RE:I wound't be long on a 750 millions venture with 0 sales
This is, by far, the most accurate and relevant comment on this bullboard since it's day1.
Congratulation to you for focusing on fundamentals and facts !
Pulcan
PhenixKush wrote:
And currently growing outdoor low-quality marijuana.
This is 400 millions $ company, and even at this price, it could be overvalued! You guys have to compare peers.
I believe some of you dind't compare what ACB (ICC) / Canopy / Aphria (LATAM) paid for peers.
It's 50-60% cheaper and some of then have SALES, some of them are in few countries (PCLO is limited colombia), and ALL of them have NA partners with extensive expertise in vertically integrated Cannabis Operations.
Bullish people, You guys might have smoke too much thinking this is possibly worth more than 5$/share (550 millions CAD)
Remember :
NO REVENUES /
SKETCHIE country (bombing, armed forces, corruption, )
no GMP /
NO SALES /
NO TRACK RECORD /
only 500 000 square feet currently producing
AND LOW QUALITY OUTDOORS
Theses are the fact
Now find me 1 PEERS valued at HALF of PCLO with theses ''features'' LOL and il buy for 50 000$ the DAY after somebody finds this. But I know I wont, why? Because .... no peers match this abusive valuation
GOOD LUCK, you will die searching because there is NONE hahaha
Sorry. Stock could have potential but is grossly overprice. Simple as that
Simple way to undesstand why and save big big losses in the next months
1) Close Youtube 2) Open Sedar 3) open Excel 4) Do peers to peers comparison 5) Acknowledge it's 50% (at least) overprice about what peers are 6) Sell 7) (optional step) Thank me for saving a big red loses in your 2019 FY
Thanks