TSXV:EVE.H - Post by User
Post by
Tomas617on Sep 25, 2019 9:49pm
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Post# 30165409
Millennials....
Millennials....I foth one hate the shorting of stocks.....but must applaud this effort. I am long and can see the forest through te trees but if you were trying to flip this stock or any other MJ stocks...well good luck now...spec money has moved on....look at esports. Now in theory let's say Hexo wanted control of a 1 million sq ft state of the art green house...they could use 20 million dollars and try to buy 80 million shares at current price...but if you look at level 2 .......there is no feasible way to get that much stock without first driving the sp into the tens of dollars...... So prob not happening. 2nd. With low sales, and let's be fair, germany doesn't appear to be happening in Q3, the revenues will be slightly higher than Q2 with steady shipments to Manitoba and to NFLD. But biological assets will be ...my best guess ...12 million worth. So again, in theory Q4 has the potential to be massive ... Like a 10 times Q3 revenue and what will that do to the SP? It's not like they are not growing right now in 220 sq ft... Finally I am sure that a JV with a Colorado company will come soon as well...trying to time edibles and xmas and the next wave of potential revenue streams... So for those that like coles notes......if you can hang in there .....I am pretty confident Eve will show it's true value. Now when this happens my only hope is that some shorts are still trying to grind this down so some can get caught and have to chase. Cheers