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Taat Lifestyle & Wellness Ltd. C.TAAT

Alternate Symbol(s):  TOBAF

Taat is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in "Original", "Smooth", and "Menthol" varieties. Taat's base material is Beyond Tobacco™, a proprietary blend which undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with "Big Tobacco" pedigree, Taat is launching in the United States in Q4 2020 as the Company seeks to position itself in the $814 billion global tobacco industry.


CSE:TAAT - Post by User

Comment by Erebus76on Feb 09, 2022 1:24pm
144 Views
Post# 34413288

RE:RE:Quick unscientific poll...simple yes or no...in your opinion

RE:RE:Quick unscientific poll...simple yes or no...in your opinionMy guess is the initial Keith Gill notepad hype has waned. Meme stock mentality was short lived. That being said there still remains a lot of optimism for the future but as the company warned investors last year they don't expect significant profit for a couple of years. That being said my guess is they'll either be barely cash flow positive this earnings or slightly negative. Barely breaking even give or take which wouldn't be bad as their trajectory is still heading in the right direction and it's still pretty early if you're in this LT and not here for the meme-like hype. Something to consider when companies first roll out products is many cause their own downfall by scaling too quickly before the proof of concept is established. Beyond Youtube testimonials you want real market feedback. Get the product out there, make any adjustments and improvements on that feedback to better the product before ramping up production. I've read from other CEOs over the years that you don't want an excess of POs before the production process is at peak efficiency and the quality is top tier which often occurs after the preliminary feedback is taken into account and applied to the product. At which time focusing on greater PO volume carries less risk. This just speculation but I think it's smart and as my mind has always been wrapped around the longterm I feel comfortable where the companu's current value is. It's possible after earnings that the Keith Gill crowd might get discouraged and bail if they don't see GME level gains but this was always a temporary insanity phenomenon in my mind. People just taking a crack at stocks during the pandemic and seeing the success of others on social media and jumping on the bandwagon. It definitely made for interesting spikes which many took advantage of like when the hype drove it up to $5.00. In that regard TAAT has always been a very profitable company if your timing was right and sold on the hype then bought back on actual fundamentals. While we're more or less back on Earth now it's still a bit overvalued and a level of hype is still reflected in its value but a lot of that hype is justifiable given the trajectory and market space for this particular alternative product. Someone guessed 4 mil in sales countered by 4 mil in expenses and that honestly doesn't seem like a bad guess. It's all guesses at this point but looking a quarter after quarter this could be within the ballpark. Many will use the upcoming non stellar earnings as a way to project their ego that they were right and the company isn't succeeding. I ignore it. If my kid in highschool one could argue he's not as successful as a 28 year old with an established career. Sure. Others will understand that the success of a highschooler isn't measured by comparing them to a separate demographic. They can still be extremely successful for where they're at...not where one unrealisticly expects them to be. IMO...(and it is just an opinion before all the eager egos jump on their keyboards to attack) IMO opinion TAAT is right where they should be but I also agree with their marketing campaign which many don't. I thought it was smart to give away free packs to help promote and establish that proof of concept mentioned above. Many do not and that's fine. I think the expos and trade shows were all successful and moderate expansion to other countries were done so at a good pace. I'm mostly looking forward to fiscal 2023/2024 and looking for opportunities to exit and buy back as they present themselves. I've just been reinvesting my gains. I bought 5000 shares a while back and by reinvesting the gains alone I now hold 13000 so I hope we bounce back and forth a bit longer because there is a lot of opportunity when the hype and expectations meet the actual fundamentals. But I still feel the hype is justifiable...just makes for interesting and profitable movement.
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