Don’t Focus on Day to Day! For any friends out there needing some advice what to do with Fire.ca.
Strong Buy or Hold if you have positions and are able to.
BMO just bet $25M with options at $.31 and warrants at $.40.
*I once tried to get money from BMO for a profitable business and boy, it's not easy.
They're investment team thoroughly vetted the company and strategy Beena has, and thought they were getting a deal at .$31.
I don't think they care day to day, and neither should you.
Beena CRUSHED earnings!
They supply globally and internationally!
They supply Shoppers Drug Mart & even Tilroy!
They now have $40+M in cash on hand!
I think the stronger position is long, and with the amounts of shorts (why would anyone short a stock at this level? For the potential .27 vs a CRAZY upside run and get clobbered?). And then they complain, it's @Reddit Groups, no, Heddgies, we also like to make money and buy real stocks with real strategies and real cash flow that you aim to try and crush?
Payback is a #%^*+!
Fire.ca will GO UP BIG! Just be patient!