RE:RE:RE:RE:Wrong timingHi stealth,
I still believe in the company and the growth. My point that I was making is the time frame that we all seem to be expecting. I have talked to IR as well and feel confident in their vision, but it is a long term vision and we need to keep that in mind.
If everyone is always expecting these massive jumps everytime we get a patent or announce a client - then I believe people will lose patience and sell.
I believe that it is better to look at OILS realistically. Valens still isn’t profitable - but they have three earnings reports that show a trend TOWARDS profitability. Big investors are ready to jump in with them and it makes sense.
We need to allow OILS the time to build it like we have seen in the sector. Valens and Labs sp rose quickly at the start because that was during the speculative potential building phase of the cannabis industry. That phase is over.
I don’t want people to jump ship if the next few news releases don’t bring about the rise immediately. There is a lot of selling of this stock on this board - and that is okay. But I’m just saying that most investors (Peter Lynch, Buffet) preach investing in a company once a trend upwards in earnings, EPS, EBiDTA, etc. This isn’t possible until earnings can at least be displayed.