TSXV:EVE.H - Post by User
Post by
loool12on Nov 14, 2019 9:34pm
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Post# 30354100
🤬🤬🤬🤬🤬
🤬🤬🤬🤬🤬 HMMM - FRIDAY
Bounce dead cat or total surrender, do not bet on any dead cat bounce. Aurora's numbers are also disappointing with a $ 40 million loss - stocks fell 13% after market. Friday, the bloodshed in the area again ... and all these Lp rushed to produce even more. Costs weigh heavily on revenues - all revenues are down. Drinks and edibles to save the day ... Do not be fooled, you have already integrated the price. The next step is to reduce costs, to make massive layoffs across the sector, to sell non-core assets. What can Canopy say today? We no longer have expansion plans for Canada. Another fledgling industry in trouble. Encana leaves Canada ... Canopy next. Today, we only had a glimpse of the market response to Canopy's terrible numbers and prospects. Has anyone really thought that Aurora would be different? It will be almost impossible for any of these producers to reap the traditional sense of the word - to offer equities - cash consumption is out of control. EVE did well to collect this pile of $$$ recently. So, Canopy is no longer committed to growth in Canada because, in his opinion, this is not justified ... So where does this leave the opportunity for EVE to grow - will be soon as useless as the original orders, will not even be able to give them. Thus, not only is the energy sector at risk, but the industry is also prepared to deal with a possible collapse. Caveat Emptor is the new mantra of the mj sector. This is a 1 - 2 shot that is played here - tomorrow will be devastating with another 5 - 7% leaching by the end of the days. The sale of tax losses is the next knockout. EVE will be on the carpet for the foreseeable future. What is the catalyst for the next turn - these discs lose money in the fist. We could even see $ 0.10 by the end of the year - Will this be a buying opportunity?