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HEXO

Cannabis Stocks Crash / Lawsuit Against HEXO Corp.A LEADING LAW FIRM, Announces Filing of Securities Class Action Lawsuit Against HEXO Corp. - HEXO According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) HEXO's reported inventory was misstated as the Company was failing to write down or write off obsolete product that no longer had value; (2) HEXO was engaging in channel-stuffing in order to inflate its revenue figures and meet or exceed revenue guidance provided to investors; (3) HEXO was cultivating cannabis at its facility in Niagara, Ontario that was not appropriately licensed by Health Canada; and (4) as a result, HEXO's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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by CryptoTrend-Alerts
1
HEXO. ITS TIME TO EAT FAM. BUY NOW, PROFIT LATER.HEXO Majorly Oversold. Pot Bubble POPPED. Bottom is sunken in. Weak hands shook. Time for the big daddy's to take a TURBO LONG. Buy when Blood is in the streets (and we are past a massacre) There is huge bullish divergence on RSI This is support zone KNOWN from WAY back. Sunken GAP that will be filled for T4 This will take few weeks to play out. Easy Money here. If you wanna win, Follow me. Say less, lets get this bread. BUY NOW, PROFIT LATER. ________________________ PREMIUM XSR SIGNAL: Entry: $1.80-$.196 Target 1: $2.25 Target 2: $2.59 Target 3: $3.00 Target 4: $3.58 _______________________ Remember, "WE DON'T HIT STOP LOSSES, WE HIT TARGETS" - LL XSR <3
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by XSEANRYAN
HEXOCORP LONGLooks like a fantastic opportunity. This is not a fundamentally driven trade but does have a fantastic RR and is positioned for a meaningful bounce on the market open. I dont usually trade stocks but because the cryptomarket is experiencing little to no volatility at this time it is a good idea to look into other asset classes in search of this volatility. Im going in.... cant wait for crypto to have some direction again. This lethargy really is enough to gag a maggot. God Speed, Mr. Manbearpig
HLong
by MrLucifer7
4
End of the Hex on Hexo?Just looking through some MJ charts and this one stood out. Of course it depends on what the overall market does, but there are some nice signs here - double bottom, bullish divergence on daily rsi, holding onto a weekly trendline, close to an ADX cross etc. Had a nice green volume spike Friday, and I'd like to see what the retracement looks like. It's risky to enter right away, but putting it on a watch list would be smart. Remember, everything could go a lot lower than we think! Best wishes to you and your trades
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by the_sunship
HEXO Good Time to Buy?!?Hello everyone! I'm fairly new to posting TA and we'll see where this goes. I try to keep my TA simple by using Trend Lines and watching the RSI. One of my coworkers has been raving about HEXO for a few months now. I've been watching and kept telling him HEXO is a on a strong downtrend and I'd buy after HEXO breaks through this downtrend. As of August 8th it looks like we may have broken through this downtrend and we are currently working on a positive uptrend. I finally bought in at 4.58 I have alerts set for when HEXO goes below my green uptrend line; I'll update my trend line as HEXO matures. I read on CNNMoney that HEXO is a buy and their analyst are giving HEXO a range of a low at 5.78 and a high of 10.60 and a median of 7.97 over the next year. This is a long term investment and it seems promising.
HLong
by whitestar262
1
$OGI Showing Signs of a Bottom Despite Continued Sector Rout$OGI has held the 200DMA as support the last two trading sessions & on July 15th. Hammer candle was put in on 7/29 followed by a bullish engulfing signal today. OGI current trades at a 10x P/E 2019 revenue and a 3-4x P/E on FY2020 revenue estimates. We see several near-term catalysts for $OGI and feel the stock will benefit immensely once the current industry chaos settles down (CTST, APHA, HEXO, etc) The company announced July 15th, it developed a Rapid-Onset Nano-Emulsification Technology for Cannabis Beverages with an initial onset of 10-15 mins vs 60-90 mins on average. The company also clearly told the market they're actively seeking a beverage partner & is for sale. Management has proven they can execute with positive adjusted EBITDA 4x Qs in a row, minimal dilution to shareholders vs peers, disciplined w/ expenses (No $600M losses here), and a very transparent with investors. $OGI management won't pump the stock & give unrealistic guidance like some of its peers, $OGI is focused on building an operationally sound profitable cannabis company in Canada & Internationally. We expect $OGI to get a lot of attention from institutional & retail investors state-side in 2H 2019 as investors begin to pay more attention to market caps, margins, profit/loss, etc. The industry is maturing very quickly and we believe investors will begin to see $OGI as a Top 3 LP. Time will tell... ***Disclaimer: I am long $OGI. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.***
NASDAQ:OGILong
by cb035
1