GREY:INSHF - Post by User
Post by
mtd121215on Oct 11, 2018 12:34pm
74 Views
Post# 28781836
Trending down....
Trending down....Of course...It's very overvalued.
Anyone also see that even though "WATCH IT" had an increase in revenues that their net loss was up over 40%
Cool business model, and the name "SpiritLeaf" is obviously one that could be loved but until there are real numbers on the income statement and an actual network of stores in place this stock wil not be very attractive.
I'm not saying ISH won't be successful, but for the short term, expect this stock to bleed a little.
Also consider that the market is seeing a correction and with most pot stocks being owned by the retail investor, it's not hard to put the scare into some people and increase their sell. For those thinking a long hold for this stock, should probably hold your cash and wait for this thing to coem down to $0.20.