GREY:MMNFQ - Post by User
Comment by
hpjtv77on Feb 04, 2019 1:51am
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Post# 29313290
RE:RE:RE:Why keep bringing up lawsuit???
RE:RE:RE:Why keep bringing up lawsuit???All the weed stocks dropped back in November/December. Look at everyones 52 week high and current levels. The only thing these lawsuits are doing is dropping the stock ever so slightly and holding it back while everyone elses is recovering slowly.
Weedtothemoon wrote: Exactly lol these people on stockhouse dont know how to read information. Stockhouse is mainly for people who dont know how to read info so they look at what people are writing about the stock.
The reason the stock was under attack in the fall is because medmen shows apprx 100 mill loses every quater and CFO quit and it went down from $9.50 to $3.50. Then the stock rebounds to $4.50-$5 with no news mainly due to the industry going green and the that same guy sues you. And people waiting on these financials? Lol the 40% projected growth? That doesnt make stock rebound. Stock will rebound when the show ability not to lose money, which isnt going to happen in the near future with the lawsuits settlements they will have to pay.
Anyways nightware week coming up. But could be a good buy later on in the year if they can cut down on the loses each quater. For now I rather make 20-50% on anything else since the whole industry is going green and rebuy medmen when its another 20-40% cheaper.
Make logical decision dont get emotionally attached on your losses, you can always just change positions.