Going back to basics. This is on my watch list. Keeping an eye on the 10 day moving average to cross back over the 50 day as a potential long play as long as there is price action. This would have been a perfect short if I caught it earlier in April / May.
If you must have news -This stock has taken a major hit and could be delisted due to loss of value and possibly have their grow license yanked. There has been major management shakeup. The company still has lots of assets and some cash left that is burning until it gets to sell it's product again. The company can turn around but may be a few months out. There are still some major investors holding onto this stock and hoping for the best. If Health Canada yanks their license then the stock is toast.
If you must have news -This stock has taken a major hit and could be delisted due to loss of value and possibly have their grow license yanked. There has been major management shakeup. The company still has lots of assets and some cash left that is burning until it gets to sell it's product again. The company can turn around but may be a few months out. There are still some major investors holding onto this stock and hoping for the best. If Health Canada yanks their license then the stock is toast.