We are seeing the exact same fractals play out time and time again. Trend is up, IMO here is a good time to start layering buys. Bullish divergence forming on daily but not yet confirmed as we need a few more daily closes.
Technicals evidently look Bullish, fundamentally undervalued as well
TGOD.WT ARE 13X OVERVALUED TGOD.WS ARE 3X UNDERVALUED There are a few different variables one can use to price Warrants, most important ones being Intrinsic Value & Time Premium. INTRINSIC VALUE (IV) = Share price - Strike price TGOD.WS (IV) = .5 - 1 = -.50$ TGOD.WT (IV) = .5 - 3 = -2.50$ The intrinsic value for both is out of the money but they trade above 0$...
TORONTO, May 19, 2020 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TSX:TGOD) (US:TGODF), a leading producer of premium certified organic cannabis, is pleased to announce that it has signed a supply agreement with Medical Cannabis by Shoppers™ ("Shoppers"), a subsidiary of Shoppers Drug Mart Inc., making their certified organic...
HALVING IS CREEPING UP, IS THE CRYPTO MARKET THAT EFFICIENT & GOT THAT BAKED INTO THE PRICE ALREADY OR?
last year when we touched a new 52wl the bullish rsi divergence was broken, but shortly recovered and remained on its path the stock gained 175% towards earnings. Could repeat imo. Not investment advice
I think earnings will surprise us..... also this-> "With a more conscious/smart consumer and the fact that were not just ingesting but burning these chemicals TGOD will carve out a nice piece of the market for itself, a piece of the market that statistically has more disposable income and is willing to pay for quality." Here is a list of 90 some chemicals...
probably won't do much for a bit but who knows not investment advice
THE GREEN ORGANIC DUTCHMAN CHART NOT INVESTMENT ADVICE JUST OPINIONS AND TA PRACTICE
Here is a breakdown I did of the relative cost of warrants (RCW) in respect to cost of SP (3$ to exercise Warrants) Shares VS Warrants %RCW $10.24 $3.51 34.3% $5.81 $2.76 47.4% $4.63 $2.34 50.4% $3.69 $1.71 46% $2.65 $1.05 39.6% $0.75 $0.21 28% Todays Sale Dec...