RE:RE:Good morning to all you smart Hexo Investors from all partsJBong55 wrote: Hi Rickydee
1 point - the 5 year deal with the province / state of Quebec, guaranteed 1 billion $ income and nice cash flow for next few years.
(Note on top of the 400 mill plus innthe bank now)
Side note to investors. Having owned this for years since day 1.
In at 50,ooo shares at $1.26, I remember clealy when this stock was fighting up and down for years.
Then it began flirting at the 4.75 mark up and down, up and down for awhile , it was torture, and that was after YEARS of holding!
We it made it past $5... I was Sooo very happy.
I thought "we made it". that wss a milestone, we made this a contender...
So to you all, yes we have made it, and this bounce or decline or shake up is good as it is almost impossible that we come out of this negatively.
This is a seroius cannabis company with perhaps the best fundamentals of a real and actual business operation next to canopy.
Just breath... it does not happen immediately.
Hold on..
Hexo long...
I don't understand how anyone cannot see this as being the voice of reason. Forget all the bahsers and shorters on here... in fact i wouldnt be surprised that it is all just a couple of idiots that just uses different alias to spam this place.
It is normal that a stock goes up of down. I mean we reach 9$ in very little time. it is normal and expected to come down att ime and go through consolidation phases. This will happen time and time and time again and for anyone that has been investing it is foreseen. It is also a great time to assumulate if you need.
If you thought you invested in a good stock and there is no real material change then keep to your original plan. I imagina alot of us looked at many options and conlcluded that Hexo was the worth our money because of management, contract, cash, and it not being hyper valued as opposed to it's peers. This has not changed since Oct 17. the fear of production gaps, postal strikes, and cannbis bubble do not affect Hexo.
Production: They are increasing production
Fear of Postal strikes: currently they are rotatin. Hexo is sellign a product that is not easily found on black market. Hexo is very much present in quebec where B&M stores are opening in phases.
Cannabis bubble: this is a real fear but Hexo SP was not over inflated like some of it's peers. Hexo and Cannatrust are 2 companies that did not go on a highly promotional strategy like the others. Sure the stock did not 10X in 2 months like some others but that is not a bad thing.
To make money with in this industry one has to not worry or celebrate to 20% ups and downs. it is the long term that is important. Imagine someone selling thei google stock when they got their 2X they wanted to get. Today they are looking back at how big that mistake was. It is the same thing with these stocks. Cannabis is here to stay it will not go away and you have the opportunity to buy in it's infancy. Stop looking for the quick money and look longer term.