Edible Garden AG Inc (EDBL) News

USDA Grants how much money are we talking here

Maybe never, I do trade this Stock, disclaimer. However, I understand they could go out of business soon soon meaning 2 to 3 years. They've got a couple of reverse splits left in them. First, they're gonna have to dilute again this quarter if not in December, they will have to in the beginning of the first quarter. They only have a couple of million dollars left in their bank account and they just bled another $2.1 million loss. They will lose another couple million in The first quarter of next year. If any of these new products, take traction, anything can change. But from what I can see this Company is bleeding bad and they need to sell more shares and they're gonna have to do a reverse split to stay on the board. Or be kicked to the OTCBB. At that point, they will not be able to get any more funding. I believe also they might announce a reverse split in December at the latest. They have to stay compliant. They're allowed One for 250 reverse split within two years. They have plenty to go. 

At what point is this a buy

324% year over year increase in gross profits for only 9 months period ending September 2024 !!! WOW!!

EDBL resistance at .22 if gets past solid then a chance of .29 next

EDBL .22 + 25%

Massive Buying coming in ! And volume cranking up!! LFG !!

Feelin like this is going to bounce hard to the upside. Earnings are only days away. The one year price target is $12! WHOA!

EDBL............................https://stockcharts.com/h-sc/ui?s=EDBL&p=W&b=5&g=0&id=p86431144783

wouldn't the news eventually be able to overcome that hurdle?

15 m shares at .36 was the most recent offering another obstacle 

Chart says .47 resistance max pump at .91 resistance 

EDBL .33 + 55%

Sorry that would not be 10 that would be five splits at 50 shares each for 250 total shares

It’s not about how many times a year, it’s about 250 shares to one in a reverse split. So they could do 10 splits in two years at 50 shares each time.

How times a year is a stock allowed to do a reverse split?

Alright thanks for the info.

Sorry, Arnold, that was supposed to say Delisted, however, on the 10th edible gardens got the letter that they were compliant. Of course, their next big hurdle will be to go over a dollar or once again they’ll be booted off the NASDAQ. I see a reverse split in the future, but first those shares have to convert from the last round of money.

Listed or Delisted?

So there’s NASDAQ rule that says you can Onefor 250 share reverse, split inside of two years. The last time edible gardens did the reverse split. So edible gardens could do another reverse split in the next month or two to become compliant with the NASDAQ one dollar rule.

So they’re compliant with NASDAQ equity. They did not mention that they are not NASDAQ compliant with share price. That is the next hurdle they have to overcome. you’re allowed to reverse splits in a two year. There is some stipulations about to reverse splits in a given year. Anybody know all the rules on this?

Hey hey Arnold, I could be wrong, but at the end of the market today, EDBL could be listed from the NASDAQ

No, EDBL just sold 15,700,650 shares for 5.65m,,, OS 3,160,392 EDBL just did a RS Ap 5, But hay anything possible

Chance for an r/s here anytime soon?

EDBL new 52 week low

EDBL new 52 week low

EDBL new 52+week low

EDBL new 52 week low

EDBL.......................................https://stockcharts.com/h-sc/ui?s=EDBL&p=W&b=5&g=0&id=p86431144783

https://x.com/READY_2_PROFIT/status/1823681642092708321

Edible Garden Reports 157% Increase in Gross Profit Fueled by Year-over-Year Growth of 61% in Cut Herbs and 30% in Vitamins & Supplements for the Second Quarter of 2024

Volume Alert ! Up 40% PM

$$ nice pop!

https://news.nuntiobot.com/article/a791fadb-f35f-49c1-be7c-214a72a1c943

EDBL new 52 week low

EDBL new 52 week low

EDBL new 52 week low

EDBL new 52 week low

Nite night

EDBL new 52 week low

What a surprise

LOL

Expecting a quick volatility halt

Early Barchart 100
Already priced in
https://www.barchart.com/stocks/performance/percent-change/advances?timeFrame=today&viewName=main&screener=overall&orderBy=percentChange&orderDir=desc

I’m not sure I’d be buying up here

Have fun

Actually says 500k which is hilarious

That is what 18% short of a 2m float does

Whoops

There it is again at $1 lower LOL

Shorts in heavy, but I do like this range. Adding small and buying dips.