11/14/2020 17:38

$SUNDIAL GROWERS INC. Just a opinion about reverse split. A reverse split doesnt mean company will end. check out$$MicroSectors™ US Big Oil 3X Lvrgd ETN , it under went 1:20 reverse split in Oct and price went around $21 dollars and bounced back to $45 last week. I'm not telling Sundial growers will also bounce back if splits, but just telling, its not the end. This is for whoever planning to sell in loss.
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.


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All Comments(5)

scr***com11/14/2020 19:37
ACB as well


Cyrus11/14/2020 17:47
And your example is a leveraged ETF, bad example. RS are common and theyre designed for short holds. They all lose their value over time. Buy it today and youll be down 90% in a few years

Cyrus11/14/2020 17:58

Or check out the charts. All in a downtrend. Etf’s are to be played from the dips

Cyrus11/14/2020 17:55

Maybe less than a few years. Look at YTD returns on leveraged etf’s


Cyrus11/14/2020 17:45
Look at ACB also. A RS isnt something you want to hold through. The hill you have to climb if youre down is greater. % is Still the Same.

Down .10 and they do a 10:1 RS. Now youre down $1.

$Sunesis Pharma is another example. Theyve been praying for a buyout for months. A lot of people lost a lot of money beacuse of the false hope they got through the comment section. Same thing is going on here. People fell in love


Scarborough 11/14/2020 17:42
if that news posted to business insider comes out this will be over a dollar about them supplying medical cannabis to a state in the United States. I know if they secure the United States and they post that it will go well over a dollar.

Cyrus11/14/2020 18:23

You hope it will

GP11/14/2020 17:44

Hopefully its not fake


Scarborough 11/14/2020 17:42
I don't think that they will split though December 28th comes to ask for the three month extension. I honestly think they have a trick up their sleeve and will release a bombshell you got to remember this thing was $0.80 and then shorts brought it right back down. I remember it got to $0.80 in 30 minutes. I already said it I would hold through a reverse split they are quite profitable if you can hold and the company starts to go up higher.

Cyrus11/14/2020 17:54

You would be a lot better off selling and rebuying after the split if you believe in the company. Once its announced the price is going to tank hard. Then youll usually have a big dip after the split. And a 70% chance theyll do an offering shortly after


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$SUNDIAL GROWERS INC. Im not rich by any means I invest what I can afford to Today so Far Is My Best Day Ever In the Market ! Let's all have a Blessed day 🙏 Friend's and SNDL FamilySim***com 12/01/2020 11:52
$SUNDIAL GROWERS INC. I honestly don't know what to do. I am just watching my money going down the drainblack lion 12/01/2020 16:05