Sundial Growers Inc
52 Week High
52 Week Low
7 Days Mentions
30 days of ITM calls swapped like a junky. BB down 6% SPY up 1%. My portfolio up 20% (I also dumped a -955 loss on SNDL and -400 on bad cash for garbage trades) can someone please explain why I'm winning? Is my timing just good or am playing a strategy I don't understand?
Economists have been saying this for months. The fall will be sequential: SPY and big tech invested by boomers listening to and respecting experts, small tech like ARKK invested by some retards, and lastly GME, AMC, SNDL, and other meme stocks invested by apes who can't count and have never heard of monetary policies. There are lots of money to be made on the meme stock puts now.
SNDL is under the threat of being delisted...again. They have until 2/7 to get their stock price above $1 and with no debt and a profitable EPS forecast, I can't see management not trying SOMETHING before then. It somehow magically did so during the summer in the first two weeks of June. https://investorplace.com/2022/01/sundial-growers-running-out-of-time-to-avoid-nasdaq-delisting/
Lol, I know they do. But I feel for business sakes they need to put their differences aside and work together. Both of them are focused on recreational sales while others like Tilray are focused on exports and medical with slim recreational margins good enough to just compete with SNDL & HEXO. I say this cause— HEXO plans could merge with Tilray. Tilray wants to compete for and take back some of the market shares it’s lost in Canada focusing on international business. However, the FTC(for Canada) I believe won’t let that happen. Shit they barely wanted the Aphria/Tilray deal to go through. So, really I don’t see anyone else they could merge with to compete the their FTC would give a nod too. Otherwise, I see companies like this being drowned out due to the sluggishness of cannabis legalization in the U.S. Hexo and Sundial both need American legalization— their both into recreational use and here in the states that’s the primary product sold outside of edibles— recreational sales. American legalization may come at the latest 2024. But IMO(not facts) I don’t see Hexo lasting till the with the debt and funding they’ll need for it’s product new and old. I’m not hating just analyzing. I’ve even given thought to investing in them strictly for M&A reasons.
A year ago the best day of my life happened with AMC. Had $36k~ at $3.16, sold $166k~ around $15.12. Immediately threw $136k into $SNDL at $1.36 and that's when RH removed the buy button and I panic sold the dip at $1 losing $36k. I then had $$ in $LCID from $12.52 and sold at $36.60s for $75k profit. I then lost that in a certain SPAC where I YOLOd $200k+ at $17s and sold at $11s... I've been chasing that high for the last year and haven't made a significant move upward. I actually underperformed SPY ever since.. Only 60% left to go to 0, am I right?
Wish $2 to $32 SNDL 30 cents to $3, PROG 80 cents to $6 AMC $2 to $72 , BBIG $2 to $5.99 There is a lot of money to be made, you just have to be realistic with yourself sometimes. You’re not going to beat the MM or HF at its own game and you have to come to conclusion with yourself that no matter how much you cry and post manipulation or P&D after, it’s usually you’re own fault for marrying the stock and not realizing gains because someone idiot on the internet posted a DD and GME like price targets for mostly garbage stocks lol
I've held BBIG for 5 months, idc, but man this group has such little confidence. If the people can't hold through a dollar or two price change, I doubt this subreddit will ever achieve anything without subreddits like WSB - where people actually know what HODL stands for. Obviously not every ticker can be a Shortsqueeze and I'm not in it for just a simple Shortsqueeze, but man people are using this Subreddit as a way to double their investment and then disappear just consistently. It happened with WISH, SNDL, PROG, AMC and now BBIG. Real shamesies.
During january 21' events, AMC (as BB, SNDL and so many others) was pumped and hyped by Hedge Funds who were short against GME, to distract retail money from it. It was one of many other tactics they used, but a really useful one. Many retails who "were late" for GME, fell into this stock, which scenario and growth+squeeze potential heavily differs from GME one.