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Bullboard - Stock Discussion Forum HEXO Equities Warrants Exp 2 Apr 2024 T.HEXO.W.A

Hexo Corp. is a Canada-based consumer packaged goods cannabis company. The Company is engaged in cultivating, processing, packaging, and distributing cannabis products to serve the cannabis market. The Company serves the Canadian recreational market with a brand portfolio, including HEXO, Redecan, UP Cannabis, Original Stash, 48North, Trail Mix, Bake Sale and Latitude brands, and the medical... see more

TSX:HEXO.W.A - Post Discussion

HEXO Equities Warrants Exp 2 Apr 2024 > 18 Years for Tesla to Turn a Profit
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Post by quinlash on Aug 03, 2021 7:43am

18 Years for Tesla to Turn a Profit

Telsa is one of the biggest and best known stocks in the world yet it took them 18 years to post a profit, in those 18 years I am sure they had to overcome one hurtle after another, including how to sustain the operation while not being profitable.

Cannabis companies today and not profitable, turn, however IMHO they will still make many early investors fortunes in the coming years.

Link to Tesla Article
https://www.cnn.com/2020/05/13/business/tesla-profit-outlook/index.html

JMHO  

Q
Comment by Rotaluceps on Aug 03, 2021 6:55pm
No, too much competition. Don't compare companies not related. It was Amazon and now it is Tesla. You take two companies and the only comparison you make is that they finally did it. You should compare Hexo to the thousands, also unrelated that didn't make it, and the ones in the cannabis sector that failed. The ones that failed was too much debt, not enough revenue. Your kind needs your ...more  
Comment by VeritasVern on Aug 03, 2021 7:04pm
He's a danger to himself and others!
Comment by Touran77 on Aug 03, 2021 7:09pm
This post has been removed in accordance with Community Policy
Comment by quinlash on Aug 03, 2021 7:28pm
Those who gave up in 2020 likely took a serious hit to their investment accounts.  Those who took advantage of the lower prices added likely moved their averages down substantially.  A number of months later had the opportunity to sell at a profit or take a minimal hit. I stated, ever since day 1, that I invest in stocks with a 3 to 5 year hold time.  That's not for everyone ...more  
Comment by quinlash on Aug 03, 2021 7:34pm
Rotal, We can compare HEXO to Canopy.... .... we can compare HEXO to Tilray... Compare the projected revenue to the sharecount... you know.. price to sales ratios...  Sorry, but that comparison also shows HEXO as drastically under-priced as well with dramatically higher upside than downside How about we compare HEXO to Mac and Cheese ? ... hummm... K-D Q HEXO Price to Sales Ratio Data ...more  
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