RE:RE:RE:RE:RE:RE:My main concern nowThat's a pretty low call.
$2.04 would be a market cap of just of $170 million with cash of $60 million on the books.
Yam1 flow (and the decline rate) might bring in new institutional interest.
I know you were bearish on weed stocks....look at WEED.TO now.
Tough to imagine that I owned shares in that one at $1.50.
bfw
PennyGee wrote: We have completely different understanding of VLE (near-term) and the stock market in general.
That’s fine and that’s what makes it a market. I respect all different opinions as long as the poster is polite and civil - like you.
One thing I’d like to make clear though is I don’t think $2.58 will be the bottom of the next downturn, barring some game-changing news in the upcoming Yam-1 NR, eg, management and board get an offer from someone.
My call of $2.75 was proven good, and the 370k-share buy order @ $2.75 on Friday further highlighted its significance.
What bothers me a bit now is I honestly can’t see the bottom for the next downturn.
The first target looks like $2.04, but again, I really don’t know.
PG