RE:RE:RE:This stock is frustrating While I'm sure there are many of us who have shared the same frustration on any given day, I emplore you to look back on your own posts for some semblance of hope.
We may have underpreformed relative to peers in the sector, but you know as well as I do that has nothing to do with actual fundamentals here. The S/p has languished due to manipulation by some naked shorts, as you know, that is beyond the companies control, if you ask me, they've been actively working to remedy that (by paying off the debs) IMO.
Our time to shine is nearing. We've barely been at full capacity for a few months, and frankly will only be at full capacity with our outdoor this year. We're undervalued, and thats plain to see. While Covid may have thrown a wrench in some of our non-core plans (Clinics, Education, ect) Its certainly allowed us to re-focus on other area's and allowed us to play catch up in regards to distribution and other areas.
2021 is the year of M&A if you ask me. And the majors have already snapped up alot of the low hanging fruit. The rest is near the top, or rotten and on the ground. And at 0.10 CPG outdoor we can blow the titts off the competition selling wholesale at 0.86, even though as you eluded, I think thats old product. I can see our prices being far better than that.
In regards to M&A here, I dont think the big boys will like the price tag if they wait until the plants are in the ground. But frankly, I think they know that.
We all have those days. Fret not. You've invested here for a reason, and I would be willing to bet those reasons have not changed, regardless of a penny here or there.
sthinei wrote:
Actually I have been investested in Aleaf for 3 years now but the first stab was just with about $10k. Waited all this time and inested about 8X that amount in the .50 range in late 2020. So I do not think I have been impatient. I think this a great window for them and I just hope it is not wasted with any mis steps or delays. As I said I dont invest in a penny stock in the sector to get worse performance that I could have had if I had stuck with a bigger better capitalzed name than by their very nature is less risky. I knew there were inherent risks going with one of these smaller names and to be honest with you I am somewat disapponted but remain hopeful and constructive.