RE:RE:Perspective Perspective part III.
Follow up to my Nov 15 and 26 posts. Eve has been swinging positive and negative.
Think about this, once again using Oct 30 2019 as the reference point. Canadian Marijuana Index is down -~18.6%. Eve over that same period is up +~21.2%.
With all the crazy and silly posting going on, just trying to provide a reference anchor for framing the bash / pump conversation (albeit the use of Oct 30 was quite arbitrary and there are other dates that could prove better or worse for this anchor, and of course the expansion approval plays a role here as well).
If you are long, forget about the daily dips and daily jumps... and the daily stupid of a board like this. Focus on long term fundamentals. If Eve is a good long term play, then the daily bashes and pumps are just noise to the reason you are investing.
I won't advise anything other than to suggest that you perform your own due diligence, never listen to anyone in this board, and only take on the risk / investment size that is comfortable. Anything can succeed or fail (including Eve), it is just probability one way or the other, factoring in all of the risk and opportunity.
I am long Eve, believing that they have solid / sound management, assuming that Eve will de-risk in the short(ish) term, and that Eve will eventually climb up to a more reasonable valuation reflective of its true value (they bucked the sector trend and are "mostly" working from a position of undervaluation vs overvaluation... i.e. working their way up vs down).
Hope everyone had a wonderful Christmas, will have an excellent New Year... and that 2020 will be successful, profitable, healthy and kind to all.
I remain positive.
Peace. Long Eve.