GREY:ALEAF - Post by User
Comment by
sincitywizardon Nov 08, 2020 7:06pm
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Post# 31860099
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Miamirules - Mr.AMG7
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Miamirules - Mr.AMG7Patience is the key to this company and their share price. Patience is composure, and you sir, are not acting composed.
Since Q2 earnings were announced on August 12th, IR has sent out press releases on Aug.21st, Sept.1st, Sept. 9th, Sept.29th, Oct.29th, and Nov.6th. When there is real news to report they do. This is not a pump and dump company that releases BS every day. Earnings are what will drive the share price up.
The share price has not fluctuated much since September in either direction, so not sure what you are complaining about in regards to your ability to convince others to invest in Aleafia in September. Share price has been trending sideways if not up, depending on the date purchased.
It's only been several weeks for your friends/clients who "invested". Are they investors or short-term speculators?
Many of us on this board have been investing in Aleafia or Emblem for just as long as you, if not longer. Do us all a favor and chill out and stop posting non-stop everyday. We all get that you are "concerned".
If you really are so concerned, call in and ask an intelligent question or two on the conference call this coming week. I'd love to hear management's answers to your questions.
Would I like to see more product rolled out and at a faster pace? Yes, I think we all would. Do I understand that we are in the early innings of this ballgame? Yes I do.
Do I think that Q3 will be profitable? We will know in a few days. I'm not expecting anything earth shattering, however, we may get surpised due to the company's execution.
Q4 is the earnings report I am more interested in. And then Q1 of 2021.
I think that they will be able to pay off debt due in February as they have cash on hand, Aphria shares and they have TENS OF THOUSANDS KILLOGRAMS of low-cost high-grade cannabis to sell at better margins.
Aleafia is one of the lowest cost producers. They can produce a lot of vape cartridges on the harvest they just had; and vapes really do have incredible margins. They can blow those vapes out at lower prices than anyone else and still make boat loads of money.
GLTA,
The Wiz