RE:RE:Analyst ratings summaryAgreed Fast, and more realistic than optimistic. FIRE is on track for real profit within a couple of quarters and it's menu sells out country wide and they are cashed up to see this through the period.
ACB is selling assets to stay afloat, WEED started with sending Linton to the house earlier and while they have the depth to survive they are going to have to change much of their entire menu to be consumer friendly, with the rest in varying degrees of redefining themselves with plenty of potential pain before they survive, let alone grow and prosper.
The FIRE SP is mostly manipulation and has been for much of the time, albeit we should have been here long before now but thanks to the rest of the sector of grass we are not behind in the least and could well be leading in many areas 8-10mos out. In any case FIRE is executing on the right path while most of the sector has plenty of changing/ reinventing to do in the interim, JMHO...Opt
Fastlane2 wrote: Good post risingstars and after reading these again, CIBC John Zamparo and Canaccord Genuity Matthew Bottomly look to be the closet and most accurate with their analysis in my opinion. Supreme's next quarterly report will see another rash of analysts price target changes that we would probally see shortly after the finacial release. Trying to be optimistic here therefore I'm hoping to see confirmation of guidance and positve language that encompass these reports. I believe every investor/anayst will be dissecting Colin's statements when he addresses the press. My personal and brutally honest opinion of Supreme at this price point is total insanity as the current evaluation is very harsh esppicially when comparing to other LP's. The market has discounted Supreme with the likely hood of 1. continued failed earnings going forward. 2. loss of market share 3. the strong posibilty that they will need to borrow more money to cover overhead, increased administration costs and salaries. Anticipating February's report GLTA.