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CannTrust Holdings Inc CNTTQ

CannTrust Holdings Inc is engaged in the business of producing and distributing medical cannabis in Canada. Its facility is located at Vaughan, Ontario in Canada. Its brands include LIIV, ESCAPE, SYNR.G and Peak Leaf.


GREY:CNTTQ - Post by User

Bullboard Posts
Comment by Ghostinthedarkon Sep 27, 2019 5:58am
91 Views
Post# 30169574

RE:RE:RE:RE:RE:RE:CANNTRUST COMPLIANCE?

RE:RE:RE:RE:RE:RE:CANNTRUST COMPLIANCE?The old red herring fallacy......You are attempting to digress from the reasons for your comments.. Your initial recommendation to buy TRST now is based on faulty reasoning. You state an opinion, don't provide any facts, don't provide metrics, don't show us the candlesticks......And so, you have presented the group with a flawed arguement.

For the record, I purchased WEED, OGI, FIRE, CRON, VFF near the bottom in recent days.
Why? Unlike TRST, None of these pot companies have their license suspended.

Unlike TRST, each of these companies is growing, producing, distributing, and selling pot.

Unlike TRST, each of these companies will generate increasing revenue for the 3 or 4 or 5 or more quarters that TRST doesn't sell any pot. Sales generate revenue/earnings, and create bullish or bearish investors. Earnngs go up, investors buy shares, pushing the price up. Earnings go down, investors sell, and share price falls.

Unlike these Pot stocks, TRST is burning through its capital reserves to run the day-to-day operations. When will cash reserves vanish?  Insolvency? 

What YOU are suggesting is that people shoud buy TRST just because the share price is now $1.62, a bargain. What you fail to consider is what I just mention.

What you DID NOT state were your REASONS for suggesting that TRST should be purchased at this time.
In my opnion, you only purchase TRST now if you have cash to burn---and don't care if you lose all of your investment. Now, for most people, this would be an irrational decsion. There are many other pot stocks--such as TGOD and FIRE--that you could purchase right now---and have a much higher probability of making profits.

I suspect you are a bagholder....



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