RE:RE:RE:Why Isn't ACB Doing Well Today?HereForGood wrote: the rally will start today in the last minutes of trading as the shorts cover. The shorts know better than to hold over the weekend when they've already made a 30-40% over the last 2 weeks.
I've been in this game for years, and this sector since its inception.
People said all the same sorts of things about Canopy back in 2015.... Look at them now, rocking a market cap of 18.5 BILLION!!
We are now trading below 1 BILLION!
Our EPS might be -0.13 for the time being....but just keep in mind that we are expanding like crazy and have:
- A huge medical business
- A great product line from dry buds, to sprays and capsules
- Supply deals with all provinces
- A, exclusive partnership with BREAKTHRU BEVERAGES (Look at their product list)
- A partnership with Apotex
- 81 Acres of outdoor grow space in B.C and soon to be 200+ Acres
- 100,000 KG of annual production by the years end
- R&D program with Mcmaster University, Niagara College & Hamilton Health Sciences
Our price to sales ratio is only 24 as well.... Compare that to the other LP's in the sector and the picture becomes very clear (The lower the price, the better the value)
P/S FOR OUR PEERS
WEED: 124
APHA: 65
ACB: 108
HEXO: 68
CRON: 283
TLRY: 146
TGOD: 602
TRST: 24
People can make a balance sheet look however they want...All the "goodwill" and "intangible assets" are smoke and mirrors. The only true metric is CASH, TANGIBLE ASSETS and SALES!!!
Canntrust....buy it while it's cheap
That's interesting, but you don't even have a one star rating, so I can't trust you. Sorry.