GREY:CHALF - Post by User
Comment by
Orwellian1984on May 21, 2020 5:09pm
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nice Bid Support
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Nice Bid Support This is the stock market and companies are priced based on future and dreams and not just the current financials. It is even worse in the young Cannabis sector. The correct way of obtaining the fair value is by comparision.
If you want to have a serious discussion beyond your mission as a basher then let calculate the fair value of GLH by comparing its price to other cannabis stocks. How many companies in the Cannabis sector are cash positive at the moment? "Almost" none if any. How many of them have cash in hand more than their cash burn? very few. So how all these companies priced? Provide an answer and the formula then we will apply it to GLH financials to calculate its fair value. I did and have shared an example here before.
Now it is your turn, instead of handwaving mumbo jumbos once for the sake of whoever you respect do not change the topic and answer direct to the point.