RE:RE:Why you should ignore price targetsThis is a business, everyone calculated as if 100% of the production was sold.. little hint for ya its sitting on the shelves. Also the avg selling price will continue on shrinking, just look at Colorado or California, you have long term examples. Stop trying to lure in foolish people into investing their hard earned money, the buzz is over, people are waking up with a hang over with 50% losses, you think they will go in for another round? The problem with projections is that there is way too many factors to incorporate. Who expected such a big loss last quarter? Nobody
fishfanactic wrote: Here is a clue ...St Louis stated the 20,000 KG of contract of MJ will be delivered by April...thats about 6 months ahead of schedule since first deliverys went out on Oct 17th. Expect additional MJ to be delivered from April to Oct for completion of year 1 contract. . I expect to see anywhere between 30,000Kg to 40,000 Kg delivered by Oct 17th by the beginning of Year 2.. up to 50% more than the 20,000 minimum. Yes price targets are a sham especially when you understate them