Auxly Cannabis Group Inc T.XLY

Auxly Double Over The Next Year

[stocksecurity88]

https://www.google.ca/amp/s/www.cantechletter.com/2020/08/auxly-cannabis-is-a-double-over-the-next-year-says-raymond-james/amp/

[EbbFlow88]

I still give credit to them for creating good products and building out a large platform, but the analyst himself sees big downside and is only keeping this outperform and 0.40$ due to Imperial. If you believe SG&A is coming down and they will limit dilution then this might be a good play. I wouldn't bet on it though. Much easier ways to make money in this market. Sarugaser had some

[JaCkSnap]

Suragaser never said the only reason that he is keeping his OUTPERFORM rating was b/c of Imperial.  What he said is that a brief 1 quarter slip before they start making the real monies!  

[EbbFlow88]

Due to the potential dilution from the convertible debt drawn to date, Sarugaser dropped his 12-month target to $0.40, saying, “we maintain our conviction that with its focus on C2.0 combined with support from its heavyweight partner, Imperial Brands, XLY is set up for long term success, so maintain our Outperform(2) rating.”

[JaCkSnap]

Thank you for proving my point.  I'll keep my sahres thanks :)

[EbbFlow88]

It's always good to get an unbiased opinion (I don't hold and am not short). Do with it as you will. Good luck.

[JaCkSnap]

Oh yes! thank you for coming on here to give us a hand! You're a great guy! no invested at all just an another observer!

[djanz12]

A good stock and a company with good products can be 2 different things. XLY problem is how they structures the share capitalization. Its the debentures that never convert. Debs are loans if they dont convert and that is debt. Thy have 20MM but owe 100MM. They cannot service the debt for long. When a company with no revenue issues converts, like they did, its to keep from diluting insiders while