RE:RE:RE:RE:All things considered .... could actually hit 8 cents.Sharples didn't provide "guidance" because he isn't a fool. Sharples is keenly aware that various groups such as PI (an institutional example) and Stockguru/of every year (an example of a seasoned retail pumper) have created expectations early on and have had to revise their outlooks repeatedly based on the information that seemingly changes on a weekly basis if not daily.
Expectations ..... those as I see it ...... are the extremely rosie projections that were being thrown around when hype drowned out the reality of the changing landscape.
Professional players have demoralized the vast majority of Heritage investors and will continue to do so for the foreseeable future. The vast majority of Heritage investors are retail ....... just look at their deck.
I have no doubt that Sharples will sustain a viable business but operating a viable business and having that translate into an appreciating share price takes a number ingredients complemeting each other.
If professional players have their way ..... they will drift this down to 8 cents and at an opportune time reverse the trajectory but they don't have to take it as far as so many bagholders would like to make money ....... down to 8 cents and back to 15 cents ..... it's a good play for them. Retail is pretty exhausted right now ....... being demoralized can do that to you and their powder has all but dried up ...... a perfect storm for professional players to smash this down again.
Just my thoughts ...... we shall all see how it plays out. All I know is Senger was selling again ...... the timing quite astonishing. You might argue that is was a tiny portion of her overall holdings ..... and if that's the biscuit you want to chew on ...... have at it.
inviolablspirit wrote: I'm curious, what are these expectations that Heritage simply can't meet? Can you provide us with some numbers?
Clint has not provided any numbers or guidance for 2020. He clearly stated that he would not provide any financial guidance until 2021; once they can get a better grip of how the World will exit COVID-19 and once he sees how well the products sell. Any guidance at this point in time would be irresponsible.
So I repeat, what are these expectations that Heritage simply can't meet, because you seem to have information that Clint doesn't have. Clint is just simply excited about the product that they have produced. High quality, low price. It's a wait and see game.
So if they sell ten vape cartridges do they meet your impossible expectations or do they need to sell 50 billion vape cartridges? What's your expectation???? Give us some numbers.