RE:RE:RE:RE:RE:Cocky pumpersYou forgot one key point that is huge: one year from now there will be discussions, and price pressures, again, on just how Hexo will pay off the $300 million debenture that comes due in early 2023. Only a clueless-moron thinks the strategy is long-strong
quinlash wrote: I can project out net gain and net loss. Loss side is more challenging but it can be done with enough time and effort.
To-date, Canopy Growth, Tilray and Auoroa Cannabis are yet to turn a net profit, this applies to HEXO Corp as well. One can compare the progress to profitability across each of these players to see which is progessing the most rapidly to crossing the profit line.
The Cannabis Sector as whole is a High Risk / High Reward sector to be trading in, a downturn, regardless of duration is not an indication that a shareprice will not recover and set new highs.
If you take up a position for days or weeks your odds are lower of making a successful play (IMHO) committing to a year or longer tends to be the better option, again JMHO
GLTA
Q