RE:RE:RE:RE:RE:RE:Simply Wall St on AleafiaI'm worrying why the stock is not accelerating yet, and is instead down 33% on the year and on a downward trend. In my opinion, the executives of this company have mismanaged the firm. Not to say it can't go up, but I don't think it is done going down yet.
If you see my historical posts, I've sold at > $1 a share and at $0.80 a share, playing the swings and cashing out each time. Hoping to buy-in when it drops to $0.40 a share or less.
My hesitation on buying this stock is the trading volume. With only 400k shares traded a day, thats $180k worth of shares trading hands. How small are people's portfolios?!? If an investment fund bought this stock, they would be buying at least 1M worth of shares. As an investor, you would assume a 50k-100k purchase. So then only 2 people sell their shares a day?
Confused by the KPI's, and curious if there's a market to sell when I want to liquidate my shares.
AllBeefNoFiller wrote: MrOptimization wrote: These opt based payments seem very high for a company that is not making profit? Or am I mistaken?
MrOptimization wrote: This company won't go bankrupt. Their revenues exceed the cost of production/operations, so they will always have a profit. Their profit will also grow as time goes on, so they just need to weather this storm. If they have capital concerns, they will just issue more stock.
This stock will accelerate in price at some point in time (when other competitors become insolvent, and as their margin between sales price and cost of production continues to grow). I predict that acceleration in stock price will happen in 2020Q4 or 2021.
How quickly some forget. Ur welcome.