Good or Bad volume and price over last couple of days?So other than they person from Scotia who was desperate to get rid of 120k shares....you could see them lower their ask desperately from 3pm until they sold them for less then what they had been asking for all day......the stock has stayed pretty stable at the 24 cents.
Doesn't look like anyone is scrambling to cover a short as when was the last chance to have shorted the stock above 24 cents, over 6 weeks ago.........and optimal covering would have been at when it went down to 16 cents.
Hopefully we start to see actual investors in the next couple of days who know you can make some money short term as well as for the rest of the year with TILT.
As I look at financials for the Q4 it ranges based on revenue, as well as change in biological assets, and depending on how much lower interest expense was. I am assuming there is no more share compensation to report?
We could range anywhere from a 5 million loss for the quarter to a 5 million profit. (5 million loss is due to depreciation pretty much) Regardless I think adjusted EBITDA will take us to being positive.
What I like about TILT compared to so many other companies i have researched in the sector is that their admin., payroll, professional fees, market and advert. expenses are not excessive. These are the actual expenses that are using CASH, and they have those under control. Good things are coming for 2020 as many have stated, this is one of the most undervalued stock just on sheer market cap compared to revenue.