RE:RE:RE:RE:On the right trackTankRebel2012 wrote: TankRebel2012 wrote: Munny23 wrote: I don't think they beat the market, sp is looking to go down at open.
may see a morning dip but could have a nice rebound mid-day once people get over the impairment charge, CEO looks like he wanted everything bad from the past dealt with now.
clean record going forward. they have cash to keep going. mad rush was around end of march period leading into apirl flood gates of sale surge ... cannabis sales will still be strong for next quarter.
morning dip with that 24 cents gap pretty muched closed.... it off a .005 to seal it i think no big deal
investors will realize that the impairment was needed to be done .... New CEO cleaning up.
there was no sugar coating here...Beena is on the right track. They have large inventory...and therefore they can reduce prices if need be to increase sales. The main thing here is they have the capacity to grow product...good quality product. Year over year sales very good from what I read in the report. Their expenses will go down...and therefore profitability will go up. This is really the starting point to profitability. The idea of a buy-out although possible is not necessary since the all the heavy lifting has been done and the path to a bright future lays ahead...maintain