RE:RE:Why?!Well there is alot wrong with what you just said. Especially the Full production thing. They actually are only at a fraction of what the are planning to produce.
The reason for the sell off is mainly due to overall markets. Canadian MJ is overvalued compaired to established sectors but that is acceptable due to the infancy and high growth of the sector. However when the markets get week MJ is the first to get sold off.
topadvisor1 wrote: Krater, it's actually very simple why they are down and SHOULD continue to go down. They announced full production and a SUBSTANTIAL LOSS. It indicates that with full production they can't make any money, so WHEN THAN ??? You can't have a company trading at over 10 billion market cap with NEGATIVE EARNINGS. I did mention in the past that there are companies south o us that soon east of us that can produce at 2 to 5 cents per gram. If you can't keep up with that, you will get ELIMINATED. NOT ROCKET SCIENCE. Markets want to see earnings and JUSTIFIED GROWTH, not just buying ANYTHING for the sake of saying; LOOK AT US WE ARE GOWING !!!!!!!!!!!!!!!!!! Based on what they reported, I can't see this being worth more than 2 dollars. Suit yourself, time will tell what the market does.