RE:is the tweed ship sinking for good?
I don't think it's sinking for good. Too early to say that, they didn't even post a quarterly report yet! I think traders are retesting $2.40. I know it's not easy to watch but I am confident the stock will rebound. You have to expect allot of volatility in this stock given it's a new industry. Look at the positives
1. They are completely sold out on their first batch. Second one coming soon.
2. They have a strong management team.
3. The $15 million bought deal is going towards expanding their production. Meaning there is a huge demand.