RE:RE:RE:RE:RE:Maybe Red?Agreed Trans, but that has been the case for the last 3yrs....Fowler hasn't been pumping but rather promoting the company, while the MM's have held the SP down for the lion's share of the last 3yrs. This will allow for the solid, sustainable rise of SP from here, going forward.
WEED is in a catagory of it's own today and is not a comparable but I see and easy 300% gain for FIRE and long before WEED, from here....FIRE has been different in most aspects of company, business model/ plan than the rest of the sector from the beginning and as such has not followed the norm...FIRE has been and remains held by strong hands and will continue to be rolled out as per plan. With the quality of product and the strength of the company's SHs I am not worried about if but would surely like to see the when any time soon, JMHO....Opt
theTransporter wrote: The multi billion dollar companies are being valued at their future potential and not current capacity. It just seems like the rules are different for FIRE. They are being valudated on today's "20% under crop" as you said, not on the full build out which is FULLY FUNDED. You think Canopy can justify it's market cap based on just today's production? No, it's based on total capacity to come online. Just disapointed to see how not all stocks are valued to the same "future value".
OptGreen wrote: I think there has to be millions of shares longs control Trans, and have no intention of selling until FIRE reaches a reasonable level of fruition....with less than 20% of facility under crop, less than 10% of lower end of post Oct 17th estimated sales volume, ~80mil in the till which is enough to complete the remaining facility expansion, minimal debt and burn rate, producing the best quality product for the hottest market since .COM, this story of a company recognized by the market and it's peers as a top tier company with top tier product, is still in the preface!!
We need to see some news and sales/ product moving out the door and the SP will substantially close the gap between FIRE and the top of the sector, JMHO and everyone needs to do their own DD and buy/sell accordingly....Opt
theTransporter wrote: OptGreen wrote:
I think the longs are holding a shite load of shares and they won't be selling anywhere near these SP levels
I hate to say this Opt but if your statement were true, we wouldn't be stuck in the mud with the wheels turning not getting traction in the SP movement after 5.8 million shares traded today. Obviously many are selling.
Canopy is smashing ATH once again while FIRE lost its flame from last week.