Post by
Greede on May 22, 2020 2:46pm
This 'rise' seems to me, opp for people to exit
The fundamentals of this company does not support the unusual optimism here.
All their rev just went out the window, the MAIN reason most of us owned EAT.
You look at GLH and they're actually making money. Both companies have massive amounts of outstanding shares but one (GLH) is growing rev, decreasing costs and moving toward cash flow positive. EAT has lost virtually all it's revenue and suddenly on the rise? I'm not putting much optimism into this ol dog.
Comment by
smartinvestor9 on May 22, 2020 3:04pm
Um we are going to get into the Colorado market (1 billion dollar market) through Palo Verde which is generating revenue and probably profitable. Once we sell calyx we will have enough cash to relaunch in California and Washington. So this whole notion of throwing revenue out the door will end with us aquiring Palo Verde.
Comment by
mooresy on May 22, 2020 3:07pm
Greede.......Hope you can get out even or close to even. I know there aren’t many who are up on this stock and still holding. Unless they just bought in the last two weeks. Still so frustrated with this company. They had it all but can’t organize anything. Now they have next to nothing.
Comment by
letsflythis on May 25, 2020 9:06am
greede is a poor sport ! jumps ship when the water gets a little rough !! poor baby greede LOL HAHAHA
Comment by
Greede on May 25, 2020 10:36am
Oh I still own some - but one cannot help but be looking at what's happening with a skewed view.