GREY:NCNNF - Post by User
Comment by
flamingogoldon Mar 24, 2020 1:51pm
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Post# 30842445
RE:RE:RE:RE:Currently, it is better to stop bashing 48North
RE:RE:RE:RE:Currently, it is better to stop bashing 48North We just popped to 19c in a flash. Shows that money is ready to come back. How many dumped the last few days and now might get itchy feeling left behind?
We will probably pull back a bit but goes to show this sector can rise from the ashes again... but this time only those with the $ will make it and that includes 48. We may have a chance this year to get it right after all.
ILIKETA wrote: I'm elated because I have hope again, but I'm pi$$ed off because we should never have been put through this in the first place. Agreed. This certainly helps heal the sting.
flamingogold wrote: He did admit to failure. However, like you said they still got their doe for the failure and we got diddly. That much sucks.
Putting company performance aside, if we can get CV-19 solved, then like Trump (like him or not) said, there will be monumental "pent-up demand" for when we all come out of this.
With the cannabis sector having already been pulverized there could be even additional pent-up demand. We're selling for less than cash value now. Focussing on that for now helps heal the sting.
ILIKETA wrote: Try taking your rose coloured glasses off and support individuals that are only looking out for the best interests of investors. This management team took $50,000,000 from us last year, with the commitment to deliver shareholder value to the tune of 40,000 Kg of high quality cannabis. They completely screwed up the outdoor harvest, costing the us Millions upon Millions of dollars. This new CEO has FINALLY done what this management team should have done LONG ago (keep us informed), so I'm not about to kiss his beep like you are. The update is fantastic, like I previously said, but he needs to know that he didn't do anything special here. He only did what he should have been doing long ago. It's our $50M that they are using to pay their salaries. We deserve to be informed.
HappyFlowers25 wrote: ------------on the bad results of the last 8 months without forgetting the problems of Coronavirus and rather to appreciate the positive event that the CEO has just submitted to us.