OptGreen wrote: Agreed Geo patience is the key, I have felt FIRE is more realistically priced than WEED and ACB et al to a lesser degree because FIRE is still producing at and with sales of less than 20% of estimated and facility production capacity. The result is not looking good for WEED, ACB et al with all the hype priced into their SP when in reality they will be lucky if the can maintain the growth and net margins necessary to justify even current valuations of which are less than 50% of their 52wk high... most of the drop looks to be hype?
FIRE is undervalued at current SP based on Q over Q sales/ revenue increase to ~$19mil+, doubling and still less than 20% of estimated growth going forward. FIRE's SP will be justified and sustainable as it increases as it based on fundamentals and not hype.
The numbers need to match the guidance within reason, under is best, and I think that is what we will see tomorrow. Add the continued growth projected and we should see 3x last quarter sales/revenue by fiscal year end based on guidance, of which would justify a SP north of $5, with no hype.
We won't see $3 tomorrow but with current quarter ending Sept 30th and with sales in the ~$30mil+ range, at that pace $3 will not far away. With all that there is in the pipeline and the quality in every aspect of this company, it is in a league of it's own and this will be born out on it's path to full production, JMHO...Opt
George141 wrote:
...there are forces within and outside that are desperately trying to manipulate this stock price. I would be worried more if the stock was up today because it would set us up for a letdown. The news will be good tomorrow. The company knows this is an important event regarding the financials. We know it too. You got this sadistic clown here "toots" for short but not for long in his mommas basement probably with a case if home made beer, a large pizza on one side and a bucket of chicken on the other trying to demoralize longs here. All I can say is "What a frickin goof"...