They expect their new shelf prospectus and reverse split to be completed on May 11. Based on last week's market cap, we would be looking at 35% dilution, but after yesterday's sell off, it is getting closer to 50%. I had a buy box for a bounce play, but for the time being, I will be avoiding ACB like the plague. ACB and CGC, they once were kings of a promised...
I don't know about you, but I absolutely love this chart. It hit my target as if it was my birthright, and is currently, carefully attempting a bounce. I'm not sure what is keeping her, and I do anticipate a touch of the lower yellow line, but Valens, like LABS, is a solid bet in these scary times. Short term, I am looking for a gap close, then, ultimately, a...
Fundamentally strong, and possibly a bright future. Current levels complete the .618 retracement, with lots of confluence between the various rallies of the recent past. That is not to say that we have a bottom, but I dare to go long here.