Post by
Bigoldstocktips on Apr 17, 2020 4:27pm
Blood bath
Did not see a huge blood bath today like some were suggesting. No sell off by big investors like the director that just left who has 17 million shares. Earnings were not that good but I said it was already in the share price. I also said revenue would be a million and loss of 2 million. Remember in that quarter they had a pause for awhile on Ontario. First quarter of this year will be a little better with Newfoundland Manitoba and Ontario on line. I think revenues will be 1.3 million and maybe a loss of a couple million due to new expansion start up and mortgage payments. Still no cannabis 2.0 or extraction news. This cost way to much as Melinda is being very patient and conservative. As several cannabis companies got to big to fast and are now laying off and closing down facilities. When Eve starts shipping to Germany it will be interesting to see how fast this stock goes. That's what everyone here is waiting for.
Comment by
noobieonhere on Apr 17, 2020 4:41pm
I agree with this statement. On a positive note, I drove by EVE on Wednesday of this week and the parking lot was full at 1pm suggesting that people are there to work and work is getting done. Thanks for your input Big!