RE:RE:RE:RE:RE:RE:RE:FladI hear you....but this stock and pretty well all others aren't going to or shouldn't at least, trade on fundamentals, at least not yet. Although LABs seems like it's one of few that do.
No doubt all involved still have a$$ hurt from Q3....Q4 may not be better but I can't see it being worse...but that's what we thought Q3...hahaha.
I gotta believe that we're pretty much middling down at the base now and it's only up from here. How quick and how far, that's the million dollar question. Not happy nor impressed with where the SP ended up, but still very impressed with all of the deals and positive movement the world over to set them up for possible success; garbage financing nothwithstanding.
Tons of shyte can still pull the rug out, but they've done alot of things right...we can only hope that pays off in the medium term. We'll see where this much hyped international update goes.....I would be stunned that they would reference something like that only to put it out there with it being a dud....could be they're holding off until Stada takes delivery, or the germans finally got off their a$$ and certify the Barrie plant....
Lemoyne wrote: OGI is wayyyy overvalued, most probably getting squeezed.
What I mean is valuation relative to numbers at hand and the trend over the past year.
Q4 revenues and local and intl progress are not inked in, and I doubt we will see a 200% increase in revenues corresponding to the 200% increase in units shipped. If we do, LABS will skyrocket, regardless of writedowns. But we got f*cked so hard in Q3, I have doubts about Q4 and am conservative for 2021.
And you see I'm not the only one thinking a buck is too much even with all the momentum. it barely touched 1.00.
I do feel a good intl update or rockstar CEO could justify a hike above 1$, but otherwise, it's very high risk trading above 1.