RE:RE:Just a thought Hey whats up WC78, glad to see you are still posting. I took a bit of a break but I'm back for a lucrative 2020!!!
I am going to remove Homestretch from my ignore list becuase of this post below. I am not 100% sure why he was on there but his post below is very insightful.
Mayham
WestCoast78 wrote: Next quarter will be worse for sure. Not only, did Stats can sales numbers retreated for september, I just looked, slight increase for October. And the unknown bio-steel expense. Although we had a big return charge, the bio-steel expense probably will be aroudn the same 30-40M. Im concerned they spent a lot of good will on this. It'll be good in the end, but next will be worse, then Q1 reports late June, thats the turnaround.
Homestretch4me wrote:
We have one more bad quarter to endure. Canopy made a conscious decision to not make initial shipments of 2.0 products in the oct-dec quarter. They chose not to water down the 2.0 launch with a bad quarter. Jan-Mar is going to be our first great quarter, perhaps even EBIDTA positive. The hard road is almost over and the longs will soon start to see the payoff for their resolve. The new CEO doesn't start until Jan as they don't want him linked to a bad quarter. It all kind of makes sense if you take a minute to think about it.
Aurora is on the ropes which I predicted a long time ago and when they finally succumb to their bloated share count and debt, it will be a massive windfall for Canopy. Canopy will not buy any of Aurora's Canadian assets but will definitely purchase some of their international assets. RIP Aurora