RE:RE:RE:I advise you to buy WEED more serious and real long-term pacer217 wrote: Yeah, Quinlash. NOT taking Traders advice is an OK strategy. I am being a little sarcastic here as he is telling you to SELL your Huydai Pony and to buy a Chrysler K-car
You BOTH could have done better IF you had followed my advice from August when ( posted n the WEED board ) I told Trader etal to SELL WEED and to BUY HITI.
Then HITI was about $3.00 and now it is UP over $3.80 Thats 27% UP
TLRY is now below it's two year price so NIETHER is a good hold . Well if enjoy watching paint dry
stay here!
HITI has a different business model than TLRY, WEED and even ACB. HITI is not a producer of Cannabis, they are retail. It is like comparing a company that produces fabrics to a company that sells shirts. If you wish to compare HITI to another company you will need to find another company that has a similar business model.
I noted this before however the only company that comes close to TLRY in terms of business model, products offered and markets being served is Canopy Growth. Even this is not perfect as TLRY has alchol sales while this is lacking in Canopy.
If you wish to compare TLRY to Canopy then use the data under CGC as TLRY reports in US Dollars and CGC is the US listing for Canopy. You can review Book Value, Earning Per Share (EPS) and Price to Sales Ratio, these three are the ones I would suggest starting with as they provide a good starting point.
ycharts.com is a good resource for seeing trends in data such as EPS and Price to Sales Ratio data and the site itself gives a quick overview as to how each fundamental works and how it can be assessed.
Best Regards
Q
- Long on TLRY