Biome Grow Inc C.BIO

Insane gift

[Odelay]

The current valuation of this company is truly insane. I can't stop buying shares, even though I know that I am still in a losing battle at the moment with the fund that is crashing us down. I know once they have decided it is the bottom, the share price will climb to more realistically match the company's actual performance. 

Q4 earnings will certainly show increased sales, and hopefully that will be our catalyst. It has been a long wait, but it will pay off in a big way. This is one of the few companies actually worth an investment in this sector. 

Sucks atm though, for sure.

[Benedictus]

Odelay, what valuation metrics are you using to qualify your statement? The reason I ask is because this entire sector has been undergoing a radical re-valuation as expectations have been cut across the board. I’m still a believer in what Khurram is building but with current capital constraints - that may limit his growth plan timetable considerably. IMO, Best case scenario is that biome is

[Odelay]

I am long on this, and the context of my post is that the bearish shadow over the sector is not relevant in the long term. Many companies will disappear, but the ones that survive will not remain at 1x, as that is not normal in any sector. I have kept in contact with Khurram throughout, and I believe he has conducted things in a way that will get the company through this rough patch and eventually

[Benedictus]

Nice post Odelay, succinct summary of the overall merits here, which I don’t dispute. The market is giving zero valuation to potential at this point and a forward psr of 1 values biome as a very thin margin company, which it obviously is not. 2020 results may indeed change market opinion considerably. 

[frenchirish]

I AM CALLING THE BOTTOM !! i have a couple of friends that work in  disspensaries in nb and ns and they tell me that All shipments of BIOME products have been well received and have typically been selling out within a few days. high THC products are in high demand......they have one called EASTCOAST DANK that is a whopping 28% thc..... because quebec and alberta have decided not to sell