When something doesn't make sense...maybe it does...When all else fails, whatever you are left with must be the answer. The news over the past few weeks without a doubt should have moved this stock up over $4. Massive revenues and profits. Analysts reiterating numbers that Canopy would probably kill for. New white label deals. Renaming/rebranding. On and on...yet the stock goes down...
Can't be insiders dumping stock or they would have to file and we would see it.
Retail investors should have been all over this thing the past two weeks. Yet...nothing.
Either it is a complete lack of understanding/depth on the markets side in terms of stock management or someone, or some entity, is absolutely keeping this down for their own purposes and our guys don't know what or how to do anything about it or are in fact in on it.
The funny thing is that in both cases, eventually, the stock should go up from here. Just not as much perhaps as it should with the hand cuffs off.
I repeat - this stock shoudl be north of $6 now on its way to at least $10 (analysts targets which SHOULD be revised up after the next conference call). Why isn't it???
BTW - LABS or NEPT can't hold a cnadle to Valens. No where near the physical assets, scientific talent, capacities in all areas, and diverse customer base. We shoudl be light years ahead of them in market cap based on our Eneterprise values alone. Crazy.