TSX:HEXO.W.A - Post by User
Comment by
quinlashon Aug 03, 2021 7:28pm
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Post# 33646373
RE:RE:RE:RE:18 Years for Tesla to Turn a Profit
RE:RE:RE:RE:18 Years for Tesla to Turn a ProfitTouran77 wrote: VeritasVern wrote: Rotaluceps wrote: quinlash wrote: Telsa is one of the biggest and best known stocks in the world yet it took them 18 years to post a profit, in those 18 years I am sure they had to overcome one hurtle after another, including how to sustain the operation while not being profitable.
Cannabis companies today and not profitable, turn, however IMHO they will still make many early investors fortunes in the coming years.
Link to Tesla Article
https://www.cnn.com/2020/05/13/business/tesla-profit-outlook/index.html
JMHO
Q
No, too much competition. Don't compare companies not related. It was Amazon and now it is Tesla. You take two companies and the only comparison you make is that they finally did it. You should compare Hexo to the thousands, also unrelated that didn't make it, and the ones in the cannabis sector that failed. The ones that failed was too much debt, not enough revenue. Your kind needs your brain to be deprogrammed.
He's a danger to himself and others!
Since I'm here in May 2020, the ones who listened to Quin saw the SP go up from 2.80 (0.70 pre RS) to 14. If they didn't take any profits, they would still be close to 80% up.
The ones who listened to you sold at 3.20 in October on your prediction that it would go down to 2$,
Sounds like Verny you are more of a danger to others than Quin :).
Tonto
Those who gave up in 2020 likely took a serious hit to their investment accounts. Those who took advantage of the lower prices added likely moved their averages down substantially. A number of months later had the opportunity to sell at a profit or take a minimal hit.
I stated, ever since day 1, that I invest in stocks with a 3 to 5 year hold time. That's not for everyone but it's how I trade as it allows time for a stock to recover if something shakes the market (eg Covid in 2020), those who took up short positions in 2020... well.. frankly I think they were more short on research into the company and how the markets work than clever with their trades.
JMHO
Q