Post by
Chefboy69 on Mar 02, 2021 12:36pm
i get that there a lot of hurt buts
i have taken some losses in the weed sector
but LABS is undervalued now
take your emotion out of the game
good luck all
Comment by
mixwhale on Mar 02, 2021 1:58pm
Looks like they kicked current shareholders to the curb on this one. I'm out. Will they even get this placement subscribed? It reads like they're circling the drain here, then financials are coming up on March 25. Yikes.
Comment by
moneymachine88 on Mar 02, 2021 2:21pm
i'm lucky I got out when I heard rumors. I usually buy this stock when it drops 10cents but I think i will pass this time. Something smells rotten.
Comment by
mixwhale on Mar 02, 2021 4:52pm
Yeah. This was one of my worst picks ever. I've been trading pot stocks since the beginning of the craze. I didn't check them out enough. Stupid is what stupid does. Ouch.
Comment by
greendayyyy on Mar 02, 2021 5:16pm
When we compare ourselves we console ourselves. OGI net loss in the first quarter of 34.3 million and (0.17) per share. Price 4.05 and around 240 million shares. Potentially is this a better company than LABS I don't think. All cannabis companies have negative results and all have problems. I'm just trying to find a little positive.
Comment by
flad101 on Mar 02, 2021 2:31pm
They will blow the cash in no time. Issue more shares until there's around 500 million shares. And then a reverse split. It's coming.
Comment by
KTMFan387 on Mar 02, 2021 2:32pm
Let us know when you start to short again Flad. Thanks
Comment by
Righttothetop on Mar 02, 2021 2:39pm
At one point I would have laughed in your face if you suggested a RS, but not it's possible....not probable just yet IMO, but certainly now in the realm of possibility.