It's a massacre out here. Could drop below March 2020 levels looks like
Thats weird. Swppx wont come up at the bottom cause its a fund and not a stock. You need to type in swppx in the top search bar and click search and a new page should appear for swppx.
Thanks. I found it on the actual website under mutual funds but not the app. Maybe I have to play around with it more but I'll find it.
Yea shout out @DOS_patos for putting us on to UCO and @AZTG for having the patience to explain why I should buy more to average down after the reverse split fucked me up. The real mvp's!Was looking at mines like...
View attachment 532111
Yea shout out @DOS_patos for putting us on to UCO and @AZTG for having the patience to explain why I should buy more to average down after the reverse split fucked me up. The real mvp's!
Lmao is that shit even possible?Lmaooo. Yooo I remember that.
So you gon pass off a few shares to me?
Lmao is that shit even possible?
Yea shout out @DOS_patos for putting us on to UCO and @AZTG for having the patience to explain why I should buy more to average down after the reverse split fucked me up. The real mvp's!
Most cannabis companies that list their stocks in the United States grow their products in indoor greenhouses, often in Canada.
But a company named Flora Growth that went public on the Nasdaq on Tuesday is taking a different approach. Although headquartered in Toronto, its agricultural operations are in Colombia. And it cultivates cannabis the old-fashioned way: outdoors.
Why? It's a lot cheaper.
It costs Flora Growth just 6 cents to cultivate a gram of dry flower for medicinal grade cannabis in Colombia, compared to about $1.25 a gram indoors in North America, CEO Luis Merchan said in an interview with CNN Business before the IPO.
Flora shares fall in IPO
But investors didn't seem too impressed with Flora Growth, which makes cannabis-based food and beauty products. Shares fell more than 4%. The company priced its offering at the high end of its proposed range.
Flora Growth is still tiny compared to larger cannabis firms like Canopy, Altria (MO)-backed Cronos (CRON) and Tilray (TLRY), which recently merged with Aphria to create the world's largest pot company.
Flora generated just $106,000 in revenue last year as it started to ramp up production, and the company is not yet profitable. But Merchan pointed out that at a time when many private companies have chosen to go public via mergers with blank check special purpose acquisition companies (SPACs), Flora did a traditional initial public offering.
Major cannabis stocks surged at the start of 2021 -— in part due to more states legalizing marijuana and the fact that Democrats now control Congress and the White House. But shares have since pulled back sharply from their highs
But Merchan is confident the company will eventually make money as a low-cost producer of cannabis-related products — even in an increasingly crowded market.
He added that selling recreational cannabis, i.e. pre-rolled joints or other products that consumers can smoke or vape, is not a high priority right now. Instead, Flora Growth is focusing on things like cannabis-infused chocolate and other candy, as well as personal care products.
Merchan said Flora decided to file for an IPO was to prove to investors that it can handle the increased scrutiny that comes with filing paperwork with the Securities and Exchange Commission.
Man $RYCEY better pay off Ive been picking up more and more shares all this time.
I currently have a limit order at $1.45 that wont hit...does that mean no sellers on the other side?