PINL:HERTF - Post by User
Comment by
inviolablspiriton Jul 08, 2022 11:56am
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Post# 34811123
RE:RE:RE:Interesting tidbit on monthly progress report
RE:RE:RE:Interesting tidbit on monthly progress reportRODBUSTER wrote: Could happen.....they doing all the right moves
https://www.businesswire.com/news/home/20220511005617/en/Heritage-Cannabis-Announces-Corporate-Update-and-Highlights-Significant-Sales-Growth-Market-Share-and-Growing-Distribution
"Could" happan, no I think it WILL happen. They are a cash flow/EBITDA positive company. It's inevitable that this stock climbs. If an investor is looking at cannabis companies to invest in, do you pick companies that continue to hemmorage cash or look at the ones with positive cash flow? And at the current price, how could one not like this stock. Like I said, I don't think it remains below five for much longer. We keep creeping up and soon we'll be trading between five cents and six cents. Even at those prices it's still a bargin in my opinion. Especially when we will be back in the double digits.