RE:Cannacord suggest this overvalued even at 6$/shareIf and when the Citron short report on PLCO is going to get published, this will certainly be a key source in explaining why PCLO is grossly overpriced and do not support it's current valuation
JimRodger2219 wrote: This is incredibly embarassing for the longs. Remember : -No revenues -Cash burn of 1 600 000$ per MONTH - Only in Colombia - Not exporting - No track record - Growing outdoor on a 500 000 square feet open air land. This is NOT supporting a 800 millions valuation, and therefore justify why people are dumping and we see on LVL 2 lots of shorts pilling on. Thx