OGI Organigram Holdings Great Earnings Call and Price Targets OGI is free of any significant debt after repaying our entire term loan balance of 58.5 million!
The company currently has 220 million in cash and short-term investments!
The Market Cap is only 880.85M!
Q3 results:
- Gross revenue grew 51% from Q2 2021 to 31% from the same period in fiscal 2020 to 29.1 million.
- Net revenue grew 39% from Q2 and 13% from the same prior-year period, respectively, to 20.3 million.
- Cost of sales decreased 47% to 23.4 million from Q3 of 2020
- IFRS gross margin increased to a positive 2.1 million from a negative 50 million in Q3 of 2020, largely due to lower cost of sales
- net loss in Q3 of 2021 was reduced from Q3 2020 loss of 90 million to 4 million.
Tobacco giant BIT British American Tobacco made an investment in Canadian pot grower OGI Organigram Holdings. BIT has a 19.9% stake in Organigram for an investment equivalent to about $175 million.
The partnership also gives OrganiGram an opportunity to expand into the U.S. and new international markets.
1. My medium term price target is 4.5usd based on the resistance level
2. Fibonacci extension tool has a price target of 5.45usd
3. Stifel Nicolaus brokerage has a price target for OGI of $6.00
Did you know that you can buy it now similar to the price British American Tobacco paid for OGI Organigram Holdings?
Buy-signal
XELA Exela Technologies Price TargetOn 6/2/2021 Cantor Fitzgerald Brokerage Initiated Coverage with Overweight Rating and a Price Target of $4.00
Yesterday`s volume was 333Mil and a Market Cap of 165.738M
EBON Ebang Int. buy it cheaper than BlackRock !!On 5/7/2021 BlackRock Inc. held 858,760 shares of EBON Ebang International for a market value of $6.83Mil.
If we divide the value by the shares we will end up with an average price of 7.95usd per share.
And i don`t think they are willing to sell at a loss.
So if you buy EBON now, you will enter better than BlackRock Inc.
Isn`t it fantastic?
We see a strong support at 2.90usd and the last support at 2.40usd.
The upside is the 8usd resistance.
The price is now 3usd.
So you risk 20% for a potential gain of 165%!
I look forward to read your opinion on it!
RSLS ReShape Lifesciences Global Weight-Loss Leader | $ TargetOn 6/17/2021 Alliance Global Partners brokerage Boosted the Price Target for RSLS ReShape Lifesciences stock from $12.00 to $18.50!
ReShape Lifesciences is America's premier weight-loss solutions company.
The FDA-approved Lap-Band® program provides minimally invasive, long-term treatment of obesity and is an alternative to more invasive surgical stapling procedures such as the gastric bypass or sleeve gastrectomy.
The ReShape Vest™ System is an investigational (outside the U.S.) minimally invasive, laparoscopically implanted medical device that wraps around the stomach, emulating the gastric volume reduction effect of conventional weight-loss surgery. Reshapecare™ virtual health coaching program is a virtual telehealth weight management program that supports lifestyle changes for all weight-loss patients, to help them keep the weight off over time. (accesswire.com)
My price target is 12usd short term.
PUBM PubMatic Short InterestFrom what i researched, PUBM PubMatic has the highest short interest in the market, 55.04% of stock float shorted.
That makes it perfect for a short squeeze, taking into consideration also the recent JMP Securities price target of $64.
Maybe it was shorted because the insider Ownership Percentage is extremely high, 89.50%, and institutions wanted a piece of it at a smaller price.
I`m looking forward to read your opinion on PUBM PubMatic.
USDCHF BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity USDCHF .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
NZD-JPY Will Go UP From Support! Buy!
Hello,Traders!
NZD-JPY is retesting the strong daily support again
And I think there is a good chance we see a pullback
From the tight coiling trading pattern that we see right now
Buy!
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🏛SILVER WILL GO UP LONG↗️
☑️SILVER just broke out of the falling resistance
And has retested successfully
Now, the precious metal is trading above the new support
As well as above the horizontal support level
Thus,I think there is a great Long opportunity here
LONG↗️
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AUDCAD BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for BUY GOOD LUCK! Great BUY opportunity AUDCAD .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