GREY:FLWPF - Post by User
Comment by
biker222on May 21, 2021 12:30pm
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Post# 33248267
RE:RE:AMAZING!! As I posted after FLWR reported financials last
RE:RE:AMAZING!! As I posted after FLWR reported financials last I wish i shared your optimism...as this would be a nice 4-6 bagger from this point...but i dont see it valuation wise. They are saying they are undergoing a strategic review. ( code for shopping company) aka 48 north deal with Hexo. Risk is flwr shareholders get taken out in share for share exchange with say, 20% market premium. Then you ride a blue chip ride. Looks like dead money for awhile....maybe tax loss opportunity in november. Its a shame to see so many dreams on "price to perfection " IPO and momentum promotion before the industry collapsed due to excess supply. With Mexico getting into the game.....how can first world productoin be competitve .