RE:Thanks Stocksonlygoup . . .And did you really calculate a share price prediction, or did you guess a random number lower than the SP was at the time and then got lucky? Studies have shown time and again that even the pros are unable to consistently predict share prices over the short term. So please, share with the class your so called "calculations".
I think 35 cents is possible if they post an unexpected loss due to say another unexpected write down of inventory. Or if bad news hit the weed sector I could see us dropping with the others. Or a recession in the TSX in general given how much it is up. Thing is you have no way of knowing things like this, so you're obviously just guessing and trying to pass it off as skill, which makes you a poser.
Personally I'm bullish, long term, so I could care less if they go down to .35 as long as the balance sheet keeps improving. People wanna give their shares away, I'll take more. I picked up a few more again yesterday, because I think they're more likey to turn profitable with the big boost in revenue. That's may guess, and unlike you at least I'm honest enough to admit it's just my personal guess.
Canadaforoil wrote: I guess when you only post on one board you get to be an expert, like yourself. I was the only one willing to calculate a future SP and was first correct at $.47 and will be correct when they hit $.35 after posting a net loss in August. I guess I am still learning. This company will take three years to get back to $1 unless there is a reverse split that would take place.