OTCPK:SPLID - Post by User
Comment by
Tundra14on Mar 22, 2019 7:14am
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Post# 29521463
RE:RE:RE:RE:RE:RE:RE:of interest to comparison investors
RE:RE:RE:RE:RE:RE:RE:of interest to comparison investors....and there they are......LOL.
Your poor, pathetic, baseless response supports my argument. And if you meant to imply that I have not “
inculcated” you arguments, why would I? You may want to re-google that word and it’s proper use. On the contrary, you’re the one who is repetitively pumping EAT on very basic common info that the market really doesn’t think is too important. Surely the entire market can’t be wrong and you’re the only one who is Buffett enough to see this.
LiquidOctopus wrote: Hi Tundra,
The issue is that the 1700% rise in sales happened rapidly and put us on the 420 Investor charts and the share price didn't really react, and it should have. The other part of this is, the pot sector is overvalued because of Canopy, Tilray and other Canadian big weed companies. There are still lots of smaller players, like Nutritional High (or Canadian House Wellness, their Canadian partner), that are not the reason this sector is overvalued. You know my arguments and have sadly not inclulcated my arguments. Nutritional High is way undervalue vis-a-vis their merits.
The question is expepectation of future profits when investing. And, when I ask and answer that question to myself. I cannot sell at these prices because my expectation of future profits from being long on this company break my calculator.
Tundra14 wrote: Regardless of what a few of the moronic posters here say, using market cap, or sales increase for these start up / juniors in a new market sector to value one company from the next and to try to predict their future rise, as the hypsters think they can, is irrational and impossible. I’ve heard on many occasions posters hyping up EATs 1700% sales increase. It’s a start up, very little sales to compare with so of course it will be high. Imagine what would happen if Canopy or Aurora had that same 1700% sales increase? Funny how the rest of the market doesn’t seem to agree this is a big deal for EAT. The experts to this day are still saying the entire cannabis sector is overvalued and is due for a strong correction. I’m long on EAT, have been in it since 2014 so I’m not here to bash as I’m sure I’ll get accused of. But as a responsible investor, I’m starting to have some doubts in the management of this company. The last couple of years seems like they are in over their heads (license rescinded?). Here’s hoping they can get on track. I dislike bashers just as much as I dislike hypsters. All useless, baseless posts. Pretty much what this Stockhouse website has become. I pity those who rely on this site for the majority of their investment info, but, as the saying goes, there’s a sucker born every day.