GREY:WLDFF - Post by User
Comment by
karldrogo45on Apr 06, 2020 6:00pm
171 Views
Post# 30884666
RE:RE:Under valued or under the radar?
RE:RE:Under valued or under the radar? Since they're a Canadian company, but dont have one of the big grow ops, they definitely fly way under the radar, no one knows about them. I definitely like where they are positioned, selling to the retail customer where the prices will remain high, probably for good.. where as all the growers will see the price per gram continue to plummet over time.. that's the good news..
But I cant really say they are under valued considering the circumstances.. this company is loaded up with so much debt, paying so much in interest, that even the slightest breeze could tip them over into chapter 11. and we are in the middle of hurricane right now! nobody should be shocked if this company goes bankrupt in the next 2-4 months, they'll be just one a thousand others in the same boat..
So there is a lot of upside here, but with that risk haning over their heads (and baked into the stock price), it's hard to say it's way undervalued... I wouldnt go all in on this one, but it might be worth a risky bet if you have the appetite for it