ALEF - lower high or lower low
Where is she headed? This has to the be THE single most undervalued pot stock at this time. With a capacity that is greater than Cronos, this #6 biggest player by production capacity is long overdue for some attention. Strong fundamentals, presenting earning next week. A beat would have this stock search for a weekly lower high, then hopefully a higher low, followed by a higher high.
Looking historically, it would seem that $1.50 is about as low as it gets, though an earnings miss may have her search a deeper bottom.
Fingers crossed, those with a position, I'm sure we're all somewhat it the reds at this time. I strongly believe that ALEF should be trading at a valuation of around CAD$ 6 at this point, judging from it's peers' valuations and ALEF's potential forward revenue. Maybe, once the trend turns and Aleafia gathers the momentum it is working for, we'll see a better valuation in the second half of this year.
#Long ALEF
Looking historically, it would seem that $1.50 is about as low as it gets, though an earnings miss may have her search a deeper bottom.
Fingers crossed, those with a position, I'm sure we're all somewhat it the reds at this time. I strongly believe that ALEF should be trading at a valuation of around CAD$ 6 at this point, judging from it's peers' valuations and ALEF's potential forward revenue. Maybe, once the trend turns and Aleafia gathers the momentum it is working for, we'll see a better valuation in the second half of this year.
#Long ALEF
🅱🄰🆁🅺🆆🄾🆁🆃🅷
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