GREY:ALEAF - Post by User
Comment by
Toweringmarson Dec 16, 2021 3:45pm
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Post# 34238234
RE:RE:RE:This stock is on fire...
RE:RE:RE:This stock is on fire...Cool story
Tan4646 wrote: for the life of me I can not see how this is worth the risk even at 11 cents. They have just enough cash and inventory to barely pay operating costs and current debt obligations. Then what? It needs to issue debt or shares just to put a crop in the ground and then hope it can cover its costs,
One slip and bust. secured lenders can pick the carcass but share holders get left holding the bag. Need lower share price than this to buy with this risk. Much lower.
nothing but farmers