traders. Looking into the long term there is endless possibilities for this company they can have many upcoming catalyst. Made In NYC |
New York (CNN Business)Reddit has hired its first-ever chief financial officer. But instead we are trying to show you a potential stock that can boom due to being undervalued. GME Dashboard Financials Data Institutional Insider News Filings Transcripts Reddit ESG Shorts Article Top 20 Trending Stocks On WallStreetBets As Of Tuesday, Feb. 9, 2021 (Via Swaggy Stocks) Tue. Perhaps 'wallstreetbets' can pull off another miracle, rallying the masses to buy more shares, but as of now, GameStop's stock is down from a staggering $469 to a mere $225 at the moment. Itâs like $2.50. And Sundial is focusing on higher-end inhalable products, including a recent launch of concentrates. Or the shady past. In that article you can see aurora cannabis and cronos are burning through cash and have debt!!! 1. https://ibb.co/bXnm269 Sundial growers było ostatnio mocno promowane m.in. I guess... (bring on the lambasting for being a lemming), [â]thebloodgecko 5 points6 points7 points 1 month ago (1 child). âMany people keep asking about its market cap at 1bâ Lol u say itâs over valued at 1b? LFG.... $10 and beyond ðð½ð, [â]TheDanima1 9 points10 points11 points 1 month ago (1 child), I actually opened a quarterly report on them. Now fourth-quarter earnings, due Wednesday, could prove to be a reality check for the big YTD rally. âwhy was $Sndl preforming bad beforeâ Is Now The Time To Buy OGI Stock, TLRY Stock Or M Stock? I like the stock. You do understand that they sell niche products, while TLRY acts more of a general supplier, correct? Not trying to list the top leading cannabis stocks, which is what you guys keep mentioning. Shop CBD From The Best Suppliers. They have until June to keep their share price above $1 for 10days or it will get delisted. But I see absolutely no reason for it to. Plus500. Search up this article (sundial growers splashy deal-nasdaq). Yet there market caps are higher than $SNDL even tho SNDL wiped its debt and has 600mill cash. 2. https://ibb.co/z8M7FT7 I've never actually heard of this, but I'm willing to bet it'd still be fraud. [â]Rick_C-69 2 points3 points4 points 1 month ago (0 children). Also on Friday, pot stock Sundial Growers Inc. erased a premarket surge after announcing a $100 million stock sale at a In a similar move to Burry and about a year after, Cohen also bought up a large chunk of GME stock, accumulating over 12% of the company by December 2020. The stock had already done so before being boosted recently. [â]YZFR6OTW 9 points10 points11 points 1 month ago* (1 child), I canât read but I like the stock so Iâm all in ð¦, EDIT: Iâm retarded so donât listen to me hits bong, [â]_CrangesMcBasketball 6 points7 points8 points 1 month ago (0 children), I can't read but you apes are investing, so I will to, [â]Oaksbomber 53 points54 points55 points 1 month ago (6 children). $SNDLâs revenue isnât high just like all those cannabis stocks except $SNDL has no more debt. They will just be hit with regulatory fees left and right for failing these obligations if they manage to make it. Here's what you should know about the Reddit-loved cannabis play.More … The first reason is that it’s still early in the turnaround. Turn on push notifications and don't miss anything! So itâs a junk stock. 3ï¸â£ They were faced with huge set backs, if you look at one of the articles below. But the community has been banned from Discord as AMC, GameStop stocks go wild. Top 20 Trending Stocks On WallStreetBets As Of Wednesday, Mar. There's always money in the GME stand. For example, revenue fell sharply on a sequential basis in the third quarter. [â]epicguest321 32 points33 points34 points 1 month ago (14 children). What this says to me is that either they are cooking the books, as has happened before in the likes of Enron with devastating effects to all types of investors, or they are not actually planning to produce any (or many) goods.
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