GREY:ALEAF - Post by User
Comment by
MrOptimizationon Jun 18, 2019 12:22pm
151 Views
Post# 29836215
RE:$6.50
RE:$6.50Verygood007 wrote: I woun’t be surprised if it goes to $6.50 after two ERs. It can go even higher if they can somehow get rid of the new debts sooner.
LOL, another pumper and dumper at their best, trying to justify this at a $4-6 price target.
If so, Alefia would be worth more in market cap than CannTrust and those other larger producers.
Oh well, I'm not sold that Alefia is a dud, but there has to be a right price (floor), and I think they are starting to approach it. The whole industry is down though. Need for a couple producers to come out with large profits. Not large % increases in profit, like I made $1k last year and now made $100k in profit; cause $100k in profit produces a horrible ROA and ROE. But companies need to start reporting tens or hundreds of millions in profits (especially the big boys: Canopy, Aurora, etc.).