Greenlane Renewables Inc T.GRN

the real problem is gross margin

[mingzhu]

it had marigins of last 4 Qs between 25-26%. That makes me hesitate to buy in above $1.

[bmbruce]

the average gross profit percentage for the manufacturing industry falls between 25-35%...you also have to consider the growing backlog of projects that they have together with an industry that is just beginning to take shape with strong support from governments throughout the world..so I would not judge this company solely on their current  GPP which by the way is within the industry average

[SANDMAN1000]

Bruce, Could it be people are still unloading warrents?

[bmbruce]

have no idea about the warrants but if you look at the chart the current downtrend closely resembles the move that happened during the 3rd week of June..

[ace1mccoy]

Just my two cents  I don't believe it's warrant sell off related ....  XBC is the same like TT pointed out. All you can do is hang in. Most micro-caps have taken it on the chin. I think we could see by sometime in the fall a good recovery and not looking back. But who am I , jmho  Glta 

[Zoolou1]

Another day of disaster for GRN (-6.11%). Where is CEO Brad Douville these days? When he was pushing his stock he was all over the news. Maybe he is busy spending the money he made selling his warrants?

[LowtoHigh]

I'm buying more just to average out. It worked out last couple of times I tried it when it dipped this past year. Got to play the game when the CEO is playing you.

[Zoolou1]

I wouldn't buy one single share. Where are all those fantastic contracts that were coming? No substantial news for a long time. Does not look good.

[SANDMAN1000]

maybe there waiting for the next quater release. Doing my DD it seems it should be pretty good so I would probably release some news just prior to the numbers coming out. I think I will average down. The only thing that bothers me is the lack of PR, I know i know who cares, but give us something lol. GLTA!!

[Canadian_101]

Brad is out doing what a CEO should be doing, running his business and not worring about the day to day price valuations of his companies stock, personally I am very please he is not a reactionary manger like a lot of the CEO's you hear from these days, continually pumping and setting future expectations they do not meet, whne Brad does provide an update I am sure it will be a good one, with

[North2004]

Excellent!

[bmbruce]

<br jyho... your opinion stems from the fact that you are a long term investor who believes like me that this company is well positioned in an industry that's an absolute necessity in relation to the climate crisis that the world is now facing... governments will have to act and act swiftly because the public especially the younger generation, will no longer accept the inaction of the past.

[bmbruce]

jyho...Ace.. your opinion stems from the fact that you are a long term investor who believes like me that this company is well positioned in an industry that's an absolute necessity in relation to the climate crisis that the world is now facing... governments will have to act and act swiftly because the public especially the younger generation, will no longer accept the inaction of the past