RE:RE:RE:People keep talking about analysts.. not to mention it's based on historical data , forward thinking yes but the next two reports will change those projections significantly as they reach their EBITDA positivel goals. When they report Oct 23/2020 and SP runs up they will have the 30 days they require before the NYSE Dec 16/2020 deadline so an equally good chance there will not be a RS. Only needs to hit/hold $1.32 ...the 52 week high is $6.13.... IMO it will get to $1.32 sooner rather than later , summer buying and selling season is officially over Sept 22. ..that's when the fun starts!
CougerMilk wrote:
Unless the analyst provides a price target, the buy/sell/hold recommendations are all relatively meaningless. Especially for a company growing over 100% YOY and verging on +EBITDA. Currently analyst caution re Hexo is symolic: the share price is so low, could lead to reverse split, etc.