GREY:FFLWF - Post by User
Comment by
InvestNIntereston Feb 01, 2021 12:02pm
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Post# 32436928
RE:Alimentation Couche-Tard + FAF + USA
RE:Alimentation Couche-Tard + FAF + USAIf we enter the US then sky is the limit and we will all be rewarded for our actions. Excited to see what they will do next. Good holdings everyone
LongTheGreens wrote: We are expecting to see FAF release formal plans of entering the US cannabis market, specifically California and Oregon. The market cap on FAF is too low based on the Canadian market alone, which leaves our group thinking that the company will see 3x gains in the SP before Q3 due to the big numbers to be released in April. If the Company announces plans to enter USA prior to the next quarter release, we expect to see much higher multiiples of gains. The second scenario is more likely in our opinion.
We are buiding FAF postion on the open market. 1.7 million shares have been quietly absoorbed and we will be doubling the position if it can trickle to CAD .72 - or through .92. The Analyst targets of CAD 1.85 are not accounting for USA. We expect higher.