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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (14551)	11/2/2015 11:59:56 AM
From: Goose94	Read Replies (2) of 203353

OGI-V eleven month high, on insider buying article in the Globe & Mail... The Globe and Mail reports in its Saturday, Oct. 31, edition that OrganiGram Holdings (61 cents) through a subsidiary is a licensed producer of medical marijuana. The Globe's Ted Dixon writes in the Who's Buying and Selling column that the stock set a 52-week low of 19.5 cents on Oct. 7. The company's fortunes appear to have pivoted since it started to become clear that the Liberals were moving ahead in the polls prior to the election. The stock is up 81.5 per cent since Oct. 7. The Globe says insiders have been buying as the share price has recovered. In particular, Mr. Dixon notes that since Sept. 25, chief executive officer Denis Arsenault acquired 107,100 shares at an average price of 30 cents. The Post's Peter Koven was bullish on marijuana stocks on Oct. 21. Mr. Koven said if pot is legalized it would become a huge business in Canada literally overnight. OrganiGram shares could then be had for 48 cents.

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