Chalice Brands Ltd CHALF

RE:RE:RE:So IMO this is good but

[Puffdragon6969]

Yes q/q sales went down but I would attribute that to a build up before the sales license was granted and it popped a bit. Going forward steady climbs should be seen. 

Lutherva wrote: I was called a liar for pointing out that revenue went down q/q lol.

mrmonopoly wrote: My sentiment is similar; cautiously optimistic.

These earnings are very average and were expected as a minumum, so by GLH standards that's definitely not a bad thing.

Couple things to keep in mind:
- revenue looks like it declined Q/Q. That's a bit concerning.
- none of the promising changes that the new CEO has made are contained in this release

All in all I'd be surprised if the needle moves much tomororw, but it does make me a little more optmistic for the next release. No reason to be selling at these levels that's for sure.

daveinvestor wrote: Great true profitability seems to be on the near horizon. They finally seem to be moving in the right direction. 

BUT

i advise a dose of reality. This stock needs to attract a lot  more institutional investors. That’ historically has been another area that the company has needed to improve. This may take time. Frankly the company needs to start stock piling cash. Also don’t forget it’s primarily operating in the US and there has been very little movement towards any Federal improvement. 

Each of us has been disappointed here before, until we can see sustained buying, the journey will be a while longer. I am talking months of sustained buying. However it least it seems the ship is finally headed in the right direction. 

Good realistic luck to all.