RE:Namath is oversoldRogerthat2 wrote: Simple comparison: Canopy is trading at plus 70x earnings, Namaste is trading at less than 20x earnings, Cronos is also trading at 70x earnings with less revenue than N. The sector average would dictate a $5 ish stock value for Namaste.
but the problem is, the sector is NOT valuing this at $5. it doesn't matter what a stock "should be" trading at. It's what it IS trading at. JMO.