Holding and waiting $Sundial G

2021-03-19

Holding and waiting $Sundial Growers Inc.(SNDL)$

Sundial Analyst: Cannabis Stock In A 'Transition Phase' Due To M&A Potential, Cost-Cutting Efforts

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

LouisLai
2021-03-19
LouisLai
Hi If i buy in $1.55 What price do you thinK is the best time to sell ? Because i Not really Know thIs share. thank you
kkennn
2021-03-19
kkennn
Like and reply my comment pls
RocketMan
2021-03-19
RocketMan
Just hold

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":327586275,"tweetId":"327586275","gmtCreate":1616110440897,"gmtModify":1704791014891,"author":{"id":3574494955430053,"idStr":"3574494955430053","authorId":3574494955430053,"authorIdStr":"3574494955430053","name":"teokb989","avatar":"https://static.tigerbbs.com/630844e6a5d93f0d91171ccff58a4fcf","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":6,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Holding and waiting&nbsp;<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a></p></body></html>","htmlText":"<html><head></head><body><p>Holding and waiting&nbsp;<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a></p></body></html>","text":"Holding and waiting $Sundial Growers Inc.(SNDL)$","highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/327586275","repostId":2120933161,"repostType":2,"repost":{"id":"2120933161","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1616119628,"share":"https://www.laohu8.com/m/news/2120933161?lang=&edition=full","pubTime":"2021-03-19 10:07","market":"us","language":"en","title":"Sundial Analyst: Cannabis Stock In A 'Transition Phase' Due To M&A Potential, Cost-Cutting Efforts","url":"https://stock-news.laohu8.com/highlight/detail?id=2120933161","media":"Benzinga","summary":"Shares of Sundial Growers Inc. (NASDAQ:SNDL) took a tumble Thursday despite the Calgary, Canada-base","content":"<p>Shares of <b><a href=\"https://laohu8.com/S/SNDL\">Sundial Growers Inc.</a></b> (NASDAQ:SNDL) took a tumble Thursday despite the Calgary, Canada-based cannabis company reporting fourth quarter sales of $13.9 million —&nbsp;exceeding analyst expectations of&nbsp;$12.07 million by 15.16%.</p>\n<p>The cannabis company opened at $1.61 per&nbsp;share and saw a slight uptick to $1.67 by 9:40 a.m., but kept on dipping throughout the day, closing at $1.46, down 5.19%.</p>\n<p><b>The Sundial Analyst: </b>Cantor Fitzgerald analyst Pablo Zuanic&nbsp;maintained&nbsp;a&nbsp;Neutral&nbsp;rating on Sundial.</p>\n<p><b>The Sundial Takeaways</b>:&nbsp;Sundial&nbsp;\"is in a transition phase,\" Zuanic said in a note, citing ongoing cost cutting efforts and&nbsp;a&nbsp;\"regearing\" of its cultivation facilities.</p>\n<p>Sundial, under the helm of CEO Zach George, has been focused on \"premium higher potency flower,\" the analyst said.</p>\n<p>\"Most importantly, the company now sits on C$700Mn of cash and will look to M&amp;A both in the domestic and elsewhere,\" Zuanic said.&nbsp;\"The new share count post the recent capital raises is 1.66bn.\"</p>\n<p>The stock remains quite volatile, he said, noting a Feb. 10 peak of $2.95 per share.</p>\n<p>Year-to-date, Sundial's stock is up 230% versus a 53% gain for the <b><a href=\"https://laohu8.com/S/YOLO\">AdvisorShares Pure Cannabis ETF</a></b> (NYSE:YOLO).</p>\n<p><b>Benzinga's Take</b>: Be wary of the so-called \"meme stocks.\"</p>\n<p>Sundial, which&nbsp;produces and distributes cannabis products to the medical and recreational markets, falls into&nbsp;this category due to a lot of&nbsp;hype stemming from social media (Reddit, <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> etc.).</p>\n<p>The stock has shed more than 50% of its value in the last month. Just last week, BMO Capital Markets analyst Tamy Chen downgraded Sundial from Market Perform&nbsp;to Underperform.</p>\n<p>Still, the company lifted its cash position at the end of February and remains ripe for an M&amp;A play.</p>\n<p><img src=\"https://static.tigerbbs.com/c5b545994b5179818cd10a6ad54dcc97\" tg-width=\"1041\" tg-height=\"250\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sundial Analyst: Cannabis Stock In A 'Transition Phase' Due To M&A Potential, Cost-Cutting Efforts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSundial Analyst: Cannabis Stock In A 'Transition Phase' Due To M&A Potential, Cost-Cutting Efforts\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-03-19 10:07</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of <b><a href=\"https://laohu8.com/S/SNDL\">Sundial Growers Inc.</a></b> (NASDAQ:SNDL) took a tumble Thursday despite the Calgary, Canada-based cannabis company reporting fourth quarter sales of $13.9 million —&nbsp;exceeding analyst expectations of&nbsp;$12.07 million by 15.16%.</p>\n<p>The cannabis company opened at $1.61 per&nbsp;share and saw a slight uptick to $1.67 by 9:40 a.m., but kept on dipping throughout the day, closing at $1.46, down 5.19%.</p>\n<p><b>The Sundial Analyst: </b>Cantor Fitzgerald analyst Pablo Zuanic&nbsp;maintained&nbsp;a&nbsp;Neutral&nbsp;rating on Sundial.</p>\n<p><b>The Sundial Takeaways</b>:&nbsp;Sundial&nbsp;\"is in a transition phase,\" Zuanic said in a note, citing ongoing cost cutting efforts and&nbsp;a&nbsp;\"regearing\" of its cultivation facilities.</p>\n<p>Sundial, under the helm of CEO Zach George, has been focused on \"premium higher potency flower,\" the analyst said.