RE:FundamentalsAnother interesting post full of bulsh@#* from Sept 27th 2019.
OptGreen wrote: It appears fundamentals in, hype out and SP levels will have to be earned going forward. With WEED and ACB, the two LPs at the top of forever basically, still trading below 50% of their 52wk high since Linton was sent to the house and the focus started to shift fundamentals and losses are not cool any more....not summer lull but profit/ loss the way it has to be.
It would surprise if we see WEED and ACB at or above their current 52wk high anytime soon if ever without profit realized or a RS, while FIRE should better it's 52wk high over the next 3quarters by fical year end if they meet guidance...if they meet/exceed the high end of estimate SP should be north of $3 and substantially if profit is realized. Of which is easily doable with close to full production of the facilities available today, with the in-house packaging in full swing over the next couple of months and Jack Haze on the shelf now and KK in a couple of months.
Without the hype of the past it is an asset to be undervalued, as there is no where but up and if profit is realized over the next 3quarters we will see solid sustainable SP growth from here on. Current quarter ends next Monday and if we can see sales in the $25- $30mil we will exceed the $180mil/yr estimate by fiscal year end.
Jack Haze has been shown as coming for weeks now out here but have yet to see any available, not sure of supply so far but if it is good and over the next week we will see the same we should see a nice bump in sales, starting out with $19mil+ in inventory. Looking very good today and much better going forward for those that own, JMHO...Opt