RE:RE:RE:target price?It was overvalued then and its still overvalued now, even more so. The reason for sp increasing was because everyone didn't and still doesn't understand the reality and just want to be into pot somehow. Multiple quarters of loss revenue and no more blue sky hope of legalization will put you into check though. Tell me, how am I wrong about my last 2 comments? exactly.
TimMcCracken wrote: watchmeplz wrote: To me it blows my mind that this company can be over 100mil market cap with only 19mil in the bank and a crazy burn, with no signs of getting out of the red for quite some time. Talk about extremely overvalued. I think fair market were talking a buck a share which will leave roughly 100mil market cap is more than what I would pay for this.
david12345 wrote: What is your target price on cgc?
I can't take this roller coaster, i want off.
any suggestions above 2.85 on when to sell?
thank you
Please do not make decision's based on what you read on this board ... do your homework and make informed decisions about the future ... Here is an example of this watchmeplz guy ... he has been bearish for a long time ... he wrote this on February 25th, 2016 and you could have bought shares that day for $2.73 (13.5 months ago) ... Today's price of $9.70 you would have missed out of 255% ... The 255% gain is impressive given all the downward pressure lately ... he was spreading fear then too ... we are all entitled to share our own opinions ... but please make informed decisions based on your own homework ... don't just react to garage you read on this board.