OTCPK:NCNNF - Post by User
Comment by
flamingogoldon Nov 07, 2019 11:05am
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RE:RE:RE:RE:RE:RE:RE:RE:It's noon hr
RE:RE:RE:RE:RE:RE:RE:RE:It's noon hrWhen the tide is against you, there's no point in fighting it and wasting good energy.
The cannabis sector is completely and totally out of favour now. Just like Beyond Meat, which was on fire from the beginning of the year, the talking heads on CNBC and BNN no longer chat about it. Everything works in cycles, that's the market. No amount of good news will substantially help move the stock at this time. Why waste a a good news story when no one except current stock holders are listening. So, I am totally fine for them to hold off on news for as long as possible until sector sentiment improves.
ILIKETA wrote: This will be my last post to individuals like you who are happy with the status quo. I will simply put you on ignore and hope that you do the same for me.
It is my belief that successful companies that want to attract retail investors would find it in their best interest to provide actual numbers on a timely basis. I love the videos, updates and interviews but I would far prefer to have actual answers with numbers.
Estimates on extraction yields, harvest yields, revenues, projected earnings, capital spending.
“Although companies are not legally required to provide earnings guidance, it is nevertheless common practice for many of them to do so.”
Here is another quote from an individual on the ceo.ca board, to which I'm sure you are familiar with. It is from @Tweed:
"
we haven't had any news to make it go up or down. People want answers. I certainly am not adding more here or selling any here. I'm sure many people are in the same mindset. A little news and you will see the volume pour in. Hopefully good news :)" I'm not alone.
sim_1 wrote: My point is companies don't have to - and don't typically - update shareholders as frequently as you'd like.
NRTH posts many updates on social media - has created a series of videos to update us all on their progress at the farm. and Alison has given a ton of interviews with great information as well, all above and beyond regulatory requirements.
Don't want to compare them with Apple on "news dissemination"? Fair enough. Now find me one LP who's done a better job.