RE:RE:RE:RE:RE:RE:RE:RE:RE:beverage sales expected to decline...Touran77 wrote: VeritasVern wrote: Touran77 wrote: VeritasVern wrote: Touran77 wrote: Touran77 wrote: VeritasVern wrote: Fastvinny wrote: Lol Vern.. are you serious ? Is this the best you can do ? All of the sudden you are a business analyst ? Man o man ...get real.
umm in case you weren't aware, news has been reporting that sales of booze at venders and liquor commission have increased because - like me for the past year I have been drinking at home 99% of the time. It is the booze for home sales that drive Molson/hexo beverages because that is where they are avail.
Once things open up I will spend a much greater percent of my money at bars, restaurants which mostly don't carry Molo or whatever. So I will spend more at bars and less at the liquor commissions. That is likely to pan out in the next month or so going forward for a lot of people... I think it is sound logic, if you can't follow then stick to what you are good at and go make me a pepperoni pizza greaseball. We will see in 2-3 months how this pans out.
This kind of make sense.
But you need to take into consideration few other things.
1. People are drinking a lot more in summer time. People going to beaches, fires outside, camping etc. All good occasion for Truss beverages.
2. A lot more people are discovering cannabis beverages as time goes by.
3. Don't know about other provinces, but in QC still a lot of restrictions in bar and me and my friends are just avoiding them for now, being stucked at a table is not very fun.
I call a 20% increase in beverage sales for the next Q, what is your call Verny :)?
Tonto
Trying again :)
Next quarter includes the lockdown period so it wouldn't be reduced based on what I said. What I am refering to is sales data when all restrictions are lifted and bars/resaurants are at full capacity again. 20% next quarter sure perhaps, you recommend buying based on that development then? You can now get Hexo for $7 bucks, cheap, cheap as those on here say, the market hasn't figured that out yet but everyone on the this board is convinced.Actually they were saying cheap at $8-9 right snotbubbler...
You know pretty well that at 8.50-9$ I was calling that my target was 7$.
Which I did buy and even added on daily oversold and went back to 9$ in couple of weeks. Great swing right?!
2 months ago I said that we probably established a new bottom on daily oversold at 6.34$, holding 7$ after a bad quarter was another sign in favor of that new bottom.
Everyone can look at our history why are you lying?
Once it is 100% back to normal, they will also work on regs to have those drinks in bar and lounge.
You don't like Hexo, that is fine, but please explain why you are here :p.
Tonto
T-Q, perhaps you have made some money at swing trading, good for you, so do I. I am specifically speaking about the others on here that are self proclaimed long-strong bagholders of Hexo that add at all levels and usually they are buy at the wrong time like $14 when they think $20 is days to a week away.
Verny, we were at 14$ for like 5 minutes....
We were between 2 and 3.20 for almost 6 months, why do you think they bought at 14$?
For anyone that bought in 2020 you are just the dumbest person on the board. You clearly have the medal for the worst prediction too (calling 2$ and went up to 14$, 7X your predicition).
Let people do their trades since you clearly don't understand the game and give us a break :p.
Blow me transqueen. I have been correct most of the time but hey you are batting 100% right?? you should be with the largest investment firms in New York making millions with your predictions. The idiots are the pumpers on here, Why dont you ever call them out when at $10-14 they are calling for $25-50-100? You reply to my every post, I live in your head is seems....haha