GREY:GEATF - Post by User
Post by
ranforurlifeon Sep 20, 2019 3:21am
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Post# 30146461
re: high uncertainty creates fear
re: high uncertainty creates fearSteve is very nice to talk to but does not reveal much when it comes to actions to be taken for the company due to obvious reasons. First, I think at this point you might as well park your orders at .01$ and average down as best you can. Second I am glad Steve mentioned that costs control will be implemented but we will wait for the details. This has double edge sword since spending for marketing and promotion where legal could prove necessary. At this point my observation is that the Julian Marley brand in terms of performance has not excelled but that could be for several reasons which have to be looked at and take corrective actions. The legality of the product in the US is being taken up by the States and not the federal government, this is creating a lot of the uncertainty in the industry in the US. This must change soon otherwise it will drag the industry into further uncertainty. Finally, choosing the best investments in brands will be important from a long term point of view. Not an easy job at this point in this industry. Keep fingers crossed and GLTA.