CRON Trade on Nov 22, 2019 11:47 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

IN CAD
Shares Outstanding: 338.957m
Cash: 1.475b
Current liabilities: 604m
Current ratio: 3.45
NWC (total current assets - total current liabilities): 1.482b
Monthly Burn rate (net cash used in operating activities / months): 11.3m
Estimated current cash: 1.452b
Accumulated deficit: 1.44b (retained earnings - positive)
Book value per share (Stock holder equity / Shares outstanding): 6.34

Technical Analysis

-7.86 to 8 area is last support turned resistance on the daily chart
-Levels: 7.40, 7.70, 8

Catalysts / News / Painting the picture

weed sympathy, can't tell if dilution is present, weed sector oversold as a whole

Original Plan / Strategy

First Test from 7.05 level

Review

Break of level wasn't clean, offers stacked, got out quick and don't regret it.


Execution detail:

Date/time Symbol Side Price Position
2019-11-22 11:47:38 CRON buy $7.050 long
2019-11-22 11:55:38 CRON sell $7.070 0


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