Do you mean SLTK? The Cannabis sector became crazily
overbought and has been correcting (accelerated lately) over the
past few weeks which has pressured SLTK as well. We sold the pop
and I have been scaling very slowly just recently on the pullback.
The company has several constructive deals in the works
(meaningful fundamental drivers) and business is good for Q1
(expect revenues to be up 30-50%) from core business. Also
expect to launch nutrient sales this month. With that said,
you may want to wait for the stock to stabilize and turn with the
market and sector quite loose. See MJX and HMMJ.TO
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Any thots on STKL? Own
Posted by jdaswani on 1st of Feb 2018 at 02:32 pm
Any thots on STKL? Own a small lot, so its not the end of the world, but down about 25% the past week or so.
Do you mean SLTK? The
Posted by steve on 1st of Feb 2018 at 02:57 pm
Do you mean SLTK? The Cannabis sector became crazily overbought and has been correcting (accelerated lately) over the past few weeks which has pressured SLTK as well. We sold the pop and I have been scaling very slowly just recently on the pullback. The company has several constructive deals in the works (meaningful fundamental drivers) and business is good for Q1 (expect revenues to be up 30-50%) from core business. Also expect to launch nutrient sales this month. With that said, you may want to wait for the stock to stabilize and turn with the market and sector quite loose. See MJX and HMMJ.TO