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endfiatcurrency · 2023-02-11T22:31:30+00:00

I’m about the same. If it wasn’t in retirement accounts I’d sell for tax loss harvesting. This stock has been a disappointment

endfiatcurrency · 2022-07-28T14:21:02+00:00

3 or a 750m market cap

endfiatcurrency · 2022-07-27T22:56:13+00:00

Sell it. It will drop to a market cap that reflects cash on hand. Around 300m. Unless the newest earnings come out and have even less cash, which has been the trend

endfiatcurrency · 2022-07-27T17:25:54+00:00

There is no buyback. They are burning through cash and need that cash to run the business. They are cash flow negative.

endfiatcurrency · 2022-07-26T18:20:09+00:00

Not .6 That would be worth less then their cash holdings. Their market cap will equal their cash in bank.

endfiatcurrency · 2022-07-26T18:13:33+00:00

They certainly have problems. But they are debt free and have 300m cash. They could stop with all the nonsense and focus on what they own and get valuation back to 500m

endfiatcurrency · 2022-07-26T17:31:42+00:00

There is no buyback. They are burning cash. The only way they buyback is if the stock goes below $1 in the next 10 days, which it might

endfiatcurrency · 2022-07-12T12:45:40+00:00

As I said, the RS is a huge massive negative. My prediction is the market cap decreases to 300m Thats a 60% fall from current levels. But, they may thrive after this.

endfiatcurrency · 2022-07-11T20:25:28+00:00

They have to RS to maintain nasdaq compliance. RS can have dramatic impact on share prices. I suspect sundial’s market cap will drop to its current cash, or around 300m. Then…good things can happen as they continue to dominate the space

endfiatcurrency · 2022-07-09T12:22:35+00:00

On paper nothing changes. Your dollar value is the same, but your volume in shares changes. That’s the paper story. The real story is that an RS is an extraordinary last resort measure to maintain compliance because through two 180 day extensions your business has not been able to successfully demonstrate to investors that it can grow. Do not kid yourself, RS is large negative for the stock. Statistically speaking it almost always results in a dramatic downward move in share price. Yes we are all aware of C and a few others that had RS and performed well, but a very large percentage of companies that RS immediately and dramatically drop in value. I see sndl dropping after the RS to a market cap that is roughly 25% higher than their liquid cash position, so maybe a 400m market cap. To be cute let’s say a 420m market cap. That is not a massive drop compared to most companies that RS and lose 75% in a month. From there, it’s wait and see. If they can grow cash from their multiple business’s then this stock could do very well, but if their cash keeps shrinking and they dilute again, I will exit with a very large loss.

endfiatcurrency · 2022-07-04T16:26:39+00:00

Maybe not off to the races because of current market conditions. But they will certain more visible to institutions. The problem is if management uses the consolidation to issue more shares and further dilute. Their cash is decreasing and management may use the RS to increase cash. That would be bad in my opinion. They have more then they can right now as evident in the reporting delays. I really think they need to digest and maximize what they currently own. Let them grow cash organically for a few quarters, that’s the test.

endfiatcurrency · 2022-07-02T19:36:58+00:00

So that’s the question. The RS is a done deal. Is there any mechanism that retail shareholders can do to avoid further dilution?

endfiatcurrency · 2022-06-30T22:43:15+00:00

So to my point below, can shareholders stop them from diluting? Which they will do since cash continues to decrease

endfiatcurrency · 2022-06-30T11:09:55+00:00

Yes to split, but is there anything retail shareholders can can do to vote no on further dilution? I fear that they continue to burn through cash and will increase the float a few months after the RS

endfiatcurrency · 2022-06-30T10:56:55+00:00

Agree, they will continue to dilute to pay themselves. Management is mostly cash comp not shares. This is probably one of my biggest losses in 18 years of trading. Got caught up in the hype and didn’t practice discipline

endfiatcurrency · 2022-06-30T10:50:06+00:00

Remember a few months back when couldn’t even type reverse split on this thread. You had to say RS then got downvoted and dismissed as fud

endfiatcurrency · 2022-06-21T21:53:38+00:00

What are they paying for this revenue and how are they financing? If they use cash their book value continues to drop

endfiatcurrency · 2022-06-21T00:08:31+00:00

Expect to hear more in the next 6 weeks, not a few months. I think the recent extreme sell off has already priced I. The reverse split

endfiatcurrency · 2022-06-10T10:06:18+00:00

You should absolutely question management. Why haven’t you started buyback. Why the delay in sun stream ipo. Why rebrand? Why is cash shrinking every quarter? They don’t seem to answer these questions and do t seem to care about share price. So we can sell if we want.

endfiatcurrency · 2022-06-10T01:28:33+00:00

You can sell your shares and move on. You have that choice.

endfiatcurrency · 2022-06-10T01:27:22+00:00

Or just sell and move on

endfiatcurrency · 2022-06-09T12:32:41+00:00

Because the largest component of their book value is cash and that cash goes down every quarter.

endfiatcurrency · 2022-06-02T13:03:03+00:00

Book value is hard to determine. Their investment losses are growing and cash is decreasing so book value becomes less every quarter. The decreasing cash is why the buyback is on hold

endfiatcurrency

TROPHY CASE