OTCPK:SPLID - Post by User
Comment by
RogueGeekon Apr 03, 2018 1:08pm
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Post# 27821805
RE:RE:RE:I'm Out
RE:RE:RE:I'm OutDon't put all the blame on Trump, our PM is just as responsible for the markets if not more. He is making people nervous about investing in Canada.
TechDrive wrote: RogueGeek wrote: Your might regret that move. Eddibles is the future of MJ. Regardless of the benifits of MJ anything but air is bad for your lungs. People who don't smoke are not going to start smoking MJ and non smokers are the majority. In 2011 there were only approx 5.8b smokers in Canada.
TechDrive wrote:
Sold my last 100,000 shares this morning, way too much downside, horrible revenues and basically raising money to pay themselves. I had/have faith in what they are doing but realizing now it will be 3-5 years before anything significant happens here. Money can be put to better use on other plays. Better off to lay low and wait till edibles are legal in Canada and maybe they can play in their own backyard instead of trying to jump though hoops in the states. The one thing I really do not like about EAT is they sell five FLI pens or whatever in one store and put out a news release...WTF? I need to see them sign a deal for millions of them. Competition in the states in these states is brutal and EAT is just a small player. I can see it getting back to 45-65 cents this year but you can make better than that gain on other stocks.
I most likely will not be out of EAT forever. I just think it may drift back into he teens and then I would be back in for sure and also see how edibles play out in Canada in 2019. We all have to wait and see until we know what the next dumb thing Trump does. He is literally killing the markets. I can't wait for the US mid-terms....