Post by
59SUNBURST on May 16, 2022 12:08pm
Black Cloud lingers on
Mommy,why are we living in a cardboard box.Is it because Daddy invested our money in 1933
Comment by
jfogarty12 on May 16, 2022 1:08pm
Better yet has anyone seen a Company's shares bounce back from being down to .03 cents?
Comment by
AndreLemartin on May 16, 2022 1:38pm
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Comment by
deet on May 16, 2022 10:13pm
It ain't gonna be easy. But check out RTI, LFST, Hexo, WEED, ACB, Tilray, Cronos...and the list goes on an on. All have been decimated over the past couple of years. Is there a weed stock that has actually gained in price? I don't know of any. Don't know what to make of it.
Comment by
jfogarty12 on May 17, 2022 10:36am
Check the adjusted income for all of these -- None are doing very well at all: https://www.newcannabisventures.com/cannabis-company-revenue-ranking/
Comment by
CAinPlap on May 17, 2022 11:04am
The question is will any of them ever recover? Death by a thousand cuts or rip off bandaid and redeploy funds elsewhere?
Comment by
ALWAYSFRIDAY on May 18, 2022 6:02am
At the very least there won't be more dilution from that proposed LOI. A market cap of 13.5 million at this stock price is crazy, the facility in Vegas alone is almost that price.
Comment by
deet on May 18, 2022 8:30am
But where? Supply chain issues....rising energy prices....are affecting the entire economy. I've been asking the same question, by the way. Right now oil companies are doing very well. I mean...check out ATH. Made some money on that stock but kicking myself now for selling far too soon. Didn't think oil prices would continue to climb despite a slowing global economy.