2022.01.26 11:17 luna96li ich🐄iel
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2022.01.26 11:17 HamMcFly Greg was better at his second job than I am at my only job.
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2022.01.26 11:17 Cordinklink Decibel and Organigram: The Next Great Short Squeezes?
Many people avoid pot-stocks for two good reasons: the big names that people know are selling low quality product, resulting in poor earnings reports, and there is a malicious short using illegal tactics (they wash trade, meaning they sell to themselves in different accounts so they can sell again when the stock bounces a bit- after watching them for months, I am quite sure of this).
But what about the smaller companies selling popular products and are releasing great ERs? They are being shorted in the same fashion, as if success in the real world means nothing to their share price.
Decibel (DB.VN or DBCCF.OTCQB) is the stronger play, so I will cover it second. But first, Organigram (OGI on TSX or NASDAQ) released their latest report (covering up to November) on January 11th, and it showed 23% QoQ revenue growth, which builds on their last report showing 24% growth. This is due to “Tropic Thunder and Funk Master achieving #1 and #2 positions [SKUs] respectively in November as the best-selling flower products in Canada.”
Further, their Big Bag o Buds brand sells (according to me, who has grown weed and understands the difference between quality and crap) the best one once bags at their price point (most large format products are complete garbage). It also has the benefit of being attached to “The Trailer Park Boys”, who are the most popular pot related celebrities in Canada.
They have nearly $170M CAD in cash combined in their business and savings accounts, as well as an additional $25M in receivables. This may decrease in their next report as they paid $36M (part cash part shares) for a small company they claim has $4M in EBITDA. Why did this profitable company have to sell? They may have been getting killed by finance costs, but now they are owned by a company that has plenty of cash, so the bottom line could see immediate benefit.
The problem with this company is that they deal in volume, so their margins are tight, going from negative two reports ago to about 18% this report. How will they improve this? In the conference call they explained that they are in the process of expanding their capacity by about 40% and will see results in two quarters. They went so far as to say that they currently can’t meet demand, so they will not only improve their margins, their volume will grow even more rapidly.
They also mentioned that they were able to raise prices on the aforementioned SKUs, which are the number 1 and 2 products in Canada, without resistance.
The morning they released their report, bids were coming in at breakout levels before market open, but the mega short crushed them, despite them already trading much lower than they were just a month ago, as if they were expecting a bad report. How was the short able to destroy an already destroyed stock after releasing a blockbuster report with all the key phrases investors love to hear? Wash trading with tons of margin.
The more impressive company is Decibel, who reported single digit QoQ revenue growth for the last two, but was above 20% just prior to that. Their growth has also been hamstrung by lack of grow capacity, but they completed the expansion to their facilities a year ago and are now better able to meet demand. They were talking up their increased capacity and what it will do to growth all last year, with the quarter they will be reporting as their target for the real growth. Despite this, their concentrate products sell out quickly and can be hard to find.
Though the flower market has become very competitive over the last six months or so, concentrates are still in short supply as most growers don’t produce them, and Decibel has made a name for itself with their well priced, quality offerings.
Over the last six weeks, they have released news that should send them “to the moon.” In December, they announced that November saw record share in a growing market (unless you know a dealer who gets directly from skilled growers, you will now find much better quality, selection and price in the legal market than the blackmarket, so overall market growth is really picking up). This month, they announced that they further increased their share in December, so their revenue will obviously be strong.
Almost as importantly, they announced a $54M financing deal, which not only replaces their expensive convertible debentures to cheap long term debt, they have been given access to further credit if necessary. This comes after they raised cash at 29 cents a share last summer in a dilution, which they will not have to do again after this deal, and their move into profitability.
I say that as if they are not already profitable, but they have had EBITDA for a few quarters. Excluding their (formerly) high financing costs, they have already been operating at a profit.
Another point in their favour is margin, which was hit last time with a write off of old packaging. Their new packaging is nicer, and will not create the “one time” (their words) write off they incurred last time.
