RE:Just buy and be ready for when HEXO turns around quickVery well said Hexo4Life, just to add the bank are counting on this to buy more at a cheaper price, be smart and buy at does low price...
So Hexo as more then 1000 employes, and a big shop... it take a few years before you get in good production mode...
So they will produce more then 250 Millions on their second year... not bad at all.
I wonder when they beat the expectation next year is the price going to jump to 20$....
Just buy and be ready for when HEXO turns around quick
Ok, HEXO made a over projected for last year saying they would make 400 million in revenue not including beverage sales. The most important part of the promise of next years sales was "not including beverage sales". This means even when HEXO announces their new projected sales for 2020 I expect to still see between 325-400 million in sales but INCLUDING BEVERAGE SALES.
WHO CARES IF THE CFO RETIRED. I surly don't care that they won't hit their 400 million. I was buying in knowing and or antisipting that they wouldn't hit their marks next year as I know they don't need to hit their marks 100 percent of the time. HEXO just needs to show the potential for fast growth and larger profit margins which will happen when HEXO sells higher profitable goods like edibles and beverages. Remember HEXO's business model hinges of food and beverages and HEXO never planned to stay in the garbage recreational business. Everyone knows recreational is cheap and was more a a novelty due to low THC levels but HEXO knew recreational pot would not be the place to stay but HEXO used recreational marijuana as their start into their long journey to eventual entry to the medical sector one day via Europe.
Now about the Bank of America valuation of $3.00 is a huge joke. Did you ask yourself why Bank of America didn't sell their shares before coming out with this announcement? Maybe that's because it's a shake out and they are buying your shares on the super cheap. What HEXO and Bank of America is doing is not illegal but it's dirty in my opinion but this is what happens when small investors like us are able to invest in something big before the banks. Remember banks were are not allowed to risk their money in marijuana according to USA federal laws.
anyway, HEXO long will definitely be good and the earning report still has not come out lol. Just enjoy the cheap share prices. Buy buy buy and I won't sell anything suckers.There is no such thing as shaking out the strong.
good luck to all.
Read more at https://stockhouse.com/companies/bullboard/t_hexo?symbol=t.hexo&postid=30235477#Qp5AAV5kDSmQwk2o.99