RE:RE:Question: ACB & CRONThank an you MA, I agree with you that all will run except ACB. I do own a bunch of APH and yes, I'm up on those already and wondering when to sell. Might be oversold now?
I was just thinking of Cronos to replace my ACB as they are comparable in sp. Will look at THCX as an alternative. Thank you again.
MartialArts wrote:
EI, all these names will run except ACB which will be seeing selling pressure not only from ACB holders connecting the dots but also from LEAF holders selling on the market to get cash versus gettting the now famous "ACB monopoly money" that loses value with dillution.
CRON has zero KG supply deal with provinces so far. They also have very weak production with only 47K KG in 2018 and 68K KG in 2019. What CRON has is Nasdaq access to US investors but WEED is getting that with a NYSE CGC ticker listing.
CRON's financials aren't very good with one of the lower 2019 EBITDA of just $47. The only one works is THCX with $32.
Have you looked at APH again? I'd be curious to know how you feel about it. Post in public or private. If there's any warts I'm missing, I'd rather know since I've very bullish on both APH and WEED. CRON had its bump and WEED will suck US investor's attention since it dominates on production and is second to APH on the financials.