RE:RE:RE:RE:Fitraders Rick not as impressed as emotional investors.NEWBINSIDER ......... did you pay any attention to what Sharples said about crude oil? It was ominous.
Edibles and beverages not on the radar either.
Vapes are the entire focus right now and cycling between client specific formulations is not a quick task ...... easier to run big orders on a continuous basis over trying to turn over many client orders concurrently.
The market and stock price will reflect all these difficulties.
You suggest other companies are facing bigger problems than Heritage when in fact ..... each company has their own unique set of problems ....... the size of which is and will be reflected in their stock price just as it is and will be in Heritage's market price.
CANN sitting at this level right now is a reflection of Heritages unique problems.
Q4/19 and Q1/20 will bring some clarity to the challenges they are facing.
The stock price will reflect whatever those numbers indicate.
At the end of the day ......... investing is always about the stock price. CANN at 26 cents at the end of the year ....... or even 40 cents at the end of the year ......... would not be a great result.
Can Q4/19 numbers give the players what they need to push the price down from this level? I think everything Sharples has indicated in interviews points to that as a real possibility.
Time will tell.
Sharples is confident in long term viability of the company ........ that's great.
Sharples makes a clear distinction between the stock price and the long term viability of the company. When he says he will not force the remaining warrants .......... he cites "reward" as the rationale.
Hmmm ......... one would hope there would be reward enough in the market price well after any warrants were forced. So ....... maybe when Sharples talks about reward .......... he means "well in the money" warrants before a force .......... like .... well well well well and did I mention well in the money ......... and currently ........ that criteria isn't met and might not be met in the near future.
Time will tell.
No need to panic ........ Q4/19 numbers are going to set the stage.
Sharples ramping up interviews heading into that Q4 disclosure doesn't bode well in my opinion ........ especially when he is outlining many problems they have and are facing and less about any master stroke successes.
NEWBINSIDER wrote: Bob - when comparing how Clint and the team dealt with the issues we ran into to how the rest of the sector has handled their own issues an bumps in the road - Heritage handled evrything that was thrown their way exceptionally well. It's a brand new sector. These thing WILL HAPPEN. You expected a perfect ride to the top?? Impossible. Sorry.
Good thing is: almost all the speed bumps are behind us now. Smooth sailing from here. Almost EVRYONE over estimated cannabis in short term. But everyone IS underestimating it in the long term.
Clint is building a company that will be here 20 years down the road. Cannabis will be around for ever, Bob. Heritage is very very very well positoned to take great advantage of this opportunity by putting out products on the shelves that are TOP quality and very much in demand. Having great supply deals for raw flower, a fantastic team, located in BC, ONT, and US. In a position to deliver quarter over quarter growth and enough cash to sustain our business model to sustained profitability.
Like I said: with everything about to run full scale. Give Heritage and Clint another year. The path has never been more clear. All the pieces are falling into place.
congrats to all shareholders.