Post by
skier59 on Nov 23, 2020 10:40am
So...
There are a few Bashers here that post daily. They certainly are trying hard to discourage Investors from buying. I just bought 36,000 @ 7.5 because I think this company has a tremendous upside potential from these levels. 18 months ago the company did a $10 Million Bought Deal Financing priced at 50 cents, which was above the trending Stock Price at the time. Since then they have added 750,000 sq feet of state of the art greenhouse capacity, and now sit with 1,000,000 sq feet. That is in itself impressive. Since then they have landed some new contracts in Europe. EVE has basically all the Gov.Certifications they need and have been expanding the product line. Sales will grow, and have grown.
I've been following this company on and off for about 2 years. I knew the whole POT sector would crash, so I just sat back and watched. I almost bought an initial position after that Bought Deal 18 months ago, but decided to sit it out and wait. Those Investors, unfortunately for them, have seen their Investment get hammered hard.
I have no expectations for their Q3, and will add to my postion later on when I feel the time is right for me.
I think the Company has achieved many positive things in the past few years, and I expect they will be around in the Market for a very long time. Profitability will be achieved by this Producer, unlike the majority of MJ Companys.
Comment by
reallyBobbyZ on Nov 23, 2020 10:53am
Hey Skier....Toronto showing 25,200 sold at 7 cents today. When did you "just buy" 36,000 @ 7.5? Cheers
Comment by
Jerrysbro on Nov 23, 2020 10:57am
at 1005 there was 30000 and another 6000
Comment by
skier59 on Nov 23, 2020 11:01am
Check the ATS. It went through on the CX2 exchange just after 10:00 I wanted to see if all your Bashing this week-end would of drawn out some sellers to knock out the 7's but it doesn't look like too many are interested in selling at these cheap prices.
Comment by
Greensavage on Nov 23, 2020 11:05am
its because everyone can see right threw bobby boys magical facts! Most likely cuz there just silly opinion!