GREY:CNTTQ - Post by User
Comment by
Nastysaskyon Nov 30, 2018 10:30am
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Post# 29044851
RE:RE:Tax Loss Selling
RE:RE:Tax Loss SellingEdiblesRlife wrote: I would've thought winning awards for the best bud, especially when people are saying the branding is terrible would've caused a jump in the SP but the markets don't make sense, looks like the only thing that will move this is a partnership and continued awesome financials. Patience is clearly needed for this company and I do truly believe we will all be rewarded
Nastysasky wrote: is most likely going to keep pressure on TRST for the remainder of the year, unless TRST can make an announcement the market acutally cares about.
There's no momentum in the sector anymore. The incredibly crappy stream of earnings has taken investors by surprise, TRST being the outlayer here. However, their valuation is still extremely high for its current earnings.
More clarity from our government on edibles would be nice, but they're idiots so I don't expect to here anything useful from them.
The passing of the Hemp Farm Bill in the US could be a catalyst for Canadian LPs buying into hemp in the US.
China US trade deal or agreement not to raise tarrifs will help, and clarity on the Fed raising rates again in Dec. could give investors a reason to buy.