GREY:LXLLF - Post by User
Comment by
kulewateron Jul 20, 2019 12:06pm
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Post# 29942862
RE:scam
RE:scamThis is a legit company that did an RTO and some M&A with other legit companies. The financials speak for themselves and the assets are golden. Once they consolidate some of their operations and show the steep trajectory of revenues this will head back to its pre-merger valuation that equals about $10-12 / share. Some people are upset because they got caught short and nobody wants to be on the outside looking in.
They will likely be outputting a significant amount of news as they provide more visibility into their operations, strategy and business development.
You dont go through all this trouble and capex to become an 'also-ran' - you do it to be a leader in a space that will be bigger than tobacco in the 80s. Happy to add as retail fills my pockets with cheap shares. But thats just me. :)