RE:RE:RE:RE:#potstocks Price TargetThis correction is sector wide watch and unless the sector is going to collapse and go away valuations of all in the sector are going to based on revenue and net margins like every other sector. Analyst predictions are estimates, with varying degrees of accuracy and will continue to evolve until the sector sets it's ground.
Market cap etc again are just estimates based the same current info available all of which are going to evolve/ change along along with the sector and the companies with their individual story...the same as every other sector.
Indiva won't survive unless it can generate revenues to ensure the necessary growth going forward but if the LPs start to set up their own pre roll production there may not be enough for a stand alone operation...it may be of value to FIRE to pick it up at some point down the road?
Unless the sector is collapsing, FIRE will see more real, sustainable SP growth than most in the sector...add profit realized within the next couple of quarters, there is no better story out there and as long as the numbers for last quarter are in line with guidance FIRE will be closing the gap on ACB et al for some time to come, JMHO...Opt
watchmeplz wrote: Shows you how analyst predictions are fluff, look at the indiva company supreme just partnered with, 80 million shares, 24million market cap, that sounds wayyy more like a proper valuation. What a cliff still yet to fall off this thing.. Good luck your gonna need it.
maritimedreamer wrote: really hate to say this but i believe PI changed price target to 2.50$ since the massive bleed couple months ago......