Post by
NoRiskNoReward on Apr 13, 2021 11:39am
Labs will become king
Just acquired 250k shares at an average price of $.50
I can't wait until Q1 2022 . My time machine predicts $4 a share. Lol
Good luck everyone!
Comment by
Righttothetop on Apr 13, 2021 1:04pm
Does your time machine predict when $4 will happen?!? lol Good price to get in at....you'll make some money. I'm of the unfortunate breed that got in too early....if I had more to spend, I'd buy in now as well.
Comment by
NoRiskNoReward on Apr 13, 2021 1:40pm
If labs can produce a minimum 25% growth quarter over quarter in 2021 with these contracts they keep signing. I could see the share price getting to $3 spring 2022. Once that happens management will get us listed on the Nasdaq, which will bring in new money. So I predict $4 by summer 2022 . cheers!
Comment by
flad101 on Apr 13, 2021 5:52pm
They will need to pump out a lot more than 25% growth quarter over quarter This share was 4 buck when they had 100 mil revenues and half the amount of shares outstanding so figure they need about 200 mil and good eps to hit those numbers . I think you dreaming if you think that will happen by next year
Comment by
NoRiskNoReward on Apr 14, 2021 9:16am
Yes 100% fulfillment is everything. That's why management has taken matters in their own hands, and created Northbound. We now have the top two spots on ocs.ca for vape cartridges. 99% of consumers care about two things - THC or CBD level and price. Management nailed both. 2021 should paint us a new picture.
Comment by
lscfa on Apr 14, 2021 11:09am
Northbound now in BC, Alta, Ont on line govt stores
Comment by
Pachuko on Apr 14, 2021 10:18am
So what do you see as a reasonable number over the next few quarters with the business they have already lined up and the potential further deals coming. share price targets for 3 months, 6 months and 1 year?
Comment by
Redwine12345 on Apr 15, 2021 2:33pm
Does share price of Valance give any hint?
Comment by
Lemoyne on Apr 14, 2021 8:44pm
I also believe most of the old inventory is sold off. But if there is some remaining, gross margins will take a hit--> Another three months of flat/ negative movement before next earnings... Just saying this out loud because it is possible, they could have a last write off... All of their old inventory is on sale, units not selling ie some wayfarer carts might get written off.
Comment by
lscfa on Apr 14, 2021 11:33pm
Analysts asked in CC if inventory valuation was now good and co. said yes.
Comment by
GustheGreek on Apr 16, 2021 12:04pm
Good luck with that, you'll get caught with your pants down and bent over. I HATE SHORTERS, they're the scum of the earth, and I LOVE IT when they get caught holding the bag!!!