</p>\n<p>\"Most importantly, the company now sits on C$700Mn of cash and will look to M&amp;A both in the domestic and elsewhere,\" Zuanic said.&nbsp;\"The new share count post the recent capital raises is 1.66bn.\"</p>\n<p>The stock remains quite volatile, he said, noting a Feb. 10 peak of $2.95 per share.</p>\n<p>Year-to-date, Sundial's stock is up 230% versus a 53% gain for the <b><a href=\"https://laohu8.com/S/YOLO\">AdvisorShares Pure Cannabis ETF</a></b> (NYSE:YOLO).</p>\n<p><b>Benzinga's Take</b>: Be wary of the so-called \"meme stocks.\"</p>\n<p>Sundial, which&nbsp;produces and distributes cannabis products to the medical and recreational markets, falls into&nbsp;this category due to a lot of&nbsp;hype stemming from social media (Reddit, <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> etc.).</p>\n<p>The stock has shed more than 50% of its value in the last month. Just last week, BMO Capital Markets analyst Tamy Chen downgraded Sundial from Market Perform&nbsp;to Underperform.</p>\n<p>Still, the company lifted its cash position at the end of February and remains ripe for an M&amp;A play.</p>\n<p><img src=\"https://static.tigerbbs.com/c5b545994b5179818cd10a6ad54dcc97\" tg-width=\"1041\" tg-height=\"250\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"YOLO":"AdvisorShares Pure Cannabis ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2120933161","content_text":"Shares of Sundial Growers Inc. (NASDAQ:SNDL) took a tumble Thursday despite the Calgary, Canada-based cannabis company reporting fourth quarter sales of $13.9 million — exceeding analyst expectations of $12.07 million by 15.16%.\nThe cannabis company opened at $1.61 per share and saw a slight uptick to $1.67 by 9:40 a.m., but kept on dipping throughout the day, closing at $1.46, down 5.19%.\nThe Sundial Analyst: Cantor Fitzgerald analyst Pablo Zuanic maintained a Neutral rating on Sundial.\nThe Sundial Takeaways: Sundial \"is in a transition phase,\" Zuanic said in a note, citing ongoing cost cutting efforts and a \"regearing\" of its cultivation facilities.\nSundial, under the helm of CEO Zach George, has been focused on \"premium higher potency flower,\" the analyst said.\n\"Most importantly, the company now sits on C$700Mn of cash and will look to M&A both in the domestic and elsewhere,\" Zuanic said. \"The new share count post the recent capital raises is 1.66bn.\"\nThe stock remains quite volatile, he said, noting a Feb. 10 peak of $2.95 per share.\nYear-to-date, Sundial's stock is up 230% versus a 53% gain for the AdvisorShares Pure Cannabis ETF (NYSE:YOLO).\nBenzinga's Take: Be wary of the so-called \"meme stocks.\"\nSundial, which produces and distributes cannabis products to the medical and recreational markets, falls into this category due to a lot of hype stemming from social media (Reddit, Twitter etc.).\nThe stock has shed more than 50% of its value in the last month. Just last week, BMO Capital Markets analyst Tamy Chen downgraded Sundial from Market Perform to Underperform.\nStill, the company lifted its cash position at the end of February and remains ripe for an M&A play.","news_type":1},"isVote":1,"tweetType":1,"viewCount":669,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["SNDL"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":43,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":3831193,"commentId":"3831193","gmtCreate":1616110854104,"gmtModify":1680780939587,"authorId":3576452919977542,"author":{"id":3576452919977542,"idStr":"3576452919977542","authorId":3576452919977542,"name":"LouisLai","avatar":"https://static.tigerbbs.com/663a8ba1db1919d0c1e6e49ea13fca5f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":327586275,"objectIdStr":"327586275","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Hi If i buy in $1.55 What price do you thinK is the best time to sell ? Because i Not really Know thIs share. thank you ","text":"Hi If i buy in $1.55 What price do you thinK is the best time to sell ? Because i Not really Know thIs share. thank you ","html":"Hi If i buy in $1.55 What price do you thinK is the best time to sell ? Because i Not really Know thIs share. thank you ","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":3832580,"commentId":"3832580","gmtCreate":1616119989869,"gmtModify":1680780949343,"authorId":3558617926022722,"author":{"id":3558617926022722,"idStr":"3558617926022722","authorId":3558617926022722,"name":"kkennn","avatar":"https://static.tigerbbs.com/cfb6967409b5a69e663a7006e885e221","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":327586275,"objectIdStr":"327586275","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Like and reply my comment pls","text":"Like and reply my comment pls","html":"Like and reply my comment pls","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":3831384,"commentId":"3831384","gmtCreate":1616112054758,"gmtModify":1680780934113,"authorId":3569905234475141,"author":{"id":3569905234475141,"idStr":"3569905234475141","authorId":3569905234475141,"name":"RocketMan","avatar":"https://static.tigerbbs.com/14ab047860e4a92966ab85b3d5465efd","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":327586275,"objectIdStr":"327586275","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Just hold","text":"Just hold","html":"Just hold","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/327586275"}