Entourage Health Corp V.ENTG

This degree of pessimism is hard to understand

[prested]

Considering that 3 days the quarterly figures will be known, I find it hard to understand why the current price reflects such pessimism. I am not aware of any reason to suppose that there will anything but good news. Maybe even great news. Much may depend on guideance and the projection of when the company will reach profitability. Am I missing something?

[PeterC90]

Only concern I can think of is if their cash position. Haven't announced a raise yet so not sure if that's a good sign or not 

[Method]

Maybe they will do a rights issue backed by LIUNA? It's one of the few Cannabis companies with a big shareholder with deep pockets who could backstop a rights issue.  I own the WMD.DB which is trading at an elevated YTM to say the least. Any sort of raise would be great news. 

[voiceoftreason]

Not pessimism it's realism, not expecting much to come from this quarter except possibly announcing a cash raise along with their ER. During the first quarter of 2020, the pandemic did not have a material impact on the Company’s operations. As at March 31, 2020, we have also not observed any material impairments of our assets or a significant change in the fair value of assets due to the

[shenry24]

Im right there with you!  This thing has been trading like they've been sanctioned for unlicensed growth and announced a delisting.    When it's actually quite the opposite.... My theory...just a theory....you got shorts playing off the hopes history repeats itself.  For the last year and a half this stock has gone down hill each time financials were released; I