GREY:WLDFF - Post by User
Comment by
XXX28XXXon Nov 22, 2019 12:06pm
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Post# 30382735
RE:RE:Sector headed back down again today
RE:RE:Sector headed back down again todaytypically the stock will go back down to test the low of 19 cents and go a bit below it before it recovers....the only thing that would let the stock go as low as 10 cents is if the quarter year end report has a very negative surprise.....likely the growth will be good but that is true for almost all weed stocks that revenue is growing but the important this is at what cost....how are expenses controlled and what is the cash burn rate...does the company need money and have to raise it from the market....what is net income and profit potential....that nobody know until they release the results which are way overdue....they had said November 15 at the latest....they should have been more on top of things and anticipated possible delay in results.....will see how it all plays out....good luck