Seems we are entering a very interesting phase with the results due soon of the Quarterly Financials and the Epidiolex program. IMHO they are not linked as the big one has to be the Epidiolex program results as that deals with the future, the financials deal with the past. A positive sign may be the number of Abstracts being presented at the AES meeting by GWP the timing of which could be perfect if indeed the program is going well. Also interesting is the number of Hedge Funds that appear to have taken a position in GWP. They must expect something. So hang on, been a long ride for those of us who have been in GWP a while and for those new I hope we can share good times ahead.
I think we will get the info as it happens 4-8 dec from somewhere so keep your eyes on it ;), could be lots of pops in december, then jan, just hope the earnings dont take us down... if they beat estimates we should be well on our way up, its been heading upwards despite all the noise and bearish chart set up, so im cautiously optimistic at the mo, the thanksgiving sell off could of been much worse.
Crazy times at the mo, anyone's guess where this is headed in the short term, charts are not good, and as lots of traders use them i think volatile trading will be the norm for a while 420 (ish) PT here based on technical's
one thing is for sure, CBD works, how much money that generates is probably the main concern out there at the mo imo, i think GW need to beat estimates this Q to restore some confidence, and cut through the noise from the markets in general that has helped GW drop from its all time high.
so load up your gun, spin the barrel, and pull the trigger, its a leap of faith.
yeah, i agree, but it caused a flash crash down about 10% on nasdaq last night. and it only half recovered, so was it clever timing by a big short as the chart technical's are now not on our side...or just a panic sell on poor info?
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