Post by
yankee11 on Jul 29, 2020 10:36am
great conference call
Traders have at it while i keep scaling in and holdig for 5 to 10 years. if you know anything about mj you would see right through what is happening in Canada with the other LP''s sitting on huge inventories of unsaleable low quality flower which makes low quality 2.0 products. you watch all these outdoor players grow a ton this summer. Then we will watch them destroy it throughout all next year. APHA heading in the right direction. Canopy and Aurora are going to drag us down for awhile but think about the day when ACB closes its doors.
Comment by
leo101 on Jul 29, 2020 10:39am
it's a fun sector to sit back and watch but seems to cause investors a lot of grief.
Comment by
yankee11 on Jul 29, 2020 10:55am
numbers werent so bad. they had to shut down jamaica but obviously tourist areas havechanged now. loved hearing about the exportsat end of 1st quarter or begining second quarter. Oh and USA exposure like a cc pharma deal. a legit company that can transition into medical market in USA once legal. that sounds like a deal in the next year.
Comment by
yankee11 on Jul 29, 2020 11:15am
I am saving my cash for when the 50 day dets closer to 200 day.
Comment by
Rotaluceps on Jul 29, 2020 11:57am
I sold my position because I think I will buy back at a lower price. I still like the company. They sold less cannabis than the previous quarter, and even if it meets analysts expectation, the market doesn't like this. This is why it will go down, then I will buy back. I might wait for the next quarter result, I will see. There is nothing to hurry, it will not suddenly fly.
Comment by
Rotaluceps on Jul 29, 2020 11:47am
Although in line with analysts expectation, they sold a lot less cannabis than in the previous quarter. The market doesn't like this. I liquidated my position, I will reenter at a better time, or lower price.