RE:RE:Never be fooled twice by the same coSeanPrice wrote: You pumped hard all week and now write a novel on how bad the company is. This is pretty hilarious!!
Silentbull wrote: Why did Andrew Grieve...
I am guessing that SilentBull bought at 8 cents a month ago and sold yesterday at 13 cents, and now wants to do it all over again. Fair's fair, if my guess is right he made money and good for him/her. That's a 62.5% profit and I can't blame him/her for wanting to do it again.
I personally think this morning was oversold on a good Q2, and given all the negative points SilentBull pointed out, I think ZENA shares at this price is a bargain. I expected Cannabis segment net revenue of at least $12.6-million as was Q1 2020, so the 6.4 per cent decrease to $11.8-million was the only thing that surprised me, but we are only talking 6.4 per cent in a quarter, and given the COVID-19 lockdown, that makes sense.
If one were to get in now at 11 cents and get out at 17.5 cents, that would be about the same 62.5% profit as getting in at 8 and selling at 13.