GREY:CVHIF - Post by User
Comment by
Luminouson Aug 15, 2018 2:35pm
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Post# 28466712
RE:T:WEED Market cap of 9.2 Billion on Q1 Sales 25.9 Mil
RE:T:WEED Market cap of 9.2 Billion on Q1 Sales 25.9 MilI've been here since the beginning and trust me there is ALWAYS a reason why this stock has to go down - tax loss selling season, summer doldrums, sell in May and go away, A/R suck, rev not as high as expected, bleeding cash, zero EPS, it has some debt - all the tell tale signs you'd expect from a start up - like the MJ and BC plays have.
If we took even one of those "negatives", say A/R suck, well a good chunk was paid out and the result - share price goes down. The absurdity here is off the ritcher scale.