RE:Amazon A company's shareprice can be / or go, very high while the company itself is not profitable. Pretty much the entire Cannabis sector is not profitable at the moment however some are moving towards that target faster than others.
Folks focusing on debt and losses are missing the big picture and that is the size and scale of the Cannabis sector and that certain companies are positioned better than others to come out on top, my pick for that is HEXO, solid 100% IMHO
Amazon is a great example however here's another one
Tesla Posts 1st Profit But Loses Money https://thenextweb.com/news/tesla-posts-first-annual-profit-still-loses-862m
IMHO...
DO NOT EVER sell HEXO shares at a loss
Q
STAY STRONG, STAY LONG BigplayerHexo wrote: It took Amazon 9 1/4 years to break even , imagine the Bashing that went on there, probably the same drivel that is going on here right now
Weed has been legal less than 3 years
Now is the time to buy Hexo and in 6 years or less you will have made an incredible return on your investment... and these basher clowns will still be bashing for pennies
Psychology of investing is simple....buy when there is panic selling and sell when there is panic buying. People please don't get this backwards, we will run out of sellers and this SP will go back up hard , be there when it does
If you sell Hexo tomorrow at a loss the person or institution that buys your shares will make a lot of money and you get fu-ked
Diamond Hands