Good Natured Products Inc V.GDNP.H

Thoughts?

[JUJU1985]

https://www.cantechletter.com/2020/12/good-natured-products-gets-new-1-80-price-target-at-beacon-securities/

[jermoguy]

My humble two cents.  I wish this came from another investment dealer other than Beacon.  Then it may be compelling for me.  I am long this stock regardless - like another poster mentioned, if Paul has referenced a $5.00 target at some point, that's good enough for me, presuming that is not 10 years from now...

[dileas48s]

I feel similar.  I think $1.80 a year from now is possible, but it's probably going to pass through the $0.80s and maybe the $0.70s in the short term come January.   A lot needs to happen.  I trust Paul's growth projections - he's been right so far.  The bigger question is whether or not there is further dilution to reach the longer distance revenue targets

[jermoguy]

You hit the nail on the head with the stock passing down to .70s. Man, I feel bad for those who bought at $1.20 based on the BNN interview.  I added at 1.28 and 1.31 but I am in it for the long term and my average is well under the current stock price.  But for those new to the stock and just bought in, they are probably scratching their heads. I just hope we don't see 20 cents

[DaveInvestor59]

I'm one if the investors who bought this stock on Bruce Campbell's Market Call recommendation as a Top Pick. Man was he ever off the mark on this one, at least in the short-term. Talk about bad timing. In just 1.5 weeks I'm down almost 40%.

[faraj69]

Fk I'd be pissed with BNN but you will make money in long term Dave hopefully lol if you can buy more shares to average your cost down that should help. 

[prouditalian]

would of been nice if in the interview he disclosed he participated at the low private placement. Of course he was pumping his position and I warned all not to listen. Even shorted as high as in the 1.30's. Im all covered now, but still the guy is a sleazeball IMO and you sir, should write him an email and thank him for your 40% loss.

[DaveInvestor59]

prouditalian I'd like to write Bruce Campbell an email and tell him I wished he had given better guidance, but he's been doing this for years and hopefully he already knows that. At the end of the day I know I'm responsible for my own investing decisions. I've had a number of advisors over the years who played fast and lose with my money. At least now I'm doing it on my own

[jermoguy]

I totally understand how you feel, DaveInvestor59.  And perhaps Campbell was just jumping on the bandwagon, as the trajectory of the stock was pretty much a straight line up for a few weeks.  But we all know nothing works like that.  If the stock dropped from 1.30 to 1.20 or even 1.10, and then started creeping up again, new investors would be none the worse for wear.  But it

[DaveInvestor59]

jermoguy thanks for the pep talk. I think I'll watch what happens in the next few weeks and see how much further to the downside this stock goes. It seems to be in free-fall mode right now. I know what you mean about Telsa. I bought Apple shares right after the stock split, and it promptly went down. It's taken two months to climb back up to what I paid for them. I finally broke even today

[TheeRook]

 The problem with the company so far is they never made a profit. The business is manufacturing which is high costs . Regardless of whether the product is green which is just marketing. All companies will be pushing int he green direction.  Coke is working on a paper Can. Many are gambling on the green wave with the higher revenues.

[Canoutchie]

Beacon is always optimistic, but 12 months out, given that Good Natured has been doubling its revenue year over year, it's not unreasonable to project that it's stock price will double in that time frame as well, especially if consumer trends towards clean tech continue to play out. In the next 12 months, Good Natured will probably have a few new contract wins under its belt. A company