RE:RE:RE:RE:Hexo down a bag-pounding 4.1% so farWhen the shares start trading at a comparable ratio to others in the sector we are going to see better prices than anything we seen in 2021, that's at the low end of the ratios, when we see US Legalization we may be getting back to the higher ratios, similar to those in 2019, that will produce stunning prices.
HEXO is going to be around for all of that and will be posting sales figures combined with their acquistion companies in the meantime.
- Long on HEXO
Q
CanadianKia wrote: I would take this company right now at $6 with their future revenues vs the old company that was nowhere close to the revenue they will have.
I have bought sporatically at different prices, even 8 bucks and i have no worries about making money off of this company. It might not be tomorrow, but i have no worries at all.
if someone bought at 40 with teh crazy evaluations and p/s ratios, they were nuts. the P/S is super low. their revenues will be just as big as the other big players and they have long term deals with top companies. what else are you lookinng for?!!?
im happy with my investment.
VeritasVern wrote: CanadianKia wrote: You must be the guy that held from 40 to 6.
for the rest of us that bought in as new investors recently, this is going to make us a lot of money. This is not the same company that was trading at 40 bucks and had nothing to show for it, just like all the other cannibas companies.
VeritasVern wrote: In addition to the negative 3.4% yesterday. ouch, big traders giving the rinky-dlnk small investors a lesson and a kick square in the bag.
No, I was the guy telling investors to get OUT when it was 40 bucks all the way down, down down to $2. Between the debt inherited from recent aquisitions and the writedowns associated with, stale, low-grade pot, sold at discounts, the market thinks this company will have a big, big hill to climb if they every make it. eom