RE:HEXO has the best foundation in Canadaridingrockets wrote:
Rome wasn't built in a day. Why care about daily/weekly fluctuations. If you have been following this company and opted to invest you did so for a reason. Sit back and watch it grow. None of the 'big' players have laid a stronger foundation in their appropriate market, Canada. HEXO either matches or beats their competitors in mid to lower tiered priced flower products and that makes up for a large percentage of the daily consumers. They also make the best beverages, ones that are not just drinkable but tasty (most bevs are gross). Couple that with the financial headwinds so many people have faced due to Covid, such as restaurant staff, saving a few dollars on a consumable product is and will be a thing for a while to come. With their past poor ER some results are whats needed for these guys. Recent acquisitions plus if their words re poor product (hash in particular) last quarter has been remedied they ought to show the bump required. Maybe you can buy more lower? I'll rely on patience and trust in my decision to invest with HEXO vs the other big guys....
Why not just buy shares in a profitable company and move on from Hexo?