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EastWest Bioscience Inc V.EAST.H

EastWest Bioscience Inc. is a Canada-based vertically integrated wellness company with a multitude of business units and assets that allow for seed-to-sale supply chain management. The Company sources its raw materials, processes, manufactures, tests, brands, markets, and distributes its products to its customers in Canada, the United States and others. It owns and operates retail and manufacturing subsidiaries. Its retail subsidiary (natural health retail franchise - the Sangster's health centers) is engaged in the health and wellness industry. Its stores provide natural remedies for the prevention and treatment of disease and ailments. It has over 202 exclusively labeled products, including vitamins, mineral, herbs, proteins, natural body care and organic foods. The Company, through its subsidiary, Orchard Vale Naturals Inc., is a Health Canada licensed manufacturing facility with capabilities to encapsulate, package and label. It manufactures health supplements for B2B clients.


TSXV:EAST.H - Post by User

EastWest Bioscience Inc > Doesnt look good
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Comment by Riskitbiscuiton Oct 18, 2019 3:15pm
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Post# 30245199

RE:Doesnt look good

RE:Doesnt look good

Inoutorstay1 wrote: I once bought 200,000 shares od this stock for 12.5 . I got out st 10 and took a loss. I am so glad i made a good move. I am only here to see the recent updates about the company .

 

It does not look good based solely on share price, I agree. But product development, expansion into new markets, partnerships, and sources of revenue are all progressing well, despite the drop in share price. If the next quarter report does not show revenue growth then I'll eat my hat. But I'm betting we will see growth there as well. 

This market is brutal right now and you see drops in share price across the board. Some companies like East are punished more than they deserve. But when everything is progressing and revenues continue to grow quarter over quarter but the share price is dropping like this, you know you are dealing with market inefficiencies. Exploit it.

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