RE:RE:Results of Some ResearchSame question I have as to why BLO spiked today and is trading at over double the market cap of THC. Look up BLO's last financials, they are 7million in debt and have yet to make any real revenue.
Honestly can't answer because I don't understand the psychology of trading sometimes. People get all hyped up almost randomly sometimes about companies that aren't really doing all that much, yet THC can post all the positive NRs they want and nothing happens. They bought Clone Shipper, people acted like it was no big deal. Aurora comes out with Envoy, they call it a game changer. Just seems like when other companies just get a cultivation license or whatever people get super excited and yet here's a company that has all the licenses, but they don't care.
Is it just IR? Would an investor deck on their site or presentations make all the differences here or can a company survive on fundamentals alone?
Rambo007 wrote: Good post...question is WHY ?