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SNDL

SNDL / Sundial Growers / Technical/fundamental analysis 30/11/20Long @ 0.399 / 2k shares Fundamental aspect of trade CALGARY, AB, Nov. 30, 2020 /PRNewswire/ - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial" or the "Company") provides an update on the elimination of its senior secured second lien convertible notes and further improvements to its balance sheet. Yesterday the company announced update of eliminating its debt and the chart has reacted positively. Its debt has been reduced significantly over past year. Company has decent amount of cash (60M CAD) and has succesfully pursued transition from wholesale into branded sales. Long term outlook for profitability after recent ER is bullish for me. Focus on shareholder value and improving price. Techical aspect of the trade The price has been climbing premarket and then dropped into .48 - .49 before market opening. We saw a bear trap formed and then a big ascend to .70 - .85, then consolidating on .70. Price in German stock market traded on early Tuesday morning, 1.12.2020 indicates .79 to .85 price range after converted to USD. The price reacts to upcoming legalization bill vote in US House of Representatives, then by Senate. Other cannabis stocks are showing similiar moves. Chart is witnessing extreme volume - over 2 billion shares were traded intraday on 30th of November. Liquidity on pennystocks is the main driver for my trades. Fintel shows some very interesting names among institutional holders.
NASDAQ:SNDLLong
by JGenkov
SNDL Sundial Fibonacci retracement completedAfter the Tech bubble and the EV bubble now it`s the time for the Cannabis market to shine! :) Sundial Growers engages in the production and distribution of flower, pre-rolls and vapes. It operates through the following segments: Cannabis, Ornamental Flowers, and Corporate. If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
NASDAQ:SNDLLong
by TopgOptions
12
$SNDL Major Earnings Beat TBH IMO PT $1.50+Sundial Growers , Inc. engages in the production and distribution of flower, pre-rolls and vapes. It operates through the following segments: Cannabis, Ornamental Flowers, and Corporate. Aug 13 (Reuters): NET CANNABIS REVENUE FOR Q2 OF 2020 WAS $20.2 MILLION, AN INCREASE OF 44% OVER Q1 OF 2020 6/29/2020 BMO Capital Markets Upgrade Underperform ➝ Market Perform target price $1.00 If we divide the equity value or total value which is the sum of the present value of the future cash flows, which in this case is CA$282m by the number of shares outstanding relative to the current share price we get a valuation of .75 which in my opinion is still highly undervalued. The company's goal is to provide customers with the best quality cannabis with the help of experts in the growing field. The company’s partners include the University of Saskatchewan, University of Calgary, Inplanta Biotechnology, PlantBiosis, Town of Olds and Olds College. Sundial Growers operates several different brands that it sells its cannabis products through. That includes Sundial, Top Leaf, BC Weed Co., Palmetto, and Grasslands. "CALGARY, AB, Nov. 9, 2020 /PRNewswire/ - Sundial Growers Inc. ("Sundial" or the "Company"), is pleased to announce that it has entered into a sales and distribution agreement (the "Agreement") with local company Choklat Inc. ("Choklat"), a Health Canada licensed chocolatier company focused on offering decadent confections with high-quality flavour. The new collaboration between the two Alberta-based companies provides Sundial the opportunity to continue to expand its product portfolio and enter the edible market." "CALGARY, AB, Oct. 20, 2020 /PRNewswire/ - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial" or the "Company"), is pleased to announce the expansion of its Palmetto brand presence across Canada.cConsistent with Sundial's focus on premium inhalables, the Palmetto brand offers a diverse product portfolio to accommodate consumers looking for an experience that offers convenient, high-quality products alongside unique branding. Palmetto's dried flower format recently launched in Quebec and was sold out within two weeks, indicating early resonance with consumers in a rapidly expanding and competitive market." My own PT around $3 by EOM
NASDAQ:SNDLLong
by StockGuild
6
SNDL SUNDIAL GROWERS INC upside potentialAug 13 (Reuters): NET CANNABIS REVENUE FOR Q2 OF 2020 WAS $20.2 MILLION, AN INCREASE OF 44% OVER Q1 OF 2020 Sundial Growers, Inc. engages in the production and distribution of flower, pre-rolls and vapes. It operates through the following segments: Cannabis, Ornamental Flowers, and Corporate. 6/29/2020 BMO Capital Markets Upgrade Underperform ➝ Market Perform target price $1.00 Market cap: 75.147M Net Income: $-204,570,000 If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
NASDAQ:SNDLLong
by TopgOptions
8
SNDL - Once It Reverses - Big Returns and Easy Levels to TradeThis one I would absolutely keep an eye on. Look at where it was prior the virus. IMO which I have been right about a lot of these already. A drastic drop in price from the virus will likely recover such as AMC and MRO as my latest. The virus is not permanent. Yes of course it could close down businesses. My point being is where is the value without the virus? ALSO this a new stock. These are the best in my opinion to trade. Once this breaks I will update.
NASDAQ:SNDLLong
by DigitalData
1