RE:Negative and positive potential here = cautious investorsLeafRider wrote: That is why Namaste is struggling to regain ground recently. For every person that thinks this is going to turn around there are 2 more that have had enough of the gong show around here. I might add to my holding is this drifts below 65 cents. I'm not sure it will get there, but if and when those financials ever come out if they represent massive losses and we're basically in need of another capital raise in the back half of 2019, this thing is going to get smoked hard.
It would be really foolish for smart investors to absolutely put the blinders on and just buy this right now simply because of the chart... Those types of investors are fairly common in the cannabis sector, but there are some really good companies out there that are doing things right that aren't moving the needle. So how can we expect Namaste to "pop" or recover... Look at HVT and XLY both made some great gains recently and I'm glad I moved a pile of my Namaste at the drop to the 80s...They both moved off of recent lows due to positive developments.
I really hope Namaste turns this around because I do plan to hold this for a long time, I've averged down a bit as have most. The execution by managment is key at this point, and they do need to hit a couple international milestones out of the park for people to take interest. Right now it many have left the building, and they aren't considering touching this until they can prove they have a capable board and a CEO that is actually paying attention and not just standing int he role because Dollinger messed up.
Maybe the new CEO who's "experienced" would start to realize that people simply need to know what you have in the bank. When you're this backed up on financials it's a red flag. Fix the obvious F'n problem already Mr. Interim CEO. This company needs a leader that knows the business and understands the market, this guy has done neither. What I've seen out of him he's nothing more than the first poser willing to put his neck out there at this very volitile time for a company that is no where near the $700+ Million they once were.
JMHO do your own DD - for the record I want this over a $1 just like most of you. Bashers don't count either, they're all on ignore on this end.
bahahha ahhh another novel of soft bashing guy thinks he knows what nanamaste is about....beat it loser