RE:NAtivegal seriously who r u kidding?Cathy80 wrote: I'm just saying NAtivegal u contradict yourself. I think this is a good stock however, I believe it is back to where it was right after the elections, and it will be volatile so it will drop back to 2.10 ish and end up in 2.50-2.6 and so on until the next announcement where it will go back to the year high ...
Be careful girl about that prediction.
It depends on two factors
1, How cgc is doing after the mergers. We need to look at cash burn, inventory, patients, gross margin
2, What could be the possible time for weed legalization. If it takes more than 12 months, then cgc will have to dilute it share again.
3, The projection about when cgc will be profitable(not just cash flow positive) because among the three LPs, two of them will be profitable around next year this time.
It is still possible, the share price will remain
flat for significent amount of time. On this board, there are still lot of share holders underwater. Can you imagine to hold it for another year in
red?