GREY:GGTTF - Post by User
Post by
Vroom2017on Feb 03, 2021 10:38pm
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Post# 32467157
Who to believe here?
Who to believe here? You have the bears saying it's going back to 14 cents with no reason as to why (the sector is hot right now so... no that isn't happening. You have a CEO who is opting out of taking a salary to pay down debt. You have a severely undercut company that is cash positive, and has only grown while it stayed under the radar. Not to mention the CEO has bought all the way down and back again.
The cannabis sector is red hot right now and it wouldn't take much for this to go to a buck within a couple weeks time.
Bulls, you all said going to 50 cents, well there was some clear shorting going on here. So unless you're putting your money where your mouth is...
The only drawback was the license revokation in BC. Not a big deal, they will just have to reapply, but they do have a number of licensed facilities so there's no issue with cash flow.