Post by
MJVigilante on Oct 29, 2019 11:18am
current market
There is very little appetite in the market for a player like Eve & Co. at the moment. NR's will only have a small and short lasting effect.
Eve needs profit to bring up the share price.
Expansion is generally not profitable prior to operation. I do not expect big moves in share price until we get information on sales and profits.
That being said i think we will profit 1/2 our current market cap in 2020. Sales to europe will materialize as will more topical and edible products.
Sales will bring in the required capital to develop these lines. so perhaps a dribble of NR's about sales would move share price. i do not believe much else will.
i know my collective energies have not been sufficient.
I cannot understand the current valuation vs any of its recognized peers.
We even outperform the "bigs" in terms of profit.
Comment by
MJVigilante on Oct 29, 2019 11:24am
sorry for my bluntness but what burns my @$$ is that the money is going after fads and stupidity. It always goes after profits too. That's why i am sticking it out through thick and thin markets. Markets are not rational and should not be taken as an indication of same. Good luck and Long live EVE (at least into the >2$ range.)