RE:This stock is worth so much more
i love your enthusiasm, and i love Tilt, but unfortunately they really missed the mark in my opinion. We were all expecting 38mil on the low end from vape crisis. 30% down from Q3 will have a short term impact on price and definitely a good buying opportunity for us longs. But i think we will see an unrealistic pull back the next few trading days due to the huge run pre earnings. Tilt touched 0.15 CAD in march and touched 0.80 CAD at the top of the run. That is over 500% gain for some lucky investors. Lower then expected ER during a market covid sell off today after a 500% run is a recipe for panic selling out the gates. I hope im wrong and will be putting in some low ball bids over the next week but as a long term Tilt investor, there is no way to sugarcoat how the market will likely react. On the yahoo boards, many many new names showed up in the past two weeks. Earnings investors most likely who will probably dump in a panic. But for the long term investors, we knew vape epidemic was beyond their control and a one time event. Jupiter is supplying many big name LPs out there. 32 mil is no joke when compared to many of the others in the sector. Regardless of today's earnings i feel like we should be $5.00 or more looking ahead. Still extremely undervalued.