RE:RE:RE:yea..me neither...blueskiesaheadThe market does not care about loss of 91M when the race has not even begun - Constellations sure does not care. The start of the race begins on Oct 17, and the Q's will start to matter then. My point is backed by the curretn market cap and share price of WEED at the present time.
"I mean, imagine what Aphria's stock price would be if it reported a quartely (!!) result of such magnitude??" If APH had what WEED has built they could do the same, but the have not built what WEED. Please examine both their market caps at the present time. Pretty hard to argue with the numbers when they are right in front of you. "Most of the non-commercial investors know little about the market and invest into companies that show continuous growth in stock price. " At the present time it would be pretty hard to convince a WEED shareholder who has made a large amount of money money that they made the wrong investment.... I hold both APH and WEED, and thankfully more WEED, and I can assure you I am very grateful of my investment with WEED even though I have made a large amount with both. DELLicious wrote: "You still do not get it, and it i starting to get a bit sad. Investors invest with a company that shows promise and proper execution in a growing sector."
No, my friend, I disagree with you quite respectfully. The sad part is that you believe that there is "proper execution in a growing sector". What proper execution are we talking about when a quarterly loss by WEED was nearly $91 million "nearly double the total net loss for the entire prior financial year of $54.13 million.?" [1] Without much speculation, shouldn't proper execution result in loss reduction or even profitability?
The fact is that WEED's reputation is such that it doesn't matter what it does or how it does it, it will be the leader. Most of the non-commercial investors know little about the market and invest into companies that show continuous growth in stock price. They don't go beyond that piece of information. They don't look at the revenues, losses, etc...zilch. That's what I've seen when talking to a number of my coworkers who invested into MJ market. APH/ACB and others do not have such reputation. I mean, imagine what Aphria's stock price would be if it reported a quartely (!!) result of such magnitude??
[1] https://www.fool.ca/2018/08/15/do-canopy-growth-corp-s-tsxweed-latest-quarterly-results-show-positive-promise/