Monksdream
1 year ago
Leafly Holdings Inc NASDAQ: LFLY*
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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements
Communication Services : Interactive Media & Services | Small Cap ValueCompany profile
Leafly Holdings, Inc. is an online cannabis discovery marketplace and resource for cannabis consumers. It offers cannabis retailers and brands subscription-based marketplace listings that provide its cannabis audience with information, reviews, menus, and ordering and delivery options through legal retailers. The Company's platform, Leafly, provides consumers with information about the latest strains and products and where they can order those items from licensed retailers. Its platform also provides a destination where individuals can interact with an engaged community to help navigate the world of cannabis. It provides retailers with subscription-based offerings and advertising tools to attract audience to their menus. It also provides a suite of online tools that allow retailers to engage and communicate with consumers they acquire on its platform. The Company has three wholly owned subsidiaries: Leafly Canada Ltd., Leafly Deutschland GmbH, and Leafly, LLC (Legacy Leafly).
Mister Silver
2 years ago
Fundamentally, my opinion of any and all stocks is: "All stocks suck. Take your gains."
I don't trade based on the stocks fundamentals, I trade based on the chart.
Since swapping from fundamental based trading to chart based trading; I'm up multiple hundreds of percents.
I see this hitting between 1.50 to 1.80 as the low before a run. Run size depends. I'd say 2.50 is minimum the run will be. Maximum will be 6.00. With 3.00 to 4.00 being fairly reasonable price targets.
Price will be maintained at least one week, chance of forming multiple cup/handles off multiple levels as it climbs.
Staying in past initial run may make you more money by multiple 100%, but risk goes up incredibly. That's where fundamentals would start to come into play, and there's no way in hell this is worth more than $6 per share. I'd expect a pretty hard crash when you get to those upper bounds.
It's incomplete information though, because we're still forming the bottom and my opinion will change based on what occurs over time.
Mister Silver
2 years ago
"Leafly is the world’s most trusted destination to discover cannabis products and order them from legal, licensed retailers. More than 100 million people visit Leafly each year to learn more about cannabis and order online with local businesses." - Leafly
Institutional ownership includes Royal Bank of Canada, Morgan Stanley, Charles Schwab Investment Management Inc, Citadel Advisors Llc, BlackRock, Barclay's, Wells Fargo & Company, and many more!
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SEC Filings (including financials)