Jul 30 2021 (Fri)
We will provide an overview of why the SNDL stock community on Reddit is strong and briefly discuss the popularity of the Sundial Growers StockTwits following. We will also highlight Sundial Growers stock price forecast for 2025. If you haven’t heard of SNDL before, we will talk about why it might be a decent stock to add to your portfolio.
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Reddit r/SNDL is a community for Sundial Growers stock, price, and diligence. Source is here
There are about 62,000 members of the r/SNDL Reddit community. This subreddit is dedicated to the Sundial Growers stock. Community engagement is quite strong with a lot of people posting SNDL news, memes, and general support for the stock. There is a good mix of serious DD and content along with photos and memes to keep the subreddit interesting.
I would give the r/SNDL community a quality score of 8/10 because SNDL investors have endured some highs and lows over the last 2 years. They are a very strong and vocal community who believe in SNDL. There doesn’t seem to be a lot of spam and most of the accounts that are posting are legit – not a lot of bots on the SNDL stock Reddit community.
In October 2020 SNDL Stock was trading just under $0.20/share. In February of 2021 the price went up 10x and most recently the stock reached an all time high of $2.95 per share. SNDL was discussed on Reddit early on in 2020 and the community size was relatively small back then. Redditors were providing price predictions and saying SNDL was the weed stock to invest in.
Since the spike in February 2021 SNDL Stock price has fallen –and there has been some significant dilution to shareholders this year. The run up of price can be attributed to SNDL becoming a “meme” stock since SNDL was posted on wallstreetbets throughout that runup period. Now might be a good time to buy some SNDL stock since it has cooled off and the overall cannabis industry stocks have been hit hard.
There are 191,000 people who follow SNDL StockTwits. This is a large sized following based on other StockTwits stocks. StockTwits is not the best source of quality investment information but is a good proxy for retail investment trends for Sundial Growers Stock on StockTwits. The engagement is quite high on the thread, and it usually starts with SNDL premarket – people are engaged early and throughout the day. The SNDL StockTwits thread is great for memes and you can find some decent due diligence and SNDL stock analysis.
The current stock price, performance, history, valuation, and financials for SNDL stock can be found on the Utradea SNDL Stock page. There have been a number of user generated SNDL Stock Analyses and Due Diligence sourced from Reddit and Utradea. Based on these insights we can see that pretty much everyone is Bullish on SNDL. General consensus among the community is that Sundial Growers is a long-term hold. A few financial ratios for SNDL stock:
P/B Value of Under 3 is considers good and SNDL has a P/B of 1.38 and when compared to $GRWG P/B ratio of 6.64. I have a long-term price target forecast in 2025 for SNDL to be $3 per share. In all likelihood we will see this price much earlier than 2025
Reddit SNDL Stock Analysis: Here is a recent Due Diligence post on Reddit for SNDL. The source is here and highlights of the post can be found below:
Now, let's say SNDL has gone mad with money/buying power and wants to take over Valens to take advantage of its Green Roads position to enter US markets. If 10% = 16 million shares, then an additional 40% = 64 million and would push SNDL to be able to perform a takeover of Valens. 64 million shares is a cubic-buttload imo, but Valens is trading for approximately $2 per share (as of writing). So, theoretically, it would cost SNDL something like $128 million to take over Valens. Doable.
Utradea SNDL Stock Analysis: There is also a great analysis of SNDL Stock, original post can be found here, with a summary of the SNDL stock price prediction provided below:
Sundial’s emphasis on using state-of-the-art indoor facilities separates them from their competitors. Taken from their 10-k, their “individual room-based cultivation formats, it gives them advantages to other growing methods by allowing efficient scaling of their production for higher and more predictable yields and multiple harvests per day.”
The SNDL Reddit community and StockTwits community are relatively large when compared with other Reddit and StockTwits stocks. The quality of content and insights for Sundial Growers on Reddit is quite high, and SNDL StockTwits has one of the most active channels. SNDL received notoriety in early 2020 and was a “meme" stock at the time, however if you did deeper into the fundamentals and growth potential, SNDL is more than just a meme stock, it is a solid investment.