Post by
quinlash on May 12, 2021 2:59pm
Shareprice vs. Value
Shareprice has performed well in all of 2020 with it still trending over twice it's value from back in 2020 when HEXO had little choice but to consolidate the shares in order to maintain their NYSE listing requirements. If we compare the SP to the value provided to investors based on the dollar amount of sales we can see that HEXO trades at a deep discount to it's peers in the industry.
Yes, the shareprice pulled back today while the rest of the sector did exactly the same thing so this is not a big surprise. The pullback on the price of HEXO shares leaves the stockprice exactly where it has been trending in all of 2021... deeply discounted to comparible companies.
Volume is low, IMHO it shows little panic within current HEXO shareholders despite some folks on stock forums doing their best to try and instill a sense of dreed or dispair.
Personally I am looking forward to hearing more about HEXO's expansion plans into the United States as well as any additional M&A deals pending. I am also expecting the Zenabis vote to go in favor for HEXO and, ironically, the joining of the two companies resulting in an even more deeply discounted shareprice of the larger organization
Long on HEXO
Q
Comment by
Cashmoneycashdo on May 12, 2021 3:15pm
Ok and we dropped 15% the laet 2 days Ya really good hu ! come on man this is a fcuken shte show
Comment by
Touran77 on May 12, 2021 3:17pm
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Comment by
quinlash on May 12, 2021 3:27pm
If you bought on the high 2 days ago and your total time to remain invested was 2 days then yes, you are down. I would not suggest anyone invest with a timeline as short as 2 days, 1 year bare minimum, 3 to 5 is better JMHO Q
Comment by
Touran77 on May 12, 2021 3:36pm
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Comment by
Cashmoneycashdo on May 12, 2021 4:00pm
No no no buddy boy its down 50 % we were just at $14 this entire mj market is totally minipulated to steal retail investors money and i cant get out now you got no idea !
Comment by
Touran77 on May 12, 2021 4:04pm
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Comment by
Touran77 on May 12, 2021 7:13pm
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Comment by
Touran77 on May 12, 2021 6:55pm
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