ALEF crossed 12EMA with hidden bullish divergence

2019年4月22日

Confirmed when it bounced today. Every time ALEF has presented the current set up, it was prior to a bull run. The next few days will be crucial. If bulls manage to keep her on top of the 12 EMA, we'll soon have enough volume to turn this ride around.

Aleafia uplisted to the TSX, merged with Emblem and is currently waiting for Health Canada to license their latest facility. Aleafia is a player to take serious, and with an enterprise value of 344M, should be trading with a market cap of at least 2.1 Billion $, according to market averages, which translates to a stock price of $7.80.

I'm in on ALEF. I think this is a fantastic and rare opportunity.

2019年4月23日

注释

Correction on that calculation. We should be working with forward revenue instead. The industry avg is 6.5 times, as opposed to 4.8 times in large tobacco. With Emblem's capacity added, Aleafia can do up to 138.000 kilograms. If we take 5.20 pr gram, that puts estimated revenue on 750M. Divided by share count leaves an anticipated stock price of $2.75.

Upcoming earnings will be key for this company right now. 4 days to go.