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Bullboard - Stock Discussion Forum Bedrocan Cannabis Corp. V.BED

TSXV:BED - Post Discussion

Bedrocan Cannabis Corp. > Is it always bad news?
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Post by ryandlor on Apr 22, 2015 8:06am

Is it always bad news?

When a company fails to announce earnings, and keeps suhing it until the last possible day....is it alwasy bad?

Just asking, havent really seen this before.
Comment by cobills on Apr 22, 2015 11:43am
  It is not always bad.There is an old saying in the markets."Good news travels fast.Bad news travels slow".I am sure this statement will upset all the bulls on this board.But this company is becoming a joke.I am long this stock.GLTA
Comment by PotStocker on Apr 22, 2015 3:33pm
Hahaha, More and more longs are giving up hopes on this company now, knowing it has a 13 years of good tracking record. This is a contrarian indicator. Kidding. Here is my take on this. I think Bedrocan is not really interested in pumping share price. It has an ambitious goal.  It raised 15 million dollars as result of IPO, it has enough money to make itself a profitable company. I am ...more  
Comment by frankie1122 on Apr 22, 2015 3:47pm
This post has been removed in accordance with Community Policy
Comment by PotStocker on Apr 22, 2015 3:56pm
I have to agree with your observation regarding how Bedrocan handles the news and its public image. 1, Both CEO from Bedrocan, Bedrocan BV are pretty nervous when talking on TV, they are not very well trained at public speeking. 2, Bedrocan has not learned how to deal with investors. They do not know keeping a good relationship with investors are very important for next phase. But, they are good ...more  
Comment by DariusDD on Apr 22, 2015 4:53pm
Or out can keep going sideways;)
Comment by cobills on Apr 22, 2015 3:52pm
 Who said i was giving up hope?The thing that scares me is you are CERTAIN.
Comment by PotStocker on Apr 22, 2015 4:43pm
Man, do not kill the messenger. I was just trying to comfort you. If you are scared, then, I am not so certain.  Hope this makes you feel better. But I am certain your investment will be doubled on April 20th, 2016. Why? Because Bedrocan CEO said on BNN TV interview, they will breakeven at year end, that is Q4 2015.  I am sure you are not put all your money into Bedrocan, right ...more  
Comment by cobills on Apr 22, 2015 5:04pm
  Very small position 20,000@76.Most of portfolio in nyse.Every portfolio has a dog.               On another note i have emailed I.R. and no response.I had heard that the I.R. are getting $7000/month.That seems alot .Is this the normal fee for I.R firms?                               ...more  
Comment by PotStocker on Apr 22, 2015 5:19pm
It certainly not small amount because this IR got paid 84000 yearly with little doing, I have much more shares than you do. But what can you do with it? Getting a grow license is so difficult. And Bedrocan is so good at working with governments, not just one, but many. It is not that easy and simple to set your foot into government's door. This is the value that Bedrocan CEOs bring on the ...more  
Comment by PotStocker on Apr 22, 2015 5:23pm
I meant Q4 2015, the year end
Comment by Tweedlede on Apr 22, 2015 7:19pm
I think it all comes down to credibility to me.  Bedrocan is delaying Q4.  Ok, whoopee.  I'm disapointed, but I assure you this is far from a 'issue' for me as far as the investment goes.  They've done this before, several times, in several different countries.  Everything is going as plan, with the ONLY possiblility of a lagging client aquisition number. & ...more  
Comment by PotStocker on Apr 22, 2015 8:00pm
Are you suggesting that the share price could drop significantly after earning report? Let us say to 0.6x? If so, I will get my money ready to buy more, average down. I think the dream management team would be Bedrocan team to take care of growing business Tweed team to take care of public relationship and retails and Aphria team to take care wholesale. It would work like charm :). Or I forgot ...more  
Comment by Tweedlede on Apr 22, 2015 8:48pm
No, I'm assuming the stock will be flat at worst.  I dont expect anything too dramatic at all in this Q4.  I'm only hoping for strong forward guidance
Comment by PotStocker on Apr 22, 2015 9:49pm
Thanks. I would love to see it drops a little so I can average down. I figured that there are about 3000~ 5000 share holders right now. In theory, if share price drops, it will shake out some weak hands. Share price will go up when there are less share holders. I have no idea how to deal with flat line but wait.
Comment by Trennam on Apr 24, 2015 9:16am
Exactly. I do not expect any surprises either. I am looking for increased expenses and burnrate now that the larger production plant is up and running. There might even be a drop in sp after this news hits. (And I will continue to load up if that happens.) I expect the patient numbers to be modest to low because of the import limit that Bed is operating under right now. It won't jump until ...more  
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