$SUNDIAL GROWERS INC.
For anyone who doesn't understand why this stock isn't trading at the same level $TILRAY, INC.
, $Aurora Cannabis
or any of the other pot stocks wouldn't have much dd at all to realize why. Just look at the free float. TILRAY for example has around 150 million free float, they also made a 20% jump on 25 million volume today. Sundial has around 750 million free float and has moved about 15% today on 325 million volume so far. If Sundial only had 25 million volume like it wouldn't move at all.
My personal thoughts are that if this company ever wants to see anything over $1 they would need to reduce the free float by 60-70%. Don't get me wrong, I have made good money here, but anything over $1-$1.50 is just unrealistic. Even $1 is high but doable with the volume and hype. You have to remember that at $1 the company would have a $760 million market cap, kinda high for a company that did about $60 million in revenue last year.
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There are more than 130 companies scheduled to report earnings this week, including $Netflix
, $Bank of America
, $Goldman Sachs
, $Procter Gamble
, $Charles Schwab
, $Morgan Stanley
, $ASML Holding
, and more.
You can head over to the Market tab to check out more details on upcoming earnings. Webull News 01/19/2021 10:32
$Palantir Technologies Inc.
🤯 $170,000.00 gains today & 300k Gains in the last 3 months 💎🙌 CLICK ON MY NAME & ADD ME ❤ if you want to find out how I do it 🤷♂️ or not it's up to you.CEO - Minuteman Power Services 01/22/2021 21:54