From YOLO to POT, from 0 to 100
Updated
https://www.tradingview.com/x/EyH4mYxF/
I told you about Sunniva and my lucky entry at around 3 canadian dollar. Like Sunniva I also see a long up move in weekend unlimited.
First traded under the symbol YOLO (you only live once) they were absolutely lucky to win the symbol lottery when it was about who will trade under the ticker POT. There are only two big ticker symbols that really stand out for the companies business. Thats WEED and POT. WEED is canopy growth like most of you might know and now there is POT wich belongs to weekend unlimited. They state their selves as a lifestyle cannabis company. Its about Canna Candy, Champ and Verve Beverages, Glas blowing, Organic bio canna farming and events with majority canna consumers. On the day they announced the ticker winning they went from around 0,13 CAD to 0,30s CAD and I saw the gap they made and was patient enough to wait for the almost gap close wich happened on friday at 0,135 CAD. So my first entry was at 0,14 CAD and I will take the second part at around 0,10 CAD if it will ever see it. I really believe in the strategy to acquire other companies in the sector but taking the second route. Not the cannabis only production but the everything around that.
My plan is to really stick to these two SUNNIVA and WEEKEND UNLIMITED for a long time and let them develop them selves. To many of the major players are absolutely overvalued in my opinion and here we get the uncut diamonds. And they both also operate in California, the biggest market when it comes to POT
Just my opinion so make your own research
And like always
May the markets be with you
For more please follow me here and on twitter
I told you about Sunniva and my lucky entry at around 3 canadian dollar. Like Sunniva I also see a long up move in weekend unlimited.
First traded under the symbol YOLO (you only live once) they were absolutely lucky to win the symbol lottery when it was about who will trade under the ticker POT. There are only two big ticker symbols that really stand out for the companies business. Thats WEED and POT. WEED is canopy growth like most of you might know and now there is POT wich belongs to weekend unlimited. They state their selves as a lifestyle cannabis company. Its about Canna Candy, Champ and Verve Beverages, Glas blowing, Organic bio canna farming and events with majority canna consumers. On the day they announced the ticker winning they went from around 0,13 CAD to 0,30s CAD and I saw the gap they made and was patient enough to wait for the almost gap close wich happened on friday at 0,135 CAD. So my first entry was at 0,14 CAD and I will take the second part at around 0,10 CAD if it will ever see it. I really believe in the strategy to acquire other companies in the sector but taking the second route. Not the cannabis only production but the everything around that.
My plan is to really stick to these two SUNNIVA and WEEKEND UNLIMITED for a long time and let them develop them selves. To many of the major players are absolutely overvalued in my opinion and here we get the uncut diamonds. And they both also operate in California, the biggest market when it comes to POT
Just my opinion so make your own research
And like always
May the markets be with you
For more please follow me here and on twitter
Note
So as we see, that wasn't a good entry and if we get to 0.075 im out.You can't always win so take the loss and move on
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.