GREY:PRCNF - Post by User
Comment by
Toelderon Jan 22, 2020 8:03am
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Post# 30582051
RE:im totally confused on this stock
RE:im totally confused on this stockjg75123 wrote: Fully permited and licensed
operational, growing, harvesting, producing flower,edibles,concentrates ,oil. GMP certified.
and $11M market cap?????
they should be able to sell $11M this year. how is this stock priced at what will likely be 1 times earnings and other companies are 10-20 times...
Does the market have something againts these guys? are the shady? did they srcrew up somehow? or is the market just not aware of who they are?
anyone can help clear this up for me?
This is how a 10bagger begins.
Management is responsible, there were no bad NR's ever (!). Try and compare that to other companies.. So the only reason the MC is this low is that they are still flying under the radar and that's because they are still at the beginning of production, extraction, branding and white-labeling.
But Pure has a lot of potential and with good NR's coming (I believe this will begin after they announce financing) and a sector that is more bullish this will become a 10bagger.