RE:RE:RE:RE:RE:RE:RE:RE:What does the Dwarf Say? You mean you've been saying that share prices of marijuana companies will decline over tbe last 5 weeks of them declining? Your concern is liquor stores? Aurora bought a 20% stake in Liquor Stores N.A that will open up cannabis retail outlets for 100 million cash and that's bad corporate strategy? Did you think Loblaws buying Shoppers Drug Mart for over 14 billion was bad corporare strategy too? Being first in to international markets like Italy, Germany and Australia is a sign of bad corporate strategy? Those international markets are exactly the thing that will make these companies worth more than the 5 billion they're at today. They won't need to raise cash because they have over $400 million on hand and none of that is from the rec marker. Again, no investor cares about current valuations, currently, none of these companies are worth their current market caps, currently no company is worth its current market cap, that isn't why people invest in the market, current valuations isn't what stimulates growth, projected future earnings is what does that. If you think being skeptical and calling for gloom and doom and shorting a stock is having a clear image of things, then go on with it. But it doesn't make you any less wrong and doesn't make shorting positions any less parasitic.
schocor wrote: What I am saying - and have been saying for about 5 weeks - is that the valuations on MJ companies is ridiculous. The stock is still overvalued, the have a terrible corporate strategy (liquor stores and international sales), I believe they will need to raise cash again before their first crop of MJ hits the market, and I was pretty damn sure that there would be an overhang of shares from the Cannimed merger. I think I am seeing this a little clearer than you are at this point. And I think this still has about 30-40% to fall before the end of 2018. Aurora will be a market leader; it is just not as big a market as you think.