Given all this, why do they have a roughly $50M valuation- less than a years worth of revenue?
Wash trading done by a malicious short who simply doesn’t care about fundamentals. As effective as these tactics are, they cannot survive a serious onslaught of buyers, and the squeeze will begin.
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2022.01.26 11:17 Skotino47 Atropin Project - Frequency 
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2022.01.26 11:17 Ant-Scar-0101 1541: File Not Found Error
| Hello. |
My 1541 started acting up recently and will only give a "File Not Found Error" message. Before this, I can hear the head travel and shudder, twice I think.
Does anyone have any thoughts on where to begin troubleshooting this problem?
I appreciate the assistance.
submitted by Ant-Scar-0101 to c64 [link] [comments]
2022.01.26 11:17 sds2000 Do what you want with this information.
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2022.01.26 11:17 ChrisAC98 Gotham teaches en passant via osmosis
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2022.01.26 11:17 crazyredditor47 How can I download chrome's default wallpaper for desktop?
When one click on customize this page pencil on bottom left then chrome presents you with default background pictures some which I really like and I want to download them for setting my desktop wallpaper how can I do that?
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2022.01.26 11:17 EnvironmentalEye4719 Zoro v King
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2022.01.26 11:17 2Woodyy Fit chefs are most probably masters of delayed gratification.
2022.01.26 11:17 Brilliant_Link6791 I wish Zoro had as good fights as Luffy
I know One Piece is not all about fights but yet again Zoro's main goal is to become the strongest swordsman and for that he needs to defeat the top swordsmen before he can challenge Mihawk. His fight with Mr. 1 and Ryuma are still my favorites and he never really fought any swordsmen post timeskip except for that octopus. I just hope that his fight with Shiryu and Mihawk will be one of the best One Piece fights.
submitted by Brilliant_Link6791 to OnePiece [link] [comments]
2022.01.26 11:17 Nandulal Disc Golf
2022.01.26 11:17 Unlucky_Country_9606 Three simple steps every day, that makes our day. Oh, and don't forget step 4: BUY MORE! 🔥
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2022.01.26 11:17 hands---free BOYFRIEND | Sample sentence: My boyfriend likes to eat his French fries with mayo.
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2022.01.26 11:17 FellowS8 This post is for all them toxic jason's out there
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2022.01.26 11:17 SamuelCheese98 Beat 433A
2022.01.26 11:17 astroboysoup MinSwap launches on Testnet. It's pretty nice.
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2022.01.26 11:17 lurkernoomore Question about Phobos 1st and 4th skill.
So Phobos‘ fourth skill „Mages terror“ changes the damage output of his first Ult skill. Leveling the first skill does not seem to have an effect on the damage under the last skill, which is still higher. Does this mean I can leave the first unleveled as it has no impact, or are the two cumulative?
Has anyone tested this?
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2022.01.26 11:17 AcanthaceaeFit3548 Molly Eskam - Se.x Tape So Hotttt
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2022.01.26 11:17 EmperorChimp Ready or Not guide in Turkish for Turkish community
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2022.01.26 11:17 haistelija On the ice again!
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2022.01.26 11:17 joneiii Black widow catches a whole ass snake in its web
|submitted by joneiii to woahdude [link] [comments]|
2022.01.26 11:17 AcanthaceaeFit3548 Molly Eskam - Se.x Tape So Hotttt
|submitted by AcanthaceaeFit3548 to mollyeskam1 [link] [comments]|
2022.01.26 11:17 Troutingforest Why does it always take me a long time to drill a hole and does anyone have any sugestions / tips or workouts to get stronger , Thank you very much
submitted by Troutingforest to IceFishing [link] [comments]
2022.01.26 11:17 Saniatislam Fipi
A good platform and talented team with a practical idea, has long-term and detailed development plans. great development! everything on the roadmap.go ahead.#FiPi #Presale #FiPiIndexes #IDO #FiPiAPP
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