RE:RE:Breaking 2.90 Tomorrow & Serious QuestionInterpolation1 wrote: Let's Not Talk About "tomorrow". The markets are prepared to close early etc all depending on what is happing in the UK (exit polls etc). Yes, Bre-exit has not direct correlation with CGC and other industry stocks but sometimes companies get carried along on the wave. My own experience is decades old and it went up and up .... more stable etc. But that was before instant media ... online trading was done by a direct modem link the bank etc etc ... different world. Sorry ... but I imagine the fundamentals are the same .... just the demand pressure from mutual funds, venture funds, pensions, index funds, etc etc ... those pressures alone are more than exist today ....but overall I think this stock will increase and/or decrease as the government unfolds "the plan"....
FalconM wrote: Taking both the openings vs. closes of today and yesterday, I'd say that we are set for the 2.90 range tomorrow. Also I am curious to know how many regulars on here expect CGC to be cash flow positive? While it is not their priority I know that the TSX listing is a good sign. When this stock hits the TSX, if the company is not sound the SP could actually tank once the big-time investors try to match the stock with its fundamentals. Just because it is on the TSX doesn't mean they will go LONG. So from management's perspective, I would think they'd only endeavor to do that if they had positive cash flow earnings now, and then even stronger earnings in September (with Bedrocan's oil sales). If anyone has experience with a venture moving to the TSX and how its SP fluctuated, I'd appreciate any insights you may have.
The vote results are not till Thurs late night/early morning so whether they affect us at the end or not, nothing is gonna happen tomorrow other than CGC continuing to freight train onwards is my guess