RE:RE:RE:slow and steady increase in revenueBehind reviewing these but will be doing that right off here this morning. First thing that I want to point out to the few that insist CHV spent all the money from last years PP deal.
Cash position was $4,259 compared to $8,953 as at April 30, 2018 and $5,844 as at July 31, 2018.
As far as good news. Here's the thing. They could announce they are growing money trees instead of cannabis and the stock would still go down. Tax selling and industry sell off on legalization news have collided. Delivering good news is best left to a time period where it can have a positive effect on the stock price. There has already been plenty of good news, like these last two financials. It has no effect but that does not mean it is not good news. You have to stop judging companies by the stock price. I keep saying its not representative of the company itself.
The new year will bring relief from those taking advantage of tax losses, and the license and stores are quickly upon us. The time to buy is before the tide turns IMO. What is absolute bottom price to buy? I don't know so I buy every day knowing it will be much higher when the license comes. I have little doubt of that.