RE:RE:Visit to Hexo PlantWell said Quinlash. There comes a time when you have to take a stance and decide whether you're a day trader or an investor. I made the transition to investor when I was able to separate the value of HEXO from the SP. The SP will fluctuate but the value remains and it will be actualized when the dust settles down in the sector. Patience...
GLTA!
quinlash wrote: Thanks for posting. I would tend to agree, there should be better days ahead but the reality is that the market sets the price and right now there is a lot of negative out there that is keeping investors from buying and scaring others into selling. Sometimes you have to wonder if retail just prefers to BUY high and SELL low.. lol..
HaulJockey wrote: Had a visit to Hexo on Tuesday, WOW! It's so much more massive than a year ago! I did a google map search before I went and looked at the satellite view. Where there was a small forset was cleared away for building. When I got there, the cleared area is ALL GREENHOUSES!!!!
The stock price doesn't reflect what is there or what it's building out to be. Employees with shares are hanging in there because they see it first hand.
Still a lot of cash burn for sure, still top heavy with middle management too. I think that will change once they get rolling. From what I could see, efficiencies need to be worked on once construction crews are done.
I'm hanging on to my shares for now. When it happens, it'll be big and very fast.