OTCQX:HBORF - Post by User
Comment by
BigSwingson Sep 20, 2019 9:33pm
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Post# 30150567
RE:RE:RE:RE:Transparent
RE:RE:RE:RE:TransparentHi again Countdown. I just saw this. You're not alone. Lots of investors made money on pot stocks in the early days when you could basically throw a dart and pick a pot stock and it would go up and a lot of those guys have given a lot of that money back because those days are long gone and the direction and sentinment has not been kind in the MJ sector. For the most part Canadian MJ stocks are likely to continue to struggle. US based co's like HBOR stand a better chance. There's no denying that it has been hammered since it's listing date. However, if you put it's chart up against almost every other chart in the sector since June, you'll see that they're all very similar. The difference is that their tax situation is transparent and they're one of the only co's that have a reasonable chance of near term profitability. They have over $15M in cash. Plus, their brand will be very attractive once US legalization gets into full swing, whether they try to expand on their own or a multi state operator is looking for a well known brand to take country wide. If you still own it, take a deep breath and stop watching it every day. Check in once a week to lower your stress and hopefully by the end of the year, it'll be in a much better position. Have a great weekend!