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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 Oct 07, 2019 9:10am
64 Views
Post# 30202948

RE:MJ company bid up the price of CTST to $5.00 or more

RE:MJ company bid up the price of CTST to $5.00 or moreTypical wishful thinker. Typical investor who is a magical thinker. Typical retailer who has not conducted a due diligence.

The reality check:
TRST has not sold or grown any product since July.

Reality reality check:
TRST's license is suspended. It could be suspended for many months, there will be no earnings revenue. Furthermore, there is no evidence to suggest the license will be reinstated. 

Reality check:
Because there is no earnings, TRST is burning through its cash reverses. If it runs out of cash, how is TRST going to pay for its day to day operations?

Reality Check:
TRST has dropped more than 90% since April---tanking from $15.50 to $.147. Essentially ew have a falling knife. Perhaps we have a temporary bottom at $1.40, but no one can be certain. Any bad news and TRST tanks below this temporary bottom.

Reality check:
You have No Technical analysis, charts, fundamental analysis---metrics...to support this opinion.

Essentially your opinion is not based on reason--but wishful thinking, magical thinking, and so it should be ignored.

Why would anyone buy this stock?



Bullboard Posts