GREY:NCNNF - Post by User
Comment by
flamingogoldon Nov 29, 2019 9:59am
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Post# 30405224
RE:RE:RE:RE:48North - Currently trading at ~66% of it's Total Assets
RE:RE:RE:RE:48North - Currently trading at ~66% of it's Total AssetsIf I had to guess, you do not hold any shares here. I believe you are creating the illusion that you are in this game much like the longs to avoid the basher label and risk being put on ignore. This way you get to spill your paragraphs of negativity over and over again like a typical basher.
If you really believe what you say you would unload all your shares and move on.
ModerateRep wrote: Holding some, liquidated most. I say approach with caution. More RSU’s? Dishonesty, silly stash boxes, lots of processing and manufacturing to do. If revenue doesn’t materialize from unique brands they create they will slowly burn cash and fade away in a crowded sector.
I also could easily see them being acquired and getting the pay day they all wanted. I don’t trust their intentions anymore. Until they can prove otherwise.
Definitely voting no on the RSU’s!
If an acquisition goes through at say .60 a share, guess who wins big. Pierre.
they have to big players in the mix that can put the share price wherever it needs to be for an acquisition.
I understand the fundamentals and on paper and all that. But until this sector turns around most investors aren’t touching it. Which means stagnant at best and a lower sp likely.
I still have skin in the game but I’m approaching them with extreme caution.