RE:Overvalued? lol please!the shorters are out full force! popping out of the bushes, creating accounts, working overtime.
Look to be honest we cannot predict the future of HEXO. But as an investor i see shipments to Israel starting, edibles coming online, earnings around the corner with record sales in May only to be topped in June, and of course finally those TRUSS drinks are hitting the shelves.
Now will all these propel HEXO again, i have no idea. But is it a time to short or dump HEXO, ummmmm i would guess no.
I am willing to bet by next earnings the stock price will be higher than today, what happens betweem now and November with covid and elections, well that nobody can predict.
good luck everyone!