RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:i’ll trust bmoIt may be more that I am less pessimistic jf, no way to tell how low they will push the SP but when they start to move it north holding short is going to be costly.
I sold off most all other pot stocks that I held early on and focused on FIRE because it was totally focused on quality, state of the art facility, with most efficient growing hybrid facility, 10,000ft grow rooms to manage/ minimize crop loss, etc, but quality product first and foremost at all times....this mindset is exactly the key to cunsumer support of the FIREmenu country wide now and for all in the industry going forward. But not easy for any and not pssible for most to even produce let alone at scale.
Today FIRE has changed course with focus on ramping up to full production sooner with changes like the turbo trim/ processing equipment and mainly the in-house packaging, QC monitoring, supply system control, etc.
My focus is on the guidance, as I was less than happy with the FIRE roll of legal rec day and with the progress up until the changes in direction with this guidance...today Moore/ team are on track with guidance and with the ongoing changes implemented they are meeting guidance targets and appear to be well positioned to meet timeline as well.
The bar for FIRE to achieve for sales, based on guidance, in report due on the 13th is low because of the in-house packaging progress mainly and will continue for a good portion of current quarter as they continue to ramp up...with the T-trimmer for example and the packaging fully operational over the coming weeks, the increased production from the entire grow area shelved across the country...the guidance is more reality everyday.
The Feb 13th report is going to be key for the info mainly, sales north of ~$20mil will be a nice but big numbers probably won't start to pile up until later this month and much better through March, the verbiage in the report will be the big tell...do they still support guidance, why or why not? While it all looks very good so far we need to see the 'goods' and I will be surprised if they are not on track to meet on the higher end of guidance but until we see more this next report much remains up in the air. JMHO...Opt
jfogarty12 wrote: You are funny Opt my boy --
and the most optimistic of all the folks on here
just to let you know I made the mistake of getting back in
@ .56 cents guess waiting another week or so would have been
better .....48 cents sucks - how low can it go?