Hexo Q4 will Surprise!Did a rough calc based on estimated sales, expect Q4 ER to surprise on upside. Assuming my numbers are reasonable (were within $0.5M on Q3), anticipate a price bump on news.
Another caviate, haven't seen, much discussion on effect of post US Election (Nov 3, 2020). Assuming a Biden/ Harris win, how will this affect MJ stocks & Hexo? I anticipate a rush of money (new investors & those on the sidelines) will enter the market and drive the whole cannabis sector, on both sides of the border, significantly higher. Where will Hexo's sh price be then? This new buying, combined with the expected short covering, will result to a "mother of short squeezes" scenario.
Hopefully, all comes to fruition and discussions of a RS will be history! As Quinlash always remind the board, the market will dictate the price.
JMHO