GREY:ALEAF - Post by User
Comment by
TheSargeNKlensXon Apr 20, 2020 7:42pm
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Post# 30932098
RE:RE:RE:Emerald (emh)
RE:RE:RE:Emerald (emh)Oilspecs wrote: Oilspecs wrote: Investor1234567 wrote: Hi I m long with alef I loaded 40k yesterday but I wanna add some EMH what's ur opinion ( oilspecs ) or anyone expert in the board. What u think ????thanks
I made good money on EMH way back but lost majority of it and dumped it in the $4.00 range. They had a great plan when they announced their 50/50 with PSF, but never ended up doing anything till just the middle of last year. They plan to keep expanding while other companies like WEED are downsizing which makes me wonder....are they short a couple eggs of a dozen? The whole Ponzi scheme or whatever it was with their previous extractor Abbatis, and now they are using Valens instead of buying their own super critical Co2 extractors and doing it in house? So many red flags there that I will not get into. They are issuing many options at these low prices.....makes you want to go buy rope at HDepot. I am very happy to not own a single share in them. The thing that people need to remember is that the price of flower/oil/crude will not go up in the future, it will continue to go lower. These idiot companies keep expanding which will only drive the price lower and lower. By idiots, I mean the ones that are growing indoors and in green houses. The lowest CPG they can possibly get to ever will be around the $1 range, and most are still growing above $1.40-$2+ CPG. Then these genius growers are getting a 3rd party extractor like Medipharm to come in and extract (minimum contracts of 10,000kg/year) paying in most cases 30% margin. After all that they have to pay the tax! https://www.tradingview.com/x/2sUroBIu/ https://www.tradingview.com/x/Pw2rfxJh/ Basically if you go long, use .11 as your stop. I would stay away from them, maybe invest in someone that is growing at .10 CPG instead and put your SL at .30. ALEFLONG
This company reminds me of when I was younger and had to do math equations for school. Company A produces 100,000kg of marijuana outdoors and has a thc level of between 15-25% in their plants at a cost per gram of .10. Company B produces 100,000kg of marijuana indoors and has a thc level of between 15-25% in their plants at a cost per gram of $1.47. Which company will make more money for that given year? The price per gram will continue to go lower. Companies can not make it at these price points....what will they do in the coming months when the price is lower than their production costs? There is a market for premium flower although in the end the equation above will always trump any argument you will have. This is even more of a disruptor when you factor in the extraction expansion that is already complete awaiting lic approval. Even at wholesale pricing of lets say $2, Aleafia gross 1900+%. Aphria stated they are growing at $1.47 cost per gram. They would gross just over 25%. IF Aleafia can get their expansion permitted then this will be the year of the dog and not the bat? Too soon? I guess we will find out in the coming weeks........ALEFLONG
Thata-boy Sir Specs. It's always a pleasure. One Love!!!