GREY:CVHIF - Post by User
Comment by
choices9999on Aug 27, 2018 2:34pm
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Post# 28524162
RE:What are we waiting here for?
RE:What are we waiting here for?This company is dead in the water (has been for over 1.5 years). The failed rehab business model to which the 4th CEO in 3 years (Heath) finally admitted to is now trying to get bought out by someone (anyone). The went into the overly saturated MJ market and are now offering 3 products at a discounted 60% (it was supposed to be a temporary 60% price cut but you have to assume that sales are know where near what they expect thus they are still still their 3 MJ products at 60% competing with 1000 other similar products that have been out there for years). Btw, go to the Weedaide website and see for yourself regarding the ongoing "60% promo" lol! This company is dead but you still have some longs wishing and praying for miracles but the SP keeps sliding. I shorted this in the past (only way to make any money off this dog) but one poster who goes by 2 different names (Luminous aka TheProphet) as been trading this daily for 1/2 cent swings posting nonsense daily.
This company is done - don't let morons like TheRock, WoundedKnee and Dart68 sway you from buying. They are so deep in the red (70%+) and are hoping newbies like you buy so they can get out..
brentski99 wrote: 2nd Q results? They wont be out until 45 days after end of Q from what I remember the rules as being. And I believe they can ask for an extension from what I recall. Please correct me if I am wrong.