RE:Overpriced ... Down we go...30 cents tomorrow Over priced? Just wait until tomorrows quarterly report. You will wish you never shorted it lol. This company has been having quarterly revenues within the top 10 cannabis companies in North America, yet sits 1/5th the market cap of APH, CMED and other like it.
With a full, or nearly full, quarter of revenues with Chalice Farms and Juju joints under their umbrella, I think they will be top 5 in revenues amongst their competitors, at a FRACTION of the market cap.
If revenues are where I hope and think they are, I wouldn't be surprised if you saw parabolic gains like ISOL and N just had. 50M shares traded today...You better believe theres just a few eyes waiting to see the report.
Now imagine its in the range of Canopy, Aurora, or APH...
For new investors, realize I don't mean this company is or will be as successful as Canopy or Aurora; I think those two will be [the] cannabis companies the rest of the sector will be chasing, and for a long time. But at current market cap, with a new CEO, 3 or 4 strategic acquistions this year that operate in recreational states, the canadian license with MMPG...this SP has room to run.
Just my two cents. Been holding since January, and I'll still be holding next Novemeber.