RE:RE:RE:RE:New ETF weighting in HMJRmichelleb33 wrote:
what do you think of ACBs earnings that came out this week rcash? Weed has their earnings come out this come week.
I think it was decent earnings for how much production they actually have online . Just goes to show the potential profitability ,when production catches up . It will probably take another year or so before any of the large players can justify their valuations. That's how forward thinking this market is . I can't wait for CGC earnings . Love to see CGC move closer to profitability. I don't think they'll be fantastic earnings with the high rate of cash burn from constant expansion, although definitely better then ACB and it took a little pop up . I'm really looking forward to see the numbers when Germany comes fully online . I think Canada is just the tip of the iceberg when you look at a Global picture . This is why I'm not even worried about a delay in Recreational . All companies involved with in this space will sell out of everything they produce for the first few years . That's one reason why I'm long on most stocks . I play with some stocks as the market corrects closer to realistic valuations . I hardly sell still though . Mostly still just buying on dips like the last few weeks . Bought some more HVT as it's bought deal is well above trading price . That's a good way to know you'll make $ if you patient. Market makers always short bought deals into the market then run up the SP months later . Follow the trend it's your friend.