As I said, the market doesn't know hydroponic food growing will be a thing. The market thinks we are facing global warming since the real science has been sacrificed to the altar of government funded politically driven agenda fudging research. Not that it was even well fudged, how many of those studies were caught red handed, or had to admit using wrong factors, wrong time predictions, the whole think is laughable.
I believe we now know why RGI went on to 70c on no news... timing works out. You don't invest that kind of money, without a bit of research, talks, and so on, deal was probably locked in around Jan. Nobody will ever know because Jan was hot for all of medicinal cannabis.
At the moment, this is an industrial stock, it needs to sell machines and systems. I think RB is right, this is starting to outline a trend which the market will price in. It's a genuine avenue to sell the systems.
There is clearly a market maker, a liquidity trader, those orders will move if demand is strong.
The issue is that quite a bit of interest has been lost with the weird positioning as an industrial stock but in medicinal cannabis and also because of the low liquidity.
It's still one of my favorite stock to 5X quickly. The level of professionalism of the prospectus clearly shows hard work has been put in, the optimism in the numbers too.
They know the pipeline is full, they just couldn't explain why they'd plan this kind of growth.
This is going to be good.
RGI Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
