Post by
krustybra on Dec 31, 2020 5:44pm
Good back and forth here
This stock just popped up on my scanner a few weeks ago and holy cow in the big picture, is this ever an exciting company with a ton of potential to fundamentally disrupt big pharma and cosmetic industry, and who knows how many other indutries. Can't wait to add this to my TFSA next week.
Just reading the past analysts opinions on Stockchase and is it ever interesting to see the number of analysts who were so in love with them 3 - 4 years ago, and how now they all have soured on the company - many saying because of lack of communication.
Now that is big negative for me when looking to invest in any company - cannot stand shitty IR and communications, and really have a hard time seeing lofty goals/timelines being set and regularly pushing them back (but its part of growing pains in small caps), and/or not getting updates on projects.
But the fundamental numbers don't lie and that's how they popped up in my screener. Is it ever hard to find profitable penny stocks (give it a try). Combine that with a company who specializes in Beta Glucans, which I believe will be a total game changer in health care if it were to be mass adopted (just think of all the possibilities with adaptogens & cancer treatment/prevention), and this is a really hard opportunity to pass up.
Longs - I feel your pain! I too have held on to a stock for many years where its been dead money and comminucation was brutal. I ended up exiting that position recently with a $90K loss - ouch. The difference with CZO vs that company i sold for a loss, is in the numbers - CZO has increasing sales and achieved profitablility, whereas that company was losing millions. As long as these numbers keep climbing, that's all I really care about
The fact that it certainly seems to be well know that the main area where CZO needs to improve is in its communication (just read through this forum or look what analysts said on BNN), it seems like the company should prioritize improving that area considerably and immediately. Maybe if enough of us keep pushing them it will happen. Its not hard to be a good communicating company either. Just look how good Brandon is with XBC - now that guy sets the IR standard that all companies should strive to meet in terms of communications.
I like reading the back and forth between the long term holders and Prophet. For the most part it is respectful and theres great points made on both sides - keep it up!
Looking forward to joing team CZO next week. 2021 will be another banner year for the markets.
Good luck longs - hang in there!
Comment by
prophetoffacts on Dec 31, 2020 6:44pm
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